Emerging Trends for Worldwide Wheat Germ Oil Industry Market (2019-2026): Business Strategy, Opportunity, Segmentation, Competitive Landscape and Regional Analysis
According to the report, the wheat germ oil market is expected to grow from USD 143 million in 2019 to USD 231 million by 2026, growing at a CAGR of 7.11% from 2019 to 2026.
The wheat germ oil market is likely to grow in the near future, owing to the growing demand for wheat germ oil in the cosmetics industry for skincare as well as the rising number of wheat germ oil based dietary supplements. Furthermore, consumers are increasingly using wheat germ oil in cooking owing to its ready availability and affordability. This may be another factor fueling the growth of the wheat germ oil market.
Wheat germ oil is a kind of grain germ oil made from wheat. It concentrates on the nutritional essence of wheat. It is rich in vitamin E, linoleic acid, linolenic acid, mannitol and various physiological components. Valuable functional food. In particular, the vitamin E content is the crown of vegetable oil, and has been recognized as a functional oil with a nutritional and health-care function.
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Competitive Insights
Major manufacturers profiled in the analysis report include Cold pressing method, Extraction method, Grupo Plimon, Viobin, Agroselprom, Henry Lamotte Oils, CONNOILS, ARISTA, Henan Kun Hua Technology, Kanta Enterprises Private Limited, Hebei Jiafeng Plant Oils, Henan Yuanquan, Navchetna Kendra, Pokonobe, Herbal Biosolutions, Zonghoo., Anyang Jingsen, etc.
Regional Insights
Based on region, the global wheat germ oil market can be divided by major regions which include North America, Latin America, Europe, Asia Pacific, Middle East and Africa. In 2018, the global wheat germ oil market was mainly concentrated in the three regions of Asia-Pacific, North America and Europe, with the market share of 31.22%, 36.92% and 24.75% respectively, accounting for a total of 92.89%.
North America led the global wheat germ oil market in terms of market share in 2018 on account of the booming food & beverage industry in the U.S. The market for these wheat germ oil in Asia-Pacific area is amplifying because more of consumption. The Asia-Pacific and other rising nations are foreseen to develop at a quick pace in the wheat germ oil market in the following years when compared with the seasoned markets of developed regions.
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Type Insights
l Crude Grade
l Refined Grade
l Others
Application Insights
l Food Industry
l Medical Industry
l Cosmetic Industry
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Audience
l Market Research and consulting firms
l Wheat germ oil manufacturers
l Raw material suppliers of wheat germ oil
l Distributors and resellers of wheat germ oil
l Product managers, wheat germ oil industry administrator, C-level executives of the industries
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