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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.

 
   
 
 
 
  Is there profit in growing amaranth?? Click here to see how on average amaranth compares to other crops from a profit standpoint… amaranth is not only easy to grow but can also make a grower money !!
 
 
     
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