Seedlings and magnificent superfoods like buckwheat, hemp, chia and flax have gone mainstream.
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June
24,2020
5 minutes read.
Opinions revealed by Entrepreneur factors are their own.
As customers continue to turn their attention to organic, plant-based, and nutritionally thick foods, we’re beginning to see a rise in the development of some unlikely and (actually) small items– specifically, seeds. Products like buckwheat, hemp, flax, and chia were on the margins of the organic food market just a couple of years earlier, but the seed market will likely grow a fair bit in the near future.Buckwheat, for example, is anticipated to reach a valuation of $1.8 billion globally by 2027, mostly due to increased need in the food and beverage sector. Chia, once better called a garish houseplant, is still offering fairly modestly ($665 million in 2018), but is growing even faster, at a rate of 5.8 percent. Flaxseed is growing much more rapidly, at a forecasted rate of 12.7 percent. And of course, hemp seeds have delighted in a boost from the general development of the marijuana item market and are expected to continue to grow to $480 million by2024 While none of these figures individually might be groundbreaking, it’s worth noting that these components were hardly in the cultural vocabulary a few years earlier, save for natural food shops and old-school vegetarian cookbooks. Now they seem to be popping up everywhere. On the other hand, sectors like junk food are growing at comparably slower rates.Relate
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