Sunflower Meal Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 6.98 Billion |
| Market Size (2029) | USD 9.35 Billion |
| CAGR (2024 - 2029) | 6.05 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia Pacific |
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Sunflower Meal Market Analysis
The Sunflower Meal Market size is estimated at USD 6.98 billion in 2024, and is expected to reach USD 9.35 billion by 2029, growing at a CAGR of 6.05% during the forecast period (2024-2029).
- In 2018, the sunflower meal market revenue for Europe was the highest, with USD 1.5 million, followed by Asia-Pacific. Globally, the availability and competitiveness of sunflower meal are expected to remain high, and this may limit the growth in feed use of soybean meal, which is nevertheless expected to increase.
Sunflower Meal Market Trends
This section covers the major market trends shaping the Sunflower Meal Market according to our research experts:
Increasing Demand for Sunflower Meal in the Asia-Pacific Region
The increasing imports of sunflower meal in Vietnam and India can be attributed to the increase in the demand for alternative cheap sources of protein-rich feed. The growth in livestock production is expected to create a demand for better feed, as people are highly concerned about quality meat. The Chinese animal feed market is growing rapidly, due to the increasing demand for meat and meat products, especially pork. Over the last decade, the country’s animal feed industry has been witnessing augmenting consolidation.
Europe Dominates the Sunflower Meal Market in Terms of Revenue
The leading producer of sunflower meals in Europe is Ukraine, as it also dominates the production of sunflower seeds. Russia, which ranks second right after Ukraine, produced 4.6 million metric ton during 2017-2018. Sunflower meal consumption in Turkey in 2018 declined to 1.7 million metric ton, due to the increasing utilization of alternatives items, such as dried grains and solubles and corn gluten feed pellets.
Sunflower Meal Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Value Chain/Supply Chain Analysis
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5. MARKET SEGMENTATION
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5.1 Geography
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5.1.1 North America
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5.1.1.1 US
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5.1.1.1.1 Production Analysis
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5.1.1.1.2 Consumption Analysis, Market Value and Price Trend
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5.1.1.1.3 Import Market Analysis
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5.1.1.1.4 Export Market Analysis
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5.1.1.1.5 Price Trend Analysis
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5.1.1.2 Canada
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5.1.1.2.1 Production Analysis
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5.1.1.2.2 Consumption Analysis, Market Value and Price Trend
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5.1.1.2.3 Import Market Analysis
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5.1.1.2.4 Export Market Analysis
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5.1.1.2.5 Price Trend Analysis
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5.1.1.3 Mexico
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5.1.1.3.1 Production Analysis
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5.1.1.3.2 Consumption Analysis, Market Value and Price Trend
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5.1.1.3.3 Import Market Analysis
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5.1.1.3.4 Export Market Analysis
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5.1.1.3.5 Price Trend Analysis
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5.1.2 Europe
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5.1.2.1 UK
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5.1.2.1.1 Production Analysis
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5.1.2.1.2 Consumption Analysis, Market Value and Price Trend
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5.1.2.1.3 Import Market Analysis
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5.1.2.1.4 Export Market Analysis
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5.1.2.1.5 Price Trend Analysis
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5.1.2.2 Russia
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5.1.2.2.1 Production Analysis
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5.1.2.2.2 Consumption Analysis, Market Value and Price Trend
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5.1.2.2.3 Import Market Analysis
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5.1.2.2.4 Export Market Analysis
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5.1.2.2.5 Price Trend Analysis
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5.1.2.3 Ukraine
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5.1.2.3.1 Production Analysis
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5.1.2.3.2 Consumption Analysis, Market Value and Price Trend
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5.1.2.3.3 Import Market Analysis
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5.1.2.3.4 Export Market Analysis
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5.1.2.3.5 Price Trend Analysis
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5.1.3 Asia-Pacific
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5.1.3.1 India
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5.1.3.1.1 Production Analysis
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5.1.3.1.2 Consumption Analysis, Market Value and Price Trend
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5.1.3.1.3 Import Market Analysis
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5.1.3.1.4 Export Market Analysis
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5.1.3.1.5 Price Trend Analysis
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5.1.3.2 China
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5.1.3.2.1 Production Analysis
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5.1.3.2.2 Consumption Analysis, Market Value and Price Trend
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5.1.3.2.3 Import Market Analysis
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5.1.3.2.4 Export Market Analysis
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5.1.3.2.5 Price Trend Analysis
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5.1.3.3 Myanmar
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5.1.3.3.1 Production Analysis
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5.1.3.3.2 Consumption Analysis, Market Value and Price Trend
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5.1.3.3.3 Import Market Analysis
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5.1.3.3.4 Export Market Analysis
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5.1.3.3.5 Price Trend Analysis
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5.1.4 South America
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5.1.4.1 Argentina
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5.1.4.1.1 Production Analysis
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5.1.4.1.2 Consumption Analysis, Market Value and Price Trend
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5.1.4.1.3 Import Market Analysis
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5.1.4.1.4 Export Market Analysis
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5.1.4.1.5 Price Trend Analysis
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5.1.4.2 Brazil
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5.1.4.2.1 Production Analysis
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5.1.4.2.2 Consumption Analysis, Market Value and Price Trend
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5.1.4.2.3 Import Market Analysis
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5.1.4.2.4 Export Market Analysis
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5.1.4.2.5 Price Trend Analysis
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5.1.5 Middle East & Africa
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5.1.5.1 South Africa
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5.1.5.1.1 Production Analysis
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5.1.5.1.2 Consumption Analysis, Market Value and Price Trend
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5.1.5.1.3 Import Market Analysis
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5.1.5.1.4 Export Market Analysis
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5.1.5.1.5 Price Trend Analysis
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5.2 Procurement Preference Matrix
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6. MARKET OPPORTUNITIES AND FUTURE TRENDS
Sunflower Meal Industry Segmentation
The report includes sunflower meal, which is the by-product of the extraction of oil from sunflower seeds. Sunflower meals can be made from whole or decorticated seeds and can be mechanically and/or solvent-extracted. The quality of sunflower meal depends on the plant characteristics (seed composition, hulls/kernel ratio, dehulling potential, and growth and storage conditions) and processing (dehulling, mechanical, and/or solvent extraction).
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Sunflower Meal Market Research FAQs
How big is the Sunflower Meal Market?
The Sunflower Meal Market size is expected to reach USD 6.98 billion in 2024 and grow at a CAGR of 6.05% to reach USD 9.35 billion by 2029.
What is the current Sunflower Meal Market size?
In 2024, the Sunflower Meal Market size is expected to reach USD 6.98 billion.
Which is the fastest growing region in Sunflower Meal Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Sunflower Meal Market?
In 2024, the Asia Pacific accounts for the largest market share in Sunflower Meal Market.
What years does this Sunflower Meal Market cover, and what was the market size in 2023?
In 2023, the Sunflower Meal Market size was estimated at USD 6.58 billion. The report covers the Sunflower Meal Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Sunflower Meal Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Sunflower Meal Industry Report
Statistics for the 2024 Sunflower Meal market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Sunflower Meal analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
