What is Wheat germ oil Market Scope?
Wheat germ oil is derived from wheat germ, which is understood as the ‘heart’ of wheat. wheat germ is the basic supply of nutrition of wheat kernel and contains many essential nutrients like protein, vitamin B, omega-3 fatty acid fatty acids, iron, palmitic acids, linoleic acids, lipoid fatty acids, oleic acids, and calcium. The wheat germ oil is dark in colour and features a sturdy fragrance. Those suffering from protein allergic reaction should refrain from using wheat-germ oil.
The Wheat germ oil market study is being classified by Type (Food Grade and Industrial Grade), by Application (Food industry, Nutritional supplements industry and Cosmetic industry) and major geographies with country level break-up.
The global market for Wheat Germ Oil is fragmented by the global key players owing to the rising demand for the wheat germ oil in cosmetic industry due to nutritional contain like vitamin E and in food supplements industry as functional and convenience foods. The growing field of organic oil usage in daily life because of rising awareness for healthy lifestyle and diet is pushing the manufacturers to innovate new products integrated with wheat germ oil. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Wheat germ oil market throughout the predicted period.
Hebei Jiafeng Plant Oils (China), Viobin Usa (United States), Connoils LLC (United States), Swanson Health Products (United States), Inlife Pharma Pvt. Ltd. (India), Wheat Germ Oil (United States), NutriPlex Formulas Inc. (United States), Arista Industries (United States) and Henan Ingredients Group Co, Ltd. (China) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Wheat germ oil market by Type, Application and Region.
On the basis of geography, the market of Wheat germ oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America,Europe region held largest market share in the year 2020.
Market Influencers and their development strategies
In 2018, Panhandle Milling LLC acquired Viobin LLC, a manufacturer of defatted wheat germ and specialty oils. This acquisition will help Panhandle Milling LLC to provide a nationwide supply in the rapidly growing specialty grain and oil markets especially wheat germ oil.
Influencing Market Trend
- Development in Grade for the global animal feed market due to its nutritional content
- Rise in Demand for Wheat Germ Oil in The Cosmetics Industry for Skincare Products
- Growth in Demand for Organic Dietary Supplements
- The Rising Popularity and Awareness of the Fitness Diet and Supplements
- Growth in Food Additives and Ingredient Industry
- Absence of Voluntary Guidelines for Intake Proportion and Side Effects to the Population with Heart Diseases
- Availability of Substitutes in Market
Key Target AudienceWheat Germ Oil manufacturer, Distributor/Supplier, Raw Material Manufacturer, Supplier/Distributor, Cosmetics manufacturer, Research Institutes, End User Industry and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Wheat germ oil market expands?
The Global Wheat germ oil market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Wheat germ oil market?
The prominent players of Global Wheat germ oil market are Hebei Jiafeng Plant Oils (China), Viobin Usa (United States), Connoils LLC (United States), Swanson Health Products (United States), Inlife Pharma Pvt. Ltd. (India), Wheat Germ Oil (United States), NutriPlex Formulas Inc. (United States), Arista Industries (United States) and Henan Ingredients Group Co, Ltd. (China), to name a few.
3. What are the top priorities to focus for Wheat germ oil market’s growth?
In this highly competitive & fast evolving Wheat germ oil industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.