PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339260
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339260
The global pumpkin seed protein market size is expected to reach USD 1,926.29 million by 2032, according to a new study by Poalris Market Research. The report "Pumpkin Seed Protein Market Share, Size, Trends, Industry Analysis Report, By Product (Pumpkin Seed Oil, Pumpkin Seed Powder, Pumpkin Seed Extracts, Others); By Source; By Application; By Distribution Channel; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Health consciousness is increasingly expanding day by day among a huge population. Pumpkin seed contains a large number of health benefits. It contains all essential amino acids, making it a complete protein source. Protein has been found to increase feelings of fullness and satiety, which can help manage appetite and promote weight control. For example, each one-third cup, a 33-gram portion of pumpkin seeds, offers 10 grams of protein, more than 20 mg of calcium, and 2.7 mg of iron, according to the USDA's FoodData Central database. Due to the presence of essential nutrients in the pumpkin seed, many people seek this protein. As a result, this factor is improving the expansion of the global market.
Rising preference towards plant-based diets has led to a surge in demand for plant-based protein sources. Pumpkin seed protein, a plant-based protein, has gained popularity as a viable alternative to animal-based proteins. This is driving the market's growth all over the globe. In addition, the sports nutrition industry has experienced significant growth, driven by increased participation in fitness activities, sports, and an emphasis on performance enhancement. With its muscle-building properties and nutrient content, Pumpkin seed protein has found applications in the sports nutrition sector, including protein powders, bars, and supplements.
Pumpkin seed oil segment is accounted for largest share in 2022. This is linked to increasing consumer preference and availability of the product across many countries
Organic segment is emerged as largest segment in the global market due to escalating trend towards plant-based protein sources and health consciousness among huge number of populations.
Food and beverages led the largest share in the global market in the fiscal year 2022. This is due to use of the seed protein across many food due to its benefits like versatility
Online segment is expected to expand the market with the fastest CAGR during the assessment year. This is attributed to the growing e-commerce industry and convenience among the consumers regarding online sales
North America held the largest share as of 2022 due to huge consumption of pumpkin seed protein products, launches of various products by market players, and rising demand for high protein content among the consumers
The global players include: Conagra Brands, PepsiCo, Pumpkin Seeds India, Qiaqia Food, Rizhao Golden Nut, Shandong Jinsheng Cereals & Oils, Seeds for Africa, AKS-NEV, True Elements, Howard Dill Enterprises, Giant Snacks, Meridian Foods, and Nature'S Harvest & Geniuscentral
Polaris Market Research has segmented the Pumpkin Seed Protein market report based on product, source, application, distribution channel, and region: