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Europe Quinoa Seeds Market is segmented based on the Regional Production, Consumption, and Trade in terms of Import and Export during the forecast period 2020-2025
The European Quinoa seeds market is estimated to grow at a CAGR of 9.1% during the forecast period 2016-2025. The popularity of the quinoa crop as an alternative to cereals is increasing in the European region due to its high nutritional value, as it contains most of the essential amino acids and is free of gluten. Spain and the UK are two of the largest quinoa consuming regions in Europe. At around 22% of the European market share, the UK is one of the major countries for quinoa in Europe.
The substantial increase in production of quinoa, especially in Peru, and the in-house production in Europe has decreased the price of the seeds in the region; however, the lower prices have not benefitted the consumers. It is predicted that the fall in quinoa prices in the near future will drive the market growth by making seeds more affordable to the customers and the processing industry. The pesticide residues beyond the FDA limit in quinoa seeds are raising concerns in both importing and exporting nations and are negatively affecting the growth of the market.
Quinoa is a type of cereal crop and is most widely used for its edible seed, which is gluten-free, high in protein, and is a good source of fiber. The commodity has more than 3,000 varieties, but only a few have been commercialized as of now. All the seeds have diverse characteristics, but its color, saponin level, and growth climate are the major properties considered during the trade of quinoa seeds
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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.
There are many reasons to explain the increasing demand, including the high nutritional value of quinoa and its derivatives, increasing consumer awareness for healthy diets, its gluten-free nature, organic production and various applications of quinoa in the food and beverage industry. Additionally, the availability of the product in the domestic and international markets is very favorable due to low tariffs, few phytosanitary barriers and preferential mechanisms adopted by the major as well as the minor importers.
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The growing international demand for quinoa and quinoa-derived products is reflected by the rapid increase in the cultivated area for this crop and Production quantity. Among European countries, France is the largest market, followed by Germany, Spain, and the United Kingdom. The increase in quinoa production in the region is expected to lead to a reduction in quinoa import prices. It is expected that the lowering of quinoa prices, will boost the market growth in the region by making quinoa more affordable to consumers and the processing industry. During the forecast period, the production of Quinoa seed in Europe has seen a growth of 95.93% from 2313.85 MT in 2016 to 24510.93 MT in 2020. This increase in Production determines that there is a constant increase in the demand for Quinoa seeds in the domestic as well as foreign countries.
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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
5. MARKET SEGMENTATION
184.108.40.206.1 Production Analysis
220.127.116.11.2 Consumption Analysis, Market Value and Price Trend
18.104.22.168.3 Import Market Analysis (Volume and Value)
22.214.171.124.4 Export Market Analysis (Volume and Value)
126.96.36.199.5 Price Trend Analysis
188.8.131.52 United Kingdom
184.108.40.206.1 Production Analysis
220.127.116.11.2 Consumption Analysis, Market Value and Price Trend
18.104.22.168.3 Import Market Analysis (Volume and Value)
22.214.171.124.4 Export Market Analysis (Volume and Value)
126.96.36.199.5 Price Trend Analysis
188.8.131.52.1 Production Analysis
184.108.40.206.2 Consumption Analysis, Market Value and Price Trend
220.127.116.11.3 Import Market Analysis (Volume and Value)
18.104.22.168.4 Export Market Analysis (Volume and Value)
22.214.171.124.5 Price Trend Analysis
126.96.36.199.1 Production Analysis
188.8.131.52.2 Consumption Analysis, Market Value and Price Trend
184.108.40.206.3 Import Market Analysis (Volume and Value)
220.127.116.11.4 Export Market Analysis (Volume and Value)
18.104.22.168.5 Price Trend Analysis
22.214.171.124.1 Production Analysis
126.96.36.199.2 Consumption Analysis, Market Value and Price Trend
188.8.131.52.3 Import Market Analysis (Volume and Value)
184.108.40.206.4 Export Market Analysis (Volume and Value)
220.127.116.11.5 Price Trend Analysis
6. MARKET OPPORTUNITIES AND FUTURE TRENDS