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Europe Amaranth Market Size, Share & Trends Analysis Report by Category (Organic, Conventional), by Product (Seed, Oil, Leaf, Flour), by Application (Food & Beverages, Personal Care), and Segment Forecasts, 2021 - 2028

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    Report

  • 115 Pages
  • June 2021
  • Region: Europe
  • Grand View Research
  • ID: 5390524
Description Jump to:
The European amaranth market size is expected to reach USD 4.98 billion by 2028., expanding at a CAGR of 10.8% over the forecast period. The growth is attributed to the high demand for amaranth products as it contains lysine, twice as much protein compared to wheat, thrice as much protein compared to maize and an equal amount of protein found in milk. In addition, amaranth contains an abundant amount of provitamin-A, which is an essential vitamin required for eye health in the tropics, which is expected to augment the market growth.

The growing vegan population owing to increased awareness regarding environmental protection in the European region is expected to boost demand for plant-based nutrition. It will also increase product penetration in food and beverage applications. In 2020, countries like Italy, the Netherlands and Germany had a vegetarian population of approximately 5%, 8.9% and 10% of the total population, respectively.

In the Europe healthcare industry, amaranth is used in clinical nutrition, food supplements and pharmaceutical products. The demand for amaranth in the pharmaceutical industry is anticipated to be driven by its functional properties, such as gluten-free and lactose intolerance compatible, which are beneficial for adults, children, as well as high-performance athletes.

The COVID-19 pandemic has adversely affected the European region as several countries including the U.K., Italy Spain, France and Germany witnessed a high number of infections in the year 2020. Even though small-scale exports of amaranth products took place internally among European countries, the consumption was impacted in the same year, as the region is highly dependent on the imports of amaranth from Central and South America, North America and the Asia Pacific regions.

The outbreak disrupted the import flow in the region, leading to a slight decline in the demand from the application industries. The sales and manufacturing of non-essential products, such as cosmetics and personal care products, were majorly impacted by the lockdown, which led to a decline in the demand for amaranth from the cosmetics manufacturers in 2020.

Europe Amaranth Market Report Highlights
  • The conventional category segment dominated the overall market with a revenue share of over 88% in 2020
  • The conventional category segment is projected to expand at a steady CAGR over the forecast period owing to the low cost of conventional products as a result of higher usage of chemical fertilizers and pesticides during the cultivation of the crop
  • The oil product segment accounted for 49.2% of the total revenue share in 2020 owing to high prices of oil form of the product as compared to other forms like flour, leaf and seed
  • The oil segment is expected to witness the fastest CAGR of 11.0% from 2021 to 2028 on account of high demand from food & beverage manufacturers
  • Food & Beverages was the largest application segment in 2020 with a revenue share of 59.4% owing to high product usage in the manufacturing of bakery items like cookies, bread, pastries, muffins, doughnuts, etc. to increase their nutritional value
  • The personal care application segment is expected to grow at the fastest CAGR of more than 11% from 2021 to 2028 owing to the high demand for natural ingredient-based products
  • To gain an economical advantage, manufacturers need to have an immediate local supply of raw materials, which creates a challenge for the industry owing to low levels of production


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Table of Contents

Chapter 1 Methodology and Scope
1.1 Information Procurement
1.1.1 Purchased Database
1.1.2 Internal Database
1.1.3 Secondary Sources
1.1.4 Third Party Perspective
1.1.5 Primary Research
1.2 Information Analysis & Data Analysis Models
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Competitive Insights
2.3 Segmental Outlook
2.4 Segmental Outlook (Continued)
Chapter 3 Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook: Botanical Ingredients Market
3.1.2 Related Market Outlook: Moringa Ingredients Market
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Sales Channel Analysis
3.3.2 Vendor Selection Criteria
3.4 Regulatory Framework
3.5 Technology Framework
3.6 Europe Amaranth Market Dynamics
3.6.1 Market Drivers Analysis
3.6.1.1 Growing Popularity of vegan sustenance
3.6.1.2 Rising adoption of essential oils
3.6.2 Market Restraint Analysis
3.6.2.1 Additional costs of crop production associated with containing the uncontrolled growth of the amaranth crop
3.6.3 Industry Challenges
3.6.3.1 Limited production of amaranth crop in Europe
3.7 Business Environment Analysis
3.7.1 Europe amaranth industry analysis Porter’s
3.7.2 Europe Amaranth Industry Analysis Pestel Analysis
3.7.3 Major Deals & Strategic Alliances Analysis
3.8 Market Strategy
3.8.1 Impacts of COVID-19
Chapter 4 Europe Amaranth Market: Category Estimates & Trends Analysis
4.1 Definition & Scope
4.2 Category Movement & Market Share Analysis, 2020 & 2028
4.3 Organic
4.3.1 Market Estimates and Forecasts, 2015 - 2030 (Kilo Tons) (USD Million)
4.4 Conventional
4.4.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Chapter 5 Europe Amaranth Market: Product Estimates & Trends Analysis
5.1 Definition & Scope
5.2 Product Movement & Market Share Analysis, 2020 & 2028
5.3 Seed
5.3.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
5.4 Oil
5.4.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
5.5 Leaf
5.5.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
5.6 Flour
5.6.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Chapter 6 Europe Amaranth Market: Application Estimates & Trends Analysis
6.1 Definition & Scope
6.2 Application Movement & Market Share Analysis, 2020 & 2028
6.3 Food & Beverages
6.3.1 Market Estimates and Forecasts In Food & Beverages Application, 2017 - 2028 (Kilo Tons) (USD Million)
6.4 Pharmaceutical
6.4.1 Market Estimates and Forecasts In Pharmaceutical Application, 2017 - 2028 (Kilo Tons) (USD Million)
6.5 Personal Care
6.5.1 Market Estimates and Forecasts In Personal Care Application, 2017 - 2028 (Kilo Tons) (USD Million)
6.6 Others
6.6.1 Market Estimates and Forecasts In Other Application, 2017 - 2028 (Kilo Tons) (USD Million)
Chapter 7 Europe Amaranth Market: Regional Estimates & Trend Analysis
7.1 Market Share, 2020 & 2028
7.2 The U.K.
7.2.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
7.2.2 Market Estimates and Forecasts, By Category, 2017 - 2028 (Kilo Tons) (USD Million)
7.2.3 Market Estimates and Forecasts, By Product, 2017 - 2028 (Kilo Tons) (USD Million)
7.2.4 Market Estimates and Forecasts, By Application, 2017 - 2028 (Kilo Tons) (USD Million)
7.3 Germany
7.3.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
7.3.2 Market Estimates and Forecasts, By Category, 2017 - 2028 (Kilo Tons) (USD Million)
7.3.3 Market Estimates and Forecasts, By Product, 2017 - 2028 (Kilo Tons) (USD Million)
7.3.4 Market Estimates and Forecasts, By Application, 2017 - 2028 (Kilo Tons) (USD Million)
7.4 France
7.4.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
7.4.2 Market Estimates and Forecasts, By Category, 2017 - 2028 (Kilo Tons) (USD Million)
7.4.3 Market Estimates and Forecasts, By Product, 2017 - 2028 (Kilo Tons) (USD Million)
7.4.4 Market Estimates and Forecasts, By Application, 2017 - 2028 (Kilo Tons) (USD Million)
7.5 Italy
7.5.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
7.5.2 Market Estimates and Forecasts, By Category, 2017 - 2028 (Kilo Tons) (USD Million)
7.5.3 Market Estimates and Forecasts, By Product, 2017 - 2028 (Kilo Tons) (USD Million)
7.5.4 Market Estimates and Forecasts, By Application, 2017 - 2028 (Kilo Tons) (USD Million)
7.6 Spain
7.6.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
7.6.2 Market Estimates and Forecasts, By Category, 2017 - 2028 (Kilo Tons) (USD Million)
7.6.3 Market Estimates and Forecasts, By Product, 2017 - 2028 (Kilo Tons) (USD Million)
7.6.4 Market Estimates and Forecasts, By Application, 2017 - 2028 (Kilo Tons) (USD Million)
7.7 Russia
7.7.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
7.7.2 Market Estimates and Forecasts, By Category, 2017 - 2028 (Kilo Tons) (USD Million)
7.7.3 Market Estimates and Forecasts, By Product, 2017 - 2028 (Kilo Tons) (USD Million)
7.7.4 Market Estimates and Forecasts, By Application, 2017 - 2028 (Kilo Tons) (USD Million)
7.8 Benelux
7.8.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
7.8.2 Market Estimates and Forecasts, By Category, 2017 - 2028 (Kilo Tons) (USD Million)
7.8.3 Market Estimates and Forecasts, By Product, 2017 - 2028 (Kilo Tons) (USD Million)
7.8.4 Market Estimates and Forecasts, By Application, 2017 - 2028 (Kilo Tons) (USD Million)
7.9 Portugal
7.9.1 Market Estimates and Forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
7.9.2 Market Estimates and Forecasts, By Category, 2017 - 2028 (Kilo Tons) (USD Million)
7.9.3 Market Estimates and Forecasts, By Product, 2017 - 2028 (Kilo Tons) (USD Million)
7.9.4 Market Estimates and Forecasts, By Application, 2017 - 2028 (Kilo Tons) (USD Million)
Chapter 8 Competitive Analysis
8.1 Company Heat Map Analysis
8.2 Vendor Landscape
8.2.1 List of Key Distribution & Channel Partners
8.3 Price Trend Analysis
8.4 Competitive Environment
8.5 Strategy framework
Chapter 9 Competitive Landscape
9.1 Company Profiles
9.1.1 Flavekotrade s.r.o.
9.1.1.1 Company Overview
9.1.1.2 Financial performance
9.1.1.3 Product Benchmarking
9.1.2 FLAVEX Naturextrakte GmbH
9.1.2.1 Company Overview
9.1.2.2 Financial performance
9.1.2.3 Product Benchmarking
9.1.3 Proderna Biotech Pvt. Ltd.
9.1.3.1 Company Overview
9.1.3.2 Product Benchmarking
9.1.4 SAAR
9.1.4.1 Company Overview
9.1.4.2 Product Benchmarking
9.1.5 The andersons Inc.
9.1.5.1 Company Overview
9.1.5.2 Financial performance
9.1.5.3 Product Benchmarking
9.1.5.4 Strategic Initiatives
9.1.6 DK MASS sro
9.1.6.1 Company Overview
9.1.6.2 Financial performance
9.1.6.3 Product Benchmarking
9.1.7 Rusoliva Pvt. Ltd.
9.1.7.1 Company Overview
9.1.7.2 Product Benchmarking
9.1.8 Dipasa Europe B.V.
9.1.8.1 Company Overview
9.1.8.2 Financial performance
9.1.8.3 Product Benchmarking
9.1.9 All organic treasures Gmbh
9.1.9.1 Company Overview
9.1.9.2 Financial performance
9.1.9.3 Product Benchmarking
9.1.10 S.A.S. FLANQUART
9.1.10.1 Company Overview
9.1.10.2 Financial performance
9.1.10.3 Product Benchmarking
List of Tables
Table 1 Europe organic amaranth market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 2 Europe conventional amaranth market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 3 Europe amaranth seed market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 4 Europe amaranth oil market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 5 Europe amaranth leaf market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 6 Europe amaranth flour market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 7 Europe amaranth market estimates and forecasts in food & beverages application, 2017 - 2028 (Kilo Tons) (USD Million)
Table 8 Europe amaranth market estimates and forecasts in pharmaceutical application, 2017 - 2028 (Kilo Tons) (USD Million)
Table 9 Europe amaranth market estimates and forecasts in personal care application, 2017 - 2028 (Kilo Tons) (USD Million)
Table 10 Europe amaranth market estimates and forecasts in other application, 2017 - 2028 (Kilo Tons) (USD Million)
Table 11 The U.K. amaranth market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 12 The U.K. amaranth market estimates and forecasts, by category, 2017 - 2028 (Kilo Tons)
Table 13 The U.K. amaranth market estimates and forecasts, by category, 2017 - 2028 (USD Million)
Table 14 The U.K. amaranth market estimates and forecasts, by product, 2017 - 2028 (Kilo Tons)
Table 15 The U.K. amaranth market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 16 The U.K. amaranth market estimates and forecasts, by application, 2017 - 2028 (Kilo Tons)
Table 17 The U.K. amaranth market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 18 Germany amaranth market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 19 Germany amaranth market estimates and forecasts, by category, 2017 - 2028 (Kilo Tons)
Table 20 Germany amaranth market estimates and forecasts, by category, 2017 - 2028 (USD Million)
Table 21 Germany amaranth market estimates and forecasts, by product, 2017 - 2028 (Kilo Tons)
Table 22 Germany amaranth market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 23 Germany amaranth market estimates and forecasts, by application, 2017 - 2028 (Kilo Tons)
Table 24 Germany amaranth market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 25 France amaranth market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 26 France amaranth market estimates and forecasts, by category, 2017 - 2028 (Kilo Tons)
Table 27 France amaranth market estimates and forecasts, by category, 2017 - 2028 (USD Million)
Table 28 France amaranth market estimates and forecasts, by product, 2017 - 2028 (Kilo Tons)
Table 29 France amaranth market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 30 France amaranth market estimates and forecasts, by application, 2017 - 2028 (Kilo Tons)
Table 31 France amaranth market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 32 France amaranth market estimates and forecasts, 2017 - 2028 (USD Million)
Table 33 Italy amaranth market estimates and forecasts, by category, 2017 - 2028 (Kilo Tons)
Table 34 Italy amaranth market estimates and forecasts, by category, 2017 - 2028 (USD Million)
Table 35 Italy amaranth market estimates and forecasts, by product, 2017 - 2028 (Kilo Tons)
Table 36 Italy amaranth market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 37 Italy amaranth market estimates and forecasts, by application, 2017 - 2028 (Kilo Tons)
Table 38 Italy amaranth market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 39 Spain amaranth market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 40 Spain amaranth market estimates and forecasts, by category, 2017 - 2028 (Kilo Tons)
Table 41 Spain amaranth market estimates and forecasts, by product, 2017 - 2028 (Kilo Tons)
Table 42 Spain amaranth market estimates and forecasts, by application, 2017 - 2028 (Kilo Tons)
Table 43 Spain amaranth market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 44 Russia amaranth market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 45 Russia amaranth market estimates and forecasts, by category, 2017 - 2028 (Kilo Tons)
Table 46 Russia amaranth market estimates and forecasts, by category, 2017 - 2028 (USD Million)
Table 47 Russia amaranth market estimates and forecasts, by product, 2017 - 2028 (Kilo Tons)
Table 48 Russia amaranth market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 49 Russia amaranth market estimates and forecasts, by application, 2017 - 2028 (Kilo Tons)
Table 50 Russia amaranth market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 51 Benelux amaranth market estimates and forecasts, 2017 - 2028 (Kilo Tons) (USD Million)
Table 52 Benelux amaranth market estimates and forecasts, by category, 2017 - 2028 (Kilo Tons)
Table 53 Benelux amaranth market estimates and forecasts, by category, 2017 - 2028 (USD Million)
Table 54 Benelux amaranth market estimates and forecasts, by product, 2017 - 2028 (Kilo Tons)
Table 55 Benelux amaranth market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 56 Benelux amaranth market estimates and forecasts, by application, 2017 - 2028 (Kilo Tons)
Table 57 Benelux amaranth market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 58 Portugal amaranth market estimates and forecasts, 2017 - 2028 (USD Million)
Table 59 Portugal amaranth market estimates and forecasts, by category, 2017 - 2028 (Kilo Tons)
Table 60 Portugal amaranth market estimates and forecasts, by product, 2017 - 2028 (Kilo Tons)
Table 61 Portugal amaranth market estimates and forecasts, by product, 2017 - 2028 (USD Million)
Table 62 Portugal amaranth market estimates and forecasts, by application, 2017 - 2028 (Kilo Tons)
Table 63 Portugal amaranth market estimates and forecasts, by application, 2017 - 2028 (USD Million)
Table 64 Europe amaranth price trend, (USD per Ton) 2017 - 2028
List of Figures
Fig. 1 Information procurement
Fig. 2 Primary research pattern
Fig. 3 Primary research process
Fig. 4 Primary research approaches
Fig. 5 Europe amaranth market outlook, 2020
Fig. 6 Europe amaranth market: Competitive snapshot
Fig. 7 Europe amaranth market: Segmental outlook
Fig. 8 Europe amaranth market: Segmental outlook
Fig. 9 Europe Amaranth Market: Penetration & growth prospect mapping
Fig. 10 Value chain analysis
Fig. 11 Global vegan food market 2017 - 2028 (USD Million)
Fig. 12 Global essential oil market 2017 - 2028 (USD Million)
Fig. 13 Europe Amaranth Market: Porter’s Five Forces Analysis
Fig. 14 Europe Amaranth Market: PESTEL analysis
Fig. 15 Europe amaranth market: category movement analysis, 2020 & 2028 (Revenue)
Fig. 16 Europe amaranth market: product movement analysis, 2020 & 2028 (Revenue)
Fig. 17 Europe amaranth market: application movement analysis, 2020 & 2028 (Revenue)
Fig. 18 Europe amaranth market: Regional movement analysis, 2020 & 2028 (Revenue)
Fig. 19 Europe amaranth market: Strategy Framework
Fig. 20 Participant categorization

Companies Mentioned

  • Flavekotrade s.r.o.
  • FLAVEX Naturextrakte GmbH
  • Proderna Biotech Pvt. Ltd.
  • SAAR
  • The Andersons Inc.
  • DK MASS sro
  • Rusoliva Pvt. Ltd.
  • Dipasa Europe B.V.
  • All organic treasures Gmbh
  • S.A.S. FLANQUART

Methodology

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Table Information

Report AttributeDetails
No. of Pages115
PublishedJune 2021
Forecast Period2020 - 2028
Estimated Market Value ( USD ) in 2020 $ 2197.4 Million
Forecasted Market Value ( USD ) by 2028 $ 4980 Million
Compound Annual Growth Rate10.8%
Regions CoveredEurope
No. of Companies Mentioned10

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