Quinoa Market Outlook (2022-2032)
Expanding at an impressive CAGR of 10.7%, the global quinoa market is projected to increase from a valuation of US$ 822 million in 2022 to US$ 1.41 billion by the end of 2032.
Organic quinoa seeds have fewer calories than rice and are widely used as a rice substitute. The market for organic quinoa seeds is projected to be driven by rising awareness about the health benefits of super grains, with customers’ increased preference for nutritious, natural, and easy-to-incorporate dietary ingredients.
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Key Segments Covered in Quinoa Industry Research
Quinoa Market by Product Type :
- Quinoa Grains
- Intermediate Products
- Processed Products
Quinoa Market by Certification :
- Fair Trade & Dual
Quinoa Market by Region :
- North America
- Latin America
- East Asia
- South Asia & Oceania
Due to the existence of numerous small- and large-scale vendors, the worldwide quinoa market is highly fragmented. These players compete in the aspects of product innovation, distribution, price, and quality.
To develop manufacturing facilities around the world and satisfy rising product demand, a majority of major businesses have been investing in R&D.
Furthermore, to gain a competitive edge in the market, these competitors are aggressively pursuing new mergers, acquisitions, joint ventures, and product development. Moreover, to strengthen their distribution network, manufacturers intend to open new retail locations, which will result in a bigger market by 2032.
- The quinoa business of Andean Naturals in Yuba City and California was acquired by American company Ardent Mills in February 2022 for an undisclosed sum. This acquisition will boost and accelerate Ardent Mills’ quinoa and grain business.