Global Butternut Squash Market Size To Worth USD 5.10 Billion By 2033 | CAGR OF 6.18%
Category: Food & BeveragesGlobal Butternut Squash Market Size To Worth USD 5.10 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Butternut Squash Market Size is to Grow from USD 2.8 Billion in 2023 to USD 5.10 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 6.18% during the projected period.
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Browse key industry insights spread across 209 pages with 110 Market data tables and figures & charts from the report on the "Global Butternut Squash Market Size, Share, and COVID-19 Impact Analysis, By Type (Fresh Form, Frozen Form, and Pure Form), By Application (Online Retailers and Offline Retailers), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033."Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/butternut-squash-market
Butternut squash is a well-liked and adaptable winter vegetable, it has a vibrant orange color and a sweet, nutty flavor. It's the traditional winter squash, used in soups, stews, casseroles, and curries, as well as sweet and delicious baked products like pies, cakes, and muffins. Butternut squash is a medium-sized winter squash that usually weighs three to five pounds. It belongs to the same genus as Cucurbita moschata, which is also the producer of crookneck squash, Dickinson pumpkins, and fairytale pumpkins. In Massachusetts, it began as a cross between the Hubbard and the Canadian crookneck squash. Among its many nutritional benefits, butternut squash is abundant in fiber, manganese, magnesium, potassium, and vitamin C. Furthermore, the nutritional benefits of butternut squash have a big impact on market demand. It is utilized as a vegetable in various meal preparations since it is a good source of fiber, vitamins, minerals, and other essential ingredients. Butternut squash is high in vitamins A and C, which promote healthy skin and bolster the immune system. Furthermore, dietary fiber supports overall digestive health and aids in satiety, which helps with weight control. Because of its low fat and calorie content, it is becoming a popular food ingredient among people searching for nutrients and low-fat and low-calorie alternatives. When combined, these characteristics make butternut squash stand out as a valued ingredient and align it with the expanding consumer trend of health consciousness, which significantly propels the growth of the global butternut squash market. However, the market demand for butternut squash is severely limited by its seasonality. Butternut squash is mainly accessible in the fall and winter due to its limited availability during the summer.
The fresh-form segment is anticipated to hold the greatest share of the global butternut squash market during the projected timeframe.
Based on the type, the global butternut squash market is divided into fresh form, frozen form, and pure form. Among these, the fresh form segment is anticipated to hold the greatest share of the global butternut squash market during the projected timeframe. Fresh butternut squash on its whole is typically sold raw and with its skin still on. Winter squash is becoming more and more popular since people might peel, chop, and prepare it whatever they choose. The puree form is expected to concurrently expand at the fastest rate during the expected timeframe. The fact that this processed form of butternut squash can be used to make a wide range of culinary dishes, such as baked products, soups, sauces, and baby food, has increased its demand.
The online retailer segment is estimated to hold the largest revenue share in the global butternut squash market during the projected timeframe.
Based on the application, the global butternut squash market is divided into online retail and offline retail. Among these, the online retailer segment is estimated to hold the largest revenue share in the global butternut squash market during the projected timeframe. Butternut squash has been more and more popular in online stores over the past few years. With the growth of e-commerce, consumers are increasingly seeking the convenience of purchasing fresh food online. This tendency is particularly relevant to butternut squash because of how versatile and frequently used it is as a component in a variety of meals.
North America is expected to hold the largest share of the global butternut squash market over the forecast period.
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North America is expected to hold the largest share of the global butternut squash market over the forecast period. Throughout North America's dry and rainy seasons, butternut squash is cultivated, especially in the US and Mexico. Due to increased consumption of the product and growing awareness of its health benefits, butternut squash is experiencing growth in both market size and demand in North America.
Asia Pacific is predicted to grow at the fastest pace in the global butternut squash market during the projected timeframe. Demand for butternut squash is expected to expand as a result of rising customer demand for nutrient-dense, natural foods as well as population development in markets like China and India. Over the projected period, Asia Pacific is expected to rapidly grow its market share as well.
Major vendors in the Global Butternut Squash Market include JDM Food Group, ALDI, Mackenzie, Stonehill Produce, Harris Seeds, Mackenzie, Rana Meals Solutions, Sakata Vegetables, Tozer Seeds Ltd., Seminis Vegetable Seeds, Monsanto Company, West Coast Seeds, Bejo Seeds, Enza Zaden, HM Clause Takii Seed, Nunhems (BASF), and others
Recent Developments
- In January 2020, the well-known American pizza brand Papa John's introduced the butternut squash pizza foundation. The basis was created specifically for those who would rather eat gluten-free cuisine.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Butternut Squash Market based on the below-mentioned segments:
Global Butternut Squash Market, By Type
- Fresh Form
- Frozen Form
- Pure Form
Global Butternut Squash Market, By Application
- Online Retailers
- Offline Retailers
Global Butternut Squash Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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