In the dynamic landscape of the Global Quinoa Seeds Market Share, Size, Analysis, Trends, Report and Forecast 2023-28. A recent research report by MarkNtel Advisors sheds light on the industry insights, covering the historical period of 2018-2021, the base year of 2022. This comprehensive report provides unbiased, accurate, and reliable information on current trends, growth drivers, challenges, opportunities, restraints, recent developments, as well as a thorough analysis of all distributors and suppliers in the industry.
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Introduction
Anticipated to demonstrate notable expansion, the Quinoa Seeds Market is poised to achieve substantial growth with an estimated Compound Annual Growth Rate (CAGR) of approximately 4.7% from 2023 to 2028, as per the projections. This analysis aims to present the various factors influencing the industry, both positive and negative, while enlightening stakeholders about the changing market dynamics. It empowers them to make informed decisions and develop effective strategies based on reliable data in the coming years.
Comprehensive Description & Market Overview
This section provides a detailed understanding of essential data associated with the trends, developments, and other factors influencing the rise and fall of the Quinoa Seeds Market. It offers insights into the evolving landscape, helping readers grasp the market’s current scenario.
Investments by Players & Governments
Here, we provide a snapshot of key investments made in the industry by prominent players and governments. By highlighting their roles and participation across regions, we aim to elucidate the market expansion and the impact of these investments on the overall market growth.
Recent Developments in the Market
- In May 2022, Above Food Corp. announced its plans to acquire Northern Quinoa Production Corp. (NorQuin), one of North America’s largest quinoa suppliers. With this acquisition, Above Food Corp. aims to integrate NorQuin’s class-leading genetic capabilities & grower programs into its Disruptive Agriculture business, which, in turn, will provide significant scale to NorQuin’s existing grower infrastructure while applying the team’s expertise in genetics & plant-breeding to a wider base of proteins.
- In February 2020, Ardent Mills acquired the quinoa business of Andean Naturals in Yuba City & California for an undisclosed sum. This acquisition is likely to boost & accelerate Ardent Mills’ quinoa & grain business.
Segmentation & Geographical Analysis
This section delves into the highly fragmented Quinoa Seeds Market, presenting insights into its expansion across different segments and geographies. We provide information on the potential of each segment and region over the forecast years, offering a comprehensive view of the market’s growth prospects.
-By Type
- White
- Red
- Black
-By Application
- Food & Beverages
- Personal Care
- Pharmaceuticals
-By Category
- Organic
- Inorganic
-By Distribution Channel
- Offline
- Online
-By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Market Dynamics
In this section, we exhibit the changing dynamics of the Quinoa Seeds Market. We provide unbiased data on challenges and opportunities encountered by the leading players in the industry. Moreover, we analyze the strategies adopted by these companies to sustain and expand their visibility, profits, and customer base in the market.
Key Driver: Increased Health Consciousness and Changing Dietary Patterns
The Global Quinoa Seeds Market is projected to be driven mainly by changing consumption habits and growing health awareness in people. Quinoa is rich in nutrients and provides several health benefits, which is why this high-fiber, gluten-free product is extremely popular among health-conscious consumers. The mounting use of quinoa in food products like noodles, bread, & pasta is also spurring growth in the market. Moreover, the rising consumer interest in organic & natural cosmetic products and the surging consumption of quinoa in breakfast foods are other prominent aspects likely to boost the market in the coming years.
Growth Restraint: Price Fluctuations, Illegal Trade, & Easy Availability of Protein-based Food Products
Quinoa is heavily trafficked illegally worldwide since selling it through government channels is less profitable for producers. This, coupled with fluctuations in prices, limited production, & growing availability of numerous protein-based food products, are the prime aspects projected to hamper the growth of the Global Quinoa Seeds Market during 2023-28.
Competitive Analysis
Extensive profiling of the leading players in the Quinoa Seeds Market is presented in this section. We highlight their key strategies, product/service portfolio, expansion plans, recent developments, mergers and acquisitions, and opportunities they have utilized to attain profit margins in the market.
Some of the most prominent companies operating in this market include:
- Andean Naturals Inc. (Ardent Mills)
- Arrowhead Mills Inc.
- Big Oz
- Hancock
- Heritage Harvest Seed
- Highland Farm
- Irupana Andean Organic Food S.A
- Northern Quinoa
- Quinoa Corporation
- Quinoa Foods Company SRL
- Quinoabol SRL
- Real Seed
- Territorial Seed Company
- The British Quinoa Company Ltd.
- Victory Seeds
- Others
Customization Services
While “Quinoa Seeds Market, Analysis, 2023-28” provides a comprehensive analysis of the industry, covering all relevant aspects, we also offer customized reports to meet the unique requirements.
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