MarketResearch.biz delivers in-depth insights on the global wheat germ oil market in its upcoming report titled, “Global Wheat Germ Oil Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global wheat germ oil market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global wheat germ oil market report has been segmented on the basis of application and region.
Wheat germ oil is obtained from wheat germ. Wheat germ is the source of nutrition and contains several essential nutrients such as proteins, omega 3 fatty acids, vitamin B, calcium, iron, palmitic acid, oleic acid, and linoleic acid. Wheat germ oil has a strong fragrance and is dark in color and mostly consumed by the people suffering from gluten allergy. Wheat germ oil is sensitive to light hence it has to be stored in refrigerator.
Growing demand for wheat germ oil in cosmetics industry for skincare products coupled with increasing number of dietary supplements that contain wheat germ oil is expected to drive the market growth over the forecast period. Growing health concerns have led the people to prefer healthy and nutritious food which is expected to fuel the market growth over the period.
Skincare is expected to be one of the major application segment in the global wheat germ oil market. The properties of wheat germ oil such as antioxidant and anti-aging are estimated to propel the market growth. Moreover, it also repairs, moisturizes, and boosts the production of collagen & elastin and reduces the inflammation. The demand for wheat germ oil is expected to grow owing to rising demand for products that contain proteins, minerals, and vitamins.
North America is expected to account the major share of the market and is estimated to maintain its dominance over the forecast period. Presence of a large number of manufacturers in the region is expected to fuel the market growth. The market growth is anticipated to be driven by the increasing production capacity of US and Canada. Increasing disposable income, changing the lifestyle of the people, and increasing consumer preferences towards consumption of healthy food are expected to boost the market growth over the forecast period in the region. Increasing snacks industry coupled with growing demand for convenient snack foods is expected to drive the market growth in the region. Europe is expected to account second largest revenue share in the global wheat germ oil market. Increasing number of people preferring healthy food is expected to drive the market growth over the forecast period.
Market segmentation and key players operating in the global wheat germ oil market:
- Soft gel
- Hair care
- Dietary supplements
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- General Nutrition Centers, Inc.
- KUNHUA BIOLOGICAL TECHNOLOGY CO., LTD
- Inlife Pharma Pvt. Ltd.
- Henan Kunhua Biological Technology Co
- Swanson Health Products
- GNLD INTERNATIONAL LTD.
- NOW Foods
- CONNOILS LLC
- VIOBIN USA
- NutriPlex Formulas Inc.
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