Pumpkin Seeds Market Size to Grow by $ 631.11 Million During 2020-2024
Technavio has been monitoring the pumpkin seeds market and it is expected to grow by $ 631.11 million, accelerating at a CAGR of almost 13% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Pumpkin Seeds Market: APAC to lead market growth during the forecast period
- 42% of the market growth will originate from APAC during the forecast period.
- Increasing availability through online retailers will be a key trend that will influence market growth significantly.
- Health benefits of pumpkin seeds will be a significant factor in driving the growth of the pumpkin seeds market.
Pumpkin Seeds Market: Key Competitors
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AKS-NEV Ltd., B&G Foods Inc., Campbell Soup Co., Giant Snacks Inc., The Kraft Heinz Co., McCormick & Co. Inc., Nestle SA, PepsiCo Inc., PRANA, and Rizhao Golden Nut Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Pumpkin Seeds Market: Key Highlights of the Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive pumpkin seeds market growth during the next five years
- Precise estimation of the pumpkin seeds market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the pumpkin seeds market industry across APAC, Europe, North America, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of pumpkin seeds market vendors
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of almost 13%.
- What is the incremental growth of the market?
The market is expected to grow by $ 631.11 mn through 2020-2024.
- What is a key factor driving this market?
Health benefits of pumpkin seeds will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
42% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are AKS-NEV Ltd., B&G Foods Inc., Campbell Soup Co., Giant Snacks Inc., The Kraft Heinz Co., McCormick & Co. Inc., Nestle SA, PepsiCo Inc., PRANA, and Rizhao Golden Nut Group
- What are the market segments covered in this report?
The market is segmented by End-user (Food, Seed oil production, and Nutraceuticals) and Geography (APAC, Europe, North America, South America, and MEA)