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Chia Seeds Market Size, Share and Global Trend By Product Type (White Chia Seeds, Black Chia Seeds, Brown Chia Seeds), By Application (Food & Beverages, Animal Feed, Nutraceuticals, Personal Care Products, Others), and Geography Forecast Till 2021-2028

Region : Global | Report ID: FBI100784 | Status : Ongoing

 

KEY MARKET INSIGHTS

Chia seeds as a crucial food & beverage, dietary supplement, and personal care products ingredient is gaining immense recognition in the world market, due to its healthful properties. Increasing demand for natural food ingredients, coupled with rising demand for health and dietary supplements is expected to fuel the demand for chia seeds, which in turn is expected to propel the chia seeds market growth during the upcoming years.


Key companies operating in the global chia seeds market are focusing on innovative product launches and expanding their global reach to achieve prominence in the global chia seeds market. The Chia Company, Benexia Europe S.A., Glanbia Nutritionals, Inc., and Mamma Chia LLC are some of the key companies performing in the global chia seeds market.

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Chia seeds are obtained from the desert plant Salvia hispanica, which belongs to the min family. Chia seeds are majorly grown in countries of South America and the product is majorly utilized in its grounded and whole form. Chia seeds, being a rich source of many crucial nutrients, such as fiber, protein, magnesium, vitamin B1, phosphorous, and others is very beneficial for human beings.


Rapidly increasing awareness towards healthy aspects associated with chia seeds is projected to foster market growth during the forecast period. Chia seeds being rich in omega-3 fatty acids and antioxidants can potentially improve metabolism, prevent premature aging of the skin, reduce the risk of diabetes and cardiovascular diseases, and can strengthen bones & muscles. The rising popularity of chia seeds among the health-conscious population, along with increased demand for chia seeds as a functional food ingredient is expected to further boost the market growth during the forecast period.


Stringent governmental regulations on the usage of food ingredients to assure consumer safety are expected to obstruct the growth of the market during the forecast period. Furthermore, low awareness about the health benefits of chia seeds in some under-developed or developing economies can restrain the market growth of global chia seeds market.


Key Players Covered


Some of the major companies that are present in the global chia seeds market are The Chia Company, Chia Corp, Glanbia Nutritionals, Inc., Benexia Europe S.A., Mamma Chia LLC., Navitas Organics, Bob’s Red Mill Natural Foods, Inc., Spectrum Organic Products, LLC., Salba Smart Natural Products LLC, and Garden of Life LLC among the other players operating in the global chia seeds market.


SEGMENTATION






















SEGMENTATION



 DETAILS



By Product Type



· White Chia Seeds


· Black Chia Seeds


· Brown Chia Seeds



By Application



· Food & Beverages


Ø Breakfast Cereals


Ø Bakery Products & Snacks


Ø Energy Bars


Ø Ready-to-eat Meals


Ø Energy Drinks


Ø Others


· Animal Feed


· Nutraceuticals


· Personal Care Products


· Others



By Geography



· North America (USA, Canada, and Mexico)


· Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe)


· Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)


· South America (Brazil, Argentina, and Rest of South America)


· Middle East & Africa (South Africa and Rest of ME&A)



 


On the basis of product type, the global chia seeds market has been segmented into white chia seeds, black chia seeds, and brown chia seeds. Black chia seeds segment is projected to hold the major market share during the forecast years, due to higher consumer inclination towards the product, attributes by its health benefitting properties. Presence of abundance of anti-oxidants in black chia seeds is further projected to propel the growth of the segment.


On the basis of application, the global chia seeds market has been segmented into food & beverages, animal feed, nutraceuticals, personal care products, and others. Application of chia seeds in food & beverage segment is projected to be the highest during the forecast years, due to the high nutritional value of chia seeds. Chia seeds are rich in protein, fiber, omega-3 fatty acids, zinc, calcium, and other crucial nutrients that are required by the body. Increasing demand for superfood and nutraceuticals is expected to contribute significantly to the growth of the market.


Regional Analysis


South America is the major producer of chia seeds, especially countries, such as Bolivia and Argentina accounts for the major production share of chia seeds in South America. North America, followed by Europe is projected to witness significant growth in the global chia seeds market, owing to their increased recognition as a superfood and a crucial health supplement ingredient across North America and Europe. Increasing chia-based food and beverage product launch across North America is another major reason for the anticipated growth of the region. The demand for chia-based products is expected to witness a rise in the Asia Pacific during the forecast period, due to the rising popularity of the product as a nutrition-rich ingredient, coupled with a growing population of the region which in turn is fostering the demand for an affordable nutritional diet to feed the expanding population.


Key Industry Developments



  • In January 2018, Benexia announced the launch of a line of chia-based packaged food and a line of omega-3 soft gel supplements. The company will be offering its chia-based packaged foods under its brand Sow. The strategic step was taken by the company with the aim to establish itself in the plant-based nutrition market.
  • In March 2018, KRBL Limited, a prominent Indian company, announced the launch of its two novel products ‘Flax Seed’ and ‘Chia Seed’ in the international market. With these product launches the company took forward integration step.

Chia Seeds  Market  Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

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