Market Size of South America Quinoa Seeds Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 12.50 % |
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South America Quinoa Seeds Market Analysis
The value of consumption of quinoa seeds in South America is projected to grow at a CAGR of 12.5% during the forecast period (2020-2025).
- The increase in regional exports of Quinoa due to a change in consumption patterns as consumers are shifting toward healthier and gluten-free diets. However, the downward fall in Quinoa prices globally due to surplus production in the region are some of the factors restraining the market growth for quinoa seeds.
- Peru and Bolivia are expected to dominate the quinoa seed market both in terms of production and export during the forecast period. North America has been the largest importer of Quinoa seeds followed by Europe. France remains to be the leading importer of quinoa seeds in Europe, followed by the Netherlands and Germany.
