Market Size of Fresh Pumpkin Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 2.80 % |
Fastest Growing Market | North America |
Largest Market | Asia-Pacific |
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Pumpkin Market Analysis
The fresh pumpkins market is projected to register a CAGR of 2.8% during the forecast period.
- The drivers identified in the market are increasing usage of pumpkins in restaurant dishes, increasing usage of seeds for snacking, favorable prices for growers, and increasing awareness about the nutritional value of pumpkins.
- Due to their high nutrient and mineral content, the usage of pumpkin seeds as an ingredient in salads has increased, increasing the demand for pumpkins. Farmers viewed pumpkins as a profitable opportunity, due to which the pumpkin market expanded drastically, with China dominating global pumpkin production. China has a high level of domestic output, most of which is consumed to meet its local demand. The United States is the top importer of pumpkins, with Mexico being the top exporter to the United States.
- The United States is the top importer of pumpkins, with Mexico being the top exporter to the United States. The major exporters to the United States are Mexico, Canada, New Zealand, and Guatemala. However, the strong domestic production is fluctuating imports from other countries.