Chia Seeds Market (Product Type - Black Chia Seeds and White Chia Seeds; Form - Whole, Grounded; Application - Food & Beverages, Nutraceuticals, Animal Feed, Personal Care Products; Distribution Channel - Store-Based and Non-store Based): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024.
Pune, India -- (SBWIRE) -- 04/05/2019 -- Our latest research report entitled Chia Seeds Market (by product type (black chia seeds and white chia seeds), form (whole, grounded), application (food & beverages, nutraceuticals, animal feed, personal care products), and distribution channel (store-based and non-store based)) Global Industry Analysis, Trends, Size, Share and Forecasts to 2024 provides complete and deep insights into the market dynamics and growth of Chia Seeds. Latest information on market risks, industry chain structure Chia Seeds cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Chia Seeds growth factors.
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The forecast Chia Seeds Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Chia Seeds on a global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report the global chia seeds market is projected to grow at a healthy CAGR over the forecast period of 2018-2024.
Chia Seeds Market: Industry Analysis
Chia is an edible seed. It is referred to as a superfood between the health-conscious people. Chia seeds are high in Omega-3 fatty acids, a rich source of antioxidants, iron calcium and protein and contains a massive amount of nutrients with very few calories. As per the United States Department of Agriculture (USDA) National Nutrient Database, a 28-gram, or one-ounce serving of chia seeds contains 8.4 grams of fat,131 calories, 11.2 grams of fiber, 13.07 grams of carbohydrate, 5.6 grams of protein and No sugar.
Chia Seeds Market: Driver and Restraints
Chia seeds help to support healthy skin, improve heart health, promote digestive health, balance blood sugar, boost energy and exercise performance, fight cancer growth, build stronger bones, aid in weight loss, enhance oral health. Growing awareness regarding nutritional and health-related benefits of chia seeds and increased use in various industries such as food & beverages, nutraceuticals, personal care products are major factors responsible for the growth of chia seeds market. Additionally, an increasing population with traditional food consumption pattern has further led to an increased sale of the product. However, the availability of cheaper alternatives and the high cost of processing may hamper the growth of chia seeds market. Furthermore, the number of key manufacturers is strongly focused on product innovation coupled with technological advancement and a keen focus on R&D is expected to provide growth opportunities for the growth of the market during the forecast period.
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Chia Seeds Market: Segmentations
The global chia seeds market is divided into product type, form, application and distribution channel. On the basis of product type, the global chia seeds market is classified into black chia seeds and white chia seeds. On the basis of form, the global chia seeds market is categorized into a whole, grounded and others. On the basis of application, the global chia seeds market is categorized into food & beverages, nutraceuticals, animal feed, personal care products, and others. Food and beverages segment held maximum share in chia seeds market and the segment is expected to sustain its dominance over the forecast period. Chia seeds are preferred in the preparation of snacks, ready-to-eat meals, energy drinks, bakery, and various other products. On the basis of the distribution channel, the global chia seeds market is categorized into store-based and non-store based.
Chia Seeds Market: Regional Analysis
Among the region, the global chia seeds market is segmented into North America, Europe, Asia Pacific, and RoW. Europe region is expected to hold a significant share in chia seeds market. Chia seeds are becoming gradually popular in Europe due to their nutritional and health properties and have a robust presence in innovation and new product launches. Chia seeds are most popular in countries like Germany, Netherlands, and the United Kingdom. Moreover, North America is accounted to be the largest market share followed by the Asia Pacific region. The growing use of chia seeds in pharmaceuticals and personal care industry is escalating the growth of chia seeds market region.
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Chia Seeds Market: Competitive Analysis
The major players in chia seeds market are Benexia Europa S.A. (Belgium), The Chia Company (Australia), Chia Bia Slovakia S.R.O. (Slovakia), Naturkost Übelhör (Germany), ChiaCorp (U.S.), Bob's Red Mill (U.S.), Glanbia Plc (Ireland), Navitas Organics, Spectrum Organics Products LLC and Garden of Life. The companies are focusing on research and development activities and new product development in order to gain their market share in the global Chia seed market during the forecast period.
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Chia Seeds.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.