Processed pumpkin market in US to grow by USD 368.9 million from 2022 to 2027 | Growth driven by Health Benefits of Pumpkin - Technavio

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Aug 03, 2023, 13:45 ET

NEW YORK, Aug. 3, 2023 /PRNewswire/ --The processed pumpkin market in the US is set to grow by USD 368.9 million from 2022 to 2027. However, the growth momentum will progress at a CAGR of 6.32% during the forecast period, according to Technavio. The processed pumpkin market in us is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Aldi Group, Amazon.com Inc., Dohler GmbH, Farmers Market Foods Inc., Ingredion Inc., Kroger Co., Libbys Brand Holding, McCormick and Co. Inc., Natures Vitality Farms, Nestle SA, nubeleaf, PepsiCo Inc., Plum Organics PBC, Seawind International, Target Corp., The Great American Spice Co., Walmart Inc., Whole Life Pet Products, Woodland Foods Ltd., and Z Natural Foods LLC are some of the major market participants -. To know about the vendor offerings - Request a sample report

Technavio has announced its latest market research report titled Processed Pumpkin Market in US 2023-2027

Processed Pumpkin Market in US 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The processed pumpkin market in the US report covers the following areas:

The processed pumpkin market in US is fragmented, and the degree of fragmentation will accelerate. The health benefits of pumpkin will offer immense growth opportunities. However, the Intense competition from other superfood products like quinoa- and hemp-based food products will hamper the market growth.

Processed Pumpkin Market in US 2023-2027: Drivers & Challenges

The health benefits of pumpkin drives market growth of processed pumpkin in the US. Pumpkin is one of the most popular superfoods as they are rich in fiber, potassium, magnesium, zinc, and other essential proteins. Furthermore, they are major sources of antioxidants as they contain multiple forms of Vitamin E as well as phenolic acids, caffeic acid, hydroxybenzoic acid, coumaric acid, ferulic acid, sinapic acid, protocatechuic acid, syringic acid, vanillic acid. Additionally, they have high magnesium content. Magnesium plays a vital role in the body's enzymatic reactions. Hence, such health benefits drive the growth of the processed pumpkin market in the US during the forecast period.

Intense competition from other superfood products like quinoa- and hemp-based food products challenge the growth of the processed pumpkin market in US. The decline in the market can be attributed to processed pumpkin products still falling in the niche category in the health and wellness food market. Furthermore, with the rising penetration of these superfoods in the market, there will be a slight decrease in year-over-year (YoY) growth. Hence, such challenges impede the market growth of processed pumpkins in the US during the forecast period.

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Processed Pumpkin Market in US 2023-2027: Segment Analysis

Product

Dried
Puree
Concentrates

Application

Bakery
Beverages
Desserts
Others

Processed Pumpkin Market in the US 2023-2027: Segmentation Highlights

The dried segment will be significant during the forecast period. They are also known as dehydrated pumpkins. Dried processed pumpkins are made by the process in which the pumpkin is first processed in a puree or pulp, and then using dehydration, moisture is extracted, which results in the product being a dry, lightweight powder that can be rehydrated or added directly to recipes. They are used instead of fresh pumpkins in recipes such as pumpkin bread, pumpkin muffins, and pumpkin pancakes. Furthermore, dried pumpkin powder has a longer shelf life compared to fresh pumpkins, making it ideal for storage and transportation. This reduces spoilage and food waste. Hence, such factors drive segment growth during the forecast period.

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share, among others Buy the Report

Processed Pumpkin Market in US 2023-2027: Key Highlights

CAGR of the market during the forecast period 2023-2027
Detailed information on factors that will assist the processed pumpkin market in us growth during the next five years
Estimation of the processed pumpkin market in US size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the processed pumpkin market in us across US
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of the processed pumpkin market in US vendors

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Processed Pumpkin Market Scope in US
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 6.32%
Market growth 2023-2027	USD 368.9 million
Market structure	Fragmented
YoY growth 2022-2023 (%)	6.0
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Aldi Group, Amazon.com Inc., Dohler GmbH, Farmers Market Foods Inc., Ingredion Inc., Kroger Co., Libbys Brand Holding, McCormick and Co. Inc., Natures Vitality Farms, Nestle SA, nubeleaf, PepsiCo Inc., Plum Organics PBC, Seawind International, Target Corp., The Great American Spice Co., Walmart Inc., Whole Life Pet Products, Woodland Foods Ltd., and Z Natural Foods LLC
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Country Market Characteristics
Exhibit 04: Executive Summary – Chart on Market Segmentation by Product
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 09: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 10: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Processed pumpkin market in US 2017 - 2021

Exhibit 15: Historic Market Size – Data Table on processed pumpkin market in US 2017 - 2021 ($ million)

4.2 Product Segment Analysis 2017 - 2021

Exhibit 16: Historic Market Size – Product Segment 2017 - 2021 ($ million)

4.3 Application Segment Analysis 2017 - 2021

Exhibit 17: Historic Market Size – Application Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments

Exhibit 25: Chart on Product - Market share 2022-2027 (%)
Exhibit 26: Data Table on Product - Market share 2022-2027 (%)

6.2 Comparison by Product

Exhibit 27: Chart on Comparison by Product
Exhibit 28: Data Table on Comparison by Product

6.3 Dried - Market size and forecast 2022-2027

Exhibit 29: Chart on Dried - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Dried - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Dried - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Dried - Year-over-year growth 2022-2027 (%)

6.4 Puree - Market size and forecast 2022-2027

Exhibit 33: Chart on Puree - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Puree - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Puree - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Puree - Year-over-year growth 2022-2027 (%)

6.5 Concentrates - Market size and forecast 2022-2027

Exhibit 37: Chart on Concentrates - Market size and forecast 2022-2027 ($ million)
Exhibit 38: Data Table on Concentrates - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Chart on Concentrates - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Concentrates - Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by Product

Exhibit 41: Market opportunity by Product ($ million)
Exhibit 42: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Application

7.1 Market segments

Exhibit 43: Chart on Application - Market share 2022-2027 (%)
Exhibit 44: Data Table on Application - Market share 2022-2027 (%)

7.2 Comparison by Application

Exhibit 45: Chart on Comparison by Application
Exhibit 46: Data Table on Comparison by Application

7.3 Bakery - Market size and forecast 2022-2027

Exhibit 47: Chart on Bakery - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Bakery - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Bakery - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Bakery - Year-over-year growth 2022-2027 (%)

7.4 Beverages - Market size and forecast 2022-2027

Exhibit 51: Chart on Beverages - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Beverages - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Beverages - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Beverages - Year-over-year growth 2022-2027 (%)

7.5 Desserts - Market size and forecast 2022-2027

Exhibit 55: Chart on Desserts - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Desserts - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Desserts - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Desserts - Year-over-year growth 2022-2027 (%)

7.6 Others - Market size and forecast 2022-2027

Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

7.7 Market opportunity by Application

Exhibit 63: Market opportunity by Application ($ million)
Exhibit 64: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

Exhibit 66: Impact of drivers and challenges in 2022 and 2027

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

Exhibit 67: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption

Exhibit 68: Overview on factors of disruption

10.4 Industry risks

Exhibit 69: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered

Exhibit 70: Vendors covered

11.2 Market positioning of vendors

Exhibit 71: Matrix on vendor position and classification

11.3 Amazon.com Inc.

Exhibit 72: Amazon.com Inc. - Overview
Exhibit 73: Amazon.com Inc. - Business segments
Exhibit 74: Amazon.com Inc. - Key news
Exhibit 75: Amazon.com Inc. - Key offerings
Exhibit 76: Amazon.com Inc. - Segment focus

11.4 Dohler GmbH

Exhibit 77: Dohler GmbH - Overview
Exhibit 78: Dohler GmbH - Product / Service
Exhibit 79: Dohler GmbH - Key offerings

11.5 Farmers Market Foods Inc.

Exhibit 80: Farmers Market Foods Inc. - Overview
Exhibit 81: Farmers Market Foods Inc. - Product / Service
Exhibit 82: Farmers Market Foods Inc. - Key offerings

11.6 Ingredion Inc.

Exhibit 83: Ingredion Inc. - Overview
Exhibit 84: Ingredion Inc. - Business segments
Exhibit 85: Ingredion Inc. - Key news
Exhibit 86: Ingredion Inc. - Key offerings
Exhibit 87: Ingredion Inc. - Segment focus

11.7 Kroger Co.

Exhibit 88: Kroger Co. - Overview
Exhibit 89: Kroger Co. - Product / Service
Exhibit 90: Kroger Co. - Key news
Exhibit 91: Kroger Co. - Key offerings

11.8 Libbys Brand Holding

Exhibit 92: Libbys Brand Holding - Overview
Exhibit 93: Libbys Brand Holding - Product / Service
Exhibit 94: Libbys Brand Holding - Key offerings

11.9 McCormick and Co. Inc.

Exhibit 95: McCormick and Co. Inc. - Overview
Exhibit 96: McCormick and Co. Inc. - Business segments
Exhibit 97: McCormick and Co. Inc. - Key offerings
Exhibit 98: McCormick and Co. Inc. - Segment focus

11.10 nubeleaf

Exhibit 99: nubeleaf - Overview
Exhibit 100: nubeleaf - Product / Service
Exhibit 101: nubeleaf - Key offerings

11.11 PepsiCo Inc.

Exhibit 102: PepsiCo Inc. - Overview
Exhibit 103: PepsiCo Inc. - Business segments
Exhibit 104: PepsiCo Inc. - Key news
Exhibit 105: PepsiCo Inc. - Key offerings
Exhibit 106: PepsiCo Inc. - Segment focus

11.12 Seawind International

Exhibit 107: Seawind International - Overview
Exhibit 108: Seawind International - Product / Service
Exhibit 109: Seawind International - Key offerings

11.13 Target Corp.

Exhibit 110: Target Corp. - Overview
Exhibit 111: Target Corp. - Product / Service
Exhibit 112: Target Corp. - Key offerings

11.14 The Great American Spice Co.

Exhibit 113: The Great American Spice Co. - Overview
Exhibit 114: The Great American Spice Co. - Product / Service
Exhibit 115: The Great American Spice Co. - Key offerings

11.15 Walmart Inc.

Exhibit 116: Walmart Inc. - Overview
Exhibit 117: Walmart Inc. - Business segments
Exhibit 118: Walmart Inc. - Key offerings
Exhibit 119: Walmart Inc. - Segment focus

11.16 Woodland Foods Ltd.

Exhibit 120: Woodland Foods Ltd. - Overview
Exhibit 121: Woodland Foods Ltd. - Product / Service
Exhibit 122: Woodland Foods Ltd. - Key offerings

11.17 Z Natural Foods LLC

Exhibit 123: Z Natural Foods LLC - Overview
Exhibit 124: Z Natural Foods LLC - Product / Service
Exhibit 125: Z Natural Foods LLC - Key offerings

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

Exhibit 126: Inclusions checklist
Exhibit 127: Exclusions checklist

12.3 Currency conversion rates for US$

Exhibit 128: Currency conversion rates for US$

12.4 Research methodology

Exhibit 129: Research methodology
Exhibit 130: Validation techniques employed for market sizing
Exhibit 131: Information sources

12.5 List of abbreviations

Exhibit 132: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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