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Quinoa Market : Size Was Valued at USD 99.42 Billion in 2023 and is Projected to Reach USD 298.19 Billion by 2032.

05-21-2024 11:51 AM CET | Food & Beverage

Press release from: Introspective Market Research

Quinoa Market

Quinoa Market

Quinoa is a highly nutritious and versatile seed that supports various health benefits, including heart health, weight management, and blood sugar control. Its ease of preparation and adaptability in recipes make it a valuable addition to many diets. Its sustainable cultivation also makes it an environmentally friendly choice.

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Quinoa by-products like quinoa hulls and meal, are often used as nutritious feed for poultry and Livestock. They provide essential nutrients and protein, contributing to the health and growth of animals. The quinoa market worldwide amounted to about 80 billion U.S. dollars. This market is estimated to reach over 114.11 billion U.S. dollars by 2024.

๐“๐จ ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐๐ƒ๐… ๐›๐ซ๐จ๐œ๐ก๐ฎ๐ซ๐ž ๐จ๐Ÿ ๐จ๐ฎ๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐ง ๐๐š๐ซ๐œ๐จ๐๐ž ๐’๐œ๐š๐ง๐ง๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ :
https://introspectivemarketresearch.com/request/16849

The Quinoa Market is segmented into Type, Certification, Distribution Channel, end-user and region. By Type, the market is categorized into Organic and Inorganic. By certification, the market is categorized into Conventional, Organic, Fair Trade, and Dual. By Distribution Channel, the market is categorized into Supermarkets and Hypermarkets, Departmental stores, Online Retail stores, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

Market Dynamics and Factors :

โ€ข Quinoa is also growing its popularity among vegetarians and vegans as it is a good source of protein, it is also a gluten-free crop that helps prevent celiac disease. Hence in this way, Quinoa is acting as a driver for health-conscious consumers.

โ€ข Health-conscious consumers are drawn to quinoa for its nutritional profile, as it offers a broad range of health benefits, which include improved digestion, increased energy levels, and better weight management.

โ€ข Supply chain management facilities, and quality control measures that can lead to innovations in producing organic quinoa without using any chemicals or pesticides by doing genetic modifications in them as consumers are becoming more health conscious this organic product will be a great opportunity.

The Quinoa Market Report Highlight :

There is a potential for diversifying quinoa-based products beyond grains like ready-to-eat meals, snacks, chocolates, breakfast cereals, Juices, and baking mixes, by offering this wide range of products the Quinoa market could be expanded.

By Type :

Organic Quinoa is superior in taste and quality compared to conventionally grown varieties of quinoa, as it adds more flavor to the product. The demand for organic quinoa is on the rise globally, driven by increasing consumer awareness of organic food benefits, expanding distribution channels, and growing the availability of organic quinoa products in supermarkets, hypermarkets, specialty stores, and other online platforms. Hence, in this way, organic Quinoa is expected to dominate over the forecast period.

By Application :

Quinoa is considered a nutrient-rich food due to its high protein content, essential amino acids, fiber, vitamins, and minerals. As consumers nowadays become more health-conscious they are more willing to buy organic products. The growing prevalence of gluten-related disorders has contributed to the rise in demand for this product, hence food Industry held the largest share.

Key Industry Developments in The Quinoa Market:

โ€ข In March 2024, Kiwi Quinoa, a New Zealand-based company is set to launch in the United States of America, the company looks forward to introducing its products of Quinoa through fun and exciting recipe content and delicious meals with creamy quinoa porridge, salads, and nourishing dinners such as Teriyaki chicken quinoa stir-fry and others by adding healthy recipes into their diet.

โ€ข In April 2022, Olam Agri a global agri-business released its sustainable quinoa and chia seeds by on-ground training and public-private collaboration, as the consumers are seeking demand in healthier foods.

๐“๐จ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ข๐ฌ ๐๐ฎ๐ข๐ง๐จ๐š ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : https://introspectivemarketresearch.com/inquiry/16849

Quinoa Market Regional Insights :

โ€ข The North American quinoa market is the largest in the world, followed by Europe. The popularity of quinoa is increasing due to rising quality food consumption and health-consciousness food patterns in these regions which contributes to the quinoa market's positive growth.

โ€ข This region also has large volumes of imports of quinoa seeds, due to the increasing popularity of food products with high nutritional and low-calorie content Quinoa products are readily available in supermarkets, specialty health food stores, online retailers, and foodservice establishments increasing demand helps to boost the market growth in this region consequently over the period.

๐€๐›๐จ๐ฎ๐ญ ๐ฎ๐ฌ:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ฎ๐ฌ:
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