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Global Chia Seeds Market – Analysis of Growth, Trends and Forecast (2017 – 2022)

Chia Sources

There are about 80% of the global chia supply are from Latin America, Australia and some countries in Asia-Pacific that are scaling production to meet the global demand.

Market Trends

Organic and non-GMO variants are the emerging trends for chia seeds. On top of that, chia is used as a functional ingredient in a number of bakery products, muesli bars, peanut butter and cereals.

Growth Factors

Chia seed market is one of the fastest growing commodity markets, globally, and projected to reach USD 2.1 billion by 2022, with a CAGR of 40.62% during 2017-2022 (the forecast period). Growing popularity of chia seeds and increased use in various industries are the major drivers for the market. Asia-Pacific is the target market for chia seeds and expected to witness the fastest growth due to growing popularity and the inclination towards super foods.

Global Chia Seeds Market, Production and Consumption (in million tons) 2016

Source: Mordor Intelligence, Oct 2017.

In the year of 2016, Mamma Chia, a leading private company in the chia seeds market, introduced its new energy drink, “Seed Your Soul”, with incorporation of chia seed and the extract of different fruits.

Besides, the European Commission has approved the use of chia seed in bread products with a limit not more than 5%. In addition, the food industry use chia seeds and its oils for other applications including breakfast cereals, bars, cookie snacks, fruit juices, cakes and yoghurt.

Reference

Mordor Intelligence. (2017). Global Chia Seeds Market – Analysis of Growth, Trends and Forecast (2017 – 2022), Industry Report.