Long storage life, easy transportation, free from rancidity issues and increase in the demand for healthy food are some of the drivers for the market
Hyderabad, India -- (SBWIRE) -- 03/15/2018 -- Market Data Forecast has announced the addition of the "Chia Seeds Market by Product Type (Chia Seed Oil, Whole Chia Seeds, Ground Chia and Chia Bran) by Application (Nutraceuticals, Food (Bakery, Breakfast Cereals and Soups & gravies) and Beverages), by Color (White, Brown and Black) and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)" report to their offering.
Chia seeds are grain seeds with high protein content and minerals. They are gluten free and have a
significant amount of fibers and Omega-3 fatty acids. Apart from food, Chia seeds are also used significantly in Cosmetics, Animal food and Beverages. Chia seeds help to avoid premature ageing of the skin. Owing to these factors Chia seeds have attained the level of "Superfood".
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Chia Seeds Market: Drivers and Challenges
The Major driving factors driving this market are Growing demand for healthy snacks and rising preference for vegan food that is easy to make. Other factors like ease of carrying, extensive storage period, lack of rancidity issues are also fuelling the market growth.
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The major challenge the market is facing currently is the lack of enough supplies to meet the demand
as Chia seeds are harvested in very few specific places.
The major players of Chia seeds market include Navitas Naturals Organic Chia Seeds, Spectrum Essentials Chia Seeds, Garden of Life Organic Chia Seed, Health Works Chia Seeds, Bob's Red Mill Chia Seeds, Benexia, Nutiva Organic Chia Seed, Terrasoul Superfoods Organic Chia Seeds, Tru roots organic chia seeds, Chiatrition Chia Seeds, Naturkost Übelhör and Glanbia Nutritionals.
By Geography, the market is segmented into North America, Latin America, Europe, Middle East and Africa and Europe. North America is currently leading the global market owing to its high demand for Chia seeds. Latin America is the largest producer and Asia-Pacific is expected to grow at a high growth rate during the forecast period.
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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