Global Multi-flavored Sunflower Seeds Market - Market Size & Forecasting To 2032

Global Multi-flavored Sunflower Seeds Market - Market Size & Forecasting To 2032

The global multi-flavored sunflower seeds market is estimated to reach USD 39.14 billion in 2023 and is expected to exhibit a CAGR of 6.56% over the forecast period 2023 to 2032.

Sunflower seeds are expected to grow at the rapid rate in the near future. These seeds are nutrient powerhouses, with especially beneficial levels of selenium and zinc. They are available in butters and snacks including sweet and savoury products made by major key players which are available in independent food stores and online stores.

Sunflower seeds are popular in trail mix, multi-grain bread and nutrition bars, as well as for small snacks. They’re rich in healthy fats, beneficial plant compounds and several vitamins and minerals. Sunflower seeds have a mild, nutty flavor and a firm but tender texture. They’re often roasted to enhance the flavor, and also can be eaten raw.

These nutrients play a role in reducing risk of common health problems, including heart disease, inflammation and diabetes. Sunflower seeds can reduce inflammation, which is responsible for several chronic diseases including heart diseases and type 2 diabetes. Sunflowers seeds contain a compound that can block an enzyme that causes blood vessels to constrict. This can lower down blood pressure by relaxing the blood vessels and can also cut down the risk of stroke. People who have diabetes always have to keep their blood sugar level in check, and sunflowers seeds can even help in that. These trends have improved the consumer base for sunflower seeds, which in result is increasing the demand for flavored seeds. Thus, growing demand for sunflower seeds will drive the market growth during the forecast period.

The global Multi-flavored sunflower seeds market has been segmented by type, packaging, application, distribution channel, and region.

Based on type, the market is segmented into salted flavor, honey flavor, walnut flavor and others. Salted sunflower seeds remains the common and classic choice among the consumers and hence dominates the market growth during the forecast period. Furthermore, other flavors are gaining momentum in the market, as key players are introducing new and exciting flavors to attract more customers.

Based on packaging, the market is segmented into paper and plastic. The paper segment is expected to have the significant growth during the forecast period. The growing demand for green and sustainable packaging and forced the food manufacturers to adopt new strategies related to paper packaging. This in result, will drive the segment growth and hence boost the market. Based on application, the market is segmented into bakery & confectionary, foodservice industry and retail/household. Foodservice industry segment is expected to dominate the market growth due to its ease of convenience and product offerings. Retail stores will also continue to remain familiar places to purchase multi-flavored sunflower seeds even as online channels gain popularity due to the ease of convenience and impulse buying.

Based on distribution channel, the market is segmented into retail stores and online stores. Retails stores includes hypermarket/ supermarket, convenience stores, and others. The hypermarket/ supermarket is expected to have significant growth during the forecast period. The growth of urbanization and purchasing power of consumers leads to increase in shopping from supermarkets. This in result, will drive the market growth.

Based on region, the Multi-flavored sunflower seeds market is categorized into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the market growth during the analysis period. The factors contributing to the market growth in North America is presence of major key players, growing urbanization and increasing demand towards easy and ready to eat food products.