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Amaranth Seeds Market
The Exactitude Consultancy has updated its global market reports with latest data for 2024 and projections up to 2030
Amaranth seeds witness rising demand due to their nutritional benefits, versatility in culinary uses, and growing health-conscious consumer preferences” - Exactitude Consultancy
LUTON, BEDFORDSHIRE, UNITED KINGDOM, April 2, 2024 /EINPresswire / -- The global amaranth seeds market is anticipated to grow from USD 8.82 Billion in 2023 to USD 18.19 Billion by 2030, at a CAGR of 10.89 % during the forecast period.
The“Amaranth Seeds Market” is expected to experience significant growth from 2024 to 2030. This report provides valuable insights into the industry segments, types, and applications, as well as the latest developments, business opportunities, challenges, trends, and constraints faced by top manufacturers. With a comprehensive analysis of geographical regions, growth rates, and industry revenue, the report offers a qualitative and quantitative analysis of professional profiles, expansion plans, and industry size, as well as share valuations across all regions. The Amaranth Seeds market research provides a comprehensive view of the industry, including both qualitative and quantitative analyses.
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Leading Key players included in this Report are:
Major players in the Amaranth Seeds Market are identified through secondary research and their market revenues determined through primary and secondary research are: Bioriginal Food & Science Corp.,NIKKEN SEEDS CO., LTD.,B. AGRO INDUSTRIES,AMR Amaranth A.S.,Territorial Seed Company,Nu-World Foods,AMARANTH GRAINS,Van Drunen Farms,G. Manufacturer,KENYA SEED COMPANY LTD,IPRONA AG,AMARANTH PROTEIN, S. DE R.L. DE C.V.,ORGANIC PRODUCTS INDIA,Marmarabirlik,GWS Global,Sresta Natural Bioproducts Pvt. Ltd. (24 Mantra Organic),Prozomix Limited,Selet Hulling PLC,Sri Green Productions,Amaranth Foods and Others.
Recent Developments:
February 7, 2024: Bioriginal Food & Science Corp. (“Bioriginal”), a wholly owned subsidiary of Cooke Inc., acquired POS Biosciences Corp. (POS) of Saskatoon, from Canopy Growth Corp.
November 28, 2023: Bioriginal Food & Science Corp. (“Bioriginal”), a wholly owned subsidiary of Cooke Inc. and global leader in the food and nutraceutical industries, expanded further into the United States with the acquisition of all the operating assets of Softgel Co. (“Softgel”), including a state-of-the-art softgel, squeeze tube and tincture manufacturing facility that specializes in encapsulation of human and pet nutrition products.
Amaranth Seeds Market Segmentation:
Amaranth Seeds Market by Type
Grain Amaranth Seeds
Leaf Amaranth Seeds
Amaranth Seeds Market by End-Use Application
Food Industry
Beverage Industry
Nutraceuticals
Amaranth Seeds Market by Distribution Channel
Retail Stores
Online Retail
Growth Drivers
The amaranth market is expected to increase during the projected period owing to its micronutrients and anti-oxidant properties, which have led to its widespread use in skincare products use, including personal care and beauty products. The demand for natural product is continuously expanding because of the growing customer preference for organic and clean-label goods. Natural items are devoid of chemical pollutants, making them a cleaner alternative to commercially farmed food.
Amaranth grains, which are vital in vitamin C, may help boost the immunological mechanism by increasing white plasma cell formation. Vitamin C is crucial to the body's therapeutic system since it assists in iron absorption, blood vessel creation, muscle tissue regeneration, as well as collagen preservation.
Regional Outlook:
North America accounted for the largest market in the amaranth seeds market. North America has established itself as a dominant force in the global amaranth seeds market, primarily driven by several factors that contribute to its leading position. One key factor is the region's robust agricultural infrastructure and advanced farming practices, which facilitate efficient cultivation and distribution of amaranth seeds. Additionally, North America's favorable climatic conditions and diverse geographical landscapes provide suitable environments for growing amaranth crops, ensuring consistent yields and high-quality seeds.
Browse Complete Summary and Table of Content:
Key Benefits:
⏩ This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Amaranth Seeds market.
⏩ A descriptive analysis of demand-supply gap, estimation and forecast in the global Amaranth Seeds market.
⏩ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Amaranth Seeds Market
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