Quinoa belong to Chenopodium (Goosefoot) family, it is
cultivated in alkaline soil, in colder climates, and in less quantity of water.
Increasing awareness about benefits of using quinoa flour in diets help in
improving metabolism, enhances digestive health, alleviating blood pressure,
and reducing fat accumulation in the human body. Gluten-free property of quinoa
flour has resulted to strong demand in the market, which in turn has encouraged
food & beverage manufacturers to switch to quinoa from other crops.
Moreover, due to high vitamin B12 (Cobalamin) content in quinoa, which helps in
formation of red blood cells and helps preventing anemia. The vitamin B3
(niacinamide) in quinoa, aids in regulating digestion and prevents risk of
heart diseases. Thus, these factors are expected to boost the growth of quinoa
flour in the market. Thus, considering these factors, quinoa flour market is
expected witness high growth in forecast period.
The global quinoa flour market has been segregated, by
distribution channel, into store-based and non-store based. The store-based
segment has been further segregated into supermarkets and hypermarkets,
convenience store, and others. The store-based segment is expected to generate
higher revenue, with the supermarkets and hypermarkets sub-segment being the
largest due to the strong and widespread network of stores. The non-store-based
segment is expected to register the higher CAGR during the assessment period
owing to technological advancements in the e-commerce industry and growing
consumer preference for online retailing.
Regional Analysis
The global quinoa flour market has been segmented on the basis
of region, into North America, Europe, Asia-Pacific, Rest of the World.
North America is expected to dominate the global quinoa flour
market owing to the large production of quinoa flour in the region. Countries
such as the US and Canada are major of quinoa flour products, as this flour is
gluten free and has low glycemic index. Thus, quinoa is used as substitute of
wheat flour or rice in various food items. Also, to the increasing prevalence
of gluten intolerance and celiac disease, especially in the US.
Key Players
Some of the key players in the global quinoa flour market are
Quinoa Foods Company (Bolivia), Northern Quinoa Production Corporation
(Canada), Andean Valley Corporation (Bolivia), King Arthur Flour Company, Inc.
(US), Bob's Red Mill Natural Foods, Inc. (US), The British Quinoa Company (UK),
Nutriwish (India), Andean Naturals, Inc. (US), Dutch Quinoa Group BV
(Netherland), Organic Farmers Co. (India).
Complete Report Details @ https://www.marketresearchfuture.com/reports/quinoa-flour-market-7386
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