Amaranth Oil Market Projected to Reach USD 2002.11 Million by 2032 | Rising Demand for Natural and Functional Ingredients Driving Growth

By GlobeNewswire On Mar 7, 2025

The amaranth oil market is witnessing substantial growth, driven by increasing consumer preference for natural and functional ingredients in cosmetics, pharmaceuticals, and food applications.

Austin, March 07, 2025 (GLOBE NEWSWIRE) — The SNS Insider report indicates that, “The amaranth oil market is projected to reach a valuation of USD 2002.11 Million by 2032, expanding at a compound annual growth rate (CAGR) of 11.21% from 2024 to 2032.”

Amaranth oil possesses high squalene, anti-inflammatory properties, and its ability to improve cardiovascular health are some of the factors that have resulted in increasing awareness regarding its health benefits among end users leading to growth in the market. Additionally, recent trends of using plant-based ingredients across the food and beverage industry along with an increased consumer interest towards organic and sustainable products contribute towards the market growth. With its great moisturizing and anti-aging properties, amaranth oil is increasingly used in skincare & personal care products. Personal care brands are introducing amaranth oil into their product portfolios, driven by consumers increasingly looking for plant-based, cruelty-free formulations. Moreover, the pharmaceutical industry is researching its use in other disease area, including cholesterol management, joint health, and the immune system, among others, adding to the demand. Furthermore, the amaranth oil market is likely to be highly influenced by to increasing need of natural bioactive components promoted by regulatory bodies across the globe.

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Key Players:

Amaranth Bio Company (Amaranth Seed Oil, Amaranth Squalene Oil)
Proderna Biotech (Refined Amaranth Oil, Cold-Pressed Amaranth Oil)
Flavex Naturextrakte GmbH (CO2-Extracted Amaranth Oil, Organic Amaranth Oil)
Rusoliva Pvt. Ltd. (Pure Amaranth Oil, Cosmetic-Grade Amaranth Oil)
Sash Industries (Amaranth Carrier Oil, Natural Amaranth Oil)
Nans Products (Edible Amaranth Oil, Amaranth Extract)
Ashahi Chemical (Pharmaceutical-Grade Amaranth Oil, Squalene-Enriched Amaranth Oil)
D.K. Mass S.R.O. (Virgin Amaranth Oil, Squalene-Rich Amaranth Oil)
Nature Fuel Nordic (High-Purity Amaranth Oil, Amaranth Oil Capsules)
Shyam Industries (Cold-Pressed Amaranth Oil, Essential Amaranth Oil)
Ekologie Forte Pvt. Ltd. (Organic Amaranth Oil, Extra Virgin Amaranth Oil)
Nuvaria Ingredients (Food-Grade Amaranth Oil, Cosmetic-Grade Amaranth Oil)
AltaCare Laboratoires (Amaranth Oil for Skincare, Nutraceutical Amaranth Oil)
Greenfield USA Inc. (Refined Amaranth Oil, Amaranth Oil Concentrate)
Henry Lamotte Oils GmbH (Premium Amaranth Oil, Amaranth Oil for Pharmaceuticals)
Oilseed International Ltd. (Cold-Processed Amaranth Oil, Amaranth Oil Extract)
Erbacher Food Intelligence (Functional Amaranth Oil, Amaranth-Based Supplements)
Swanson Health Products (Amaranth Oil Softgels, Amaranth Oil for Dietary Supplements)
Unicorn Ingredients Ltd. (Organic Amaranth Oil, Sustainable Amaranth Oil)
Croda International Plc (Cosmetic Amaranth Oil, Amaranth-Based Emollients)

Amaranth Oil Market Report Scope:

Report Attributes	Details
Market Size in 2023	USD 769.43 Million
Market Size by 2032	USD 2002.11 Million
CAGR	CAGR of 11.21% From 2024 to 2032
Base Year	2023
Forecast Period	2024-2032
Historical Data	2020-2022
Report Scope & Coverage	Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments	•By Extraction (Supercritical Fluid CO2 Extraction Process, Cold Pressing Process, Organic Solvent (Hexane) Extraction Process, Others), •By Application (Cosmetics & Personal Care, Food Supplements, Pharmaceuticals, Aroma, Others)
Key Drivers	• Growing demand for functional foods incorporating amaranth oil which drives market growth.

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Which Region Leads the Amaranth Oil Market Growth?

Europe held the largest market share around 42% in 2023. This is due to the high consumption of natural and organic ingredients due to the high demand from the consumers in the region and also, the high demand for amaranth oil from the cosmetics personal care, and food supplement sector. With the increasing consumption of clean-label products and sustainable sourcing in European countries, manufacturers have capitalized on high-purity amaranth oil. The presence of a robust regulatory framework in the region, coupled with stress on stricter quality standards, also augments innovations and ensures product safety. In addition, massive investment in research and development and government adoption of sustainable agriculture have strengthened supply chain fortification and enhanced production capacity. These combined factors are responsible for Europe taking the first spot in the global amaranth oil market.

Market Segmentation

By Extraction Process

Cold pressing process dominated the market, accounting for approximately 40% of the total share in 2023. This method of extraction preserves the oil’s bioactive compounds, including high squalene content, making it highly preferred for cosmetics, pharmaceuticals, and nutraceutical applications. Cold-pressed amaranth oil is widely utilized in anti-aging skincare products due to its superior antioxidant properties, which help reduce wrinkles and improve skin hydration. The growing preference for chemical-free and minimally processed oils in the personal care and health industries is supporting the dominance of this segment.

By Application

Personal Care & Cosmetics emerged as the dominant application segment in 2023, capturing nearly 32% of the market share. Amaranth oil is extensively used in skincare products, haircare formulations, and anti-aging creams due to its high squalene and omega fatty acid content. The rising demand for natural, organic, and plant-based beauty products has propelled its adoption in premium skincare brands. Additionally, increasing consumer awareness of the harmful effects of synthetic ingredients has led to a surge in demand for natural alternatives, further driving the market.

The food and beverage segment is also witnessing rapid growth as amaranth oil is being increasingly used as a nutritional supplement and cooking oil. Its high omega-3 content and cholesterol-lowering properties make it a preferred choice among health-conscious consumers. Furthermore, the pharmaceutical industry is incorporating amaranth oil into medicinal formulations aimed at improving cardiovascular health and immune function.

Recent Developments

In 2023, Nature’s Aid launched a premium line of cold-pressed amaranth oil skincare products, emphasizing sustainable sourcing and high squalene content to enhance skin hydration and elasticity.
In 2023, ProTec Botanica introduced a new food-grade amaranth oil variant, targeting the functional food and dietary supplement industry, aimed at improving cardiovascular health and immune system support.
In 2023, Croda International announced a research initiative on amaranth oil’s bioactive potential, exploring its applications in pharmaceutical and nutraceutical formulations for chronic disease management.

Table of Contents – Major Key Points

1. Introduction

2. Executive Summary

3. Research Methodology

4. Market Dynamics Impact Analysis

5. Statistical Insights and Trends Reporting

6. Competitive Landscape

7. Amaranth Oil Market Segmentation, By Extraction Process

8. Amaranth Oil Market Segmentation, by Application

9. Regional Analysis

10. Company Profiles

11. Use Cases and Best Practice

12. Conclusion

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