Future Market Insights, Inc. expects chia seed demand to reach $390 million by 2033 at 7% CAGR.

US Chia Seed Consumption Growth: FMI projects a 6.70% CAGR in North America's chia seed sales, reaching US$ 390.3 million by 2033. 

UK Dietary Trends Impact: Increasing popularity of plant-based, vegan, and keto diets in the UK drives the demand for chia seeds. 

Global Market Worth: The global chia seed market was valued at US$ 195.3 million by the end of 2022, expected to reach US$ 203 million in 2023. 

– Continued Growth Projection: FMI anticipates a 7% CAGR from 2023 to 2033, attributing growth to consumer demand for gluten-free products and chia seeds' health benefits.

– Omega-3 Source in Animal Feed: Chia seeds' utilisation as an omega-3 source in animal feed contributes to market growth.

– Versatile Applications: Chia seeds' neutral taste allows inclusion in various products like bakery goods, energy drinks, dietary supplements, sports drinks, and snacks due to their high fibre content.

– Superfood Appeal: High antioxidant and fibre content positions chia seeds in the production of packaged 'superfood' items.

– Market Challenges: Limited suitable environments for chia plant growth and higher seed output pose potential market development constraints, but US sales are expected to remain profitable.