The global chia seeds products market is expected to reach a value of USD 4.7 billion by 2030, growing at a CAGR of 8.8% over the forecast period. The increasing awareness of health and wellness among consumers is driving the market growth. Chia seeds are rich in omega-3 fatty acids and antioxidants, which are beneficial for healthy skin, hair, and overall health. Moreover, the increasing trend of veganism is also driving the market growth. As veganism is gaining popularity, the demand for chia seeds products is increasing as they are considered to be the most beneficial plant-based source of omega-3 fatty acids.

Furthermore, the rising consumption of functional foods and beverages is also aiding the growth of the market. Chia seeds are being used as an ingredient in various functional foods and beverages such as breakfast cereals, energy bars, and smoothies. Furthermore, the growing application of chia seeds in various recipes, such as salads, smoothies, and desserts, is expected to drive the market further. The rapid growth of the food and beverage industry, along with the increasing demand for healthy and nutritious food, is likely to propel the market growth.

The rising demand for natural and organic products is also contributing to the market growth. Several companies are launching organic chia-based products and the increasing awareness about organic products is driving the demand for organic chia seeds products. For instance, in June 2021, Navitas Organics launched a new line of organic chia products, including chia seed oil, chia seeds, and chia seed powder. The company claims that its products are sustainably sourced from small farms in South America.

Moreover, the increasing demand for convenience food is propelling the market growth. Companies are introducing chia-based convenience foods such as energy bars and breakfast cereals to meet the growing demand for convenience foods. For instance, in April 2021, Bob’s Red Mill launched a range of chia-based breakfast cereals that are rich in fiber, omega-3 fatty acids, and protein. The cereals are gluten-free, vegan, and Non-GMO Project Verified.

In addition, the rising demand for chia seeds due to its benefits such as its high fiber content, protein content, and its ability to aid weight management is propelling the market growth. Moreover, the increasing use of chia seeds in the cosmetics and pharmaceuticals industry is also driving the market growth. For instance, in April 2021, Nature’s Way launched a new line of chia seed-based supplements for joint health. The range comprises of capsules, tablets, and powder forms. The company claims that its products are made with premium-grade chia seeds and are rich in omega-3 fatty acids.

Chia seeds are widely used in various food products. The seeds are rich in omega-3 fatty acids, protein, dietary fiber, and antioxidants, making them a nutritious and functional food that can be used in various applications. The product segment is expected to witness a significant growth of 8.0% during the forecast period. The increasing awareness of health benefits associated with chia seeds is driving the demand for the product. As a result, many food manufacturers have incorporated chia seeds in their products to increase the health benefits. For instance, in 2018, Nutiva launched an organic chia seed oil, containing Omega-3 fatty acids, antioxidants, and key minerals.

The powder segment is anticipated to expand at the fastest CAGR of 9.2% over the forecast period. Chia seed powder is used as a food supplement, owing to its high protein and dietary fiber content. The powder is used for smoothies and shakes, as well as for baking purposes. Chia seed powder is also used in the production of various vegan products like burgers, milk, and egg substitutes. In addition, the powder is used as a thickener in various food products, due to its gel-forming properties.

The retail stores segment captured the major share of over 40.2% in 2022. The growth of the segment is mainly driven by the rising consumer inclination towards supermarkets and hypermarkets as the primary source to purchase food products. According to a study by FoodSafety.com in 2020, chia seeds are gaining more popularity among people due to their nutritional benefits. These stores provide a wide range of products, including chia seeds, and assist customers in making quick purchasing decisions.

The online segment is anticipated to expand at the highest CAGR of 11.7% over the forecast period. E-commerce development in the food industry has been rapid, with companies launching online websites and shopping apps to increase their brand visibility among consumers. For instance, in December 2022, Amazon launched Amazon Pantry to offer grocery and household items of daily needs. The website provides a wide range of products in the food category, including chia seeds. In addition, it also offers customers the convenience of online shopping with delivery at their doorstep.

The organic segment accounted for the largest revenue share of 70.2% in the year 2022. The growing awareness about the health benefits of organic chia seeds is driving the demand for the organic segment. Moreover, the growing health-conscious population, especially in the developed countries, is driving the demand for organic products. For instance, according to the Organic Trade Association, the sales of organic products in the U.S. grew 6.3% in 2018 and reached a total of $47.9 billion. This growth is due to the rising demand for organic foods, including chia seeds.

The conventional segment is anticipated to register a CAGR of 8.4% over the forecast period. The lower cost of conventional chia seeds compared to organic chia seeds is driving the demand for the conventional segment. Moreover, the increasing availability of conventional chia seeds in the retail stores is further driving the growth of the segment. For instance, in May 2020, the brand Healthy Crunch launched a line of chia-based snacks in the Canadian market. This product was available in retail stores such as Whole Foods, Loblaws, and Metro.

North America is expected to witness the highest growth over the forecast period, owing to the increasing health benefits associated with chia seeds and growing demand for healthy food products. Consumers in the region are increasingly becoming aware of the health benefits associated with the product, such as high protein and omega-3 content. This, in turn, is expected to increase the demand for chia seeds in the region. Furthermore, the presence of various large-scale manufacturers in the region is expected to further enhance the demand for chia seeds.

Europe is expected to witness slow growth over the forecast period. Increasing health consciousness and the presence of various health-conscious consumers in the region are expected to drive the growth of the market. Furthermore, the growing demand for plant-based proteins is expected to propel the growth of the market in the region. Additionally, the presence of various established players, such as Whole Foods Market and Aldi, is expected to further drive the growth of the market in the region.

In this part of the chia seeds production business plan, we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your chia seeds production business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions

The main source of revenues for a chia seeds production business comes from the sale of chia seeds products such as chia seed oil, chia seed powder, and chia seed capsules. Other sources of revenue include wholesalers, online stores, and retailers.

Projecting Expenses

In this section, all the regular expenses related to keeping the chia seeds production business running will be described. The list of operating expenses includes purchasing chia seeds, packaging, wages, utilities, production costs, advertising, shipping, and others.

Some of the key companies operating in the chia seeds market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In June 2022, Walgreens launched a range of products containing chia seeds including chia seed bars, chia seed gummies, and chia seed energy shots.

– In August 2022, Whole Foods launched a range of chia seed products including chia seed energy bars, chia seed energy drinks, and chia seed smoothies.

– In October 2022, Trader Joe’s launched a range of chia seed-based products including chia seed meal bars, chia seed granola bars, and chia seed cookies.

Some of the prominent players in the chia seeds market include:

– Walgreens
– Whole Foods
– Trader Joe’s
– Kroger
– CVS Health
– Natural Grocers
– ALDI
– Sprouts Farmers Market
– Costco
– Target

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global chia seeds products market based on product type, application, distribution channel, and region:

1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Chia Powder
– Chia Oil
– Chia Seeds

2. Application Outlook (Revenue, USD Million, 2017 – 2030)

– Food and Beverage
– Dietary Supplements
– Animal Feed
– Others

3. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

[Q]: What are the Major Drivers of the Global Chia Seeds Market?
[A]: The global chia seeds market is driven by increasing health awareness among consumers, growing demand for vegan and vegetarian diets, improved nutritional profile of chia seeds, their high fiber content, increasing demand for chia seeds as an ingredient in various food applications, and their easy availability.

[Q]: What are the Key Trends in the Global Chia Seeds Market?
[A]: Key trends observed in the global chia seeds market include a shift towards organic chia seeds, the introduction of new flavors and product variants, rising demand for chia-based snacks and beverages, and increased use of chia seeds in the cosmetics industry.

[Q]: Who are the Major Players in the Global Chia Seeds Market?
[A]: Major players in the global chia seeds market include Navitas Organics, Yachak Organic, ChiaBia Ltd, SunOpta, Inc., HealthWise Foods, Inc., Health Warrior Inc., Salba Smart Natural Products LLC, and Zamia.

[Q]: What are the Major Applications of Chia Seeds?
[A]: The major applications of chia seeds include food and beverage, culinary, nutrition supplements, cosmetics, and animal feed. Chia seeds are widely used in food and beverage applications such as bakery products, breakfast cereals, smoothies, and salad dressings. They are also used in culinary applications, nutrition supplements, cosmetics, and animal feed.

[Q]: What is the Regional Outlook of the Global Chia Seeds Market?
[A]: In terms of region, North America is expected to dominate the global chia seeds market, followed by Europe. This can be attributed to the increasing demand for chia seeds in the region, as well as the presence of major market players in the region. Furthermore, the growing demand for chia seeds in Asia Pacific is expected to drive the market in the region.