Market Size of Canary Seeds Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 2.80 % |
Fastest Growing Market | Europe |
Largest Market | North America |
Market Concentration | Medium |
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Canary Seeds Market Analysis
The Global Canary Seed Market is projected to register a CAGR of 2.8% during the forecast period 2020-2025. The development of new varieties of de-hulled canary seeds that are high in protein and gluten-free and are similar to wheat, oats, and barley have been approved for human use by various government regulatory agencies across the globe as the canary seeds in the early times were used as bird feeds. These developments in the canary seeds are finding its way into the food industry where the canary flours are used in the production of bread, and the whole canary seeds are used in breakfast cereal bars and hence increases the demand for canary seeds globally. According to the Food and Agriculture Organization, Canada, Argentina, Thailand, and Australia are the primary producers of canary seeds. According to Agriculture and Agri-Food Canada, Western Canada is the world's largest producer and export of canary seeds. Saskatchewan is the leading canary seed-producing province in Canada accounting for around 90% of canary seed production, Manitoba is generally the second-largest producer, followed by Alberta. Brazil is the top exporter of canary seeds, followed by huge opportunity and demand seen in the United Kingdom.