Pune, 23, May, 2024: Stellar Market Research, a Food & Beverages business research firm has published a report on the “Chia Seeds Market”. The total market opportunity for Chia Seeds Market was USD 604.58 Mn in 2023 and is expected to grow at 16.66 percent CAGR through the forecast period by reaching nearly USD 1777.90 Mn.
Chia Seeds Market Report Scope and Research Methodology
Market Size in 2023: USD 604.58 Mn.
Market Size in 2030: USD 1777.9 Mn.
CAGR: 16.66 % (2024-2030)
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 274
No. of Tables: 115
No. of Charts and Figures: 112
Segment Covered: Forms and Application.
Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage: Market Share, Size & Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, Stellar Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
This research report thoroughly examines the market segments and geographic areas while providing a thorough analysis of the strategies used by the top manufacturers in the chia seed industry. Chia Seeds Market Research provides a thorough grasp of the drivers, barriers, opportunities, and restraints by utilizing an analysis of market dynamics at the regional and segment-specific levels. More details on import/export consumption, supply and demand, price, cost, and gross margins are also included to improve its value as an investor’s guide.
To ensure the accuracy of the report, data were gathered for the Chia Seeds Market study using a combination of primary and secondary research methodologies. With a focus on Chia Seeds, the main research being provided is based on surveys, questionnaires, and phone interviews with market leaders, industry experts, and business owners. The local and global markets for. The Chia Seeds Market has been evaluated using the bottom-up approach. To determine the benefits and drawbacks of the top firms in the chia seed market, a SWOT analysis was done.
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Chia Seeds Market Overview
The Global Chia Seeds Market is predicted to reach around $1777.90 Million by 2030, according to stellar Research. Chia seeds, a mini-seed of the Salvia hispanica L. plant, have been used by Native people for thousands of years and have gained popularity because of their high nutritional value, including fiber and magnesium. Consumption of chia seeds has been linked to heart health, blood sugar reduction, and digestive health.
Chia Seeds Market Dynamics
The market of chia seeds is expanding because of its use in protein bars, energy drinks, and other nutritional additives. The growing popularity of veganism and a healthy lifestyle has led to a demand for products with natural, high-nutrient components. Chia seeds are also being used in personal care because of their skin repair and complexion-enhancing benefits. The use of chia seeds in cake mixes and smoothies is also contributing to market advancement. The popularity of ‘super’ ingredients, rich in PUFAs, protein, dietary fiber, and bioactive compounds, is driving the market for natural, functional, and health-oriented products.
Chia Seeds Market Regional Insights
The North America chia seeds market, valued at USD XX% Million in 2023, is expected to grow significantly because of increasing vegan food demands, community lifestyles, health awareness, and a shift from junk food to healthier snacks. The American Heart Association recommends omega-3-rich foods and oils for heart disease prevention, and plant sources of omega-3 EFAs are gaining popularity thanks to their convenience, functionality, and neutral taste.
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Chia Seeds Market Segmentation
By Forms
Based on Forms, This is because there is a great demand for it, it is widely accessible on the market, and it goes well with a variety of dishes and beverages. But because of increased demand, chia seed oil is the category that is expanding the quickest. Also, because oil includes fatty acids, dietary fiber, and antioxidant ingredients that positively promote market growth, it is sometimes used in a broad variety of meals.
By Application
Based on Application, The market data for chia seeds has been divided into segments based on its use in food and drink, medicines and nutraceuticals, cosmetics and personal hygiene, and other industries. Because of the high nutritional value and rising demand for products in the food and beverage sector, the food and beverage segment, which led the market in 2023, is expected to develop at a higher rate over the forecast period of 2024–2030. The fastest-growing area, meanwhile, is food and drink, mostly because of the expanding demand for nutraceuticals and superfoods.
Chia Seeds Key Competitors include:
Key questions answered in the Chia Seeds Market report are:
Key Offerings:
Stellar Market Research is leading Food & Beverages research firm, has also published the following reports:
Almond Drink Market – The market size is expected to reach USD 8 Billion by 2030 at a CAGR of 6.14 percent during the forecast period. The increasing prevalence of lactose intolerance globally is a key factor contributing to the growth of the almond drink market.
Cochineal Extract Market – The market size is expected to reach USD 73.44 Billion by 2030 at a CAGR of 8.63 percent during the forecast period. The Cochineal Extract Market has been experiencing a surge in demand for natural food colors because of a shift in consumer tastes, health consciousness, and industry trends.
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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