The US sunflower seed market is forecasted to experience a gradual decrease in per capita volume from 0.45 kg in 2024 to 0.41 kg by 2028. In 2023, the volume stood at 0.46 kg. The year-on-year decline is approximately 2.2% for each consecutive year. Over the five-year period, the compound annual growth rate (CAGR) suggests an average annual decline of around 2.4%.
Future trends to watch for include:
- Consumer preference shifts towards healthier and more diverse snack options.
- Potential impacts of climate change on sunflower seed production.
- Innovations in sunflower seed products that may capture consumer interest.
- Changes in dietary trends and their influence on seed consumption.