Alter Eco and Ancient Harvest Drive Innovation in the Global Quinoa Market with Sustainable and Organic Offerings

Global Quinoa Market was valued at US$ 233.07 Bn. in 2030. The global Quinoa Market size is estimated to grow at a CAGR of 12.4% over the forecast period.

The global quinoa market is experiencing significant growth, driven by increasing consumer demand for nutritious and versatile food options. Key industry players are adopting innovative strategies, engaging in mergers and acquisitions, and investing in research and development to strengthen their market positions. This press release highlights the top five companies with the largest market share, recent mergers and acquisitions, notable market developments, and new funding or investments within these leading firms.

Top Five Companies with the Largest Market Share

1. Alter Eco (USA)Alter Eco is renowned for its organic and fair-trade quinoa products. The company emphasizes sustainability and ethical sourcing, offering a diverse range of quinoa-based items that have garnered a loyal consumer base.
2. Ancient Harvest (USA)As a pioneer in introducing quinoa to the U.S. market, Ancient Harvest offers a variety of quinoa products, including pasta and ready-to-eat meals. The company's commitment to non-GMO and gluten-free products has solidified its market presence.
3. Andean Naturals Inc. (USA)Specializing in importing and distributing quinoa from South America, Andean Naturals focuses on organic and sustainably sourced products. The company's extensive network and emphasis on quality have positioned it as a leading supplier in North America.
4. Nature’s Path (Canada)Nature’s Path is a Canadian organic food company offering a range of quinoa-based cereals and snacks. Its dedication to organic farming and environmental stewardship has earned it a significant share in the health food market.
5. TruRoots (USA)TruRoots provides a variety of organic quinoa products, emphasizing whole-grain nutrition and sustainability. The brand's focus on high-quality, non-GMO offerings has attracted health-conscious consumers.

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Recent Mergers and Acquisitions

• SACO Foods Inc. Acquires Quinoa CorporationIn August 2024, SACO Foods Inc., a U.S.-based specialty consumer packaged goods company, acquired Quinoa Corporation, known for its Ancient Harvest brand. This acquisition aims to expand SACO Foods' product range and enhance its market presence by incorporating Ancient Harvest's quinoa offerings.
• Above Food Corp. Acquires Northern Quinoa Production Corp. (NorQuin)In May 2022, Above Food Corp., a vertically integrated plant-based food company, acquired NorQuin, one of North America's largest quinoa suppliers. This strategic move enhances Above Food's specialty ingredient capabilities and broadens its consumer packaged goods portfolio.
• Roland Foods Acquires IfiGourmetIn August 2023, Roland Foods acquired IfiGourmet, a specialty food purveyor known for importing and distributing bakery, pastry, confectionery, and ice cream products. This acquisition strengthens Roland Foods' sweets division and expands its product offerings in the gourmet food sector.

Recent Developments in the Market

• Kiwi Quinoa Enters the U.S. MarketIn March 2024, New Zealand-based Kiwi Quinoa launched its award-winning quinoa products in the United States through the health and wellness platform One Lavi. The product range includes Kiwi White Quinoa and Kiwi Red Quinoa, both praised for their superior taste, nutritional benefits, and versatility in various dishes.
• The British Quinoa Company Opens New Processing FacilityIn March 2024, The British Quinoa Company inaugurated a new processing facility in Shropshire, United Kingdom. This facility integrates advanced sorting and cleaning technologies to meet the growing consumer demand for locally sourced quinoa while promoting sustainability and reducing the company's carbon footprint.
• Andean Naturals Expands Sourcing NetworkIn March 2023, Andean Naturals Inc. announced the expansion of its quinoa sourcing network by partnering with local farmers in Bolivia and Peru. This initiative aims to boost supply chain resilience and support small-scale farmers through fair-trade practices. Additionally, the company introduced a cleaning and packaging plant in California to enhance product quality and speed-to-market capabilities for the U.S. and Canadian markets.

New Funding and Investments

• Nestlé SA Invests in Quinoa-Based Snack ProductsIn August 2024, Nestlé SA announced a €50 million investment to develop quinoa-based snack products targeting the health-conscious consumer segment in Europe. This investment reflects the growing demand for nutritious and plant-based snack options in the market.
• NorQuin Reports Revenue GrowthIn the first quarter of 2024, NorQuin, a leading Canadian quinoa producer, reported a 12% year-on-year sales growth. This increase is attributed to robust demand for its proprietary golden quinoa varieties, indicating a strong market presence and consumer preference for high-quality quinoa products.

The global quinoa market continues to evolve, driven by strategic initiatives from leading companies, innovative product developments, and increasing investments. As consumer preferences shift towards healthier and sustainable food options, the quinoa industry is poised for sustained growth and innovation.

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