Sunflower Seed Meal Market Outlook:
Sunflower seed meal is byproduct of the extraction of oil from sunflower seeds. Sunflower seed meal can be obtained from decorticated and whole seeds. It is rich source of fiber and proteins due to which its use is rising from animal feed industry. In sunflower seed meal, protein content varies from 23% to 40% as sunflower oil extraction is done by using different extraction methods. The sunflower seed meal is organic as well as conventional in nature. For proper development and for healthy life of animals, the use of sunflower seed meal is rising globally.
Due to High Nutritional Properties the Demand for Sunflower Seed Meal is Rising from Livestock Feeds
Sunflower seed meal is consider as one of the main protein meal for livestock feeding. Sunflower seed meal is included in ruminants’ daily diet and used for feeding pigs and poultry under certain conditions. Sunflower seed meal is safe and valuable product, whose fiber, oil contents and protein are highly variable and driven by variations of the oil extraction process.
The important feature of the sunflower seed meal is the absence of anti-nutritional factors unlike other meals for instance soy meal, rapeseed meal and cotton meal etc., it does not require special attention before being fed. Sunflower seed meal is highly nutritious and rich source of proteins due to which its use is rising from animal feed industry as it beneficial for the right development and growth of animals.
In sunflower seed meal fat content is high, due to which it is perfect for feeding dairy cows as it improves the thickness and quality of the cow milk.
Attractive Feature of Sunflower Seed Meal is High Conversion Ratio & Economic Feasibility
Sunflower seed meal is avaialble at lower cost as it is a byproduct of sunflower oil processing. In developing countries, the sunflower seed meal is selected over other meal options as animal feed because of its cost feasibility. Sunflower seed meal is ultimate animal feed ingredient because of its high bioavailability and feed conversion rate.
Sunflower seed meal is used as feed for poultry specifically for layers as it has high amount of methionine which is usually absent in regular feed products due to which sunflower seed meal essential for layer hens.
Rising Demand for Compound Feed among Customers Boost the Growth Rate of Sunflower Seed Meal
A nutritious animal feed is among the vital requirements for cattle, swine and hen owners. Compound feed is fulfilling the requirement of these customers. Additionally, compound feed provides the right balance of nutrients, which positively impacts the productivity and health of animals. Sunflower seed meal plays an important role in formulation of compound feed formulations due to which the growth of compound feed is directly connected with growth of sunflower seed meal.
Sunflower Seed Meal Market Segmentation:
On the basis of form, the sunflower seed meal market is segmented into:
- Ground up powder
On the basis of end use, the sunflower seed meal market is segmented into:
On the basis of nature, the sunflower seed meal market is segmented into:
Global Sunflower Seed Meal: Key Participants
Some of the key participants operating their business in the global sunflower seed meal market are Cargill, Incorporated, Optimusagro Holding Ltd, Allseeds, Archer Daniel Midland Company, Pology Oil Extraction Plant PJSC VIOIL Holding S.A., Wilmar International Ltd, Melitopol Oil Extraction Plant LLC, Aston and other players.
The key players of sunflower seed meal are focusing on acquisition and mergers to expand the business footprints globally as well as to increase the production capacity and to expand the product portfolio.
Key Players of Sunflower Seed Meal have Various Opportunities in Developing Regions
Europe is leading in the production as well as consumption of sunflower seed meal. The trade of sunflower seed meal is also high in European countries. In developing regions such as Asia Pacific and Latin America, the demand for sunflower seed meal is expected to increase in forecast period because consumers in these regions choose oilseed meals for livestock over other formulated feed for economic feasibility.
The key players are expanding their production facilities in Asia Pacific and Latin America due to which the availability of sunflower seed meal will improve in these regions. The number of animal husbandries and livestock is increasing every year due to which sunflower seed market is expected to witness significant growth in forecast period.
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