As of 2023, the domestic consumption of sunflower seed meal in China was recorded at 4.1 million metric tons. Forecast data shows a steady increase in consumption, projected at 4.52 million metric tons in 2024 and climbing to 6.18 million metric tons by 2028. This trend indicates a compound annual growth rate (CAGR) of approximately 8% from 2024-2028. The year-over-year growth rate consistently hovers around 9-10%, reflecting strong demand within a growing market.
Future trends to watch for include:
- Increasing demand for protein-rich livestock feeds driving sunflower seed meal consumption.
- Fluctuations in supply chain dynamics and international trade policies that may impact availability and prices.
- Potential shifts in dietary preferences and livestock production methods in China influencing demand patterns.