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Sacha Inchi Market

Global Sacha Inchi Market Size, Share, Analysis, Report: By Type: Natural, Organic; By Form: Powder, Oil, Seeds, Others; By Application: Pharmaceuticals, Cosmetics, Personal Care, Food and Beverages, Dietary Supplements, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Sacha Inchi Market Outlook

The global sacha inchi market witnessed a healthy growth in the historical period of 2018-2023, driven by the rising demand for superfoods. The market is further expected to grow at a CAGR of 4% in the forecast period of 2024-2032.

 

Sacha Inchi Market

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Expanding Applications of Different Sacha Inchi Forms Driving the Market Growth

Sacha inchi, being a rich source of omega-3, along with other essential nutrients, offers a variety of benefits and is often marketed as a superfood. It is commonly consumed as a snack or added to a variety of dishes. While the whole seeds are often consumed after being roasted, the ground seeds are used as an ingredient in protein powder and other food products. The pressed oil can also be obtained from the seeds, which is further utilised cooking or in dietary supplements.

 

Latin America to Account for a Significant Share in the Global Sacha Inchi Market

Region-wise, Latin America is expected to account for a significant share in the market over the forecast period due to the high cultivation of the plant in the region. The other regions which are expected to contribute to the market growth are Europe and North America. The market is expanding in the developed regions owing to the increased penetration of the key players, while the developing regions are expected to provide enhanced opportunities to the manufacturers to target potential consumers and expand their global reach in the coming years.

 

Sacha Inchi Market by Application

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Sacha Inchi: Market Segmentation

Sacha inchi, also called Plukenetia volubilis, is a perennial plant that is native to much of the tropical South America and some of the areas in Windward Islands in the Caribbean. It is commonly known as sacha or mountain peanut, and Inca nut or Inca-peanut, among other names. It produces a star-shaped fruit. It is a rich source of omega-3 and omega-6 fatty acids. It also contains nutrients like protein, vitamin E, and beta-sitosterol, among others.

Based on type, the market is divided into:

  • Natural
  • Organic

On the basis of form, the industry can be segmented into:

  • Powder
  • Oil
  • Seeds
  • Others

Based on application, the industry can be categorised into:

  • Pharmaceuticals
  • Cosmetics
  • Personal Care
  • Food and Beverages
  • Dietary Supplements
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Sacha Inchi Market by Region

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Rising Health Awareness to Bolster the Growth of the Sacha Inchi Market

The rising health awareness among the consumers is pushing the growth of the sacha inchi industry forward. The growing demand for protein-rich food products and supplements is aiding the industry growth. The several health benefits of sacha inchi are driving its demand in the food and beverages industry, as well as in cosmetics sector to produce face oil, face cream, or hair oil. Moreover, the growing research and development activities regarding the health benefits of the product is resulting in enhanced demand for the product from various end-use industries. The factors like rising disposable incomes and the growing retail sector are also contributing to the industry growth.

The growing demand for vegan, as well as organic products, is expected to provide a further boost to the industry over the forecast period. This is expected to have a positive effect on the expansion of the global sacha inchi market.

 

Key Industry Players in the Global Sacha Inchi Market

The report gives a detailed analysis of the following key players in the global sacha inchi market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Imlak' esh Organics Inc. 
  • Maï Savanh Lao 
  • Herbs America, Inc. 
  • NP Nutra 
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Form
  • Application
  • Region
Breakup by Type
  • Natural
  • Organic
Breakup by Form
  • Powder
  • Oil
  • Seeds
  • Others
Breakup by Application
  • Pharmaceuticals
  • Cosmetics
  • Personal Care
  • Food and Beverages
  • Dietary Supplements
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Imlak’esh Organics Inc.
  • Maï Savanh Lao
  • Herbs America, Inc.
  • NP Nutra
  • Others
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Sacha Inchi Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Sacha Inchi Historical Market (2018-2023) 
    8.3    Global Sacha Inchi Market Forecast (2024-2032)
    8.4    Global Sacha Inchi Market by Type
        8.4.1    Natural
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Organic
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Sacha Inchi Market by Form
        8.5.1    Powder
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Oil
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Seeds
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Sacha Inchi Market by Application
        8.6.1    Pharmaceuticals
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Cosmetics
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Personal Care
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Food and Beverages
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Dietary Supplements
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Others 
    8.7    Global Sacha Inchi Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Sacha Inchi Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Sacha Inchi Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Sacha Inchi Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Sacha Inchi Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East  and Africa Sacha Inchi Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Imlak’esh Organics Inc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Maï Savanh Lao
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Herbs America, Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    NP Nutra
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Sacha Inchi Market: Key Industry Highlights, 2018 and 2032
2.    Global Sacha Inchi Historical Market: Breakup by Type (USD Million), 2018-2023
3.    Global Sacha Inchi Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Sacha Inchi Historical Market: Breakup by Form (USD Million), 2018-2023
5.    Global Sacha Inchi Market Forecast: Breakup by Form (USD Million), 2024-2032
6.    Global Sacha Inchi Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Sacha Inchi Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Sacha Inchi Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Sacha Inchi Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Sacha Inchi Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Sacha Inchi Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Sacha Inchi Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Sacha Inchi Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Sacha Inchi Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Sacha Inchi Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Sacha Inchi Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Sacha Inchi Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Sacha Inchi Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Sacha Inchi Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Sacha Inchi Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4% between 2024 and 2032.

The major drivers of the market include the growing consumption of sacha inchi as a superfood, the rising health awareness, surging demand for sacha inchi from the food and beverage sector, and increasing disposable incomes.

The growing demand for protein-rich food products, the increasing demand for vegan and organic products, and the expansion of the retail sector are the key trends aiding the market development.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of the product in the market are natural and organic.

The major forms of the product in the market are powder, oil, and seeds, among others.

The various applications of sachi inchi are pharmaceuticals, cosmetics, personal care, food and beverages, and dietary supplements, among others.

The major players in the market are Imlak' esh Organics Inc., Maï Savanh Lao, Herbs America, Inc., and NP Nutra, among others.

Analyst Review

The global sacha inchi market is being driven by the rising health consciousness. Aided by the growing demand for superfoods and the rising adoption of vegan diets, the market is expected to witness a moderate growth in the forecast period of 2024-2032, growing at a CAGR of 4%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market is bifurcated into natural and organic. Based on form, the industry can be divided into powder, oil, and seeds, among others. On the basis of application, the industry can be segmented into pharmaceuticals, cosmetics, personal care, food and beverages, and dietary supplements, among others. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Latin America accounting for the largest share of the market. The key players in the above market include Imlak' esh Organics Inc., Maï Savanh Lao, Herbs America, Inc., and NP Nutra, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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