Chia Seeds Market - North America Industry Growth, Trends and Forecasts (2017 - 2022)

Market Insights

The North American chia seeds market is expected to reach USD XX million by 2022 from USD 30 million in 2017, registering a CAGR of XX% during the forecasted period, from 2017 to 2022. Chia seeds are grain seeds with various nutritional properties. Chia seeds are rich in omega-3, fiber, and protein, are a good source of minerals and are gluten-free. Currently, due to the high demand and relatively low supply of chia seeds, the value of chia and chia-containing products is much higher as compared to canola, soy and flax seeds.

Market Dynamics

The US is the largest chia seed market and it imports more than 15,000 tons of chia seeds annually. The import of chia seeds in the US has increased 7.5 times since 2011. In 2013, North America witnessed a huge number of new chia seed-based food and beverage launches, with the US accounting for 47% of launches and Canada for 18% of the launches. It is forecasted that the demand for chia-based products is going to increase due to the increasing awareness for superfoods in the region.

The report provides an in-depth analysis of the North American chia seeds market. The study discusses the scope, size, and growth of the industry. The forecasts illustrate the five-year industry performance, y-o-y growth rates, and market analysis for the studied period.

The report throws light on the competitive environment and players’ performance and also includes statistical analysis and assumptions of the market’s historical data. The study covers production, consumption, exports and imports, market value, price dynamics and seasonality factors. The trade data interpretation provides a better understanding and enables one to identify and understand the market trends and growth prospects.

The North American chia market report covers the following information –

• Chia production
• North American consumption
• North American trade (export-import) scenario and statistics
• Major enterprises and traders operating in the market
• Price trend and seasonality of the crop
• Future outlook of the crop market

Stakeholders who would benefit -

• Chia growers
• Enterprises providing agricultural inputs
• Traders and companies operating in the segment
• Crop processing companies
• Crop importers and exporters
• Investors/research institutions interested in the crop market