Pumpkin Seed Protein Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

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Overview and Scope
Pumpkin seed protein is a plant-based protein derived from pumpkin seeds through extraction and processing into a powdered form. It is rich in essential amino acids, particularly lysine, and contains nutrients such as iron, magnesium, zinc, and antioxidants. Pumpkin seed protein is commonly used as a dietary supplement to support muscle growth and repair, enhance energy levels, and promote overall health and well-being.

Sizing and Forecast
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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Segmentation & Regional Insights
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

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.

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Major Driver Impacting Market Growth
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.

Key Industry Players
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

The pumpkin seed protein market report table of contents includes:

1. Executive Summary
2. Pumpkin Seed Protein Market Characteristics
3. Pumpkin Seed Protein Market Trends And Strategies
4. Pumpkin Seed Protein Market – Macro Economic Scenario
5. Global Pumpkin Seed Protein Market Size and Growth
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32. Global Pumpkin Seed Protein Market Competitive Benchmarking
33. Global Pumpkin Seed Protein Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pumpkin Seed Protein Market
35. Pumpkin Seed Protein Market Future Outlook and Potential Analysis
36. Appendix

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