Amaranth Market to reach USD 24.19 Bn at a CAGR of 11.51 percent by 2030- Says Maximize Market Research

Amaranth Market to reach USD 24.19 Bn at a CAGR of 11.51 percent by 2030- Says Maximize Market Research
Amaranth Market
The Global Amaranth Market is witnessing substantial growth driven by the changes in consumer preferences that have a significant impact on the demand for Amaranth market.

Maximize Market Research, a leading Food and Beverages business consultancy and research firm has published a report on the “Global Amaranth Market ”. The total market opportunity for Global Amaranth Market  was USD 11.28 Bn in 2023 and is expected to grow at a CAGR of 11.51 percent through the forecast period, reaching USD 24.19 Bn by 2030.

Global Amaranth Market Report Scope and Research Methodology

Market Size in 2023: USD  11.28 Billion

Market Size in 2030: USD 24.19 Billion

CAGR: 11.51 Percent

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 226

No. of Tables: 150

No. of Charts and Figures: 184

Segment Covered: By product, by application, by category, by sales channel.

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage: Market Share, Size and Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Instant access is available by downloading your exclusive sample copy of the report right now!

Global Amaranth Market Scope and Research Methodology

The Global Amaranth market uses a bottom-up approach to calculate the industry’s size and growth, thoroughly examining the competitive landscape and market structure. Important conclusions include factors influencing regional and worldwide market growth, obstacles to further growth, and prospective advantages brought about by advances in technology. Insights regarding market leaders, penetration, and demographic influences on the industry are obtained through regional analysis. A deeper understanding of target markets, producers, and the creation of customized advertising campaigns are made possible by the market’s segmentation into product and age groups. To examine the rivalry among market leaders and recent entrants in the Global Amaranth MarketS, a competitive matrix is developed. With regard to revenue, financial standing, technological advancements, recent developments, mergers, partnerships, collaborations, and marketing strategies, the report gives a synopsis of each company.

Global Amaranth Market Overview

The pigweed is often referred to as Amaranth, and this is a member of the cosmopolitan genus of broadleaf plants that are annual or short-lived perennial plants. Amaranth also gives medicinal benefits. The increasing ageing populace has endorsed the amaranth market increase as its healing characteristics have indicated to have affirmative impacts on alleviating elderly diseases. This upswing in the mainstream’s adoption plus usage translates into a corresponding expansion in business for amaranth and its derivatives.

Global Amaranth Market Dynamics

The increasing knowledge of the health benefits of amaranth, such as its high nutritional value, gluten-free nature and potential medicinal properties, is increasing demand for amaranth products worldwide. The rising vegan and vegetarian diets take up, with a demand for plant-based proteins, are driving consumption of amaranth due to its high protein content and essential amino acids. As the food industry grows in developing regions, more opportunities arise to include amaranth in the making of breakfast cereals, snack bars, pasta, and bakery items.

Global Amaranth Market Regional Insights

The amaranth sector in North America is experiencing a strong expansion as natural products become more popular and consumers increasingly favor organic ones. In addition, its market expansion is a result of its popularity among vegetarians who consume vegan protein powder in large amounts. Consumers have boosted the regional market of amaranth with their preference of functional foods/drinks to sugary carbonated drinks.

Global Amaranth Market Segmentation

By product:

  • Amaranth seed
  • Amaranth oil
  • Amaranth leaf
  • Amaranth flour

Based on product type, the global almond butter market is sub-segmented into amaranth seed, amaranth oil, amaranth leaf, and amaranth flour. The presence of various minerals in amaranth seed, such as calcium, iron, and phosphorus, is likely to drive the growth of this segment. Additionally, the increasing demand for amaranth as a crop and its recognition as a beneficial weed is expected to boost market growth.

By Application:

  • Food & Beverages
  • Personal care
  • Pharmaceuticals
  • Others

By Category:

  • Organic
  • Conventional

By Sales Channel:

  • Hypermarket /Supermarket
  • Retail Stores
  • Online Stores
  • Others

Global Amaranth Market Key Competitors include:

North America

  • Arrowhead Mills
  • Luke’s Organic,
  • Natures Bakery,
  • Pure Inc.,
  • Van’s International Foods Inc.
  • Bob’s Red Mill Natural Foods
  • Eden Foods
  • Now Foods
  • Ancient Harvest

Europe

  • Dk Mass S.R.O
  • Health Valley
  • FlavexNaturextracteGmbh
  • Nature Supply
  • Biona Amaranth
  • Kallo Foods
  • Alara Wholefoods
  • Suma Wholefoods
  • Dennree GmbH

Asia-Pacific

  • Proderna Biotech Pvt. Ltd.
  • Nans Products Pvt Ltd.
  • Kilaru Naturals Private Limited,
  • Organic Products India,

To Learn More About This Study, Please Click Here:https://www.maximizemarketresearch.com/request-sample/81299 

Key questions answered in the Global Amaranth Market are:

  • What segments are covered in the Global Amaranth Market   report?
  • Which region is expected to hold the highest Global Amaranth Market   share?
  • What is the market size of the Global Amaranth Market   by 2030?
  • What is the current growth rate of the Global Amaranth Market  ? 
  • Who are the key players in the Global Amaranth Market  ?
  • What are the growth prospects in developing countries for the Global Amaranth Market  ?
  • Which segment is expected to witness the fastest growth and why in the Global Amaranth Market  ?
  • What are the factors affecting growth in the Global Amaranth Market  ?
  • Who held the largest market share in the Global Amaranth Market  ?
  • What are the opportunities for the Global Amaranth Market  ?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size & Forecast by Different Segments | 2023−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Product, Sales Channel, Feature, and Age Group and Region
  • Competitive Landscape – Profiles of selected key players by region in a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Food and Beverages research firm, has also published the following reports:

Mayonnaise Market – The Mayonnaise Market size was valued at USD 11.50 Billion in 2022 and the total Mayonnaise revenue is expected to grow at a CAGR of 14.5% from 2023 to 2029, reaching nearly USD 15.34 Billion. Mayonnaise, a blend including vegetable oil, acidifying agents, and eggs, stands as a widely consumed staple globally.

Milk Protein Market  The Milk Protein Market size was valued at USD 9.8 Bn in 2022 and the market is expected to reach USD 15.5 Bn by 2029 at a CAGR of 6.14 %. Milk Protein is a complex protein found in milk, with high nutritional qualities such as amino acid, calcium, and other essential nutrients.

About Maximize Market Research:

Professionals from several sectors work at Maximize Market Research, a multidimensional market research and consulting company. We cover a wide range of industries, including those that produce pharmaceuticals, scientific and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, general merchandise, beverages, personal care, and chemical products and substances. We offer a variety of services, including competitive analysis, production and demand analysis, client impact studies, technical trend analysis, critical market research, market-verified industry estimations, and strategic advise.

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