Global amaranth market, valued at USD 11.28 billion in 2023, is projected to grow at a CAGR of 11.51% from 2024 to 2030, reaching nearly USD 24.19 billion. Amaranth, a nutrient-rich pseudocereal, is packed with vitamins, fiber, minerals, and antioxidants, offering numerous health benefits such as improved metabolism, reduced inflammation, and better digestion. Its versatile applications span across food and beverages, personal care, cosmetics, and pharmaceuticals, driven by rising health consciousness and the demand for natural ingredients in various industries.

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What are Global Amaranth Market Dynamics?

The growth of the global amaranth market is fueled by increasing demand in the food and beverage sector and the rising trend of natural ingredients in personal care and cosmetics. Amaranth’s health benefits, including antioxidant properties, high protein content, and digestive support, are boosting its use in health and personal care products. Additionally, improved global supply chains are enhancing product availability. However, high production costs, particularly for organic amaranth, may pose challenges to market growth during the forecast period.

Major Highlights of the Global Amaranth Market

Global amaranth market include strong growth driven by rising health awareness and the demand for natural products across food, cosmetics, and pharmaceuticals. The amaranth seed segment holds the largest market share due to its rich mineral content, while the personal care segment leads in application due to consumer preference for bio-based ingredients. North America dominates the market, supported by demand for squalene-rich products, while Asia Pacific is expected to witness the highest growth due to increasing disposable incomes and a growing focus on anti-aging products.

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Global Amaranth Market Segmentation

by Product

Amaranth seed
Amaranth oil
Amaranth leaf
Amaranth flour

by Application

Food & Beverages
Personal care
Pharmaceuticals
Others

by Category

Organic
Conventional

by Sales Channel

Hypermarket /Supermarket
Retail Stores
Online Stores
Others

Global Amaranth Market Regional Analysis

North America: Encompassing the United States, Canada, and Mexico, North America holds a prominent position in the global sodium acetate market. This leadership is fueled by advanced infrastructure, cutting-edge technologies, and a strong economic foundation that supports widespread industrial and commercial operations.

Europe: Europe, featuring major economies like the United Kingdom, France, Germany, Italy, Spain, Sweden, and Austria, is a key participant in the sodium acetate market. Its competitive edge is driven by a well-developed industrial sector, stringent regulatory frameworks, and a strong focus on sustainability, all of which enhance its global market influence.

Asia-Pacific (APAC): The APAC region, including countries such as China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, and Pakistan, stands as a major hub for sodium acetate production and consumption. The region’s rapid industrial growth, technological innovations, and expanding middle-class population significantly boost its market growth.

South America: Countries like Brazil and Argentina, along with other regional players, propel the sodium acetate market in South America. The region’s abundant natural resources, robust industrial development, and flourishing agricultural sector are key drivers of market expansion.

Middle East and Africa (MEA): The MEA region, with contributions from South Africa, the Gulf Cooperation Council (GCC) countries, Egypt, and Nigeria, plays a vital role in the sodium acetate market’s growth. Its abundant energy reserves, ongoing infrastructure projects, and initiatives toward economic diversification are crucial factors supporting market development.

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Global Amaranth Market Key Players

1.Proderna Biotech Pvt. Ltd.
2. AMR Amaranth A.S.
3. Nans Products Pvt Ltd.
4. Flaveko Trade Spol. S.R.O
5. Nu-World Foods
6. Amaranth Bio Company
7. Amaranth Nord
8. RusOliva Pvt. Ltd.
9. Dk Mass S.R.O
10. Spol S.R.O
11. Health Valley
12. Amaranth Resources
13. Arrowhead Mills
14. Nu-world Amaranth
15. Irel Nans Products Pvt Ltd.

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