Quinoa Seeds Market Growth Statistics, Regional Analysis, Top Players, Size, And Forecast To 2033

The Business Research Company recently released a comprehensive report on the Global Quinoa Seeds Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The quinoa seed market size has grown strongly in recent years. It will grow from $1.06 billion in 2023 to $1.15 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The  growth in the historic period can be attributed to high demand for health-oriented food products, changing consumer perception towards healthy grains, increased global demand for superfoods, government support for indigenous farmers, and a shift towards protein-rich diets.

The quinoa seeds market size is expected to see strong growth in the next few years. It will grow to $1.63 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to increasing the crop productivity of quinoa, rising demand for gluten-free food products, rising consumption of nutritious foods, increasing consumer preference for natural products, and growing health and environmental awareness. Major trends in the forecast period include expansion of cultivation areas, gluten-free alternatives, enhanced processing techniques, product diversification, and improved supply chain infrastructure.

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Market Drivers and Trends:

The increasing demand for organic food products is expected to propel the growth of the quinoa seed market going forward. Organic food products are agricultural items produced without synthetic pesticides, fertilizers, genetically modified organisms (GMOs), antibiotics, or growth hormones. The demand for organic food products is due to heightened consumer awareness of their health benefits and growing concerns about environmental sustainability. Quinoa's role in organic products is especially valued for its complete protein profile, nutrient richness, and suitability for various dietary needs, such as gluten-free, vegan, and vegetarian diets. For instance, in May 2023, according to the Organic Trade Association, a US-based business association that focuses on the organic business community, In 2022, organic beverages generated $9 billion in sales, a 4% increase, while organic coffee sales rose nearly 7% to approximately $2.3 billion. Therefore, increasing demand for organic food products is driving the growth of the quinoa seed market.

Major companies operating in the quinoa seeds market are focusing on broadening their market reach by developing innovative solutions, such as quinoa products, to enhance quinoa's nutritional profile and processing methods. Quinoa products refer to various forms of quinoa, including flakes, flour, snacks, beverages, ready-to-eat meals, and supplements, designed to offer versatile and nutritious options for diverse consumer needs. For instance, in August 2024, Kiwi Quinoa, a New Zealand-based producer of red and white quinoa, launched its award-winning quinoa products in the U.S. through the health and wellness platform One Lavi. The product range includes Kiwi White Quinoa, which is high in iron and magnesium and ideal for low-carb diets, and Kiwi Red Quinoa, known for its nutty flavor and versatility in various dishes. Both quinoa varieties are gluten-free, non-GMO, and praised for their superior taste, absence of bitterness, and rich nutritional profile, including all nine essential amino acids.

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Major Key Players of the Market:

The Hain Celestial Group Inc., Ardent Mills LLC, Bob's Red Mill Natural Foods Inc., Lundberg Family Farms Inc., Tadin LLC, Alter Eco Foods Inc., Ancient Harvest LLC, The British Quinoa Company Ltd., GoGo Quinoa, Mother Earth Products LLC, Inca Organics Pty Ltd., Nourish You Foods Private Limited, West Coast Seeds, Green Habit Foods LLC, JIWA Healthy by Nature Private Limited, Northern Quinoa Production Corporation, VKC Nuts Private Limited, Quinoa Corporation, Anthony's Goods LLC, Brother Nature Seeds, Balkrishna Agro Products, Shri Mahavir Group

Quinoa Seeds Market 2024 Key Insights:

• The quinoa seeds market size is expected to see strong growth in the next few years. It will grow to $1.63 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%.
• Rising Demand For Organic Food Products Fuels Growth In Quinoa Seed Market
• Innovative Solutions And Market Expansion Drive Growth In The Quinoa Seeds Market
• North America was the largest region in the quinoa seeds market in 2023

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