Quinoa Seeds Market: Regional Analysis and Business Opportunity and Global Scope by Forecast 2019 to 2023

Food

 

Marker Scenario and Key Restraints:

Based on type, the global quinoa seeds market has been segmented into white, black, and red. The white segment is anticipated to gain the largest revenue share in the global quinoa seeds market and shall maintain lead throughout the forecast period. White quinoa seeds are widely available and are being used in various food items such as salads, sauces, and sweet and savory snacks. Increasing prices in the global market as result to strong demand have encouraged food & beverage manufacturers to switch to quinoa from other crops. This is a crucial determinant that is catalyzing the growth of white segment in the global quinoa seeds market. The same segment is expected to grow with the highest growth rate owing to the growth of end-use industries such as food & beverage and personal care in which white quinoa seeds is used.

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Key Players:

Some of the key players in the global quinoa seeds market are Quinoa Foods Company (Bolivia), Northern Quinoa Production Corporation (Canada), Andean Valley Corporation (Bolivia), Quinoa Corporation (US), Keen One Foods LLC (US), The British Quinoa Company (UK), The Hain Celestial Group (US), Dutch Quinoa Group BV (Netherlands), Andean Naturals Inc. (US), Inca Organics (Australia).

Segmentation:

The Global Quinoa Seeds Market Has Been Segregated, by application, into food & beverages, personal care, pharmaceuticals and others. The food & beverage segment is projected to gain largest share in the global quinoa seeds market due to the major application of quinoa seeds in bakery and confectionery, sweet and savory snacks, breakfast cereals, and others. The high protein content and antioxidant activity of quinoa seeds categorizes it as superfoods and play a vital role in various dishes. However, the personal care segment is anticipated to grow with the highest growth rate during the forecast period. The significant increase in demand in personal care industry is due to its vitamin B12 (Cobalamin) content, which help maintain the skin complexion. Additionally, the vitamin B3 (niacinamide) in quinoa, aids in treating acne by soothing the inflamed and red areas during acne breakouts

Regional Analysis:

The global quinoa seeds market has been segmented on the basis of region, into North America, Europe, Asia-Pacific, and Rest of the World.

 

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