Global Pumpkin Seeds Market 2017-2021
About Pumpkin Seeds
Pumpkin seeds are the edible kernels of pumpkins. The seeds are concentrated sources of many vitamins, minerals, antioxidants, and vital amino acids. They contain zinc, magnesium, copper, and iron in substantial quantities. They can be found in various forms: hulled, roasted, and raw.
Technavio’s analysts forecast the global Pumpkin Seeds market to grow at a CAGR of 15.07% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global pumpkin seeds market for 2017-2021. To calculate the market size, the report considers the include the retail sales of pumpkin seeds in food products, packaged pumpkin seeds, and also the industrial usage of the same.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Pumpkin Seeds Market 2017-2021
Technavio recognizes the following companies as the key players in the global pumpkin seeds market: Conagra Brands, PepsiCo, Qiaqia food, and Rizhao Golden Nut Group.
Other Prominent Vendors in the market are: Pumpkin Seeds India, Seeds for Africa, SHANDONG JINSHENG CEREALS & OILS GROUP, True Elements, AKS-NEV, GIANT Snacks, Howard Dill Enterprises, Meridian Foods, Nature's Harvest & GeniusCentral, and PRANA.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing availability through online retailers. With the growth of e-commerce businesses worldwide, the vendors have the potential to enhance their profitability; e-commerce accounts for nearly 12% of the world’s retail trade. Online and e-commerce channels support both business-to-business (B2B) and business-to-consumer (B2C) operations.”
According to the report, one of the major drivers for this market is health benefits of pumpkin seeds. Pumpkin seeds are one of the most popular superfoods in the global market. Pumpkin seeds are rich in fiber, magnesium, potassium, zinc, and other essential proteins. They are also a source of antioxidants as they contain multiple forms of Vitamin E as well as phenolic acids, caffeic acid, hydroxybenzoic acid, ferulic acid, courmaric acid, sinapic acid, protocatechuic acid, syringic acid, and vanillic acid.
Further, the report states that one of the major factors hindering the growth of this market is intense competition from other superfood products like quinoa- and hemp-based food products. The market is experiencing decelerating growth as pumpkin seeds still fall in the niche category in the global health and wellness food market. Thus, with the increase in penetration of these superfoods in the market, there will be a slight decrease in the year-over-year growth. Though the demand is increasing, the growth will slow down during the forecast period. Pumpkin seed products are mostly promoted for their health benefits.
Conagra Brands, PepsiCo, Qiaqia food, Rizhao Golden Nut Group, Pumpkin Seeds India, Seeds for Africa, SHANDONG JINSHENG CEREALS & OILS GROUP, True Elements, AKS-NEV, GIANT Snacks, Howard Dill Enterprises, Meridian Foods, Nature's Harvest & GeniusCentral, and PRANA.
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