Global Wheat Germ Oil Market, By End-User (Cosmetics & Personal Care Industry, Dietary Supplements, Pharmaceuticals, Food & Beverages Industry, Feed Industry, Others) Distribution Channel (B2B, B2C), Production (Organic, Conventional), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Wheat Germ Oil Market
The wheat germ oil market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 0.87 billion by 2028 and grow at a CAGR of 7.20% in the above-mentioned forecast period. Rise in the demand for wheat germ oil in the cosmetics industry for skincare products acts as an essential factor driving the wheat germ oil market.
Wheat germ oil generally offers certain medicinal benefits against psoriasis, vitiligo, eczema, other skin irritations, and damage from sunburn. On applying externally, the wheat germ oil also helps in improving blood circulation to the skin and hair due to the higher proportion of vitamin E. Wheat germ oil is another rich source of protein and protein is an essential nutrient for cell growth plus it also repairs damaged cells.
Rise in the number of wheat germ oil-based dietary supplements acts as a vital factor escalating the market growth, also increase in the awareness on skin care and changing consumer perceptions of dermatological aspect of healthcare, rise in the awareness of potential health benefits of naturally sourced wheat oil such as insulin regulation, and lowered risk of cardiovascular diseases, rise in the popularity of naturally synthesized supplements by athletes & celebrities and increase in the demand for high quality products are the major factors among others driving the wheat germ oil market. Moreover, rise in the research and development activities and increasing modernization in the new products offered in the market will further create new opportunities for the wheat germ oil market in the forecast period of 2021- 2028.
However, high cost of the wheat germ oil when compared to other vegetable oils are the major factors among others acting as restraints, and will further challenge the wheat germ oil market in the forecast period.
The wheat germ oil market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the wheat germ oil market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Wheat Germ Oil Market Scope and Market Size
The wheat germ oil market is segmented on the basis of end-user, distribution channel and production. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of end-user, the wheat germ oil market is segmented into cosmetics & personal care industry, dietary supplements, pharmaceuticals, food & beverages industry, feed industry and others.
- Based on distribution channel, the wheat germ oil market is segmented into B2B and B2C.
The wheat germ oil market is also segmented on the basis of production into organic and conventional.
Wheat Germ Oil Market Country Level Analysis
Wheat germ oil market is analysed and market size insights and trends are provided by country, packaging type and distribution channel as referenced above.
The countries covered in wheat germ oil market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
North America dominates the wheat germ oil market due to rise in demand from the snacking industry and increase in the awareness on skin care and changing consumer perceptions of dermatological aspect of healthcare in this region. Europe is the expected region in terms of growth in wheat germ oil market due to increase in the awareness on skin care and changing consumer perceptions of dermatological aspect of healthcare in this region.
The country section of the wheat germ oil market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Wheat Germ Oil Market Share Analysis
The wheat germ oil market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to wheat germ oil market.
The major players covered in the wheat germ oil market report are Henry Lamotte Oils GmbH, Herbal Bio Solutions, Viobin, Country Life, LLC, Arista Networks, Inc, Hebei Jiafeng Plant Oils Co., ltd, GNLD International, GNC Holdings, LLC, Swanson, CONNOILS, NutriPlex Formulas Inc and Kunhua Bio-tech Co., Ltd, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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