The global Quinoa market value was estimated to be USD 61 billion in 2016 and is expected to grow at a CAGR of nearly 12.9% during the forecast period to reach the valuation of approximately USD 149.3 billion by the year 2026. This report focuses on vital aspects such as the size, share, demand, growth, gross profits, earnings, and revenue to evaluate the rise of the industry in the future. It asses the data gathered from the past years 2016 and 2017 to give an extensive view of the trends and predicts the possible rise of the industry during the years 2019 to 2026 while considering 2018 as the base year.
Quinoa is grown as a grain crop for its edible seeds. It finds its origin in the Andean region (Colombia to the south of Chile), but over the years its production has spread to more than 70 countries. It is pseudocereal, and is not from the grass family unlike wheat and rice, is botanically similar to spinach. It is similar to rice for cooking purposes as it can be cooked and used the same way as rice is used. It is a good source of manganese, copper, phosphorus, magnesium, fiber, folate, zinc, and much more, making it a highly healthy food. Moreover, it is gluten-free. Its major health benefits include the reduction of the risk of cardiovascular diseases and diabetes, and the regulation of blood sugar levels and cholesterol levels.
The health benefits of quinoa and the growing health-consciousness among a majority of the population are the key driving factors of the global market. Its increasing use in food products such as bread, noodles, and breakfast products is another factor boosting the growth of the market. The demand for organic and inorganic products from the cosmetics industry is expected to offer new opportunities for growth during the forecast period.
The growth of quinoa in non-indigenous countries has inflated the concern of food security including the use of unsustainable farming methods and production of the crop in weak ecological systems, which is threatening the sustainability of the producer and may hinder the growth of the market. Another concern of the market is its price, which has witnessed a significant rise during the years 2006 to 2017. This may slow down its sales, especially in emerging economies.
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Market Overview:
There are two key segments in the food and beverage industry. The production and distribution of edible commodities are the two segments in question. The processing of meats and cheeses, as well as the creation of soft drinks, alcoholic beverages, packaged foods, and other modified foods, are all part of production. Foods that were directly produced through farming and other forms of agriculture are not included in the production portion of food and beverage industry because they are covered by agriculture. The term “distribution” refers to the process of getting a finished food product into the hands of customers.
In comparison to agriculture, the industry is significantly more focused on technology and mechanical modification of raw materials to create higher value-added food products. Companies that ship food to retail shops, restaurants, or customers directly are considered distribution.
The Quinoa market has been segmented into key regions of the world and offers an analysis of growth rate, market share, market size, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Quinoa market.
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The Quinoa Market report focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
Key Players covered in this report are
- Adaptive Seeds
- Territorial Seed Company
- Victory Seed Company
- Hancock Seed Company
- The Real Seed Collection Ltd.
- Alter Eco
- Andean Valley Corp
- Quinoa Foods Company
- COMRURAL XXI SRL
- NorQuin
- QUINOABOL
- Keen One Quinoa
- The British Quinoa Company
- Andean Naturals Inc.
- Inca Organics
Based on Product Type market is segmented into:
- Organic
- Inorganic
Based on Application market is segmented into:
- Food Industry
- Cosmetic Industry
- Pharmaceutical industry
Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Points covered in this report are as below:
• The Quinoa industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
• The Quinoa Market report provides key statistics on the market status of the Quinoa manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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