Amaranth Oil

Amaranth Oil

Global Amaranth Oil Market to Reach US$1.7 Billion by 2030

The global market for Amaranth Oil estimated at US$907.3 Million in the year 2023, is expected to reach US$1.7 Billion by 2030, growing at a CAGR of 9.5% over the analysis period 2023-2030. Cold Pressing Extraction, one of the segments analyzed in the report, is expected to record a 10.0% CAGR and reach US$771.4 Million by the end of the analysis period. Growth in the Supercritical CO2 Extraction segment is estimated at 9.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$245.1 Million While China is Forecast to Grow at 13.4% CAGR

The Amaranth Oil market in the U.S. is estimated at US$245.1 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$379.8 Million by the year 2030 trailing a CAGR of 13.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 6.7% and 7.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR.

Global Amaranth Oil Market - Key Trends and Drivers Summarized

What Makes Amaranth Oil Unique and Why Should You Care?

Amaranth oil, derived from the seeds of the Amaranth plant, stands out in the world of natural oils due to its exceptional nutritional profile and versatile applications. Rich in squalene, a compound known for its potent antioxidant properties, amaranth oil offers significant benefits for skin health, including enhanced hydration and protection against environmental damage. Additionally, it contains high levels of essential fatty acids, such as linoleic and oleic acids, which contribute to its anti-inflammatory and cardiovascular health-promoting effects. Unlike many other plant-based oils, amaranth oil is particularly valued for its high content of tocotrienols, a form of Vitamin E with strong antioxidant capabilities. This unique composition not only makes amaranth oil a desirable ingredient in the cosmetic and skincare industries but also highlights its potential in dietary supplements and functional foods.

How Is Amaranth Oil Produced and What Are Its Applications?

The extraction of amaranth oil typically involves cold-pressing the seeds, a process that preserves its delicate compounds and ensures maximum nutritional benefits. This method is favored over chemical extraction techniques, which can degrade the oil’s quality. The resulting product is a light, golden oil with a mild, nutty flavor, making it an appealing addition to culinary creations. In the kitchen, amaranth oil is used for sautéing, salad dressings, and as a finishing oil to enhance the flavor of various dishes. Beyond culinary uses, the oil is a popular ingredient in cosmetics and personal care products due to its ability to improve skin elasticity, reduce wrinkles, and promote a healthy, radiant complexion. Furthermore, the pharmaceutical industry has recognized amaranth oil`s potential, utilizing it in formulations aimed at reducing cholesterol levels, managing diabetes, and supporting overall cardiovascular health.

What Are the Health Benefits and Nutritional Value of Amaranth Oil?

Amaranth oil`s health benefits are attributed to its rich composition of bioactive compounds. Squalene, a major component, has been extensively studied for its ability to boost the immune system, protect against oxidative stress, and improve skin health. The oil`s high content of omega-6 and omega-9 fatty acids plays a crucial role in maintaining cellular integrity and supporting metabolic processes. Additionally, the presence of tocotrienols offers protection against chronic diseases, including heart disease and certain cancers. Amaranth oil is also a valuable source of phytosterols, plant compounds that help lower cholesterol levels and improve heart health. The combination of these nutrients makes amaranth oil a powerful ally in promoting overall wellness. Regular consumption of this oil can contribute to a balanced diet, support immune function, and enhance skin and hair health, making it a versatile addition to both culinary and therapeutic applications.

What Drives the Growth in the Amaranth Oil Market?

The growth in the amaranth oil market is driven by several factors, reflecting shifts in consumer behavior and technological advancements. Increasing awareness of the health benefits associated with natural and organic products has led to a surge in demand for amaranth oil in the food and beverage industry. Consumers are increasingly seeking out functional foods that provide added health benefits, and amaranth oil fits this trend perfectly due to its rich nutritional profile. Technological advancements in extraction and processing techniques have improved the efficiency and quality of amaranth oil production, making it more accessible and affordable for consumers. Additionally, the expanding cosmetics and personal care industry has embraced amaranth oil for its superior skin-enhancing properties, driving its use in a wide range of skincare products. The pharmaceutical industry`s interest in natural remedies has further boosted the demand for amaranth oil, given its potential in managing various health conditions. The growing trend towards sustainability and eco-friendly products also plays a significant role, as amaranth is a highly resilient crop that requires minimal resources to cultivate, aligning with the global push towards more sustainable agricultural practices.

Select Competitors (Total 46 Featured) -

• DK Mass S.R.O
• FLAVEKO Trade spol. s r.o.
• Flavex Naturextrakte GmbH
• Irel, Spol. S.R.O
• Nans Products Pvt., Ltd.
• Proderna Biotech Pvt. Ltd.
• Saar, SIA

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