Global
Quinoa Seed Market: Overview
Quinoa
seed are edible seeds and belongs to goosefoot genus species. The
quinoa seeds contains proteins and vitamins such as B6, B1, folic
acid, iron, magnesium and phosphorus to be major ones. It also
contains essential amino acids necessary for cell growth. 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. Also, quinoa seeds are used as thickener for soups,
stews etc. The consumption of quinoa seed is increasing beyond
countries such as Bolivia and Peru. For instance, in 2014, Wageningen
University & Research conducted project titled “Salt tolerant
Quinoa for food in Vietnam, China, and Chile” and was honoured with
award of securing water for food programme. Thus, in parts of the
countries with saline soils would be able to cultivate quinoa seeds
with high yield. The global quinoa seed market is expected to expand
at double CAGR growth during the forecast period.
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Global
Quinoa Seed Market: Drivers and Restraints
The
global quinoa seed market is primarily driven by the increasing
demand for high nutritional value food. High content of nutritional
content and also gluten free property drives the global quinoa seed
market. Also, quinoa seed is a great substitute for rice grains as
they contains less starch. The increasing consumers with demand for
rice substitute drives the global quinoa seed market. Besides, quinoa
seed can be grown in saline soils which further fuels the quinoa
seeds growers. Besides, high yield of quinoa seeds with low
production costs boots the global quinoa seeds market.
Global
Quinoa Seed Market: Segmentation
On
the basis of quinoa seed variety, quinoa seed market is segmented
into:-
- Red quinoa seeds
- Black quinoa seeds
- Whole grain white quinoa seeds
On
the basis of quinoa seed type, quinoa seed market is segmented into:-
- Organic
- Inorganic
Global
Quinoa Seed Market: Region wise Outlook
The
global
quinoa seed market is divided into seven regions, namely North
America, Latin America, Asia Pacific excluding Japan (APEJ), Western
Europe, Eastern Europe, Japan and Middle East and Africa (MEA). South
America holds major share in the of quinoa seed market in terms of
production with Bolivia, Peru and Ecuador to be important production
countries. Also, North America is projected to exhibit increased
demand during the forecast period. Followed by North America is
Europe and APAEJ. In Europe, The Dutch Quinoa Group B.V. a
Netherlands based company engaged in processing and marketing of
quinoa has wide spread presence across Europe. The global quinoa
market is expected to grow at a relatively high CAGR during the
forecast period.
Global
Quinoa Seed Market: Key Players
Some
of the key players identified in the global quinoa seed market
includes:
- Sociedad Industrial Molinera
- Quinoa Foods Company
- The British Quinoa Company
- Quinoabol
- Comrural XXI S.R.L.
- Northern Quinoa Production Corporation
- Ancient Harvest
- Andean Naturals Inc
- Andean Valley S.A.
- Irupana Andean Organic Foods
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