The world market for chia seeds is expected to grow the most until 2023 – IDA Report

The report covers the detailed perspectives of competition, including market share and profiles of key players in the global market. The key players described in the report with the company profile include tasks such as company summary, financial summary, business strategy and planning, SWOT analysis and ongoing developments.

The market for chia seeds gives the scope of the report includes a detailed study of the Chia seed market with the reasons given for variations in the growth of the industry in some regions.Global Chia Seed Market – Analysis of Growth, Trends and Forecasts (2018-2023)

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Data from Chia Seed's market reports, imports, exports and revenues are also growing in the forecast period until 2023. The main players and brands are embarking on product launches, studies, their joint ventures, their mergers and charges, and obtain conclusive results. The report describes the development of the industry by global development of the industry, key companies, as well as type and market segment applications, etc., and constitutes a genuine forecast for the sector's prospects development based on an analysis. Finally, Chia Seed Market analyzes the investment opportunities in the sector at the end of the report. Chia Seed Market Report provides strategists, advertisers and executives with the basic data they need to evaluate the global Chia seed market. In addition to the deliberate dismantling of the key small-scale market, the report also addresses the drivers, restrictions, openings and challenges of the sector in the Chia seed market. This review report provides an in-depth analysis of the market measure (income), the sector as a whole, actual market shares and various geographical locations, as well as indicators for the next five years, the main players in the market. market and industry trends. Likewise, it focuses on key factors, restrictions, openings and difficulties.

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The global chia seed market is expected to reach 2.95 billion USD by 2023, while recording a CAGR of 40.6% over the forecast period. North America is the largest market for chia seeds, while a large portion of chia seeds comes from the Latin American region. Europe also promises to be an exciting market, especially after the European Commission approves the use of chia as a food ingredient. Bolivia, Argentina and Ecuador are the main producers of chia, while Mexico, Australia and Argentina are also important producers.

Change the consumption model

The pattern of global food consumption is changing and people are moving towards healthy dietary patterns. Chia is referred to as "superfood" (ie nutrient-rich foods considered particularly beneficial to health and well-being). The EU has recognized the importance of chia in 2009 and has authorized the use of chia as a food ingredient in food products. Initially, it limited the use of chia to 5% in food products, but in 2013, the limit of use of chia was increased to 10% for various products.
Chia seeds are also a source of fiber, rich in many vitamins and minerals and are naturally gluten free. These features make it the ideal product for vegan / vegetarian diets, thus generating a renewed interest for the consumer.
The gluten-free appearance of chia seeds also arouses a keen interest among consumers with gluten intolerance (celiac disease) or those who simply avoid consuming gluten.

No substitute for Chia

In the current food market, chia should not compete with another commodity that could substitute for chia and provide the same nutritional values ​​and health benefits as subsequent offerings. This increases the farmers' interest in chia production on a larger scale, thus favoring the demand for chia seeds.

Main developments on the market

The chia seed market is experiencing staggering growth due to changing consumption patterns and the acceptance of chia as a food ingredient by governments of various countries.
• March 2017: Mamma Chia, a leading private company in the chia seed market, introduced three new flavors into its Chia Vitality beverage range.
July 2017: Drink Wow, a company whose product portfolio is based on chia, launched its first chia seed drink on the market. In 2015. The drink is the first chia-based product in the EU countries. In September 2015, Drink Wow obtained permission to produce chia products.

MAJOR PLAYERS: CHIA SOCIETY, KUNCHIA SOCIETY, MAMMA CHIA, BOBA RED & MILL CHIA GRAINS, NUTIVA, BENEXIA, INTERNATIONAL BESTGROUND, CHIA CORP, NATURKOST à BELHà† R, CHIATRITIONCHIA SITES, LIFE GARDEN, GLANBIA, HAINCELESTIAL , HEALTH WORK, MAMMA CHIA, NAVITAS NATURALS

Reasons to buy this report

 ¢ Trend analysis and market forecasts for chia seeds
Analysis of various market perspectives with the help of analysis of Porter's five forces
 ¢ Analysis of the main factors affecting the chia seed market
à ¢ â,¬Â ¢ Regional Market Analysis
Comprehensive competitive analysis with market strategies adopted by the main market players
                    Analyst support with the market valuation sheet in Excel. Customizing the report
Countries in which clients are interested may be included in the report depending on the feasibility of the report.
Companies that are of interest to clients may be included in the report depending on the feasibility of the report.

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Chia seed market forecast for 2018-2023

The research report of the seed industry of Chia exhaustively analyzes the status of supply, sales, production and market.. The market shares of production and sales are analyzed, as well as the study of capacity, production, sales and revenues. Several other factors such as imports, exports, gross margin, prices, costs and consumption are also analyzed in the Analysis of Production, Supply, Sales and Seed Market Status section. from Chia.

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