Quinoa Seeds Market Overview, Growth, Trend, Drivers, Challenges, Key Companies by 2030

 

Quinoa seeds are gluten-free and fiber-rich in nature and used as a substitute to rice or sorghum. It contains nutrients such as vitamin E, phosphorus, calcium, potassium, iron, and magnesium. Food and beverage manufacturers are developing formulations to include quinoa seeds to increase its nutrient content. The global quinoa seeds market report by Market Research Future (MRFR) covers its benefits and future applications for the period of 2022 to 2030 (forecast period).

Market Scope

The global quinoa seeds market is projected to expand at a rapid pace during the forecast period owing to the demand for low-calorie and gluten-free foods. Rising health-consciousness among the masses and the inclination towards healthy foods is likely to increase its consumption. Food manufacturers are manufacturing cereals and other consumables rich in quinoa to make it accessible to the masses. The ability of quinoa seeds for preventing the possibility of asthma and osteoporosis can positively impact the market.

The large volume of flavonoids found in quinoa seeds can fuel market growth. Flavonoids contain anti-inflammatory, anti-allergenic, and antioxidant properties. Quercetin and kaempferol are found in high quantities in quinoa seeds. Availability of the product at supermarket chains and promotional activities for promoting its benefits can augur favorably for the global quinoa seeds market.

But the limited production of quinoa can stunt its growth.

Segmentation

The global quinoa seeds market has been segmented based on type, category, and application.

By type, the global quinoa seeds market has been segmented into white, black, and red. The white segment can dominate the market owing to its use in dressings and sauces. Consumption of sweet and savory snacks and salads can boost the segment growth.

Based on category, the global quinoa seeds market has been divided into organic and conventional. The conventional segment can garner huge revenues till the end of the forecast period owing to successful production methods making quinoa seeds available in large volumes. On the other hand, the organic segment can generate revenues till 2023 owing to its inclination by consumers.

Applications comprise pharmaceuticals, food & beverages, personal care, and others.

Regional Analysis

The global Quinoa Seeds Market Overview has been studied with regard to four key regions - North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

North America is predicted to lead the market owing to the rise in cases of gluten intolerance. The availability of quinoa seeds and quinoa-based flours can drive the market growth significantly. Presence of quinoa seed producers and awareness of its benefits can propel the global quinoa seeds market growth.

Europe can exhibit a strong growth rate during the assessment period due to the inclusion of these seeds in personal care products. The seeds can improve bone health, maintain blood sugar, and heart health.

The APAC quinoa seeds market can expand at a moderate pace owing to its high consumption. The nutrient-dense content of quinoa as well as the inclination of customers in the region towards organic foods can be a blessing for the market. The use of these seeds in personal care products for moisture retention and rise of collagen production of skin can fuel the market demand exponentially.

Lastly, the RoW can account a significant share of the global quinoa seeds market due to changing food habits of customers.

According to the MRFR reports, the global Quinoa Seeds Market Size is likely to attain a over USD 150.3 Billion by the end of 2030 while flourishing at a healthy CAGR of over 13.8%  during the forecasted era.

Competitive Outlook

Inca Organics, Andean Naturals Inc., Andean Valley Corporation, Keen One Foods LLC, The Hain Celestial Group, Quinoa Foods Company, Dutch Quinoa Group BV, Quinoa Corporation, Northern Quinoa Production Corporation, and The British Quinoa Company are some of the notable players profiled in the global quinoa seeds market report.

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