Press release
Black Quinoa Market Is Gaining Huge Growth In Upcoming Years 2024 - 2031 | The Quinoa Company, The J.M. Smucker Company
Black Quinoa Market
Global black quinoa market is projected to reach US$ 224.4 Mn by 2030, in terms of revenue, exhibiting a CAGR of 8.5% during the forecast period (2023-2030).
Market Dynamics:
The black quinoa market is expected to growth at a significant rate over the forecast period, owing to growing health consciousness among consumers and the numerous health benefits associated with black quinoa. Black quinoa contains higher amounts of proteins, fiber, minerals, and antioxidants as compared to regular quinoa. It is rich in manganese, magnesium, copper and fiber that are beneficial for bone health, managing blood sugar levels, and heart health. Black quinoa has dietary fibers that aid in digestion and weight management. Moreover, it contains anthocyanins that have anti-inflammatory and anti-cancer properties. The nutritional profile and medicinal properties of black quinoa are increasing its demand in food and beverages industry. Rising adoption of vegan and organic foods is further fueling the adoption of black quinoa in various food products such as bakery, snacks, and beverages.
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Black Quinoa Market Drivers:
Increasing health awareness about nutritional benefits of black quinoa is driving the market growth
Black quinoa is gaining popularity due to its nutritional qualities like high protein, fiber, vitamins and minerals content. It is considered as a superfood since it provides numerous health benefits. The growing health consciousness among consumers regarding benefits of functional foods is majorly driving the demand for black quinoa globally. Consumers are increasingly opting for healthier food options like quinoa due to rising cases of chronic diseases.
Black Quinoa Market Opportunity:
Growing popularity of ancient grains offers significant growth opportunities
Consumers are increasingly focusing on lesser known ancient grains like quinoa, amaranth, millet, buckwheat etc. due to their nutritional benefits and gluten free nature. Among these, quinoa is gaining traction worldwide as a popular superfood. Especially, exotic varieties like black quinoa provide lucrative opportunities for high value markets. Traditional recipes incorporating ancient grains witnessing rising global interest, aiding the market potential. Manufacturers can capitalize on this trend by developing new product lines featuring black quinoa.
Black Quinoa Market Trends:
Innovation in product formulations and applications is a key trend shaping the market
To expand market reach and appeal to diverse customer segments, companies are innovating novel black quinoa products and applications. Some of the prominent trends include development of gluten free pastas, breads and snacks made from black quinoa. Utilization in plant based dairy alternatives like yogurts and mylks is gaining popularity. Black quinoa flour and grain applications in bakery and dessert industry also offers opportunities. Moreover, branding black quinoa under ethnic cuisine recipes and ready to eat meals facilitates its access to mainstream markets worldwide. Overall, product innovation is an evolving trend catalyzing black quinoa adoption.
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Top Companies Featured in This Report:
★ The Quinoa Company
★ The J.M. Smucker Company
★ ARDENT MILLS
★ ADM Animal Nutrition
★ IMG Holdings Inc.
★ Wunder Basket
★ Northern Quinoa Production Corporation
★ Kiwi Quinoa
★ The British Quinoa Company
★ Organic Farmers Co.
Market Segmentation:
By Product Type:
★ By Type: Organic, Conventional
By Applications:
★ By Application: Food & Beverages, Animal Feed, Cosmetics, Pharmaceuticals, Others
Key Regions/Countries Classified as Follows:
» 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)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
The report offers insights on the following aspects:
Chapter 1: Study Coverage
Chapter 2: Executive Summary
Chapter 3: Analysis of Black Quinoa Market Competition Landscape by Players
Chapter 4: Assessment of Black Quinoa Market Size by Type and Application
Chapter 5: Global and Regional Analysis
Chapter 6: Company Profiles, recent developments, and investments
Chapter 7: Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors
Chapter 8: Evaluation of Value Chain and Sales Channels, including breakthrough product developments
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology/Research Approach
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Black Quinoa sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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