Business Services News

Business Services News

Breaking News on Business Services

Home > Business Services Search Engine                                 

Business Services News -- Video Feeds
  • Advertising
  • Careers
  • Corporate news
  • Economy
  • Markets
  • Small Business
  • Personal Finance
  • Regulatory and Compliance
  • Business News

    Global Packaged Chia Seed Market Size to Grow at a CAGR of 5.8% During the Forecast Period 2021-2026
    (I-BusinessNews.Com, July 02, 2021 ) Global Packaged Chia Seed Market size in 2020 is estimated to be $450 million, growing at a CAGR of 5.8% during the forecast period 2021-2026. Chia seeds helps to provide energy and also have immense nutritional value. Increasing health consciousness among people and growing demand for ancient grain products are the major factors driving the growth of this market. Moreover, growing preference for vegan food has increased the shift towards healthy snacks further enhancing the overall market demand for global packaged chia seed during the forecast period 2021-2026.



    Global Packaged Chia Seed Market Segment Analysis - By Product Type



    Based on the Product Type, Global Packaged Chia Seed Market is segmented into White Chia Seed, Black Chia Seed, and Brown Chia Seed. The black chia seed segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 5% during the forecast period 2021-2026. Black chia seeds provide more protein content and are smaller and are mostly used for food applications contributing to the growth of this segment.



    Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=509520

    Report Price: $ 5900 (Single User License)



    Global Packaged Chia Seed Market Segment Analysis - By Application



    Based on the Application, Global Packaged Chia Seed Market is segmented into Food and Beverages, Pharmaceuticals & Nutraceuticals, Personal Care & Cosmetics, and Others. In 2020, Food and Beverages held the major share in the Global Packaged Chia Seed Market. This is mainly owing to increased use of chia seeds in bakery products, peanut butter, breakfast cereals, and other applications which has contributed to the dominance of this segment.



    Global Packaged Chia Seed Market Segment Analysis - By Geography



    North America dominated the Market share accounting for 40% of the market in 2020. This is mainly owing to increasing health consciousness among consumers and rising demand for protein alternatives. The American Heart Association recommends addition of omega-3 rich foods and oils in the daily diets to prevent heart disease which has led to the increased consumption of chia seeds among consumers thus contributing the growth of this market.

    However, the Asia Pacific region is projected to be the fastest-growing during the forecast period 2021-2026. This is owing to rising consumer preference towards consuming healthy products and is further driven by the rapid increase of population in these countries as well.



    Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=509520



    Global Packaged Chia Seed Market Drivers



    Increasing Health Consciousness among People



    Growing awareness among the consumers regarding the health benefits provided by chia seeds is the major factor driving the market growth of this segment. Moreover, the use of chia seeds as a source of calcium, iron, proteins, & fiber and the growing adoption of a sugar-free and gluten-free diet is increasing the market growth of global packaged chia seed.

    The suppliers of the Food and Beverages are impacted owing to the COVID-19 pandemic. However, lockdown is also causing disruptions in the logistics system which affected the supply chain but this pandemic has also increased the health consciousness among the consumers which increases the demand of this market.



    Growing Demand for Chia seed based products



    The increasing demand for ancient grains and multi-cereal-based products as functional foods is a significant factor driving the growth of the market. Ancient grains are less processed and this increases their demand among consumers. Chia seeds are also used in various food or beverage products, increasing the sale of chia seed-based products in the market.



    Global Packaged Chia Seed Market Challenges



    High processing cost of chia seeds and rapid price fluctuations are challenging the growth of the market. Moreover, lack of awareness among farmers about the profitability from the cultivation of chia seeds are further restraining its market growth during the forecast period 2021-2026.



    Global Packaged Chia Seed Industry Outlook



    Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Global Packaged Chia Seed Market. Global Packaged Chia Seed Market top 10 companies are Nutiva Inc., The Hain Celestial Group Inc., Vega Produce LLC, Nutriwish, Newtree, Glanbia plc, Navitas Organics, Mamma Chia LLC, Mother India Organics and Naturals Pvt. Ltd.



    Acquisitions/Product Launches:



    In 2019, Glanbia Plc. has partnership with food, beverage and supplement companies to deliver protein, plant-based nutrition, bioactive, premix, flavour, bakery.



    Key Takeaways



    In 2020, North America dominates the Global Packaged Chia Seed Market owing to increasing health consciousness among consumers and rising demand for protein alternatives.



    Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Global Packaged Chia Seed Market report.



    The high processing cost of chia seeds is challenging the growth of the market.



    Related Reports :



    A. Packaged Nuts & Seeds Market

    https://www.industryarc.com/Report/15489/packaged-nuts-seeds-market.html



    B. Organic Seed Market

    https://www.industryarc.com/Research/Organic-Seed-Market-Research-504970



    For more Food and Beverage related reports, please click here



    About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

    IndustryARC

    Venkat Reddy

    (+1) 970-236-3677

    venkat@industryarc.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Business News Feeds
  • Business News - Top Stories
  • Company Earnings
  • Economy
  • Personal Finance
  • Real Estate
  • Stock Markets
  • Business Services Sponsors

    Business Services Ads

    Business Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    CIO Insight
    Managed Healthcare Executive
    Mortgage Technology

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.

    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    I-BusinessNews.Com is a business news service of GroupWeb Media LLC