Can Chia Seeds Sustain Their Popularity in the Health and Wellness Industry?
Chia Seeds Market Overview:
Chia seeds are one of the most exported goods from the food business because they are only produced in a few places. Because chia seeds are increasingly being used in cosmetics and personal hygiene products, the market for chia seeds is expected to grow. Only a few areas are allowed to produce chia seeds, and the lockdown laws hindered exports and imports, which decreased market demand in 2020. However, the pandemic outbreak raised consumer interest in superfoods and other foods that promote health, which opened up lucrative potential for businesses in the chia seed sector. This factor is anticipated to grow the market throughout the forecast period. Chia seeds are not following the trend of commoditization because of their small market.
It is anticipated that the chia seeds market would grow at a compound annual growth rate (CAGR) of 7.93% from 2024 to 2032, or USD 0.61…