In 2016, the estimated value of the global Quinoa market was USD 61 billion. It is projected to experience a compound annual growth rate (CAGR) of approximately 12.9% during the forecast period, reaching a valuation of around USD 149.3 billion by 2026. This report focuses on key aspects such as market size, market share, demand, growth, gross profits, earnings, and revenue, aiming to assess the industry's future prospects. The analysis incorporates data from 2016 and 2017 to provide a comprehensive overview of trends and predicts the potential growth of the industry from 2019 to 2026, with 2018 as the base year.

Quinoa is cultivated for its edible seeds and is considered a grain crop. While its origins can be traced back to the Andean region (from Colombia to the southern part of Chile), its production has expanded to over 70 countries. Unlike wheat and rice, which belong to the grass family, quinoa is a pseudocereal and botanically similar to spinach. It shares similarities with rice in terms of cooking, as it can be prepared and used in a similar manner.

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Top Companies Operating in the Global Quinoa Market Report:

·       Adaptive Seeds

·       Territorial Seed Company

·       Victory Seed Company

·       Hancock Seed Company

·       The Real Seed Collection Ltd.

·       Alter Eco

·       Andean Valley Corp

·       Quinoa Foods Company

·       COMRURAL XXI SRL

·       NorQuin

·       QUINOABOL

·       Keen One Quinoa

·       The British Quinoa Company

·       Andean Naturals Inc.

·       Inca Organics

Major Driving Factors of Quinoa Market

·       Increasing demand for healthy and nutritious food: Quinoa is considered a highly nutritious grain-like crop, rich in protein, fiber, and essential minerals. As consumer awareness about healthy eating habits has grown, there has been a rising demand for nutrient-dense foods like quinoa.

·       Growing vegan and vegetarian population: The global shift towards plant-based diets, driven by various factors such as health concerns, environmental sustainability, and animal welfare, has significantly contributed to the demand for quinoa. As a plant-based source of protein, quinoa has gained popularity among vegans and vegetarians as a versatile ingredient.

·       Expansion of international markets and trade: Quinoa production was historically concentrated in South American countries like Peru and Bolivia. However, the global demand for quinoa has led to its cultivation in other regions such as the United States, Canada, and Europe. The expansion of international markets and trade has allowed easier access to quinoa, driving its consumption worldwide.

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To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.

The global Quinoa market is segmented into:

·       North America (U.S.A., Canada, Mexico)

·       Europe (Italy, U.K., Germany, France, Rest of Europe)

·       Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

·       Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

·       Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Further market segmentation

Type Outlook:

  • Organic
  • Inorganic

Application Outlook:

  • Food Industry
  • Cosmetic Industry
  • Pharmaceutical industry

End-Use Outlook:

  • Ingredient
  • Packaged Food

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