#Chenopodium Quinoa Seeds Market Segmentation

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2021 Analysis and Review:  Quinoa Seeds Industry by Product Type- 2021-2027

Market Overview

Quinoa seeds belong to Chenopodium (Goosefoot) family, it is cultivated in alcaline soil, in colder climates during the year, and in less quantity of water. Quinoa seeds is produced on a large scale in Argentina, Chile, Ecuador, Bolivia, Colombia and Peru. Quinoa seeds help in improving metabolism, enhances digestive health, alleviating blood pressure, and reducing fat accumulation in the human body. Thus, considering these factors, quinoa seeds market is expected witness high growth in forecast period.

 Based on type, the global quinoa seeds industry has been segmented into white, black, and red. The white segment is anticipated to gain the largest revenue share in the global quinoa seeds market and shall maintain lead throughout the forecast period. White quinoa seeds are widely available and are being used in various food items such as salads, sauces, and sweet and savory snacks. Increasing prices in the global market as result to strong demand have encouraged food & beverage manufacturers to switch to quinoa from other crops. This is a crucial determinant that is catalyzing the growth of white segment in the global quinoa seeds market. The same segment is expected to grow with the highest growth rate owing to the growth of end-use industries such as food & beverage and personal care in which white quinoa seeds is used.

Competitive Landscape

Some of the key players in the global quinoa seeds industry are Quinoa Foods Company (Bolivia), Northern Quinoa Production Corporation (Canada), Andean Valley Corporation (Bolivia), Quinoa Corporation (US), Keen One Foods LLC (US), The British Quinoa Company (UK), The Hain Celestial Group (US), Dutch Quinoa Group BV (Netherlands), Andean Naturals Inc. (US), Inca Organics (Australia).

Market Segmentation

The global quinoa seeds industry has been segmented based on type, category, application, and region.

By type, the global quinoa seeds industry has been bifurcated as white, black, and red.

Based on category, the global quinoa seeds industry has been segregated as organic, and conventional.

The global quinoa seeds industry has also been segregated, on the basis of application, into food & beverages, personal care, pharmaceuticals and others.

The global quinoa seeds industry has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.

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Regional Analysis

The global quinoa seeds industry has been segmented on the basis of region, into North America, Europe, Asia-Pacific, Rest of the World.

North America is expected to dominate the global quinoa seeds industry owing to the large production of quinoa seeds in the region. Countries such as the US and Canada are major consumers of quinoa seeds products, as these seeds are gluten free and has low glycemic index. Thus, quinoa is used as substitute of wheat flour or rice in various food items. Also, to the increasing prevalence of gluten intolerance and celiac disease, especially in the US.

Asia-Pacific & ROW quinoa seeds market is expected to grow at a rapid pace due to the surging production and consumption of quinoa seeds in the regions. Moreover, Europe is also expected to project a significant market share owing to the increasing awareness regarding the health benefits of quinoa seeds and due to the increasing adoption of healthy, gluten-free diets by the rising health-conscious population.

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Latest TMR Report Explores Impact of COVID-19 Outbreak on Quinoa Seed Extract Market

Market Outlook of Quinoa Seed Extract:

Personal care are the consumer products which are mainly used in beautification and personal hygiene. Personal care is further classified as cosmetics and personal hygiene. There different products which come under the personal care such as cotton swabs, colognes, cleansing pads, deodorant, makeup products, facial cleanser, body butter, shaving cream, razors, toothpaste, wet wipes, shampoos, soaps, creams, moisturizers and other personal care products. There are two types of personal care products organic and conventional. The organic conventional products comprises of natural extracts from plants, grains, and others. Quinoa seed extract is a type of natural extract decreases sebum production and helps to treat acne. Quinoa seed extract can also help to reduce spots and pigmentation.

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The Benefits of Quinoa Seed Extract:

Quinoa seeds are emerging as the ultimate source of protein for vegans due to their easy digestibility. Protein content in quinoa stands at around 14% to 18%, which is higher than that of rice, maize, wheat, and oats. Therefore, quinoa seeds have emerged as effective alternative to rice for vegetarians. Rise in demand for alternative sources of protein is expected to drive the demand for quinoa seeds during the forecast period. Additionally, quinoa seeds can be a good substitutes for animal based protein. Quinoa seed extract is predominantly used in the cosmetics and personal care products. Quinoa seed extract possess emollient and conditioning properties when applied to the skin. Quinoa seed extract is particularly recommended for the treatment of irritated or sensitive skin conditions.

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Quinoa seed extract possess as a conditioning agent, nourishing agent, restructuring replenishing agents, tensing effect agents, anti-inflammatory, anti-ageing agent, antioxidant, hair growth promoters,  anti-hair loss agent and other properties. Quinoa seed extract is used as an effective skincare and hair care agent. Quinoa seed extract is non-reactive to the skin as it lacks gluten, which does not cause any irritation to the skin unlike other grains. In the upcoming years, the potential of the quinoa seed extract market will increase for its various properties.

Global Quinoa Seed Extract Market: Market Segmentation

On the basis of nature, the global quinoa seed extract market has been segmented as:

Organic quinoa seed extract

Conventional quinoa seed extract

On the basis of source, the global quinoa seed extract market has been segmented as:

chenopodium quinoa fo. Purpureum

chenopodium quinoa

chenopodiaceae

chenopodium hircinum var.

Others

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Global Quinoa Seed Extract Market: Market Participants

Some of the market participants operating in the global quinoa seed extract market identified across the value chain includes Alter Eco, COMRURAL XXI, Irupana Andean Organic Food, The British Quinoa Company, Northern Quinoa, Ancient Harvest, Highland Farm Foods, Andean Valley, Andean Naturals, Quinoa Foods Company, Industrial and Technological Complex Yanapasiñani SRL (CITY SRL), Big Oz, Arrowhead Mills, Temple Spa, The Environmental Working Group, The Good Scents Company, Centerchem Inc., SpecialChem, Quinoabol among other quinoa seed extract players.

Opportunities for Participants in the Quinoa seed extract Market:

The market potential for the quinoa seed extract market is expected to grow, owing to the health benefits of the quinoa seed extract. The existing consumer awareness of quinoa seed extract serves as an opportunity for the market participants of quinoa seed extract. The new market participants of quinoa seed extract can catch hold of the strategies used by the existing market participants in order to produce quinoa seed extract.

Brief Approach to Research

The company follows a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the types, forms, ingredients, and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated and synthesized at a global level to estimate overall market sizes.

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Quinoa Market  Analysis, Trends, Forecast, 2017-2025

The uncontested relevance of quinoa seeds in specialised food products has driven demand within the market. As quinoa becomes a part of the mainstream food industry, the global market shall become a haven of fresh opportunities. The health benefits of consuming quinoa have played an integral role in market growth and maturity. Several research lines have explored the properties and health benefits of quinoa, creating room for growth within the market. Scientific classification of flowering plants has become a key area of research within botany. This trend, coupled with the need for studying edible seeds, has become an important dynamic of market growth.

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Quinoa seeds have high fibre content, adding to the health benefits of the product. Moreover, the total nutritional value of quinoa has also helped in driving demand within the global market. The efforts made by the medical fraternity in decoding the benefits of consuming quinoa shall usher an era of advancements for the market vendors.

Quinoa has come to replace rice across several regions. Although rice and quinoa, both, are rich in carbohydrates, the latter offers several premium health benefits. Chefs across the world have perfected several dishes made from quinoa seeds. Therefore, the total volume of revenues within the global quinoa market is slated to increase in the times to follow.

Advancements in the field of food processing shall pave way for increased revenues within the global quinoa seeds market. The climatic requirements for growing quinoa have limited the cultivation of these crops to certain regions. However, export dynamics of quinoa seeds have improved in recent times, giving a thrust to market growth. Colder regions favour the growth of quinoa, unravelling key opportunities for the market vendors in such regions. The leading vendors are capturing new territories to widen their profit margins in the times to follow.

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Quinoa is a grain crop also known as Chenopodium quinoa used for its edible seeds. Quinoa is a source of manganese, copper, phosphorus, magnesium, fiber, folate, zinc etc. which makes it one of the healthy food for consumption. Quinoa have health benefits such as it minimizes the cardiovascular disease, risk of type-2 diabetes, regulates blood sugar, helps maintain cholesterol level, reduces risk of various allergies etc. Quinoa is grown organically as well as conventionally. Quinoa is a gluten-free product which makes it popular in health conscious consumers for consumption which is increasing demand for it in global market. Quinoa have various application in food, cosmetics, pharmaceutical, medical industry which grows its demand in global market.

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Market Segmentation: Quinoa

The quinoa market is segmented on the basis of application in industries such as food industry, cosmetic industry, pharmaceutical industry etc. In food industry, quinoa is used to prepare noodles, pasta, vegetable soup, muffin, breads etc. Quinoa can also be consumed along with breakfast meal, salads, sandwiches etc. In cosmetics industry, quinoa is used for anti-aging, skin rejuvenation, dark spot reduction, reduce pigmentation, treat acne, promote hair growth, treat dandruff etc. Saponins obtained from quinoa can be used in pharmaceutical industry as it changes intestinal permeability useful for absorption of specific medicines. It is also used as an antibiotic for fungal control.

The quinoa market is segmented on the basis of its type as organic and inorganic. As a result of increasing population of health conscious consumers and awareness of using organic products, the quinoa market is increasing its demand in global market. Awareness of using organic products in cosmetics is increasing in turn increasing the demand for organic quinoa market globally.

The quinoa ingredients market is segmented on the basis of its end-use as an ingredient and packed food. As an ingredient it is used in preparation of pasta, breads, noodles etc. Manufacturers offering ready-to-use soup powders use quinoa ingredient in their products to enhance its nutritive value. Packed Quinoa products is available in retail shops, online portals for home use packed in bags, cans, boxes etc.

The Quinoa market is segmented on the basis of regions as North America, Latin America, Europe, APAC and ME.

Global Quinoa Market: Regional Outlook

Depending on geographic regions global Quinoa market is segmented into five key regions: North America, Latin America, Europe, APAC and ME. South America is major producer of quinoa which include countries such as Argentina, Chile, Ecuador, Bolivia, Colombia and Peru. The U.S. is a major consumer of quinoa followed by Asia Pacific. The U.S., Africa, India and other countries in Asia are gaining interest in quinoa market.

Global Quinoa Market: Drivers and Trends

Quinoa market is in demand due to its health benefits and nutrient rich property. Quinoa is high in fiber and gluten-free product which makes it popular in health conscious consumers. Application of quinoa in food products such as noodles, bread, pasta etc. is trending which in turn helps quinoa market to grow in global market. Increasing demand for organic and natural products in cosmetic industry is gaining interest which is driving global quinoa market. Consumption of quinoa in breakfast food is increasing due to its use as an ingredient in breakfast foods which is one of the driver for increasing demand of quinoa in global market.

Global Quinoa: Key Players

Some of the key players identified across the value chain of the global Quinoa market include Quinoa Foods Company, Northern Quinoa Production Corporation, Andean Valley S.A., Quinoa Corporation, Keen One Quinoa, The British Quinoa Company, Hain Celestial Group, Andean Naturals Inc., European Quinoa Group, Inca Organics etc. are amongst.

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Quinoa Seeds Market: Global Industry Analysis Lubricant Demand Will Be Driven by Continued Economic Growth Forecast To 2023

Quinoa Seeds Market Highlights

Quinoa seeds Market belong to Chenopodium (Goosefoot) family, it is cultivated in alcaline soil, in colder climates during the year, and in less quantity of water. Quinoa seeds is produced on a large scale in Argentina, Chile, Ecuador, Bolivia, Colombia and Peru. Quinoa seeds help in improving metabolism, enhances digestive health, alleviating blood pressure, and reducing fat accumulation in the human body. Thus, considering these factors, quinoa seeds market is expected witness high growth in forecast period.

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Based on Type, The Global Quinoa Seeds Market has been segmented into white, black, and red. The white segment is anticipated to gain the largest revenue share in the global quinoa seeds market and shall maintain lead throughout the forecast period. White quinoa seeds are widely available and are being used in various food items such as salads, sauces, and sweet and savory snacks. Increasing prices in the global market as result to strong demand have encouraged food & beverage manufacturers to switch to quinoa from other crops. This is a crucial determinant that is catalyzing the growth of white segment in the global quinoa seeds market. The same segment is expected to grow with the highest growth rate owing to the growth of end-use industries such as food & beverage and personal care in which white quinoa seeds is used.

The Global Quinoa Seeds Market has been segregated, by category, into organic and conventional. The conventional segment is expected to garner major share in the global quinoa seeds market owing to the huge availability of conventional quinoa seeds. However, the organic segment is anticipated to project a higher CAGR during the forecast period due to the rising inclination of consumers towards organic products.

The Global Quinoa Seeds Market has been segregated, by application, into food & beverages, personal care, pharmaceuticals and others. The food & beverage segment is projected to gain largest share in the global quinoa seeds market due to the major application of quinoa seeds in bakery and confectionery, sweet and savory snacks, breakfast cereals, and others. The high protein content and antioxidant activity of quinoa seeds categorizes it as superfoods and play a vital role in various dishes. However, the personal care segment is anticipated to grow with the highest growth rate during the forecast period. The significant increase in demand in personal care industry is due to its vitamin B12 (Cobalamin) content, which help maintain the skin complexion. Additionally, the vitamin B3 (niacinamide) in quinoa, aids in treating acne by soothing the inflamed and red areas during acne breakouts. Key Players

Some of the key players in The Global Quinoa Seeds Market are Quinoa Foods Company (Bolivia), Northern Quinoa Production Corporation (Canada), Andean Valley Corporation (Bolivia), Quinoa Corporation (US), Keen One Foods LLC (US), The British Quinoa Company (UK), The Hain Celestial Group (US), Dutch Quinoa Group BV (Netherlands), Andean Naturals Inc. (US), Inca Organics (Australia). Regional Analysis

The Global Quinoa Seeds Market has been segmented based on region, into North America, Europe, Asia-Pacific, Rest of the World.

North America is expected to dominate the global quinoa seeds market owing to the large production of quinoa seeds in the region. Countries such as the US and Canada are major consumers of quinoa seeds products, as these seeds are gluten free and has low glycemic index. Thus, quinoa is used as substitute of wheat flour or rice in various food items. Also, to the increasing prevalence of gluten intolerance and celiac disease, especially in the US.

Asia-Pacific & ROW quinoa seeds market is expected to grow at a rapid pace due to the surging production and consumption of quinoa seeds in the regions. Moreover, Europe is also expected to project a significant market share owing to the increasing awareness regarding the health benefits of quinoa seeds and due to the increasing adoption of healthy, gluten-free diets by the rising health-conscious population.

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.