Pumpkin seed market expected to reach USD 1.81 billion by 2025 with CAGR of 15.5%
April, 2019 | Source: Profshare Market Research
A pumpkin is a fruit of a squash plant with round, smooth, slightly ribbed skin, and deep yellow to orange coloration. A pumpkin is cultivated all around the world for commercial use,agricultural purpose, and ornamental sales. Pumpkin is most popular crop in USA with 1.52 billion pounds of pumpkin produce each year. Biggest cultivator of Pumpkin around the world are:
• USA • Canada • India • Mexico • China
Pumpkin seeds, also known as pepitas, are edible with rich nutritional value . Pumpkin seeds are about 1.5 cm (0.5 in) long, flat, oval, light green in color. pumpkin seeds are a good source of protein, magnesium, copper and zinc. Over the years Pumpkin seeds has gained significant market globally due to essential nutritional value. Pumpkin seeds are a good source (10–19% DV) of riboflavin,, pantothenic acid, folate sodium and potassium. Pumpkin seed oil primarily use in cuisine as a salad and cooking oil and it has major market in central Europe.
Pumpkin seeds are helpful with lower levels of stomach, breast, lung, prostate and colon cancers, relieve symptoms of benign prostatic hyperplasia (BPH), Controlling blood pressure, Regulating blood sugar levels Forming and maintaining healthy bones, Very High in Fiber useful to control obesity. Pumpkin seed market has shown moderate growth with CAGR of 15.5% to lift market to USD 1.81 billion by 2025.Demand for Pumpkin seed market is growing due to health benefit,Pumpkin oil for cuisine with USA lead the overall market.
Key vendors of Pumpkin seed Market
The global pumpkin seeds market is consist of major players with many emerging small players competing on brand name,packaging,promotion,price and supply chain.
Major vendors in the market are:
• Rizhao Golden Nut Group • PepsiCo • Conagra Brands • Qiaqia food • GIANT Snacks
Segmentation by end-use of the pumpkin seeds market
• Nutraceuticals • Food • Pumpkin seed oil production
Segmentation by distribution channel of the pumpkin seeds market
• Convenience stores • Specialist retailers • Supermarkets and hypermarkets
With increase in the popularity of Supermarket and organized retailer in Developed and Developing countries demand for the pumpkin seeds has raised significantly.
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