South America Quinoa Seeds Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 12.50 % |
South America Quinoa Seeds Market Analysis
The value of consumption of quinoa seeds in South America is projected to grow at a CAGR of 12.5% during the forecast period (2020-2025).
- The increase in regional exports of Quinoa due to a change in consumption patterns as consumers are shifting toward healthier and gluten-free diets. However, the downward fall in Quinoa prices globally due to surplus production in the region are some of the factors restraining the market growth for quinoa seeds.
- Peru and Bolivia are expected to dominate the quinoa seed market both in terms of production and export during the forecast period. North America has been the largest importer of Quinoa seeds followed by Europe. France remains to be the leading importer of quinoa seeds in Europe, followed by the Netherlands and Germany.
South America Quinoa Seeds Market Trends
This section covers the major market trends shaping the South America Quinoa Seeds Market according to our research experts:
High Regional Exports to European Countries
South America is one of the largest exporters of Quinoa in the world. About 80-90% of Quinoa imported into the European Union comes from Peru and Bolivia. The main consuming markets for South American Quinoa include Italy, France, Germany, and the Netherlands with each consuming on an average between 2000-6000 tons of quinoa per year. Quinoa has received attention as a healthy Superfood over the last few years. The rise in imports from the region is primarily attributed to consumer perception of its health, nutritious properties. In order to meet this demand from international markets, countries such as Peru and Bolivia has ramped up its production by using high-quality seeds. With the rise in consumption for quinoa across the world, the demand for quinoa seeds is expected to increase over the next few years.
Bolivia is Dominating the Market
Bolivia is one of the major producers of quinoa in South America. In 2018, the total production of quinoa in the country is reported to be 65.5 thousand tons as compared to its production of 70.7 thousand tons in 2017. Bolivia has three distinct regions where quinoa is produced with different motives, in Northern Altiplano, quinoa is produced for local consumption and for ensuring domestic food security and the production is intended for the market in Desaguadero; in central Altiplano, quinoa production is higher than in the northern region and it is also intended for domestic consumption; in southern Altiplano, most of the production is intended for exports. In recent years, there is an increase in the production of organic quinoa, as the demand for organic produce is high in the European countries.
South America Quinoa 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 Market Drivers
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4.3 Market Restraints
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4.4 Value Chain/Supply Chain Analysis
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5. MARKET SEGMENTATION
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5.1 By Country
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5.1.1 Brazil
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5.1.1.1 Production Analysis
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5.1.1.2 Consumption Analysis and Market Value
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5.1.1.3 Import Analysis (Volume and Value)
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5.1.1.4 Export Analysis (Volume and Value)
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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 and Market Value
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5.1.2.3 Import Analysis (Volume and Value)
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5.1.2.4 Export Analysis (Volume and Value)
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5.1.2.5 Price Trend Analysis
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5.1.3 Peru
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5.1.3.1 Production Analysis
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5.1.3.2 Consumption Analysis and Market Value
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5.1.3.3 Import Analysis (Volume and Value)
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5.1.3.4 Export Analysis (Volume and Value)
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5.1.3.5 Price Trend Analysis
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5.1.4 Bolivia
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5.1.4.1 Production Analysis
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5.1.4.2 Consumption Analysis and Market Value
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5.1.4.3 Import Analysis (Volume and Value)
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5.1.4.4 Export Analysis (Volume and Value)
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5.1.4.5 Price Trend Analysis
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6. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Quinoa Seeds Industry Segmentation
Quinoa is a type of cereal crop and is most widely used for its edible seed, which is gluten-free, high in protein, and is a good source of fiber. The commodity has more than 3,000 varieties, but only a few have been commercialized as of now. All the seeds have diverse characteristics, but it's color, saponin level, and growth climate are the major properties considered during the trade of quinoa seeds.
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South America Quinoa Seeds Market Research FAQs
What is the current South America Quinoa Seeds Market size?
The South America Quinoa Seeds Market is projected to register a CAGR of 12.5% during the forecast period (2024-2029)
What years does this South America Quinoa Seeds Market cover?
The report covers the South America Quinoa Seeds Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Quinoa Seeds Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Quinoa Seeds in South America Industry Report
Statistics for the 2024 Quinoa Seeds in South America market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Quinoa Seeds in South America analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
