Sunflower meal Market Outlook
Sunflower
meal is the by-product of oil extraction from sunflower seeds. Used as a feed
ingredient, sunflower meal is rich in fiber content and protein content. By the
virtue of sunflower meal’s high protein and fiber content, it is one of the 5
most widely used meals for animal feed. Sunflower meal can be obtained from
whole or decorticated seeds. Since sunflower
meal is high in protein, it is utilized for feed mostly in case of
ruminants where the high fiber content is desirable. Or in sows in case of
swine feed. The protein content in sunflower meal ranges from 23% to as
high as 40% depending upon the type of extraction used in sunflower oil
extraction.
High nutritional aspects of sunflower meal have led to sunflower
meal being the meal of choice for livestock feeds.
Sunflower
meal protein is more degradable than other seed meals such as soya bean, or
rapeseed meal, making it the best contender for animal feed. Sunflower meal
also is high in protein content, which is a macronutrient necessary for the
proper growth and development of animals. Apart from the higher bioavailability
of protein, sunflower meal is also devoid of any anti-nutritional factors, and
hence is considered to be safe for all types of species and is not of limited
use. Sunflower meal is also high in fat content, which makes it an ideal feed
for dairy cows since farmer more often than not supplement the fat externally
to improve the quality of milk obtained from the cows.
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Economic feasibility and high conversion ratio an attractive aspect
of sunflower meal.
Since
sunflower meal is a by-product of the sunflower oil processing, it is available
at a much lower cost. This cost feasibility of the sunflower meal has led to it
being chosen over other available options for animal feed in developing
countries. Due to sunflower meal’s higher bioavailability, the feed conversion
rate is also high which makes it an ideal animal feed ingredient. Poultry,
especially layers have much use of sunflower meal as the sunflower meal is high
in methionine, a necessary ingredient for layer hens absent in general feed
products.
A growing livestock industry and animal feed industry supporting
the growth of sunflower meal market.
Global
demand for animal-derived products, including meat, dairy and poultry, and others
is on a steady rise. To fulfill the demand, compound feed industry is growing
as well. Sunflower meal plays an important part in compound feed formulation,
and therefore the growth for sunflower meal market is proportional with the
growth of the compound feed industry. Apart from being a part of compound feed
formulation, sunflower meal can be fed to the animals directly in as much as
20% of the total ration being fed to the animals, although the use of
non-hulled sunflower meal is restricted for use in adult ruminant diets only,
the decorticated sunflower meal can be used freely for any species under a
threshold. The reason for the threshold being the excessive use of fertilizers
and insecticides for growing sunflowers that increase the heavy metal content
in the sunflower meal.
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Global
sunflower meal market: key players
Some of
the key players in the global sunflower meal market are Optimusagro Holding
Ltd., Melitopol Oil Extraction Plant LLC, Aston, VIOIL Holding S.A., Pology Oil
Extraction Plant PJSC, Archer Daniel Midland Company, Cargill, Incorporated,
Allseeds, Wilmar International Ltd, SVMA etc.
Opportunities for Market Participants in Sunflower Meal Market:
Opportunities
for market participants in the sunflower meal market are plentiful in major
livestock and feed producing regions. Global feed production has reached 1.07
billion metric tons as of 2017 over 1.03 billion metric tons in 2016, this
speaks volumes about the scope of growth for sunflower meal market. Sunflower
meal market has multiple opportunities for growth in developing regions as well
where consumers prefer oilseed meals for livestock than formulated feed for
cost feasibility. As the number of livestock and number of animal husbandries
is rising per year, the demand for sunflower meal is anticipated to surge as
well.
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