What is Chia Seed Oil Market?
Chia seed oil is the oil extracted from chia seeds. It's rich in skin-strengthening fatty acids, vitamin B3, and zinc, which helps to unclog pores. It's naturally one of the lighter oils, so it absorbs quickly into the skin without making one look like a grease ball. Not to mention, it has the highest level of antioxidants out of any other oil, so to say it’s healthy is an understatement. It can help fight irritation, UV damage and even tackle stubborn blemishes. Plus, its high concentration of omega-3 and omega-6 fatty acids actually help build collagen, which is key for maintaining a youthful glow.
Highlights from Chia Seed Oil Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Benexia Europa S.A. (Belgium), The Chia Co. (United States), Chia Bia Slovakia s.r.o. (Slovakia), Naturkost Übelhoer GmbH & Co. (Germany), ChiaCorp (United States)Bob's Red Mill (US), Glanbia plc (Ireland), Barlean's (United States), Navitas Organics (United States), Spectrum Organics Products LLC (United States), Garden of Life (United States), Mamma Chia LLC (United States) and Mother India Organics and Naturals Pvt. Ltd. (India) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Chia Seed Oil market throughout the forecasted period.
Benexia Europa S.A. (Belgium), The Chia Co. (United States), Chia Bia Slovakia s.r.o. (Slovakia), Naturkost Übelhoer GmbH & Co. (Germany), ChiaCorp (United States)Bob's Red Mill (US), Glanbia plc (Ireland), Barlean's (United States), Navitas Organics (United States), Spectrum Organics Products LLC (United States), Garden of Life (United States), Mamma Chia LLC (United States) and Mother India Organics and Naturals Pvt. Ltd. (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Organic India (India), Agropecuaria Chia Corp Bolivia SA. (Bolivia), Bagrrys India Limited (India) and Sakata Seed Corporation (Japan). Chia Seed Oil Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care & Cosmetics and Others |
Nature | Organic,Conventional |
Form | Whole Chia Seeds,Powdered Chia Seeds,Chia Seed Oil |
Distribution channel | Direct sales,Indirect sales |
On the basis of geography, the market of Chia Seed Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Popularity of Chia Seeds Among Consumers
Market Growth Drivers:
Health Benefits of Chia Seed Oil and Increasing Industrial Application of Chia Seeds
Challenges:
Lack of Awareness About Chia Seed Oil
Restraints:
Fluctuating Raw Material Prices
Opportunities:
Increased Demand for Chia Seeds Growers and Helping the Entry of New Market Players and The Popularity of Organic Chia Seeds Among Health-Conscious Consumers
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others
Market Leaders & Development Strategies
In 2017, Glanbia acquired Amazing Grass, a US-based company that specializes in organic plant-based nutritional products. This acquisition allowed Glanbia to expand its presence in the plant-based nutrition market.
In 2021, Barlean's launched an organic chia seed oil, which is high in omega-3 fatty acids and antioxidants. The oil is made from non-GMO chia seeds and is cold-pressed to preserve its nutrients.
Chia seed oil is typically classified as a food ingredient or dietary supplement, and its regulation is often overseen by the relevant food regulatory authorities. In the United States, the Food and Drug Administration (FDA) is responsible for regulating food products, including chia seed oil. The FDA sets standards for labeling, safety, and manufacturing practices for food ingredients.