The Latin American Chia Seeds Market seeds market shows estimation of a steady market growth and is set to register a double digit growth rate in the forecast period. Chia seeds have become very popular grain in North America as well as in Latin America, as some Latin American countries along with US and Australia are the largest producers of these seeds. While in terms of consumption Latin America leads US because chia seeds are traditional food for this region and also originated here. South America supplies xx% of chia seeds globally and leads the supplier market, whereas Argentina and Peru are the largest producers in the region.
Chia seeds are considered as superfood as they are full of nutrients like calcium, proteins, Omega 3, dietary fibers, iron, zinc etc. Mostly found in Latin America region and Australia. These are used as additives in juices, smoothies, pasta, yogurts, salads and cereals. Chia pods are made from the seeds just like oatmeal snack which interests more people as compared to the raw chia seeds.
Increase in demand for healthy and organic food is the key driver for the market. Chia seeds are advantageous over flax and other seeds as they are easy to transport, can be stored for long time and are free from rancidity issues. Latin America is the largest exporter of chia seeds, the origin of these seeds was from this region only.
Mainly the chia seeds are segmented based upon their application into nutraceuticals, food and beverages. Food Segment can be further sub segmented into bakery, breakfast cereals and soups & gravies. Based on their colour they are divided into white, brown and black. As different form of product they are classified as chia seed oil, whole chia seeds, ground chia and chia bran. Food segment is the fastest growing sector due to the high demand of healthy food.
Geographically the Latin America Chia Seeds Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America.
Key Players in the Market:
Major Key Players in the Latin America Chia Seeds Market are
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