Quinoa Seeds Market Global Industry Insights, Trends, Opportunity Assessment, Regional Analysis By 2023
Quinoa Seeds Market Overview
Quinoa is a grain crop grown for its edible seeds. A new report on the global quinoa seeds market, published by Market Research Future (MRFR), predicts that this market can see growth prosperity between 2018 and 2023.
The crucial market driving factors for the global quinoa seeds market growth are its health benefits. Quinoa seeds help to alleviate blood pressure, enhance digestive health, improve metabolism, and reduce fat accumulation in the human body. Rich with calcium, iron, magnesium, potassium, and vitamin B complex, that are of great nutritional value for human body. These nutrients prevent human body from diseases including asthma and osteoporosis.
Big players in The Global Quinoa Seeds Market are Andean Naturals Inc. (USA), Andean Valley Corporation (Bolivia), The British Quinoa Company (UK), Dutch Quinoa Group BV (Netherlands), The Hain Celestial Group (USA), Inca Organics (Australia), Keen One Foods LLC (USA), Northern Quinoa Production Corporation (Canada), Quinoa Corporation (USA), and Quinoa Foods Company (Bolivia).
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The Global Quinoa Seeds Market segmentation encompasses application, category, and type. MRFR’s take on the market marks various facets of the market in-depth.
The application-based segmentation of this market covers food & beverages, personal care, pharmaceuticals, and others. During the forecast period, the food & beverage segment is being projected to gain largest market share due to the increasing use of quinoa seeds in bakery & confectionery, breakfast cereals, sweet & savory snacks, and others. Quinoa seeds have antioxidant activity and high protein content. During the forecast period, the personal care segment can have the highest growth due to significant increase in the demand for quinoa seeds in personal care industry as quinoa seeds are rich in vitamin B12 (Cobalamin) that necessary for maintaining skin complexion. It also has vitamin B3 (niacinamide) that aids in treating acne by soothing the inflamed and red areas during acne breakouts.
By type, the market has been segmented into black, red, and white. During the forecast period, the white segment can hold the largest market share as white quinoa seeds are widely available. They are used in various food items such as salads, sauces, and sweet & savory snacks.
A geographical outlining of the global quinoa seeds market covers the Asia Pacific, Europe, North America, and the Rest of the World (RoW).
North America has the major hold on the global market due to the large production of quinoa seeds. In USA and Canada, the consumption of quinoa seeds products is huge as these seeds are gluten-free. They also have low glycemic index. Hence, quinoa is used as substitute for wheat flour or rice in various food items. The increasing prevalence of gluten intolerance and celiac disease, especially in the USA is also boosting the market growth in this region. Mexico is the third-largest country-specific market in this region.
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In the Asia Pacific region and RoW segment, the market for quinoa seeds is expected to grow rapidly due to the surging production and consumption of quinoa seeds in these regions. The major country-specific markets in this region are China, India, and Japan. In this report, Australia and New Zealand have been organized as one segment. An observation of the remaining countries in the Asia Pacific region featured in this report calculates the additional market revenue from some other countries.
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