The Global Quinoa Market Growth Globally at a rate of 12.9% in the forecast period 2022 to 2029
The universal Global Quinoa Market report is divided into numerous characters which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors. All of these are again described in the report as required to define the topic and provide maximum information for better decision making. A number of estimations and calculations have been included in this market report by assuming a definite base year and the historic year. What is more, the Global Quinoa Market research report also provides a careful investigation of the current state of the market which covers several market dynamics.
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Market Analysis and Insights - Global Quinoa Market
As quinoa becomes more widely available, the global market will be flooded with new opportunities. Quinoa's health benefits have played an important role in market growth and maturity. Several research lines have investigated the properties and health benefits of quinoa, allowing for market growth. The scientific classification of flowering plants has emerged as a critical area of study in botany. This trend, combined with the need to research edible seeds, has become an important market growth dynamic.
Data Bridge Market Research analyses that the quinoa market was valued at USD 61.00 billion in 2021 and is expected to reach the value of USD 161.02 billion by 2029, at a CAGR of 12.9% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Market Definition
Quinoa is a flowering plant that belongs to the amaranth family. It is an herbaceous annual plant grown primarily for its edible seeds, which are high in protein, fibre, B vitamins, and minerals when compared to many grains. Quinoa is a pseudo cereal that originated in northern South America's Andean region and is botanically related to spinach and amaranth (Amaranthus family.). Furthermore, it was originally used to feed animals and for human consumption in the Lake Titicaca region of Peru and Bolivia.
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Key Players Global Quinoa Market
Some of the major players operating in the quinoa market are:
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Blue Lake Milling (Australia)
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Grain Millers, Inc. (U.S.)
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Morning Foods Ltd (U.K.)
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General Mills, Inc. (U.S.)
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Avena Foods Limited (Canada)
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RICHARDSON INTERNATIONAL LIMITED (Canada)
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CEREALTO SIRO FOODS (Spain)
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Premier Nutrition Company, LLC (Germany)
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Nestlé SA (Switzerland)
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Molino Spadoni spa (Italy)
The Global Quinoa Market Size
The quinoa market is segmented on the basis of product, application and certification. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
The global quinoa market faces two major challenges: trade gains and illegal trade. Quinoa is heavily trafficked illegally because selling through government channels is less profitable. According to the Institute of Foreign Trade, approximately 50% of quinoa is illegally traded. It has become a consumer preference, with increasing demand in traditional areas.
This quinoa market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the quinoa market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The Global Quinoa Market Country Level Analysis
The quinoa market is analysed and market size insights and trends are provided by country, of product, application and certification as referenced above.
The countries covered in the quinoa market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The North American quinoa market is the largest in the world, followed by Europe. Popularity for quinoa is increasing due to rising health consciousness and quality food consumption patterns in these regions' developed countries, which contributes to the quinoa market's positive growth. The major quinoa shippers are the United States, China, Saudi Arabia, France, and India. Created trading channels and a preference for high-quality food are also propelling market growth in these countries.
The Global Quinoa Market Share Analysis
The quinoa market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the quinoa market.
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Global Quinoa Market Report Answers the Following Questions:
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How much revenue will the Global Quinoa Market generate by the end of the forecast period?
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Which market segment is expected to have the maximum market share?
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What are the influencing factors and their impact on the Global Quinoa Market ?
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Which regions are currently contributing the maximum share of the overall Global Quinoa Market ?
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What indicators are likely to stimulate the Global Quinoa Market ?
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What are the main strategies of the major players in the Global Quinoa Market to expand their geographic presence?
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