The global chia seeds market size is expected to reach USD 4.7 billion by 2025 growing at a CAGR of 22.3%, According to a new report by Grand View Research, Inc. Rising demand for gluten-free products, awareness about the health benefits of chia seeds, and growing use of omega 3 in animal feed are some of the prominent factors driving the growth of this market.
Chia seeds are tiny black/white seeds of the plant Salvia hispanica widely grown in Central America. It has gained attention as an excellent source of omega-3 fatty acid. It is also used as a source of fiber and contains protein and minerals including iron, calcium, magnesium, and zinc. These factors are also likely to drive the product demand. The product are available in various forms, such as oil and milled/ground, whole, and pre-hydrated seeds. Whole chia accounted for the largest market share of 44.14% in 2018.
Asia Pacific is projected to be the fastest-growing region from 2019 to 2025 on account of increasing product consumption. India, China, and Japan are some of the leading economies driving the market growth in the region. Moreover, increasing cases of lifestyle diseases, such as diabetes, blood pressure, and asthma, in the region will boost the product demand.
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Further key findings from the study suggest:
- The milled/ground form segment is expected to account for the largest share of the global chia seeds market by 2025
- However, chia oil form segment is projected to ascend at the fastest CAGR of 23.4% over the forecast years
- Black chia seed type is expected to be the largest, as well as the fastest-growing, segment from 2019 to 2025
- U.S., Germany, China, and Brazil are the major countries with largest markets in their respective regions
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Grand View Research has segmented the global chia seeds market on the basis of form, type, and region:
Chia Seeds Form Outlook (Revenue, USD Million, 2015 – 2025)
- Whole Chia
- Milled/Ground Chia
- Pre-hydrate Chia
- Chia Oil
Chia Seeds Type Outlook (Revenue, USD Million, 2015 – 2025)
Chia Seeds Regional Outlook (Revenue, USD Million, 2015 – 2025)
- North America
- Asia Pacific
- Central & South America
- Middle East & Africa
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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