Market Outlook

Quinoa extract is a product which is extracted from Chenopodium quinoa seeds. Quinoa extract is a rich source of protein and has twice the amount of protein that any others extract derived from cereals such as corn, barley and rice. Quinoa extract contains riboflavin and lysine which assists the production of elastin and collagen and help manufacturers to produce anti-ageing creams and lotions owing to its property of reducing the appearance of wrinkles and fine lines. Many pharmaceutical companies are formulating skin and hair care solution with quinoa extract, owing to the high content of amino acid which helps in nourishment and repair of hair, skin and scalp. Quinoa extract is extracted through the process of fermentation, which doubles the anti-oxidant, repairing and anti-irritant properties of quinoa extract. The demand for quinoa is not only limited to the pharmaceutical industry, but also to the cosmetic industry. Many cosmetic manufactures are incorporating quinoa extract in its products such as face pack and hair oil among others, owing to its high nutritional value.

Increasing demand of natural ingredients in cosmetic and pharmaceutical industry

With the growing concern of skin, related issues manufacturers of skin care products are now focusing on launching products that are free from mercury and contains natural ingredients such as quinoa extract. With the use of quinoa extract as an ingredient, cosmetic manufacturers are now able to put all natural clean labelling on its product, which is bolstering the market growth of quinoa extract. Moreover, manufacturers are also launching anti-wrinkle products targeting the men consumers, which is expected to increase the demand for quinoa extract over the forecast period. Additionally, the geriatric population across the globe is rapidly increasing along with high life expectancy and lifelong wellness, which is one of the prime factors responsible for the higher adoption of quinoa extract. Expanded health benefits of quinoa extract in treating several kinds of health conditions, which has resulted in its growing use in the pharmaceutical industry as well. The increasing prevalence of chronic disease associated with the ageing population in developing economies portrays the need for effective medications driving the growth of the market for quinoa extract as an important ingredient in the pharmaceutical industry.

Global Quinoa Extract: Market Segmentation

On the basis of nature, the global quinoa extract market has been segmented as –

  • Organic Quinoa Extract
  • Conventional Quinoa Extract

On the basis of form, the global quinoa extract market has been segmented as –

  • Liquid Quinoa Extract
  • Powder Quinoa Extract

On the basis of end use, the global quinoa extract market has been segmented as –

  • Pharmaceutical
  • Food and Beverage
  • Cosmetic and Personal Care
    • Hair Care
    • Skin Care

On the basis of sales channel, the global quinoa extract market has been segmented as –

  • B2B
  • B2C
    • Hypermarket/Supermarket
    • Convenience Store
    • Medical Stores
    • Specialty Stores
    • Online Stores

Global Quinoa Extract Market: Key Players

Some of the major manufacturers and suppliers operating in the global quinoa extract market are: The Environmental Working Group, Alter Eco, The British Quinoa Company, COMRURAL XXI, Irupana Andean Organic Food, Northern Quinoa, Andean Valley, Andean Naturals, Ancient Harvest, Highland Farm Foods, Arrowhead Mills, and Centerchem Inc. among other quinoa extract players.

Opportunities for Market Participants for Quinoa Extract

Understanding customer needs and offering products accordingly, with specified characteristics, should be the key focus area for the new manufacturers entering in the quinoa extract market. Additionally, companies could focus on developing consumable products that are associated with several health benefits in order to leverage the arising opportunity from an increasing number of health-conscious customers in the global quinoa extract market. Moreover, healthcare expenditure is increasing significantly in majority of the developed and developing countries worldwide, which is a factor expected to result in enhancement of quality care treatment options in the healthcare sector. This is a factor projected to create lucrative investment opportunities for quinoa extract product manufacturers. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Quinoa Extract Market

Pre Book