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.
Market
Insight
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.
Segment
Covered
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.
Companies
Profiled:
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.
Report
Highlights:
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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