Acturial Data Science
Marketing & Advertising
Quinoa seeds belong to Chenopodium (Goosefoot) family, it is cultivated in alcaline soil, in colder climates during the year, and in less quantity of water. Quinoa seeds is produced on a large scale in Argentina, Chile, Ecuador, Bolivia, Colombia and Peru. Quinoa seeds help in improving metabolism, enhances digestive health, alleviating blood pressure, and reducing fat accumulation in the human body. Thus, considering these factors, quinoa seeds market is expected witness high growth in forecast period.
Based on type, the global quinoa seeds market has been segmented into white, black, and red. The white segment is anticipated to gain the largest revenue share in the global quinoa seeds market and shall maintain lead throughout the forecast period. White quinoa seeds are widely available and are being used in various food items such as salads, sauces, and sweet and savory snacks. Increasing prices in the global market as result to strong demand have encouraged food & beverage manufacturers to switch to quinoa from other crops. This is a crucial determinant that is catalyzing the growth of white segment in the global quinoa seeds market. The same segment is expected to grow with the highest growth rate owing to the growth of end-use industries such as food & beverage and personal care in which white quinoa seeds is used.
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