Published Date: 21-Apr-2021
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According to a new report Global Packaged Sunflower Seeds Market, published by KBV research, The Global Packaged Sunflower Seeds Market size is expected to reach $1.4 billion by 2026, rising at a market growth of 9.5% CAGR during the forecast period.
The online channel market segment will emerge as the fastest growing market segment during the forecast period. The factors that fuel the growth of the segment are the rising adoption of e-commerce & the increasing number of online selling portals. Moreover, global e-commerce companies like Amazon are contributing to the growth of the market by increasing the consumer base around the world.
By product, the salted product market segment garnered the highest revenue share in the global market in 2019. There is a wide variety of flavors available in the packaged sunflower seed like salty, sweet, jalapeno, pickle, spicy, ranch, salsa, sour cream, barbeque, fusion, cracked pepper, spicy queso, seasoned, lemon, honey mastered, and chipotle. The roasted & salted flavor of sunflower seeds is among the most popular flavor in the sunflower seeds market. The vast variety of flavors of sunflower seeds are gaining popularity among the population, which further opens bright growth prospects for the market.
Based on Region, Europe has emerged as the leading region in 2019. The sunflower seeds product, specifically the in-shell seed, is the most popular street food in the Mediterranean & Eastern European countries. Though, the preference of consumers regarding the packaged sunflower seeds differs from country to country in this region. Moreover, the increasing demand for convenience foods & functional snacks in the Western region of Europe is projected to propel the demand for packaged sunflower seeds during the forecast period.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Conagra Brands, Inc., PepsiCo, Inc., The Kraft Heinz Company, Sincerely Nuts, Inc., Chinook Seedery, Aperitivos Flaper S.A., Waymouth Farms, Inc., Dakota Style Foods, Inc., Giant Snacks, Inc., and Realfoodsource Ltd.
By Distribution Channel
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