Global Sunflower Meal Market Overview:
The Sunflower meal is the by-product of the oil extraction process. It is directly related to the excellent livestock feed, especially for ruminants. The sunflower meals contents high rich in fiber content and protein contents. As a result, the demand for sunflower meal is expected to increase in North America region due to cost feasibility and high conversion ratio. It has been observed that increasing sunflower meal bio availability of protein by the key players in manufacturing market is expected to flourish the global Sunflower meal market in future. The manufacturers of Sunflower meal products are expanding their businesses in Asia-Pacific countries as these countries are more prone to oil extraction.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Value Oriented Consumers. and Collaboration and Tie Up Of Leading Players.
Market Growth Drivers:
Increase in Demand of Sunflower Meal in Asia-Pacific Region. and Low Cost as Compared to Others Products.
Challenges:
Overuse of Sunflower Meals Leads to Health Problems. and Slow Rate of Sunflower Harvesting in Major Countries.
Restraints:
Excessive Use of Insecticides and Fertilizers Hampers the Growth of Sunflower Meal Market. and The Applications of Non-Hulled Sunflower Meal are Restricted in Adult Ruminant Diets.
Opportunities:
Rise in Demand due to Higher Bio availability and Ideal for Animal Feed Ingredients. and Sunflower Meal is an Alternative to Soya Bean Meal.
Competitive Landscape:
Sunflower Meal market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Archer Daniels Midland (United States), Avril (France), Bunge (United States), Cargill Inc. (United States), Colorado Mills (United States), Glencore Agriculture (The Netherlands), Kernel (United States), Mironivsky Hilboproduct (Ukraine), Optimus Agro (Ukraine) and Vioil Industrial Group (Ukraine). Additionally, following companies can also be profiled that are part of our coverage like Pology Oil Extraction Plant PJSC (Ukraine), Wilmar International Ltd (Singapore), Melitopol Oil Extraction Plant LLC (Ukraine) and Aston (United Kingdom). Analyst at AMA Research see United States and United Kingdom Vendors to retain maximum share of Global Sunflower Meal market by 2028. Considering Market by Oil Content, the sub-segment i.e. Low Oil Content will boost the Sunflower Meal market. Considering Market by Processing, the sub-segment i.e. Dehulling will boost the Sunflower Meal market.
Latest Market Insights:
In March 2019, Kernel Holding SA acquired 5.85% interest of ViOil Holding Ltd. This acquisition is beneficial in providing smooth and efficient flow of grains and oilseeds from inlands silos to ports as the company’s export volumes increase in at different reasons.
In April 2019, Soylent launched a squared 100-calorie mini-meal bar which is beneficial in providing a complete packaged for macro and micro-nutrients. It also consists of soy protein isolate, corn syrup, canola syrup, glycerin, isomaltulose, maltodextrin and others.
What Can be Explored with the Sunflower Meal Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Sunflower Meal Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Sunflower Meal
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sunflower Meal market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sunflower Meal market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Sunflower Meal Manufacturers, Sunflower Meal Traders, End-Use Market Participants of Different Segments of Sunflower Meal, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.