Global Wheat Germ Oil Market : Industry Analysis and Forecast (2019-2026): By Food Products, Applications, Distribution Channel and Region.
The Global Wheat Germ Oil market size is expected to grow from US$ XX Bn in 2018 to US$ XX Bn by 2026, at a CAGR of 7.2 % during the forecast period.
Wheat germ oil is a yellow unsaturated fatty oil obtained from wheat germ and containing vitamin E. It is primarily consumed for its high antioxidant value and healthy fats, also is generally used in foods to improve their nutritive value.
The Global Wheat Germ Oil Market has witnessed considerable growth in recent years because of increasing use of wheat germ oil in cosmetics and personal care products coupled with growth in wheat germ oil based dietary supplements. The growth opportunities will occur across the wheat germ oil market cost with suppliers and distributors focusing on adapting to shifting consumer preferences. However, the oil needed for high-quality products at low costs act as challenges in the market. On the other hand, the high cost of wheat germ oil as compared to other vegetable oil, which is likely to hamper the market growth at the global level.
Based on the food product, the global wheat germ oil market is segmented into Pasta, Edible Oils, Snacks, Cereals and Germ-enriched Bread. The edible oils segment is dominated by XX% market share in 2018. Edible oils are majorly used as an antioxidant is bakery, snacks, and processed food to extend their shelf life. Increasing user preference for healthy edible oil is supporting the improvement of the Global Wheat Germ Oil Market during forecast period. The skin care segment is dominated by XX% market share in 2018, Because of wheat germ oil is rich in antioxidants and anti-aging properties are estimated to propel the market growth.
The increasing mandate for wheat germ oil from North America and Europe has had a positive impact on the growth market. The Europe is accounted for one-fourth of the global wheat germ oil market share by volume and value. North America and Europe will projected to remain prominent during the forecast period, with its value set to upsurge at 7.20 % CAGR. This is credited to the application of wheat germ oil in cosmetics and personal care products, which drive the growth of the wheat germ oil market in the region. A comparable growth trajectory applies to Asia Pacific Excluding Japan (APEJ), in 2018, accounted for the largest share XX% of the global wheat germ oil market, and is projected to remain a prominent market throughout the forecast period.
A report covers the recent development in the global wheat germ oil market like In February, 2019, Rivona Naturals launched a rose soap, which contains the key ingredient is wheat germ oil.
The objective of the report is to present a comprehensive analysis of Global Wheat Germ Oil Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Wheat Germ Oil Market dynamics, structure by analysing the market segments and project the Global Wheat Germ Oil Market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product Portfolio, Growth strategies, and Regional presence in the Global Wheat Germ Oil Market make the report investor’s guide.
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The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Scope of the Global Wheat Germ Oil Market
Global Wheat Germ Oil Market, By Food Products
• Edible Oils
• Germ-enriched Bread
Global Wheat Germ Oil Market, By Applications
• Soft gel
• Hair care
• Dietary supplements
Global Wheat Germ Oil Market, By Distribution Channel
• Store-based Retail
• Specialty Stores
• Convenience Stores
• Online Retailing
Global Wheat Germ Oil Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Wheat Germ Oil Market
• General Nutrition Centers Inc
• ConnOils LLC
• VIOBIN USA
• Swanson Health Products
• Grupo Plimon
• Inlife Pharma Pvt. Ltd.
• Henry Lamotte Oils GmbH
• Country Life, LLC
• NutriPlex Formulas Inc
• Henan Kun Hua Technology
• Kanta Enterprises Private Limited
• Hebei Jiafeng Plant Oils
• Henan Yuanquan
• Navchetna Kendra
• Herbal Biosolutions
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