Press release
Chenopodium Quinoa Seeds Market Is Predicted To Witness Incremental Growth In The Forecast Period 2023-2032
Market Overview:The Chenopodium Quinoa Seeds Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021
The Chenopodium (Goosefoot) family includes quinoa seeds, which are grown on alkaline soil, in milder areas year-round, and with less water. The Andean nations of Peru, Bolivia, and Ecuador are where quinoa originated and where it is still a common food item today. Quinoa, a crop of climate-resistant food grains, has gained popularity recently due to its high nutritional value, beneficial phytochemicals, and favorable health effects. The quinoa grain is rich in amino acids, fiber, minerals, phenolics, saponins, phytosterols, and vitamins. Chenopodium Numerous biological and nutraceutical components in quinoa support human health.
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Market Dynamics:
Driver:
Quinoa is a nutrient-rich grain used to make alcohol, soup, flour, breakfast foods, and even alcoholic beverages. It is offered as a whole grain that can be prepared similarly to rice or as part of a meal combination. It can be fermented to make beer or fed to animals. The entire plant is used as green fodder for feeding cattle, pigs, and chickens. In Peru and Bolivia, puffed grains, tortillas, pancakes, and quinoa flakes are produced for sale. Only a few instances of quinoa used for medical purposes exist.
Opportunities:
Chenopodium Quinoa Seeds: Organic and Exports
The market for organic Chenopodium quinoa seeds is becoming more consolidated. The vast majority of the quinoa cultivated in the Andean countries is farmed organically, despite the fact that intensive farming has become the standard in recent years. 30-40% of the quinoa produced in Peru, Bolivia, and Ecuador, according to research by Global Food Security, is labeled as organic. The globe of organic agriculture (2021), the most recent study from FiBL, states that in 2019 organic kinds of cereal made up 3% of the world's organic cereal area and 0.3% of Latin America's total cereal production area.
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Market Segmentation
Segmentation Analysis of Chenopodium Quinoa Seeds Market:
Based on the type, the white quinoa seed segment is expected to register the maximum Chenopodium Quinoa seeds market share period and shall maintain a lead throughout the forecast period. White quinoa seeds are commonly accessible and are used in salads, sauces, and sweet and savory treats, among other things. Food and beverage makers have been urged to convert to quinoa from other crops due to rising pricing in the worldwide market as a consequence of increasing demand. This is a critical element driving the white segment's rise in the worldwide quinoa seed market. Due to the rise of end-use sectors such as food and beverage and personal care, which employ white quinoa seeds, the same category is predicted to expand at the fastest rate.
• Black Quinoa Seeds
• Red Quinoa Seeds
• White Quinoa Seeds
• Others
Based on the nature, the inorganic segment is expected to dominate the Chenopodium Quinoa seeds market over the forecast period. Quinoa is well-known for its nutritious qualities as well as its numerous health advantages. Quinoa grain has a substantially greater nutritional rate than any other cereal grain, with an average protein content of 16 percent. It's also high in omega 6 and omega 3 fatty acids, as well as fiber. It's also gluten-free, which is a plus. As a result, it is acceptable for any diet. In comparison to the Chenopodium Quinoa Seeds organic crop, the inorganic crop yields more. Normal inorganic crops do not require any additional certifications, and other inorganic crop management is an aspect that contributes to the segment's growth. However, in new producing regions where weeds, pests, and diseases have yet to be treated without the use of chemical pesticides and phytosanitary agents, organic quinoa cultivation remains a problem. As a result, the Andean area continues to hold the top spot in the worldwide organic market. In terms of consumption, the Covid-19 epidemic has had little effect on demand for organic quinoa. Indeed, it has expanded particularly rapidly in Europe and North America, owing in part to rising concern for good behaviors and a tendency toward the consumption of better and more nutritious foods.
• Organic
• Inorganic
Based on the end-use pharmaceuticals industry is anticipated to dominate the Chenopodium Quinoa seeds market throughout the projected timeframe. Quinoa is a pseudocereal that grows and adapts to many agroclimatic zones. Its grains are more nutrient-dense than traditional cereals, and it has promise for human consumption and sustenance over the world. It has a unique composition with a good mix of oil, fat, and protein. Quinoa is a good example of a functional food since it lowers the risk of different illnesses. The crop is genetically diverse and high in minerals, vitamins, and all of the necessary amino acids. Immunoregulator, anti-oxidant, anti-diabetic, anti-inflammatory, and anti-cancer qualities are all provided by these nutritional and functional features. It offers celiac sufferers a gluten-free diet, which is advantageous. Quinoa is valued for its protein content, as it contains all necessary amino acids and is easily digestible in vitro. The purpose of this review is to compile and organize the information that supports quinoa's status as a protein crop.
• Food & Beverages
• Cosmetic & Personal Care
• Pharmaceuticals
• Others
By Distribution Channels
• Hypermarket/Supermarket
• Convenience Store
• Specialty Stores
• Online Store
• Others
Regional Analysis of Chenopodium Quinoa Seeds Market:
Chenopodium Quinoa is mostly grown in South America. Chenopodium Quinoa Seeds are a mainstay in South American cuisine. The majority of quinoa is grown in southern Peru and northern Bolivia. Chenopodium Quinoa Seeds consumption is predicted to rise in Brazil since the number of vegans converting to non-animal foods has grown in comparison to previous years. The cosmetics sector may see demand for the other section of quinoa in the future since its products are extensively utilized for night treatment and to improve the skin's texture. Manufacturers have a great potential to take advantage of the disturbed consumer base in these areas.
Due to the increased production and consumption of Chenopodium Quinoa seeds in countries, the Asia-Pacific quinoa seeds market is likely to rise at a quick rate. Furthermore, due to expanding awareness of the health advantages of quinoa seeds and the increasing acceptance of healthy, gluten-free diets by the growing health-conscious population, the region is predicted to have a considerable market share.
Due to the enormous production of Chenopodium Quinoa seeds in the region, the Chenopodium quinoa seeds market in North America is predicted to increase significantly. Chenopodium Quinoa seeds are popular in countries like the United States and Canada because they are gluten-free and have a low glycemic index. Chenopodium Quinoa seeds are thus utilized as a replacement for wheat flour or rice in a variety of foods. In addition, especially in the United States, the prevalence of gluten sensitivity and celiac disease is on the rise.
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
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Players Covered in Chenopodium Quinoa Seeds Market are:
• British Quinoa Company
• Northern Quinoa
• Alter Eco
• Ancient Harvest
• Andean Valley
• Andean Naturals
• Complejo Industrial y Tecnolgico Yanapasiani SRL
• Highland Farm Foods
• Quinoa Foods Company
• Arrowhead Mills
• Big Oz (Big Oz Industries Limited)
• COMRURAL XXI
• Irupana Andean Organic Food
• Quinoabol and other major players.
Key Industry Developments In Chenopodium Quinoa Seeds Market
1. Alter Eco, a developer of ethically sourced quinoa, cocoa, and rice, has been acquired by NextWorld Evergreen, a San Francisco-based private equity group focusing on creating consumer products. In the natural products sector, Alter Eco is noted for prioritizing USDA Organic, Fair-Trade USA, and Carbon Neutral Product certifications. To date, the firm has paid a decent wage to 24,338 farmers and provided $1.5 million in agricultural finance to shield them against unanticipated losses.
2. According to San Francisco-based Encore Consumer Capital, a private equity firm that has invested in Ancient Harvest, the acquisition of Pamela's by Ancient Harvest, a brand managed by Quinoa Corporation, has been finalized. Ancient Harvest and Pamela's both have gluten-free product ranges that are compatible. Quinoa, pasta, hot porridge, polenta, and other gluten-free plant-based protein products are among Ancient Harvest's offerings. Pamela's portfolio includes gluten-free baking mixes and supplies including paleo flours, as well as spaghetti dinners, ramen, snack bars, cookies, and graham crackers.
COVID-19 Impact on Chenopodium Quinoa Seeds Market
The year 2020 did not appear to be promising for the quinoa market because of the COVID-19 outbreak. The pandemic had three effects on global markets, including the quinoa seeds market: it directly affected domestic and international production and demand, disrupted the availability chain and trade movements in terms of export-import, and had a financial impact on firms and financial markets operating in the segment. This trend is projected to impede market expansion even further if the pandemic limits are extended until the third quarter of 2021. Quinoa seeds are becoming more popular as a result of changing dietary patterns and improved health awareness, especially in some countries. The growth of quinoa seeds, on the other hand, is constrained by price fluctuations and pesticide residue levels. Quinoa has sparked interest across the world because of its nutritional advantages, gluten-free status, and potential as a functional food component. The grain has a similar look to rice and maybe cooked and consumed in the same manner. The seed is now used as a meal and a wonderful rice alternative. Quinoa's limited production, on the other hand, is limiting the market's growth.
Frequently Asked Questions:
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2. Who are the key players in Chenopodium Quinoa Seeds Market?
3. What are the segments of the Chenopodium Quinoa Seeds Market?
4. What is the Chenopodium Quinoa Seeds Market?
5. How big is the Chenopodium Quinoa Seeds Market?
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