Market Trends of Canary Seeds Industry
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.