Press release
Wheat Germ Oil Market Size-Share 2021, Analysis by Manufacturers, Competitive Landscape, Future Growth, Strategy and Forecast to 2027 - Grupo Plimon, Viobin, Agroselprom, Henry Lamotte Oils GmbH
The Wheat Germ Oil Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Wheat Germ Oil Market Size is Projected to Reach at a CAGR of 19% during 2021-2027.
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Wheat Germ Oil Market: Overview
According to Transparency Market Research’s latest market report on the global wheat germ oil market for the historical period of 2014 - 2018 and forecast period of 2019 - 2029, globally, revenue generated by the wheat germ oil market has been estimated to be ~US$ 530 million in 2019.
The wheat germ oil market is expected to expand at a CAGR of ~7% in terms of value throughout the forecast period, and reach a valuation of ~US$ 1 Bn by 2027.
Top Leading Companies:
Grupo Plimon, Viobin, Agroselprom, Henry Lamotte Oils GmbH, CONNOILS, ARISTA, Henan Kun Hua Technology, Kanta Enterprises Private Limited, Hebei Jiafeng Plant Oils, Henan Yuanquan, Navchetna Kendra, Pokonobe, Herbal Biosolutions, Zonghoo, Anyang Jingsen
Recent Development:
In February, 2019, Rivona Naturals launched a rose soap, which contains wheat germ oil as the key ingredient. The key function of wheat germ oil in the soap is to reduce skin damage and support healthy collagen formation.
In August 2018, Well Within Company launched the Berry Oil Blend supplement, which is made with wheat germ oil and other ingredients such as Sea Buckthorn Fruit Oil, Blackcurrant Oil, etc. This blend is an oil-based lipid-rich antioxidant that boosts skin health.
In September 2018, Bunge Loders Croklaan launched a liquid margarine that is clean label and made from plant-based ingredients, which include wheat germ oil, corn oil, and linseed oil. The product is named Delica Pro Gold, and is non-hydrogenated.
Wheat Germ Oil Market Segmentation by Type:
Food
Nutritional Supplements
Cosmetic
Others
Wheat Germ Oil Market Segmentation by Application:
Cold Pressing Method
Extraction Method
Others
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North America & Europe to Remain Lucrative; APEJ Market to Expand Rapidly
The rising demand for wheat germ oil from North America and Europe has had a significant impact on the growth of the landscape. In 2018, Europe accounted for one-fourth of the global wheat germ oil market share by value. This region is expected to remain prominent during the forecast period, with its value set to increase at a ~7% CAGR. This can be attributed to the application of wheat germ oil in cosmetics and personal care products, which is likely to boost the growth of the wheat germ oil market in the region. A similar growth trajectory applies to North America, which, in 2018, accounted for the largest share of the global wheat germ oil market, and is expected to remain a prominent market throughout the forecast period.
However, the market of Asia Pacific Excluding Japan (APEJ), which is growing the fastest, is expected to be valued at ~US$ 98 Mn in 2019. It is set to double by the end of the forecast period in 2029, expanding at a CAGR of ~8% by revenue. This can be attributed to the presence of a significant number of stakeholders of the wheat germ oil market in the region, which is likely to contribute to the growth of the landscape.
Regional Wheat Germ Oil Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Wheat Germ Oil Market Report:
Detailed overview of Wheat Germ Oil Market
Changing the Wheat Germ Oil market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Wheat Germ Oil market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Wheat Germ Oil Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Wheat Germ Oil Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Wheat Germ Oil industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
We Offer Customization on Report Based on Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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