Global Pomegranate Seed Market, Size, Trends, By Nutritional Content (Phenolic Compounds, Tannins, Flavonoids, Sterols, Fatty Acids, Dietary Fibers, Minerals, Vitamins), By Distribution Channel (Wholesaler, Supermarkets/Hypermarkets, Specialty Stores, Retailers, Online Retail), By End-Use Industry (Food and Beverages, Cosmetics, Pharmaceutical, Nutraceutical, Chemical) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Pomegranate Seed Market
With a CAGR of 5.97 % from 2023 to 2030, the Global Pomegranate Seed Market is expected to grow from its estimated value of US$ 0.4 Mn in 2022 to US$ 0.70 Mn by 2030.
Pomegranate is a fruit whose seeds are safe to consume and include a variety of vitamins and nutrients. People commonly consume the pomegranate fruit's arils, or seeds. Pomegranate seed oil is produced from pomegranate seeds. To soften the skin, apply this oil to it. The oil's strong vitamin C concentration and antioxidant capabilities can also halt cell ageing and hasten the healing of wounds.
Market Drivers
The nutritive value of pomegranate seeds is yet another marketing ploy. The various types of nutritional content include phenolic compounds, tannins, flavonoids, sterols, fatty acids, dietary fibres, minerals, and vitamins. Nowadays, the majority of people use pomegranate seed oil to satisfy their need for a healthy body and high nutritional value as well as to support the market's expansion.
Market Restraints
Pomegranates are not as common as other fruits since demand for them is increasing more slowly. A food item's cost to find, grow, harvest, and market increases in direct proportion to how scarce it is. The cost of the equipment is fairly high because there is a scarcity of fruit and the retail industry is expanding faster than public awareness of health hazards.
Market Segmentation
The scope of the Global Pomegranate Seed Market covers segmentation based on By Nutritional Content, By Distribution Channel, By End-Use Industry and By Region.
By Nutritional Content, the market is segmented into Phenolic Compounds, Tannins, Flavonoids, Sterols, Fatty Acids, Dietary Fibers, Minerals, Vitamins. By Distribution Channel, the market is segmented into Wholesaler, Supermarkets/Hypermarkets, Specialty Stores, Retailers, Online Retail. By End-Use Industry, the market is segmented into Individual Customers and Enterprise Customers.
Regional Analysis
The Global Pomegranate Seed Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
North America will continue to dominate the market during the length of the prediction. The United States and Canada's large-scale, highly developed food and beverage industries, rising consumer demand for pomegranates due to their nutritional value, and rising personal disposable income are the main causes of the region's supremacy.
Due to the increasing demand from rising economies like China, India, Indonesia, and others, the Asia-Pacific region would experience the greatest growth rate during the projection period. Pomegranate seed oil's huge scale demand and supply will also contribute to this region's continued expansion.
Key Players
Lemonconcentrate S.L.U, Bhooratna Agri Processors, ConnOils LLC, MAXCOR AGRO AND ALLIEDS, POM Wonderful LLC, Fyffes, PARODI NUTRA S.R.L., Ario fruit co., Orum Narin Ltd, TTMFOOD.
Market Taxonomy
By Nutritional Content
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