The global Amaranth Seed Oil market was valued at USD 740 Mn in 2021 and is anticipated to grow at a CAGR of 10.21% and is expected to reach USD 1775 Mn by 2030.
The increased adoption of Amaranth Seed Oil in the Organic Chemicals industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Amaranth Seed Oil also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Amaranth Seed Oil in many sectors also boosts the market growth during the forecast period.
Amaranth seed oil is derived from the seeds of two species: A. cruentus and A. hypochondriacus. Amaranth seed oil is a light-colored, transparent liquid with a pleasant scent and flavor that is high in fatty acids. Amaranth seed oil is high in squalene, which aids in the body’s basic processes such as energy storage, signaling, and serving as structural components of cell membranes.
Amaranth Seed Oil Market Research Report” was just released by Market Research Community. It is divided into several categories, including Extraction process (Supercritical fluid CO2 extraction process, Cold pressing process, Organic solvent (hexane) extraction process, Other extraction process), application (Cosmetics & personal care, Food supplements, Pharmaceuticals, Aroma (fragrance), Others), and companies (Rusoliva Pvt. Ltd., Nans Products Pvt. Ltd., FLAVEX Naturextrakte GmbH, Amaranth Bio Company, AMR Amaranth A.S., Proderna Biotech Pvt. Ltd), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 10.21%, over the forecast period of 2022–2030
|Report Attributes||Report Details|
|Market Size in 2030 (USD Million)||1775 Million|
|By Extraction process||Supercritical fluid CO2 extraction process, Cold pressing process, Organic solvent (hexane) extraction process, Other extraction process|
|By Application||Cosmetics & personal care, Food supplements, Pharmaceuticals, Aroma (fragrance), Others|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||Rusoliva Pvt. Ltd., Nans Products Pvt. Ltd., FLAVEX Naturextrakte GmbH, Amaranth Bio Company, AMR Amaranth A.S., Proderna Biotech Pvt. Ltd|
The COVID-19 pandemic has had a substantial negative influence on the Amaranth Seed Oil market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Rusoliva Pvt. Ltd., Nans Products Pvt. Ltd., FLAVEX Naturextrakte GmbH, Amaranth Bio Company, AMR Amaranth A.S., Proderna Biotech Pvt. Ltd
Market Segment Analysis:
- Supercritical fluid CO2 extraction process
- Cold pressing process
- Organic solvent (hexane) extraction process
- Other extraction process
- Cosmetics & personal care
- Food supplements
- Aroma (fragrance)
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Amaranth Seed Oil industries in the region.
Key Amaranth Seed Oil Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Amaranth Seed Oil Market segments.
– Largest Market Share Held by Industry to Industry for Amaranth Seed Oil
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Amaranth Seed Oil Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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