Amaranth and amaranth-based
products can reach many different markets due
to its high nutritional value, ease of use in
cooking/baking and great taste !! Two of the major
markets that amaranth products are penetrating
currently are:
Market #1: The Gluten-Free/Medical
Needs Consumer Market
Quick Stats on this Market:
• The functional foods market in the US
reached 18.5 billion in 2001 and is expected to
grow 15-20% annually through 2004.
• The estimated current and potential reach
to consumers who would benefit from amaranth products
is over 49 million people – based on national
figures of people who are estimated to have such
illnesses as Celiac Disease, Autism, Food Allergies,
Diabetes and MS.
Market #2: The Self-Selecting
Health Conscious Consumer
Quick Stats on this Market:
• Retail organic sales reached 8.5 billion
in 2002 – up from 1.0 billion in 1990 and
represents just over 1% of all US food sales.
Organic market growth is forecasted at 12 –
18% annually from 2002 – 2010.
• The vegetarian food market is estimated
to be 1.25 billion in 2001 and is projected to
grow at 100 – 125% over the next five years.
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