Global Amaranth Seed Oil Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global Amaranth seed oil market in its upcoming report titled, “Global Amaranth seed oil Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global amaranth seed oil market is estimated to register a CAGR of approximately 11% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global amaranth seed oil market report has been segmented on the basis of extraction process, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Amaranth seed oil is derived from seeds of two types of plant species — A. cruentus and A. hypochondriacus, known as amaranth grain. Amaranth provides highly nutritious leaf vegetable and grains. Amaranth oil is a rich source of source of linoleic acid, oleic acid, palmitic acid, and fatty acid and is used in food, aroma, hair care, pharmaceuticals, and cosmetics.
Increasing demand for natural and herbal personal care products among individuals is a major factor driving growth of the global amaranth seed oil market. Amaranth oil prevents hair breakage, and provides moistures, and makes hair stronger and shinier. It has anti-flammarion, anti-aging, and anti-oxidant properties. Amaranth oil also improves health of the heart and boost immunity system. Growing demand herbal ingredients for pharmaceuticals is another factor fueling growth of the global market.
Furthermore, amaranth oil contains vitamin C, iron, calcium, magnesium, potassium, phosphorus and helps with weight loss. Use of amaranth oil as a dietary supplement is a key factor expected to boost growth of the global amaranth seed oil market in the near future.
However, high production cost of amaranth oil and may hamper growth of the global amaranth seed oil market. Nevertheless, introduction of cost-effective amaranth oil and spreading awareness regarding its advantages among consumers can create high revenue opportunities for players in the target market.
Market in Europe is expected to account for major share in terms of revenue and is expected to witness lucrative growth over the forecast period. Increasing demand for natural cosmetics and personal care products among individuals in this region is a key factor fueling growth of the global amaranth market. Market in North America is expected to witness a high growth in terms of revenue, owing to use of amaranth oil as a dietary supplement. In terms of revenue, market in Asia Pacific is expected to witness lucrative growth in the global market, owing to growing cultivation of amaranth plants and use of amaranth oil for medicinal purposes among individuals.
Global Amaranth Seed Oil Market Segmentation:
Segmentation by extraction process:
- Organic Solvent (Hexane) Extraction Process
- Supercritical fluid CO2 extraction process
- Cold Pressing Process
Segmentation by application:
- Food Supplements
- Personal Care and Cosmetics
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Amr Amaranth A.S
- Amaranth Bio Company
- Amaranth Nord
- Proderna Biotech Pvt. Ltd.
- Flavex Naturextracte Gmbh
- Nu-World Corporation (Nu-World Foods)
- Nans Products PVT. LTD.
- Irel, Spol. S.R.O
- Flaveko Trade Spol. S.R.O
- Dk Mass S.r.o.
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