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Quinoa Flour Market Worldwide Analysis, Future Growth, Business Prospects and Forecast to 2023

iCrowdNewswire   Jan 11, 2021  1:40 PM ET

Market Scenario

Global Quinoa Flour Market is estimated to grow tremendously and register substantial growth during the forecast period.

Market players concentrate on their R&D activities to introduce new and creative products using quinoa flour, as demand for gluten-free and low-calorie food items is growing. The players also focus on making certain items available and visible to consumers across the globe.

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Some of the Eminent Players in the Global Quinoa Flour Market are Northern Quinoa Production Corporation (Canada), The British Quinoa Company (UK), Bob’s Red Mill Natural Foods, Inc. (US), Nutriwish (India), King Arthur Flour Company, Inc. (US), Andean Naturals, Inc. (US), Andean Valley Corporation (Bolivia), Dutch Quinoa Group BV (Netherland), Quinoa Foods Company (Bolivia), Organic Farmers Co. (India).

Segment Analysis

The global quinoa flour market has been segmented based on category, type, distribution channel, and region.

Based on the type, the Global Quinoa Flour Market has been bifurcated as black, white, and red. The white segment is expected to gain the largest share of revenue on the global market for quinoa flour and will maintain the lead over the forecast period.

The global market for quinoa flour has been segregated as organic and conventional, based on category. Due to the enormous availability and low prices of conventional quinoa flour, the conventional segment is anticipated to acquire significant share of the global market for quinoa flour. However, the organic segment is expected to project a higher CAGR during the forecast period because of increased consumer inclination towards organic products.

Regional Overview

Global Quinoa Flour Market demand for has been explored in four main regions — North America, Europe, Asia-Pacific and the rest of the world.

In the forecast timeframe North America is expected to lead the demand for quinoa flour. Dominance of the region can be due to different factors such as the emergence of a large number of producers of quinoa flour, growing knowledge about the health benefits of quinoa flour. Countries like the US and Canada are major in quinoa flour products, as this flour has a low glycemic index and is gluten-free. — prevalence of gluten intolerance and celiac disease too, particularly in the United States.

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