Market Size of Quinoa Seeds Industry
| Study Period | 2021 - 2029 |
| Market Size (2024) | USD 1.30 Billion |
| Market Size (2029) | USD 2.12 Billion |
| CAGR (2024 - 2029) | 10.16 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | South America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Quinoa Seeds Market Analysis
The Quinoa Seeds Market size is estimated at USD 1.30 billion in 2024, and is expected to reach USD 2.12 billion by 2029, growing at a CAGR of 10.16% during the forecast period (2024-2029).
- Quinoa seeds are gaining attention from health-conscious consumers worldwide due to their nutritional value, gluten-free nature, and potential as a functional food ingredient. The grain is very similar to rice and can be cooked and used similarly. The seed is used as healthy food and a tasty alternative to rice. However, the limited production of quinoa subsequently limits the market's growth.
- Quinoa is considered a healthy superfood, and increasing awareness regarding its nutritional properties and health benefits led to higher demand in Europe and North America.
- Agriculture and Agri-Food Canada (AAFC) is helping the development of quinoa with direct research as well as providing funding through the Diverse Field Crop Cluster aims to support the research and development of high-potential, special crops such as flax, camelina, canary seed, sunflower, hemp, quinoa and mustard. From pest management to new varietal development to developing best management practices, research is ramping up so that farmers can really take advantage of this new crop.
- Quinoa is also being adapted to the rice-based cropping system and rapidly promoted as an alternative food security crop in Bhutan. To rapidly promote quinoa cultivation, the Royal Government of Bhutan is supporting the supply of free quinoa seeds, cultivation technologies and milling machines to the rural communities to promote the consumption and utilization of quinoa at national level.
Quinoa Seeds Industry Segmentation
Quinoa is a cereal crop most widely used for its edible seed, which is gluten-free, high in protein, and a good source of fiber. The Quinoa Seeds Market is Segmented by Geography (North America, Europe, Asia-Pacific, South America, Middle-East, and Africa). The report includes Production analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import analysis (Value and Volume), and price trend analysis. The report offers market size in terms of value (USD million) and volume (metric ton).
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Quinoa Seeds Market Size Summary
The quinoa seeds market is experiencing significant growth, driven by increasing consumer awareness of its nutritional benefits and health properties. Quinoa, often referred to as a superfood, is gaining popularity, particularly in Europe and North America, due to its gluten-free nature and high protein content. The seed serves as a nutritious alternative to rice and is being integrated into various dietary practices. Despite its rising demand, the market faces challenges due to limited production capabilities. Efforts by organizations such as Agriculture and Agri-Food Canada and the Royal Government of Bhutan are underway to enhance quinoa cultivation through research, funding, and support for rural communities. These initiatives aim to boost production and promote quinoa as a viable food security crop.
South America remains the dominant producer and exporter of quinoa, with countries like Peru and Bolivia supplying the majority of the quinoa imported by the European Union. The demand for organic quinoa is particularly strong, with significant cultivation in Bolivia and Argentina, maintaining the Andean region's leadership in the global organic market. The market's expansion is further supported by advancements in genetic research, such as those conducted by the King Abdullah University of Science and Technology, which aim to increase crop productivity. Sustainable practices and initiatives, like those by Olam Agri, are also contributing to positive social and environmental impacts in quinoa farming communities. As global consumption continues to rise, the demand for quinoa seeds is expected to increase, driving market growth during the forecast period.
Quinoa Seeds Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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2. MARKET SEGMENTATION (Production analysis (Volume), Consumption analysis (Value and Volume), Export analysis (Value and Volume), Import analysis (Value and Volume), and Price Trend Analysis)
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2.1 Geography
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2.1.1 North America
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2.1.1.1 United States
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2.1.1.2 Canada
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2.1.2 Europe
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2.1.2.1 Germany
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2.1.2.2 United Kingdom
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2.1.2.3 France
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2.1.2.4 Spain
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2.1.2.5 Russia
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2.1.3 Asia-Pacific
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2.1.3.1 China
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2.1.3.2 Australia
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2.1.3.3 India
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2.1.4 South America
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2.1.4.1 Brazil
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2.1.4.2 Argentina
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2.1.4.3 Peru
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2.1.4.4 Bolivia
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2.1.5 Africa
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2.1.5.1 South Africa
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Quinoa Seeds Market Size FAQs
How big is the Quinoa Seeds Market?
The Quinoa Seeds Market size is expected to reach USD 1.30 billion in 2024 and grow at a CAGR of 10.16% to reach USD 2.12 billion by 2029.
What is the current Quinoa Seeds Market size?
In 2024, the Quinoa Seeds Market size is expected to reach USD 1.30 billion.
