Quinoa Market was valued at US$ 207.37 Bn. in 2029. The global Quinoa Market size is estimated to grow at a CAGR of 12.4% over the forecast period.

Quinoa Market Overview:

The Quinoa Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry's top rivals. The research scope covers a complete analysis of the Quinoa Market, as well as the causes for variances in the industry's growth in various places.

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Quinoa Market Scope:

To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.

Quinoa Market Drivers:

Quinoa is an edible seed that has become increasingly popular owing to the health benefits it provides. It is loaded with many important nutrients including fiber, protein, folate, and magnesium. Quinoa has emerged as a healthy alternative it has already taken rice place in many recipes. Besides the use for human consumption, quinoa seed has uses in livestock and poultry feed the whole plant is used as green fodder and harvest residues can be used fed to the animals. Bolivia and Peru are the two major quinoa producers in the world which produce more than 80% of quinoa in the world.

The global quinoa market has limited supply and requires certain conditions for the cultivation of quinoa are the major restraint of this market. Due to its nutritional value with several health benefits, the demand for quinoa is increasing which gives rise to a surge in prices for the product. Domestic prices for quinoa are increased because of the success of exports, making consumption more difficult for many individuals in the domestic, market.

The major challenge of the global quinoa market is trade gains and illegal trade. There is a high degree of illegal trafficking of quinoa because selling through government channels is not as profitable. According to the institute of foreign trade about 50% of quinoa is illegally trafficked. It has become a consumer’s preference and increasing demand has developed in traditional areas.

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Quinoa Market Segmentation:

by Type

Organic
Inorganic

by Application

Food industry
Cosmetic industry
Pharmaceutical industry

by End Use

Ingredient
Packaged

by Distribution Channel

Supermarkets/Hypermarkets
Departmental Stores
Online Retail Stores
Others

Quinoa Market Key Players: The key players are

North America
RICHARDSON INTERNATIONAL LIMITED
Avena Foods Limited
General Mills, Inc.
Grain Millers
Hancock seed company
Andean Naturals Inc.
Keen One Quinoa
NorQuin
NorQuin
Victory Seed Company
Alter Eco
Territorial Seed Company
Adaptive Seeds

Europe
CEREALTO SIRO FOODS
Molino Spadoni spa
Nestlé SA
Premier Nutrition Company, LLC
CEREALTO SIRO FOODS
Morning Foods Ltd
The British Quinoa Company
The Real Seed Collection Ltd
Quinoa Foods Company

Asia Pacific
Blue Lake Milling
Inca Organics

Regional Analysis:

Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Quinoa market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

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COVID-19 Impact Analysis on Quinoa Market: The report also includes a detailed analysis of COVID-19 on the Quinoa market.

Key Questions Answered in the Quinoa Market Report are:

  • Which sub-segment had the largest share in the Quinoa market?
  • How is the competitive landscape of the Quinoa market in 2023?
  • Which are the key drivers impacting the Quinoa market growth?
  • Which region holds the maximum share in the Quinoa market?
  • What will be the CAGR of the Quinoa market during the forecast period (2023-2029)?

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