The Chia Seeds Market is Predict to reach USD 3.2 Billion by 2031, at a CAGR of 14%

16-Oct-2024 | Report Format: Electronic (PDF)

Chia Seeds Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Chia Seeds Market size is expected to reach $3.2 billion by 2031, rising at a market growth of 14.0% CAGR during the forecast period. In the year 2023, the market attained a volume of 68,358.40 tonnes, experiencing a growth of 8.0% (2020-2023).

The Online segment is expected to witness a CAGR of 14.3% during (2024 - 2031). E-commerce platforms appeal to health-conscious consumers seeking detailed product information, customer reviews, and competitive pricing, along with the ease of doorstep delivery. This growth was further stimulated by the increasing popularity of smartphones for browsing and the growing trend of health and wellness, which resulted in a greater number of individuals utilizing online channels to purchase chia seeds.

Chia Seeds Market Size - By Region

The Whole Chia segment is leading the Global Chia Seeds Market by Form in 2023; thereby, achieving a market value of $1.4 billion by 2031. Whole chia seeds are popular due to their versatility and ease of use. Consumers can add them directly to smoothies, yogurt, salads, and baked goods without requiring additional processing, making them a convenient option for incorporating into everyday diets. The rising trend of minimally processed and natural foods has further contributed to the popularity of whole chia seeds.

The Black segment would obtain a CAGR of 13.5 % during the forecast period. Black chia seeds are the most common and widely available type. They are popular due to their high nutritional content, which includes a rich source of omega-3 fatty acids, fiber, and antioxidants. The versatility of black chia seeds also makes them ideal for various uses, such as adding to smoothies, cereals, and baked goods, contributing to their widespread acceptance and market dominance.

Full Report: https://www.kbvresearch.com/chia-seeds-market/

The North America region dominated the Global Chia Seeds Market by Region in 2023; thereby, achieving a market value of $1.1 billion by 2031. The Europe region is experiencing a CAGR of 13.6% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 14.6% during (2024 - 2031).