Press release
Amaranth Market Size and Growth Prospects Estimated to Reach USD 24.19 Billion by 2030
The ๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ size was valued at USD 11.28 Bn. in 2023 and the total revenue is expected to grow at 11.51 % through 2024 to 2030, reaching nearly USD 24.19 Bn.๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The Amaranth Market is witnessing substantial growth, driven by its reputation as a highly nutritious pseudocereal with numerous health benefits. Rich in vitamins, fiber, minerals, and antioxidants, amaranth supports improved metabolism, reduced inflammation, better digestion, and lower cholesterol levels. With a history of consumption spanning over 8,000 years, amaranth has become a versatile ingredient in industries such as food and beverages, personal care, cosmetics, and pharmaceuticals. Its broad applicability and increasing recognition as a superfood contribute to its rising global demand.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/81299/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ:
One of the primary drivers of the Amaranth Market is the growing consumer inclination toward healthier and more natural food options. As people become increasingly aware of the nutritional benefits of amaranth, its adoption in various food products, including breakfast cereals, energy bars, and gluten-free alternatives, has surged. Additionally, the rise in health-conscious lifestyles and the popularity of plant-based diets have further propelled the demand for amaranth as a nutrient-rich and sustainable food source.
Another significant driver is the expanding application of amaranth in non-food industries such as cosmetics and pharmaceuticals. Amaranth oil, known for its high squalene content, is widely used in skincare products for its hydrating and anti-aging properties. The pharmaceutical sector is leveraging amaranth's antioxidant and anti-inflammatory attributes to develop supplements and therapeutic products. These diverse applications have opened new growth avenues for the market, attracting significant investments in research and development.
๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ:
The Amaranth Market is characterized by a growing focus on organic and sustainably sourced products. Consumers are increasingly demanding organically grown amaranth, driving producers to adopt eco-friendly farming practices. Furthermore, innovation in product formats, such as ready-to-eat snacks and functional beverages incorporating amaranth, is gaining traction. The integration of e-commerce platforms has also boosted market accessibility, making premium and specialty amaranth products more widely available. These trends underscore the market's dynamic and evolving nature, aligning with global health and sustainability goals.
๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง?
The Amaranth Market, segmented by product into seeds, oil, flour, and leaf, is expected to exhibit strong growth across all categories during the forecast period. Amaranth seeds are projected to dominate the market due to their high protein content and versatile applications in food and beverages, including gluten-free and health-focused products. Amaranth oil, known for its rich squalene content and anti-aging properties, is anticipated to witness rapid growth, driven by increasing demand in the cosmetics and skincare industries. Flour and leaf segments are also poised for growth, fueled by their use in health-conscious and plant-based dietary applications. This segmentation reflects the diverse and expanding utility of amaranth in meeting global consumer needs.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/81299/
๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's Amaranth Market is expanding rapidly due to the growing adoption of healthy and sustainable food sources. The government's initiatives to promote organic farming have contributed to increased cultivation of amaranth. Recently, ๐๐ซ๐๐๐ง๐ ๐๐ซ๐ฆ ๐๐ข๐๐ญ๐ง๐๐ฆ partnered with ๐๐ฌ๐ข๐๐ง ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ซ๐๐ง๐๐ฌ to enhance amaranth production for the food and beverage sector, ensuring high-quality, sustainable outputs.
๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand is witnessing significant growth in the Amaranth Market, driven by the rising demand for gluten-free and plant-based diets. Key players such as ๐๐ก๐๐ข ๐๐ซ๐ ๐๐ง๐ข๐ ๐ ๐จ๐จ๐ ๐๐จ. are collaborating with international brands to expand product offerings. A recent merger between ๐๐ก๐๐ข ๐๐๐ซ๐ฏ๐๐ฌ๐ญ ๐ ๐จ๐จ๐๐ฌ and ๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐๐ข๐ง ๐๐จ. has strengthened supply chains, ensuring better availability of amaranth-based products in local and export markets.
๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan remains at the forefront of innovation in the Amaranth Market, leveraging advanced technologies to create high-quality products. Companies like ๐๐ฃ๐ข๐ง๐จ๐ฆ๐จ๐ญ๐จ ๐๐จ. are investing in R&D to develop amaranth-based health supplements and skincare products. A notable partnership between ๐๐ข๐ฌ๐ฌ๐ข๐ง ๐ ๐จ๐จ๐๐ฌ and ๐๐๐ซ๐ฎ๐๐๐ง๐ข ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง has led to the introduction of functional foods incorporating amaranth, catering to the health-conscious Japanese consumer.
๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's Amaranth Market is consolidating as companies focus on scaling up production and enhancing product portfolios. ๐๐ ๐๐ก๐๐ข๐ฅ๐๐๐๐๐ง๐ , a leading South Korean food company, recently acquired ๐๐จ๐ซ๐๐ ๐๐ ๐ซ๐ข๐๐ข๐จ to strengthen its presence in the alternative grain market. The government's support for sustainable agriculture practices has also driven investments in the production of amaranth and its derivatives.
๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's Amaranth Market is experiencing rapid advancements in product innovation and distribution. Companies such as ๐๐ฎ๐ฌ๐ญ๐๐ง๐ข๐ซ ๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ are introducing cutting-edge farming techniques to produce high-quality amaranth for the local market. Recent updates include collaborations between ๐ ๐๐ข๐ซ๐๐ซ๐ข๐๐ and ๐๐๐ญ๐ฎ๐ซ๐'๐ฌ ๐๐๐ฌ๐ญ to promote amaranth-based products in retail outlets, catering to Singapore's growing demand for superfoods.
๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The United States is a dominant player in the global Amaranth Market, driven by increasing consumer interest in superfoods and plant-based diets. Companies such as ๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐ซ๐๐ข๐ง ๐๐จ. and ๐๐จ๐'๐ฌ ๐๐๐ ๐๐ข๐ฅ๐ฅ are expanding their product lines to include organic and gluten-free amaranth options. Strategic partnerships, like the one between ๐๐๐ฅ๐ฅ๐จ๐ ๐ '๐ฌ and ๐๐๐ญ๐ฎ๐ซ๐'๐ฌ ๐๐๐ญ๐ก, are bolstering the market by introducing innovative products such as amaranth-infused cereals and snacks.
๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's Amaranth Market is growing steadily, fueled by rising demand for sustainable and functional foods. Countries such as Germany and the UK are leading the market with significant investments in organic farming and product innovation. ๐๐๐ฌ๐ญ๐ฅรฉ recently collaborated with ๐๐ฎ๐ซ๐จ ๐๐ซ๐๐ข๐ง ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ to develop amaranth-based products for the European market, focusing on health-conscious consumers seeking natural and nutrient-dense options.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/81299/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ:
by Product
Amaranth seed
Amaranth oil
Amaranth leaf
Amaranth flour
by Application
Food & Beverages
Personal care
Pharmaceuticals
Others
by Category
Organic
Conventional
by Sales Channel
Hypermarket /Supermarket
Retail Stores
Online Stores
Others
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-amaranth-market/81299/
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ฆ๐๐ซ๐๐ง๐ญ๐ก ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1.Proderna Biotech Pvt. Ltd.
2. AMR Amaranth A.S.
3. Nans Products Pvt Ltd.
4. Flaveko Trade Spol. S.R.O
5. Nu-World Foods
6. Amaranth Bio Company
7. Amaranth Nord
8. RusOliva Pvt. Ltd.
9. Dk Mass S.R.O
10. Spol S.R.O
11. Health Valley
12. Amaranth Resources
13. Arrowhead Mills
14. Nu-world Amaranth
15. Irel Nans Products Pvt Ltd.
16. FlavexNaturextracteGmbh
17. Saar
18. RICHOIL
19. Nature Supply
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Description
Amaranth oil is extracted from the seeds of two species of the genus Amaranthus, A. cruentus and A. hypochondriacus, that are called, collectively, amaranth grain. Amaranth oil is a light to medium colored, clear liquid that is pourable at low temperatures.ย
Europe holds major market shareโฆ
Global Amaranth Oil Market Report 2019 Companies included Amr Amaranth, Amaranth โฆ
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Report includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast till 2026 in terms of volume, revenue, YOY growth rate, and CAGR. The report also provides detailed segmentation on the basis of product type, applications and regional segmentation. The regional segmentโฆ