Chia seeds Market Research Report - Forecast till 2030

Chia seeds Market Research Report: Information by Category (Organic and Conventional) by Form (Whole Chia Seeds, Powdered Chia Seeds, and Chia Seed Oil) by Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care & Cosmetics, and Others) and Region (North America, Europe, Asia-Pacific, and the Rest of the World) Forecast 2030

ID: MRFR/CR/2931-HCR | February 2023 | Region: Global | 110 Pages         

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Chia Seeds Market

Chia seeds Market is anticipated to develop at an impressive rate of 8.86% between 2022 and 2030, reaching a value of USD 450 million by the end of 2030.

Segmentation
By Category Organic Conventional
By Form Whole Chia Seeds Powdered Chia Seeds Chia Seed Oil
By Application Food & Beverages Pharmaceuticals & Nutraceuticals Personal Care & Cosmetics Others
By Region North America Europe Asia-Pacific Rest of the World
Key Players
Companies Profiled   Benexia Europa S.A. (Belgium)    The Chia Co. (US)    Chia Bia Slovakia s.r.o. (Slovakia)    Naturkost Übelhoer GmbH & Co. (Germany)    ChiaCorp (US)    Bob's Red Mill (US)    Glanbia plc (Ireland)    Navitas Organics (US)    Spectrum Organics Products LLC (US)    Garden of Life (US)    Mamma Chia LLC (US)    Mother India Organics and Naturals Pvt. Ltd. (India)    Organic India (India)    Agropecuaria Chia Corp Bolivia SA. (Bolivia)    Bagrrys India Limited (India)    Sakata Seed Corporation (Japan)
Drivers
Market Driving Forces   Increasing industrial application of chia seeds    Growing popularity of chia seeds among consumers
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Chia Seeds Market Overview


Chia Seeds Market Share is projected to grow at a significant rate of 8.86% from 2022 to 2030 to reach a market value of USD 450 million by the end of 2030. Chia seeds, also known as the ‘super’ ingredient, are the edible seeds of Salvia Hispanica which is a flowering plant from the mint family. Its use has increased tremendously over the recent past. Its taste and consumer’s preference for nutritional products are propelling the growth of its market. Chia seeds help people in achieving their clinical, nutritional, and metabolic goals such as reducing weight, controlling hair fall, and glowing skin.


Covid 19 Analysis of Chia Seeds Market


People across the globe are being affected by Coronavirus, the global pandemic. It has negatively impacted the operations of all the industries, except for the pharmaceutical industry. There has been a complete lockdown situation in almost every part of the world and people are forced to stay at their homes. Every nation has sealed their borders which mean no international travel will be possible shortly. The businesses are also being shut down and many people were laid off from their workplaces. This has affected the Chia seeds Market Growth as well.


It is being anticipated that post the Covid19 situation, Global Chia seeds Market Share will grow tremendously. This is because there is a rise in the level of awareness among people and they are shifting to a healthy lifestyle. Due to the lockdown, their supply was interrupted but several companies have started selling their products at e-commerce or online grocery stores. 


Market Dynamics


Drivers


There is a rise in demand for gluten-free products at a global level. People have become more health-conscious and are returning to the traditional patterns of natural and organic consumption. This is in return increasing the demand for chia seeds. Nowadays Omega 3 is also being used in animal feeds due to which chia seeds are highly in demand. It is a gluten-free natural product hence is highly in demand.


Opportunity


Chia seeds are popularly being used in many beverages and food items. Various pharmaceuticals and personal care products are also making use of these seeds as their basic ingredient. This is propelling the entry of new market players.


Restraints


Farmers are not aware of the profitability of chia seed products, and hence, it does not follow a commoditization trend. The processing cost of chia seeds is high as there is scope for technological advancements. The cultivation and cost of good quality chia seeds keep on fluctuating. This may hinder the overall growth of the Global Chia seeds market.


Value Chain Analysis


These tiny black/white seeds gained popularity because they are a good plant-based source of omega 3 fatty acids. Chia seeds are natural as well as wholesome as they contain polyphenols, several antioxidants, vitamins, and other minerals. Chia seeds are readily available in supermarkets or grocery stores but in several regions, these can also be found in health care and specialty stores. As it is used as a food supplement by people of the elderly age group, it is also sold in drug stores. People are searching for different recipes through which they can consume chia seeds. Chia seeds have become an integral part of the health and food sector. These are commonly used in snacks, energy drinks, or cereal.


Market Segmentation


According to the global Chia seeds Market Analysis, its market can be divided into various segments. These are based on category, based on form, based on type, and based on application.


Based on category


Chia seeds can be categorized under the grading as organic and conventional.


Based on form


Chia seeds are available in various ready-to-consume forms. These include Whole Chia or chia seeds, Milled, Ground, or powdered Chia, Pre-hydrate Chia seeds as well as Chia Oil.


Based on type


Chia seeds can be differentiated as Black, Brown, and White chia seeds.


Based on application


Various end-user industries of chia seeds are food & beverages, pharmaceuticals, nutraceuticals, and dietary supplements, personal and health care products & cosmetics, and many others.


Regional Analysis


The Chia seeds Market Value is increasing rapidly. It is leaving a huge impression in every part of the world owing to its specialization and advancements. The regions of the operation of its Global market include regions of America, Europe, Asia-pacific, and the rest of the world.


American region, which includes the area of North America (the US and Canada) and Latin America, provides the largest market for chia seeds. It is anticipated to hold the lion's share throughout the period under forecast owning to the high cultivation of chia seeds. People are more inclined to use these seeds in various food items and as a dietary supplement.


The European region, which includes Germany, UK, France, Russia, and Italy, is also expanding and holds the second-largest market share of chia seeds. This is owing to the growth of the food industry.


The Asia-Pacific region includes countries such as China, Japan, India, Australia, and South Korea, which is growing tremendously throughout the forecasted period. The total output of chia seeds in these countries is increasing and they are providing a promising market for chia seeds. This is because of favorable climatic conditions to grow this plant-based product.


The rest of the world region, which includes the region of the Middle East and Africa, is growing at a slower but constant rate owing to the lower technological and industrial development, lack of awareness.


Competitive Landscape


The list of major Global Chia seeds Market Key Players is as follows:



  • Benexia Europa S.A. (Belgium)

  • The Chia Co. (US)

  • Chia Bia Slovakia s.r.o. (Slovakia)

  • Naturkost Übelhoer GmbH & Co. (Germany)

  • ChiaCorp (US)

  • Bob's Red Mill (US)

  • Glanbia plc (Ireland)

  • Navitas Organics (US)

  • Spectrum Organics Products LLC (US)

  • Garden of Life (US)

  • Mamma Chia LLC (US)

  • Mother India Organics and Naturals Pvt. Ltd. (India)

  • Organic India (India)

  • Agropecuaria Chia Corp Bolivia SA. (Bolivia)

  • Bagrrys India Limited (India)

  • Sakata Seed Corporation (Japan)


These companies form joint ventures or come together in partnerships for certain projects, mergers, and acquisitions to make technological advancements. They strive to develop end-products and services that are unique, cost-effective, and proficient in working and can deliver accurate solutions to the respective problems.


Recent Developments


The various recent activities found in the Global Chia seeds Market Forecast are as follows:



  • Imports of chia seeds from its well-known production countries have increased. It amounted to 19.2 thousand tons in the year 2020. The European imports of chia seeds have decreased a little due to their high cultivation and piling up. It amounted to 17.4 thousand tons in 2020.

  • The European food and drink industry make use of chia seeds as a novel food. This is increasing the demand for chia seeds in the entire European region.

  • The consumption of chia seeds is recommended by The American Heart Association as it is an organic and plant-based source of omega-3. They have supported the argument that omega-3 rich foods and oils help in preventing heart diseases and, thus, should be included in our daily diets. It is gaining popularity because of its convenience and its neutral taste. Chia seeds are also known as ‘super food’ in the United States.


Report Overview


This report about the global Chia seeds Market Trends includes the following elements:



  • Market Overview

  • COVID19 Analysis

  • Market Dynamics

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


This research report provides a comprehensive study about the global Chia seeds Market Outlook. It includes a thorough analysis of its market trends and the areas of new advancements. The key market players of the global Chia seed industry are actively creating educational marketing programs to spread awareness about its health benefits. These include in-store demonstrations, point-of-sale displays, and providing the buyer with a certificate of analysis on every single batch of chia purchased. All these factors are expected to increase their market share and contribute to the overall growth of the market.



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 450 million
  CAGR   8.86% (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Category, Form, Application, and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Benexia Europa S.A. (Belgium),The Chia Co. (US),Chia Bia Slovakia s.r.o. (Slovakia),Naturkost Übelhoer GmbH & Co. (Germany),ChiaCorp (US),Bob's Red Mill (US),Glanbia plc (Ireland),Navitas Organics (US),Spectrum Organics Products LLC (US),Garden of Life (US),Mamma Chia LLC (US),Mother India Organics and Naturals Pvt. Ltd. (India),Organic India (India)
  Key Market Opportunities   used in many beverages and food items
  Key Market Drivers   rise in demand for gluten-free products, Omega 3 is also being used in animal feeds


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Frequently Asked Questions (FAQ) :

chia seeds market is projected to grow at approximately 8.86% CAGR during the assessment period (2022-2030).

Chia seeds market is estimated to reach a valuation of approx. USD 450 MN by the end of 2030.

Benexia Europa S.A. (Belgium), Chia Bia Slovakia s.r.o. (Slovakia), The Chia Co. (US), Naturkost Übelhoer GmbH & Co. (Germany), Bob's Red Mill (US), ChiaCorp (US), Glanbia plc (Ireland), Spectrum Organics Products LLC (US), Navitas Organics (US), Garden of Life (US), Mother India Organics and Naturals Pvt. Ltd. (India), Mamma Chia LLC (US), Organic India (India), Bagrrys India Limited (India), Agropecuaria Chia Corp Bolivia SA. (Bolivia), and Sakata Seed Corporation (Japan), are some of the top players in the global chia seeds market.

North America holds the largest share in the global chia seeds market, followed by Europe and the Asia Pacific, respectively.

Rising sale of chia seeds due to its diverse application and high demand from nutraceutical industries, are major tailwinds pushing the growth of the global Chia seeds market.