Food Service Market to Surpass USD 2.17 Trillion by 2032, Growing at 10.2% CAGR

Amaranth Market size was valued at USD 12.58 Billion in 2024 and the total Amaranth revenue is expected to grow at a CAGR of 11.51% from 2025 to 2032, reaching nearly USD 30.07 Billion.

Amaranth Market Overview:

The amaranth market has experienced steady growth as consumers increasingly seek nutrient-dense, plant-based food options. Amaranth, an ancient grain rich in protein, fiber, and essential minerals, is valued for its gluten-free properties and versatility in food applications. It is used in cereals, snacks, baked goods, and health supplements, as well as in cosmetic and pharmaceutical formulations. The market is benefiting from growing awareness of its health benefits, such as supporting heart health, improving digestion, and providing a sustainable protein source.

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Amaranth Market Outlook and Future Trends:

The future outlook for the amaranth market is highly positive, driven by rising demand for superfoods and clean-label ingredients. Its adaptability in both traditional and modern recipes positions it well in health-conscious and plant-based diets. Innovation in product formats-such as amaranth-based protein powders, energy bars, and gluten-free flour blends-is expected to expand market reach. Additionally, increased focus on sustainable agriculture and organic certification is likely to further enhance its market appeal, particularly among premium health product consumers.

Amaranth Market Dynamics:

Key market drivers include increasing consumer preference for functional foods, rising gluten-free product demand, and the growing influence of plant-based nutrition trends. The expansion of e-commerce and health food retail channels has improved accessibility, while food manufacturers are incorporating amaranth into diverse product categories. However, challenges such as price volatility, limited large-scale cultivation, and supply chain constraints may pose obstacles. Opportunities lie in product diversification and developing fortified foods targeting specific health benefits, such as heart health and weight management.

Amaranth Market Key Recent Developments:

Recent developments in the amaranth market include strategic partnerships between farmers and food companies to boost sustainable production and improve supply stability. Several brands have launched innovative amaranth-based snacks, pasta, and breakfast products to appeal to health-conscious consumers. Advances in processing techniques have improved the grain's texture and taste, increasing its suitability for mass-market applications. Additionally, the growing popularity of ancient grains in global cuisines is helping amaranth gain wider recognition and adoption across both developed and emerging markets.

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Amaranth Market Segmentation:

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

Some of the current players in the Amaranth Market are:

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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