In 2023, the demand for sunflower seeds in the US stood at approximately 1.02 million metric tons. The forecasted demand for 2024 and 2025 remains steady at 1.03 million metric tons, increasing slightly to 1.04 million metric tons by 2026, maintaining this level through 2028. This suggests a relatively stable market with a modest average Compound Annual Growth Rate (CAGR) over the forecast period.
Future trends to watch for include:
- The impact of dietary and health trends promoting sunflower seeds for their nutritional benefits.
- Potential shifts in agricultural policies or climate conditions affecting domestic production and supply.
- Influence of geopolitical factors on trade and import activities related to sunflower seeds.