Gluten-free
and protein-rich amaranth flour is used in the production of many
food products and its market has seen a significant growth over past
few years. Studying every aspect of that growth, Transparency Market
Research (TMR) estimates trajectory exhibited by the global market
for amaranth flour for the years 2017–2025. The report “Amaranth
Flour Market – Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2017–2025,” promises to cover all the
current and future market attributes of amaranth flour.
Amaranth
acts as a substitute for flours consisting of gluten protein, and
absence of gluten makes amaranth flour the most preferable
alternative for people allergic to gluten. Amaranth flour, a rich
source of potassium, fiber, calcium, phosphorus, vitamin A and
vitamin C is cultivated mostly in Central America, North America,
India, and Mexico.
Consisting
of rich amino acids, seeds of amaranth plants are grinded into fine
powder to produce amaranth flour. The health benefits amaranth flour
provides make it a superior ingredient of every meal and thus
marketers show a keen interest in investing in the market for
amaranth flour.
The
global amaranth market is expected to grow in the forecasted period,
and to illustrate it comprehensively, this report has segmented the
global market in various ways. Amaranth flour can be produced from
different raw materials. The report demonstrates the market for these
raw materials which includes raw materials like Amaranthus cruentus
and Amaranthus caudatus. Globally, amaranth flour is distributed
through various channels, in this research file, market is segregated
according to distribution channels like super/hyper market, online
stores and retail stores.
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As
amaranth flour is a substitute for other types of flours, it finds
applications in production of a wide range of food products. These
food products include but are not limited to cakes, pancakes,
cookies, cracers, cereals, and pastas. The global amaranth flour
market is segregated for these applications which clearly states the
growth of amaranth flour market through various applications.
The
report states that North America has dominated the global market of
amaranth flour. This report gives a regional view into the market.
Furthermore, the global amaranth flour market is segmented into Asia
Pacific, Middle East, Africa, Europe, Latin America, and North
America.
The
global market of amaranth flour has witnessed a substantial growth in
all the regions because of the health benefits provided by amaranth
flour. The gluten-free amaranth flour helps to regulate cholesterol
levels in the body. These health benefits along with aforementioned
qualities of amaranth flour are motivating consumers to prefer
amaranth flour over other types of flours. This is driving the
amaranth flour market to grow continually and exponentially. The
report shed lights on many such trends that are making customers all
over the world to demand for products made from amaranth flour.
Although
the competition for this market has become very tough, companies such
as Arva Flour Mill, Mirfak Pty Ltd, The Fine Food Company, The Hain
Celestial Group, Inc., Firebird Mills Products, Bay State Milling
Company, Anita’s Organic Grain & Flour Mill Ltd, Ardent Mills
Corporate, and Left Coast Naturals have emerged as a few key players.
This report by TMR gives a brief insights of these players, explains
hurdles and opportunities faced by them and sheds light on their
strategies to stay competent in the amaranth flour market.
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