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I AgreeAnalysis of Quinoa Protein market covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Protein has a crucial role in cell creation and overall maintenance of the body. The fitness benefits of high-protein food are the mainstay reason for the rise in demand for quinoa and its inclusion into the diet. The quinoa component in a regular diet improves metabolism and assists in the burning of extra fat.
The higher amount of fiber in comparison to other grains makes it an ideal choice for people with a health-conscious diet. The option is highly preferable due to gluten-free and likely to gain major demand from people who are intolerant to gluten. Beyond being a good source of protein quinoa is also an important source of minerals and vitamins packed with nutrients.
The value of the consumption of quinoa in the USA is estimated to be USD 61.32 million in 2018. This consumption is further expected to grow and reach a valuation of USD 117.12 million by next year i.e. 2024.
The global market for Quinoa protein is estimated at USD 822 Million in 2022 while this market is further expected to grow with a CAGR of 9.1% in the forecast period. The market is anticipated to cross a valuation of USD 1963.90 million by end of 2032.
Report Attributes |
Details |
Market size (2022 A) |
USD 822 million |
Base Year for Estimation |
2022 |
Forecast duration for this research |
2022-2032 |
Forecasted Market value (2032 F) |
USD 1963.90 Million |
Global Market Growth rate (2022-2032 E) |
CAGR of 9.1% |
Key Companies Profiled |
|
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Competitive landscape highlights only certain players
Complete list available upon request
Quinoa is high in iron content also it makes a great source of manganese, phosphorus, Zinc, and Magnesium. It contains a high level of calcium and overall it has four times more nutrients than that brown rice. The rising preference is driven by the food industry where health-conscious customers increase the security of food owing to the advent of climate change and rising diseases related to metabolism.
Low cholesterol, improved heart and liver health, the prevention of anemia, better digestion, better control of diabetes, and improved gastrointestinal function are some of the advantages of quinoa protein. The worldwide market has a huge window of opportunity to expand due to the rising demand from developing nations like China and India.
Quinoa is also rich in two of the most favorable flavonoids quercetin and kaempferol, which offers exceptional health benefits. These two flavonoids are known to have anti-inflammatory, anti-cancer, anti-depressant, and anti-viral effects. Quinoa is rich in nine essential amino acids and is hence considered a complete source of protein. It is rich in lysine amino acid, which a majority of plants are deficient in. It is also rich in methionine and histidine, which makes it a suitable plant-based source of protein.
Which are better options quinoa and brown rice, then? Brown rice only succeeds in three categories, while quinoa triumphs in five. Quinoa outperforms brown rice in the majority of nutritional categories. It provides more protein and nutritional fiber than brown rice, making it a more satisfying addition to your diet.
One can feel at ease having both quinoa and brown rice in their diet because many people find it difficult or dull to keep to eating only one type of food. Both are nutritious food sources and have positive health effects.
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In the twenty-first century, agriculture must produce more food with fewer resources while lowering GHG emissions. It is vital to introduce crops with less watering requirements in this situation in addition to valorizing crop wastes, and more adaptable to unfavorable soil conditions. The latter is possible if these materials are well defined beforehand, providing information on how climate change affects the nutritive value of plants. Owing to climate change food production sufficient for the growing populace size has become challenging. The future food security is likely to hinge on a small plant called quinoa.
The "International Year of Quinoa" was commemorated in 2013 by the Food and Agriculture Organization of the United Nations (FAO) to honor its biodiversity and combat food insecurity. However, despite being biodiverse in genetic configuration, this plant has been affected due to persistent climate change.ant requires low temperatures for cultivation but the rising global temperature has affected the production of quinoa.
The increased focus on quinoa as a healthy food is altering how smallholders grow and consume grain. Concerns concerning quinoa consumption have been raised by price surges and increased unpredictability in worldwide quinoa pricing. On the one hand, quinoa growers benefit from rising quinoa prices because it boosts their income. A higher price has a detrimental impact on consumers, who may choose to forego the highly nutritious quinoa in favor of other less nutrient-dense foods.
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Competitive landscape highlights only certain players
Complete list available upon request
As the quinoa industry expanded globally, Peru solidified its position as the market's top exporter, surpassing Bolivia to become the world's top quinoa producer. Quinoa production, export, and harvested area have all significantly increased.
Quinoa makes a part of an ancient plant family in South America that has expanded globally with increasing interest and composition of its seeds. At present in 2023 the Latin America Market reigns the quinoa production as it’s a region with low-temperature conditions which is favorable for the plant.
The market is predicted to expand quickest in the Asia Pacific area, mostly as a result of a rise in demand from developing nations like China and India. Because more people in Europe are consuming vegan and gluten-free goods, it is anticipated that the demand for quinoa will expand significantly. The market is anticipated to increase by a single-digit rate across the Middle East and Africa.
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The market is anticipated to cross a valuation of USD 1963.90 million by end of 2032.
The market is predicted to grow at 9.1% CAGR during the forecast period.
In the Latin American region, manufacturers may find the most opportunities in the quinoa market.
Key market stakeholders • Quinoa Foods Company • Northern Quinoa Production Corporation • Andean Valley Corporation • Quinoa Corporation • Keen One Quinoa