A recent report published by Infinium Global Research on wheat germ oil market provides in-depth analysis of segments and sub-segments in the global as well as regional wheat germ oil market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional wheat germ oil market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global wheat germ oil market. According to the report, the global wheat germ oil market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
Wheat germ oil is derived from the germ of the wheat kernel. It has relatively high protein content and contains many other nutritional ingredients, such as pigments, carbohydrates, omega 3 fatty acids, minerals, and B vitamins. It is also an antioxidant. Wheat germ oil is taken as an among dietary supplements or can be used as a cream or lotion. This oil generally used for external application, as it helps in skin irritation including skin and dryness cracking.
The wheat germ oil market is driven by growing use of wheat germ oil in cosmetics and personal care products coupled with growth in wheat germ oil based dietary supplements. Additionally, wheat germ oil is used in the preparation of various baked goods, poultry items, snack items, processed seafoods, breakfast cereals, pizza, pasta, and various other Mexican, Italian, and Continental cuisines for its gluten presence. There is an increasing awareness of the importance of vegetable oils as sources of food, biofuel, health-enhancing compounds, i.e., nutraceuticals drive the demand of the market. Apart from this, wheat germ oil is used for improving physical stamina and performance of athletes. Furthermore, medical benefits of wheat germ oil against vitiligo, psoriasis, eczema, other skin irritations and damage from sunburn, which in turns, aid the growth of the market. However, the high cost of wheat germ oil as compared to other vegetable oil may hamper the growth of wheat germ oil market.
Among the geographies, North America dominates the global wheat germ oil market followed by Europe. The factors such as the presence of a number of leading manufacturers are driving the demand for the wheat germ oil market in this region. Additionally, growth in the snacking industry and growing consumer preference towards healthy food is boosting the demand of the market. Moreover, an increasing number of health-conscious peoples in developing economies are expected to offer lucrative opportunities for the market in this region over the forecast period. Furthermore, Asia Pacific is witnessing show the highest CAGR throughout the forecast period.
The report on global wheat germ oil market covers segments such as food products, and applications. On the basis of food products, the sub-markets include pasta, edible oils, snacks, cereals, and germ-enriched bread. On the basis of applications, the sub-markets include capsules, soft gels, hair-care products, and other applications.
The report provides profiles of the companies in the market such as General Nutrition Centers, Inc., ConnOils LLC, VIOBIN USA, Swanson Health Products, Grupo Plimon, Viobin, Agroselprom, NOW Foods, Inlife Pharma Pvt. Ltd., Country Life, LLC, and NutriPlex Formulas Inc.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of wheat germ oil market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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