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The global amaranth oil industry is expected to grow at a CAGR of nearly 10% in the forecast period of 2023-2028.
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In the United States, the amaranth crop is extensively used for seed production and oil extraction. The numerous benefit of amaranth oil makes it useful in range of industries like personal care and cosmetics, pharmaceuticals, and aromatics, among others. It is a common health food item in grocery stores there due to its nutritional properties. In other countries like India, Nepal, China, among others amaranth oil is gaining traction. Though, the price of the oil is relatively high, the valuable characteristics of the amaranth oil, like anti-inflammation, anti-aging, moisturizing etc., combined with its adoption to a variety of areas, make it a very promising crop for the future.
Amaranth oil is extracted from the seeds of amaranth (Amaranthus caudatus L.), a plant in the amaranthaceae family. The caudatus species are used for the purpose of the oil. Many parts of the plant are edible, like the seeds and leaves. Its tiny seeds contain five to six percent of high-quality oil.
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The market, based on extraction type, comprises of:
Based on applications, the market is segmented into:
The regional markets can be classified into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
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The amaranth oil is rich in natural tocopherols (Vitamin E complex) and has abundant unsaturated fatty acids like linoleic acid and oleic acid, and omega 6 and 9 fatty acid and thus is extremely beneficial for skin. It is therefore used as a base oil for nourishing dry, damaged, or aging skin. It has high quantity of antioxidant squalene which ensures great shape, smoothness, and moisture retention for skin. It is ideal for use in sunscreen products given its natural ability to absorb UV radiation. With so many benefits for the skin, amaranth oil finds extensive utilisation in personal care and cosmetics industry. In recent times, personal care and beauty products have seen a boom due rising likeliness of consumers with change in preferences. People today invest more time and money in skin protecting and maintaining products. This will act as a key driver in the rising growth of amaranth oil in coming years. It is also a fragrant substance which is used for aromatic and therapeutic uses.
The report presents a detailed analysis of the following key players in the global amaranth oil market looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Extraction Type, Application, Region |
Breakup by Extraction Type | Supercritical CO2 Extraction, Organic Solvent Extraction, Cold Pressing, Others |
Breakup by Application | Personal Care and Cosmetics, Pharmaceuticals, Aromatics, Food Supplements, Others |
Breakup by Regions | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Price Analysis | Historical and Forecast Price Trends-Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Amaranth Bio Company, AMR Amaranth A.S., Proderna Biotech Pvt. Ltd., Rusoliva Pvt. Ltd., Nans Products Pvt. Ltd., FLAVEX Naturextrakte GmbH, Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Amaranth Oil Market Analysis
8.1 Key Industry Highlights
8.2 Global Amaranth Oil Historical Market (2018-2022)
8.3 Global Amaranth Oil Market Forecast (2023-2028)
8.4 Global Amaranth Oil Market by Extraction Type
8.4.1 Supercritical CO2 Extraction
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Organic Solvent Extraction
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Cold Pressing
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Amaranth Oil Market by Application
8.5.1 Personal Care and Cosmetics
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Pharmaceuticals
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Aromatics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Food Supplements
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Amaranth Oil Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country Kingdom
9.2.3.1 United
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Amaranth Bio Company
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 AMR Amaranth A.S.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Proderna Biotech Pvt. Ltd.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Rusoliva Pvt. Ltd.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Nans Products Pvt. Ltd.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 FLAVEX Naturextrakte GmbH
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Amaranth Oil Market: Key Industry Highlights, 2018 and 2028
2. Global Amaranth Oil Historical Market: Breakup by Extraction Type (USD Million), 2018-2022
3. Global Amaranth Oil Market Forecast: Breakup by Extraction Type (USD Million), 2023-2028
4. Global Amaranth Oil Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Amaranth Oil Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Amaranth Oil Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Amaranth Oil Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Amaranth Oil Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Amaranth Oil Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Amaranth Oil Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Amaranth Oil Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Amaranth Oil Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Amaranth Oil Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Amaranth Oil Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Amaranth Oil Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Amaranth Oil Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Amaranth Oil Market Forecast: Breakup by Country (USD Million), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Amaranth Oil Market Structure
The market is projected to grow at a CAGR of nearly 10% in the forecast period of 2023-2028.
The major drivers of the industry include the rising population, rising disposable income, and skin benefits offered by amaranth oil due to presence of abundant unsaturated fatty acids.
The rising preference to personal care among the consumers will act as an important trend.
The major markets involve North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Supercritical CO2 extraction, organic solvent extraction, cold pressing, among others are the extraction types of amaranth oil.
The application is involved in personal care and cosmetics, pharmaceuticals, aromatics, food supplements, among others.
The leading players in the market are Amaranth Bio Company, AMR Amaranth A.S., Proderna Biotech Pvt. Ltd., Rusoliva Pvt. Ltd., Nans Products Pvt. Ltd., and FLAVEX Naturextrakte GmbH, among others.
The growth of the global amaranth oil market is driven by its great skin benefits. Aided by the booming cosmetic and beauty products industry, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 10%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on the extraction type, the market can be segmented into supercritical CO2 extraction, organic solvent extraction, cold pressing, among others. Based on its applications, the industry can be divided into personal care and cosmetics, pharmaceuticals, aromatics, food supplements, among others. The major regional markets for amaranth oil are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The key players in the above market include Amaranth Bio Company, AMR Amaranth A.S., Proderna Biotech Pvt. Ltd., Rusoliva Pvt. Ltd., Nans Products Pvt. Ltd., FLAVEX Naturextrakte GmbH, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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