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 2023 - 2032. Quinoa Seeds Market Size was valued at USD 50.1billion in 2022. The Quinoa Seeds market industry is projected to grow from USD57.0138 Billion in 2023 to USD 160.368 billion by 2032, exhibitinga compound annual growth rate (CAGR) of 13.80% during the forecast period (2023 - 2032).

The Quinoa Seeds market research report provides a comprehensive analysis of the global quinoa seed industry, offering valuable insights into market trends, key players, growth factors, and competitive dynamics. Through extensive data analysis and market segmentation, this report helps businesses and stakeholders make informed decisions about investment, product development, and market strategies in the ever-expanding quinoa market. It serves as an essential tool for understanding the current market landscape and anticipating future opportunities and challenges in the quinoa seeds sector.

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. Being gluten-free and high in fiber, quinoa seeds are used in various food & beverages items as substitute to rice or wheat. Initiatives by market players to focus on their research & development (R&D) activities to launch new and innovative products using quinoa seeds is also boosting the market.

Market Segmentation

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.

Regarding category, the market has been segmented into conventional and organic. During the forecast period, the conventional segment is expected to garner a major market share due to the surplus availability of conventional quinoa seeds. However, the organic segment can witness higher growth during the forecast period.

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. The market for white quinoa seeds is growing due to increasing prices, resulting from strong demand from food & beverage manufacturers who are choosing to switch to quinoa from other crops. The white quinoa seeds segment is also the fastest-growing market segment due to the use of white quinoa seeds in many beverages and personal care products.

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Regional Segmentation

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.

Europe is a significant regional market due to the high density of population, presence of many important market players, and good production as well as high imports of quinoa seeds. Many critical country-specific markets in this region are France, Germany, Italy, Spain, and the UK. An inspection of the remaining countries in Europe featured in this report speculate the huge contribution to market revenue from some other countries in this region.

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.

The RoW segment covers South America, Africa, and the Middle East. Among these regional market segments, South America is the stronger regional market as quinoa seeds are produced on a large scale in Argentina, Bolivia, Colombia, Chile, Ecuador, and Peru.

The Quinoa Seeds market growth research indicates robust growth prospects in recent years, with rising consumer awareness of its nutritional benefits and versatility in culinary applications. This upsurge is attributed to the increasing demand for gluten-free and plant-based food options. Additionally, expanding cultivation in regions like South America and innovative product formulations have further fueled the market's expansion, making quinoa seeds a staple in health-conscious households and a prominent ingredient in the food industry's pursuit of healthier, sustainable alternatives.

Key Players

Big players in the global quinoa seeds market are Quinoa Foods Company (Bolivia), Northern Quinoa Production Corporation (Canada), Andean Valley Corporation (Bolivia), Quinoa Corporation (US), Keen One Foods LLC (US), The British Quinoa Company (UK), The Hain Celestial Group (US), Dutch Quinoa Group BV (Netherlands), Andean Naturals Inc. (US), Inca Organics (Australia)

Latest Industry News

Bolivian quinoa producers who are affiliated with International Quinoa Center (CIQ), are planning and hoping to increase their exports to China. 1 MAY 2019

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