Wheat Germ Oil Market Key Drivers, Market Research, and Insights for the US$ 172 thousand ton Market 2019-2029

Wheat germ oil, renowned for its high nutritional value, is witnessing increased demand across various industries. From food and beverages to cosmetics and animal feed, wheat germ oil is gaining popularity for its rich vitamin content and antioxidant properties. This article explores the expanding market for wheat germ oil, highlighting its diverse applications and the factors driving its growth.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60756

Key Players and Market Developments
Grupo Plimon, Hebei Jiafeng Plant Oils, VIOBIN USA., General Nutrition Centers, Inc., ConnOils LLC

Market Overview

In recent years, the global wheat germ oil market has experienced significant growth, with sales reaching approximately 92 thousand tons in 2018. The market is expected to expand further, with a projected volume CAGR of 6.5% by 2027, reaching around 172 thousand tons. This growth is attributed to the rising consumer preference for nutritious ingredients and the versatile applications of wheat germ oil across industries.

Conventional vs. Organic Production

The wheat germ oil market can be segmented based on production methods into conventional and organic. Currently, conventional wheat germ oil holds the majority share of the market, with sales totaling around 83 thousand tons in 2018. However, organic wheat germ oil is gaining traction, driven by the growing demand for organic and natural products. Sales of organic wheat germ oil are expected to double by 2029, reaching approximately US$ 58 million, with a compound annual growth rate (CAGR) of around 19%.

Applications in Cosmetics and Personal Care

One of the significant applications of wheat germ oil is in cosmetics and personal care products. Due to its high antioxidant content and vitamin E concentration, wheat germ oil is favored as an ingredient in skincare formulations. It offers benefits such as moisturization, skin repair, and protection against environmental damage. Additionally, its fatty acids make it suitable for hair care products as well, further contributing to its popularity in the cosmetics industry.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 | 𝐈𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐚𝐭 - https://www.transparencymarketresearch.com/checkout.php?rep_id=60756<ype=S
Regional Market Dynamics

North America and Europe currently dominate the wheat germ oil market, with North America being the largest market in 2018. These regions are expected to maintain their prominence, driven by the demand for wheat germ oil in cosmetics and personal care products. However, the Asia Pacific Excluding Japan (APEJ) region is experiencing rapid growth, with sales expected to double by 2029, fueled by the presence of a significant number of stakeholders and increasing consumer awareness about the benefits of wheat germ oil.

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