Dublin, Feb. 15, 2023 (GLOBE NEWSWIRE) -- The "Chia Seeds - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Chia Seeds estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$6.9 Billion by 2030, growing at a CAGR of 16.5% over the analysis period 2022-2030.
Black, one of the segments analyzed in the report, is projected to record a 17.9% CAGR and reach US$4.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the White segment is readjusted to a revised 15.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $551.2 Million, While China is Forecast to Grow at 24.4% CAGR
The Chia Seeds market in the U.S. is estimated at US$551.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 24.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.9% and 13.8% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 12.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$992.2 Million by the year 2030.
Select Competitors (Total 46 Featured) -
- Bob's Red Mill Natural Foods
- ChiaCorp
- Garden of Life LLC
- Glanbia PLC
- Naturkost Ubelhor GmbH & Co. KG
- Navitas Organics
- Spectrum Organic Products LLC
- The Chia Company
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Report Metrics
| Report Attribute | Details |
| No. of Pages | 173 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2 Billion |
| Forecasted Market Value (USD) by 2030 | $6.9 Billion |
| Compound Annual Growth Rate | 16.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Chia Seeds - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/sih6pj-seeds?w=12
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