According to a report, “Chia Seeds Market Size, Share & Trends Analysis Report By Form (Oil, Milled/Ground, Whole, Pre-hydrated), By Type (Black, Brown, White), By Region (North America, APAC, Europe, MEA), And Segment Forecasts, 2019 – 2025”, published by Grand View Research, Inc. The global chia seeds market size is expected to reach USD 4.7 billion by 2025 growing at a CAGR of 22.3%, According to a new report by Grand View Research, Inc. Rising demand for gluten-free products, awareness about the health benefits of chia seeds, and growing use of omega 3 in animal feed are some of the prominent factors driving the growth of this market.
Recent increase in the usage of chia seeds is mainly attributed to the rising awareness about the benefits of these tiny black/white seeds of the plant Salvia Hispanic, which is widely grown in Central America. It is an excellent source of omega-3 fatty acid along with digestives fibers, proteins and minerals such as iron, calcium, magnesium, and zinc. It is available in the market in three types, namely black, white and brown seeds. Among these types, black seed type is hugely popular and covered largest market segment in 2018. The product is available in various forms, such as oil and milled/ground, whole, and pre-hydrated seeds. Whole chia accounted for the largest market share of 44.14% in 2018.
Chia seeds market has seen an increased competition due to rising demand for organic products in the recent period. Some of the major market players are Organic Denmark, Mamma Chia, Grenera Nutrients, and Maya Chia. Along with this, Asia Pacific region is projected to be the fastest-growing region from 2019 to 2025 on account of increasing product consumption. India, China, and Japan are some of the leading economies driving the market growth in the region. Moreover, increasing cases of lifestyle diseases, such as diabetes, blood pressure, and asthma, in the region will boost the product demand.
Further key findings from the study suggest:
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Innovation helps companies improve their revenues and grow at a fast pace. For instance, Mamma Chia, announced the launch of Mamma Chia Organic Chiamilk – a dairy-free, plant-based milk alternative made from nutrient-rich chia seeds. Perfect for adding to smoothies, cereal, coffee or enjoying straight from the bottle, each serving is filled with essential Omega-3, MCT, more calcium than a glass of traditional milk and zero grams of sugar.
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New product launches and collaborations are some of the most important strategies for company growth and market players are indulging heavily in it. For instance, Acanchia, in collaboration with HNI Korea, launched AcanChia’s organic high-quality Peruvian-cultivated black chia seeds as an ingredient in the preparation of the Starbucks chia seed drinking yoghurt.
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On the basis of product form, the milled/ground form segment is expected to account for the largest share of the global chia seeds market by 2025
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However, chia oil form segment is projected to ascend at the fastest CAGR of 23.4% over the forecast years
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On the basis of product type, black chia seed type is expected to be the largest, as well as the fastest-growing, segment from 2019 to 2025
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On the basis of region, U.S., Germany, China, and Brazil are the major countries with largest markets in their respective regions
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Grand View Research has segmented the global chia seeds market on the basis of form, type, and region:
Chia Seeds Form Outlook (Revenue, USD Million, 2015 – 2025)
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Whole Chia
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Milled/Ground Chia
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Pre-hydrate Chia
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Chia Oil
Chia Seeds Type Outlook (Revenue, USD Million, 2015 – 2025)
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Black
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Brown
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White
Chia Seeds Regional Outlook (Revenue, USD Million, 2015 – 2025)
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North America
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U.S.
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Europe
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Germany
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Netherlands
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Asia Pacific
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China
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India
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Central & South America
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Brazil
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Middle East & Africa
List of Key Players of Chia Seeds Market
• Organic Denmark
• Mamma Chia
• Grenera Nutrients
• Maya Chia
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Packaged Nuts & Seeds Market – https://www.grandviewresearch.com/industry-analysis/packaged-nuts-seeds-market
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