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Amaranth Market Trends

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

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Amaranth Market Trends

Amaranth is witnessing a surge in demand, driven by a consumer shift towards plant-based, gluten-free, and nutrient-rich foods. As ancient grains gain traction, amaranth stands out for its high protein, fiber content, and essential amino acids, making it a staple in health-focused diets. The market is further buoyed by a growing preference for sustainable and non-GMO ingredients, with amaranth emerging as a green alternative. Its versatility is evident as amaranth finds its way into snacks, cereals, and dietary supplements. Moreover, the organic and functional food sectors are increasingly adopting amaranth, broadening its reach across various markets.

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.