Quinoa Price in USA
- United States: 2663 USD/MT
In the third quarter of 2023, the price of quinoa in USA reached 2663 USD/MT by September.
The latest report by IMARC Group, titled "Quinoa Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of quinoa prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Quinoa Prices December 2023:
- United States: 2663 USD/MT
- China: 2250 USD/MT
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The study delves into the factors affecting quinoa price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Quinoa Price Trend- Last Quarter
Quinoa is a pseudo-cereal that is harvested from a plant closely related to beets and spinach. It has a mild flavor and unique texture, which makes it adaptable to various culinary applications, enhancing dietary variety. It can be cultivated in diverse climatic conditions, including areas with poor soil quality and limited water resources. It is packed with essential nutrients, such as proteins, vitamins, and minerals, which are crucial for overall health. It promotes digestive health and helps maintain regular bowel movements. It is rich in antioxidants that aid in reducing inflammation and protecting against chronic diseases. It assists in maintaining stable blood sugar levels, which is beneficial for managing diabetes. It supports cardiovascular health by lowering cholesterol levels and reducing hypertension risk. It has high protein and fiber, aiding in prolonged satiety and reducing overall calorie intake. It provides a nutritious gluten-free option for those with celiac disease or gluten intolerance.
Quinoa Industry Analysis
At present, the increasing demand for convenient, nutritious, and easy-to-prepare foods among busy individuals represents one of the major factors impelling the market growth. The quick cooking time and adaptability of quinoa to both simple and gourmet recipes make it an appealing choice for busy urban dwellers. Additionally, the growing advances in affordable and easy farming techniques are improving quinoa yields and quality, making it widely available. Research into the adaptability of quinoa to different climates is expanding its cultivation to non-traditional regions. Besides this, the rising occurrence of gluten sensitivity issues among the masses is contributing to the market growth. As a complete protein that is also gluten-free, quinoa serves as an excellent alternative to traditional grains and protein sources.
Furthermore, increasing advancements in food processing and packaging are improving the shelf life and convenience of quinoa. Pre-washed, ready-to-cook (RTC) quinoa products are making it easier for consumers to incorporate quinoa into their diets without additional preparation steps. In addition, the growing demand for functional food, which focuses on products that provide health benefits beyond basic nutrition, is catalyzing the demand for quinoa, as it is recognized for its numerous health benefits. Apart from this, the rising number of e-commerce platforms is making it easier for consumers worldwide to access quinoa. Improved trade logistics are also facilitating the export of quinoa from major producing countries to international markets.
Moreover, aggressive marketing strategies and educational campaigns by quinoa producers, food companies, and health organizations are generating awareness about the health benefits and versatility of quinoa. Government initiatives and support from non-governmental organizations (NGOs) promoting quinoa as a sustainable and nutritious crop are increasing production and awareness, thereby fueling the market growth.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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