A pumpkin is a fruit of a squash plant with round, smooth, slightly ribbed skin, and deep yellow to orange coloration. Pumpkin is the most popular crop in the USA with 1.55 billion pounds of pumpkin producedannually. Global Pumpkin Seed Market was valued at US$ XX Bn in 2019 and is expected to grow US$ XX Bn by 2027, at CAGR of a XX% during forecast period.
The main cultivator of pumpkin around the world areUSA, Canada, India, Mexico, and China.The report focuses on pumpkin seedvolume and value at the global level, regional level, and company level. From a global outlook, the report represents the overall pumpkin seed market size by evaluating historical data and future prospects. Regionally, the report covers several key regions like North America, Europe, Asia-pacific, Middle East & Africa, and South America. At the company level, the report covers the production capacity, revenue, and market share for each manufacturer covered in the report.
Global Pumpkin Seed Market Dynamics:
Pumpkin seeds are rich in iron and are the best sources in small amounts which are found through the plant-based diet. Also, pumpkin seeds are rich in nutrients and offer 16% of the daily nutrients in a just 1/4th cup of seeds. The anti-inflammatory and alkalizing nature of the pumpkin seedsis the key factor driving the growth of the global pumpkin seeds. For Example, Chlorophyll is found in all green foods, which alkalizes and naturally cleanses the body. The high protein content of pumpkin seeds has also led to a rise in demand for these products amongst health-conscious consumers who are looking forward to a healthy lifestyle.
The pumpkin seed oil has several critical health benefits and known to improve many physical conditions including prostate & bladder problems, and depression. There has been a growing trend and demand for Mexican food like Tacos, Tortillas, Salsa, Chilaquiles, etc in the developing and developed regions particularly in North America, Europe, and the Asia Pacific.
On the other hand, the anxieties concerning genetically modified crops and the harmful effects of the extreme consumption of pumpkin seeds are the highest market challenge in the global pumpkin seeds market.
Global Pumpkin Seed Market
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Global Pumpkin Seed Market Segmentation Analysis:
Byproduct form, the pumpkin seed market is segmented into Pumpkin Seed Oil, Pumpkin Seed Extract, and Pumpkin Seed Powder. The pumpkin seed powder segment is expected to hold the largest market share of the global market by 2027. This is mainly because ofpumpkin seed powder used in the preparation of several bakery products like biscuits, bread, and cookies, etc. used in breakfast.Also, considering many medicinal properties with the uses of pumpkin seed, the market of the medicinal use segment is a main and growing market segment.
By Application, the pumpkin seed market is divided into Food & Beverages, Pharmaceutical, Animal Feed & Pet Food, and Cosmetics & Personal care Products. Food & beverage is expected to hold the largest market share of the global pumpkin seed market by 2027, thanks to developing demand for bio-oil manufactured using natural substances is an additional market driver for the pumpkin seed market. Increasing demand for natural medicines is another factor boosting the growth of pumpkin seed extracts and capsules.
Global Pumpkin Seed Market Regional Insight:
The global pumpkin seeds market is divided into North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Asia-Pacific is the largest producer and consumer of pumpkin seeds across the globe followed by North America. Thanks to the countries from Asia-pacific like India and China are major producers of pumpkin and pumpkin seeds, and from North America such asMexico is a major producer and exporter of pumpkins and consumers are highly conscious about their health due to rising concern about obesity and overweight.
Also, Europe and Latin America are expected to hold the largest market shares in terms of consumption by 2027. The growing market trends like growth in the number of vegan populations, with innovative product offerings,and the trend of fitness is growing particularly among youngstersare expected to boost the growth of the market during the forecast period (2020-2027). The countries like U.K, France, Germany, Russia, and Italy are major markets of pumpkin seed protein in Europe. Presently, China produces more pumpkin and pumpkin seeds as compared to other countries such as India, Russia, Mexico, Ukraine, and the U.S. who are also the key producers of pumpkin seeds.
Global Pumpkin Seed Market1
Global Pumpkin Seed Market Competitive Landscape:
Product development and the marketing mix are some of the most chosen strategies of firms involved in this business. Considering the growing demand for protein across the globe, many of the key players are planning to expand their operations in emerging countries where there is a large consumer base. Therefore, efforts have been strengthened by major protein manufacturing companies to boost innovation and to develop protein products and extraction process that would ultimately result in cost-effective and high-quality pumpkin seed protein products.
The objective of the report is to present a comprehensive analysis of the Global Pumpkin Seed Marketincluding all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Pumpkin Seed Marketdynamics, structure by analyzing the market segments and project the Global Pumpkin Seed Marketsize. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Pumpkin Seed Marketmake the report investor’s guide.
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Scope of the Global Pumpkin Seed Market: Inquire before buying
Global Pumpkin Seed Market, By Product Form
• Pumpkin Seed Oil
• Pumpkin Seed Extracts
• Pumpkin Seed Powder
Global Pumpkin Seed Market, By Application
• Food & Beverages
• Animal Feed & Pet Food
• Pharmaceuticals
• Cosmetics & Personal care Products
Global Pumpkin Seed Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Pumpkin Seed Market
• Antonio Foods
• Styrian Pumpkin Seed Products
• Natural world Inc.
• Only Natural
• CB's Nuts
• Pumpkin Seeds Austrelia
• Hariss Seeds
• BonNuts
• Conagra Brands (David Seeds)
• The SPAR Group Limited
• NOW Health Group, Inc.
• Bob’s Red Mill Natural Foods
• Kean Ann Company
• Diamond Foods
• Blue Diamond Growers
• Planters
• 24 Mantra
• Others
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