Global Amaranth Oil Market
The global Amaranth Oil market was valued at USD 502.7 million in 2016 and is projected to reach USD 1360.7 million by 2025, growing at a CAGR of 11.7% from 2017 to 2025.
Amaranth oil is a medium colored liquid composed of a large number of fatty acids. Its application in personal care and pharmaceutical products is expected to drive market demand. The presence of squalene is a major factor boosting market consumption.
1. Market Drivers
1.1 Growing demand for premium leather
1.2 Abundance of raw materials
2. Market Restraints
2.1 Increase in operational costs
2.2 Stringent regulatory policies
The global Amaranth Oilmarket is segmented on the extraction type, application, and region.
1. By Extraction Type:
1.1 Supercritical CO2 extraction
1.2 Organic Solvent Extraction
1.3 Cold Pressing
2. By Application:
2.1 Personal Care and Cosmetics
2.4 Food Supplements
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. Amr Amaranth AS
2. Rusoliva Pvt. Ltd.
3. Amaranth Bio Company
4. Dk Mass S.R.O
5. Amaranth Nord
6. Flaveko Trade Spol S.R.O
7. Proderna Biotech Pvt. Ltd.
8. IrelSpol S.R.O
9. FlavexNaturextracte GmbH
10. Nans Products Pvt. Ltd.
12. Nu-World Foods
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Amaranth Oil Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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