San Francisco 29 April 2019 The Report Amaranth Market Size, Share & Trends Analysis Report By Application (Personal
Care, Food & Beverages, Pharmaceuticals), By Product (Seed, Oil, Leaf,
Flour), By Region, And Segment Forecasts, 2019 - 2025
The global amaranth market size is anticipated to reach USD 13.89 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 11.3% during the forecast period. Presence of rare elements such as squalene, oleic acid, stearic acid, and tocopherols, which help in boosting bone strength, reducing inflammation, repairing tissues, while providing numerous other health benefits, is projected to play a crucial factor in fueling the demand for amaranth over the forecast years.
Amaranth byproducts find applications in
various industries such as dietary supplements, cosmetics, pharmaceuticals, and
food additives. Growing geriatric population, for which the product is
beneficial in several medical conditions, is poised to stir up the demand for
amaranth in the pharmaceutical sector over the forecast period.
Amaranth contains a high percentage of
proteins, which enhance post-workout recovery process of muscles. Recent
trends, such as hectic and urban lifestyles, surging adoption of on-the-go
meals, and increasing awareness regarding fitness among working population, are
likely to boost the demand for low-cost protein sustenance over the forecast
period. Amaranth oil also possesses anti-inflammatory properties, which help
prevent hazards of allergies.
Amaranth seeds and leaves have a high
concentration of proteins, antioxidants, and phytosterols, making them one of
the most sought-after grains in the market. Apart from high concentration of
proteins, amaranth seeds contain specific peptides known to prevent activity of
free radicals and reduce inflammation. Presence of anti-inflammatory molecules
can be helpful in alleviating conditions such as gout and arthritis.
A rise in the number of people facing
starvation across African countries, such as Sudan, Somalia, and Nigeria, is
expected to stir up the demand for superfoods over the forecast period. Growing
acceptance of amaranth products in established markets such as Europe and North
America can lead to a trickle-down effect, aiding availability of amaranth
products in developing countries over the coming years.
Access Research Report of Amaranth Market@ https://www.grandviewresearch.com/industry-analysis/amaranth-market
Further key findings from the report suggest:
· The global amaranth seed demand is
estimated to reach 9,251 Kilotons by 2025, rising at a CAGR of 10.9% during the
forecast period
· In terms of revenue, amaranth oil is
anticipated to be the fastest growing product segment, expanding at a CAGR of
12.8% during the same period
· The U.S. amaranth oil market is projected
to reach 354.7 kilotons by 2025
· MEA is poised to witness a remarkable CAGR
of 11.0% in terms of volume over the forecast period, owing to growing
population of middle class in countries such as South Africa, Ethiopia,
Nigeria, and Kenya, which is fueling the demand for better healthcare sector,
which in turn will stimulate the growth of the regional market
· Asia Pacific, especially India and China,
is likely to observe remarkable growth during the forecast period, exhibiting a
CAGR of 12.0% in terms of revenue
· The market is partially consolidated and
competitive in nature, with presence of global multinational players
· Some of the key companies present in the
market are Irel, Proderna Biotech Pvt. Ltd., Nans Products Pvt Ltd., Amaranth
Nord, AMR Amaranth A.S., Dk Mass S.R.O, RusOliva Pvt. Ltd., Nu-World Foods,
Flavex Naturextracte Gmbh, Spol S.R.O, Saar, Flaveko Trade Spol. S.R.O, and
Amaranth Bio Company.
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/food-additives-nutricosmetics-flavors-and-fragrances
Grand View Research has
segmented the global amaranth market on the basis of product, application, and
region:
Amaranth Product Outlook (Volume, Kilotons;
Revenue, USD Million, 2014 - 2025)
·
Amaranth seed
·
Amaranth oil
·
Amaranth leaf
·
Amaranth flour
Amaranth Application Outlook (Volume,
Kilotons; Revenue, USD Million, 2014 - 2025)
·
Food & Beverages
·
Personal care
·
Pharmaceuticals
·
Others
Amaranth Regional Outlook (Volume,
Kilotons; Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
Access Press Release of
Amaranth Market@ https://www.grandviewresearch.com/press-release/global-amaranth-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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