Global Wheat Germ Oil Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Wheat Germ Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global wheat germ oil market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global wheat germ oil market size reached US$ 590 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 842 Million by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
Wheat germ oil, an all-natural extract derived from the embryonic portion of wheat kernels, undergoes a meticulous cold-pressing process to maintain its nutritional integrity. With its distinct golden hue and mild, nutty aroma, it finds diverse applications. This oil is renowned for its high vitamin content, notably vitamin E, and essential fatty acids. Its antioxidants shield cells from the detrimental effects of free radicals, offering effective skin hydration, reducing dryness, and addressing concerns like fine lines, wrinkles, and scars to promote a youthful and radiant complexion. Moreover, it fortifies hair strands, wards off breakage, and enhances overall hair texture. Additionally, it aids in maintaining healthy cholesterol levels, supporting proper blood circulation, and reducing the risk of heart-related ailments. Consequently, wheat germ oil is extensively utilized in the global food and beverage (F&B), cosmetics, agriculture, and pharmaceutical industries.
Global Wheat Germ Oil Market Trends and Drivers:
The market is experiencing substantial growth driven by various factors. One of the key drivers is the increasing use of wheat germ oil in haircare products to combat dandruff. Additionally, the growing consumption of wheat germ oil to promote regular bowel movements and enhance digestive comfort is further fueling market expansion. Moreover, there is a rising demand for wheat germ oil due to its potential to alleviate symptoms associated with conditions like arthritis, creating a positive market outlook. Furthermore, the market is witnessing lucrative growth opportunities with the increasing popularity of dietary supplements containing wheat germ oil. This trend is complemented by the adoption of wheat germ oil to enhance fertility and overall reproductive well-being. The utilization of wheat germ oil in cosmetics and skincare products, thanks to its skin-nourishing properties, is also contributing to market growth. Additionally, the market is benefiting from the growing consumer preference for natural and organic products.
Global Wheat Germ Oil Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Agroselprom Ltd, ConnOils LLC, Hebei Jiafeng Plant Oils Co., Ltd., INLIFE Pharma Private Limited, NeoLife International, Now Foods, Viobin (PHM Brands LLC), etc.
The report segmented the market on the basis of region, nature, distribution channel, and end user.
Breakup by Nature:
- Organic
- Conventional
Breakup by Distribution Channel:
- B2B
- B2C
- Store-based Retail
- Online Retailing
Breakup by End User:
- Cosmetics
- Dietary Supplements
- Pharmaceuticals
- Food Industry
- Feed Industry
- Others
Breakup By Regions:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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