SAN FRANCISCO, January 28, 2019
SAN FRANCISCO, January 28, 2019 /PRNewswire/ --
The global amaranth market size is anticipated to reach USD 13.89 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 11.3% during the forecast period. Presence of rare elements such as squalene, oleic acid, stearic acid, and tocopherols, which help in boosting bone strength, reducing inflammation, repairing tissues, while providing numerous other health benefits, is projected to play a crucial factor in fueling the demand for amaranth over the forecast years.
Key suggestions from the report:
Read 85 page research report with TOC on "Amaranth Market Size, Share & Trends Analysis Report By Application (Personal Care, Food & Beverages, Pharmaceuticals), By Product (Seed, Oil, Leaf, Flour), By Region, And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/amaranth-market
Amaranth byproducts find applications in various industries such as dietary supplements, cosmetics, pharmaceuticals, and food additives. Growing geriatric population, for which the product is beneficial in several medical conditions, is poised to stir up the demand for amaranth in the pharmaceutical sector over the forecast period.
Amaranth contains a high percentage of proteins, which enhance post-workout recovery process of muscles. Recent trends, such as hectic and urban lifestyles, surging adoption of on-the-go meals, and increasing awareness regarding fitness among working population, are likely to boost the demand for low-cost protein sustenance over the forecast period. Amaranth oil also possesses anti-inflammatory properties, which help prevent hazards of allergies.
Amaranth seeds and leaves have a high concentration of proteins, antioxidants, and phytosterols, making them one of the most sought-after grains in the market. Apart from high concentration of proteins, amaranth seeds contain specific peptides known to prevent activity of free radicals and reduce inflammation. Presence of anti-inflammatory molecules can be helpful in alleviating conditions such as gout and arthritis.
A rise in the number of people facing starvation across African countries, such as Sudan, Somalia, and Nigeria, is expected to stir up the demand for superfoods over the forecast period. Growing acceptance of amaranth products in established markets such as Europe and North America can lead to a trickle-down effect, aiding availability of amaranth products in developing countries over the coming years.
Grand View Research has segmented the global amaranth market on the basis of product, application, and region:
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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