Quinoa Seeds Market Poised for Robust Growth, forecasted to Expand at 10.8 % CAGR from 2023-28
MarkNtel Advisors has released its latest report highlighting strong growth in The Global Quinoa Seeds Market is projected to grow at a CAGR of around 10.8% during the forecast period, ie, 2023-28.
Report Coverage
This report offers a comprehensive analysis of the Quinoa Seeds Market , providing valuable insights across historical trends, current dynamics, and future forecasts.
- Base Year: 2022
- Forecast Years: 2023-28
- Historical Years: 2018-21
Quinoa Seeds Market Overview
The major factors responsible for this market growth include the expansion of research laboratories across China and increasing R&D investments in the country. In recent years, the country has been largely facing geopolitical tensions, which have been impacting its economic growth. Hence, observing these impacts on economic growth, the government of China has initiated aligning its spending towards research & development, to become a technological powerhouse across the globe.
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Quinoa Seeds Market Segmentation Outlook
The Quinoa Seeds is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Type
- White
- Red
- Black
By Application
- Food & Beverages
- Personal Care
- Pharmaceuticals
By Category
- Organic
- Inorganic
By Distribution Channel
- Offline
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Bakery/Stores
- Online
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Quinoa Seeds Market D/C/T/o
Increased Health Consciousness and Changing Dietary Patterns- The Global Quinoa Seeds Market is projected to be driven mainly by changing consumption habits and growing health awareness in people. Quinoa is rich in nutrients and provides several health benefits, which is why this high-fiber, gluten-free product is extremely popular among health-conscious consumers. The mounting use of quinoa in food products like noodles, bread, & pasta is also spurring growth in the market. Moreover, the rising consumer interest in organic & natural cosmetic products and the surging consumption of quinoa in breakfast foods are other prominent aspects likely to boost the market in the coming years.
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Top Quinoa Seeds Market Brands & Their Strategic Market Positioning
MarkNtel Advisors Research identifies Adaptive Seeds, Alter Eco, Andean Naturals Inc. (Ardent Mills), Arrowhead Mills Inc., Big Oz, Hancock, Heritage Harvest Seed, Highland Farm, Irupana Andean Organic Food S.A, Northern Quinoa, Others as key players shaping the market landscape.
Quinoa Seeds Market News
- In May 2022, Above Food Corp. announced its plans to acquire Northern Quinoa Production Corp. (NorQuin), one of North America's largest quinoa suppliers. With this acquisition, Above Food Corp. aims to integrate NorQuin's class-leading genetic capabilities & grower programs into its Disruptive Agriculture business, which, in turn, will provide significant scale to NorQuin's existing grower infrastructure while applying the team's expertise in genetics & plant-breeding to a wider base of proteins.
- In February 2020, Ardent Mills acquired the quinoa business of Andean Naturals in Yuba City & California for an undisclosed sum. This acquisition is likely to boost & accelerate Ardent Mills' quinoa & grain business.
Key Questions Answered in the Report
- What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
- How the industry has been evolving, and which segments would dominate the market during the forecast period?
- What are the key opportunity areas that companies foresee in the coming years 2028?
- Who are the key players in the market, and what are their competitive strengths?
- What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?
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