South American Chia Seed Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 12.30 % |
South American Chia Seed Market Analysis
South America Chia Seeds Market is projected to grow at a CAGR of 12.3% during the forecast period (2020-2025). The increasing popularity of vegan protein-based food, the increasing use of chia seeds in the food industry and the increased use of chia seeds as animal feed are the three important factors driving the market. Paraguay, Bolivia, Peru, and Argentina are the major suppliers of chia seeds in the region.
South American Chia Seed Market Trends
This section covers the major market trends shaping the South America Chia Seeds Market according to our research experts:
Demand of Chia Seeds in Food Sector
As an ingredient, chia seeds can be used in different snacks, cookies, candy, baking industries, and in cereal and breakfast options. They act as popular alternatives in the food industry, due to their smaller size and lower weight. They are an easy option as snacks and can be kept for a long time, as it is always easy to sprinkle some seeds onto food. The neutral taste of chia seeds goes well with a variety of dishes. They have the unique ability to 'gel' when added to wet ingredients and work particularly well as vegan-friendly replacements for eggs or gelatin, in certain recipes.
Bolivia dominates the market
Bolivia has become one of the largest producers of chia, with around 3,000 to 4,000 cultivars in the country. According to ANAPO, the Association of Oilseed and Grain Producers, in Bolivia, a trend of a substantial rise in production was observed, mainly due to increasing demand from foreign buyers, which has placed Bolivian quality chia at a high rank. A rapid growth rate in the production quantity was observed during 2014-2015, and it was the speculation of price increase that triggered this production trend of chia during the period. The rising price for chia seeds in the commodity markets is attracting more and more farmers toward taking up chia seed cultivation, which is likely to further increase the competitiveness of the Bolivian chia seeds market.
South American Chia Seed Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Deliverables
-
1.2 Study Assumptions
-
1.3 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Overview
-
4.2 Market Drivers
-
4.3 Market Restraints
-
4.4 Value Chain Analysis
-
-
5. MARKET SEGMENTATION
-
5.1 Country
-
5.1.1 Bolivia
-
5.1.1.1 Production Analysis (Volume)
-
5.1.1.2 Consumption Analysis (Volume and Value)
-
5.1.1.3 Import Market Analysis (Volume and Value)
-
5.1.1.4 Export Market Analysis (Volume and Value)
-
5.1.1.5 Price Trend Analysis
-
-
5.1.2 Argentina
-
5.1.2.1 Production Analysis (Volume)
-
5.1.2.2 Consumption Analysis (Volume and Value)
-
5.1.2.3 Import Market Analysis (Volume and Value)
-
5.1.2.4 Export Market Analysis (Volume and Value)
-
5.1.2.5 Price Trend Analysis
-
-
5.1.3 Ecuador
-
5.1.3.1 Production Analysis (Volume)
-
5.1.3.2 Consumption Analysis (Volume and Value)
-
5.1.3.3 Import Market Analysis (Volume and Value)
-
5.1.3.4 Export Market Analysis (Volume and Value)
-
5.1.3.5 Price Trend Analysis
-
-
5.1.4 Paraguay
-
5.1.4.1 Production Analysis (Volume)
-
5.1.4.2 Consumption Analysis (Volume and Value)
-
5.1.4.3 Import Market Analysis (Volume and Value)
-
5.1.4.4 Export Market Analysis (Volume and Value)
-
5.1.4.5 Price Trend Analysis
-
-
5.1.5 Peru
-
5.1.5.1 Production Analysis (Volume)
-
5.1.5.2 Consumption Analysis (Volume and Value)
-
5.1.5.3 Import Market Analysis (Volume and Value)
-
5.1.5.4 Export Market Analysis (Volume and Value)
-
5.1.5.5 Price Trend Analysis
-
-
-
-
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
South American Chia Seed Industry Segmentation
Chia seeds are derived from the desert plant 'Salvia Hispanica', which is a member of the mint family. Salvia Hispanica seed is often sold under its common name 'chia'. The report defines chia seed as a commodity in terms of the end-users. The end-users include bulk traders of chia seeds.
Country | |||||||
| |||||||
| |||||||
| |||||||
| |||||||
|
South American Chia Seed Market Research FAQs
What is the current South America Chia Seeds Market size?
The South America Chia Seeds Market is projected to register a CAGR of 12.30% during the forecast period (2024-2029)
What years does this South America Chia Seeds Market cover?
The report covers the South America Chia Seeds Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Chia Seeds Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Chia Seed Industry Report
Statistics for the 2024 South America Chia Seed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Chia Seed analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.