According to the recent study the amaranth oil market is projected to grow at a CAGR of 12% from 2019 to 2024. Growth in this market is primarily driven by decreasing dependence on petrochemical based products and increasing demand for bio-based products.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in amaranth oil market by extraction process (supercritical fluid CO2 extraction process, cold pressing process, organic solvent (hexane) extraction process, and other extraction process), end use industry (cosmetics & personal care, food supplements, pharmaceuticals, aroma, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Cosmetics and personal care market is expected to remain the largest segment during the forecast period.”
Based on end use industry, the amaranth oil market is segmented into cosmetics and personal care, food supplements, pharmaceuticals, aroma, and others. Lucintel forecasts that the cosmetics and personal care market is expected to remain the largest segment.
“Europe will dominate the amaranth oil market in near future.”
Europe is expected to be the largest region over the forecast period due to an increasing demand from food supplementary applications.
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Major players of amaranth oil market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. 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, Rusoliva PVT. LTD., and others are among the major amaranth oil providers.
This unique 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 https://www.lucintel.com/amaranth-oil-market.aspx or [email protected]
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