According to a new market report by Lucintel, the future of the amaranth oil market looks promising with opportunities in the cosmetics and personal care, food supplements, pharmaceuticals, and aroma industries. The amaranth oil market is expected to grow with a CAGR of 12% from 2019 to 2024. The major growth drivers for this market are decreasing dependence on petrochemical based products and increasing demand for bio-based products.
In this market, supercritical fluid CO2 extraction process, cold pressing process, and organic solvent extraction process are the major extraction process of the amaranth oil market.
Within the amaranth oil market, cosmetics and personal care, food supplements, pharmaceuticals, and aroma are the major end use industries. Cosmetics and personal care is the largest end use segment for amaranth oil.
Europe will remain the largest market over the forecast period due to an increasing demand from food supplementary applications.
Amr Amaranth A.S, Amaranth Bio Company, Proderna Biotech PVT. LTD., Flavex Naturextracte Gmbh, Nu-World Foods, Flaveko Trade Spol. S.R.O, Dk Mass S.R.O, and Rusoliva PVT. LTD. are among the major manufacturers of amaranth oil.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the amaranth oil market by extraction process, application, and region. Lucintel has prepared a comprehensive research report titled "Amaranth Oil Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the amaranth oil market by extraction process, end use industry, and region as follows:
By Extraction Process [$M shipment analysis for 2013 – 2024]:
• Supercritical fluid CO2 extraction process
• Cold pressing process
• Organic solvent (hexane) extraction process
• Other extraction process
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Cosmetics & personal care
• Food supplements
• Pharmaceuticals
• Aroma (fragrance)
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
− US
− Canada
− Mexico
• Europe
− Germany
− Spain
− France
− United Kingdom
− Russia
• Asia Pacific
− China
− Japan
− India
− South Korea
− Thailand
• The Rest of the World

More than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… [email protected].
About Lucintel
Lucintel, the premier management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the amaranth oil market by end use industry (cosmetics & personal care, food supplements, pharmaceuticals, aroma, and others), by extraction process (supercritical fluid CO2 extraction process, cold pressing process, organic solvent (hexane) extraction process, and other extraction process), by region (Asia Pacific, Europe, North America, and Rest of the World)
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the amaranth oil market?
Q.5 What are the business risks and threats to the amaranth oil market?
Q.6 What are emerging trends in this amaranth oil market and the reasons behind them?
Q.7 What are some changing demands of customers in the Amaranth Oil market?
Q.8 What are the new developments in the amaranth oil market? Which companies are leading these developments?
Q.9 Who are the major players in this amaranth oil market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, amaranth oil market?