Global Quinoa Flour Market, By Type (White, Black, Red), Category (Organic, Conventional), Distribution Channel (Store Based, Non Store Based), – Industry Trends and Forecast to 2029
Quinoa Flour Market Analysis and Size
Quinoa flour is in high demand among consumers due to its health benefits. Quinoa flour is gluten-free and high in fiber, and it is used as a substitute for corn or wheat flour in a variety of foods. It is high in vitamin B complex, magnesium, calcium, iron, and potassium, all of which are essential for the human body.
Data Bridge Market Research analyses that the quinoa flour market was valued at USD 269.57 million in 2021 and is expected to reach the value of USD 407.47 million by 2029, at a CAGR of 5.30% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Quinoa Flour Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (White, Black, Red), Category (Organic, Conventional), Distribution Channel (Store Based, Non Store Based)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Blue Lake Milling (Australia), Grain Millers, Inc. (U.S.), Morning Foods Ltd (U.K.), General Mills, Inc. (U.S.), Avena Foods Limited (Canada), RICHARDSON INTERNATIONAL LIMITED (Canada), CEREALTO SIRO FOODS (Spain), Premier Nutrition Company, LLC (Germany), Nestlé SA (Switzerland), Molino Spadoni spa (Italy), WEETABIX (U.K.), Valsemøllen (Denmark), Grillon D'Or (France), Clif Bar & Company (U.S.), Associated British Foods plc (U.K.), DANONE SA (Switzerland)
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Opportunities
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Market Definition
Quinoa is a flowering plant that belongs to the amaranth family. It is an herbaceous annual plant grown primarily for its edible seeds, which are high in protein, fibre, B vitamins, and minerals when compared to many grains. Quinoa flour is a healthier alternative to corn or white flour, which is used in a variety of products. Its richness in vitamin B complexes, magnesium, calcium, and iron, among other essential nutrients, distinguishes and distinguishes it from regular white flour.
Drivers
- Growing product accessibility around the world and various health benefits associated
The rising demand for gluten-free and low-calorie food products is driving market growth. Furthermore, players are working to make such products accessible and visible to consumers all over the world. This is due to consumer awareness of its antioxidant properties and high potassium content. Furthermore, quinoa flour contains calcium and magnesium, which aid in the prevention of diseases such as osteoporosis and diabetes in the human body. Furthermore, quinoa flour has a variety of health benefits that contribute to its use in improving bone health, cardiac health, and blood sugar levels, which will boost its market demand.
- Rising crop yields and government support is augmenting market growth
The number of countries producing quinoa has increased in recent years, which will increase commercial production. The government has aided the quinoa industry by encouraging research and development through the National Institute of Agricultural Research. Recent developments and changes in global consumption patterns are expected to drive the market during the forecast period. Quinoa has the potential to introduce a new crop into the cropping system due to its adaptability to different environments and perceived dietary benefits.
Opportunity
Food and beverage manufacturers are considering the health benefits of quinoa and adding significant constituents to make products more delectable and nutritious. Aside from that, the use of quinoa for disease prevention and health maintenance is expected to fuel a positive growth in terms of value during the forecast period. Baked goods typically use wheat bran; however, quinoa, along with wheat bran, has a new healthy and delicious baking use; as a result, quinoa flour demand is expected to rise.
Restraints
The restraints for the quinoa flour market will be the overpriced quinoa flour, which is less affordable by people because it is not budget friendly, which will hinder the market and create difficulties in the forecasted period.
This quinoa flour market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the quinoa flour market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Quinoa Flour Market
COVID-19 Pandemic is a worldwide pandemic that has affected many countries. It has wreaked havoc on the business and marketing fields. During the pandemic, demand for quinoa increased as consumers sought food staples with a longer shelf life and that were healthy to consume. Manufacturers are having production issues due to a lack of raw materials and labour. Following the pandemic, the market demand for quinoa will increase as consumers seek healthy food products that boost anti-oxidants in the body.
Global Quinoa Flour Market Scope
The quinoa flour market is segmented on the basis of type, category and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Red
- Black
- white
Category
- Organic
- Conventional
Distribution channel
- Store based
- Non-store based
Quinoa Flour Market Regional Analysis/Insights
The quinoa flour market is analysed and market size insights and trends are provided by country, of type, category and distribution channel as referenced above.
The countries covered in the quinoa flour market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The North American quinoa flour market is the largest in the world, followed by Europe. Popularity for quinoa flour is increasing as a result of rising health consciousness and quality food consumption patterns in these regions' developed countries, which is contributing to the quinoa market's positive growth. The major quinoa shippers are the United States, China, Saudi Arabia, France, and India. Created trading channels and a preference for high-quality food are also propelling market growth in these countries.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Quinoa Flour Market Share Analysis
The quinoa flour market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to quinoa flour market.
Some of the major players operating in the quinoa flour market are:
- Blue Lake Milling (Australia)
- Grain Millers, Inc. (U.S.)
- Morning Foods Ltd (U.K.)
- General Mills, Inc. (U.S.)
- Avena Foods Limited (Canada)
- RICHARDSON INTERNATIONAL LIMITED (Canada)
- CEREALTO SIRO FOODS (Spain)
- Premier Nutrition Company, LLC (Germany)
- Nestlé SA (Switzerland)
- Molino Spadoni spa (Italy)
- WEETABIX (U.K.)
- Valsemøllen (Denmark)
- Grillon D'Or (France)
- Clif Bar & Company (U.S.)
- Associated British Foods plc (U.K.)
- DANONE SA (Switzerland)
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