PUBLISHER: Polaris Market Research | PRODUCT CODE: 1108676
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1108676
The global amaranth market size is expected to reach USD 14.99 billion by 2030, according to a new study by Polaris Market Research. The report "Amaranth Market Share, Size, Trends, Industry Analysis Report, By Product (Seed, Oil, Leaf, Flour); By Application (Food & Beverages, Cosmetics and Personal care, Pharmaceuticals); By Category (Organic, Conventional); By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Amaranth has a lot of antioxidants, such as gallic acid as well as vanillic acid. Antioxidants battle free electrons, which are harmful consequences of regular cellular functioning, and can help prevent anything from wrinkles to cardiovascular diseases. Rising awareness regarding amaranth benefits is expected to propel industry demand during the projected timeframe.
Furthermore, amaranth oil is widely utilized in nutritional vitamins, medicines, aromatherapy, food, as well as other purposes owing to its numerous health advantages, including high antioxidant content, which reduces the danger of cardiac illness, among others. As a result of the expansion of these application sectors, the demand for amaranth is expected to grow during the forecast period. Moreover, with increasing research & development in emerging pharmaceutical nations such as India due to high squalene content in amaranth, the demand for the product is expected to expand in the coming years.
The cosmetics and personal care segment is predicted to lead the industry because of the numerous advantages of amaranth, such as its balanced fats and squalene, which helps preserve hair and skin condition. Furthermore, increasing demand for organic products in developed and developing nations is anticipated to drive the demand for the segment.
North America is anticipated to hold the majority shares in the global market over the forecast period. The pharmaceutical sector's increasing trend of producing innovative medications relying on bio-based essential ingredients, along with the rising adoption of healthy gluten-free products, are expected to contribute to the product demand over the coming years.
Industry players operating in the global market include Amaranth Bio Company, Amaranth Nord, Dk Mass S.R.O, AMR Amaranth A.S., Flaveko Trade Spol. S.R.O, RusOliva Pvt. Ltd., Irel Nans Products Pvt Ltd., Flavex Naturextracte Gmbh, Kilaru Naturals Private Limited, Mary's Gone Crackers Inc., Luke's Organic, Mukushi Foods, Natures Bakery, Pure Inc., Nova-Lux Group LLC, Organic Products India, Nu-World Foods, Proderna Biotech Pvt. Ltd., Saar, Spol S.R.O, and Van's International Foods Inc.
Polaris Market Research has segmented the amaranth market report based on product, category, application, and region:
Amaranth, Product Outlook (Revenue - USD Billion, 2018 - 2030)
Amaranth seed
Amaranth oil
Amaranth leaf
Amaranth flour
Amaranth, Category Outlook (Revenue - USD Billion, 2018 - 2030)
Organic
Conventional
Amaranth, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Food & Beverages
Cosmetics and Personal care
Pharmaceuticals
Amaranth, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Netherlands
Russia
Spain
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
List of Tables
Figure 1. Global Amaranth Market, 2018 - 2030 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Category
Figure 7. Global Amaranth Market, by Category, 2021 & 2030 (USD Billion)
Figure 8. Market by Product
Figure 9. Global Amaranth Market, by Product, 2021 & 2030 (USD Billion)
Figure 10. Market by Application
Figure 11. Global Amaranth Market, by Application, 2021 & 2030 (USD Billion)
Figure 12. Amaranth Market Assessment, By Geography, 2018 - 2030 (USD Billion)
Figure 13. Strategic Analysis - Amaranth Market