According to a research report published by Spherical Insights and Consulting, The Global Pumpkin Seed Oil Market Size Expected to Grow from USD 1.03 Billion in 2023 to USD 2.73 Billion by 2033, at a CAGR of 10.24% during the forecast period 2023-2033.

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The oil squeezed out from pumpkin seeds is deep green in color and has a high content of free fatty acids. Cucurbita maxima is the scientific name of pumpkin, which belongs in the family Cucurbitaceae generally found in tropical climates and is of comparatively high economic importance. Pumpkin seed oil contains vitamins, minerals, and fatty acids, which can be beneficial for healthy hair growth. Indeed, linoleic acid, one such omega-6 fatty acid that links arguably to improved blood sugar regulation and better heart health, is particularly abundant in pumpkin seed oil. Pumpkin seed oil is also a rich source of antioxidant compounds such as carotenoids and polyphenols that promote healthy development and ward off chronic disease and inflammation. However, pumpkin seed price volatility, mostly tied to seasonal variations and farming problems, significantly constrains the market. As a result, the price of pumpkin seed oil may not remain stable and can make this commodity less affordable or unavailable to consumers. The increasingly strict government regulations may pose possible impediments to the consumption and therefore to the sales and demand of pumpkin seed oil all over the world owing to supply chain disruption resulting from unprecedented changes in consumer behavior. 

Browse key industry insights spread across 265 pages with 110 Market data tables and figures & charts from the report on the Global Pumpkin Seed Oil Market Size, Share, and COVID-19 Impact Analysis, By Type (Cold-Pressed, Traditional/Processed, and Others), By Application (Food, Cosmetics, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) and Forecast to 2033.

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The cold-pressed pumpkin seed oil segment is expected to boost the market growth during the forecast period.

Based on type, the pumpkin seed oil market is classified into cold-pressed, traditional/processed, and others. Among these, the cold-pressed pumpkin seed oil is expected to boost the market during the forecast period. Segmental growth due to extracting oil Cold pressing is one of the oldest methods of extraction, not a single chemical, heating, refining, or solvent extraction procedure. The benefit of cold pressing is that it minimizes the rupture of bioactives in beneficial oils such as phytosterols, tools, fatty acids, vitamins, carotenoids, etc. The organoleptic properties alone make these oils tastier. Cold-pressed oils produced from seeds of different types of pumpkins (Cucurbita) have recently made their entry into the markets as a novelty in trade.  

The food segment accounted for the largest share of the market over the forecast period.

Based on application, the pumpkin seed oil market is classified into food, cosmetics, and others. Among these, the food segment accounted for the largest share of the market over the forecast period. The growth is being attributed to pumpkin seed oil evaluation as used as nutty in flavor and widely used as finishing oil to improve salads, soups, and desserts. It is very high in those fatty acids, antioxidants, vitamins, and minerals; these oil consumers are health-consumed people willing to take healthful items within their meals into consideration. This increase in demand for pumpkin seed oil results from the prompt shift toward plant-based and functional foods in the food industry.

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Europe is projected to hold the largest share of the global pumpkin seed oil market over the forecast period.

Europe is projected to hold the largest share of the global pumpkin seed oil market over the forecast period. Historical legacy of pumpkin cultivation and oil production in the region, especially in Austria and Slovenia, the market for European pumpkin seed oils has been very strong. Highly-qualified standards and reputations will already convince consumers of natural, organic, and gourmet food products that pumpkin seed oil from Europe is one hot item.

Asia Pacific is expected to grow at the fastest CAGR  of the global pumpkin seed oil market during the forecast period. In the present trend of health and well-being, customers have started looking for nutrient-rich oils such as pumpkin seed oil to add to their diets and skincare regimes. Besides, a growing vegan and plant-based culinary movement in the region has been seeing an increase in demand for alternative oils. Pumpkin seed oil is now widely available to consumers due to the rising emergence of e-commerce and specialty health food stores.

Major vendors in the global pumpkin seed oil market are AOS Products Private Limited, Aadhunik Ayurveda, Silverline Chemicals, Estyria’s, Life-flo, Bio Planete, Franks Naturprodukte, Piping Rock, Mountain Rose Herbs, HealthAid, Now Foods, Holland & Barrett, Spring Valley, Tradin Organic Agricultural B.V., Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global pumpkin seed oil market based on the below-mentioned segments:

 Global Pumpkin seed oil Market, By Type

• Cold pressed
• Traditional/processed
• Others

Global Pumpkin seed oil Market, By Application

• Food
• Cosmetic
• Others

Global Pumpkin seed oil Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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