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Monday, 3 April 2017

Global Food Certification Market: Increasing Consciousness for Importance of Quality-tested Food Drives Growth, reports TMR

The global food certification market showcases an increasing degree of competition, notes a recent market study by Transparency Market Research. The stringent verification process for foods to receive quality certification is leading to the higher adoption of certified foods for health considerations. This trend has forced food manufacturers to receive certification, thereby intensifying the competition in the global food certification market.

Dekra SE, AsureQuality Limited, SGS SA, Bureau Veritas, Underwriters Laboratories Inc., and Intertek Group plc are some of the prominent players in the global food certification market. Key players in the market are focused on mergers and acquisitions for strengthening their position in the market. Large companies are also making investments for new laboratories to enhance their technological capabilities to stay competitive in the market.
The global food certification market was valued at US$11.25 bn in 2015. The market is expected to reach a valuation of US$16.09 bn by 2021 displaying a CAGR of 5.3% between 2015 and 2021.

Presence of Large Educated Population Benefits Europe Food Certification Market

In terms of application, processed meat and poultry products, dairy products, organic food, beverages, and other packaged food are the segments of the market. Amongst these, the segment of other packaged food stood as the leading segment accounting for a share of 23.4% in the global market in 2014. Increasing adoption of branded foods and rising awareness about the importance of food safety certification are the major factors fuelling growth of the other packaged food application segment. Processed meat and poultry products and dairy products are also expected to emerge as significant application segments of the food certification market.

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Beverages is expected to emerge as a significant application segment in the forthcoming years. Quality certification on carbonated drinks provide a considerable degree of assurance to consumers regarding the health risks associated with these beverages.

Geography-wise, Europe stood as the leading regional market for food certification in 2014 followed by North America. High consciousness among consumers about the quality of food that they consume combined with the rising living standards are driving the food certification market in Europe. Moreover, the increasing inclination of consumers for health-benefitting foods is expected to hold promise for the regional market of Europe. France, the U.K., and Germany contribute significantly to the Europe food certification market due to a large educated population.

Asia Pacific is expected to display the fastest growth over the forecast period. The rising awareness about the importance of food certification among the urban population and the increasing purchasing power for branded foods is driving the growth of the food certification market in the region. The recent occurrences of food contamination that led to casualties and fatalities in large numbers have raised alertness among consumers about consuming certified foods.

High Cost to Receive International Certification Challenges Growth

The demand for food certification is being driven in response to the increasing demand for quality-tested and safe foods for health considerations. With changing lifestyle and increasing purchasing power in several parts of the world, consumers are spending generously on quality-tested foods for longer years of good health.

Despite strong demand for quality-tested foods, the high cost of obtaining international certifications has dissuaded some manufacturers to look at long term business profits. This is challenging the market’s growth.

The review presented is based on the findings of the Transparency Market Research report, titled “Food Certification Market (Type - International Organization for Standardization, International Food Standard (IFS), Safe Quality Food (SQF), British Retail Consortium (BRC) standard, Kosher Certification, Halal Certification, Food Safety and Standards Authority of India (FSSAI), China Food and Drug Administration (CFDA), U.S. Department of Agriculture (USDA), U.S. Food and Drug Administration (FDA), European Food Safety Authority (EFSA), Ministry of Food and Drug Safety (MFDS); Application - Processed Meat and Poultry Products, Dairy Products, Infant Food Products, Organic Food, Beverages, Other Packaged Food) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2021.”

The global food certification market is segmented as follows:

Global Food Certification Market, by Type:

  • International Organization for Standardization
  • International Food Standard (IFS)
  • Safe Quality Food (SQF)
  • British Retail Consortium (BRC) standard
  • Kosher Certification
  • Halal Certification
  • Food Safety and Standards Authority of India (FSSAI)
  • China Food and Drug Administration (CFDA)
  • S. Department of Agriculture (USDA)
  • S. Food and Drug Administration (FDA)
  • European Food Safety Authority (EFSA)
  • Ministry of Food and Drug Safety (MFDS)
  • Others

Global Food Certification Market, by Application:
  • Processed Meat and Poultry Products
  • Dairy Products
  • Infant Food Products
  • Organic Food
  • Beverages
  • Others Packaged Food

Global Food Certification Market, by Geography:
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Global Seasonings and Spices Market: Asia Pacific as Cream Regional Market Boasting Larger Production and Export, finds TMR

The global seasonings and spices market may continue with its highly fragmented nature with six renowned companies accounting for a small share in the past. With India making headway as one of the largest producers and exporters of spices, players such as Everest Spices and Haldiram could make their presence known in the global market. Vendors in India may focus on spices such as black pepper, chili, and red pepper as these are largely exported to the U.S. and also to European countries. However, amongst the international players, McCormick had showcased dominance in the market by accounting for a leading share.

The global seasonings and spices market has been prognosticated to rake in a handsome revenue of US$16.6 bn by 2019 from US$14.4 bn in 2016. Asia Pacific could be a faster growing geographical segment due to changing demographics and heavy expenditure of food items. However, the analysts have anticipated the market to face a neck and neck competition with Europe, which could secure a larger share of 34.4% by the concluding year of the forecast period. The scenario of close competitions could also extend to the products parameter where salt and salt substitutes have been predicted to pip peppers for the first place with a 28.5% share in 2019.
Novel Tastes and Medicinal Benefits Proliferate Demand to Different Countries

The authors of the report foresee globalization as a critical phenomenon that brings people from different countries close to each other, allowing them to share their culture and ethnic cuisines. As a result, new tastes could attract a large number of consumers in the global seasonings and spices market.

The average expenditure on food products has been prophesied to increase with the elevating disposable income of consumers who tend to experiment with new tastes and get allured to new cuisines such as Mexican and continental.


Globalization has had a promising impact on the food habits in Asian countries such as India which is becoming increasingly influenced by western spices offerings varied aromas and flavors. The analysts have foretold this factor to positively affect the growth of the world seasonings and spices market.

The demand in the global seasonings and spices market has also been expected to surge with the growing size of worldwide population turning their focus to eco-friendly, organic, and healthy lifestyle. As more number of people become aware about the medicinal benefits of spices, countries in the West have been registering patents for various plants required during the preparation of different seasonings and spices.

Government Policies Better for Public but Challenging for Manufacturers

Certain government regulations penned down for the betterment of populations could negatively impact the international seasonings and spices market. If there is an increase in the domestic population of a country, the government can impose a scale down in exportable surplus. Besides this, vendors have been researched to find it difficult to maintain the quality standards in different nations due to their differing government policies. The supply of seasonings and spices could suffer because of the inefficiency of the logistics partners of vendors operating in major regions and the unpredictable climatic conditions.

Howbeit, online marketing campaigns conducted using the platforms of digital advertising and social media have been forecasted to help manufacturers build their brand identity in the minds of consumers. More opportunities could take birth in the global seasonings and spices market as the organic segment witnesses a strong increase in the coming years. The awareness about healthy diets among consumers has been projected to help the market grow at a telling level.

The study presented here is based on a report by TMR, titled “Seasonings and Spices Market (Product - Pepper, Salt and Salt Substitutes, Spices, and Herbs) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019.”

The global seasonings and spices market has been segmented as presented below:

Global Seasonings and Spices Market: Segmentation by Product
  • Pepper
  • Salt and Salt Substitutes
  • Spices
  • Herbs

Key Drivers for Fermented Beverages Market to Ensure Healthy Growth

Fermented beverages are the drinks made up by fermentation of fruits, vegetables, grains, and other products such as milk, palm, honey, sugar, etc. Fermented beverages are of two types as alcoholic and non-alcoholic. Alcoholic beverages includes wine, tiswin, tapache, sake, palm wine, icarinne liquor, cider, chicha, and beer whereas, non-alcoholic includes tea, dairy products such as milk and milk products, honey, palm, Arenga pinnata, Borassus flabellifer, and Coconut. The global fermented beverages market is expected to grow at significant rate in near future, attributed to growing beverages industry and increasing demand for natural fermented products. Asia-Pacific except Japan has substantial growth in the global fermented beverages market, owing to rapidly growing population in countries such as China and India.

Global Fermented Beverages Market Segmentation:

The global fermented beverages market is segmented on the basis of raw material, product type, and region. Based on raw material, the global fermented beverages market segmented as grains, fruits, dairy, tea, vegetables, and others. Amongst raw material segment, fruits & dairy segments are expected to contribute for major revenue share and expected to expand at a significant growth rate in near future, followed by fermented tea beverages. On the basis of product type, the global fermented beverages market is segmented as alcoholic beverages and non-alcoholic beverages. The alcoholic beverages segment possess significant market shares. Whereas, non-alcoholic beverages segment is expected to gain substantial growth in near future, owing to increasing number of health conscious consumers globally and consumers move towards adoption of healthy lifestyle, through consumption of natural sources based non alcoholic drinks.

Global Fermented Beverages Market Dynamics:

Growth of the global fermented beverages market is driven by growing demand for alcoholic beverages, increasing awareness about advantages of fermented products, and increasing number of health conscious consumers demanding natural source based alcoholic and non-alcoholic fermented drinks. Changing consumer lifestyle, increasing per capita income, rapidly developing economy, employment rate, and rapid rate of urbanization are the macroeconomic factors driving the global fermented beverages market growth. Growing beverages and pharmaceuticals industry are factors expected to slightly contributing the growth of the global fermented beverages market. Some of the factors trending the global fermented beverages market includes, growing technological advancement in the production process of fermented products, high investment in the food & beverages industry, and mergers & acquisitions between the supply chain members and manufacturers of fermented beverages. The companies operating in the fermented beverages market have significantly higher opportunity in Asia-Pacific attributed to the rapid growth of economy and population across the regions.

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Increasing losses to vegetables and fruit growers due to issues related with transportation and storage as well as continues market price fluctuations, are other factors attracting fruits and vegetable processors to invest in fermentation machinery and manufacture fruits and vegetable based fermented beverages products.

Global Fermented Beverages Market Regional Outlook:

Based on the geographies, global fermented beverages market is segmented into five regions; North America, Latin America, Europe, Asia-Pacific and Japan, and Middle East & Africa. Among regional segments, North America and Europe accounts for the major share of the global fermented beverages market with substantial growth rate, owing to high demand for alcoholic beverages across the regions. Asia-Pacific is expected to expand at a significant growth rate in near future, attributed to rapidly growing population and changing consumer lifestyle across the region. Overall, the outlook for the global fermented beverages market will have a positive growth over the forecast period, considering high demand for alcoholic beverages by consumers being counterfeiting factors.

Global Fermented Beverages Market Player:

Looking at growing market for fermented non-alcoholic and alcoholic beverages various existing players are launching new products as well as new players are entering into the market. Few players in the global fermented beverages market include Dohler, Fruit Ingredients, Sula Wines, Puna Noni Naturals, Caldwell etc.

Gluten Free Malt Extracts Market Sees a Steady Growth Ahead

Gluten free malt extracts are extracted from grains which do not contain gluten. Few of these grains are millet, buckwheat, rice, sorghum etc. Gluten free malt extracts also enhance flavor in gluten free malt products. Manufacturers can use the term “gluten free” only if they comply with the gluten free rule of FDA. They can label their products as “gluten free” when the product contains gluten less than 20 ppm i.e. 20 parts per million. A common occurring protein in most of the grains like barley, oats, rye is gluten. The increase in the number of digestive disorders and autoimmune disorders like Celiac disease, gluten insensitivity created the need for gluten free products. Gluten free malt extracts are prepared by using amylase enzymes which help in the conversion of starch into sugar, which is further fermented by brewing of the yeast.


Gluten Free Malt Extract: Market Dynamics

The products with gluten free malt extracts are consumed in order to reduce the risk of Celiac disease. There is increase in the number of Celiac disease patients around the globe especially in US. Many people in the developed countries have started brewing malt at home in order to ensure that the malt is actually gluten free. The reason behind this is intolerance to gluten intake. People are either themselves suffering from Celiac disease or their dear ones are suffering which compels them to brew at home. This in future can jeopardize the business of companies brewing for commercial purposes. Malt is one of the major ingredients for preparation of beer. The yearly consumption of beers in USA is in gallons. The use of gluten free malt extract for the preparation of beer is a prerequisite for health of the people who consume beer frequently.

Some companies develop their own gluten free malt extract and use it for the preparation of its final product. Maintaining quality standards from the point of growing or sourcing raw materials till the time of production and sale of final product is one of their marketing strategy. There are also supermarkets in cosmopolitan cities such as Tokyo which keep a wide range of gluten free products only in one super market.

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Gluten Free Malt Extracts: Market Segmentation

On the basis of application:
  • Foods
  • Beverage
  • Nutraceuticals
  • Cosmetic

Gluten free malt extracts are used in the production of bakery and confectionary items. Hamburger buns, pizza crust, tortillas, white bread, sandwich bread, bread concentrates etc. can be prepared from gluten free malt extracts. Ready to eat and instant oats, soups, pizza wraps, pocket sandwiches can also be prepared using gluten free malt extracts. It can also help in producing baking flour and multi-purpose flour. It is also used as an ingredient in pastries, cupcakes, pan cakes, cheese cakes, muffins, cookies etc. Vinegar is also made from gluten free malt extracts. Gluten free malt extracts are used in the brewing of beer and other alcoholic beverages. They are also used in preparing tea and coffee powder. Syrups used to in breweries are also made from gluten free malt extracts. Port, spirits, sherry, wine, cider, sodas, cordials, flavored water and fruit juices are other beverages prepared from gluten free malt extracts as a major ingredient. Gluten free malt extracts are used for preparing protein powders and energy drinks. Some cosmetics are also prepared from gluten free malt extracts. Cosmetics which contain gluten can cause dermatitis herpetiformis in humans.

On the basis of physical state:
  • Powder
  • Liquid

On the basis of grain:
  • Millet
  • Buckwheat
  • Rice
  • Sorghum
  • Corn

Gluten Free Malt Extracts: Regional Overview

The demand for gluten free products is significant in North America as compared to the demand of gluten free products in APAC countries. Around 1 % of the population of USA is suffering from Celiac disease and the number is expected to rise only in the coming years instead of increasing. Different countries have different criteria of labelling a product as gluten free. In some European countries products less than 100ppm are labelled as gluten free whereas in North America it should be less than 20ppm. This difference in labeling is an obstacle in foreign trade i.e. import and export of gluten free malt products from one country to another.

Gluten Free Malt Extracts Market Players are as follows EDME Limited Company, Senson, Briess Malt & Ingredients, General Mills, Colorado Malting Company, Canyon Bakehouse.

Strategies Major Players are Adopting in Nut Ingredients Market

Nuts are type of oily kernels which is present within a shell of the fruit and is used in various food products worldwide. Mostly seeds are taken from various fruits that are not present in the shell of the fruit such as hazelnuts, chestnuts, and others, that has hard shell walls and are originated from compound ovary of the fruit. Nut ingredients are comprised of nuts such as hazelnut, almond, cashew, walnuts, pecans, peanuts,Pine nuts, soy nuts, sunflower nuts, and others. The global nut ingredients market is expected to raise at a CAGR of 5.3%. Nuts ingredients are very useful in product formulations, and hence they are considered a preferred choice for food manufacturers. Nut ingredients provides an important source of nutrients to consumers as they offer both taste and impart health benefits to consumers. Many manufacturers are offering new product innovations with almonds along with all other food introductions with nuts such as cashew nut, peanuts, hazelnuts, and walnuts. The food categories in which nut ingredients are used includes bakery products, snacks & bars, beverages, cereals, confectioneries, desserts, and dairy products.

Global Nut Ingredients: Market Segmentation

The global nut ingredients market is segmented on the basis of type, application, form and region. The nut ingredients market is segmented on the basis of type such as hazelnut, walnut, almond, peanut, pecan, soy nut, and others. The global nut ingredients market is segmented on the basis of form type in which nut ingredients are available in roasted form and unroasted form. Manufacturers are offering various nut-based products in roasted form, which is seen as a growing trend in the global nut ingredients market. The global nut ingredients market is segmented on the basis of application in which nuts are used in various food products such as snacks which includes extruded snacks, crisps, tortillas and others. The other applications include confectioneries, dairy products, bars, cereals, and others. Hence, the global nut ingredients market is expected to significantly increase the revenue contribution over the forecast period.

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Global Nut Ingredients Market: Regional Outlook

Geographically, the global nut ingredients industry can be divided by major regions which include North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Globally, among all regions, North America has developed as the dominant region in global nut ingredients market followed by Europe and Asia Pacific. India and China are witnessed as emerging markets in the global nut ingredients over the forecast period. Increasing snacking and confectionery industry and demand for convenient and on-go-option snack foods, has strengthened the growth of global nut ingredients market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.

Global Nut Ingredients Market: Growth Drivers

The global nut ingredients market driving factors are increasing demand for ready-to-eat snack foods coupled with convenience of foods. Increasing opportunities in snacks and confectionery industry is also another factor in driving the nut ingredients market along with rising number of varieties and flavors in nut ingredients snacks with introduction of variety of nuts such as walnut, almond, peanut, hazelnut, pecan and others. Manufacturers are focusing on providing healthier product offerings. Growing focus on preventive health care and launching of healthier products with variety of nut ingredients is the major driving factor of the global nut ingredients market. Hence, the global nut ingredients market is expected to observe robust growth over the forecast period.

Global Nut Ingredients Market: Key Players

Some of the key players identified across the value chain of the global nut ingredients market include Kanegrade Limited, Archer Daniels Midland Company, Bredabest, Olam International, Terri Lynn, Inc., H.B.S. Foods Ltd., CACHE CREEK FOODS, ROYAL NUT COMPANY, Helios Ingredients, Bergin Friut and Nut Company, Wenders, and The Hershey Company. The companies are expected to expand their business by enhancing their product portfolio in global nut ingredients market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global nut ingredients market till 2025.

Sunday, 2 April 2017

Weight Management Pet Food Market Growing at a Healthy Rate

Weight management is a regulatory procedure which is tough for both: a two-legged and a four-legged. Malnutrition and obesity are the two issues which are the resultants of a pet owner not being properly educated about the proper canine nutrition. Susceptibility to diseases, hair loss, dry skin, dandruff, poor eyesight, weak bones, and teeth, as well as the risk of developing arthritis, are some of the numerous symptoms of malnutrition in pets. On the other hand, developing respiratory and heart disease, osteoarthritis, type 2 diabetes, high blood pressure and many forms of cancers – especially intra-abdominal are the common disorders experienced by an obese two-legged. The weight of pets is regulated by the standardization of calorie intake. The amount of calorie that your pet requires depend on two factors namely the activity level and weight. Active pets require more energy. Furthermore, lactating pets naturally need more energy to produce milk. The weight of the pet also relates to its body size and a large body would need more energy than a smaller one.


Segmentation

The global weight management food market can be segmented on the basis of the following:-

  • On the basis of pet type: dogs and cats
  • On the basis of food form: dry, frozen, raw, treats and wet.
  • On the basis of the additional special diets: GMO-free, gluten-free, grain-free, high-protein, indoor, low glycemic, low-protein, no corn no wheat no soy, prescription food, sensitive digestion, vegetarian and weight control.
  • On the basis of life stage: adult, all stages kitten, puppy and senior.
  • On the basis of breed size: all breeds, extra small, giant, large, medium and small.
  • On the basis of packaging: cans, pouches, paper bags and trays.
  • The distribution channel: internet market, hypermarkets, supermarkets, retail shops, exclusive pet shops and others. The internet market is the most potential of them all as the buyers present there is already looking for something special for their pets.

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Global Market Drivers and Drivers

Controlling the weight of the pets and to deal with the issues associated with it has been the prime focus of the pet owners for a long time now which in turn has turned the market for pet foods in terms of volume to be huge and spreading all over the globe. Weight management pet food market is anticipated to rise primly because of the modern-day aware population which demand for healthy food for their pets. Also, introduction of e-commerce web sites, exclusively for the pet care products have given the small players to showcase their weight management products globally.

This has created a global demand for weight management pet foods products. Humanization of pet foods have created a buzz in last few years. Brands have put in a lot of options other than the conventional pet foods like no added preservatives or 100% natural. Brands are putting more efforts to manufacture pet foods which has an adequate conglomeration of all the essential nutrients including complex carbohydrates, proteins and added L-carnitine to help the body burn more fat and sustain lean muscle mass. Continuous efforts have also been made to change the trend of packaging of the pet food products so as to support the brand identity and mainly backed by the idea of majority equating the brand product quality with its packaging quality.

Regional Outlook

E-commerce accounts for a large chunk in the sale of weight management pet food market. Northern America and Europe at present are the principal producers as well as consumers. Asia-Pacific & Japan are the next big consumers of weight management pet food market. High growth in the Asia Pacific region in terms of weight management pet food market can be attributed to the strong demand from emerging economies such as China and India.

Key Players

The major players who are driving the weight management pet food market are Fromm Family Foods LLC, Hill’s Pet Nutrition, Inc, The Nutro Comapany, Purina ( a part of Nestle group) ,THENAKEDDOG, Dr Tim’s Pet Food Company, Blue Buffalo Co.Ltd, Precise Pet Products and others.

Amaranth Seed Oil Market Spicing Up due to Changing Lifestyles and Increasing Demand

Amaranth seed oil extracted from seeds of two species known as A. cruentus and A. hypochondriacus. Amaranth seed oil is light colored, clear liquid with agreeable aroma and taste and an excellent source of fatty acids. Amaranth seed oil is a rich source of squalene which helps in improving biological functions of a body such as storing energy, signaling, and acting as structural components of cell membranes. Amaranth seed oil have application in food industry, cosmetic industry, and pharmaceutical industry etc, thus increasing market demand from various industrial applications. Central America is considered to be birthplace of the amaranth. Amaranth seed oil is used as an antidepressant, anti-inflammatory, anti-fungal, analgesic and anti-bacterial in cosmetics as well as in medical industry. Amaranth seed oil has multiple health benefits such as it helps in bone development, improve digestive health, improves vision, helps in hair health etc.

Market Segmentation: Amaranth Seed Oil

The amaranth seed oil market is segmented on the basis of its application in various industries such as food industry, cosmetic industry, pharmaceutical industry etc. As a rich source of protein, vitamins amaranth oil it is used in food supplement in foodstuffs. Amaranth seed oil is also used as animal feed additive and for high nutrition for farm animals. In cosmetics industry, amaranth seed oil as a source of antioxidant is used as lotion or topical for its anti-aging, reducing fine lines and wrinkles etc. properties. In pharmaceutical industry, amaranth seed oil is use in formulation of pharmaceutical compositions beneficial for cell rejuvenation, improve immune system etc. Thus the growth of the application segments and increasing demand for natural oils is factor driving growth of the amaranth seed oil market globally.

The amaranth seed oil market is segmented on the basis of extraction type as supercritical fluid extraction, cold pressed extraction, organic solvent extraction etc. In supercritical fluid extraction, amaranth seed oil is extracted using supercritical carbon dioxide instead of organic solvent. In cold pressed extraction, amaranth seed oil is extracted by crushing amaranth seeds and forcing out the oil. In organic solvent extraction, amaranth seed oil is extracted using organic solvents such as toluene, benzene, xylene etc. Supercritical fluid extraction and cold pressed extraction are the majorly used extraction methods in globally to obtain pure amaranth seed oil which is demanded in the market.

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Global Amaranth Seed Oil Market: Regional Outlook

Depending on geographic regions global amaranth seed oil market is segmented into five key regions: North America, Latin America, Europe, Middle East and Africa and Asia Pacific. Central America is the birthplace of amaranth seed. Amaranth seed is traced in countries such as Mexico, Africa, India, Russia, South America, China, North America etc. As a result of increasing demand for amaranth seed oil in cosmetic and pharmaceutical markets, Europe is the considered as a major consumer market for amaranth seed oil in near future. North America market is expected to grow with highest CAGR over the forecast period in global amaranth seed oil market due to its application in dietary supplements.

Global Amaranth Seed Oil Market: Drivers and Trends

Application of amaranth seed oil in industries such as food industry, cosmetic industry, pharmaceutical industry etc. is driving the growth of amaranth seed oil market globally. Use of organic products in cosmetic industry is increasing its demand, in turn growing demand for organic amaranth seed oil- based products in global market. Increasing demand for natural cosmetics as well as natural pharmaceutical products is a major factor expected to drive market growth over the forecast period. Amaranth seed oil has multiple health benefits such as it helps in bone development, improves digestive health, improves cardiovascular health, improves vision etc. which is driving market demand. Amaranth seed oil also helps in weight loss when used in diet which makes it popular in health conscious consumers’ in turn fueling market demand. Antidepressant, anti-inflammatory, anti-fungal, analgesic and anti-bacterial properties of amaranth seed oil in cosmetics and pharmaceuticals are the major factors drivers for growing demand of amaranth seed oil in global market.

Global Amaranth Seed Oil: Key Players

The global amaranth seed oil market is fragmented with various key players. Some of the key players identified across the value chain of the global amaranth seed oil market include AMR Amaranth a.s., Erbology, Proderna Biotech Pvt. Ltd., FLAVEX Naturextrakte GmbH, BCG Baden-Baden Cosmetics Group GmbH etc. Considering at the increasing demand from global markets various new entries are expected in the amaranth seed oil market at regional as well as global level.