Global [FURL=https://www.industryarc.com/Research/Global-Packaged-Chia-Seed-Market-Research-509520?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Packaged Chia Seed Market[/FURL] size in 2020 is estimated to be $450 million, growing at a CAGR of 5.8% during the forecast period 2021-2026. Chia seeds helps to provide energy and also have immense nutritional value. Increasing health consciousness among people and growing demand for ancient grain products are the major factors driving the growth of this market. Moreover, growing preference for vegan food has increased the shift towards healthy snacks further enhancing the overall market demand for global packaged chia seed during the forecast period 2021-2026.Key Takeaways
In 2020, North America dominates the Global Packaged Chia Seed Market owing to increasing health consciousness among consumers and rising demand for protein alternatives.
Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Global Packaged Chia Seed Market report.
The high processing cost of chia seeds is challenging the growth of the market.
Request for Sample of the Report @ [FURL]https://www.industryarc.com/pdfdownload.php?id=509520[/FURL]
Global Packaged Chia Seed Market Drivers
Increasing Health Consciousness among People
Growing awareness among the consumers regarding the health benefits provided by chia seeds is the major factor driving the market growth of this segment. Moreover, the use of chia seeds as a source of calcium, iron, proteins, & fiber and the growing adoption of a sugar-free and gluten-free diet is increasing the market growth of global packaged chia seed.
The suppliers of the Food and Beverages are impacted owing to the COVID-19 pandemic. However, lockdown is also causing disruptions in the logistics system which affected the supply chain but this pandemic has also increased the health consciousness among the consumers which increases the demand of this market.
Growing Demand for Chia seed based products
The increasing demand for ancient grains and multi-cereal-based products as functional foods is a significant factor driving the growth of the market. Ancient grains are less processed and this increases their demand among consumers. Chia seeds are also used in various food or beverage products, increasing the sale of chia seed-based products in the market.
Global Packaged Chia Seed Market top 10 companies are Nutiva Inc., The Hain Celestial Group Inc., Vega Produce LLC, Nutriwish, Newtree, Glanbia plc, Navitas Organics, Mamma Chia LLC, Mother India Organics and Naturals Pvt. Ltd.
About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.