Global Quinoa Seeds Market - Growth and Trends

Published - Jan 2017 | Category - Agriculture | No. of Pages - 176 | Published By - Mordor Intelligence

Report Highlights

The global quinoa seeds market is expected to reach USD XX million by 2021, from USD 1.22 billion in 2015, registering a double-digit growth of XX% during the forecasted period from 2016 to 2021. Quinoa is a staple food of South America and is mainly grown in the Andean countries of Peru and Bolivia.  Quinoa seeds are good sources of vitamin B complex, vitamin E and essential fatty acids (linoleic  and  alpha-linolenic acid)  . In addition, quinoa is an excellent source of iron, copper, calcium, potassium, manganese, magnesium and fiber.

Quinoa has captured the attention of consumers from around the world due to its nutritional value, gluten-free nature and potential for being a functional food ingredient. There is a huge demand for quinoa globally and the United Nations (UN) has declared the year 2013 as “International Year of Quinoa”. The grain is very similar to rice and can be cooked and used in the same way. Cooked quinoa seeds have a delicate and subtly nutty flavor, and can be turned into flakes as a breakfast cereal, eaten in a salad for lunch or used like rice with an evening meal. Quinoa has become famous among the celebrity classes and an increasing number of ordinary families have adopted it as a health food and a tasty alternative to rice. However, the limited production of quinoa is slowing the growth of this market.

Quinoa may have originated in South America but now it is grown in North America and Europe as well. Currently, Bolivia is the largest producer of quinoa, followed by Peru. These countries export more than 50% of their produce; however, the increased international demand has increased the domestic prices of the crop. In 2015, the U.S. (XX%), Canada (XX%), France (XX%), the Netherlands (XX%) and Germany (XX%) were the leading destinations for quinoa imports, together making up XX% of global imports. 84.2% of the global exports originate from Bolivia, Ecuador and Peru, XX% from the United States of America, and XX% from the European Union.

The global quinoa crop market report covers the following information:

Quinoa production

Policies supporting the crop production and trade

Global consumption

Global trade (export-import) scenario and statistics

Major enterprises and traders operating in the market

Price trend and seasonality of the crop

Future outlook of the crop market

Stakeholders who would benefit:

Quinoa growers

Enterprises providing agricultural inputs

Traders and companies operating in the segment

Crop processing companies

Crop importers and exporters

Investors/research institutions interested in the crop market

 

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