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Pumpkin Seed Protein Market Outlook from (2023 to 2033)

The global Pumpkin Seed Protein market is expected to reach a market valuation of US$ 1,311 million by 2023, recording a CAGR of 4.6% from 2023 to 2033.

Protein from pumpkin seeds is derived from plants. It can be either raw or roasted and is generally made from pumpkin seeds. The pumpkin seeds are heated and dried to reduce moisture as the initial stage in the procedure to extract the protein (roasted). The fiber content is next removed, leaving only the proteins, after which they are pulverized (raw). Because of its excellent amino acid profile and high concentration of BCAAs, pumpkin seed protein is commonly used by athletes who want to build muscle while avoiding animal products like meat and dairy.

Pumpkin Seed Protein Market Size (2023E) US$ 1,311 million
Pumpkin Seed Protein Market Projected Size (2033F) US$ 2,056 million
Value CAGR (2023 to 2033) 4.6%
Top 3 Countries Marketing Share 64.1%

The oil from pumpkin seeds is known to have many positive health effects and to treat a variety of bodily ailments, including depression and problems with the prostate and bladder. Pumpkin seeds provide a solution to the hectic lifestyles that customers now lead at work.

In our new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights into key factors driving demand for Pumpkin Seed Protein.

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How Has the Market Progressed So Far in 2022?

Market Statistics Details
Jan–Jun (H1), 2021 (A) 4.8%
Jul–Dec (H2), 2021 (A) 4.7%
Jan–Jun (H1),2022 Projected (P) 4.2%
Jan–Jun (H1),2022 Outlook (O) 4.4%
Jul–Dec (H2), 2022 Projected (P) 4.9%
Jul–Dec (H2), 2022 Outlook (O) 4.8%
Jan–Jun (H1), 2023 Projected (P) 5.2%

Historic v/s Future Outlook Comparison for Pumpkin Seed Protein?

The availability of numerous features like anti-inflammation, skin smoothening, anti-oxidant, and high-nutrient content are some of the factors driving the demand for pumpkin seeds on the global market. Importantly, the high protein content of pumpkin seeds has led to a rise in demand for these goods, particularly among consumers who are interested in leading healthy lifestyles. Pumpkin seeds have an alkalizing tendency in addition to being high in protein. Natural chlorophyll is abundant in the raw green pumpkin seeds. Over the forecast period, a wide range of industries, including those in the culinary, medical, and cosmetic sectors, are anticipated to drive demand for pumpkin seeds.

Nandini Roy Choudhury
Nandini Roy Choudhury

Principal Consultant

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Opinion of WHO

Consuming pumpkin seeds is a wonderful method to get zinc and a range of other nutrients, including magnesium, manganese, copper, and proteins, according to the World Health Organization. Pumpkin seeds have been demonstrated to be miracle cures for heart health, immunological support, prostate health, anti-diabetic effects, and liver health, among other ailments, due to their abundance in these vital nutrients and minerals. Cosmetics also contain pumpkin seed oil. These are the elements driving the market growth for pumpkin seeds, whether they are consumed as oil, seeds, extract, or raw or roasted seeds. Another popular by-product in the markets is pumpkin seed butter.

Comparative View of Associated Market

Soy Protein Ingredient Market:

Attributes Soy Protein Ingredient Market
CAGR (2023 to 2033) 4.5%
Market Value (2023) US$ 10.4 billion
Growth Factor As soy protein is organic, it regularly replaces animal protein in foods that are sold all over the world.
Key Trend Soy protein, a component of organic foods used in food processing, is manufactured from soybean meal that has been defatted and hulled.

Plant-Based Protein Market:

Attributes Plant-Based Protein Market
CAGR (2023 to 2033) 7%
Market Value (2023) US$ 11,752 million
Growth Factor Due to rapidly shifting lifestyles and an increase in the demand for convenience foods, the market for plant-based protein is anticipated to grow more quickly. Moreover, interest in natural and organic products is growing among consumers.
Key Trend The rising popularity of vegan or vegetarian food is what is driving the demand for plant-based proteins. Plant-based proteins are likely to contain all the essential nutrients your body need in addition to amino acids.

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Country-wise Insights

How the Sales of Pumpkin Seed Protein Market Shaping in North America?

The region of North America saw a significant portion. The main market factors for pumpkin seeds protein include rising health consciousness and rising demand for high-end food and oil products. Pumpkin seeds are regarded as superfoods since they are loaded with nutrients like zinc and have numerous health advantages. Mexico is the primary supplier of pumpkins to the country, while the United States is the biggest importer of pumpkins. The top exporters to the US are Guatemala, Mexico, Canada, and New Zealand.

Why is there a Rising Demand for Pumpkin Seed Protein in Asia Pacific?

Significant growth is anticipated in the Asia-Pacific region throughout the projection period. The market demand for pumpkin seed protein and associated products is growing because of the major health benefits. Pumpkin seed flour and extract are utilized in a range of culinary preparations because of their high nutritional density and protein content. Market demand for pumpkin seeds and products made from pumpkin is increasing along with consumer desire for breads, cakes, and nutrient-dense snacks. Another significant element influencing the pumpkin seed industry is the rising demand for bio-oil manufactured from natural ingredients. Another element impacting the expansion of pumpkin seed extracts and capsules is the rising desire for natural treatments.

Category-wise Insights

Growth of the Pumpkin Seed Oil Segment

Throughout the projection period, the segment for pumpkin seed oil is anticipated to increase at the fastest rate. Burns can be treated with pumpkin seed oil, and oil capsules are used to promote regular urination. In addition to having anti-inflammatory properties, pumpkin seeds are good for regulating diabetes, sleep, heart, and liver health. As a result, the market for pumpkin seeds used as medicine is a sizable and quickly expanding sector of the economy. An increase in consumers who are concerned about their health is driving a significant market demand for roasted and spiced pumpkin seeds as a better option to snack foods.

Food and Beverages Segment

Throughout the projected period, the food and beverage industry is anticipated to increase at the fastest rate. More nutrients are present in fresh, organic, vibrant green pumpkin seeds or raw, organic, black heritage pumpkin seeds than in salted, roasted, or pesticide-treated types. Another significant element influencing the pumpkin seed industry is the rising demand for bio-oil manufactured from natural ingredients.

Mexican food, such as tacos, tortillas, salsa, chilaquiles, etc., has become increasingly popular, especially throughout North America, Europe, and the Asia-Pacific region. Moreover, pumpkin seeds are a common ingredient in many Mexican cuisines. This particular factor helps and adds to the rising demand for pumpkin seeds.

Benefits of Pumpkin Seed Powder

Because pumpkin seed protein is available in powder form, it is very practical to use it in a variety of industry sectors. In addition to fiber, essential minerals, and vitamins, pumpkin seed powder also has about 60% protein. One of the global markets with the fastest growth is the dietary supplement sector. As the trend toward fitness and health is expanding, children and adolescents are among the biggest consumers of protein-based dietary supplements. Also, the middle-aged population consumes protein to lose weight and have a healthy body.

Competitive Landscape

The Pumpkin Seed Protein market is only slightly fragmented. The major market players are concentrating on expansion tactics like mergers and acquisitions and extending their distribution networks to increase their market position. The manufacturers in the market used a variety of competitive methods, including product releases, free-from claims, and organic and natural origin claims.

Scope of the Report

Attribute Details
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis US$ million for Value and Metric Ton for Volume
Key Regions Covered North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa
Key Countries Covered United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others.
Key Segments Covered Source, Nature, End Use and Region
Key Companies Profiled

AIDP Inc.; Bioriginal Food & Science Corporation; Jarrow Formulas, Inc.; Bio Planète Ölmühle Moog GmbH; BI Nutraceuticals; Seed Oil Company; Organic Friends & Sports Gmbh; The Green Labs LLC; Omega Nutrition USA Inc.; W. Kündig & Cie AG

Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

Pumpkin Seed Protein Market by Category

By Source:

  • Organic
  • Conventional

By Nature:

  • Raw
  • Roasted

By End Use:

  • Beverages
  • Bakery
  • Dairy
  • Sports Nutrition
  • Ready-to-Eat Meals
  • Savory Snacks
  • Nutrition Bars
  • Breakfast Cereals

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Frequently Asked Questions

What is the global Pumpkin Seed Protein Market reported by FMI for 2023?

The Pumpkin Seed Protein Market is valued at US$ 1,311 million for 2023.

What is the Pumpkin Seed Protein Market valuation expected for 2033?

The Pumpkin Seed Protein Market valuation is expected to be US$ 2,056 million in the year 2023.

What is the projected CAGR for the Pumpkin Seed Protein Market from 2023 to 2033?

The value of CAGR for the Pumpkin Seed Protein Market is estimated to be 4.6%.

Which segment type will garner significant value share by 2023?

The pumpkin seed oil segment would garner a significant market value share by 2023.

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