Market Size –
The quinoa seed market size has grown strongly in recent years. It will grow from $1.06 billion in 2023 to $1.15 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to high demand for health-oriented food products, changing consumer perception towards healthy grains, increased global demand for superfoods, government support for indigenous farmers, and a shift towards protein-rich diets.
The quinoa seeds market size is expected to see strong growth in the next few years. It will grow to $1.63 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to increasing the crop productivity of quinoa, rising demand for gluten-free food products, rising consumption of nutritious foods, increasing consumer preference for natural products, and growing health and environmental awareness. Major trends in the forecast period include expansion of cultivation areas, gluten-free alternatives, enhanced processing techniques, product diversification, and improved supply chain infrastructure.
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Scope Of Quinoa Seeds Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Quinoa Seeds Market Overview
Market Drivers –
The increasing demand for organic food products is expected to propel the growth of the quinoa seed market going forward. Organic food products are agricultural items produced without synthetic pesticides, fertilizers, genetically modified organisms (GMOs), antibiotics, or growth hormones. The demand for organic food products is due to heightened consumer awareness of their health benefits and growing concerns about environmental sustainability. Quinoa’s role in organic products is especially valued for its complete protein profile, nutrient richness, and suitability for various dietary needs, such as gluten-free, vegan, and vegetarian diets. For instance, in May 2023, according to the Organic Trade Association, a US-based business association that focuses on the organic business community, In 2022, organic beverages generated $9 billion in sales, a 4% increase, while organic coffee sales rose nearly 7% to approximately $2.3 billion. Therefore, increasing demand for organic food products is driving the growth of the quinoa seed market.
Market Trends –
Major companies operating in the quinoa seeds market are focusing on broadening their market reach by developing innovative solutions, such as quinoa products, to enhance quinoa’s nutritional profile and processing methods. Quinoa products refer to various forms of quinoa, including flakes, flour, snacks, beverages, ready-to-eat meals, and supplements, designed to offer versatile and nutritious options for diverse consumer needs. For instance, in August 2024, Kiwi Quinoa, a New Zealand-based producer of red and white quinoa, launched its award-winning quinoa products in the U.S. through the health and wellness platform One Lavi. The product range includes Kiwi White Quinoa, which is high in iron and magnesium and ideal for low-carb diets, and Kiwi Red Quinoa, known for its nutty flavor and versatility in various dishes. Both quinoa varieties are gluten-free, non-GMO, and praised for their superior taste, absence of bitterness, and rich nutritional profile, including all nine essential amino acids.
The quinoa seeds market covered in this report is segmented –
1) By Type: White, Red, Black, Other Types
2) By Certificate: Conventional, Organic, Fair Trade And Dual
3) By Distribution Channels: Offline Stores, Online Stores
4) By Application: Food And Beverages, Personal Care, Pharmaceuticals
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Regional Insights –
North America was the largest region in the quinoa seeds market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the quinoa seeds market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the quinoa seeds market are The Hain Celestial Group Inc., Ardent Mills LLC, Bob’s Red Mill Natural Foods Inc., Lundberg Family Farms Inc., Tadin LLC, Alter Eco Foods Inc., Ancient Harvest LLC, The British Quinoa Company Ltd., GoGo Quinoa, Mother Earth Products LLC, Inca Organics Pty Ltd., Nourish You Foods Private Limited, West Coast Seeds, Green Habit Foods LLC, JIWA Healthy by Nature Private Limited, Northern Quinoa Production Corporation, VKC Nuts Private Limited, Quinoa Corporation, Anthony’s Goods LLC, Brother Nature Seeds, Balkrishna Agro Products, Shri Mahavir Group
Table of Contents
1. Executive Summary
2. Quinoa Seeds Market Report Structure
3. Quinoa Seeds Market Trends And Strategies
4. Quinoa Seeds Market – Macro Economic Scenario
5. Quinoa Seeds Market Size And Growth
…..
27. Quinoa Seeds Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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