Report ID: SQMIG30H2080
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Amaranth Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Amaranth industry players.
The global amaranth market is highly fragmented and competitive, with many small and medium-sized players operating in the industry. The key players are focusing on product innovation, expanding their distribution networks, and entering into strategic partnerships to gain a competitive advantage in the market. For instance, Ardent Mills recently launched a new amaranth flour as part of their product portfolio, while Inca Worldwide announced a partnership with Colombian farmers to increase the production of amaranth in the country. The market is also characterized by a large number of regional and local players, particularly in developing countries where amaranth is traditionally consumed. These players offer a range of amaranth-based products, including snacks, cereals, and bakery products, catering to local tastes and preferences.
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Amaranth Market size was valued at USD 7.95 Billion in 2024 and is poised to grow from USD 8.9 Billion in 2025 to USD 22.05 Billion by 2033, growing at a CAGR of 12% during the forecast period (2026–2033).
The global amaranth market is highly fragmented and competitive, with many small and medium-sized players operating in the industry. The key players are focusing on product innovation, expanding their distribution networks, and entering into strategic partnerships to gain a competitive advantage in the market. For instance, Ardent Mills recently launched a new amaranth flour as part of their product portfolio, while Inca Worldwide announced a partnership with Colombian farmers to increase the production of amaranth in the country. The market is also characterized by a large number of regional and local players, particularly in developing countries where amaranth is traditionally consumed. These players offer a range of amaranth-based products, including snacks, cereals, and bakery products, catering to local tastes and preferences. 'Amaranth Bio Company (US)', 'Amaranth Nord (Denmark) ', 'AMR Amaranth A.S. (Czech Republic) ', 'Dk Mass S.R.O (Czech Republic) ', 'Flaveko Trade Spol. S.R.O (Czech Republic) ', 'Flavex Naturextracte Gmbh (Germany) ', 'Irel Nans Products Pvt Ltd. (India) ', 'Kilaru Naturals Private Limited (India) ', 'Luke's Organic (US) ', 'Mary's Gone Crackers Inc. (US) ', 'Mukushi Foods (India) ', 'Nature's Bakery (US) ', 'Nova-Lux Group LLC (Russia) ', 'Nu-World Foods (US) ', 'Organic Products India (India) ', 'Proderna Biotech Pvt. Ltd. (India) ', 'Pure Inc. (US) ', 'RusOliva Pvt. Ltd. (Russia) ', 'Saar, Spol S.R.O (Czech Republic)'
One of the primary drivers of the global amaranth market is the increasing awareness of the health benefits associated with consuming amaranth. Amaranth is rich in protein, fiber, and minerals such as calcium and iron, and is also gluten-free, making it an ideal choice for people with celiac disease or gluten intolerance. As more people become health-conscious and seek out nutritious and natural foods, the demand for amaranth is likely to grow.
Increasing demand for gluten-free products: Amaranth is a naturally gluten-free grain that has gained popularity among consumers who are looking for alternatives to wheat-based products. The global demand for gluten-free products has been on the rise in recent years, driven by an increase in celiac disease, gluten intolerance, and a growing awareness of the health benefits of a gluten-free diet. As a result, the demand for amaranth and other gluten-free grains is expected to continue to grow, driving the growth of the global amaranth market.
North America is one of the largest markets for amaranth globally, with the United States being the largest contributor to the market's growth in the region. The increasing demand for healthy and plant-based food products is one of the major drivers of the market in North America. Amaranth is widely used in the United States as an ingredient in various food products, such as breakfast cereals, snack bars, and baked goods. The growing popularity of vegan and vegetarian diets in the region is also contributing to the demand for amaranth products as it is a plant-based protein source. In addition, the increasing prevalence of chronic diseases such as diabetes, obesity, and heart disease has led consumers to focus more on healthy eating habits, which has resulted in an increased demand for superfoods such as amaranth. North America is also home to some of the leading manufacturers and suppliers of amaranth, which further contributes to the growth of the market. The availability of amaranth-based products through various distribution channels, including supermarkets, health food stores, and e-commerce platforms, also makes it easily accessible to consumers in the region.
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