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Global Quinoa Seed Market: Overview

Quinoa seed are edible seeds and belongs to goosefoot genus species. The quinoa seeds contains proteins and vitamins such as B6, B1, folic acid, iron, magnesium and phosphorus to be major ones. It also contains essential amino acids necessary for cell growth. The quinoa seeds are mostly covered with saponin which is bitter in tastes and thus protects it from insects and birds. With new advanced techniques in agro industries, these coatings can be removed in order to make quinoa seed ready to eat type. Mostly quinoa seeds are consumed as breakfast cereal. Also, quinoa seeds are used as thickener for soups, stews etc. The consumption of quinoa seed is increasing beyond countries such as Bolivia and Peru. For instance, in 2014, Wageningen University & Research conducted project titled “Salt tolerant Quinoa for food in Vietnam, China, and Chile” and was honoured with award of securing water for food programme. Thus, in parts of the countries with saline soils would be able to cultivate quinoa seeds with high yield. The global quinoa seed market is expected to expand at double CAGR growth during the forecast period.

Global Quinoa Seed Market: Drivers and Restraints

The global quinoa seed market is primarily driven by the increasing demand for high nutritional value food. High content of nutritional content and also gluten free property drives the global quinoa seed market. Also, quinoa seed is a great substitute for rice grains as they contains less starch. The increasing consumers with demand for rice substitute drives the global quinoa seed market. Besides, quinoa seed can be grown in saline soils which further fuels the quinoa seeds growers. Besides, high yield of quinoa seeds with low production costs boots the global quinoa seeds market.

Global Quinoa Seed Market:  Segmentation

On the basis of quinoa seed variety, quinoa seed market is segmented into:-

  • Red quinoa seeds
  • Black quinoa seeds
  • Whole grain white quinoa seeds

On the basis of quinoa seed type, quinoa seed market is segmented into:-

  • Organic
  • Inorganic

Global Quinoa Seed Market:  Region wise Outlook

The global quinoa seed market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). South America holds major share in the of quinoa seed market in terms of production with Bolivia, Peru and Ecuador to be important production countries. Also, North America is projected to exhibit increased demand during the forecast period. Followed by North America is Europe and APAEJ. In Europe, The Dutch Quinoa Group B.V. a Netherlands based company engaged in processing and marketing of quinoa has wide spread presence across Europe. The global quinoa market is expected to grow at a relatively high CAGR during the forecast period.

Global Quinoa Seed Market:  Key Players

Some of the key players identified in the global quinoa seed market includes:

  • Sociedad Industrial Molinera
  • Quinoa Foods Company
  • The British Quinoa Company
  • Quinoabol
  • Comrural XXI S.R.L.
  • Northern Quinoa Production Corporation
  • Ancient Harvest
  • Andean Naturals Inc
  • Andean Valley S.A.
  • Irupana Andean Organic Foods

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.

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Quinoa Seed Market

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