AcuteMarketReports

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

Press Release   •   Feb 28, 2017 15:19 IST

According to a new market report published by Credence Research Inc., “Chia Seeds Market by Application Type (Food, Beverages & Dairy, Animal Feed, Cosmetics & Skin Care and Pet Food)” - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023”, the worldwide chia seeds market was valued at US$ 199.85 Mn in 2015. In the same year, in terms of volume the market was 40.79 kilo tons.

Browse the full report at http://www.credenceresearch.com/report/chia-seeds-market

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.

Browse the full report at http://www.credenceresearch.com/report/chia-seeds-market

Key Trends:

Asia Pacific and European regions offers huge untapped market potential

Expanding application scope of chia seeds offers unlimited potential for growth

High demand to supply ratio is also creating lucrative opportunities for growth of the market and for manufacturers

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

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No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.

Contact:

Name: Chris Smith

Designation: Global Sales Manager

E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web: http://www.credenceresearch.com

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.