Global Sunflower Market Size By Product, By Application, By Geographic Scope And Forecast

Sunflower Market Size And Forecast

Sunflower Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2023 to 2030.

The factor driving the market growth the rapid growth of the food industry, increasing adoption of a healthy lifestyle, and the use of sunflower in various sectors like cosmetics and pharmaceuticals is fueling the market growth. The Global Sunflower Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Sunflower Market Definition

Sunflower is a genus consisting of numerous species with varied characteristics. Sunflower contains medicinal properties and essential vitamins, minerals, and antioxidants. The increasing need for a nutritious diet for a healthy lifestyle is driving the growth of the Sunflower Market. Also, it helps lower blood pressure, control sugar and cholesterol, and helps in boosting the immune system. It is used for decoration, edible oil seeds, and birdseed and can also be used as a silage crop.

Moreover, several benefits are associated with sunflower; it finds application in many sectors such as food and beverages, ornaments, pharmaceuticals, and cosmetics. Furthermore, sunflower oil has many industrial applications because of its semi-drying properties and can be used in paints, plastics, fabric softeners, varnishes, lubricants, and coatings. It is grown in a semi-arid region, with warmer weather and well-drained soil. Sunflower Market can be classified based on its color, type, and region.

Global Sunflower Market Overview

The growing need for a nutritious diet for a healthy lifestyle and the rapid surge for sunflower oil for cooking oil is raising the demand for sunflowers. The sunflower has many essential vitamins and minerals that are useful in the cosmetics and pharmaceutical industries. Due to their multiple health benefits, such as anti-inflammatory properties, astringents, stimulants, and several nutritional values, sunflowers are widely used in the food industry and pharmaceutical industries.

In addition, increasing income and growing liking for traditional cuisines, and raising awareness of the healthy lifestyle are significant factors for driving the development of the Sunflower Market. Sunflower oil and sunflower seeds have several benefits, such as medicinal, and weight loss, that is boosting the use of the Sunflower Market. Although sunflowers have several uses, changes in the environmental conditions that can affect the growth of sunflowers, lack of awareness of the health benefits of Sunflower oil, and volatility in the prices are restraining the development of the Sunflower Market. Moreover, Government policies on importing and exporting may restrict the trade of sunflowers and may impact the growth of the Sunflower Market.

Global Sunflower MarketSegmentation Analysis

The Global Sunflower Market is Segmented on the basis of Product, Application, And Geography.

Sunflower Market, By Product

• Sunflower Seeds
• Sunflower oil
• Others

Based on Product, The market is bifurcated Sunflower Seeds, Sunflower Oil, and others. Sunflower Oil dominated the Sunflower Market due to rising health consciousness and awareness regarding several health benefits of Sunflower Oil.

Sunflower Market, By Application

• Food and Beverages
• Ornaments
• Pharmaceuticals
• Cosmetics
• Others

Based on Application, The market is bifurcated into food and beverages, ornaments, pharmaceuticals, cosmetics, and others. Food and Beverages application dominate the Sunflower Market due to rising health awareness. Pharmaceutical application is expected to grow due to their several medicinal benefits.

Sunflower Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Regional Analysis, The Global Sunflower Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Europe Region is dominating the Sunflower Market. The increasing population and rising income, and health consciousness are the contributing factors to the development of the Sunflower Market in the region. Asia Pacific region is expected to grow and moreover, is the largest exporter in the Sunflower Market.

Key Players

The “Global Sunflower Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Cargill Ltd., Monsanto, Archer Daniels Midland Co., Conagra Brands Inc., Sindan Organic, Blue Diamond Growers, Kernel Ltd., DuPont, Syngenta, and Richardson International Ltd. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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