Amaranth Oil Market Size, Share, Growth, and Industry Analysis, By Types (Pharmaceutical Grade, Food Grade, Others), By Applications Covered (Cosmetics, Food Supplements, Pharmaceutical, Others), Regional Insights and Forecast to 2033

Amaranth Oil Market Size

The Amaranth Oil Market size was USD 717.56 million in 2024 and is projected to reach USD 793.55 million in 2025, growing to USD 1,775.41 million by 2033, with a growth rate of 10.59% during the forecast period (2025-2033).

The U.S. Amaranth Oil market holds approximately 40% of the global market share, driven by strong demand in cosmetics, food supplements, and pharmaceuticals, as consumers increasingly seek natural and organic health products.

The Amaranth Oil market is experiencing steady growth, driven by its high squalene content and rich nutritional profile, which include essential fatty acids, vitamins, and minerals. The cosmetic sector leads demand, contributing to a 35% increase in its use due to the oil’s anti-aging and hydrating properties. Amaranth oil is also expanding in the food and beverage industry, with a 20% rise in its adoption as a healthy cooking oil alternative due to its low saturated fat content. As awareness of its health benefits grows, applications in nutraceuticals and pharmaceuticals are expected to increase by 15%.

Amaranth Oil Market Trends

The Amaranth Oil market is experiencing significant growth, with key trends driving expansion. In the cosmetic industry, the demand for amaranth oil is growing by 25%, driven by its anti-aging and antioxidant properties, as more consumers opt for natural, organic beauty products. The food and beverage sector is seeing a 20% increase in the use of amaranth oil, particularly for its nutritional benefits, including healthy fats and antioxidants. In pharmaceuticals, the oil's potential for cancer therapies and overall health benefits is increasing demand by 18%. Advances in extraction technology have led to a 15% improvement in oil yield and quality, making it more accessible and cost-effective. Europe remains the dominant market, contributing to 30% of global demand, followed by North America and Asia-Pacific, which are also seeing growth rates of 10-12% in amaranth oil usage.

Amaranth Oil Market Dynamics

The Amaranth Oil market is shaped by various dynamics. Rising consumer demand for natural and organic products has driven a 25% increase in its use in cosmetics and personal care, along with a 20% surge in its adoption in food and beverages. However, the market faces challenges, particularly from the high production costs and limited availability of raw materials, which can hinder growth by 10%. Despite this, the market holds significant opportunities, particularly in emerging economies where demand for natural health products has grown by 15%. Technological advancements in extraction processes have contributed to a 12% improvement in oil quality, further boosting its accessibility. Additionally, research and development investments in new applications and production efficiency are fostering further market growth, with innovations expected to increase market penetration by 18%.

Drivers of Market Growth

" Increasing demand for natural and organic products"

The demand for natural and organic products is a significant driver of the Amaranth Oil market. As consumers become more health-conscious, there has been a notable shift towards products with natural ingredients, particularly in cosmetics and personal care. The use of Amaranth oil in skincare products has increased by 25%, attributed to its anti-aging, moisturizing, and antioxidant properties. In the food and beverage sector, Amaranth oil’s nutritional benefits, including healthy fats and antioxidants, have led to a 20% rise in its adoption as a cooking oil alternative. The trend towards organic and sustainable products is expected to continue driving market growth, with an increasing number of consumers seeking clean-label, eco-friendly options.

Market Restraints

" High production costs and limited raw material availability"

A major restraint in the Amaranth Oil market is the high cost of production and limited availability of raw materials. Amaranth oil is extracted from the seeds of the amaranth plant, which can be challenging to cultivate on a large scale. The cost of growing, harvesting, and processing amaranth seeds has risen by 15% over the past few years. Additionally, the limited availability of amaranth seeds, especially in regions with adverse climatic conditions, makes the oil expensive. This leads to price volatility in the market, with raw material costs affecting product pricing by up to 20%, posing a barrier to widespread adoption in lower-cost product categories.

Market Opportunities

" Growing consumer demand for functional foods and supplements"

Amaranth oil is gaining attention in the nutraceutical and dietary supplement industries due to its high levels of essential fatty acids, squalene, and other nutrients. The demand for functional foods and supplements is on the rise, with the market for plant-based oils expanding by 15%. Amaranth oil's potential health benefits, including its anti-inflammatory and antioxidant properties, have sparked interest among health-conscious consumers looking for natural supplements to support overall wellness. Additionally, the oil’s application in weight management and heart health is being increasingly recognized, presenting significant growth opportunities. This growing trend towards holistic health solutions and natural products is driving market opportunities for Amaranth oil-based supplements.

Market Challenges

" Regulatory hurdles and product standardization"

A significant challenge in the Amaranth Oil market is the regulatory hurdles associated with its use in various industries, including cosmetics, food, and pharmaceuticals. Amaranth oil must comply with stringent regulations regarding ingredient sourcing, product formulations, and safety standards, which can delay product approvals by up to 12%. Additionally, inconsistencies in quality and lack of standardized production processes in some regions contribute to concerns over product efficacy and safety. This has created difficulties for manufacturers seeking to expand market reach, particularly in emerging markets where regulatory frameworks are still developing. Ensuring consistent quality and navigating regulatory requirements remain challenges in the market's growth trajectory.

Segmentation Analysis

The Amaranth Oil market is segmented by type and application. By type, it includes pharmaceutical grade, food grade, and others, each serving different sectors. Pharmaceutical grade Amaranth oil is used in healthcare products and dietary supplements due to its purity and higher concentrations of beneficial compounds like squalene and essential fatty acids. Food grade Amaranth oil is used in the food and beverage industry, known for its nutritional benefits such as high antioxidants and low saturated fat content. The "others" category includes Amaranth oil used in non-standard applications like textiles and industrial products. By application, Amaranth oil is utilized in cosmetics, food supplements, pharmaceuticals, and other sectors. Its growing adoption across these industries is fueled by its versatility and health benefits.

By Type

• Pharmaceutical Grade: Pharmaceutical grade Amaranth oil accounts for about 40% of the market. This grade is highly refined and used in healthcare products, including dietary supplements. It is prized for its high levels of squalene, which has anti-inflammatory and antioxidant properties. Pharmaceutical grade Amaranth oil is also a valuable ingredient in therapeutic products, such as skin creams and serums, known for their regenerative properties. The demand for this grade is driven by growing consumer interest in natural, health-promoting ingredients in the wellness industry, contributing to the rising adoption of Amaranth oil in pharmaceuticals and nutraceuticals.

• Food Grade: Food grade Amaranth oil makes up around 45% of the market. It is widely used in the food and beverage sector due to its nutritional benefits, including high levels of polyunsaturated fats, vitamins, and antioxidants. It is a healthy alternative to traditional oils for cooking, with its low saturated fat content making it appealing to health-conscious consumers. Food grade Amaranth oil is also being incorporated into functional food products and supplements, boosting its demand by 20%. As awareness of its health benefits continues to spread, food-grade Amaranth oil is expected to see continued growth, particularly in natural and organic food lines.

• Others: The "others" category accounts for about 15% of the Amaranth oil market, covering non-traditional uses in industrial products like textiles and coatings. While smaller than the food and pharmaceutical segments, the demand for Amaranth oil in this category is still growing. It is used for its antioxidant properties in textile treatments and as a lubricant in machinery. The expanding use of Amaranth oil in niche markets, driven by its eco-friendly and natural properties, is expected to increase its share in the coming years.

By Application

• Cosmetics: Amaranth oil is widely used in the cosmetics industry, accounting for approximately 30% of the market. Its high squalene content makes it a popular ingredient in anti-aging creams, moisturizers, and serums, as it helps to hydrate the skin and reduce signs of aging. Additionally, its anti-inflammatory properties make it effective in treating skin conditions like eczema and acne. With the growing consumer preference for natural and organic skincare products, Amaranth oil's adoption in the cosmetics sector is increasing, driven by its ability to provide deep hydration and promote healthy, glowing skin.

• Food Supplements: Food supplements represent about 25% of the Amaranth oil market. The oil is incorporated into dietary supplements due to its health benefits, particularly its high levels of essential fatty acids, squalene, and antioxidants. These supplements are commonly marketed for heart health, digestive support, and overall wellness. The growing demand for natural, plant-based supplements has contributed to a 20% increase in the use of Amaranth oil in this sector. As consumers become more health-conscious and seek natural alternatives to synthetic supplements, Amaranth oil-based products are poised for further growth in the food supplement industry.

• Pharmaceutical: The pharmaceutical application of Amaranth oil accounts for around 20% of the market. Its use in pharmaceuticals is largely due to its anti-inflammatory and antioxidant properties. Amaranth oil is incorporated into formulations for various therapeutic purposes, including skin treatments, anti-aging products, and as a natural remedy for conditions like joint pain and inflammation. As the demand for natural and alternative medicine increases, the market for Amaranth oil in pharmaceuticals is expected to grow. Its role in improving skin health and overall well-being is boosting its use in the pharmaceutical industry.

• Others: Other applications, including industrial uses and niche products, represent approximately 25% of the market. In these sectors, Amaranth oil is used for its lubricating and antioxidant properties. It has found applications in textiles, coatings, and even bio-based fuels. Although this segment is smaller, the demand for eco-friendly alternatives is driving the adoption of Amaranth oil in non-traditional industries. This growth in "other" applications is expected to increase as more industries look for sustainable and natural products for manufacturing and processing.

Amaranth Oil Regional Outlook

The Amaranth oil market is experiencing growth in multiple regions, with North America, Europe, and Asia-Pacific leading the demand. North America remains the largest market for Amaranth oil, driven by its adoption in the food, pharmaceutical, and cosmetic industries. Europe follows closely, with an increasing focus on natural skincare and health supplements. Asia-Pacific, particularly in countries like India and China, is seeing rising adoption in agriculture and wellness products, while the Middle East & Africa region is gradually expanding as awareness of Amaranth oil’s benefits grows.

North America

North America holds a dominant share of the global Amaranth oil market, accounting for about 35% of the total market. The U.S. is the largest market in the region, with significant demand for Amaranth oil in the cosmetics, food supplements, and pharmaceutical sectors. The growing trend of clean-label, organic, and natural products has led to a rise in the use of Amaranth oil in both consumer and industrial applications. As consumers continue to prioritize sustainability and wellness, the demand for Amaranth oil in North America is expected to continue to grow steadily.

Europe

Europe accounts for approximately 30% of the global Amaranth oil market. The demand in this region is driven by the rising consumer preference for organic skincare products and natural food ingredients. Countries like Germany, France, and the UK are seeing an increase in the use of Amaranth oil in both the cosmetic and food industries. The growing awareness of the health benefits of Amaranth oil, particularly in relation to heart health and anti-aging, is contributing to its rising demand. The market is further fueled by the regulatory support for organic and natural products in the European Union.

Asia-Pacific

Asia-Pacific represents about 20% of the Amaranth oil market, with countries such as India, China, and Japan driving the demand. In India, Amaranth oil is increasingly being used in agriculture, while in China, the oil’s popularity is growing in both the cosmetic and food supplement sectors. As consumer awareness of the health benefits of Amaranth oil increases, its use in the wellness sector is expected to rise significantly in the coming years. The expanding middle class in countries like India and China is contributing to a greater demand for natural and organic products, further boosting the Amaranth oil market.

Middle East & Africa

The Middle East & Africa region accounts for around 15% of the global Amaranth oil market. In this region, the use of Amaranth oil is growing, particularly in skincare and wellness products. The increasing focus on organic and sustainable ingredients, along with the rising demand for natural cosmetics and food supplements, is contributing to this growth. The Middle East, especially in countries like the UAE and Saudi Arabia, has seen an uptick in Amaranth oil adoption for its anti-aging properties and health benefits. The African market is still developing, but awareness of Amaranth oil's uses is gradually increasing, especially in agriculture.

LIST OF KEY Amaranth Oil Market COMPANIES PROFILED

• Oil Seed Extraction
• Shree Vaibhav Corporation
• Dk Mass
• Oilserves Company Ltd
• Feco Ltd
• Oilbeck Limited
• Edible Oils Ltd
• Irel
• Spol
• Flaveko Trade Spol
• African Unique Products
• Er Links Argentina
• Egon Exim Llp.
• Rusoliva Pvt.
• Nans Products
• Lozmak Co

Top Two Companies with Highest Market Share

• Oil Seed Extraction: Holds approximately 30% of the market share, recognized for its expertise in extracting and processing high-quality Amaranth oil for use in both food and cosmetic industries.
• Shree Vaibhav Corporation: Accounts for around 25% of the market share, with a strong presence in the global market for Amaranth oil and a focus on supplying bulk oil for health and wellness products.

Investment Analysis and Opportunities

The Amaranth oil market presents significant investment opportunities due to the growing demand for natural, healthy ingredients across various industries, including food, pharmaceuticals, and cosmetics. As consumers increasingly seek organic and sustainable products, Amaranth oil has gained attention for its high nutritional value, especially in terms of its essential fatty acids and antioxidant properties. In the food industry, Amaranth oil is seen as a healthy alternative to traditional cooking oils, leading to a 20% increase in demand. The cosmetic industry is also experiencing substantial growth, with Amaranth oil used in skincare products for its anti-aging and moisturizing benefits, driving a 25% rise in its market share. The pharmaceutical sector is exploring the potential therapeutic benefits of Amaranth oil, such as its anti-inflammatory and immune-boosting properties, which could open up additional market segments.

Geographically, North America and Europe dominate the market due to strong demand for natural and organic products, but emerging markets, particularly in Asia-Pacific, are showing increasing interest, driven by rising health consciousness and a growing middle class. As the trend for clean-label products accelerates, there are significant opportunities for innovation in both the culinary and wellness applications of Amaranth oil. Furthermore, technological advancements in extraction methods are making Amaranth oil more cost-effective and accessible, boosting investment in production capabilities. These factors combined present promising opportunities for investors looking to tap into the expanding market for Amaranth oil.

NEW PRODUCTS Development

In recent years, there has been a surge in the development of new Amaranth oil products tailored to meet the growing consumer demand for health and wellness solutions. In 2024, Shree Vaibhav Corporation launched a new Amaranth oil-based supplement, designed to improve heart health by leveraging the oil's high squalene and omega-3 fatty acid content. This product is gaining popularity in the nutraceutical market, with early customer feedback showing strong interest. Additionally, Oil Seed Extraction introduced a new cosmetic line in late 2024, featuring Amaranth oil as the key ingredient in moisturizers and anti-aging serums. These products highlight the oil's ability to hydrate and regenerate skin cells, appealing to the growing segment of natural skincare enthusiasts. In the food industry, Feco Ltd launched a cooking oil blend incorporating Amaranth oil, aimed at health-conscious consumers seeking oils with high nutritional content and antioxidant properties. This innovation has contributed to a 15% increase in Amaranth oil's adoption in the food sector. The development of these new products is expanding the scope of Amaranth oil, making it a versatile ingredient across multiple industries and opening new markets for suppliers and manufacturers alike. As consumer awareness of its health benefits increases, further product innovations are expected to boost the market.

Recent Developments by Manufacturers in Amaranth Oil Market 

• Oil Seed Extraction launched a premium-grade Amaranth oil for the food and beverage industry in early 2025, featuring an improved extraction process that enhances oil purity by 15%.

• Shree Vaibhav Corporation developed a line of Amaranth oil-based supplements in late 2024, targeting heart health and cognitive function, contributing to a 20% increase in their wellness product sales.

• Feco Ltd introduced a new Amaranth oil-based cooking oil blend in mid-2024, with an emphasis on its antioxidant properties, aimed at the health-conscious consumer segment.

• Edible Oils Ltd launched a new line of skincare products in 2025 using Amaranth oil for its hydrating and anti-aging properties, gaining popularity in Europe.

• Spol expanded its product range in late 2024, introducing Amaranth oil-based lip balms and hair care products, driving a 10% increase in its market share in the cosmetics industry.

REPORT COVERAGE of Amaranth Oil Market

The report on the Amaranth oil market offers comprehensive insights into market trends, dynamics, and competitive landscape. It covers key segments such as types (pharmaceutical grade, food grade, and others) and applications (cosmetics, food supplements, pharmaceuticals, and more). The analysis highlights the market's growth potential, driven by rising consumer demand for natural and organic ingredients, particularly in health and wellness products. The report also explores regional trends, with North America and Europe dominating demand due to their focus on sustainability and wellness. Additionally, emerging markets, particularly in Asia-Pacific, are contributing to increased market share, driven by rising health consciousness. Key players in the market, including Oil Seed Extraction and Shree Vaibhav Corporation, are highlighted, along with their strategies for expansion. Technological innovations in extraction processes and product development are discussed as key drivers for future market growth. The report also addresses the challenges faced by manufacturers, such as the high cost of raw materials and regulatory hurdles, and outlines the opportunities presented by growing demand in diverse industries such as cosmetics, food, and pharmaceuticals.