Latin America Quinoa Market

Latin America Quinoa Market Size, Share, Growth (2022-2027)

Latin America Quinoa Market was worth USD xx billion in 2021 and is estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2027

Latin America Quinoa Market Overview

Quinoa is a herbaceous annual plant which is grown as a grain crop mainly for its edible seeds. Since it is not grass, it is a pseudo-cereal but not a true cereal. Quinoa is closely related to the edible plants spinach, beetroot, and amaranth which is another pseudo-cereal.Quinoa is a source of phosphorus, manganese, copper, magnesium, folate, fibre, zinc etc. which makes it one among of the healthy foods. Quinoa have several health benefits such as risk of type-2 diabetes, minimizing the cardiovascular diseases, helps maintain cholesterol level, regulates blood sugar, reduces risk of various allergies etc. Quinoa is grown conventionally as well as organically. Quinoa is free of gluten which makes it popular in consumers who are health conscious which is propelling its demand in the Latin America market. Quinoa have various application in food, pharmaceutical, cosmetics, medical industry which is resulting in its growth of its demand.The key driving factors of Latin America Quinoa market are nutrient-rich property and health benefits. Quinoa has high amounts of fibre and is a gluten-free product. The application of quinoa in food products such as bread, noodles, pasta etc. is growing which in turn is assisting quinoa to grow in Latin America market. Rising demand for natural and organic products in cosmetic industry is gaining popularity which is driving Latin America quinoa market. Consumption of quinoa in breakfast food is rising due to its usage as an ingredient in breakfast foods which is one among the driving factors for growing demand of quinoa in Latin America market.

Latin America Quinoa Market Segmentation

on the basis of type

• organic

• inorganic segments

By application

• food industry

• cosmetics industry

• pharmaceuticals industry

Latin America Quinoa Market Regional Analysis

• Brazil

• Argentina

• Chile

• Peru

Ecuador and other parts of the region. Latin America region has the third largest market in the world for quinoa by share, after North America and Asia Pacific regions. Factors such as health benefits offered by quinoa and growing consumption are expected to drive the market in this region.

Latin America Quinoa Market Key players

1. Quinoa Foods Company

2. Northern Quinoa Production Corporation

3. Quinoa Corporation

4. Andean Valley S.A.

5. Keen One Quinoa

6. The British Quinoa Company

7. Hain Celestial Group

8. Andean Naturals Inc

9. Inca Organics