About Quinoa Seed
Quinoa seed, an edible seeds and belongs to goosefoot genus species, contains proteins and various vitamins including B6, B1, folic acid, iron, magnesium and phosphorus. The quinoa seeds are mostly covered with saponin which is bitter in tastes and thus protects it from insects and birds. With new advanced techniques in agro industries, these coatings can be removed in order to make quinoa seed ready to eat type. Mostly quinoa seeds are consumed as breakfast cereal. 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.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that Bolivia Vendors will contribute the maximum growth to Global Quinoa Seed market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Andean Valley Corporation (Bolivia), Alter Eco (France), COMRURAL XXI (Bolivia), Irupana Andean Organic Food (Bolivia), The British Quinoa Company Ltd. (United Kingdom), Northern Quinoa (Canada), Quinoa Corporation (United States), Highland Farm Foods (Canada), Arrowhead Mills (United States) and Quinoabol (Bolivia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Quinoa Foods Company (Bolivia) and Big Oz (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Quinoa Seed market by Type (Organic and Inorganic), Application (Direct Edible, Reprocessing Products and Others) and Region.
On the basis of geography, the market of Quinoa Seed has been segmented into South America (Brazil, Argentina, Bolivia, 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). If we see Market by Varieties of Quinoa Seed, the sub-segment i.e. Black will boost the Quinoa Seed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2020, Ardent Mills has announced the complete acquisition of Andean Naturals' quinoa sourcing, cleaning and packaging operations in Yuba City, California. The acquisition is expected to help Ardent Mills enter the organic quinoa seed market.
In 2020, Candid Holdings, a US-based brand, has announced the launch of a line of chocolate snacks made from upcycled cacao beans and organic quinoa. This product is available in 4 flavors: Pineapple & Coconut, Banana & Nibs, Golden Berry Turmeric & Mango, and Mango & Cinnamon.
Market Drivers
- The Growth in the Demand of High Nutritional Value Food Globally
- Increasing Consumer Inclination Towards High Content of Nutritional Content and Gluten Free products
Opportunities
- Increasing Awareness Regarding both Health and Environment among the Consumers
- High Yield of Quinoa Seeds with Low Production Costs
- Great Substitute for Rice Grains as they Contain Less Starch
Restraints
- Limited Production of Quinoa Seeds
Key Target Audience
Quinoa Seed Producers, Quinoa Seed Suppliers/Distributors, End User and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.