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.
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.
The key players profiled in the amaranth seeds market report
are Syngenta, Enza Zaden, Bejo, Bayer Crop Science, Limagrain, Monsanto, Rijk
Zwaan, Takii, Nongwoobio, Denghai Seeds, Jing Yan YiNong, East-West Seed,
Huasheng Seed and Sakata.
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