Insights into the Future Growth Potential of the Packaged Sunflower Seeds Market 2024-2033
Save up to 30% on The Business Research Company’s comprehensive market research reports for a limited time only!
What is the Expected Expansion Rate of the Packaged Sunflower Seeds Market in the 2024-2033 Forecast?
In recent years, the market size for packaged sunflower seeds has solidly increased. With projections indicating an increase from $1.23 billion in 2023 to $1.33 billion in 2024, showing a compound annual growth rate (CAGR) of 8.2%. Factors contributing to the market growth over the historical period include the rising health awareness, an increase in snacking habits, a range of flavors and formats, trends towards vegan and plant-based diets, convenience and transportability, retail availability and shelf placement, as well as the culture of sports and fitness.
The market for packaged sunflower seeds is slated to witness robust expansion in the coming years, skyrocketing to $1.8 billion by 2028 with a compound annual growth rate (CAGR) of 7.9%. The projected growth could be due to the emphasis on eco-friendly packaging, introducing a range of flavors, catering to diverse consumer groups, the impact of food and cooking trends, inclusion in cooking kits and recipes, and healthy food properties. Key trends in the forecast period encompass easy and portable snacking options, integration of flavor trends, transparent labeling and natural product, product placement for various consumer groups, the effect of international cuisines, and the availability of products free from nuts and allergens.
Claim Your Free Sample of the Global Packaged Sunflower Seeds Market Report Today!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8046&type=smp
What Factors Are Catalyzing the Growth of the packaged sunflower seeds Market?
The expansion of the packaged sunflower seeds market is anticipated to be fuelled by increasing consumer knowledge of the numerous health advantages these seeds offer. Sunflower seeds have been found to reduce the likelihood of abnormal heart rhythms, or arrhythmias, and lower triglyceride concentrations, slowing the accumulation of atherosclerotic plaque and decreasing blood pressure. Sunflower seeds are gaining popularity as people become more health-conscious and seek healthier alternatives. Due to their high vitamin, protein, and mineral content, sunflower seeds can help mitigate diseases like cancer, asthma, and depression. For example, in November 2021, the National Library of Medicine, a U.S.-based medical and biomedical service provider, reported that sunflower seeds are nutrient-dense with 33.85% protein, 65.42% lipids, and 18 minerals. Sunflower oilcake has more fiber (31.88% and 12.64% for pellets and cake, respectively) and proteins (20.15% and 21.60%) than seeds, with a balanced amino acid composition. The seeds provide both essential (6.63%) and non-essential amino acids (93.37%) in a total AA content of 5790.26 nmol/g in the sample. Hence, the budding consciousness among consumers regarding the multiple health benefits of sunflower seeds is fuelling the growth of the packaged sunflower seeds market.
What Are the Defining Segments of the Packaged Sunflower Seeds Market?
The packaged sunflower seeds market covered in this report is segmented –
1) By Product: Plain, Salted, Ranch Flavored, BBQ Flavored, Dill Pickle Flavored, Other Products
2) By Packaging: Pouches, Bottles, Jars
3) By Application: Hypermarkets And Supermarkets, Convenience Store, Online Store, Other Applications
What Are the Groundbreaking Trends in the Packaged Sunflower Seeds Market?
The packaged sunflower seeds market is increasingly influenced by technological progress. Key players in the market are introducing cutting-edge advancements, like hybrid seed varieties, and leveraging blockchain and other Internet of Things (IoT) technologies to optimize the procurement, processing, and distribution steps for packaged sunflower seeds. For example, in January 2021, Tamil Nadu Agricultural University (TNAU), a state agricultural institution based in Tamil Nadu, India, developed a hybrid sunflower variety that showcases high yield and resistance to diseases, suitable for growth in rain-fed regions. The university stated that this product contains 42% oil and can produce 716 kg/ha, exceeding the yield of conventional sunflower seed varieties by 200–250 kg. This new breed is also immune to common crop diseases like necrosis and powdery mildew.
Order Now for Fast Delivery of Your Packaged Sunflower Seeds Market Report!
https://www.thebusinessresearchcompany.com/report/packaged-sunflower-seeds-global-market-report
What Are the Key Regions Powering Growth in the Packaged Sunflower Seeds Market?
Europe was the largest region in the packaged sunflower seeds market in 2023. Asia-Pacific is expected to be the fastest-growing region in the packaged sunflower seeds market report forecast region. The regions covered in the packaged sunflower seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Packaged Sunflower Seeds Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the packaged sunflower seeds market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Packaged Sunflower Seeds Market Include
1. Packaged Sunflower Seeds Market Executive Summary
2. Packaged Sunflower Seeds Market Segments
3. Packaged Sunflower Seeds Market Size And Template Market Growth Rate
4. Key Packaged Sunflower Seeds Market Trends
5. Major Packaged Sunflower Seeds Market Drivers
……
25. Key Mergers And Acquisitions In The Packaged Sunflower Seeds Market
26. Top Packaged Sunflower Seeds Companies
27. Packaged Sunflower Seeds Market Opportunities And Strategies
28. Packaged Sunflower Seeds Market, Conclusions And Recommendations
29. Appendix
Discover Related Reports by The Business Research Company:
Print Media Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/print-media-global-market-report
Office Supplies Except Paper Global Market Report 2024
Newspaper And Magazines Publishers Global Market Report 2024
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
