30-Dec-2019 | Zion Market Research
Some of the top players in the global amaranth oil market are Proderna Biotech Pvt. Ltd., Amaranth Bio Company, AMR Amaranth a.s, RusOliva, and Flavex naturextracte GmbH. According to the report, the global amaranth oil market capitalized for USD 461.5 Million during 2015 and is estimated to reach USD 813.1 Million by the end of 2021, growing at a CAGR of around 9.9% from 2016 to 2021.
Amaranth oil is a clear liquid, slightly light to medium in color and is obtained from the seeds of two kinds of the Amaranthus genus—A. hypochondriacus and A. cruentus—that are together referred to grain amaranth.
This study is in accordance with a report by Zion Market Research, titled “Amaranth Oil Market (Cold Pressed, Supercritical Fluid Extraction (SFE), Organic Solvent) For Applications Cosmetic & Personal Care, Pharmaceutical, Food Supplements, and Fragrance: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021.”- Report at https://www.zionmarketresearch.com/report/amaranth-oil-market
During 2017, GAIA of India introduced a novel product “Crunchy Muesli Amaranth,” which is a nutritious and fulfilling meal in a bowl that is not only time saving but also keeps you away from consuming high calories throughout the day and it is an ideal breakfast for health-conscious people. Moreover, it also has anti-inflammatory and anti-aging properties as well as being a normal skin-identical chemical that is freely soaked up by the skin.
A Number Of Health Benefits To Surge The Amaranth Oil Market Growth
The global amaranth oil market is mainly expanded due to its health advantages like high nutrition value, temperature adaptability, high squalene content, and skin-identical nature. Also, it is amongst the ideal sources for omega fatty acids. The amaranth oil contains about 5–9% squalene that is helpful for a number of medicinal advantages like anti-oxidation characteristics, cell rejuvenation, and immune system strengthening. However, factors such as least to nil support by the government, high cost of production, and the shortage of raw material accessibility are anticipated to impact the expansion of the amaranth oil market.
Quick Progress In Cosmetic & Personal Care Section To Drive The Global Amaranth Oil Market Growth
In addition, the rapidly expanding cosmetic & personal care and the pharmaceuticals segment are likely to impel the growth of the global amaranth oil market. On account of the isolation method type, there are various types of extraction of amaranth oil: organic solvent (hexane) extraction, supercritical fluid extraction, cold press extraction, and others. The cold press extraction technique is most normal amongst all, due to the affordable extraction of the amaranth seed oil.
Increasing Awareness About Health Amongst People To Aid Europe Dominate The Amaranth Oil Market
Due to the robust cosmetic and pharmaceutical industrial base along with the health-conscious consumer base, Europe is estimated to rule the amaranth oil market considering all the regions. Furthermore, the Asia-Pacific region is likely to be the fastest expanding amaranth oil market as an outcome of the increasing population with surging disposable revenue in the developing economies.
This report segments the global amaranth oil market as follows:
Global Amaranth Oil Market: Type Segment Analysis
Global Amaranth Oil Market: Application Segment Analysis
Global Amaranth Oil Market: Regional Segment Analysis
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