Amaranth Seed Oil Market by Extraction Process (Cold Pressing Process, Organic Solvent Extraction Process, Supercritical Fluid CO2 Extraction Process), Distribution Channel (Offline, Online), End-Use - Global Forecast 2024-2030

[181 Pages Report] The Amaranth Seed Oil Market size was estimated at USD 1.24 billion in 2023 and expected to reach USD 1.38 billion in 2024, at a CAGR 12.05% to reach USD 2.75 billion by 2030.

Amaranth seed oil is a plant-based oil derived from the seeds of the amaranth plant, a species known for its high nutritional value and resilience. The importance of amaranth seed oil is attributed to its rich composition of unsaturated fatty acids, primarily linoleic acid (omega-6) and oleic acid (omega-9), as well as squalene, tocopherols, and phytosterols. Amaranth seed oil finds applications in numerous sectors, significantly in skincare and beauty products, due to its emollient and antioxidant properties. Furthermore, amaranth oil is used in the food and beverage industry as a dietary supplement and in aromatherapy and massage oils, capitalizing on its therapeutic benefits. The amaranth plant is relatively easy to cultivate and is resistant to drought and pests, making it a sustainable crop for many regions that may have otherwise unusable land. However, the production complexity of amaranth seed oil and the allergic reactions associated with it impact the product adoption. As the demand for amaranth seed oil grows, innovation and research are crucial to sustaining market growth. Market players are developing cost-effective extraction methods to lower production costs, breeding high-yield amaranth varieties resilient to climate change, and creating scientifically validated health claims to support marketing.

The cold pressing process involves compressing amaranth seeds at low temperatures to extract the oil. This method preserves the nutritional profile of the oil, including its unsaturated fats, squalene content, vitamins, and minerals. Cold-pressed amaranth seed oil is highly desired for its health benefits and is commonly used in premium dietary supplements and high-quality cosmetics. The organic solvent extraction process uses a solvent to dissolve the oil from the amaranth seeds, after which the solvent is removed to leave behind the oil. The solvent extraction process can achieve higher yields than cold pressing and is often more cost-effective.

Supercritical fluid CO2 extraction is a state-of-the-art technique that uses carbon dioxide at supercritical pressures to extract oil. This method is known for its selectivity, efficiency, and ability to maintain the quality and purity of the oil. It is the preferred choice for producing the highest-grade amaranth seed oil, often used in nutraceuticals and advanced skincare formulations. Due to the high investment and operational costs of supercritical CO2 extraction, the end products are more expensive, catering to a niche market that values the exceptional quality of the extract. This process is environmentally friendly as well since it leaves behind no toxic residues.

Offline distribution includes traditional brick-and-mortar stores such as health food stores, supermarkets, and specialty stores, as well as direct sales from manufacturers through their exclusive outlets or distributors and partnerships with retailers. Consumers who prefer face-to-face interaction and personalized recommendations tend to choose offline channels when purchasing amaranth seed oil. The online segment consists of e-commerce platforms, company-owned websites, and online health stores. As the digital landscape expands, online shopping for health-related products, including amaranth seed oil, has become increasingly popular. Consumers who prioritize convenience and saving time will often choose online shopping to purchase amaranth seed oil. Offline channels benefit from direct customer engagement and the tactile shopping experience but are limited by geographical reach and operating hours. Online channels, on the other hand, offer unparalleled convenience, a wider selection, and typically, more competitive pricing, yet can suffer from concerns over product authenticity and the inability to physically inspect products before purchase.

The utilization of amaranth seed oil in the cosmetics and personal care industry stems from its high squalene content, a powerful emollient with antioxidant properties. Amaranth seed oil is used in formulations for moisturizers, serums, and natural cosmetic products due to its ability to hydrate the skin and improve elasticity. Customers in this segment often prefer natural, organic products that promise anti-aging benefits and are willing to pay a premium for high-quality, sustainable items. In the food and beverage sector, amaranth seed oil is valued for its nutritional benefits, including a high content of omega fatty acids, tocopherols, and phytosterols. The oil is used in premium dietary supplements, as a salad dressing, and in fortified foods and drinks. In the realm of pharmaceuticals and nutraceuticals, amaranth seed oil is sought after for its potential health benefits, including supporting cardiovascular health, boosting immunity, and reducing inflammation. The demand in this segment often revolves around the oil's bioactive compounds and their contribution to health supplements that address specific consumer health concerns.

In the Americas, particularly in North America, amaranth seed oil is predominantly used as a nutritional supplement and in high-end cosmetic products due to its hydrating and anti-aging properties. The clean-label movement and the demand for natural ingredients in the United States and Canada have propelled its use in the food and beverage industry as a functional ingredient. Key players in the Americas operate on a smaller scale compared to global giants, focusing on producing high-quality, organic amaranth seed oil catering to health-conscious consumer bases. The APAC region sees a larger application of amaranth seed oil in traditional medicines and dietary practices. Countries such as China and India, with a long history of herbal medicine, incorporate amaranth seed oil as part of holistic remedies. The APAC region, especially India, is one of the leading producers of amaranth seed and its derivative products, including oil. The traditional significance and the integration of amaranth in regular agricultural practices support the large-scale production in this area. In the EMEA region, there is a growing trend for incorporating amaranth seed oil in the development of health supplements, particularly for heart health and cholesterol management. The European market demonstrates a substantial demand for organic and natural cosmetics, which includes products made with amaranth seed oil. Several Eastern European countries have increased their focus on amaranth production due to the crop's adaptability to different soils and climates.

The FPNV Positioning Matrix is pivotal in evaluating the Amaranth Seed Oil Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Amaranth Seed Oil Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

• Evonik Launches GMP-Quality Plant-Based Squalene

  Evonik Industries AG has announced the availability of PhytoSquene, a non-animal-derived squalene sourced from amaranth seed oil, now produced in compliance with Good Manufacturing Practices (GMP). Conforming to European Pharmacopoeia standards, PhytoSquene supports the pharmaceutical industry's transition to plant-based ingredients, aligning with Evonik’s mission to significantly increase its portfolio of Next Generation Solutions. [Published On: 2023-10-23]

• Nutricircle Launches Plant Protein Isolates

  Nutricircle, a Hyderabad-based enterprise with a foundation in scientific research and development, launched a novel range of nutrition-infused plant protein isolates. Nutricircle's strategic launch at AAHAR was motivated by the dual goals of promoting protein-rich diet choices and engaging with nutraceutical entities to further the reach of their sustainable and health-oriented products. [Published On: 2023-03-20]

The report delves into recent significant developments in the Amaranth Seed Oil Market, highlighting leading vendors and their innovative profiles. These include A.G. Organica, Aliapure, Amaranth Beteiligungs GmbH, Aromantic Ltd., Biopurus, Blue Labelle Skincare, Ekologie Forte Pvt. Ltd., Erbology, FLAVEX Naturextrakte GmbH, Garden of Wisdom, Kanha Nature oils, Keynote International, Lotus Garden Botanicals, M Plus Group Ltd., NHR Organic Oils, Organiczing, Praan Naturals by Natural Sourcing, LLC, Proderna Biotech Pvt. Ltd., Rising Sun Botanicals, SanaBio GmbH, Siberian Green Australia by Persimmon LLC, The Sun LLC, and W. ULRICH GmbH.

This research report categorizes the Amaranth Seed Oil Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Extraction Process
  • Cold Pressing Process
  • Organic Solvent Extraction Process
  • Supercritical Fluid CO2 Extraction Process
• Distribution Channel
  • Offline
  • Online
• End-Use
  • Cosmetics & Personal Care
  • Food & Beverage
  • Pharmaceuticals & Nutraceuticals

• Region
  • Americas
    • Argentina
    • Brazil
    • Canada
    • Mexico
    • United States
      • California
      • Florida
      • Illinois
      • New York
      • Ohio
      • Pennsylvania
      • Texas
  • Asia-Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Japan
    • Malaysia
    • Philippines
    • Singapore
    • South Korea
    • Taiwan
    • Thailand
    • Vietnam
  • Europe, Middle East & Africa
    • Denmark
    • Egypt
    • Finland
    • France
    • Germany
    • Israel
    • Italy
    • Netherlands
    • Nigeria
    • Norway
    • Poland
    • Qatar
    • Russia
    • Saudi Arabia
    • South Africa
    • Spain
    • Sweden
    • Switzerland
    • Turkey
    • United Arab Emirates
    • United Kingdom

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

1. What is the market size and forecast of the Amaranth Seed Oil Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Amaranth Seed Oil Market?
3. What are the technology trends and regulatory frameworks in the Amaranth Seed Oil Market?
4. What is the market share of the leading vendors in the Amaranth Seed Oil Market?
5. Which modes and strategic moves are suitable for entering the Amaranth Seed Oil Market?