The global watermelon seeds market size is expected to be valued at USD 751 million by 2025, according to a new report by Grand View Research, Inc. The market is estimated to witness a CAGR of 5.8% over the forecast period. Rising cases of obesity and related health problems including coronary heart disease due to unhealthy eating habits and sedentary lifestyle will boost the product demand. Increasing demand for organic, gluten-free, and non-GMO food products is also expected to fuel the market growth.
Watermelon
seeds have low calorie and fat content and are a rich source of proteins; thus,
are used in a number of seed-based food products, which is likely to augment
the product demand. Based on distribution channel, the market has been
segmented into offline and online. The online distribution channel is projected
to be the fastest-growing segment with a CAGR of 6.6% over the forecasted
period. Growing popularity of e-commerce platforms like Amazon is the key
factor driving the segment.
Rising
number of internet and smartphone users across the globe will also have a
positive impact on the segment growth. Asia Pacific is estimated to be the
fastest-growing market from 2019 to 2025. Rising health consciousness, consumer
disposable income, and improved standard of living are some of the key factors
responsible for increased product demand in the region. In addition, rapidly
expanding e-commerce sector in APAC will boost the product sales.
For more info visit here: https://www.grandviewresearch.com/industry-analysis/watermelon-seeds-market
Further key
findings from the study suggest:
- The raw
product type segment accounted for the largest market share in 2018 and
will expand further at a steady CAGR as raw seeds have high nutritional
value and wide application in the food industry
- Moreover,
many food manufacturers are using raw watermelon seed flour as a fat
substitute, which will drive the segment further
- Offline
distribution channel accounted for more than 75% share of the global
watermelon seeds market in 2018. Availability of a variety of products
from different brands at discounted prices will drive the segment
- In addition,
rising number of organized retailing outlets including hypermarkets,
supermarkets, etc. is expected to boost the product sales through offline
channels
- North America
is expected to lead the market over the forecast period owing to rising
vegan population and presence of several key companies in the region
Request a Sample Copy @ https://www.grandviewresearch.com/industry-analysis/watermelon-seeds-market/request/rs1
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
No comments:
Post a Comment