Global Amaranth Oil Market– Industry Trends and Forecast to 2019
Posted: Apr 12, 2019
[243 Pages Report] The Amaranth Seed Oil Market Global Industry Report is expected to grow at a good CAGR of 11.9% over the next five years to be worth $700.6 million by 2019.
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Europe dominates the market due to the high demand for amaranth seed oil in its various end use industries. Although the European economy has still not recovered from the Euro crisis, it is expected to continue to lead this market, followed by North America and Asia-Pacific.
The factors that drive the growth in amaranth seed oil market include the beneficial properties of amaranth oil such as high squalene content, high nutrition value, its skin identical nature, and temperature versatility. The factors that prove to be a hindrance in the growth of the market are high cost of production, minimal to nil governmental support, and lack of raw material availability.
Amaranth seed oil has squalene that imparts anti-aging, anti-inflammatory, and anti-oxidation properties apart from being a natural skin identical chemical that is readily absorbed by the skin. These properties have found many applications for amaranth seed oil in cosmetics and personal care industry. The increase in demand for cosmetic and personal care products made from natural ingredients has further increased the demand for amaranth oil from this industry.
Squalene also proves beneficial for medicinal purposes with its cell rejuvenation, anti-oxidation, and immune system strengthening properties. Amaranth seed oil is increasingly being incorporated in pharmaceutical formulations to reduce the drug dosage and the related side effects. Amaranth oil, as a rich source of squalene, has also found application in cancer therapies.
Amaranth seed oil has omega-3, 6, 9 containing fatty acids that prove to be rich source of protein and vitamins. Their presence in the oil have found applications in the food supplement industry as dietary supplement capsules and dietary corrective supplements foodstuff. Amaranth oil is also used in the feed additive industry for high grade nutrition for farm animals.
The amaranth seed oil market is analyzed in terms of volume (tons) and value ($million) for all regions, and its respective major countries. The revenues from each region have been broken down by the major end-user industries, namely, cosmetic & personal care, food supplements, pharmaceuticals, and aroma (fragrance).
For this report, various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, world economic outlook, trade websites, and databases have been referred to identify and collect information useful for this extensive commercial study of the amaranth seed oil market. The primary sources experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects and market estimations.
Major companies such as Amaranth Bio Company (U.S.), AMR Amaranth a.s (Czech Republic), RusOliva (Russia), Flavex naturextracte GmbH (Germany), and Proderna Biotech Pvt. Ltd. (India), have also been profiled in this report.
List of Figures (123 Figures):
Figure 1 Amaranth Seed Oil Market Segmentation
Figure 2 Research Methodology- Approach
Figure 3 Data Mining & Analysis - Triangulation
Figure 4 Research Methodology - Demand Side
Figure 5 Research Methodology - Supply Side
Figure 6 List Of Important Secondary Sources
Figure 7 Amaranth Seed Oil Market Size, By Region, Application & Extraction Type (Tons), 2013
Figure 8 Amaranth Crop Producing Regions
Figure 9 End-User Segments And Their Applications
Figure 10 Supply & Value Chain
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