The quinoa seed market has expanded rapidly, with projections showing growth from $1.06 billion in 2023 to $1.15 billion in 2024, at a CAGR of 8.6%. This increase can be attributed to high demand for health-focused foods, a shift toward healthy grains, global interest in superfoods, support for indigenous farming, and protein-rich diet trends.
The quinoa seeds market is forecast to grow to $1.63 billion by 2028, at a CAGR of 9.0%. This growth is driven by rising quinoa crop productivity, demand for gluten-free foods, and increased health and environmental awareness. Key trends include expanding cultivation areas, gluten-free alternatives, better processing techniques, product diversification, and improved supply chain infrastructure.
Major Driver In The Quinoa Seeds Market
The quinoa seed market is poised for growth due to rising demand for organic food products, which are produced without synthetic additives. Increased consumer awareness of health benefits and environmental concerns are driving this demand. In 2022, organic beverages generated $9 billion in sales, reflecting a 4% increase. Quinoa's nutritional profile and suitability for various diets enhance its value in the organic market, thus contributing to the growth of the quinoa seed market. This market growth is expected to continue through 2028, driven by the increasing preference for organic and health-conscious food choices globally.
Request A Free Sample Of The Quinoa Seeds Market Report
Quinoa Seeds Market Competitive Landscape
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
Key Quinoa Seeds Market Trend
Companies in the quinoa seeds market are expanding their market reach by innovating quinoa products to enhance nutritional profiles and processing methods. These products include flakes, flour, snacks, beverages, ready-to-eat meals, and supplements, offering versatile and nutritious options. For instance, in August 2024, Kiwi Quinoa from New Zealand launched its quinoa products in the U.S. through the One Lavi platform. These include Kiwi White Quinoa, rich in iron and magnesium, and Kiwi Red Quinoa, known for its nutty flavor and versatility. Both are gluten-free, non-GMO, and praised for their taste and nutritional value, containing all nine essential amino acids.
Purchase The Global Quinoa Seeds Market Report Directly And Get A Swift Delivery
Global Quinoa Seeds Market Segmentation
The quinoa seeds market covered in this report is segmented –
1) By Type: White, Red, Black, Other Types
2) By Certificate: Conventional, Organic, Fair Trade And Dual
3) By Distribution Channels: Offline Stores, Online Stores
4) By Application: Food And Beverages, Personal Care, Pharmaceuticals
By Geography:The regions covered in the quinoa seeds market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the quinoa seeds market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The Quinoa Seeds Global Market Report 2024 furnishes information about the global quinoa seeds market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.
