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Global Quinoa Milk Market – Industry Trends and Forecast to 2029

Food & Beverage

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Global Quinoa Milk Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Nov 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Quinoa Milk Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 133.26 USD Million
Diagram Market Size (Forecast Year) USD 212.40 USD Million
Diagram CAGR %

Major Markets Players

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Global Quinoa Milk Market, By Product Type (Sweetened, Unsweetened), Type (Blended, Un-Blended), Form (Ready-to-Drink, Instant Powder), Flavors (Original, Chocolate, Vanilla, Others), Distribution Channel (Store based Retailers, Online Retailers) – Industry Trends and Forecast to 2029.

Quinoa Milk Market

Quinoa Milk Market Analysis and Size

Quinoa milk is in high demand among consumers due to the health benefits it provides. Quinoa milk is gluten-free and high in fibre, and it is used as a substitute for corn or wheat milk in a variety of foods. It is high in vitamin B complex, magnesium, calcium, iron, and potassium, all of which are essential for the human body.

Data Bridge Market Research analyses that the f market was valued at USD 133.26 million in 2022 and is expected to reach the value of USD 212.40 million by 2029, at a CAGR of 6.00% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Quinoa Milk Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Sweetened, Unsweetened), Type (Blended, Un-Blended), Form (Ready-to-Drink, Instant Powder), Flavors (Original, Chocolate, Vanilla, Others), Distribution Channel (Store based Retailers, Online Retailers),

Countries Covered

U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

The Quaker Oats Company (U.S.), Blue Lake Milling Pty Ltd (Australia), Grain Millers, Inc. (U.S.), Morning Foods Ltd (U.K.), General Mills, Inc. (U.S.), Avena Foods Limited (Canada), Richardson International (Canada), CEREALTO SIRO FOODS (Spain), Premier Nutrition Company, LLC (Germany), Nestlé SA (Switzerland), Molino Spadoni spa (Italy), WEETABIX (U.K.), Valsemøllen (Denmark), Grillon D'Or (France), Clif Bar & Company (U.S.), Associated British Foods plc (U.K.), DANONE SA (Switzerland)

Opportunities

  • The rising prevalence of lifestyle diseases
  • Use of quinoa for disease prevention and health maintenance
  • Food and beverage manufacturers are considering the health benefits of quinoa

Market Definition

Quinoa is a flowering plant that belongs to the amaranth family. It is an herbaceous annual plant grown primarily for its edible seeds, which are high in protein, fibre, B vitamins, and minerals when compared to many grains. Quinoa milk is lactose and gluten free, making it ideal for vegans, vegetarians, lactose intolerant individuals, and celiac. Its richness in vitamin B complexes, magnesium, calcium, and iron, among other essential nutrients, distinguishes and distinguishes it from regular white milk.

Drivers

  • Growing demand for organic food products in the global markets

One of the key drivers influencing demand for quinoa milk in the global market is the growth of the organic food and beverage industry, as consumer awareness about the benefits of eating food products with low additives, non-GMO, natural, and other ingredients is expected to drive consumers to choose healthy foods. On the other hand, sales of organic food and beverages in the global food market are increasing due to increased supply of organic products by modern retail formats and an increase in the number of small organic food manufacturers due to high demand.

  • Recent developments and changes in global consumption patterns

In recent years, the number of countries producing quinoa has increased, which will increase commercial production. The government has aided the quinoa industry through the National Institute of Agricultural Research by encouraging research and development. During the forecast period, the market is expected to be driven by recent developments and changes in global consumption patterns. Due to its adaptability to different environments and perceived dietary benefits, quinoa has the potential to introduce a new crop into the cropping system.

Opportunities

  • Product Innovations

Food and beverage manufacturers are considering the health benefits of quinoa and adding significant constituents to make products more delectable and nutritious. Aside from that, the use of quinoa for disease prevention and health maintenance is expected to fuel a positive growth in terms of value during the forecast period. 

Restraints

  • Overpricing

The overpriced quinoa milk, which is less affordable by people because it is not budget friendly, will hinder the market and create difficulties in the forecasted period.

This quinoa milk market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the quinoa milk market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Quinoa Milk Market

COVID-19 the term pandemic refers to a worldwide pandemic that has affected many countries. It has caused havoc in the fields of business and marketing. Demand for quinoa milk increased during the pandemic as consumers sought food staples with a longer shelf life that were also healthy to consume. Manufacturers are experiencing production difficulties due to raw materials and labour scarcity. Following the pandemic, there will be an increase in market demand for quinoa as consumers seek healthy food products that boost anti-oxidants in the body.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Quinoa Milk Market Scope

The quinoa milk market is segmented on the basis of product type, type, form, flavors and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Sweetened
  • Un-sweetened

Type

  • Blended
  • Un-blended

Form

  • Ready-to-Drink
  • Instant Powder

Flavors

  • Original
  • Chocolate
  • Vanilla
  • Others

Distribution channel

  • Store based Retailers
  • Online Retailers

Quinoa Milk Market Regional Analysis/Insights

The quinoa milk market is analyzed and market size insights and trends are provided by country, of product type, type, form, flavors and distribution channel as referenced above.

The countries covered in the quinoa milk market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

The quinoa market is the largest in the world, followed by Europe. Popularity for quinoa milk is increasing as a result of rising health consciousness and quality food consumption patterns in these regions' developed countries, which is contributing to the quinoa milk market's positive growth. The major quinoa shippers are the United States, China, Saudi Arabia, France, and India. Created trading channels and a preference for high-quality food are also propelling market growth in these countries.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Quinoa Milk Market Share Analysis

The quinoa milk 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, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to quinoa milk market.

Some of the major players operating in the quinoa milk market are:

  • The Quaker Oats Company (U.S.)
  • Blue Lake Milling Pty Ltd (Australia)
  • Grain Millers, Inc. (U.S.)
  • Morning Foods Ltd (U.K.)
  • General Mills, Inc. (U.S.)
  • Avena Foods Limited (Canada)
  • Richardson International (Canada).
  • CEREALTO SIRO FOODS (Spain)
  • Premier Nutrition Company, LLC (Germany)
  • Nestlé SA (Switzerland)
  • Molino Spadoni spa (Italy)
  • WEETABIX (U.K.)
  • Valsemøllen (Denmark)
  • Grillon D'Or (France)
  • Clif Bar & Company (U.S.)
  • Associated British Foods plc (U.K.)
  • DANONE SA (Switzerland)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The current market value is USD 133.26 million in 2022.
The market is expected to grow at a rate of market is 6.00% during the forecast period of 2022 to 2029.
The Quinoa Milk Market covers these segments: Type, Form, Flavors, Distribution Channel
Europe tends to dominate the Quinoa Milk Market forecast from 2022 to 2029.
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