SAN FRANCISCO, Oct. 13, 2020
SAN FRANCISCO, Oct. 13, 2020 /PRNewswire/ -- The global packaged sunflower seeds market size is expected to reach USD 1.76 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.9% from 2020 to 2027. The growing demand for ready-to-eat foods and shifting preference towards healthy snacks have been driving the market. Such products have been gaining traction among sportsmen, especially baseball players, as an alternative to chewing tobacco. Packaged sunflower seeds are expected to gain traction as a functional snack in the upcoming years due to their high nutritional value.
Key suggestions from the report:
Read 80 page research report with ToC on "Packaged Sunflower Seeds Market Size, Share & Trends Analysis Report By Product (Plain, Salted, Ranch Flavored, BBQ Flavored, Dill Pickle Flavored), By Distribution Channel, By Region, And Segment Forecasts, 2020 - 2027'' at: https://www.grandviewresearch.com/industry-analysis/packaged-sunflower-seeds-market
The product has a high nutritional value, which is beneficial for human health. It contains antioxidants, vitamin B1, vitamin E, healthy fats, electrolytes, and fibers. These nutritional values of the product help in boosting heart health, treating diabetes, decreasing inflammation, preventing specific cancers, reducing cholesterol, preventing osteoarthritis and atherosclerosis, and increasing energy. Additionally, the magnesium present in these seeds helps in relieving migraine, headaches, and hypertension. Moreover, in the U.S., the product has gained traction among baseball players as an alternative to chewing tobacco.
Salted products held the largest share of more than 35.0% in 2019. However, the demand for innovative flavored products is growing significantly worldwide with the rising introduction of assortment flavors in the market. Ranch, BBQ, dill pickle, cracked pepper, honey, and mustard are popular flavors of the product.
Europe dominated the market in 2019 with more than 40.0% share of the global revenue. The product has been consumed in the region for centuries as a snack food item. More than half of the consumers in Spain buy the product and the majority of them prefer roasted products. Additionally, Europe is the largest producer of sunflower seeds in the world. Ukraine, Russia, Bulgaria, and Turkey are the top producers in the region.
Grand View Research has segmented the global packaged sunflower seeds market on the basis of product, distribution channel, and region:
List of Key Players of Packaged Sunflower Seeds Market
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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