Amaranth Market Size Worth $13.89 Billion by 2025 | CAGR

11.3%: Grand View Research, Inc.

SAN FRANCISCO, January 28, 2019 /PRNewswire/ --

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.

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Key suggestions from the report: 

• 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. 

Read 85 page research report with TOC on "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" at: https://www.grandviewresearch.com/industry-analysis/amaranth-market