Egypt Amaranth Market Outlook (2018 to 2032)

Year Value
2018 0.11
2019 0.12
2020 0.13
2021 0.13
2022 0.14
2023 0.15
2024 0.16
2025 0.17
2026 0.18
2027 0.2
2028 0.21
2029 0.22
2030 0.24
2031 0.25
2032 0.27
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Egypt Amaranth Market Outlook (2018 to 2032)

Synopsis
The above chart is Egypt Amaranth Market Outlook (2018 to 2032)

Market Dynamics

egypt has a thriving amaranth market, and the forecast for the future is very promising. in 2018, egypt is the largest exporter of amaranth in the world with almost 70% of the global amaranth exports. the country's amaranth production is expected to grow by 4.5% annually from 2018 to 2032, with an increase in value of over 14%. the demand for egyptian amaranth is driven by an increase in demand from some of its key export markets, such as saudi arabia, kuwait, the united arab emirates, and qatar. in addition, egypt's favorable climate and domestic production costs make it a cost-effective source for amaranth. the growing health-conscious consumer trend is also helping to drive demand for the grain. in order to meet the growing demand, farmers and agricultural cooperatives are investing in technology and infrastructure improvements to improve yields. these improvements include utilizing cultivars with higher nutritional value, mechanization of labor and water conservation for irrigation, and advancements in post-harvest storage. as the world population increases, many countries are beginning to turn to amaranth as a traditional and culturally important crop that is very durable and nutritious. egyptian amaranth is especially facing high demand because of its higher quality, lack of chemicals, and immunity to diseases. the forecast for the egyptian amaranth market is very positive. this is partially due to the growing health-conscious lifestyle trend, as well as increasing demand from key export markets. additionally, the infrastructure investments and technological advancements that are being made are hoped to help the continued success of the amaranth industry for future years.

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