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Amaranth Oil Market - Global Industry Analysis

Amaranth Oil Market: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2020 - 2028

Published Date: 29-May-2021 Category: Food & Beverage Report Format : PDF Pages: 140 Report Code: ZMR-183 Status : Published

The global Amaranth Oil market accounted for USD 651.4 Million in 2020 and is expected to reach USD 1,421.1 Million by 2028, growing at a CAGR of around 10.2% between 2021 and 2028.

Description

Market Overview    

The global Amaranth Oil market accounted for USD 651.4 Million in 2020 and is expected to reach USD 1,421.1 Million by 2028, growing at a CAGR of around 10.2% between 2021 and 2028.   

Amaranth oil is a smooth, light-to-medium brown substance obtained from the seeds of two species of Amaranthus, A. hypochondriacus and A. cruentus, collectively known as grain amaranth. A few select species of the amaranth crop are used as the raw material for amaranth seed oil. There are more than sixty different varieties of amaranth, but only three of them are considered to possess high levels of oil.  Amaranth oil is high in natural Vitamin E complex and contains a lot of unsaturated fatty acids including linoleic acid and oleic acid, as well as omega 6 and 9 fatty acids, making it very good for the skin. As a result, it's used as a base oil to hydrate dried, weakened, or ageing skin. Amaranth oil has high nutritious value, temperature versatility, a lot of squalene, and epidermis properties. Amaranth oil contains squalene, which has anti-inflammatory, anti-oxidant, and anti-aging effects. Its inherent ability to absorb UV radiation makes it suitable for use in sunscreen cosmetics. Pharmaceutical formulations based on amaranth oil reduce side effects of drug dosages. Squalene's immune-boosting and cell-rejuvenation effects make it useful in medicinal applications. It's also a fragrant element that can be used for both medicinal and aromatic purposes. Some end-user industrial uses for amaranth oil include lubricant additives, and rubber chemical additives.

The health benefits of amaranth oil, such as its high nutritional value, skin-identical quality, high squalene content, and temperature flexibility, are driving the global market. The amaranth oil demand is projected to be boosted by the pharmaceutical industry's optimistic attitude for developing innovative medicines dependent on bio-based raw materials.

COVID-19 Impact Analysis

Due to government-imposed lockdowns to prevent the spreading of COVID, the global Amaranth Oil industry has seen a small decrease in revenues in the short term. Because of the pandemic, the production and global supply chain of various industries stopped operating around the world. This impacted on Amaranth Oil market growth negatively.  However, the global markets are slowly opening to their full potential and theirs a surge in demand of Amaranth Oil as the demand in cosmetics industry is increasing continuously. The market would remain bullish in upcoming year. 

The significant decrease in the global Amaranth Oil market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.

Growth Factors

The health benefits of amaranth oil, such as its high nutritional value, skin-identical quality, high squalene content, and temperature flexibility, are driving the global market. The amaranth oil demand is projected to be boosted by the pharmaceutical industry's optimistic attitude for developing innovative medicines dependent on bio-based raw materials. Furthermore, the amaranth oil industry is expected to benefit from the steadily growing cosmetics and personal care as well as pharmaceuticals segments.

Nonetheless, the lack of government funding, the high cost of production, and the scarcity of raw materials are all expected to suppress the development of the amaranth oil market.

Report Scope: 

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Type Segment Analysis Preview 

Cold pressed, Supercritical Fluid Extraction(SFE), and organic solvent are the three main segments based on type of Amaranth Oil. Because of the low cost of production and low related procedure for extracting amaranth seed oil, the cold press extraction method is the most used.         

Application Segment Analysis Preview 

On the basis of application Amaranth Oil market is segmented into Cosmetic & Personal Care, Pharmaceutical, Food Supplements and Fragrance. The Cosmetic & Personal Care segment is dominating the market and during the forecast period and is expected to grow at a rapid rate. The exploration of new product developments in  Pharmaceutical segment is expected to expand rapidly in the coming years.

Key Market Players & Competitive Landscape

Some of the major players of global Amaranth Oil market includes  Amaranth Bio Company, AMR Amaranth a.s, Proderna Biotech Pvt. Ltd., RusOliva, Flavex naturextracte GmbH among others.

The global Amaranth Oil Market is segmented as follows:

By Product

  • Cold Pressed
  • Supercritical Fluid Extraction
  • Organic Solvent

By Application

  • Cosmetic & Personal Care
  • Pharmaceutical
  • Food Supplements
  • Fragrance

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Amaranth Oil Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Amaranth Oil Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Culd Pressed
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Supercritical Fluid Extraction
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Organic Sulvent
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Amaranth Oil Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Cosmetic & Personal Care
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Pharmaceutical
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Food Supplements
      • 5.4.1. Market Size and Forecast, By Region (USD Million)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Fragrance
      • 5.5.1. Market Size and Forecast, By Region (USD Million)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6: Amaranth Oil Market – Industry Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.4. U.S.
        • 6.2.4.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 6.2.4.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.5. Canada
        • 6.2.5.1. Canada Market Revenue, By Type, 2016 – 2028
        • 6.2.5.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Mexico
        • 6.2.6.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 6.2.6.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.4. Germany
        • 6.3.4.1. Germany Market Revenue, By Type, 2016 – 2028
        • 6.3.4.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.5. France
        • 6.3.5.1. France Market Revenue, By Type, 2016 – 2028
        • 6.3.5.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.6. U.K.
        • 6.3.6.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 6.3.6.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.7. Italy
        • 6.3.7.1. Italy Market Revenue, By Type, 2016 – 2028
        • 6.3.7.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Spain
        • 6.3.8.1. Spain Market Revenue, By Type, 2016 – 2028
        • 6.3.8.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Rest of Europe
        • 6.3.9.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 6.3.9.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.4. China
        • 6.4.4.1. China Market Revenue, By Type, 2016 – 2028
        • 6.4.4.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.5. Japan
        • 6.4.5.1. Japan Market Revenue, By Type, 2016 – 2028
        • 6.4.5.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.6. India
        • 6.4.6.1. India Market Revenue, By Type, 2016 – 2028
        • 6.4.6.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.7. South Korea
        • 6.4.7.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 6.4.7.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South-East Asia
        • 6.4.8.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 6.4.8.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.9. Rest of Asia Pacific
        • 6.4.9.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 6.4.9.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.4. Brazil
        • 6.5.4.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 6.5.4.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Argentina
        • 6.5.5.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 6.5.5.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Rest of Latin America
        • 6.5.6.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 6.5.6.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028 (USD Million)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Product, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.4. GCC Countries
        • 6.6.4.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 6.6.4.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.5. South Africa
        • 6.6.5.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. Rest of Middle-East Africa
        • 6.6.5.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Amaranth Oil Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technology Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Amaranth Oil Market: Company Market Share, 2019
      • 8.1.2. Global Amaranth Oil Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 8.1.3. Global Amaranth Oil Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Amaranth Oil Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. Amaranth Bio Company
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. AMR Amaranth a.s
    • 9.3. Proderna Biotech Pvt. Ltd.
    • 9.4. RusOliva
    • 9.5. Flavex naturextracte GmbH
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Amaranth Oil Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Type, 2020 & 2028 
FIG NO. 7. Global Amaranth Oil Market for Cold Pressed, Revenue (USD Million) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Amaranth Oil Market for Cold Pressed, By Country, 2020 & 2028
FIG NO. 9. Global Amaranth Oil Market for Supercritical Fluid Extraction, Revenue (USD Million) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Amaranth Oil Market for Supercritical Fluid Extraction, By Country, 2020 & 2028
FIG NO. 11. Global Amaranth Oil Market for Organic Solvent, Revenue (USD Million) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Amaranth Oil Market for Organic Solvent By Country, 2020 & 2028
FIG NO. 13. Market Revenue Share, By Application, 2020 & 2028 
FIG NO. 14. Global Amaranth Oil Market for Cosmetic & Personal Care, Revenue (USD Million) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Amaranth Oil Market for Cosmetic & Personal Care, By Country, 2020 & 2028
FIG NO. 16. Global Amaranth Oil Market for Pharmaceutical, Revenue (USD Million) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of Amaranth Oil Market for Pharmaceutical, By Country, 2020 & 2028
FIG NO. 18. Global Amaranth Oil Market for Food Supplements, Revenue (USD Million) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Amaranth Oil Market for Food Supplements, By Country, 2020 & 2028
FIG NO. 20. Global Amaranth Oil Market for Fragrance, Revenue (USD Million) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Amaranth Oil Market for Fragrance, By Country, 2020 & 2028
FIG NO. 22. Global Amaranth Oil Market Revenue Share, By Region, 2020 & 2028
FIG NO. 23. North America Amaranth Oil Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 24. Porter’s Five Forces Analysis for Global Amaranth Oil Market
FIG NO. 25. PEST Analysis for Global Amaranth Oil Market
FIG NO. 26. Pricing Analysis for Global Amaranth Oil Market
FIG NO. 27. Value Chain Analysis for Global Amaranth Oil Market
FIG NO. 28. Company Share Analysis, 2019
FIG NO. 29. Radar Determinant Chart, 2019
FIG NO. 30. Company Strategic Developments – Heat Map Analysis
FIG NO. 31. Archer Daniels Midland Company Business Segment Revenue Share, 2020 (%)
FIG NO. 32. Archer Daniels Midland Company Geographical Segment Revenue Share, 2020 (%)
FIG NO. 33. Market Channels
FIG NO. 34. Marketing Channel Development Trend
FIG NO. 35. Growth in World Gross Product, 2008-2018
FIG NO. 36. Research Methodology – Detailed View
FIG NO. 37. Research Methodology
 


List of Tables 

TABLE NO. 1. Global Amaranth Oil Market: Snapshot
TABLE NO. 2. Quarterly Amaranth Oil Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Amaranth Oil Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million) 
TABLE NO. 6. Global Amaranth Oil Market for Cold Pressed, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Amaranth Oil Market for Supercritical Fluid Extraction, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Amaranth Oil Market for Organic Solvent by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Amaranth Oil Market for Cosmetic & Personal Care, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Amaranth Oil Market for Pharmaceutical, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Amaranth Oil Market for Food Supplements, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12. Global Amaranth Oil Market for Fragrance by Region, 2016 – 2028 (USD Million)
TABLE NO. 13. Global Amaranth Oil Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 14. North America Amaranth Oil Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 15. North America Amaranth Oil Market Revenue, By Type, 2016 – 2028 (USD Billon)
TABLE NO. 16. North America Amaranth Oil Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 17. U.S. Amaranth Oil Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 18. U.S. Amaranth Oil Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 19. Canada Amaranth Oil Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 20. Canada Amaranth Oil Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 21. Mexico Amaranth Oil Market Revenue, By Type, 2016 – 2028 (USD Million)
TABLE NO. 22. Mexico Amaranth Oil Market Revenue, By Application, 2016 – 2028 (USD Million)
TABLE NO. 23. Drivers for the Amaranth Oil Market: Impact Analysis
TABLE NO. 24. Restraints for the Amaranth Oil Market: Impact Analysis
TABLE NO. 25. Major Buyers of Amaranth Oil
TABLE NO. 26. Distributors/Traders List of Amaranth Oil
TABLE NO. 27. Global Amaranth Oil Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 28: Global Amaranth Oil Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)   


 

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Amaranth Oil market. Zion Research has collected and analyzed key data belong to the global Amaranth Oil market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Amaranth Oil across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Amaranth Oil industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Amaranth Oil market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Amaranth oil is extracted from the genus Amaranthus seeds such as—A. hypochondriacus and A. cruentus that are collectively called, grain amaranth. Amaranth oil is a clear, light to medium colored liquid which is highly unsaturated with agreeable taste and aroma at low temperatures. In addition, it also provides an admirable resource for omega series fatty acids.

Amaranth seed oil contains around 5-9% of squalene that imparts anti-oxidation, anti-aging and anti-inflammatory properties, apart from being a natural skin identical chemical that is easily absorbed by the skin. Squalene has medicinal benefits such as rejuvenation of cell, anti-oxidation and immune system strengthening properties. Amaranth seed oil is applied in pharmaceutical formulations to decrease the drug dosage and the linked side effects. In cancer therapies, Amaranth oil is extensively applied, as it is loaded source of squalene. Due to these properties, amaranth seed oil has found many applications in pharmaceuticals, personal care and cosmetics and food supplement and fragrance industry.

Global Amaranth Oil Market

The rise in demand for personal care and cosmetic products made from natural ingredients has boosted the demand for amaranth oil. The factors which are driving the growth in amaranth seed oil market contain the valuable properties of amaranth oil such as high nutrition value, high squalene content, temperature versatility, and its skin identical nature. Moreover, the restraint factors in the growth of the market are high production cost, nil or minimal governmental support and lack of raw material availability.

Amaranth seed oil is extracted by using several methods including organic solvent (hexane) extraction, supercritical CO2 extraction, cold press extraction and others which are under development. However, the most commonly used extraction method is cold press extraction which is due to the low production cost. Supercritical CO2 extraction of amaranth seed oil is expected to have the highest growth rate in the market on account of the good quality and high yield of the oil that is procured through the process.

Cosmetics and personal care industry is the major consumer of the amaranth oil market which accounted for a market share more than 45% in 2015. This segment is expected to rise at a good rate due to the increased demand for natural ingredients based cosmetic & personal care products. Among all other applications, the pharmaceutical and cosmetic segments are likely to have the highest growth rate in the market with a growing use of natural chemicals in medicinal formulations.

Amaranth seed oil has proved to be a rich source of protein, vitamins, and omega-3, 6, 9 containing fatty acids. Due to these health beneficial properties, the oil has tremendous applications in the food supplement industry as dietary corrective supplements foodstuff and dietary supplement capsules as well as in fragrance (aromatics) and in high-grade lubricant additives. For high-grade nutrition for farm animals, amaranth oil is also used in the feed additive industry.

Europe dominated the amaranth oil market in 2015 due to the high demand for amaranth seed oil by various end user industries such as in this region and it is expected to continue to lead this market in the coming years. Europe was followed by North America in the same year. However, Asia-Pacific is likely to be the fastest growing market due to a large number of population coupled with the increase in disposable income in developing economies.

The amaranth oil market is mainly segregated with very a small number of players in the market. The majority of the manufacturers are very small that supply regionally only. The leading players in the amaranth seed oil market are Amaranth Bio Company, AMR Amaranth a.s, Proderna Biotech Pvt. Ltd., Flavex naturextracte GmbH and RusOliva.

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FrequentlyAsked Questions

The global Amaranth Oil Market was valued at USD 651.4 Million in 2020.

The global Amaranth Oil Market is expected to reach USD 1421.1 Million by 2028, growing at a CAGR of 10.2% between 2021 to 2028.

The amaranth oil demand is projected to be boosted by the pharmaceutical industry's optimistic attitude for developing innovative medicines dependent on bio-based raw materials. Furthermore, the amaranth oil industry is expected to benefit from the steadily growing cosmetics and personal care as well as pharmaceuticals segments.

Europe is expected to dominate the amaranth oil market among all regions, owing to its large pharmaceutical and cosmetic manufacturing base, as well as its health-conscious consumer base. Furthermore, due to increasing population and rising disposable income in emerging economies, Asia Pacific is expected to be the fastest growing amaranth oil sector.

Some of the major players of global Amaranth Oil market includes Amaranth Bio Company, AMR Amaranth a.s, Proderna Biotech Pvt. Ltd., RusOliva, Flavex naturextracte GmbH among others. .

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