Amaranth is mainly a cosmopolitan genus of annual perennial plants or short-lived. Amaranth grows five to six feet's in crimson or maroon colour. Certain amaranth types are nurtured as leaf vegetables, pseudo cereals, and ornamental plants. Amaranth includes various rudiments, including linoleic acid, tocopherols, oleic acid, and stearic acid. Amaranth also contains high-quality squalene and protein-rich acids. Amaranth is used in food supplements, pharmaceuticals, cosmetics, and fragrance industries. The global amaranth market is rising owing to its numerous applications in health-care products. Amaranth oil benefits in reducing weight and also contains vitamin k, that helps in decreasing cholesterol and avoid heart related disease.
MARKET DYNAMICS
The global amaranth market is increasing owing to the rising food and beverage processing industry and developing trend of using natural/organic ingredients in cosmetics. Furthermore, the numerous health benefits of amaranth, including antioxidant activities, protein content, digestive health, bone development, vision health, and weight loose, etc. are boosting the acceptance of amaranth in personal care and health products. Moreover, the robust command of supply--chain, which is making the product easily available worldwide, is also boosting the growth of the global amaranth market.
MARKET SCOPE
The "Global Amaranth Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the amaranth with detailed market segmentation by end use product form and sales channel. The global amaranth market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading amaranth market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global amaranth market is segmented on the basis of end use into food and beverage, pharmaceuticals, personal care and cosmetic. On the basis of product form the amaranth market is segmented into amaranth seeds, amaranth oil, amaranth leafs, and amaranth flour. Moreover, on the basis of sales channel the market has been segmented into hyper market / super market, retail stores\, online stores, speciality stores, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global amaranth market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The amaranth market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the amaranth market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the amaranth market in these regions.
MARKET PLAYERS
The reports cover key developments in the amaranth market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from amaranth market are anticipated to lucrative growth opportunities in the future with the rising demand for amaranth in the global market. Below mentioned is the list of few companies engaged in the amaranth market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the amaranth market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Proderna Biotech Pvt. Ltd.
- AMR Amaranth A.S.
- Nans Products Pvt Ltd.
- Flaveko Trade Spol. S.R.O
- Nu-World Foods
- Amaranth Bio Company
- Amaranth Nord
- RusOliva Pvt. Ltd.
- Dk Mass S.R.O
- Spol S.R.O
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.