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From GlobeNewswire: 2025-03-07 10:00:00
The amaranth oil market is projected to reach a valuation of USD 2002.11 Million by 2032, with a CAGR of 11.21% from 2024 to 2032. Factors like high squalene content, anti-inflammatory properties, and cardiovascular health benefits are driving market growth, along with the rising demand for plant-based and organic products in the food, skincare, and pharmaceutical industries.
Key players in the amaranth oil market include Amaranth Bio Company, Proderna Biotech, Flavex Naturextrakte GmbH, and more, offering a variety of products like cold-pressed amaranth oil, organic amaranth oil, and amaranth oil capsules. The market size is expected to increase from USD 769.43 Million in 2023 to USD 2002.11 Million by 2032, with a CAGR of 11.21% from 2024 to 2032.
Europe leads the amaranth oil market growth, holding around 42% of the market share in 2023. The region’s high consumption of natural and organic ingredients, demand for clean-label products, and strict regulatory standards contribute to its dominance. Cold pressing is the dominant extraction process, while personal care & cosmetics are the leading application segment, driving market growth.
Recent developments in the market include Nature’s Aid launching cold-pressed amaranth oil skincare products, ProTec Botanica introducing a new food-grade variant, and Croda International exploring amaranth oil’s bioactive potential for pharmaceutical and nutraceutical formulations. As consumer demand for natural, sustainable, and plant-based products continues to rise, the amaranth oil market is poised for further growth and innovation. The Amaranth Oil Market is predicted to see significant growth from 2024 to 2032. Companies like Amaranth Bio Company and Amaranth Solutions are profiled in the report. Use cases and best practices for utilizing amaranth oil are also outlined. For more information, visit SNS Insider’s website for the full research report. Contact [email protected] for custom research options. SNS Insider is a top market research and consulting agency providing up-to-date market data and consumer insights globally, helping clients make informed decisions in an ever-changing market landscape.
Read more at GlobeNewswire: Amaranth Oil Market Projected to Reach USD 2002.11 Million