Global Wheat Germ Oil Market Size, Trends, and Growth Opportunity, By Type (Cold Pressing Method, Extraction Method, and Others), By Application (Food, Nutritional Supplements, Cosmetics, and Others), By Region and Forecast to 2030.
Global Wheat Germ Oil Market
The Global Wheat Germ Oil Market was valued at USD 600.8 million in 2022 and is expected to reach 1004.2 million by 2030, at a CAGR 6.50% during the forecast period 2023- 2030.
Wheat kernels are cold-pressed and grilled to produce wheat germ oil, a naturally occurring fat-soluble oil. Octacosanol, a long-chain fatty acid with alcohol found in wheat germ oil, helps to increase physical stamina and power. Its high vitamin E content attracts health-conscious consumers because it works as an anti-aging treatment and treats a variety of skin conditions, including eczema and psoriasis. Additionally, it includes omega-3 fatty acids, which lower cholesterol and lower blood pressure. Other fatty acids present in it, including linoleic, oleic, and palmitic acids, help the body create new cells and sustain immunological, reproductive, and nervous system health.
Market Drivers
Increased awareness of skin care and changing consumer perceptions of dermatological aspects of healthcare, as well as increased knowledge of the potential health benefits of naturally sourced wheat oil, such as insulin regulation and a reduced risk of cardiovascular diseases, as well as an increase in the popularity of naturally synthesized supplements among athletes and celebrities, all contribute to the market's expansion. Additionally, an increase in R&D efforts and a modernization of the new goods available on the market would open up new chances for the wheat germ oil market.
Market Restraints
The main factors among others acting as restraints include the high cost of wheat germ oil compared to other vegetable oils, which will provide new challenges for the wheat germ oil market over the forecast period.
COVID 19 Impact
The COVID-19 outbreak has slowed down the expansion of numerous international industries, which has resulted in widespread disruption for both buyers and sellers. Global market and production unit closures have halted the creation, distribution, and promotion of the product. Additionally, it has given businesses a chance to maintain their business strategies and relationships with their supply chains.
Market Segmentation
The Global Wheat Germ Oil Market is segmented into Type and Application.
Based on Type, the market is divided into Cold Pressing Method, Extraction Method, and Others.
Based on Application, the market is divided into Food, Nutritional Supplements, cosmetics, and Others.
Regional Analysis
The Global Wheat Germ Oil Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
Due to growing demand from the snacking sector, rising skin care awareness, and shifting consumer perceptions of the dermatological aspects of healthcare in this region, North America dominates the global wheat germ oil market. Due to shifting consumer perceptions of the dermatological element of healthcare in this region and increased awareness of skin care, Europe is likely to experience growth in the wheat germ oil market.
Key Players
Various key players are discussed in the Global Wheat Germ Oil Market Report including: Henry Lamotte Oils GmbH, Herbal Bio Solutions, Viobin, Country Life, LLC, Arista Networks, Inc, Hebei Jiafeng Plant Oils Co., ltd, GNLD International, GNC Holdings, LLC, Swanson.
Market Taxonomy
By Type
• Cold Pressing Method
• Extraction Method
• Others
By Application
• Food
• Nutritional Supplements
• Cosmetic
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Wheat Germ Oil Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Wheat Germ Oil Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Wheat Germ Oil Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Wheat Germ Oil Market Share Analysis, By Type
5.3 Global Wheat Germ Oil Market Size and Forecast, By Type
5.3.1 Cold Pressing Method
5.3.2 Extraction Method
5.3.3 Others
6 Global Wheat Germ Oil Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Wheat Germ Oil Market Share Analysis, By Application
6.3 Global Wheat Germ Oil Market Size and Forecast, By Application
6.3.1 Food
6.3.2 Nutritional Supplements
6.3.3 Cosmetic
6.3.4 Others
7 Global Wheat Germ Oil Market, By Region
7.1 Global Wheat Germ Oil Market Share Analysis, By Region
7.2 Global Wheat Germ Oil Market Size and Forecast, By Region
8 North America Wheat Germ Oil Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Wheat Germ Oil Market Share Analysis, By Type
8.3 North America Wheat Germ Oil Market Size and Forecast, By Application
8.4 North America Wheat Germ Oil Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Wheat Germ Oil Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Wheat Germ Oil Market Share Analysis, By Type
9.3 Europe l Wheat Germ Oil Market Size and Forecast, By Application
9.4 Europe Wheat Germ Oil Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Wheat Germ Oil Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Wheat Germ Oil Market Share Analysis, By Type
10.3 Asia Pacific Wheat Germ Oil Market Size and Forecast, By Application
10.4 Asia Pacific Wheat Germ Oil Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
11 Latin America Wheat Germ Oil Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Wheat Germ Oil Market Share Analysis, By Type
11.3 Latin America Wheat Germ Oil Market Size and Forecast, By Application
11.4 Latin America Wheat Germ Oil Market Size and Forecast, Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Wheat Germ Oil Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Wheat Germ Oil Market Share Analysis, By Type
12.3 Middle East Wheat Germ Oil Market Size and Forecast, By Application
12.4 Middle East Wheat Germ Oil Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
15.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Henry Lamotte Oils GmbH
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Herbal Bio Solutions
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Viobin
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Country Life, LLC
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Arista Networks, Inc.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Hebei Jiafeng Plant Oils Co. ltd.
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 GNLD International
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 GNC Holdings, LLC
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Swanson
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies