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Chia Seed Market : Technological Advancements, Evolving Industry Trends and Insights

10-25-2017 02:35 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: future market insights

/ PR Agency: future market insights
The demand for whole chia seeds will dominate the global market owing to the edible nature of chia seeds in whole form, unlike flax seeds

Increasing demand for chia seed as a ‘super food’ is the reason for the relatively high share in the global market. Chia seed oil is widely used in the pharmaceutical and cosmetic markets and this is anticipated to boost demand for chia seed oil over the forecast period.

By form, the whole segment is expected to remain dominant in the global chia seed market throughout the forecast period and is expected to account for a revenue share of close to 60% by the end of 2027. Revenue from the whole segment in the global chia seed market is expected to increase at a relatively high CAGR of 7.2%. The oil segment is expected to account for a revenue share of about 18% by 2027 end.

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https://www.futuremarketinsights.com/reports/chia-seed-market

Growing preference for vegan food coupled with an increasing shift towards healthy snacks is boosting the growth of chia seeds market demand

Due to the fast paced and hectic lifestyle and changing eating patterns of people across the world, a large number of consumers are shifting towards ready-to-eat meals or packaged food products and snacks. However, most of the snacks lack in terms of essential nutrients and dietary fibre and are not ideally a healthy food option.

Traditionally, chia seeds are produced all over Latin American countries due to favourable climate in the region. High domestic consumption in the region, along with rising population and economic standards is anticipated to boost the demand for chia seeds and eventually fuel the growth of the global chia seed market throughout the forecasted period.

Demand for protein alternatives along with consumer preference for vegan food products is increasing in Europe.

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GMO chia seeds are antibiotic resistant, have altered nutrient content and are herbicide resistant; whereas, non-GMO seeds have required nutrient content and are non-resistant to herbicide. This causes degradation of crop quality and yield. In order to offer better quality products, manufacturers are shifting their preference from GMO to non-GMO chia seeds and this trend is expected to continue over the forecast period.

Chia is a major component in various dietary products. Producers have already launched super blends of chia seed with other seeds and ingredients in their offerings. Such products with chia as a major ingredient are expected to increase over the forecast period and demand for such products is also anticipated to increase significantly.

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https://www.futuremarketinsights.com/reports/chia-seed-market/toc

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly

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Email:sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

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