Chia seeds are an edible grain from an annual herbaceous plant, Salvia hispanica L. of the mint family (Lamiaceae). It is one of the essential components of the diet of Mayas and Aztecs. Chia seeds are trendy in the vegetarian and gluten-free diets super foods between the health-conscious people for a good source of antioxidants, fibre, protein, and calcium, phosphorus, manganese and omega-3 fatty acids. According to the publisher, Global Chia Seed Industry will grow with a double digit CAGR of 30.77% during 2021-2027.
Global Chia Seed Market Size will reach US$ 5.5 Billion by 2027
Increasing demand for chia seeds in protein bars & natural food ingredients and dietary supplements in the food & beverage industry, preference for organic & gluten-free, vegan diet fuelled by growing awareness about chia seeds, especially among professional athletes, are main factors driving the growth of the global chia seeds market. The preference for non-GMO chia seeds for cultivation is immense for raw material suppliers and distributors to invest in the chia seeds market.
Furthermore, the global Chia seed market is anticipated to be driven by nutritional and health-related properties. Chia seed has versatile ingredients that add value to the recipes; the sources offer high nutrition and medicinal value. The rising awareness of the nutritional advantages of chia seeds is setting a trend of chia seeds based product launches in the market, driving the growth of this market. However, stringent regulations imposed on the use of personal care ingredients & food by regional government authorities such as EFSA, FDA and less awareness about the importance of chia seeds in developing economies are significant challenges for the growth of the chia seeds market.
Worldwide Chia Seeds Market was US$ 1.1 Billion in 2021
Based on form, chia seeds are segmented into the whole chia, milled/ground chia, pre-hydrate chia, chia Oil - the whole chia segment is estimated for the largest market share due to high demand. Whole seeds are readily available in the market and added to many foods and drinks. Moreover, rising usage in animal feed and pet food applications due to high omega-three content will spur the demand for these seeds.
In addition, the oil form has a broad scope of application in personal care & cosmetics and nutritional & dietary supplements. Chia seed oil is a widespread ingredient in skincare products due to its high fatty acid content. It protects against ultraviolet (UV) rays and better skin hydration, which reduces the appearance of fine lines.
Geographic Analysis: United States mainly Imports Chia Seeds from Mexico, China, Paraguay, and Argentina
Worldwide, North America is the most extensive user of chia seeds. The American Heart Association recommends including omega-3 rich foods and oils in daily diets to prevent heart disease. Non-GMO and Organic variants are the emerging trend for black and white chia seeds. Chia seeds are a functional ingredient in bakery products, muesli bars, peanut butter, cereals, and other food products.
The United States mainly imports chia seeds from various countries, such as Mexico, China, Paraguay, and Argentina. Chia seeds are readily available in grocery shops because they have a massive demand in the region. These benefits lead to the enhanced imports of the seeds in the United States. Besides, Chia seeds are significant for the agricultural industry's future in Asia- Pacific; the seeds are increasingly integrated into food sectors and health trends, such as energy drinks, snacks, or aggregates with cereal. China is the leading exporter of chia seeds in Asia-Pacific.
Impact of Covid- 19 on Chia Seeds Industry
Chia seeds are among the majorly exported products as the item's production is limited to a few geographies. Therefore, the initial Covid-19 lockdown causing disruptions in the logistics system has hit the commodity's supply across the globe and led to a decline in the chia seeds market in 2020.
Global Chia seed Market Players
Some of the significant global chia seeds market players are Glanbia PLC, Spectrum Organic Products LLC, Bayer AG, KWS SAAT SE and Co. KGaA, and Tyson Foods. The global chia seeds market players adopt several innovative techniques such as improved product distribution strategies and product launches to stay ahead.
This Report Global Chia seed Market by Form (Whole Chia, Milled/Ground Chia, Pre-hydrate Chia, Chia Oil), Type (Black, Brown, White), Application (Personal Care & Cosmetics, Animal Feed & Pet Food, Nutritional & Dietary Supplements, Others), Region (North America, Europe, Asia-Pacific, Latin America, Middle East and America), Top Importing Country (United States,Germany, Netherland), Top Exporting Country (China, Canada, Netherlands), Company Analysis (Glanbia PLC, Spectrum Organic Products LLC, Bayer AG, KWS SAAT SE and Co. KGaA, and Tyson Foods) provides complete details on Global Chia seed Industry.
Form – Breakup from 4 viewpoints
1. Whole Chia
2. Milled/Ground Chia
3. Pre-hydrate Chia
4. Chia Oil
Type – Breakup from 3 viewpoints
1. Black
2. Brown
3. White
Application - Breakup from 4 viewpoints
1. Personal Care & Cosmetics
2. Animal Feed & Pet Food
3. Nutritional & Dietary Supplements
4. Others
Region - Breakup from 5 viewpoints
1. North America
2. Europe
3. Asia-Pacific
4. Latin America
5. Middle East and America
Top Importing Country - Breakup from 3 viewpoints
1. United States
2. Germany
3. Netherland
Top Exporting Country - Breakup from 3 viewpoints
1. China
2. Canada
3. Netherlands
All key players have been covered from 3 viewpoints
- Overview
- Recent Developments
- Financial Insights
Company Analysis
1. Glanbia PLC
2. Spectrum Organic Products LLC
3. Bayer AG
4. KWS SAAT SE and Co. KGaA
5. Tyson Foods
Table of Contents
1. Introduction2. Research & Methodology3. Executive Summary
Companies Mentioned
- Glanbia PLC
- Spectrum Organic Products LLC
- Bayer AG
- KWS SAAT SE and Co. KGaA
- Tyson Foods
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | November 2021 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 1.1 Billion |
| Forecasted Market Value ( USD | $ 5.5 Billion |
| Compound Annual Growth Rate | 30.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
