Global Amaranth Seeds Market Size (2023-2030)

The Global Amaranth Seeds Market was valued at USD 7.35 Million and is projected to reach a market size of USD 15.95 Million by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 11.7%. 

The numerous health advantages of these little superfoods have led to a significant increase in the market for amaranth seeds in recent years. The amaranth plant, revered by many civilizations and tamed for hundreds of years, produces amaranth seeds, often known as "pseudo-grains." Amaranth seeds are a favorite among those who are health-conscious because they are gluten-free, high in protein, and packed with necessary minerals. They also contain significant amounts of fiber, iron, magnesium, and calcium in addition to the amino acid lysine, which is unusual in other grains. These characteristics support the arising interest in amaranth seeds as a healthy supplement to a varied diet.

Because of shifting dietary tastes, increased consumer awareness of amaranth seeds’ health benefits, and their inclusion in the food business, the amaranth seed market is constantly expanding. The demand for amaranth seeds is anticipated to increase as more people adopt healthier lifestyles and look into alternative food sources. Future success in the Amaranth seed market is anticipated as a result of continuous developments and market expansion initiatives. 

Global Amaranth Seeds Market Drivers:

Growing Demand for Nutrient-Dense and Gluten-Free Food Alternatives is fuelling market demand.

The rising demand for nutrient-dense and gluten-free food options is one of the main factors driving the global amaranth seeds market. The nutritional advantages of amaranth seeds have attracted attention as more people become health-conscious and look for dietary alternatives that support overall well-being. Amaranth seeds are an appealing option for people trying to improve their diets because they are packed with protein, fiber, iron, and other necessary elements. Furthermore, those who are gluten intolerant or who follow gluten-free diets benefit from amaranth seeds' lack of gluten. Amaranth seeds have become increasingly popular in a variety of food items and recipes as a result of the rising incidence of celiac disease and gluten intolerance.

Rising Awareness of Ancient Grains and Traditional Food Habits is boosting market growth.

A significant aspect affecting the world market for amaranth seeds is the rising esteem for traditional meals and ancient grains. Ancient grains have recently regained popularity because of their possible nutritional value and historical significance. As more people desire to eat more traditionally again, amaranth seeds, one of the ancient grains that have been cultivated for centuries, are growing in popularity. A desire to appreciate the cultural heritage and try new foods is typically present along with this growing understanding. Due to its use in both traditional recipes and modern culinary products, amaranth seeds have grown in popularity and availability. Growth has been supported by the enthusiasm surrounding the rediscovery of traditional grains and dietary habits.

Global Amaranth Seeds Market Challenges:

The lack of knowledge and accessibility of amaranth seeds in some areas is a significant barrier to the global market for amaranth seeds. Even though there is a growing market for amaranth seeds, particularly in North America, Europe, and Asia Pacific, there are still certain areas where customers are unaware of the health advantages of these seeds. Additionally, it may be challenging for customers to access and include amaranth seeds in their diets in some marketplaces due to their limited availability. To overcome this obstacle, concentrated efforts are needed to increase consumer awareness of the benefits of amaranth seeds and to broaden the networks employed for their distribution.

Global Amaranth Seeds Market Opportunities:

The rising demand for organic and sustainable food items represents one significant business opportunity in the worldwide amaranth seed market. Organic and sustainable farming methods are becoming more and more well-liked as customers become more aware of how their food choices affect the environment. Amaranth seeds can be grown organically and have a nutrient profile that appeals to the market of health-conscious consumers. The market for amaranth seeds might rise much further if we encourage sustainable production methods and boost organic farming. 

COVID-19 Impact on Global Amaranth Seeds Market:

The COVID-19 epidemic has been beneficial for the world market for amaranth seeds. Customers have demonstrated a growing interest in nutrient-dense and nutritious food alternatives like amaranth seeds as a result of rising health awareness and a focus on developing robust immune systems. As a result, the demand for amaranth seeds as a wholesome and adaptable ingredient has increased. The pandemic has also emphasized the value of food security and self-sufficiency, inspiring people to look into alternate grains and sustainable food sources and expanding the demand for amaranth seeds. The COVID-19 epidemic has had some adverse effects on the world market for amaranth seeds as well. The availability and distribution of amaranth seeds have been impacted by supply chain and logistics issues, potentially creating market restrictions. Additionally, the pandemic's impact on the economy has resulted in financial uncertainty, which has altered consumer spending habits. As a result, consumers' purchasing power would decline, which might hurt the demand for expensive amaranth seeds and related goods.

AMARANTH SEEDS MARKET REPORT COVERAGE:

Global Amaranth Seeds Market Segmentation:

Global Amaranth Seeds Market Segmentation: By Type

• Organic
• Conventional

The world market for amaranth seeds can be divided into organic and conventional categories. Genetically engineered organisms, industrial insecticides, and herbicides are not used in the production of organic amaranth seeds. The organic market is rapidly arising as a result of growing customer demand for sustainable and organic food products. The conventional section contains amaranth seeds that are produced using normal farming methods. Despite the conventional category currently owning a substantial piece of the market, the organic segment is predicted to gain ground. The demand for natural and organic products is propelling, and consumers are becoming more aware of the potential benefits these products may have for their health and the environment. As a result, the market share for organic amaranth seeds is rising.

Global Amaranth Seeds Market Segmentation: By Distributional Channel

• Hypermarkets & Supermarkets
• Convenience Stores
• Online
• Retail Stores
• Others

By distribution channel, the market for amaranth seeds may be divided into hypermarkets and supermarkets, convenience stores, online marketplaces, retail outlets, and others. Due to their extensive product selection, established supply networks, and the convenience they provide to customers, hypermarkets, and supermarkets today account for a considerable portion of the industry. The spread of amaranth seeds is greatly aided by convenience stores, particularly for purchases made while on the go. Due to the convenience of doorstep delivery and the rising popularity of e-commerce platforms, the online channel has expanded quickly. Retail establishments provide specialized customer groups looking for particular amaranth seed kinds, including health food stores and specialty shops. Direct sales, farmers' markets, and food service providers are examples of additional distribution channels. As consumers increasingly prefer the convenience of online shopping and access to a greater choice of product selections, online platforms are predicted to see a significant increase in market share. 

Global Amaranth Seeds Market Segmentation: By Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

The markets for amaranth seeds in North America, Europe, Asia Pacific, South America, and the Middle East & Africa can be divided geographically. North America now retains a sizeable market share, driven by the rising popularity of wholesome and gluten-free food choices. Due to rising consumer interest in organic foods and ancient grains, Europe also represents a sizable market for amaranth seeds. The Asia Pacific region's diverse culinary heritage and the expanding need for wholesome and useful food components are driving the industry. With nations like Peru and Bolivia being traditional producers and consumers of amaranth seeds, South America has enormous growth potential. The Middle East & Africa area is gradually increasing its market share due to consumers' shifting dietary habits and rising health consciousness. 

Global Amaranth Seeds Market Key Players:

1. Nimbark
2. Motherkart
3. Earthroot
4. Essence Nutrition
5. Eastmade
6. Dhatu
7. Nutty Yogi
8. Trunaturals
9. Pyramid Seeds
10. Nature Bio Foods