Anticipated 4.4% CAGR Drives Sacha Inchi Protein Market to $161.84 Million by 2032

Sacha Inchi Protein Market Size Worth $161.84 Million By 2032 | CAGR: 4.4%


The global sacha inchi protein market size is expected to reach USD 161.84 million by 2032, according to a new study by Polaris Market Research. The report “Sacha Inchi Protein Market Share, Size, Trends, Industry Analysis Report, By Form (Powder, Liquid); By Application (Cosmetics, Pharmaceuticals, Food & Beverages, Dietary Supplements); By Region; Segment Forecast, 2023- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The plukenetia volubilis plant, also known as Sacha inchi, is a perennial that yields large, palatable seeds. It is abundant in omega-3 and omega-6 fatty acids, protein, and antioxidants. Growing research studies are revealing the benefits associated with Sacha Inchi protein in the food industry. According to the study published in GSC Biological and Pharmaceutical Sciences, centred on finding the potential use of Sacha inchi as a food additive or conventional medicine, it revealed its capability to be developed as a nutraceutical, primarily to treat high blood pressure and cholesterol. This protein has antioxidant, anti-cancer, anti-hypercholesterolemia, anti-hypertensive, and anti-microbial capabilities, driving its use in medical formulations.

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Sacha Inchi is believed to be a better source of protein and a rich source of amino acids. It has been used as a food source because of its high nutritional value, which is progressively becoming acknowledged to have potential health advantages for people. The population is witnessing rapid demand for plant-based products due to the rise in awareness of the consequences associated with the consumption of non-vegetarian food products.

For instance, in India, there is a rising need for and acceptance of plant-based food items. Despite its small size, new product launches in this category made up 0.7% of all debuts in November 2019, but that percentage increased to 2.1% in October 2022. This trend is expected to continue in the future, as the growing vegan population is driving demand for plant-based products with higher nutritional potential, like Sacha Inchi protein.

Plant-based products are gaining traction in recent days due to their effectiveness in reducing greenhouse gas (GHG) emissions from agriculture by 6% and meat consumption, as well as achieving the "Zero Hunger" target. This will further fuel the demand for Sacha Inchi protein in the next few years, as it will fuel the demand for nutritional plant-based foods, as it can recover nutrition due to the ongoing shift towards plant-based foods.

Sacha Inchi Protein Market Report Highlights

  • Powder segment is anticipated to witness the highest growth in the coming years due to its convenience in adding product formulations.
  • Dietary supplements accounted for the largest market share owing to the growing demand for nutritional supplements.
  • APAC is projected to register the largest growth rate in the study period owing to an increase in the demand for vitamins and minerals to balance a deficiency of nutrients.
  • Europe is expected to have the fastest growth owing to the traditional use of Sacha Inchi oil, driving its increase in imports in the coming years.
  • The global players include Axiom Foods, BIOGRUND, Flora Manufacturing & Distributing, Green Foods Corporation, Herbs America Company, HerboNutra, Imlak'Esh Organics, MaiSavanhLao & MG Natura Peru.

Polaris Market Research has segmented the sacha inchi inchi market report based on form, application and region:

Sacha Inchi Protein, Form Outlook (Revenue - USD Million, 2019 - 2032)

  • Powder
  • Liquid

Sacha Inchi Protein, Application Outlook (Revenue - USD Million, 2019 - 2032)

  • Cosmetics
  • Pharmaceuticals
  • Food & Beverages
  • Dietary Supplements

Sacha Inchi Protein, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Sacha Inchi Protein Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 109.94 million

Revenue forecast in 2032

USD 161.84 million

CAGR

4.4% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD million and CAGR from 2023 to 2032

Segments covered

By Form, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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