NA Quinoa Seeds Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 339.98 Billion |
Market Size (2029) | USD 448.57 Billion |
CAGR (2024 - 2029) | 5.70 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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NA Quinoa Seeds Market Analysis
The North America Quinoa Seeds Market size is estimated at USD 339.98 billion in 2024, and is expected to reach USD 448.57 billion by 2029, growing at a CAGR of 5.70% during the forecast period (2024-2029).
- Germany has been recording an increasing number of leisure trips and business trips. The country is home to a number of companies, with more than 200 brands that are spread across Germany.
- Germany is also home to a large number of independent hotels with more than 20,000 hotels that perform independently and cover all the segments. The international brands have their footprints all over the leading tourist destinations, with a high number of rooms; however, domestic brands have their presence in the tier-II cities, with good market coverage.
NA Quinoa Seeds Market Trends
This section covers the major market trends shaping the North America Quinoa Seeds Market according to our research experts:
Changing Consumption Patterns and Increasing Health Awareness
The nutritional characteristics of quinoa seeds are especially attractive due to their high protein content, gluten-free properties, and high fiber content. The demand for organic quinoa is particularly on the rise in North America, as awareness regarding both health and the environment is increasing among consumers. Quinoa is mainly considered a healthy food. Moreover, there is increasing awareness regarding its nutritional properties, which has led to higher demand for quinoa in North America.
The United States is the Largest Exporter
The United States is one of the largest exporters and consumers of quinoa seeds in North America. Canada imported 3,380 metric ton from the United States in 2021. The exports were valued at USD 12,122 thousand in 2020 and are projected to record a CAGR of 2.3% during the forecast period (2022-2027). Canada and Taipai were the major destinations for the US quinoa seed exports, and Canada accounted for 75.5% of the total US quinoa exports in 2021. The exports are expected to increase during the forecast period, as the imports and domestic production of quinoa in the country are on the rise, and the demand for quinoa seeds is also increasing globally due to the inclination toward healthy eating.
NA Quinoa Seeds Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Value Chain Analysis
5. MARKET SEGMENTATION
-
5.1 Geography (Production Analysis in Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
- 5.1.1 United States
- 5.1.2 Canada
- 5.1.3 Mexico
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
7. IMPACT OF COVID-19 ON THE MARKET
NA Quinoa Seeds Industry Segmentation
Quinoa is a type of cereal crop that is most widely used for its edible seed, which is gluten-free, high in protein, and a good source of fiber. Quinoa seed has more than 3,000 varieties, but only a few are commercialized. All the seeds have diverse characteristics, but their color, saponin level, and growth climate are the major properties considered during the trade of quinoa seeds. The North American quinoa seeds market is segmented by geography into the United States, Canada, and Mexico. The report includes the production (volume), consumption (value and volume), trade in terms of import (value and volume) and export (value and volume), and price trend analysis. The report offers market estimation and forecast in value (USD thousand) and volume (metric ton).
Geography (Production Analysis in Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) | United States |
Canada | |
Mexico |
NA Quinoa Seeds Market Research FAQs
How big is the North America Quinoa Seeds Market?
The North America Quinoa Seeds Market size is expected to reach USD 339.98 billion in 2024 and grow at a CAGR of 5.70% to reach USD 448.57 billion by 2029.
What is the current North America Quinoa Seeds Market size?
In 2024, the North America Quinoa Seeds Market size is expected to reach USD 339.98 billion.
What years does this North America Quinoa Seeds Market cover, and what was the market size in 2023?
In 2023, the North America Quinoa Seeds Market size was estimated at USD 321.65 billion. The report covers the North America Quinoa Seeds Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Quinoa Seeds Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
NA Quinoa Seeds Industry Report
Statistics for the 2024 NA Quinoa Seeds market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. NA Quinoa Seeds analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.