Europe Chia Seeds Market - Competitive landscape analysis
As per the syndicated report published by Market Data Forecast Europe Chia Seeds Market which is estimated to be USD 91.7 million in 2016 is poised to reach USD 513.5 million by 2021, at a CAGR of 41.30% from 2016 to 2021.
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It can be attributed to the factors such as increasing interest in nutritious food, continuous innovations and development, awareness about health and restrictions on GMO’s. However certain challenges like no production in Europe and relying on import, must be dealt with to attain the full potential.
The European chia seeds market share is much lesser than North America and Asia Pacific but still is predicted to grow rapidly. Chia seeds are the greatest plant based source for omega 3, proteins and dietary fibers which can be eaten raw, thus they have an enormous potential in the European market to become one of the best-selling products in health food.
Chia seeds are one of the largest emerging food supplements with several nutrients contents and are extensively used for making cereals, pasta, smoothies, salads etc. People started using such types of ingredients, which were supposed to be unusual few years back. They can also be taken even as raw seeds or by making pods out of them.
Europe Chia Seeds Market is segmented based on type, application and colour as mentioned below for attaining a more granular perspective of the market. In the report, each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Type:
- Chia seed Oil
- Whole Chia Seeds
- Ground Chia
- Chia Bran
Based on Application:
- Nutraceuticals
- Food
- Bakery
- Breakfast Cereals
- Soups & Gravies
- Beverages
Based on Colour:
- White
- Black
- Brown
Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe). As per the study France is poised to hold the major market share while Germany is the fastest growing market in this region.
Navitas Naturals Organic Chia Seeds, Spectrum Essentials Chia Seeds, Garden of Life Organic Chia Seed, Health Works Chia Seeds, Bob's Red Mill Chia Seeds, Benexia, Nutiva Organic Chia Seed, Terrasoul Superfoods Organic Chia Seeds, Tru roots organic chia seeds, Chiatrition Chia Seeds, Naturkost Übelhör and Glanbia Nutritionals are the major players operating in the Europe Chia Seeds Market.
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