Canary Seeds Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 2.80 % |
Fastest Growing Market | Europe |
Largest Market | North America |
Market Concentration | Medium |
Canary Seeds Market Analysis
The Global Canary Seed Market is projected to register a CAGR of 2.8% during the forecast period 2020-2025. The development of new varieties of de-hulled canary seeds that are high in protein and gluten-free and are similar to wheat, oats, and barley have been approved for human use by various government regulatory agencies across the globe as the canary seeds in the early times were used as bird feeds. These developments in the canary seeds are finding its way into the food industry where the canary flours are used in the production of bread, and the whole canary seeds are used in breakfast cereal bars and hence increases the demand for canary seeds globally. According to the Food and Agriculture Organization, Canada, Argentina, Thailand, and Australia are the primary producers of canary seeds. According to Agriculture and Agri-Food Canada, Western Canada is the world's largest producer and export of canary seeds. Saskatchewan is the leading canary seed-producing province in Canada accounting for around 90% of canary seed production, Manitoba is generally the second-largest producer, followed by Alberta. Brazil is the top exporter of canary seeds, followed by huge opportunity and demand seen in the United Kingdom.
Canary Seeds Market Trends
This section covers the major market trends shaping the Canary Seeds Market according to our research experts:
Increasing Awareness About the Nutritional Benefits of Canary Seeds
Canary seed is used almost exclusively as food for caged and wild birds and is the major component of many commercially prepared bird food mixtures. The respective government agencies mostly approve the development of a new variety of de-hulled canary seeds, which is notably high in Protein, Minerals, and Amino acid and tends to be gluten-free across the globe. Research findings state that the canary seed can be transformed into flour and incorporated in the production of bread, cookies, cereals, and pasta. In contrast, whole grains can be utilized in the nutritional bars. Researchers from the American Chemical Society successfully converted canary seeds into a viable gluten-free dietary alternative for people with celiac disease. This is one area on which producers are looking to capitalize. CDC Cibo, a yellow seed variety developed for human consumption, is more appealing and aesthetically pleasing. CDC Cibo, a yellow variety of the de-hulled seed that has been developed for human consumption, is more palatable and aesthetically-pleasing. Nevertheless, this is a market that's driven mostly as bird feed; application in the food industry is a growing opportunity that tends to drive the demand.
North America is Dominating the Market
North America dominated the canary seed market in terms of production and export. Canada is the primary producer and exporter of canary seeds in the region, accounting for 90% of the production. According to the Canary Seed Development Commission of Saskatchewan, Saskatchewan has become the world's leading producer and exporter of canary seed, with the production, used almost exclusively as a component of feed mixtures for caged and wild birds. According to Canada statistics, the canary seed production volume was 145,000 tonnes in 2017 and dropped to 98,800 tonnes in 2018 due to the other prices, such as durum, which were considerably lower for the farmers at the time of cultivation planning. The Canary Seed Development Commission of Saskatchewan, Governed by canary seed producers, has successfully achieved novel food approval from Health Canada as well as GRAS (Generally Recognized as Safe) status from the United States Food and Drug Administration. It is hoped that human food usage will increase the overall market for canary seed in the years ahead. According to the International Trade Centre (ITC), Countries like Mexico and Belgium are the major export destination for Canadian canary seeds, and the market is expected to grow during the forecast period further.
Canary Seeds Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Introduction to Market Drivers and Restraints
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4.3 Market Drivers
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4.4 Market Restraints
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4.5 Value Chain Analysis
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5. MARKET SEGMENTATION
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5.1 Geography
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5.1.1 Canada
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5.1.1.1 Production Analysis
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5.1.1.2 Consumption Analysis
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5.1.1.3 Import Market Analysis (Value and Volume)
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5.1.1.4 Export Market Analysis (Value and Volume)
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5.1.1.5 Price Trend Analysis
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5.1.2 Argentina
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5.1.2.1 Production Analysis
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5.1.2.2 Consumption Analysis
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5.1.2.3 Import Market Analysis (Value and Volume)
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5.1.2.4 Export Market Analysis (Value and Volume)
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5.1.2.5 Price Trend Analysis
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5.1.3 Thailand
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5.1.3.1 Production Analysis
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5.1.3.2 Consumption Analysis
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5.1.3.3 Import Market Analysis (Value and Volume)
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5.1.3.4 Export Market Analysis (Value and Volume)
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5.1.3.5 Price Trend Analysis
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5.1.4 Hungary
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5.1.4.1 Production Analysis
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5.1.4.2 Consumption Analysis
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5.1.4.3 Import Market Analysis (Value and Volume)
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5.1.4.4 Export Market Analysis (Value and Volume)
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5.1.4.5 Price Trend Analysis
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5.1.5 Netherlands
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5.1.5.1 Production Analysis
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5.1.5.2 Consumption Analysis
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5.1.5.3 Import Market Analysis (Value and Volume)
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5.1.5.4 Export Market Analysis (Value and Volume)
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5.1.5.5 Price Trend Analysis
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5.1.6 Belgium
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5.1.6.1 Production Analysis
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5.1.6.2 Consumption Analysis
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5.1.6.3 Import Market Analysis (Value and Volume)
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5.1.6.4 Export Market Analysis (Value and Volume)
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5.1.6.5 Price Trend Analysis
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5.1.7 Brazil
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5.1.7.1 Production Analysis
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5.1.7.2 Consumption Analysis
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5.1.7.3 Import Market Analysis (Value and Volume)
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5.1.7.4 Export Market Analysis (Value and Volume)
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5.1.7.5 Price Trend Analysis
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5.1.8 Mexico
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5.1.8.1 Production Analysis
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5.1.8.2 Consumption Analysis
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5.1.8.3 Import Market Analysis (Value and Volume)
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5.1.8.4 Export Market Analysis (Value and Volume)
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5.1.8.5 Price Trend Analysis
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5.1.9 Spain
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5.1.9.1 Production Analysis
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5.1.9.2 Consumption Analysis
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5.1.9.3 Import Market Analysis (Value and Volume)
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5.1.9.4 Export Market Analysis (Value and Volume)
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5.1.9.5 Price Trend Analysis
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6. MARKET OPPORTUNITIES AND FUTURE TRENDS
Canary Seeds Industry Segmentation
The report provides an in-depth analysis of various parameters of the seeds market. The market has been segmented based on geography. Also, relevant sub-segmentations have been discussed in the report includes the analysis of production, consumption and trade analysis. Value chain analysis and price trend across the value chain is also provided in the report.
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Canary Seeds Market Research FAQs
What is the current Canary Seeds Market size?
The Canary Seeds Market is projected to register a CAGR of 2.80% during the forecast period (2024-2029)
Which is the fastest growing region in Canary Seeds Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Canary Seeds Market?
In 2024, the North America accounts for the largest market share in Canary Seeds Market.
What years does this Canary Seeds Market cover?
The report covers the Canary Seeds Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Canary Seeds Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Canary Seeds Industry Report
Statistics for the 2024 Canary Seeds market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Canary Seeds analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.