The US sunflower seed market volume in 2023 was approximately 153.0 thousand metric tons. Forecasts indicate a steady decline, with volumes projected to decrease from 151.0 thousand metric tons in 2024 to 142.0 thousand metric tons by 2028. This represents a compound annual growth rate (CAGR) of -1.9% over the forecast period. Year-on-year declines are consistent, around -1.3% to -1.4%, reflecting sustained downward pressure on demand or shifts in market dynamics.
Future trends to watch for:
- Impact of dietary shifts towards healthier or alternative seed options.
- Effects of climate change on sunflower cultivation areas.
- Potential policy changes impacting agricultural production incentives.
- Technological advancements in seed production and supply chain efficiency.
