Market Definition
Quinoa Seeds are superfoods consumed by several people worldwide owing to their richness in amino acids, trace elements, & vitamins. These seeds are popular among vegetarians for their protein content, which is higher than maize, rice, wheat, & oats. The surging health consciousness among people and their mounting focus on enhancing muscles, bones, & skin are the most notable reasons behind the growing production & sales of quinoa seeds globally.
Market Insights
The Global Quinoa Seeds Market is projected to grow at a CAGR of around 10.8% during the forecast period, i.e., 2022-27. The growth of the market is projected to be driven mainly on account of the growing awareness among people about the easy availability & health benefits of superfoods like quinoa seeds, coupled with their high nutritional value, i.e., much more than wheat, rice, grains, etc.
Quinoa seeds are rich in protein and an excellent alternative to animal-based protein, owing to which they are gaining swift momentum among vegetarians. Moreover, their richness in Vitamin B, calcium, magnesium, iron, & potassium, among others, while offering greater enhancements to muscles, bones, and skin, is also promoting their demand globally.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 10.8% |
| Regions Covered | North America: The US, Canada, Mexico, Rest of North America |
| South America: Brazil, Argentina, Bolivia, Peru, Rest of South America | |
| Europe: Germany, The UK, France, Italy, Spain, Russia, Rest of Europe | |
| Asia-Pacific: China, Japan, India, Rest of Asia Pacific | |
| Middle East & Africa: South Africa, Rest of Middle East and Africa | |
| Key Companies Profiled | Adaptive Seeds, Alter Eco, Andean Naturals Inc. (Ardent Mills), Arrowhead Mills Inc., Big Oz, Hancock, Heritage Harvest Seed, Highland Farm, Irupana Andean Organic Food S.A, Northern Quinoa, Others |
| Unit Denominations | USD Million/Billion |
Alongside almonds, apples, yogurts, & raisins, among others, people nowadays have started adding quinoa seeds to their breakfast diets. While the health benefits of these seeds remain the most prominent factor behind their growing demand, increasing consumer awareness and inclination toward organic food & clean production is also aiding in the expansion of the global market.
Factors like blood regulation, supply of antioxidants, gluten-free nature, etc., are other health benefits exhibited by quinoa seeds, i.e., making this superfood experience a mounting demand among people of all age groups. Furthermore, a shift toward tasty & trends food is also attracting a massive consumer base for quinoa seeds, as people are adding them to soups & deserts as a thickening agent to enhance the overall taste of the food.
Nonetheless, changing living standards & hectic schedules of people with minimum or no time for food preparation and their greater focus on healthy food are also promoting the growth of the Global Quinoa Seeds Market. Lastly, the increasing prevalence of digestion problems, constipation, and obesity is also accelerating the consumption of quinoa seeds globally, owing to their proven effects on treating such health issues.
Market Segmentation
Based on the Application:
Of all, the food & beverage sector is more likely to dominate the Global Quinoa Seeds Market with the largest share during 2022-27. It owes principally to the increasing consumer focus on adding superfoods like quinoa seeds to their diet, owing to their numerous health benefits that aid in attaining nutritional value. Moreover, several chefs across different corners of the world have mastered adding quinoa seeds to multiple food & beverages with exceptional taste. It is another prominent aspect aiding in expanding the consumer base for these seeds and, in turn, driving the Global Quinoa Seeds Market across the food & beverage industry.
On the other hand, the personal care sector is anticipated to contribute significantly to the overall expansion of the quinoa seeds market through 2027, principally due to the growing utilization of these seeds in various skin & hair care products to attain their nutritional benefits. Besides, as these seeds are rich in vitamin B, they are utilized popularly to brighten the skin tone & enhance texture. Many manufacturers of personal care products use these seeds in skin-rejuvenating creams & serums that help reduce wrinkles, spots, & scars and protect the skin from harmful UV rays & dust particles. Hence, these factors indicate remunerative prospects for the Global Quinoa Seeds Market across the personal care industry in the years to come.
Based on the Category:
Here, the organic quinoa seeds are anticipated to attain the largest market share during the forecast period, primarily due to the growing inclination of people toward organic products for healthy living, i.e., instigating food manufacturers to eliminate the use of any chemical fertilizer or pesticide, coloring, or any artificial agent in the production & processing of these seeds.
Besides, since organic quinoa seeds are unrefined and exhibit whole-grain properties, their demand is rapidly escalating owing to their higher nutritional value & antioxidant properties. As a result, these aspects and other benefits like high fiber content that promote regular bowel movements & weight balance are stimulating the demand for organic quinoa seeds and propelling the overall market growth.
Regional Landscape
On the geographical front, the Global Quinoa Seeds Market expands across:
Among all regions globally, South America is anticipated to dominate the Quinoa Seeds Market with the largest share during 2022-27. It owes principally to the massive production of quinoa seeds across countries like Bolivia & Peru. Besides, as more and more people are becoming health-conscious and showing a greater inclination toward organic produce, the demand for the organic cultivation of quinoa seeds is further escalating across the region and demonstrating high-profit margins. Moreover, the easy availability of raw materials required for the production of quinoa seeds is another aspect stimulating the regional market growth.
Followed by South America, Europe is projected to exemplify substantial market growth through 2027, mainly on account of the high living standards of people and their mounting preferences toward consuming a healthy diet, i.e., augmenting the demand for quinoa seeds across the region. In addition, the growing popularity of superfoods exhibiting high nutritional value & low-calorie content is another notable aspect fueling the regional market expansion across different European countries, popularly among the working population with minimal or no time for food preparation. Moreover, the massive cultivation of quinoa seeds across the region owing to the favorable climate conditions and the availability of advanced technologies further project remunerative prospects for the Europe Quinoa Seeds Market in the years ahead.
Key Questions Answered in the Market Research Report:
Frequently Asked Questions
A. The Global Quinoa Seeds Market is projected to grow at a CAGR of around 10.8% during 2022-27.
A. Increasing health consciousness among people and their mounting inclination toward organically produced products are the prime aspects projected to accelerate Global Quinoa Seeds Market through 2027.
A. The food & beverage sector is anticipated to emerge as an area of remunerative opportunities for the leading players in the Global Quinoa Seeds Market over the forecast years.
