The European chia seeds market was valued at USD XX million in 2016. It is a niche market and is expected to grow at a very fast CAGR of XX% during the forecasted period. The market value will reach USD XX million by 2021. Chia seeds are grain seeds with various nutritional properties. Chia seeds are rich in omega-3, fiber, and protein, are a good source of minerals and are gluten-free. Currently, due to the high demand and relatively low supply of chia seeds, the value of chia and chia-containing products is much higher as compared to canola, soy and flax seeds.
The European chia seeds market is smaller than the North American and Asia-Pacific markets. However, these seeds have already aided the EU in achieving novel food approval for adding them in food items. Hence, it is expected that as a novel food ingredient, chia seeds have the potential to become the largest ingredient market in the region. Chia in Europe (around 4,000 tons) is several years behind compared to the USA but is expected to continue to grow.
Northwestern Europe has been the main target market for chia, with Germany being in the lead (almost 1,800 tons). The main importers can be found in Germany, the UK, the Netherlands, Denmark, Spain, and France. Central and Eastern European countries have little import from the origin but are growing chia seeds for domestic consumption.
The report provides an in-depth analysis of the European chia seeds market. The study discusses the scope, size, and growth of the industry. The forecasts illustrate the five-year industry performance, y-o-y growth rates, and market analysis for the studied period.
The report throws light on the competitive environment and playersâ€™ performance and includes statistical analysis and assumptions of the marketâ€™s historical data. The study covers production, consumption, exports and imports, market value, price dynamics and seasonality factors. The trade data interpretation provides a better understanding and enables one to identify and understand the market trends and growth prospects.
The European chia market report covers the following information
European trade (export-import) scenario and statistics
Major enterprises and traders operating in the market
Price trend and seasonality of the crop
Future outlook of the crop market
Stakeholders who would benefit -
Enterprises providing agricultural inputs
Traders and companies operating in the segment
Crop processing companies
Crop importers and exporters
Investors/research institutions interested in the crop market