Global Amaranth Seed Oil Market (2021-2026) by The Extraction Process, Application, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Amaranth Seed Oil Market is estimated to be USD 846.2 Mn in 2021 and is expected to reach USD 1252 Mn by 2026, growing at a CAGR of 8.15%.



Market Dynamics

The rising demand for amaranth seed oil in the food, cosmetics, and pharmaceutical industries, as well as many advantages associated with it, such as helping with bone formation, improving digestive health, improving vision, and helping with hair health, are all propelling the market growth of global amaranth seed oil. Amaranth seed oil is used in cosmetics and medicine as an antidepressant, anti-inflammatory, anti-fungal, analgesic, and anti-bacterial, and the rising demand for organic goods in the cosmetics sector is driving the market forward. Furthermore, research and development efforts aimed at lowering product costs and retaining customers are likely to open new opportunities for the growth of the global amaranth seed oil market.

However, high amaranth oil production costs, lack of government backing, and lack of product expertise stifle the industry and create challenges for the market’s growth.

Market Segmentation

The Global Amaranth Seed Oil Market is segmented further based on The Extraction Process, Application, End User, and Geography.

By Extraction Process, the market is classified as organic solvent (hexane) extraction process, supercritical fluid co2 extraction process, cold pressing process, and others. Amongst all, the organic solvent (hexane) extraction process segment is estimated to hold the highest market share during the forecast period.

By Application, the market is classified as food supplements, personal care and cosmetics, fragrances, pharmaceuticals, and others. Amongst all, the food supplements segment is estimated to hold the highest market share during the forecast period.

By End User, the market is classified as cosmetics & personal care, pharmaceuticals, aromatics, food supplements, and others. Amongst all, the cosmetics & personal care segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. FLAVEX Naturextrakte GmbH and Coetzee Organic (U) Ltd are partners in a cooperation with 154 farmers with small-scale plantations - co-developing three officially registered farmers cooperatives located in Western Uganda. - 9th December 2019.

Company Profiles

Some of the companies covered in this report are Amaranth Bio Company, Amaranth Nord, Amr Amaranth A.S, Dk Mass S.R.O, Erbology, Flaveko Trade Spol. S.R.O etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Amaranth Seed Oil Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market