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The quinoa seeds market size is projected to increase by USD 22.53 million, at a CAGR of 1.35% between 2023 and 2028.
The market in South America is poised for significant growth due to rising consumer interest in plant-based diets. This trend reflects a broader shift towards healthier lifestyles and environmental consciousness. Consumers are increasingly drawn to the benefits of plant-based foods, which align with their concerns about sustainability and animal welfare. As a result, the consumption of quinoa seeds is expected to rise steadily, driven by changing global trends favoring plant-based options. Analysts anticipate robust growth in this market in the coming years.
The market shows an Accelerated CAGR during the forecast period.
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Increasing health awareness among consumers is the key factor driving market growth. Customers across the globe are looking for food products with higher nutritional content as they become more health conscious. The demand for quinoa seeds is rising as a result of consumers' busy lifestyles. As quinoa contains a variety of nutrients, it can be a part of a balanced diet when combined with meals. Quinoa is well-known for having an abundance of essential protein.
Moreover, when compared to other plant-based meals, quinoa offers an adequate mix of essential amino acid levels. Thus, quinoa is a great source of nutrition, fiber, calories, and minerals such as zinc and iron. Further, health-conscious consumers are demanding food and beverages that contain essential nutrients. Thus, such factors will drive the growth of the market during the forecast period.
The adoption of dry chain technology for quinoa seed preservation is one of the primary market trends shaping market growth. In tropical low- and middle-income nations, seed conservation is especially difficult in rural communities owing to high relative humidity, which encourages fungal and insect infestations and causes rapid losses in seed viability. Commercial quinoa production necessitates the use of premium seed, which is a pivotal barrier to optimal germination because poor storage conditions can lead to the loss of seed viability. Using dry chain technology to ensure adequate drying and putting the seed in hermetic bags to stop moisture content changes will help reduce seed deterioration during storage.
Moreover, dry chain technology ensures high viability, high vigor, optimum germination, and negligible seed deterioration as compared to traditional seed storage techniques, and it also improves the overall seed quality, which is a major factor in enhancing agricultural productivity and ensuring food security. Hence, the adoption of dry chain technology for quinoa seed preservation will improve the commercial production of quinoa, thereby driving market growth during the forecast period.
High weed infestation is a challenge that affects market growth. In shallow and moderate areas, the key challenge to quinoa production is weed infestation. Due to heavy weed infestation, significant crop loss has been observed. Common lamb quarters, barnyard grass, and redroot pigweed are the most prevalent weeds found in quinoa fields. Because quinoa seeds belong to the same botanical family as all these other weeds, redroot pigweed is the most common and challenging to remove in quinoa fields.
Additionally, the most popular and extensively used method for weed control in quinoa fields during the early stages of crop establishment is manual hand hoeing. The expense of manually hoeing raises the crop's production costs. Although weeds cause significant output losses in quinoa fields, there is currently no approved herbicide for their eradication. Thus, high weed infestation may impede market growth during the forecast period.
The white?segment will account for the largest share of this segment.?The grainy crop of the amaranth flower family is the source of white quinoa seeds. Rather than being white, these seeds have a light texture and a slight tan color. Some of the properties of white quinoa seeds include a decrease in blood triglycerides and blood sugar levels. Also, antioxidants present in it offer protection against long-term illnesses. It has riboflavin, a vitamin that lessens migraine frequency. Additionally, white quinoa seeds can be eaten as breakfast cereal. They can be used in salads. These can be used in baking and as a substitute for rice and other grains as well. Consequently, such benefits and advantages of white quinoa seeds will drive the growth of the segment of the market during the forecast period.
The market share growth by the conventional segment will be significant during the forecast period. The conventional quinoa seeds segment comprises the production and sale of quinoa seeds that are obtained from quinoa cultivation using conventional agricultural practices. The consumers of conventional quinoa seeds prioritize affordability over the higher priced quinoa seeds that have organic or non-GMO certification, as conventionally cultivated quinoas and their seeds (quinoa seeds) are often more accessible and affordable to consumers, making them a popular choice in regions where organic or non-GMO products are not widely available or affordable.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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