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Global Sacha Inchi Market: By Type: Natural, Organic; By Form: Powder, Oil, Seeds, Others; By Application: Pharmaceuticals, Cosmetics, Personal Care, Food and Beverages, Dietary Supplements, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Sacha Inchi Market Outlook
The global sacha inchi market witnessed a healthy growth in the historical period of 2018-2022, driven by the rising demand for superfoods. The market is further expected to grow at a CAGR of 4% in the forecast period of 2023-2028.
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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.
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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.
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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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| 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 |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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 (2018-2022)
8.3 Global Sacha Inchi Market Forecast (2023-2028)
8.4 Global Sacha Inchi Market by Type
8.4.1 Natural
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Organic
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Sacha Inchi Market by Form
8.5.1 Powder
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Oil
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Seeds
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Sacha Inchi Market by Application
8.6.1 Pharmaceuticals
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Cosmetics
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Personal Care
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Food and Beverages
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Dietary Supplements
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
8.6.6 Others
8.7 Global Sacha Inchi Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Sacha Inchi Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Sacha Inchi Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Sacha Inchi Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Sacha Inchi Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Sacha Inchi Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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 2028
2. Global Sacha Inchi Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Sacha Inchi Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Sacha Inchi Historical Market: Breakup by Form (USD Million), 2018-2022
5. Global Sacha Inchi Market Forecast: Breakup by Form (USD Million), 2023-2028
6. Global Sacha Inchi Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Sacha Inchi Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Sacha Inchi Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Sacha Inchi Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Sacha Inchi Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Sacha Inchi Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Sacha Inchi Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Sacha Inchi Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Sacha Inchi Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Sacha Inchi Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Sacha Inchi Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Sacha Inchi Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Sacha Inchi Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Sacha Inchi Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Sacha Inchi Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing health awareness, rising demand from the food and beverage and cosmetic industries, and growing demand for superfoods, are expected to aid the market growth.
The key market trends guiding the growth of the sacha inchi market include the rising demand for organic products and growing adoption of vegan diets.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Latin America accounting for the largest market share.
The leading types of the product in the industry are natural and organic.
The major forms of the product in the industry are powder, oil, and seeds, among others.
The dominant application segments in the industry are pharmaceuticals, cosmetics, personal care, food and beverages, and dietary supplements, among others.
The major players in the industry 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 2023-2028, 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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