Quinoa Trends and Forecast
The future of the global quinoa market looks promising with opportunities in the food, cosmetic, and pharmaceutical markets. The global quinoa market is expected to grow with a CAGR of 10.9% from 2024 to 2030. The major drivers for this market are rising demand for nutritious superfood, growing adoption of vegetarian and gluten-free diets worldwide, and increasing awareness of quinoaÄX%$%Xs nutritional benefits and versatility in culinary applications.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Quinoa by Segment
The study includes a forecast for the global quinoa by type, application, and region.
Quinoa Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Organic
• Inorganic
Quinoa Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Food
• Cosmetic
• Pharmaceutical
• Others
Quinoa Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Quinoa Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies quinoa companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the quinoa companies profiled in this report include-
• Sharp
• General Mills
• Ardent Mills
• The Hain Celestial
• Quinoa International
• Grain Millers
• Morning Foods
• The British Quinoa
• Hancock Seed
• Andean Valley
Quinoa Market Insights
Lucintel forecasts that organic is expected to witness the higher growth.
Within this market, food is expected to witness the highest growth.
North America is expected to witness highest growth.
Features of the Global Quinoa Market
Market Size Estimates: Quinoa market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Quinoa market size by type, application, and region in terms of value ($B).
Regional Analysis: Quinoa market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the quinoa market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the quinoa market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for quinoa market?
Answer: The global quinoa market is expected to grow with a CAGR of 10.9% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the quinoa market?
Answer: The major drivers for this market are rising demand for nutritious superfood, growing adoption of vegetarian and gluten-free diets worldwide, and increasing awareness of quinoaÄX%$%Xs nutritional benefits and versatility in culinary applications.
Q3. What are the major segments for quinoa market?
Answer: The future of the quinoa market looks promising with opportunities in the food, cosmetic, and pharmaceutical markets.
Q4. Who are the key quinoa market companies?
Answer: Some of the key quinoa companies are as follows:
• Sharp
• General Mills
• Ardent Mills
• The Hain Celestial
• Quinoa International
• Grain Millers
• Morning Foods
• The British Quinoa
• Hancock Seed
• Andean Valley
Q5. Which quinoa market segment will be the largest in future?
Answer: Lucintel forecasts that organic is expected to witness the higher growth.
Q6. In quinoa market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the quinoa market by type (organic and inorganic), application (food, cosmetic, pharmaceutical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Quinoa Market, Quinoa Market Size, Quinoa Market Growth, Quinoa Market Analysis, Quinoa Market Report, Quinoa Market Share, Quinoa Market Trends, Quinoa Market Forecast, Quinoa Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.