Indonesia Amaranth Market Outlook (2018 to 2032)

Year Value
2018 1.06
2019 1.15
2020 1.24
2021 1.35
2022 1.48
2023 1.61
2024 1.76
2025 1.92
2026 2.09
2027 2.28
2028 2.47
2029 2.68
2030 2.9
2031 3.14
2032 3.4
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Indonesia Amaranth Market Outlook (2018 to 2032)

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

Market Dynamics

indonesia has seen a rise in demand for amaranth in recent years, particularly among younger, more health-conscious consumers. this is in part due to its reputation as a healthier alternative to rice and wheat, boasting higher protein content, more essential fatty acids, and a host of other nutritional properties. additionally, its striking, bright red colour adds a visual appeal to dishes. amaranth is primarily grown in small-scale, non-commercial plots, and is grown in regions of indonesia with high levels of rainfall or sub-irrigation. this means that its production is vulnerable to fluctuations in climate, particularly droughts. with indonesia's rising temperatures due to climate change, the country could see a decrease in the crop yield of amaranth. the current market outlook for amaranth in indonesia is very good, with its popularity steadily increasing. indonesia's health-conscious consumers appreciate the nutritional properties of amaranth, and the potential health benefits that this often overlooked grain provides. this demand has caused a rise in the price of the grain, leading to increased production as farmers seek to capitalise on the demand. despite the current popularity of the grain, the market outlook is uncertain over the next decade. as temperatures continue to rise, the crop yield of the grain drastically decreases, potentially making amaranth too expensive for consumers. on the other hand, technological advancements in agriculture and introduction of new varieties that are resilient to climate change may increase the production of amaranth, allowing consumers to benefit from its wide range of nutritional properties while keeping the price down. overall, amaranth remains an increasingly popular crop for indonesian consumers due to its nutritional value and visually appealing colour. the market outlook for 2018 to 2032 may depend on how effectively farmers can adapt to changing climate conditions and how quickly technology can help increase production and resilience of the crop. in any case, amaranth should remain an essential part of many indonesian diets as it continues to gain popularity among younger, health-conscious consumers.

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