Details:The quinoa flour market was valued at USD 269.57 million in 2021 and is expected to reach the value of USD 407.47 million by 2029, at a CAGR of 5.30% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario.
Quinoa Flour Market Definition
Quinoa flour is a healthier alternative to corn or white flour, which is used in a variety of products. Its richness in vitamin B complexes, magnesium, calcium, and iron, among other essential nutrients, distinguishes and distinguishes it from regular white flour.
• Growing product accessibility around the world and various health benefits associated
The rising demand for gluten-free and low-calorie food products is driving market growth. Furthermore, players are working to make such products accessible and visible to consumers all over the world. This is due to consumer awareness of its antioxidant properties and high potassium content.
• Rising crop yields and government support is augmenting market growth
The number of countries producing quinoa has increased in recent years, which will increase commercial production. The government has aided the quinoa industry by encouraging research and development through the National Institute of Agricultural Research.
Food and beverage manufacturers are considering the health benefits of quinoa and adding significant constituents to make products more delectable and nutritious.
The restraints for the quinoa flour market will be the overpriced quinoa flour, which is less affordable by people because it is not budget friendly, which will hinder the market and create difficulties in the forecasted period.
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COVID-19 Impact on Quinoa Flour Market
COVID-19 Pandemic is a worldwide pandemic that has affected many countries. It has wreaked havoc on the business and marketing fields. During the pandemic, demand for quinoa increased as consumers sought food staples with a longer shelf life and that were healthy to consume.
Global Quinoa Flour Market Scope
• Store based
• Non-store based
Competitive Landscape and Quinoa Flour Market Share Analysis
The quinoa flour market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities.
Some of the major players operating in the quinoa flour market are:
• Blue Lake Milling (Australia)
• Grain Millers, Inc. (U.S.)
• Morning Foods Ltd (U.K.)
• General Mills, Inc. (U.S.)
• Avenal Foods Limited (Canada)
• RICHARDSON INTERNATIONAL LIMITED (Canada)
• CEREALTO SIRO FOODS (Spain)
• Premier Nutrition Company, LLC (Germany)
• Nestlé SA (Switzerland)
• Molino Saponi spa (Italy)
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Definition
Chapter Three: Covid 19 Impact
Chapter Four: Market Scope
Chapter Five: Market Share Analysis
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