Amaranth Seeds Market to Grow at Exponential Rate During the Forecast Period 2019-2023

08th Nov 2019 – The ****** Amaranth Seeds Market is expected to grow exponentially during the forecast period. Amaranth grains are commonly cultivated species in agriculture. They are similar to quinoa. Amaranth seed is highly productive as the plant is capable of yielding a high amount of seeds giving out six generations per year under favourable climatic conditions. It is free from gluten that causes potential damage to the internal human body.

Amaranth seeds contain lysine and hence they are a complete source of protein as all the vital amino acids are present. As compared to other grains, the protein content in the seed is more than 10%. Amaranth seeds or grains are consumables and so are the leaves and flowers.

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Amaranth seed market is driven by rise in food processing industry and increase in use of organic ingredients in medicinal cosmetics. In addition, rise in health benefits and antioxidative properties for skin, contributes to the rising demand in the market. Easy availability of the product and rise in use of amaranth in health and cosmetic products is more likely to propel the market growth during the forecast period.

Package segment for amaranth seeds market comprises bagged and canned. By end-user, market comprises greenhouse and farmland. By distribution channels, the market is segmented as online stores, retail stores, super market and specialty stores.

Key Players:

  • Monsanto
  • Syngenta
  • Limagrain
  • Bayer Crop Science
  • Bejo
  • Enza Zaden
  • Rijk Zwaan
  • Sakata
  • Takii
  • Nongwoobio
  • Longping High-Tech
  • Denghai Seeds
  • Jing Yan YiNong
  • Huasheng Seed
  • East-West Seed

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Geographical segmentation for the market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America and Europe market accounts for a significant market growth during the forecast period due to rise in consumer awareness, ease of availability and extensive use of amaranth for medicines. Asia-Pacific regions are likely to grow at a higher CAGR during the forecast period owing to intense use of amaranth seeds for cooking and medicinal purpose.

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