Global Pumpkin Powder Market Forecast to 2030 - COVID-19 Impact and Analysis By Nature (Organic, and Conventional); End-User (Food and Beverage [Bakery, Confectionary & Desserts, Sauces, Salads and Dressings, Beverages, Snacks, and Others], Dietary Supplements, Cosmetic Industry, and Others); and Geography
Powder Market Overview
Pumpkin powder is a dry powder type produced from ripe pumpkins. Pumpkin powder offers several usage such as they can used as a better alternative to wheat flour in cooking or baking process. These pumpkin powder also used as natural food coloring or sweetener in drinks and other dishes which will rise the demand of pumpkin powder and likely to boost the pumpkin powder market globally during the forecast period from 2021-2030. Other benefits such as regulation of body fat and blood sugar. This is mainly useful for people with diabetes, since it stimulates insulin secretion and utilization. Additionally, it detoxifies blood and boosts immune system. Due to these nutritional benefits, it is a widely used as a natural health additive and is likely to drive the pumpkin powder market globally during the forecast period from 2021-2030. These pumpkin powders can be used as foods and beverages, which are witnessing massive increase in demand, as a food grade additives and enhancers. Additionally, these powders are also used for advanced cosmetics as- a special additive and as a pharmaceutical raw material which is likely to offer new opportunities for the pumpkin powder market globally during the forecast period from 2021-2030.
The demand and usage for pumpkin powder is also increasing across food and beverage manufacturers due to its wide application in bakery products, snacks, baby food, sauces and dressings, confectionery, and several other products. The demand for pumpkin powder in global pumpkin powder market is mainly rising across dietary supplement manufacturers and bakery industry which is likely to drive the global pumpkin powder market during the forecast period from 2021-2030. The global pumpkin powder market is rising, as there is huge opportunity for the companies in the pumpkin powder market. The rising awareness of health consciousness among the people, and also rise in demand for dietary supplements, and food products that provides additional health benefits, will rise the demand for the pumpkin powder across Asia Pacific countries and directly provide new opportunities for the pumpkin market globally during the forecast period from 2021-2030. These powders are widely used by bakery manufacturers, dietary supplements manufacturers, and others. Also, the demand for organic pumpkin powder is expected to rise in Western European and North America market due to huge increase in demand for organic food and beverages in these regions and likely to boom the pumpkin powder market during the forecast period from 2021-2030.
· Rise in demand of pumpkin powder in nutritional supplements
Pumpkin powder has richness in protein, carbohydrates, dietary fiber, carotene, vitamins, pectin, iron, magnesium, potassium, and various other ingredients that provides health benefits to people across the globe which is likely to boom the market during the forecast period from 2021-2030. Consumers are focusing towards healthy lifestyle, which has led the demand of food and food ingredients with potential health benefits. Nowadays people are becoming more strict about their diet and because of this spending on a holistic approach to health and wellness that includes almost every aspect of life is likely to boom the market during the forecast period from 2021-2030. Also, consumers are also nowadays taking part in fitness activities that improves well-being, such as using products, eating natural and organic foods, and consuming health supplements, along with following a special diet owing to which it is expected that the demand for organic pumpkin powder and is likely to boost the pumpkin market during the forecast period
· Rise in agriculture sector in the region coupled with robust domestic demand
The organic foods market here is projected to grow at a steady rate in the near future due to which the pumpkin powder market will offer new opportunities from end user. The rise agriculture sector in the region coupled with robust domestic demand wealthy middle class population is likely to drive the pumpkin powder market globally during the forecast period from 2021-2030. In 2015, approx 14% of the total fruits and vegetables sold in the US were organic. Directed from the above statistical information is the fact that there is an increased awareness and demand across American population about organic products such as pumpkin powders which will offer new opportunities for the pumpkin powder market globally during the forecast period. This results as good news for the regional pumpkin powder market as more people demand products that are good for their health and well-being.
COVID-19 Impact on Global Pumpkin Powder Market
The COVID-19 pandemic has largely impacted globally since December 2017. According to the latest World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak of the covid-19 pandemic has both advantages and disadvantages in all the sectors. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain of raw materials required for packaging, resulting in demand-supply gaps. This scenario is expected to a negative impact on the global Pumpkin Powder market.
With Corona Virus Disease 2017 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:
· Rapid shifts in top 100 companies across each sector
· Growth and decline in each sector due to COVID-19 pandemic
Global Pumpkin Powder Market Strategy
Players operating in the global pumpkin powder market are mainly focusing on the adoption of various strategies to expand their footprint across the world and taking the initiative for the development of efficient and advanced products.
· In 2017, Z Natural Foods introduced their new Organic Pumpkin Powder. It is used as an alternative to traditional flour, pumpkin powder is a powerful, nutrient-dense and convenient super food that stays fresh for multiple seasons.
The global Pumpkin Powder market report offers a complete overview of the industry including both qualitative and quantitative information. It offers a complete overview and forecast of the global Pumpkin Powder market based on various segments. It also offers market size and forecast estimation from the year 2017 to 2030 with respect to four major regions North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The global Pumpkin Powder market by each region is further sub-segmented across respective countries and segments. The global Pumpkin Powder market report covers a complete analysis and forecast across all regions along with the current trend and opportunities happening in the region.
The report analyzes aspects that are mainly affecting the global pumpkin powder market from both the demand and supply side and afterward estimates market dynamics affecting the global pumpkin powder market globally over the forecast period i.e., drivers, restraints, opportunities, and future trends. The global Pumpkin Powder market report also offers exhaustive PEST analysis for all four regions namely; North America, Europe, APAC, LAMEA after evaluating political, economic, social, and technological factors affecting the global Pumpkin Powder market in these regions. This information can help stakeholders to make appropriate decisions before investing. The global Pumpkin Powder market report also describes Porter’s five forces analysis which examines the five forces that make a company competitive while helping identify its strength and weakness. The global Pumpkin Powder market analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global Pumpkin Powder market.
Global Pumpkin Powder Market Insights
The global pumpkin powder market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, key financial information, SWOT analysis, NOISE analysis, improvement Venn diagram and strategies, recent developments such as , market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. By examining the data collected from primary and secondary methods, the global Pumpkin powder market report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. The global pumpkin powder market report also covers the investment pocket analysis for various verticals with respect to the market.
Global Pumpkin Powder Market Segmentation
Global Pumpkin Powder Market – by Nature
Global Pumpkin Powder Market – by End-User
· Food and Beverage
· Dietary Supplements
· Cosmetic Industry
Global Pumpkin Powder Market – by Geography
· North America
o Rest of Europe
· Asia-Pacific (APAC)
o South Korea
o Rest of APAC
o Latin America
o Middle East
1. AUM AGRI FREEZE FOODS
2. Abbott Blackstone
3. Cedenco Foods
4. Green Source Organics
5. Nanjing NutriHerb BioTech Co.,Ltd
6. NP Nutra
7. Nutragreenlife Biotechnology Co. Ltd
8. Seawind Foods
10. Undersun Biomedtech Corp
11. Van Drunen Farms
12. Woodland Foods
13. Xian Yuensun Biological Technology Co.,Ltd.
14. Z Natural Foods
Brand awareness is the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to global Pumpkin powder market. These strategies will help the company to make people more aware of your brand — especially by targeting relevant, high-quality audiences for global Pumpkin powder market.
Key Questions Answered
· Several players are operating in the Pumpkin powder market globally. Do you know who is leading the overall global Pumpkin powder market, and what strategies have been adopted by them?
· What are the upcoming trends in the global Pumpkin powder market? What impact would these trends make in the coming years for the global Pumpkin powder market?
Key Benefits For Stakeholders
· This study presents the analytical description of the global Pumpkin powder market analysis along with the current trends and future estimations to describe coming up investment pockets
· The complete global Pumpkin powder market opportunity is resolute by knowing profitable trends to gain a stronger foothold
· The report describes insights associated with key drivers, restraints, and opportunities of the global Pumpkin powder market with thorough impact analysis
· The current global Pumpkin powder market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability
· PEST analysis defines the potency of the consumers and suppliers in the Pumpkin powder industry
· The Porter’s five forces analysis examines the five forces that makes a company competitive while helping identify its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global Pumpkin powder market
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