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Wheat Germ Oil Market Growth Opportunities, Future Trends, SWOT Analysis, Forecasts & Competition Tracking - Global Market Insights to 2029
Wheat Germ Oil Market
The TMR report sets out to achieve a key objective: to deliver a thorough assessment of the Wheat Germ Oil industry on a global scale, highlighting the involvement of major industry players. Through an easy-to-understand approach, the report presents both historical and current market conditions, and forecasts the market's size and emerging trends. Moreover, the report offers valuable insights into volume, share, revenue, production, and sales data, essential for a comprehensive understanding of the market.
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Nutritive Properties of Wheat Germ Oil to Lead to High Usage in Supplements
Wheat germ oil is a good source of vitamin E, and is known to lower plasma cholesterol levels. Cold-pressed oil forms are in high demand, as the cold-pressed technique of extraction retains the nutritional value as well as flavor and aroma of the oil. The high nutritional value of wheat germ oil makes it a suitable addition for use in dietary supplements and feed, and these industries are expected to witness a rise in demand at a high rate, globally, in the foreseeable future, as such boosting the growth of the global wheat germ oil market.
Extensive Use in Personal Care and Cosmetic Products to Boost Demand
The beauty industry is growing at a high rate, and trends are evolving with the changing dynamics of the industry. The clean label movement is one such trend in the cosmetics and personal care industry that is gaining traction. This has influenced manufacturers in this industry to switch to natural-sourced ingredients instead of synthetic ingredients, increasing the demand for natural ingredients despite their high prices.
Wheat germ oil is gaining traction in the cosmetics industry as a natural ingredient, as it is replacing the use of shark ingredients in cosmetic products. This is the result of wheat germ oil's richness in vitamin E and squalene. It has a wide variety of uses as an ingredient in skincare, hair care, and cosmetic products. Wheat germ oil is being used as a blend with other natural oils in personal care products, such as supplements, skin serum, creams, etc. Due to these factors, the wheat germ oil market is anticipated to experience high growth in the coming years.
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Economical Prices of Raw Material to Create Opportunities for New Players
Total global production of wheat germ was estimated to be around 25 million MT in the year 2017. Wheat germ is obtained from wheat before milling, and is used in a variety of food applications to increase the nutritional content of the food products. But due to the rapid tendency of wheat germ to become rancid, its utilization is restricted. This creates a great opportunity for wheat germ oil manufacturers, as an abundant amount of wheat germ is available at economical prices. This has resulted in opportunities for emerging players in the wheat germ oil market. Developing regions such as South Asia are anticipated to emerge as lucrative wheat germ oil markets, and the demand from such regions is expected to grow substantially in the foreseeable future.
Global Wheat Germ Oil Market: Competitive Landscape
Some of the key players operating in the global wheat germ oil market are Agroselprom, ConnOils LLC, Heze Zonghoo Jianyuan Biotech Co., Ltd., General Nutrition Centers, Inc, Hebei Jiafeng Plant oils, Grupo Plimon, Kanta enterprises Ltd., Inlife Pharma Pvt. Ltd., Kunhua Biological Technology Co., Ltd., Gustav Heess GmbH, NOW Foods, NutriPlex Formulas Inc., and Viobin USA.
Global Wheat Germ Oil Market: Segmentation
Wheat Germ Oil Market by Nature
Nature
Conventional
Wheat Germ Oil Market by End Use
Cosmetics
Dietary Supplements
Pharmaceuticals
Food Industry
Feed Industry
Others
Wheat Germ Oil Market by Sales Channel
B2B
B2C
Store-based Retailing
Hypermarkets/Supermarkets
Specialty Stores
Convenience Stores
Online Retailing
Wheat Germ Oil Market by Region
North America
U.S.
Canada
Latin America
Brazil
Mexico
Chile
Peru
Argentina
Rest of LATAM
Europe
EU-4
U.K.
BENELUX
Nordic
Russia
Poland
Rest of Europe
APEJ
China
India
ASEAN
South Korea
Rest of APEJ
Japan
Oceania
Australia
New Zealand
Middle East & Africa
GCC Countries
Turkey
Iran
South Africa
Rest of MEA
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Some of the key aspects that the study analyzes and sheds light are:
Which regions are witnessing rise in investments in the supply chain networks?
Which countries seems to have benefitted from recent import and export policies?
Which regions have witnessed decline in consumer demand due to economic and political upheavals?
Which are some the key geographies that are likely to emerge as lucrative markets?
Which regions are expected to lose shares due to pricing pressures?
Which regions leading players are expected to expand their footprints in the near future?
What are some the sustainability trends impacting the logistics and supply chain dynamics in the Wheat Germ Oil market?
What are some of the demographic and economic environments that create new demand in developing economies?
How are changing government regulations shaping business strategies and practices?
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About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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