South America Quinoa Seeds Market - Growth and Trends
The South American quinoa seeds market is expected to reach USD XX million by 2021 from USD XX million in 2015, registering a growth of CAGR 28.91% during the forecasted period from 2016 to 2021. Quinoa is a gluten-free, protein-rich seed that originated in South America. These seeds are becoming famous worldwide as a superfood due to their fatty acid, vitamin, iron, magnesium, vitamin E, potassium and fiber content. In 2014, the prices of this gluten-free pseudo-grain touched USD 3,500 per metric ton to over USD 8,000 per metric ton, making it the most expensive grain in the market.
Agro-industrial companies are producing large quantities of quinoa on irrigated lands, producing 3,000-4,000 kilos per hectare, leading to over-production of grain. In 2015, over-production of quinoa led to a drop in the trade price of the seeds; however, consumers have not been benefited much from the lower trade prices. It is predicted that the fall in quinoa prices in the near future will drive the market growth by making seeds more affordable to the customers and the processing industry. The pesticide residues beyond the FDA limit in quinoa seeds are raising concerns in both importing and exporting nations and are negatively affecting the growth of the market.In 2014, the FDA tested and rejected multiple container loads of Peruvian quinoa due to high levels of pesticide residue.
Quinoa-producing nations in South America are Bolivia, Ecuador, Chile, Colombia, Argentina, and Peru. In 2015, Peru replaced Bolivia as the largest exporter of quinoa seeds.
The report provides an in-depth analysis of the South American quinoa crop 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 South American quinoa crop market report covers the following information
South American consumption
South 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