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

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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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.

The Sunflower Market is really taking off, thanks to things like people having more money, rediscovering a love for traditional foods, and becoming more aware of healthy living. Sunflower oil and seeds are packed with benefits, from medicinal uses to helping with weight loss, which is fueling the market's growth. But, it's not all sunshine and sunflowers! Changes in the weather can really mess with sunflower crops, and not everyone knows about the health benefits of sunflower oil. Plus, the prices can bounce around a lot, which can slow things down. Government rules about importing and exporting can also make it tricky to trade sunflowers, impacting how the market grows.

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.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2019-2030

BASE YEAR

2022

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2019-2021

KEY COMPANIES PROFILED

Cargill Ltd., Monsanto, Archer Daniels Midland Co., Conagra Brands Inc., Sindan Organic, Blue Diamond Growers, Kernel Ltd., DuPont

SEGMENTS COVERED
  • By Product
  • By Application
  • By Geography
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We'll dive into the market using both number-crunching (quantitative) and deeper understanding (qualitative), segmenting it by things like economics, but also stuff that's harder to measure. You'll get the market value (in USD Billion!) for every part of the market, big and small. We'll point out which region and segment are predicted to grow the fastest and be the biggest. Plus, we'll analyze each region, looking at how much of the product/service they use and what's influencing the market there. See who the big players are in a competitive landscape rundown including market rankings, recent launches, partnerships, expansions, and acquisitions over the last 5 years. We provide full company profiles (overview, insights, product comparisons, and SWOT analysis) of the major players. Expect a look at the market now and where it's going, considering recent news, opportunities, growth factors, and what's holding things back in both new and established areas. We'll even use Porter's five forces to understand the market from all angles, giving you insight via a Value Chain analysis. Finally, we'll describe the market's dynamics and future growth opportunities. Oh, and don't forget our 6-month post-sales analyst support!

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