The global Amaranth Market was valued at $6.2billion in 2018 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2026, culminating in 2026 global sales of $14.9billion.
Amaranth is a cosmopolitan genus of herbs. Although several species are often considered weeds, people around the world value amaranth as leaf vegetables, ornamentals, and cereals. Amaranth use is different way that it’s a source of key vitamins and minerals are contain iron, phosphorus, potassium, magnesium, and calcium, in test that nutritional value and yield, the gain compares favorably with maize and other true cereals, the tiny seeds of gain Amaranthus are popped or milled for flour, and the fresh tender leaves and stem of Amaranthus are delicious when cooked. It is widely cultivated throughout India but more in southern regions and grown in the hills in north India, especially the grain amaranths. This is leaf amaranth as well as grain amaranths. The leaf amaranths are used for a vegetable but the young plants with tender stems and leaves of grain amaranths are also eaten as a leafy vegetable.
“Optimal Price Point (OPP) for Amaranth”
Estimated Average device/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in the China Amaranth materials are available at USD xxx- USD xxxx. However, high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Amaranth Market by “key Product Categories”
We have segmented the Amaranth market alloy based on key product categories are Seed, Oil, Leaf, and Flour.
We have observed the significant growth of Amaranth market by seed key product categories which dominates the market in terms of revenue. Seed is very diverse in size. Plants that produce smaller seeds can generate many more seeds per flower, while plants with larger seeds invest more resources into those seeds and normally produce fewer seeds. The dust-like orchid seeds are the smallest with about one million seeds per gram. Seed is a small embryonic plant enclosed in a covering in a covering called the seed coat, usually with some stored food.
Amaranth Market by “application”
We have segmented the Amaranth market alloy based on the application are Personal Care, Food & Beverages, and Pharmaceuticals.
We have observed the significant growth of Amaranth market by personal care application which dominates the market in terms of revenue. Personal care course enables candidates to explore an understanding of how-to principles of care planning and delivery quality personal care. It includes toileting, washing, feeding, and dressing, as well as advice psychological and emotional and encouragement support. The department of work and pension defines this as attention required in connection with bodily functions that toileting, bathing or shaving, washing getting in or out of communicating, taking medication, drinking, eating, and bed.
U.S. and Canada accounted for the maximum revenue share of over xx% in 2018 due to increased demand of Amaranth materials followed by EU- Top 5 countries contribute $X.6 Billion in 2018 and expected to reach $x.5 Billion by 2026.
The rapid growth of diseases in human body& awareness among people regarding health concern and availability of diagnosis materials inseed and personal care create an impact in developing countries for the demand of Healthy lifestyle and herbal medicine.
“Competitive Landscape” and“Merger & Acquisition Insights”
The key market participants include Viral International, General Mills, Inc., AMR Amaranth a.s, Rusoliva Pvt. Ltd, D.K. Mass S.R.O, Flavex Naturextracte Gmbh, Amaranth Bio Company, andFlaveko Trade Spol. S.R.O, are few major players in Amaranthmarkets. The Amaranth market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from thisinnovation& new product development are a major focus area for dominant companies.
Amaranth Market by key Product categories (Revenue, Million, 2018 – 2026)
Amaranth Market by Application (Revenue, Million, 2018 – 2026)
- Personal Care
- Food & Beverages
Amaranth Market Regional Outlook (Revenue, USD Million, 2018- 2026)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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