Impact of COVID-19 Outbreak on Chia seeds Industry Analysis, Trends and Opportunities 2020 - 2027
Market Overview: Rising sale of chia seeds is driven majorly by its diverse application and high demand from nutraceutical industries. Chia seeds are also used in personal care products based on its high antioxidant value and property to dehydrate the skin. Rising working women population is anticipated to influence the positive growth of chia seed share in personal care products. Chia seeds are found to lower the body’s cholesterol and helps in reducing excess body fat, based on this, the global demand for chia seeds are experiencing a surge. The production and consumption of chia seeds is high in North America and Latin America and is projected to increase at a positive growth rate in various countries of Asia Pacific and Europe as well over the forecast period. Competitive Landscape The major key players in the Chia seeds Industry are Benexia Europa S.A. (Belgium) The Chia Company (Australia) Chia Bia Slovakia s.r.o. (Slovakia) Naturkost Übelhör (Germany) ChiaCorp (U.S.) Bob's