Chia seeds market is estimated to expand at a rapid pace owing to its increasing popularity among health-conscious individuals. Chia seeds are a powerhouse of nutrients that have fiber, omega-3 fatty acids, proteins, calcium, iron, magnesium, zinc, antioxidants etc. These have achieved a “superfood” level from the level of the grass. They are majorly grown in the tropical and subtropical region. The global chia seeds market was valued at USD 531.3 million in 2019 and is expected to rise at a CAGR of 6.80% to reach USD 738.1 million by 2024.

Market drivers and restraints:

Long storage life, accessible transportation, free from rancidity problems and growth in the call for healthy food are some of the drivers for the market. They are advantageous over the existing flax seeds as it is not compulsory to ground them. The restraint for the market is an unequal call to supply ratio, as the seeds are grown only in particular regions and the global call is escalating at a high pace.

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Report segmented as:

By application:

Nutraceuticals
food and beverages
By color:

white
brown
black
By product:

chia seed oil
whole chia seeds
ground chia
chia bran
Geographical analysis:

On the basis of region, the chia seeds market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America, particularly US has been leading the chia seeds market and have the highest demand. Latin America is the biggest supplier of the product, mainly Argentina and Bolivia. Asia Pacific is estimated to be the highest growing market in the forecast period.

Important market players:

The major players operating in the global chia seed market are Health Works Chia Seeds, Garden Of Life Organic Chia Seed, Tru roots organic chia seeds, Navitas Naturals Organic Chia Seeds, Bob's Red Mill Chia Seeds, Nutiva Organic Chia Seed, Spectrum Essentials Chia Seeds, Terrasoul Superfoods Organic Chia Seeds, Benexia etc.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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