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Chia Seeds Market To Reach US$ 2,747.07 Mn By 2023

The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

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Market Insights

Chia seeds are becoming increasingly popular owing to its nutritional and   health related properties such as omega-3 fatty acids, anti-oxidants, protein, fiber and minerals. The major factors driving the chia seeds market include the rising demand of beverages, cereals, and snacks made from healthy ingredients, increasing awareness about gluten free diet, and long shelf life of chia seeds. However, high price fluctuation of chia seeds is the major factor hampering the market growth. Furthermore, presence of various cheap alternatives such as soy, canola and flax is also inhibiting market growth.

Growing popularity of super foods and expanding application scope of chia seeds offers unlimited potential for growth. Moreover, the market’s high demand to supply ratio is also creating lucrative opportunities for growth of the market and for manufacturers. In addition, owing to increasing popularity of chia seeds in Asia Pacific and European regions offers huge untapped market potential.

Competitive Insights:

Benexia, Chiatrition Chia Seeds, Naturya, Original Chia, Glanbia Nutritionals, Spectrum Essentials Chia Seeds, TruRoots organic chia seeds, Naturkost Übelhör, Chiatrition Chia Seeds, MDECA Group SRL, and Chia Freyval Company are some of the key players present in this market.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Chia Seeds contains:

Analysis and forecast of Specialty Fats and Oils market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Specialty Fats and Oils market;

Assessment and forecast of Specialty Fats and Oils market development;

Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.

Scope

– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026

– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies

– Details of major planned Specialty Fats and Oils projects in the world up to 2026

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