Quinoa Global Market Projected to Experience a Growth Rate of 10.7% CAGR, Reaching over $169.54 Billion By 2028

"The Business Research Company recently released a comprehensive report on the Global Quinoa 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.

Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=5610&type=smp

According to The Business Research Company's, The quinoa market size has grown rapidly in recent years. It will grow from $101.49 billion in 2023 to $112.72 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to growing health and wellness trends, increasing awareness of quinoa benefits, rise in vegetarian and vegan lifestyles, expanding gluten-free food market, culinary diversity and versatility.

The quinoa market size is expected to see rapid growth in the next few years. It will grow to $169.54 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to continued focus on healthy eating, sustainable and ethical food choices, rising demand for plant-based proteins, exploration of ancient and traditional foods, globalization of cuisine and cross-cultural influences. Major trends in the forecast period include sustainable and fair trade practices, innovations in quinoa-based snack formats, quinoa flour for gluten-free baking, functional food and nutritional benefits, collaborations and partnerships in the supply chain.

Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/quinoa-global-market-report

Market Drivers and Trends:

The increase in health awareness will propel the growth of the quinoa market during the forecast period. Healthy eating has become the norm, with most consumers demanding foods and beverages to meet progressively nuanced health and wellness, ethics, and sustainability criteria. People are preferring quinoa as it is high in fiber, gluten-free, and contains all the essential amino acids. With quinoa becoming more readily available, product innovation and the increased desire for healthy foods will fuel its future growth. For instance, in July 2021, according to Taste France For Business, a France-based Business-to-business (B2B) platform under the Ministry of Agriculture and Food in France, Quinoa has been sown on 7,500 acres (3,000 hectares) by 375 farmers. Therefore, the increase in health awareness fuels the growth of the quinoa market.

Major companies operating in the quinoa market are focused on introducing advanced solutions, such as ancient grains, to provide a competitive edge in the market. Ancient grains are grains used to describe a category of pseudocereals that are purported to have been minimally changed by selective breeding. For instance, in August 2023, Mars, Inc., a US-based company that manufactures confectionery products, launched the Super Grains line. The Super Grains line is a rice- and grain-based meal that can be added to any meal and is packaged in microwaveable 8-ounce pouches that are ready to serve after 90 seconds. It is made with Tuscan herbs, Indian style, and Smoky Southwest flavors. The Tuscan Herbs variety contains quinoa, wheat berries, and pearl millet. The Indian style flavor is made with sorghum, quinoa, and finer millet. The Smoky Southwest variety is a mix of amaranth, pearl millet, sorghum, and quinoa.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Major Key Players of the Market:

Sharp Corporation, General Mills Inc., Ardent Mills LLC, The Hain Celestial Group, Quinoa International Corp, Grain Millers Inc., Morning Foods Ltd., The British Quinoa Company, Hancock Seed Company, Andean Valley SA, Alter Eco Americas Inc., Quinoa Corporation, Heritage Harvest Seed, Andean Naturals Inc., Victory Seed Company, Blue Lake Milling Pty Ltd., Inca Organics, Quinoa Foods Company, Irupana Andean Organic Food S.A., Territorial Seed Company, Northern Quinoa Production Corporation, Keen One Foods LLC, Adaptive Seeds, Agrophilia, ComRural S.R.L., Quinoabol S.R.L., Inca Health Organic SAC, Mewar Impex, European Quinoa Group, The Real Seed Collection Ltd.

Quinoa Market 2024 Key Insights:

• The quinoa market size is expected to see rapid growth in the next few years. It will grow to $169.54 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%.
• The Surge In Health Consciousness Driving Growth In The Quinoa Market
• Mars Inc. Redefines The Quinoa Market With Super Grains Line
• South America was the largest region in the quinoa market in 2023

We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=5610&type=smp

Contact Us:

The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.