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Global Sacha Inchi Market to Grow at a CAGR of 4% During 2020-2025, Driven by the Growing Shift Towards Bodybuilding and Fitness

According to a new report by EMR titled, ‘Global Sacha Inchi Market Report and Forecast 2020-2025’, the global market for sacha inchi is projected to register a CAGR of 4% over the forecast period of 2020-2025.

The sacha inchi plant grows abundantly on perennial vines, and this superfood has been sustaining indigenous populations for many centuries owing to its dense nutritional profile. The product is available in different forms, with powder and seeds being the most preferred ones. The growing shift towards bodybuilding and fitness is driving the demand for sacha inchi powder, which is one of the cleanest sources of protein in the market. This protein powder can further be added to smoothies, protein pancakes, and more owing to its neutral taste. Moreover, it is an amazing source of vegan essential fatty acids. The busy and sedentary lifestyle is driving the demand for an on-the-go snack for a supercharged routine. As sacha inchi seeds are packed with protein and healthy Omega 3 oils, it is witnessing a surge in popularity among consumers looking for healthy snack alternatives.

The growing incidences of allergy, lactose intolerance, and digestive issues are resulting in increased demand for allergen-free and easy to digest food products. Sacha inchi protein powder produced by Imlak’esh Organics Inc., one of the leading players in the industry, is free of allergens and great for people avoiding soy, dairy, whey, and gluten. It is particularly curated to provide the ultimate nutritional bioavailability and makes the absorption process easier for the digestive system. Further, these products are available in glass packaging, which keeps it fresh, and makes it reusable, easy to recycle, and environmentally friendly. The growing internet penetration and the rise in the number of smartphone users have made online shopping a great success. The e-commerce giant, namely Amazon.com, Inc. (NASDAQ: AMZN), is providing various sacha inchi based products to the consumers at a discounted price, which is expected to boost the sales of the product in the coming years. Such developments are expected to positively impact the global sacha inchi industry growth over the forecast period.

Market Breakup by Type, Form, Application, and Region:

  • Based on type, the market can be bifurcated into natural and organic segments. 
  • On the basis of form, the market is divided into powder, oil, and seeds, among others. 
  • Based on application, the industry has been categorised into pharmaceuticals, cosmetics, personal care, food and beverages, and dietary supplements, among others.
  • Region-wise, the global sacha inchi industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global sacha inchi industry is being driven by the rising concern regarding health among consumers and the growing shift towards a healthier lifestyle. 
  • The advancing pharmaceuticals industry and the growing R&D activities are further propelling the market growth. 
  • The growing disposable incomes and improved availability of the end use products are significantly contributing to the industry growth. 
  • The increasing demand for organic and vegan food products is expected to further aid the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for sacha inchi for the periods (2015-2019) and (2020-2025). 
  • The report also offers historical (2015-2019) and forecast (2020-2025) market information for the types, forms, applications, and regional markets of sacha inchi.
  • The report also gives the regional historical (2015-2019) and forecast (2020-2025) price trends of the product.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global sacha inchi market are Imlak’esh Organics Inc., Maï Savanh Lao, Herbs America, Inc., and NP Nutra, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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