Market Trends of Asia-Pacific Quinoa Seeds Industry
This section covers the major market trends shaping the APAC Quinoa Seeds Market according to our research experts:
India Promotes Production of Quinoa Seeds
In 2018, India encouraged over 55,000 farmers to take up cultivation of quinoa. Rajasthan State Seeds Corporation, which involved some farmers to grow quinoa seeds on an experimental basis, had managed to raise over 20,000 quintals of seed for 2018. The Corporation also plans to distribute the seeds to 55,000 or more farmers for growing. Quinoa exports have risen significantly in India and it is estimated to further grow at a CAGR of 7.2% in the forecast period.
Japan is the Largest Importer of Quinoa
Japan is the largest importer of quinoa seeds in the Asia-Pacific region. Since production is negligible in the country, it meets the demand for quinoa seeds majorly through imports. Although imports fell in 2017, it is gradually picking up. The country imported 601 tons of quinoa seeds in 2018. The imports are forecast to grow at a CAGR of more than 6% for the forecast period of 2020-2025. The major exporters of quinoa seeds to Japan are Peru, Bolivia, and Columbia.
