Chia Seeds are seeds extracted from the flowering plant known as Salvia hispanica or Chia. These seeds have become the most popular super foods for health conscious people due to its nutritional value and energy boosting power. They have a variety of applications like oil and food. The Global Chia Seeds Market was worth 367.5 Million USD in 2018 and is estimated to reach 1513.48 million USD by 2025 at a CAGR of 22.41% during the forecast period.
Growth by Region
Americas region is expected to dominate the Global Chia Seeds market in the forecast period as they are used as food supplement and gluten free diets in this region. Americas is followed by Europe and Asia Pacific region with next highest market shares.
Drivers vs. Constraints
The increasing use in various industries, growing usage of these seeds as super foods and their ability to help and support heart and cardiovascular systems are the reasons for the growth of this market.
Rapid price fluctuations and availability of cheaper alternatives are the factors which restrict market growth.
Industry Structure and Updates
In 2016, a private company in Chia seeds Market, Mamma Chia has launched a new energy drink ‘Seed Your Soul’ combining Chia seeds with extract of different fruits.