North America Chia Seeds Market- Growth and Trends
The North American chia seeds market is expected to reach USD XX million by 2021 from USD 28 million in 2015, registering a CAGR of XX% during the forecasted period, from 2016 to 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 US is the largest chia seed market and it imports more than 15,000 tons of chia seeds annually. The import of chia seeds in the US has increased 7.5 times since 2011. In 2013, North America witnessed a huge number of new chia seed-based food and beverage launches, with the US accounting for 47% of launches and Canada for 18% of the launches. It is forecasted that the demand for chia-based products is going to increase due to the increasing awareness for superfoods in the region.
The report provides an in-depth analysis of the North American 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 also 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 North American chia market report covers the following information
North American consumption
North American 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