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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Wheat Germ Oil Market
Request Now !The global wheat germ oil market is experiencing a significant growth, and is expected to grow considerably in the next few years owing to the surge in usage of wheat germ oil in various industries. Wheat germ oil is a fat soluble natural oil which is derived from the wheat kernel by a cold pressing and grilling technique. Wheat germ oil is rich in Octacosanol that is a long chain of fatty acid with alcohol which promotes physical strength and stamina. It has high concentration of vitamin E that makes it appealing for health conscious people as it acts anti-aging solution and help in curing many skin disorders such as eczema and psoriasis. It also contains omega-3 fatty acid which helps in controlling cholesterol levels and blood pressure. It has other fatty acids such as linoleic acid, stearic fatty acids, oleic acid and palmitic acid which improves cell generation in the body, maintain healthy immune system, reproductive system and nervous system.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value ($US) |
Segments covered | End User, Distribution, Production, and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA) |
Companies covered | NutriPlex Formula’s, Kunhua biological technology, Zonghoo, Herbal Biosolutions, Viobin USA, Country Life, Swanson Health Products, Connoils, GNLD International, Navchetna Kendra, Grupo Plimon, Arista, Hebei Jiafeng Plant Oils, Henry Lamotte Oils, General Nutrition Centers |
The COVID-19 outbreak has caused a decline in the growth of the global industries creating a mass disruption for buyers as well as sellers. There are shutdowns of production units and markets globally which has stopped the production, sale, and marketing of the product. This has also offered an opportunity for the companies to look after their supply chain relationship and business models for the future.
The developments in the cosmetic and personal care industry have led to the growth of wheat germ oil market. The wheat germ oil is widely used in these industries because of the presence of vitamin E, and its anti-oxidant properties. The increase in demand for anti-aging and other skin care products has led to the surge in the usage of wheat germ oil as an ingredient in the skin care products. The urge of millenials to look attractive has also surged the demand for skin care lotions and creams containing wheat germ oil.
The usage of wheat germ oil in other industries is supporting the market to remain profitable in future. It is extensively used in pharmaceuticals and dietary supplement owing to the associated nutritional properties. It is also used in households as cooking oil due to its easy availability and affordable price.
The global wheat germ oil market trends are as follows:
Market players are focusing on launching new products containing wheat germ oil to serve the health conscious people. The usage of wheat germ oil in pet food industry is also gaining momentum. It is used in pet dietary supplements for enhancing the hair quality, skin quality, and physical strength of the pets. It is used in making shampoos and pet food due to the presence of vitamin E in the wheat germ oil, which helps in healing skin injuries and controlling shedding, flaking, and scratching on the skin of the pets. The leading market players in the pet food industry are developing innovative products for pets by using wheat germ oil.
Key Segments Covered:
Segments | Sub-segments |
End User |
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Distribution |
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Production |
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Questions Answered in the Wheat Germ Oil Market Research Report:
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