Category : Consumer Goods and Food and Beverages | Delivery Format : PDF | Status: Published | Pages : 160
Introduction
The world-wide amaranth market is studied to reach around USD 14.20 billion by 2026, this market is forecasted to grow with 12.5% CAGR during the coming years.
Market Dynamics
Presence of uncommon components, for example, stearic acid, squalene, oleic acid, and tocopherols, which aid in increasing bone strength, fixing tissues, reducing inflammation, while giving various other medical advantages, is anticipated to play a vital factor in powering the demand for amaranth over the forthcoming years.
Amaranth by-product are used in various applications in different businesses, for example, cosmetics, pharmaceuticals, dietary supplements, and food additives. Developing geriatric populace, for which the item is helpful in a few medicinal conditions, is ready to work up the need for amaranth in the pharmaceutical division over the coming years.
Amaranth contains a high level of proteins, which upgrade post-exercise recuperation procedure of muscles. Latest trend, for example, tumultuous and urban ways of living life, growing the adoption of in a hurry suppers, and expanding mindfulness with respect to wellness among working populace, are probably going to help the demand for minimal effort protein sustenance over the coming years. Amaranth oil additionally has anti-inflammatory properties, which help forestall risks of sensitivities.
Market Insights
Amaranth seeds have been a share piece of indigenous culture in Mexico and Central America because of their high centralization of vitamins, minerals, and protein. Despite the fact that the utilization of plant is tied down fundamentally in Central America, in the course of recent years, the need for the products has seen a noteworthy development in different regions, for example, North America, Europe, and Asia Pacific.
Growing consumer interest for seeking after sound way of healthy lifestyle and emerging penetration of essential oils in the cosmetic business are evaluated to support the development of the market throughout the following couple of years. Developing utilization of basic oils in the sustenance and drink industry is additionally pushing the market over the gauge time frame. Purchasing behaviour of shoppers towards organic foods is to a great extent affected by elements, for example, specific food attributes, personality traits, natural features that the food preserves, place of manufacture, and vegetarian issues.
Market Segmentation
Market By Product
- Amaranth seed
- Amaranth oil
- Amaranth leaf
- Amaranth flour
Market By Application
- Food & Beverages
- Personal care
- Pharmaceuticals
- Others
Market By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Chile
- Rest of Latin America
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
Regional Insights
North America was esteemed at USD 1.5 billion in 2018. It is anticipated to grow at a CAGR of 11.2% amid the estimate time frame. Expanding demand for squalene, which is extricated essentially from amaranth product, is estimated to spur the development of the regional market, for the most part because of properties including anti-oxidation, anti-inflammatory, and anti-aging properties.
In addition, expanding trends in the pharmaceutical business of developing novel prescriptions dependent on bio-based raw materials is foreseen to look good for the regional market over the coming years. Europe is probably going to post a CAGR of 10.8% in terms of the value during the coming years. Presence of significant individual consideration product producers including Kao Corp.; Colgate-Palmolive Co.; Unilever Group; Procter and Gamble Co.; Estée Lauder Cos Inc.; and L'Oréal Group in the region is relied upon to expand the beautifying agents industry in the area, which thusly will fuel the demand for amaranth over the forthcoming years.
Market Participants
Amaranth Bio Company, roderna Biotech Pvt. Ltd., Saar, Irel Nans Products Pvt Ltd., Flaveko Trade Spol. S.R.O, AMR Amaranth A.S., Spol S.R.O, Amaranth Nord, FlavexNaturextracteGmbh, Dk Mass S.R.O, RusOlivaPvt. Ltd, and Nu-World Foods are the important players contributing in the global amaranth market.
Related Reports
Vanilla Beans and Extract Market (By Type: Powder, Extract, Paste; By Application: Industrial Food/Beverages, Food Service, Cosmetic, Pharma, Retail) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025
The global Vanilla Beans and Extract market size is prediction to reach approximately USD 4.3 billion by 2025 and the market is predicted to witness a CAGR of around 4% through the estimated years. Vanilla is the product of a solid green orchid vine that develops wild on the edge of the Mexican tropical timberlands. The report provides analysis of global Vanilla Beans and Extract market for the per
Wood Vinegar Market (By Type: Wood Destructive Distillation, Chemical Synthesis; By Application: Agriculture, Food Processing, Healthcare, Other) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025
The global wood vinegar market is expected to grow at a CAGR of more than 6% from 2018 to 2025 and reach the market value of over $6 million by 2025. Wood vinegar is a by-product of charcoal production. It is a liquid produced by gas and burning fresh wood in airless condition, and condenses into a liquid when the gas is cooled. The major components of wood vinegar are acetone, acetic acid, and met
Feed Micronutrients Market (By Product: Vitamins [Vitamin E, Vitamin K, Vitamin D, Vitamin C, Vitamin B, Vitamin A, Carotenoids], Trace Minerals [Manganese, Iron, Copper, Zinc, Boron]; By Livestock: Poultry, Swine, Aquaculture, Ruminant, Equine) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026
Introduction According to Acumen Research and Consulting, the global Feed Micronutrients market is expected to grow at noteworthy CAGR around 7.1 % throughout the forecast period and reach around US$ 2.2 billion by 2026. Feed micronutrients are essential additives of animal feed that are added to the feed of animals unable to ac
Enzymes Market (By Product: Lipases, Carbohydrases [Amylases, Xylanases, Cellulases, Pectinases, Lactases], Proteases, Phytases, Catalyses, Polymerases & Nucleases; By Application: Detergents, Biofuels, Wastewater, Animal Feed, Pulp and Paper, Personal Care and Cosmetics, Food & Beverage, Textile, Nutraceutical, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026
Introduction According to Acumen Research and Consulting, the global enzymes market is projected to grow at remarkable CAGR around 6.8% throughout the forecast period and reach around US$ 8.6 billion by 2026. Due to increasing awareness of food safety & security, shifting consumers ' preferences to packaged and processed foo
Frozen Dessert Market (By Product: Frozen Yogurt, Ice Cream, Confectionary & Candies, Others; By Distribution Channel: Supermarket/Hypermarket, Cafe & Bakery Shops, Hypermarket /Supermarket, Convenience Stores, Online, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026
According to Acumen Research and Consulting, the global Frozen Dessert market is expected to grow at noteworthy CAGR around 5.8 % throughout the forecast period and reach around US$ 120 billion by 2026. Frozen desserts are usually eaten as sweets like frozen ice cream and frozen yoghurt. The majority of these products, such as milk and cream, are made from milk. There are several v
Probiotics Market (By Product: Animal Feed Probiotics, Probiotic Dietary Supplements [Specialty Supplements, Food Supplements, Nutritional Supplements, Infant Formula], Probiotic Food & Beverages [Cereals, Baked Food, Dairy, Non-dairy, Dry Food, Fermented Meat], By End Use: Animal Probiotics, Human Probiotics; By Ingredient: Yeast, Bacteria; By Distribution Channel: Pharmacies/Drugstores, Hypermarkets/Supermarkets, Online Stores, Specialty Stores) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026
Introduction According to Acumen Research and Consulting, the global Probiotics market is expected to grow at noteworthy CAGR around 6.6 % throughout the forecast period and reach around US$ 78 billion by 2026. The effect of the busy, contemporary lifestyle is that people's intake of healthy food is restricted and sometimes the
