The pumpkin seed protein global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Pumpkin Seed Protein Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The pumpkin seed protein market size has grown strongly in recent years. It will grow from $1.55 billion in 2023 to $1.64 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to health consciousness, demand for non-allergenic proteins, clean label trend, vegan and vegetarian trends, sustainable sourcing.
The pumpkin seed protein market size is expected to see strong growth in the next few years. It will grow to $2.08 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to growth in sports nutrition market, expansion in functional food and beverage industry, global rise in plant-based diets, increased product availability. Major trends in the forecast period include product diversification, clean label and organic, functional applications, emerging markets, collaborations and partnerships.
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Scope Of Pumpkin Seed Protein Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Pumpkin Seed Protein Market Overview
Market Drivers –
The rising health consciousness is expected to propel the growth of the pumpkin seed protein market going forward. Health consciousness refers to individuals’ awareness and concern regarding their health and well-being. It involves being mindful of one’s lifestyle choices, including diet, exercise, sleep, and stress management. The rising health consciousness is due to increased awareness of chronic diseases, a focus on personalized health, the influence of social trends, and a desire for longevity and quality of life. Pumpkin seed protein is rich in essential amino acids, minerals (such as iron, magnesium, and zinc), and antioxidants. As consumers become more health-conscious, they actively seek foods and supplements that offer nutritional benefits beyond basic sustenance. For instance, in 2023, according to an online survey among 1,022 Americans ages 18 to 80 by the International Food Information Council, a US-based nonprofit organization, around 52% of Americans reported that they followed a diet or eating pattern in the past year, from 39% in 2021 from the past years. Therefore, rising health consciousness is expected to drive the growth of the pumpkin seed protein market.
Market Trends –
Major companies operating in the pumpkin seed protein market are developing innovative products, such as protein and fiber-rich meaty products, to address the growing consumer awareness and interest in alternative proteins. These protein- products are food items that mimic the taste, texture, and nutritional profile of traditional meat-based products but are made primarily from plant-based ingredients. For instance, in March 2022, More Foods, an Israel-based start-up company, developed protein- and fiber-rich meaty products made from pumpkin and sunflower seeds. These products are not focused on replicating meat but on creating tasty ‘main-meal experiences’ by making foods that are tasty, high in protein, satisfying, and have a great bite. Additionally, high-quality protein, essential amino acids, dietary fiber, improved texture, fat reduction, and cost-effectiveness.
The pumpkin seed protein market covered in this report is segmented –
1) By Product: Pumpkin Seed Oil, Pumpkin Seed Powder, Pumpkin Seed Extracts, Other Products
2) By Source: Organic, Conventional
3) By Nature: Raw, Roasted
4) By Application: Pharmaceuticals, Food And Beverages, Animal Food And Pet Feed, Cosmetic And Personal Care, Sports, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the pumpkin seed protein market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pumpkin seed protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the pumpkin seed protein market report are Organicway LLC; Conagra Brands Inc; The SPAR Group Limited; NOW Health Group Inc.; Bob’s Red Mill Natural Foods; Jarrow Formulas; Natural World Inc.; Diamond Foods; AIDP Inc.; Jarrow Formulas, Inc; Sprout Living; BI Nutraceuticals Inc; Antonio Foods; Bioriginal Food & Science Corporation; Maxsun Industries; The Green Labs; Seed Oil Company; Organic Friends & Sports GmbH; The Green Labs LLC; W. Kündig & Cie AG; Omega Nutrition USA Inc.; Only Natural Inc; Bio Planete Ölmühle Moog GmbH
Table of Contents
1. Executive Summary
2. Pumpkin Seed Protein Market Report Structure
3. Pumpkin Seed Protein Market Trends And Strategies
4. Pumpkin Seed Protein Market – Macro Economic Scenario
5. Pumpkin Seed Protein Market Size And Growth
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27. Pumpkin Seed Protein Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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