Quinoa Seeds - Worldwide Market Growth, Trends and Forecasts (2019-2024): Changing Consumption Patterns & Increasing Health Awareness - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 23, 2019--
The “Quinoa Seeds Market - Growth, Trends, and Forecast (2019-2024)” report has been added to ResearchAndMarkets.com’s offering.
The value of consumption of quinoa seeds in the United States was USD 61,318.8 thousand in 2018, and it is estimated to reach USD 117,117.2 thousand by 2024, while witnessing a CAGR of 12.6% during the forecast period.
Due to its nutritional value, gluten-free nature, and its potential of being a functional food ingredient, quinoa has captured the attention of consumers around the world. The grain is very similar to rice, and can be cooked and used in the same way. Currently, the seed is used as a health food and a tasty alternative to rice. However, the limited production of quinoa is subsequently limiting the growth of this market.
Changing Consumption Patterns & Increasing Health Awareness Driving the Market
The nutritional characteristics of quinoa seeds are especially attractive, due to its high protein content, gluten-free property, and high fiber content. The demand for organic quinoa is particularly on the rise in Europe, as well as North America, as awareness regarding both health and environment is increasing among the consumers.
Quinoa is particularly considered as a health food, and increasing awareness regarding its nutritional properties, as well as increasing health awareness, has led to higher demand for quinoa in Europe and North America.
Increase in the International Demand for Quinoa Seeds with Technological Advancements
South America is the leading producer of quinoa seeds, specifically Peru and Bolivia, which are leading the charge. North America has been the largest importer of quinoa seeds, with the United States being the largest importer. However, European countries have been increasing the import of quinoa seeds, for the past few years.
Recent technological R&D into seed varieties has led to the development of varieties that can be cultivated in temperate climates. The King Abdullah University of Science and Technology (KAUST) in Saudi Arabia has been successful in mapping the genetic structure of quinoa, thus allowing genetic modification, which may prove crucial in increasing the crop productivity of quinoa.
Key Topics Covered
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain/Supply Chain Analysis
4.4.1 Value Chain Overview
4.4.2 Price Markups in the Value Chain
4.4.3 Stakeholders in the Value Chain
4.5 Porter’s Five Forces Analysis
5 MARKET SEGMENTATION
5.1 PRODUCING COUNTRIES
5.2 CONSUMING COUNTRIES
5.2.1 United States
5.2.4 United Kingdom
5.2.11 South Africa
6 PROCUREMENT PREFERENCE MATRIX
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/ohvgju
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Related Topics:Health Food and Sports Nutrition,Cereals, Grains and Pulses ,Seeds
INDUSTRY KEYWORD: HEALTH FITNESS & NUTRITION RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 05/23/2019 12:22 PM/DISC: 05/23/2019 12:22 PM