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Quinoa Seeds Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
The Quinoa Seeds market analysis the production, consumption, trade in terms of import and export and price trend analysis of quinoa across the globe and is segmented by Geography (North America, Europe, Asia Pacific, South America and Africa).
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2016 - 2026
Base Year:
2020
Fastest Growing Market:
North America
Largest Market:
South America
CAGR:
5.1 %
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Market Overview
The global quinoa seeds market is projected to register a CAGR of 5.1% during the forecast period 2020-2025. Changing consumption patterns and increasing health awareness, especially in European countries, are resulting in higher demand for quinoa seeds. However, price fluctuations and pesticide residue levels are holding back the growth of quinoa seeds. 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. COVID-19 has affected the global quinoa seeds market in three main ways (i.e) by directly affecting production and demand in the domestic as well as international market, by creating supply chain and market disruption, and by its financial impact on firms and financial markets operating in the segment. This trend is anticipated to hamper the market growth further if the pandemic restrictions are to be extended to the third quarter of 2021.
Scope of the Report
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. The Quinoa Seeds market analysis the production, consumption, trade in terms of import and export and price trend analysis of quinoa across the globe and is segmented by Geography (North America, Europe, Asia Pacific, South America and Africa).
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Key Market Trends
Changing Consumption Patterns and 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. Recent technological developments and research into seed varieties have 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. Hence, the change in the consumption pattern across the globe followed by increased awareness about the seed is anticipated to drive the market during the forecast period.
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South America Dominates the Market
South America is the leading producer of quinoa seeds, specifically Peru and Bolivia, which are leading the charge. In the South American region, quinoa is consumed as a staple food. For many years, the local-level of consumption and cultivation rates have been changing. Despite its wider adaptability, most of the quinoa production occurs in Southern Peru and Northern Bolivia. However, there is a decreasing trend in the domestic production of quinoa over the past two years. The consumption of quinoa is expected to increase in Brazil as the number of vegan consumers opting for non-animal product-based foods has increased by 40% over last year. This could drive the demand for healthier cereals comprised of brown rice, quinoa, amaranth etc. Going forward, the application segment of Quinoa might witness the demand of its husk across the cosmetics segment in the region, where brands such as Loreal Luxury Range have launched the Kiehl’s Nightly Refining Micro-Peel Concentrate that is used as a night treatment and refines the texture of skin.
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Table Of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions and Market Definition
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
5.1 Geography
5.1.1 North America
5.1.1.1 United States
5.1.1.1.1 Production Analysis
5.1.1.1.2 Consumption Analysis and Market Size
5.1.1.1.3 Import Analysis (Volume and Value)
5.1.1.1.4 Export Anlysis (Volume and Value)
5.1.1.1.5 Price Trend Analysis
5.1.1.2 Canada
5.1.1.2.1 Production Analysis
5.1.1.2.2 Consumption Analysis and Market Size
5.1.1.2.3 Import Analysis (Volume and Value)
5.1.1.2.4 Export Anlysis (Volume and Value)
5.1.1.2.5 Price Trend Analysis
5.1.2 Europe
5.1.2.1 Germany
5.1.2.1.1 Production Analysis
5.1.2.1.2 Consumption Analysis and Market Size
5.1.2.1.3 Import Analysis (Volume and Value)
5.1.2.1.4 Export Anlysis (Volume and Value)
5.1.2.1.5 Price Trend Analysis
5.1.2.2 United Kingdom
5.1.2.2.1 Production Analysis
5.1.2.2.2 Consumption Analysis and Market Size
5.1.2.2.3 Import Analysis (Volume and Value)
5.1.2.2.4 Export Anlysis (Volume and Value)
5.1.2.2.5 Price Trend Analysis
5.1.2.3 France
5.1.2.3.1 Production Analysis
5.1.2.3.2 Consumption Analysis and Market Size
5.1.2.3.3 Import Analysis (Volume and Value)
5.1.2.3.4 Export Anlysis (Volume and Value)
5.1.2.3.5 Price Trend Analysis
5.1.2.4 Spain
5.1.2.4.1 Production Analysis
5.1.2.4.2 Consumption Analysis and Market Size
5.1.2.4.3 Import Analysis (Volume and Value)
5.1.2.4.4 Export Anlysis (Volume and Value)
5.1.2.4.5 Price Trend Analysis
5.1.2.5 Russia
5.1.2.5.1 Production Analysis
5.1.2.5.2 Consumption Analysis and Market Size
5.1.2.5.3 Import Analysis (Volume and Value)
5.1.2.5.4 Export Anlysis (Volume and Value)
5.1.2.5.5 Price Trend Analysis
5.1.3 Asia Pacific
5.1.3.1 China
5.1.3.1.1 Production Analysis
5.1.3.1.2 Consumption Analysis and Market Size
5.1.3.1.3 Import Analysis (Volume and Value)
5.1.3.1.4 Export Anlysis (Volume and Value)
5.1.3.1.5 Price Trend Analysis
5.1.3.2 Australia
5.1.3.2.1 Production Analysis
5.1.3.2.2 Consumption Analysis and Market Size
5.1.3.2.3 Import Analysis (Volume and Value)
5.1.3.2.4 Export Anlysis (Volume and Value)
5.1.3.2.5 Price Trend Analysis
5.1.3.3 India
5.1.3.3.1 Production Analysis
5.1.3.3.2 Consumption Analysis and Market Size
5.1.3.3.3 Import Analysis (Volume and Value)
5.1.3.3.4 Export Anlysis (Volume and Value)
5.1.3.3.5 Price Trend Analysis
5.1.4 South America
5.1.4.1 Brazil
5.1.4.1.1 Production Analysis
5.1.4.1.2 Consumption Analysis and Market Size
5.1.4.1.3 Import Analysis (Volume and Value)
5.1.4.1.4 Export Anlysis (Volume and Value)
5.1.4.1.5 Price Trend Analysis
5.1.4.2 Argentina
5.1.4.2.1 Production Analysis
5.1.4.2.2 Consumption Analysis and Market Size
5.1.4.2.3 Import Analysis (Volume and Value)
5.1.4.2.4 Export Anlysis (Volume and Value)
5.1.4.2.5 Price Trend Analysis
5.1.4.3 Peru
5.1.4.3.1 Production Analysis
5.1.4.3.2 Consumption Analysis and Market Size
5.1.4.3.3 Import Analysis (Volume and Value)
5.1.4.3.4 Export Anlysis (Volume and Value)
5.1.4.3.5 Price Trend Analysis
5.1.4.4 Bolivia
5.1.4.4.1 Production Analysis
5.1.4.4.2 Consumption Analysis and Market Size
5.1.4.4.3 Import Analysis (Volume and Value)
5.1.4.4.4 Export Anlysis (Volume and Value)
5.1.4.4.5 Price Trend Analysis
5.1.5 Africa
5.1.5.1 South Africa
5.1.5.1.1 Production Analysis
5.1.5.1.2 Consumption Analysis and Market Size
5.1.5.1.3 Import Analysis (Volume and Value)
5.1.5.1.4 Export Anlysis (Volume and Value)
5.1.5.1.5 Price Trend Analysis
6. MARKET OPPORTUNITITES AND FUTURE TRENDS
7. AN ASSESSMENT OF THE IMPACT OF COVID-19
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