The global demand for Sunflower Meal Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Sunflower meal, also known as sunflower oil meal, is a side product of the oil extraction from the flower. Based on production, this meal ranks fourth most significant oil meal, the queue is led by soybean, rapeseed and cottonseed meal. There exists a wide variety ranging from straw-like (low quality) to high-quality meals which means it can be produced from whole or decorticated seeds or solvent-extracted. The quality of meals derived from sunflowers is subjective to plant characteristics and used processing methods. Owing to rich fiber and protein content, this meal type is extensively utilized as a feed ingredient.
Market Dynamics
High nutritional aspects of sunflower meal have been attributed to its extensive use as a meal for livestock feed. Also, it is more degradable than other competent seed meals. A thriving livestock trade and animal feed industry are supporting the expansion of the sunflower meal market. The demand for animal-derived products that include dairy, poultry, meat is rising continually across the globe, thus compound feed trade is also prospering to fulfill the demands. Boosted demands for alternative cheap sources of protein-rich feed in developing economies are anticipated to drive the sunflower meal market. Also, the cost feasibility of this meal type contributes to the growing demands.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of sunflower meal.
Market Segmentation
The entire sunflower meal market has been sub-categorized into form, end use and source. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Form
- Pellets
- Cakes
- Ground Up Powder
By End Use
By Source
- Decorticated Sunflower Seeds
- Whole Sunflower Seeds
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for sunflower meal market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Sunflower Meal Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the sunflower meal market include Optimusagro Holding Ltd., Melitopol Oil Extraction Plant LLC, Aston, VIOIL Holding S.A., Pology Oil Extraction Plant PJSC, Archer Daniel Midland Company, Cargill, Incorporated, Allseeds, Wilmar International Ltd., SVMA. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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