Chia Seeds Market

Chia Seeds Market Size, Growth, Forecast (2023-2028)

The Global Chia Seeds Market size was estimated at USD 66.5 million in the year 2022 and is anticipated to enlist a CAGR of 5.8% to arrive at an evaluation of about USD 88 million by the year 2028. Chia seeds don't follow the commoditization pattern, as the market is still little, where supply is temperamental, and there is an absence of attention to the top-notch norms requested by huge businesses. Be that as it may, as more purchasers are presently mindful of chia seeds and its advantages, the market is probably going to observe colossal development sooner rather than later, internationally.

Market Overview:

Chia is a local of Guatemala, and can undoubtedly be delivered in the extended, dry atmosphere of South American nations, similar to Ecuador, Bolivia, and Peru, among others. About 80% of the world's chia supply originates from Latin America. Different countries, similar to Australia, and to a lesser degree, select nations in the Asia-Pacific districts, are scaling creation to fulfill the worldwide need.

The expanded interest for wholesome antiquated grains and multi-oat based items as functional foods are driving the interest for chia seeds. Chia seeds are known to be free of gluten and hold substantial protein value. The gluten-free property of chia seeds is relied upon to make a substantial interest among buyers experiencing gluten intolerance (celiac infection), or the individuals who maintain a strategic distance from gluten due to their way of life decisions.

Chia Seeds Market Trends:

Developing the Popularity of Superfoods

The fame of "Super" ingredients has expanded altogether over the ongoing past, with item dispatches, as buyers are progressively disposed toward natural and healthy ingredients. These items have unique dietary benefits as they are rich wellsprings of polyphenols, enemies of oxidants, nutrients, and minerals. The global chia seeds market is driven by customer inclination toward useful and wellbeing based usually determined items. Chia seeds are promptly accessible in supermarkets since they have popularity around the globe. They contain a decent measure of calcium, magnesium, and potassium, and are accepted to support vitality, settle glucose, and help with absorption. A critical factor in the offer of "superfoods", including chia seeds' accessibility, might be the availability of markets when contrasted with conventional supermarkets and accommodation stores.

Germany - The Largest Chia Seed Consuming Country in the World

The utilization of chia seeds in Germany remained at 5,551.6 metric tons in 2018, which was estimated at USD 18.4 million. Germany is recorded as the leading exporter and purchaser of chia seeds in the European nation, which accounted for almost 40% of the total imports of chia seeds in 2016 in this area. From 2016 to 2017, Germany imported around 580 metric tons of chia seeds every month, with Paraguay, Bolivia, and Mexico being its driving providers. Naturacereal and Rossmann are the most famous retail outlets for chia seeds in Germany. Inferable from an expanding number of veggie lover purchasers in Germany, and with around 10% of the whole populace previously being vegetarian, the market for chia seeds is picking up outstanding quality in the nation. Moreover, there is an expanded inclination for chia-based foods in the country.

Recent Developments in Chia Seeds Industry:

• March 2017: Mamma Chia, a main privately owned business in the chia seeds market, acquainted three new flavours with its Chia Vitality Beverage Line.
• July 2017: Drink Wow, an organization with chia based item portfolio, presented its first chia seed-based refreshment to the market. In 2015. The drink is the first chia based item in the EU nations. In September 2015, Drink Wow picked up the endorsement to create chia based items.

REPORT COVERAGE:

Chia Seeds Market Drivers and Restraints:

The global chia seed market is encountering a stunning development because of progress in utilization designs just as an acknowledgment of chia as a food ingredient by the administration of different nations. The worldwide Chia seed market is foreseen to be driven by the dietary and wellbeing related properties. It is utilized as a food supplement. It is well known in the veggie lover and gluten-free weight control plans. Chia seed has cancer prevention agents content it assists with forestalling untimely skin ageing because of irritation-free extreme harms. Chia seeds likewise assist with keeping it in parity of glucose because of its high fibre content and sound fats. Chia seeds also manage cholesterol and lower circulatory strain. Aside from that, chia seeds have numerous health benefits, for example, fibre, protein, cancer prevention agents, and calcium, phosphorus, manganese and omega-3 unsaturated fats. Chia seeds additionally can be a substitute for eggs. It likewise contains proteins, fibre and a greatness wellspring of omega-3 unsaturated fats. In any case, unnecessary chia seed utilization can bring a few issues, for example, blood thinners, a prostate disease for men. It helps to process, and it is a decent solution for individuals experiencing gastric issues. All these, health advantages are foreseen to promote the global chia seeds market growth in the outlook period.

On the flip side, the lack of proper distribution channels in remote areas of several developing nations is acting as a severe restraint for the rapid expansion of this industry around the world.

Chia Seeds Market Segmentation Analysis:

By Product Type:

• Chia Seed Oil         
• Whole Chia Seeds
• Ground Chia          
• Chia Bran

By Application:

• Nutraceuticals      
• Food         
  • Bakery
  • Breakfast Cereals
  • Soups & gravies
• Beverages 

By Color:

• White       
• Black         
• Brown      

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

Europe chia seeds market was the biggest provincial market in 2018. Germany held a significant piece of the pie of the Europe market inferable from high item utilization. Nonetheless, the use of chia seeds has been limited by the European Union Noble Food Regulation in modern applications, which may hamper market development. The Asia Pacific chia seeds marker is relied upon to enlist the quickest development rate from 2019 to 2025 by virtue of expanding item utilization in nations, for example, India, China, and Japan. In addition, rising instances of the way of life maladies, for example, diabetes, circulatory strain, and asthma have brought about expanded interest for solid tidbits, which, thus, will enlarge the local market development in the coming years.

Key Players in the Market:

Major Key Players in the Global Chia Seeds Market are

• 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 Übelh                   
• Glanbia Nutritionals