Seed Cracker Market Forecast $5.07 Billion By 2032, CAGR: 5.3%

Seed Cracker Market Size Worth $ 5.07 Billion By 2032 | CAGR: 5.3%


The global seed cracker market size is expected to reach USD 5.07 billion by 2032, according to a new study by Polaris Market Research. The report “Seed Cracker Market Share, Size, Trends, Industry Analysis Report, By Source (Sunflower Seeds, Pumpkin Seeds, Sesame Seeds, Flaxseeds, and Chia Seeds); By Sales Channel; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rapid increase in the prevalence of gluten intolerance and food allergies that led to increased demand for gluten-free and allergen-free snacks, coupled with the rising popularity of vegan and plant-based diets and an increasing number of consumers looking to align with dietary preferences, are among the prominent factors propelling the global market growth.

In addition, manufacturers worldwide are continuously introducing new and exciting flavors with improved and appealing characteristics to keep their consumers engaged and interested in their products, coupled with the growing consumer interest in sustainable and eco-friendly products, which is likely to open up new growth avenues for the market in the near future.  

  • For instance, in July 2023, Simple Mills, introduced its new Cheddar Pop Mmms Veggie Flour Baked Snack Crackers, that is mainly created for kids ages 6 to 12 and are cheese fanatics. It is a type of flavor-packed popped cheese cracker that parents should consider purchasing.  

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In recent years, there has been significant prevalence for the incorporation of advanced machinery and processing equipment that have streamlined the overall production of seed crackers along with the rising number of innovations in extrusion and baking technologies that are anticipated to have enabled manufacturers to produce consistent and high-quality crackers at a larger scale that traditional techniques and technologies.

Furthermore, the exponential growth of e-commerce platforms and rising proliferation among individuals towards online shopping provides a lucrative opportunity to reach a broader audience, including consumers who may not have access to traditional retail stores and locations where supermarkets and hypermarkets are not easily accessible. Thereby, building a strong online presence and distribution network is gaining as a major growth and expansion among companies operating in the global market.

  • For instance, according to a report by Forbes, about 20.8% of total retail purchases are projected to take place online in 2023, and the percentage is expected to increase to 24% of total purchases by 2023.

Seed Cracker Market Report Highlights

  • The Flaxseeds segment accounted for the notable market share, mainly due to its growing adoption as a rich source of nutritional components like Omega-3 fatty acids and lignans.
  • The E-commerce segment will grow rapidly on account of rising smartphone penetration and new online commerce portals.
  • North America dominated the global market with a substantial share, owing to the increasing health-conscious consumer population and preference for nutritious food products.
  • The key market players include Mary’s Gone Crackers, Patagonia Provisions, Primal Kitchen, Rude Health, Seeds of Change, Siete Foods, Simple Mills, and Banza.

Polaris Market Research has segmented the seed cracker market report based on source, sales channel, and region:

Seed Cracker, Source Outlook (Revenue - USD Billion, 2023 - 2032)

  • Sunflower Seeds
  • Pumpkin Seeds
  • Sesame Seeds
  • Flaxseeds
  • Chia Seeds

Seed Cracker, Sales Channel Outlook (Revenue - USD Billion, 2023 - 2032)

  • Supermarkets & Hypermarkets
  • Independent Retailers
  • Convenience Stores
  • E-commerce

Seed Cracker, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Seed Cracker Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 3.36 billion

Revenue forecast in 2032

USD 5.07 billion

CAGR

5.3% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments covered

By Source, By Sales Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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