Title: Amaranth Oil Market - Global Trends & Forecast to 2019
1MarketsandMarkets Presents
- Amaranth Oil Market
- Global Trends Forecast to 2019
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2- The amaranth seed oil market is expected to grow
at a good CAGR of 11.9 over the next five years
to be worth 700.6 million by 2019.Europe
dominates the market due to the high demand for
amaranth seed oil in its various end use
industries. Although the European economy has
still not recovered from the Euro crisis, it is
expected to continue to lead this market,
followed by North America and Asia-Pacific. - The factors that drive the growth in amaranth
seed oil market include the beneficial properties
of amaranth oil such as high squalene content,
high nutrition value, its skin identical nature,
and temperature versatility. The factors that
prove to be a hindrance in the growth of the
market are high cost of production, minimal to
nil governmental support, and lack of raw
material availability.
3-
- http//www.marketsandmarkets.com/Market-Reports/am
aranth-oil-market-173447497.html - Amaranth seed oil has squalene that imparts
anti-aging, anti-inflammatory, and anti-oxidation
properties apart from being a natural skin
identical chemical that is readily absorbed by
the skin. These properties have found many
applications for amaranth seed oil in cosmetics
and personal care industry. The increase in
demand for cosmetic and personal care products
made from natural ingredients has further
increased the demand for amaranth oil from this
industry.
4- The amaranth seed oil market is anticipated to
increase at a healthy rate annually, to reach
700.6 million, by 2019. It is primarily used in
cosmetic personal care, food supplements,
pharmaceuticals, and aroma (fragrance) industry.
The cosmetic personal care industry is growing
at a high rate, while the food supplement
industry is experiencing steady growth. The
report covers the amaranth seed oil market and
its trends that concern five regions, namely,
Europe, North America, Asia-Pacific, The Middle
East Africa, and Latin America and the major
countries in each region such as the U.S.,
Canada, Germany, France, Italy, China, India,
Korea, and others.
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