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Global Quinoa Market Projected to Grow at 10.6% CAGR, Reaching $187.19 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Quinoa Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the quinoa market size has seen a swift expansion. The market, which stands at $112.72 billion in 2024, is projected to reach $125.21 billion in 2025, recording a compound annual growth rate (CAGR) of 11.1%. This substantial growth in the past can be credited to the escalating wellness and health trends, heightened comprehension of health benefits provided by quinoa, surge in veganism and vegetarianism, growth of the gluten-free food sector, and the diverse adaptability in culinary preparations.
Quinoa Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the quinoa market is projected to experience a swift expansion, growing to $187.19 billion by 2029 with a 10.6% compound annual growth rate (CAGR). This predicted expansion during the forecast period can be traced back to the ongoing emphasis on healthy consumption habits, ethical and environmentally safe food options, the increasingly high demand for plant-derived proteins, the rediscovery of time-honored and traditional dietary staples, and the global spread of various cuisines and multicultural culinary influences. Key forecast period trends foresee sustainable and equitable trade practices, invention in the area of quinoa-infused snack profiles, the use of quinoa flour in gluten-free baking, food functionality and nutritional advantages, along with collaborations and alliances within the supply chain.
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What Are the Drivers Transforming the Quinoa Market?
The rise in health consciousness is anticipated to drive the expansion of the quinoa market in the projected timeline. The trend towards healthy consumption has become mainstream, as a growing number of consumers are calling for food and drinks that adhere to increasingly sophisticated health and wellness, ethical, and sustainable standards. Quinoa has become popular because it's high in fiber, lacks gluten, and includes all the crucial amino acids. Quinoa's growing accessibility, along with product evolution and a heightened interest for nutritious food, will propel its growth. A case in point is that as per Tesco's data in the UK, about 3.3 million of its customers changed their buying patterns to purchase a minimum of 10% more healthful products in 2022. Consequently, the escalation in health consciousness is contributing to the growth of the quinoa market.
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What Long-Term Trends Will Define the Future of the Quinoa Market?
Prominent entities in the quinoa sector are striving to gain an advantage by launching innovative solutions including 'ancient grains'. These grains belong to a type of pseudocereal that is said to have undergone very little alteration through selective breeding. For instance, in August 2023, Mars, Inc., a confectionery manufacturer based in the US, introduced the 'Super Grains' product line. This line includes grain and rice-based meals that are conveniently packaged in 8-ounce microwaveable pouches- a meal ready in just 90 seconds. It offers Tuscan herbs, Indian style, and Smoky Southwest flavors. The Tuscan Herbs version features quinoa, wheat berries, and pearl millet. The Indian flavor consists of sorghum, quinoa, and the more fine-grained millet, while the Smoky Southwest flavor is a blend of amaranth, pearl millet, sorghum, and quinoa.
Which Segments in the Quinoa Market Offer the Most Profit Potential?
The quinoa market covered in this report is segmented -
1) By Type: Organic, Inorganic
2) By Application: Food Industry, Cosmetic Industry, Pharmaceutical Industry, Other Applications
3) By End User: Ingredient, Packed Food
Subsegments:
1) By Organic: Whole Grain Organic Quinoa, Organic Quinoa Flakes, Organic Quinoa Flour
2) By Inorganic: Whole Grain Inorganic Quinoa, Inorganic Quinoa Flakes, Inorganic Quinoa Flour
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Which Firms Dominate the Quinoa Market by Market Share and Revenue in 2025?
Major companies operating in the quinoa market include 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., 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.
Which Regions Offer the Highest Growth Potential in the Quinoa Market?
South America was the largest region in the quinoa market in 2024. The regions covered in the quinoa market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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