Press release
Chia Seeds Market Overview and Opportunities by Profiled Key Players - Benexia Europa S.A., ChiaCorp, The Chia Company, Bob's Red Mill
Market Summary:The global chia seeds market share is expected to grow at a higher growth rate supported by the rising awareness about the benefits of chia seeds through sources such as magazines and internet among the population. Increasing demand for herbal, natural and organic food ingredients in sports drinks also has a positive impact on the growing share for chia seeds in the global market. Developing economic conditions of various regions is fueling up the market demand for chia seeds on the global level.
All these factors contribute to the calculated CAGR of 5.8% of Chia Seeds market during 2017-2023.
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Top Key Players:
Benexia Europa S.A. (Belgium)
The Chia Company (Australia)
Chia Bia Slovakia s.r.o. (Slovakia)
Naturkost Übelhör (Germany)
ChiaCorp (U.S.)
Bob's Red Mill (U.S.)
Glanbia plc (Ireland)
Table of Content:
1. Executive Summary
2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions
2.2.3 Limitations
2.3 Markets Structure
2.4 Stakeholders
3. Research Methodology
3.1 Research Methods
3.1.1 Primary Research
3.1.2 Secondary Research
3.2 Forecast Model
3.3 Market Size Estimation
4. MARKET DYNAMICS
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Detailed Downstream Analysis:
The demand for white chia seeds is growing at a significant rate, whereas, black chia seeds based on high production volume holds a lion's share in the market. Whole form of chia seeds is anticipated to grow at the highest rate during the forecast period owing to consumer’s food perception. In addition, the demand for chia seeds in Food & Beverages and Nutraceuticals is estimated to have a high growth based on increasing health awareness.
Additionally, based on the ease of purchase, sale of chia seeds through supermarkets/hypermarkets accounts for a significant share among the various other distribution channels.
Regional Market Analysis:
The global chia seeds market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America holds a major market share followed by Asia Pacific. High demand for chia seeds owing to increasing disposable income from the developed countries of these regions is contributing to the positive growth of the chia seeds market. Germany, the U.S., the Netherlands, the U.K. and China are the major importers of chia seeds. Economic growth and developed trading channels are also driving the growth of chia seeds market in these countries.
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