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Amaranth Market Size

Report ID: GMI3836
Published Date: Nov 2024
Report Format: PDF

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Amaranth Market Size

The global amaranth market size was valued at USD 9.3 billion in 2024 and is estimated to grow at a CAGR of over 18.1% from 2025 to 2034.

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In recent years, autoimmune disorders, including Celiac disease, have seen a rise in prevalence. Celiac disease, which affects individuals with a hereditary predisposition, impacts approximately 1% of the global population, translating to around 2 billion people in the U.S., as reported by the National Institute of Diabetes and Digestive and Kidney Diseases. For those with Celiac disease, gluten consumption poses a threat to their small intestine. This underscores the critical demand for gluten-free, nutritious foods, which in turn, is poised to boost the amaranth market share.

Amaranth Market Report Attributes
Report Attribute	Details
Base Year:	2024
Amaranth Market Size in 2024:	USD 9.3 Billion
Forecast Period:	2025 to 2034
Forecast Period 2025 to 2034 CAGR:	18.1%
2034 Value Projection:	USD 49.3 Billion
Historical Data for:	2021 – 2024
No. of Pages:	235
Tables, Charts & Figures:	165
Segments covered:	Product, Nature, Application
Growth Drivers:	Rising consumer demand for healthier food alternatives and increasing applications in the cosmetics industry Increasing demand from the pharmaceutical and nutraceutical industries Expansion of amaranth-based products in the organic food market
Pitfalls & Challenges:	High production costs of amaranth Limited awareness and consumer familiarity with amaranth as a food ingredient

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Due to its rich nutritional profile, health benefits, and gluten-free nature, amaranth flour finds extensive use in various bakery and confectionery products, as well as in numerous regional delicacies. With a growing consumer shift towards natural and plant-based alternatives, the demand for amaranth and its derivatives is projected to see substantial growth in the coming years.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of amaranth reached USD 9.3 billion in 2024 and is set to grow at a CAGR of over 18.1% from 2025 to 2034, driven by the rising demand for gluten-free, nutritious foods.

The organic segment dominated with a size of approximately USD 8.6 billion in 2024 and is set to grow at a CAGR of 17.7% from 2025 to 2034, propelled by increasing consumer preference for healthier and sustainable food options.

The U.S. market was valued at USD 1.8 billion in 2024 and is projected to grow at an 18% CAGR during the forecast period, led by a focus on sustainable and eco-friendly farming practices.

The key players in the industry include Arrowhead Mills, Ardent Mills, Apollo Agro Industries, Archer Daniels Midland Company, A.G. Industries, Bobs Red Mill Natural Foods, Flavex Naturextracte, Kilaru Naturals, Nature Bio-Foods, NOW Foods, and Organic Products India, Pure India Foods, Proderna Biotech.