Chia Seed Market with Analysis of Current Trends, 2017-2027 – Find a Market Study

In its report, Future Market Insights (FMI) predicts that the world market for chia seeds will record a CAGR of 5.5% in volume terms during the 2017 to 2027 forecast period. Global seed sales chia will reach nearly 66,000 MT in 2017; By 2027, this number is expected to exceed 100,000 tons. In terms of volume, North America will remain the most lucrative region of the global chia seed market. Chia seed sales in this region are expected to reach nearly 50,000 tonnes by the end of 2027. Chia seed sales in North America and Asia-Pacific excluding Japan (APEJ) are expected to expand parallel to 6.1% CAGR up to 2027, in terms of volume. In addition, Western Europe will continue to be the second largest market for chia seeds over the forecast period, with sales exceeding 10,000 MT from here. the end of 2017.

in recent years. In this region, chia seeds are highly marketed as organic, claiming high nutritional value and labeled as non-GMO. People's fast-paced lifestyle, coupled with eating habits, is changing consumers' preferences for healthy snacks. Snacks with chia seeds, including breakfast bars, offer a variety of health benefits and can be consumed on the run. These factors should stimulate the growth of the chia seed market in North America. However, inadequate regulation in North American countries creates confusion among consumers as to the origin of the chia seed, thus limiting adoption. In addition, the growing presence of substitutes such as flaxseeds, pumpkin seeds, sunflower seeds and hemp seeds is likely to hinder the demand for chia seeds in North America

based on the functional category , is likely to propel the growth of the chia seed market in this region. In addition, rapid digitization has resulted in strong penetration of e-commerce in APEJ countries. Chia seeds have a long shelf life and can be easily packaged as needed. These factors should further stimulate the growth of the chia seed market in APEJ. However, factors such as lack of knowledge about the health benefits of chia seeds and the presence of various competitive substitutes should hinder the growth of the chia seed market in APEJ.

In terms of volume, organic chia seeds will be sought after. the global market, with sales estimated at 5.8% CAGR until 2027. Sales of organic chia seeds will exceed 50 000 tons in 2017. On the other hand, sales of conventional chia seeds will grow sluggishly. throughout the forecast period. Sales of black chia seeds are expected to exceed 40 000 MT in 2017. The demand for brown chia seeds will remain sluggish in the market. By the way, whole chia seeds should retain their dominant position in the world market for chia seeds, with sales that will exceed 60,000 tons by the end of 2027. In addition, sales of chia seeds failed will register a CAGR of 5.2% until 2027. The food and beverage sector will remain the largest end user of chia seeds on the market. The demand for chia seeds by this sector is expected to reach 76 074.3 MT by the end of the year 2027.

The main actors identified in the IMF report are Sesajal SA De CV, Bioglan (PHARM-A-CARE Laboratories Pty., Navitas Naturals, Spectrum Naturals (Celestial Group of Hain), Benexia (Trade in Functional Products S A.), Chia Bia Slovakia, sro, Chia Company, Vega Produce LLC, CHOSEN FOODS INC., Mamma Chia, now Health Group, Inc., Naturkost Übelhör GmbH & Co. KG, AgroBolivie (Negocios Europa Ltd.)

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