Pumpkin Seed Market: Global Industry Analysis, Trends, and Forecast (2023-2029)

Pumpkin Seed Market size was valued at US$ 744 Mn. in 2022 and the total revenue is expected to grow at 13.4 % through 2023 to 2029, reaching nearly US$ 1794.1 Mn.
Pumpkin Seed Market Overview:
Global Pumpkin Seeds are the edible seeds of the pumpkin. They are also known as pepita, which is a Mexican phrase meaning "small squash seed." Pumpkins are produced for economic and ornamental purposes in practically every corner of the world. Pumpkin seeds are high in protein, dietary fibre, and various minerals, making them a nutrient-dense food. Pumpkin seeds can be eaten raw, boiled, or baked. Carotenoids and vitamin E are other antioxidants found in pumpkin seeds. Pumpkin seeds provide a number of health benefits and can help treat a variety of physical diseases such as prostate and bladder problems, as well as depression. Pumpkin seeds are a popular element in Mexican cuisine, and they are frequently roasted and eaten.To know about the Research Methodology :- Request Free Sample Report

2022 is considered as a base year to forecast the market from 2023 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2029. 2022 is a year of exception and analysed specially with the impact of lockdown by region.
Pumpkin Seed Market Dynamics:
Pumpkin seeds are high in iron and one of the greatest sources in tiny amounts found in a plant-based diet. Legumes and beans are essential. Pumpkin seeds, on the other hand, are high in nutrients, providing 16% of the daily value in just 1/4 cup of seeds. There is raw pumpkin seed protein powder on the market. Another key reason propelling the global pumpkin seed market is the pumpkin seeds anti-inflammatory and alkalizing properties. Natural chlorophyll is abundant in raw green pumpkin seeds. Chlorophyll is found in all green foods and spontaneously alkalizes and purifies the body.

The high protein content of pumpkin seeds has also resulted in an increase in demand for these goods among health-conscious consumers striving to live a healthy lifestyle. Protein is abundant in pumpkin seeds. Pumpkin seeds are high in tryptophan and a good source of amino acids. These may be mixed into smoothies, porridge, salads, soups, stir-fries, and a variety of other dishes. Additionally, rising health consciousness and growing use of high-quality oils and food products are driving the pumpkin seed industry.

Pumpkin seed and oil have amazing health advantages since they include minerals and important antioxidants that help to minimise, inhibit, and enhance a variety of health ailments. Because it is high in zinc and magnesium, it is beneficial to the heart, bones, and many other physiological systems. One tablespoon of pumpkin seeds includes over 1 mg of zinc and 40 mg of magnesium, which accounts for approximately 20% of the daily required consumption. It has been a popular snack since the World Health Organization (WHO) declared it to be the greatest food to eat for obtaining zinc and magnesium. The expansion of exports and food exploration has increased its global usage as a delectable snack. Also, 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.

To maintain pumpkin seeds on top of the market trend, function meets deliciousness.

Pumpkin seeds, regardless of where they are cultivated, are little yet mighty in terms of nutritional richness. According to the USDA's Food Data Central database, each one-third cup, 33-gram portion of pumpkin seeds contains 10 grammes of protein, more than 20 mg of calcium, and 2.7 mg of iron. They are also a good source of omega-3s, which can help vegans and vegetarians obtain enough of the crucial fatty acid. As per the USDA, pumpkin seeds are one of the powerful organic sources of magnesium, supplying 37% of the RDA for the mineral and 2 grammes of fibre per serving.

Scientific studies have also discovered that the high antioxidant content of pumpkin seeds may be beneficial in the treatment of certain diseases, such as breast and prostate cancer. Furthermore, pumpkin seeds include a trace of tryptophan, an amino acid found in turkey that has the ability to help with sleepiness and anxiety, both of which many consumers are experiencing during the epidemic. In reality, pumpkin seed flour is the natural source of tryptophan in ZenBev, a drink mix whose producer claims a high level of tryptophan.
Pumpkin Seed Market Segment Analysis:
The global Pumpkin Seed Market is segmented by Product Form and Application.

Based on Product Form, the global Pumpkin Seed market is sub-segmented into Pumpkin Seed Oil,  Extracts and  Powder. The Powder segment held the largest market share of xx% in 2022. This is mainly because of pumpkin 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.

Based on Application, the global Pumpkin Seed market is sub-segmented into Food & Beverages, Animal Feed & Pet Food, Pharmaceuticals and Cosmetics & Personal care Products. The Food & Beverages segment held large number of share xx% in 2022. Due 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.
Pumpkin Seed Market Regional Insights:
Asia-Pacific is the largest producer and consumer of pumpkin seeds across the globe followed by North America. Asia Pacific held the largest market share of 42% in 2022. Due to favourable weather conditions, India and China are the leading producers of pumpkin. The abundance of raw materials in the region, combined with the simple availability of labour, has strengthened its regional market. In 2022 China produced more than 711,000 tons of pumpkin seeds, up from 690,000 tons in the previous year. The total output of sunflower seeds that year was 3.25 million tons.

However, demand has been increasing in Latin America and North America, which could be due to the widespread use of pumpkin seeds in Mexican cuisine. Europe, despite being a dominating participant in the global cosmetic business, can be classified as an emerging market since pumpkin seeds are utilized as the primary ingredient in the majority of cosmetic goods.

The objective of the report is to present a comprehensive analysis of the global Pumpkin Seed Market to the stakeholders in the industry. The past and current status of the industry with the 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 include market leaders, followers, and new entrants.

PORTER, 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 reports also helps in understanding the global Pumpkin Seed Market dynamic, structure by analyzing the market segments and project the global Pumpkin Seed Market size. 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 Market make the report investor’s guide.
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Pumpkin Seed Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2022-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $744 Mn.


Forecast Period 2022 to 2029 CAGR:
13.4%
Market Size in 2029:
US $ 1794.1 Mn.


 Segments Covered:
by Product
Pumpkin Seed Oil
Seed Extracts
Seed Powder


by Application
Food & Beverages
Animal Feed & Pet Food
Pharmaceuticals
Cosmetics & Personal care Products


by Category
Organic
Conventional



Pumpkin Seed Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
Pumpkin Seed Market Key Players
1. Antonio Foods
2. Styrian Pumpkin Seed Products
3. Natural world Inc.
4. Only Natural
5. CB's Nuts
6. Pumpkin Seeds Austrelia
7. Hariss Seeds
8. BonNuts
9. Conagra Brands
10. The SPAR Group Limited
11. NOW Health Group, Inc.
12. Bob’s Red Mill Natural Foods
13. Kean Ann Company
14. Diamond Foods
15. Blue Diamond Growers
16. Planters
17. 24 Mantra
18. PepsiCo
19. Giant Snacks
20. True Elements
21. Prana

Frequently Asked Questions:

1. Which region has the largest share in Global Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Market?
Ans: The Global  Market is growing at a CAGR of 13.4% during forecasting period 2023-2029.

3. What is scope of the Global market report?
Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global market?
Ans: The important key players in the Global Market are – Antonio Foods, Styrian Pumpkin Seed Products, Natural world Inc., Only Natural, CB's Nuts, Pumpkin Seeds Austrelia, Hariss Seeds, BonNuts, Conagra Brands, 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, PepsiCo, Giant Snacks, True Elements, Prana, and

5. What is the study period of this market?
Ans: The Global Market is studied from 2022 to 2029.