Market Analysis and Insights: Global Amaranth Oil Market
The global amaranth oil market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 11.6% in the forecast period of 2021 to 2028 and is expected to reach USD 1,322.15 million by 2028. Rise in demand of amaranth oil from food supplementary industry. Increasing consumer acceptance of natural products for healthy living thus acts as a driver for global amaranth oil market growth.
Amaranth oil has various health benefits, such as it is good for heart, skin and body. In addition, it is used in several applications such as perfumery industry, aromatics, pharmaceuticals, and food supplements due to its increase in demand in the market.
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Global Amaranth Oil Market, By Extraction type (Supercritical Fluid Co2 Extraction Process, Cold Pressing Process, Organic Solvent (Hexane) Extraction Process, Others), Packaging type (HDPE Carboy, Aluminum Bottles, G.I. Drums, Others), Category (Conventional, Organic) Application, (Cosmetics And Personal Care, Dietary Supplements, Aromatics, Pharmaceuticals, Others), Country (U.S., Canada, Mexico, Germany, France, Spain, U.K., Netherlands, Russia, Italy and Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Rest of Asia-Pacific, Brazil, Bolivia, Peru, Paraguay, Argentina, Rest of South America, Saudi Arabia, Israel, South Africa, UAE, Kenya, Ethiopia, Ghana, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Also, the rise in demand for organic and natural products among consumers and growing awareness about natural products is expected to create huge opportunities for the global amaranth oil market.
The high production costs, and fluctuating prices of raw materials is projected to huge challenge the global amaranth oil market.
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The demand for amaranth oil is increasing, for which key players or companies are now more focused and are involved in expansion, partnership, collaboration, event participation, certification, acquisition, and innovation in the market. These decisions are ultimately enhancing the growth of the market. Increase in awareness regarding the health benefits of amaranth oil acts as driver for the global amaranth oil market. Factor such as Fluctuating prices of raw materials is restraining the global amaranth oil market growth. Increasing demand for organic products among consumers acts as an opportunity for the market. Availability of substitute products in the market acts as challenge for the global amaranth oil market growth.
The global amaranth oil market report provides details of market share, new developments, and impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the balsamic vinegar market scenario, contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global amaranth oil market is segmented into four notable segments based on extraction type, packaging type, category and application. The growth among segments helps you analyses niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of extraction type, the global amaranth oil market is segmented into supercritical fluid CO2 extraction process, cold pressing process, organic solvent (hexane) extraction process and others. In 2021, the supercritical fluid co2 extraction process segment is expected to dominate the amaranth oil market due to emergence on new extraction techniques like Supercritical Extraction technique.
On the basis of packaging type, the global amaranth oil market is segmented into aluminum bottles, HDPE carboy and G.I. drums. In 2021, the HDPE carboy segment is expected to dominate the amaranth oil market due to the increase in demand for amaranth oil market to avoid nutritional risks and to increase the adoption of food safety standards.
On the basis of category, the global amaranth oil market is segmented into conventional and organic. In 2021, the conventional segment is expected to dominate the amaranth oil market due to increase demand for natural and vegan products among consumers to lead a healthy lifestyle.
On the basis of application, the global amaranth oil market is segmented into cosmetics and personal care, dietary supplements, pharmaceuticals, aromatics and others. In 2021, the cosmetics and personal care segment is expected to dominate the amaranth oil market due to the increase in demand for certified sustainable food products among consumers.
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Growing Strategic Activities by Major Market Players to Enhance the Awareness for amaranth oil is Boosting the Market Growth of Market.
The amaranth oil market also provides you with detailed market analysis for every country growth in particular market. Additionally, it provides the detail information regarding the market players’ strategy and their geographical presence. The data is available for historic period 2010 to 2019.
Competitive Landscape and Global Amaranth Oil Market Share Analysis
Global amaranth oil market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to global amaranth oil market.
Some of the major players operating in the market are:
FLAVEX Naturextrakte GmbH 2021, "M" plus Group" LTD, Ziani Organic Oils, Sunsoil Pvt. Ltd, Nature Pure Extracts Inc. and O&3 Limited among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many developments are also initiated by the companies’ worldwide which are also accelerating the Global amaranth oil market.
For instance,
In March 2020, Russian Oliva has launched new website for their consumers to buy the products easily. This development will increase company’s digital customer base and will help Increase Company’s revenue
Collaboration, product launch, business expansion, award and recognition, joint ventures and other strategies by the market player is enhancing the company footprints in the market which also provides the benefit for organization’s profit growth.
