Wheat Germ Oil - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Wheat Germ Oil Market is accounted for $142.31 million in 2019 and is expected to reach $281.49 million by 2027 growing at a CAGR of 8.9% during the forecast period. Increasing inclination to use this oil in daily health regimen due to its nutritional benefits and its rising applications in cosmetics industry for skincare products are the major factors driving the market growth. However, their side effect on excessive usage is restraining the market growth.
Wheat germ oil offers certain medicinal advantages against various skin irritations and harm from sunburn. On applying externally, it helps in improving blood circulation to the skin and hair due to the higher proportion of vitamin E. Furthermore, vitamin E acts as an antioxidant and may even prevent the degradation of oil by improving its shelf life. It is another rich source of protein and is essential nutrient for cell development and it also repairs damaged cells.
Based on application, the skincare segment is likely to have a huge demand due to its properties such as antioxidant and anti-aging. Furthermore, it repairs, moisturizes, and boosts the production of collagen & elastin and reduces the inflammation. By geography, North America is going to have a lucrative growth during the forecast period due to presence of a large number of manufacturers, changing the lifestyle of the people, and increasing consumer preferences towards consumption of healthy food.
Some of the key players profiled in the Wheat Germ Oil Market include Agroselprom, Anyang Guanghua, ARISTA, CONNOILS, Grupo Plimon, Gustav Heess, Hebei Jiafeng Plant Oils, Henan Kun Hua Technology, Henry Lamotte Oils GmbH, HOCHDORF Group, Kanta Enterprises and Viobin.
Food Products Covered:
• Edible Oil
• Germ Enriched Bread
• Snack Foods
Distribution Channels Covered:
• Direct Sales/B2B
• Indirect Sales/B2C
• Industrial Grade
• Food Grade
• Extraction Method
• Cold Pressing Method
• Dietary Supplements
• Feed Industry
• Food Industry
• Hair Care Products
• Soft Gels
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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