Wheat Germ Oil Market Size – By Nature (Organic and Conventional), By Sales Channel (B2B and B2C), By End-use (Cosmetics, Dietary Supplements, Pharmaceuticals, Food Industry, Feed Industry and Others), & Region – Global Forecasts 2024 - 2034.
- PUBLISHED ON
- 2024-11-08
- NO OF PAGES
- 315
- CATEGORY
- Food & Beverages
The Wheat Germ Oil market report is predicted to develop at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2034, when global Wheat Germ Oil market forecast size is projected to reach USD 915.41 Million in 2034, based on an average growth pattern. The global Wheat Germ Oil market revenue is estimated to reach a value of USD 482.59 Million in 2024.
SOURCE: We Market Research
The global wheat
germ oil market is growing steadily, driven by increasing awareness of the
oil’s health benefits and its rising application in various industries. The
global wheat germ oil market is driven by the increasing demand for natural and
organic ingredients, the rising focus on health and wellness, and the
versatility of wheat germ oil in various industries, especially in beauty,
nutrition, and functional foods.
The global wheat
germ oil market encompasses the trade, distribution, and consumption of oil
extracted from the germ of wheat kernels. Wheat germ oil is known for its rich
content of essential nutrients, particularly Vitamin E, omega-3 and omega-6
fatty acids, and other antioxidants, which make it valuable in various
applications. The market includes different types of wheat germ oil, such as
cold-pressed (unrefined) and refined forms, each serving specific industry
needs.
Global Wheat Germ Oil Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 482.59 Million |
|
Market
Forecast in 2034 |
USD 915.41 Million |
|
CAGR % 2024-2034 |
6.2% |
|
Base
Year |
2023 |
|
Historic Data |
2019-2023 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Nature, By
Sales Channel, By End-use and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Market Dynamics & Restraints
Global Wheat Germ Oil Market Opportunity:
We Market
Research: Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into global Wheat Germ Oil market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Wheat Germ Oil Market Segmentation
Market- By Nature Analysis
By nature, the Wheat Germ Oil market analysis is categories into organic and conventional. Conventional segment dominates the market with the largest share, accounting for over 68% of the market in 2023. While the growth rate for conventional wheat germ oil is lower than that of organic oil, it is expected to maintain steady demand due to its lower cost, particularly in the food and cosmetics industries. Conventional wheat germ oil is commonly used in personal care formulations, such as moisturizers, shampoos, and body oils, especially in regions where organic certifications are less emphasized.
The
following segments are part of an in-depth analysis of the global Wheat Germ
Oil market:
|
Market Segments |
|
|
By Nature |
·
Organic ·
Conventional |
|
By Sales
Channel |
·
B2B ·
B2C o
Store Based Retail o
Hypermarkets/Supermarkets o
Specialty Stores o
Convenience Stores o
Online Retailing |
|
By End-use |
·
Cosmetics ·
Dietary Supplements ·
Pharmaceuticals ·
Food Industry ·
Feed Industry ·
Others |
Wheat Germ Oil Industry: Regional Analysis
North America Market Forecast
North America holds a significant portion of the global wheat germ oil market, accounting for around 35% of the total market share in 2023. This region is a key consumer of wheat germ oil due to the high demand for natural and organic ingredients in personal care, health supplements, and functional foods. In North America, there is a strong preference for natural and organic products, especially in the skincare, haircare, and dietary supplements industries. Wheat germ oil’s high vitamin E content and antioxidant properties make it a popular choice for these markets. Organic wheat germ oil is particularly popular in the U.S. and Canada due to the growing trend toward clean beauty and organic skincare products. Organic certification adds value to wheat germ oil in this region.
Europe Market Statistics
Europe is one of
the significant markets for Wheat Germ Oil. The market in this region is driven
by increasing consumer demand for natural, sustainable, and organic products.
European consumers, especially in countries like Germany, the UK, and France,
are increasingly focused on sustainable and organic products. Wheat germ oil,
often marketed as an organic and eco-friendly ingredient, aligns well with
these consumer preferences. Europe is one of the largest markets for personal
care products, with natural oils like wheat germ oil being used in a variety of
skincare and anti-aging products.
Asia Pacific Market Forecasts
The Asia Pacific
region is one of the fastest-growing markets for wheat germ oil. Demand is
rising due to increasing awareness of the benefits of wheat germ oil and the
growing middle class with higher purchasing power. In countries like China,
Japan, and India, there is a noticeable shift toward natural ingredients in
personal care and health products, which has spurred the growth of wheat germ
oil in skincare, haircare, and dietary supplements. With rising incomes,
consumers in the Asia Pacific region are increasingly seeking premium personal
care and health products, including those containing wheat germ oil.
Middle East & Africa Market Statistics
The Middle East
has a strong demand for luxury beauty products, and wheat germ oil, with its
rich vitamin E content, is increasingly used in premium skincare products. In
countries like the UAE and Saudi Arabia, there is a growing trend toward
wellness and natural health supplements, leading to a rise in the use of wheat
germ oil in functional foods and supplements.
Latin America Market Statistics
As awareness of
health and wellness grows, particularly in Brazil and Mexico, consumers are
shifting toward natural ingredients in skincare and health supplements. As the
middle class expands in countries like Brazil, disposable income rises,
enabling consumers to invest in premium health and wellness products, including
those containing wheat germ oil.
Key Market Players
The Global Wheat Germ Oil Market is dominated by a few
large companies, such as
·
NOW Foods
·
Country Farms
·
General Nutrition Centers, Inc.
(GNC)
·
VITACOST
·
Swanson Health Products
·
Flora Inc.
·
Henan Kunhua Biological Technology
Co., Ltd.
·
ARISTA Industries Inc.
·
CONNOILS LLC
·
Kanta Enterprises Pvt. Ltd.
·
Herbs America, Inc.
·
Proteco Oils
·
Grupo Plimon
·
Others
1.
Global
Wheat Germ Oil Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Wheat Germ Oil Market
Scope and Market Estimation
1.2.1. Global Wheat Germ Oil Overall
Market Size (US$ Bn) and Volume (Tons), Market CAGR (%), Market forecast (2024
- 2034)
1.2.2. Global Wheat Germ Oil Market
Revenue Share (%) and Volume Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034
1.3. Market Segmentation
1.3.1. Nature of Global Wheat Germ Oil
Market
1.3.2. Sales Channel of Global Wheat
Germ Oil Market
1.3.3. End-use of Global Wheat Germ Oil
Market
1.3.4. Region of Global Wheat Germ Oil
Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Limitations
2.5.3. Opportunities
2.5.4. Impact Analysis of Drivers and
Restraints
2.6. Key Developments
2.7. Porter’s Five Forces Analysis
2.7.1. Bargaining Power of Suppliers
2.7.2. Bargaining Power of Buyers
2.7.3. Threat of Substitutes
2.7.4. Threat of New Entrants
2.7.5. Competitive Rivalry
2.8. PEST Analysis
2.8.1. Political Factors
2.8.2. Economic Factors
2.8.3. Social Factors
2.8.4. Technology Factors
2.9. Key Regulation
3.
Global Wheat Germ Oil Market Estimates & Historical Trend Analysis (2019 - 2023)
4. Global
Wheat Germ Oil Market Estimates &
Forecast Trend Analysis, by Nature
4.1. Global Wheat Germ Oil Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecast, by Nature, 2019 -
2034
4.1.1. Organic
4.1.2. Conventional
5. Global
Wheat Germ Oil Market Estimates &
Forecast Trend Analysis, by Sales Channel
5.1. Global Wheat Germ Oil Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Sales Channel, 2019
- 2034
5.1.1. B2B
5.1.2. B2C
5.1.2.1.
Store
Based Retail
5.1.2.2.
Hypermarkets/Supermarkets
5.1.2.3.
Specialty
Stores
5.1.2.4.
Convenience
Stores
5.1.2.5.
Online
Retailing
6. Global
Wheat Germ Oil Market Estimates &
Forecast Trend Analysis, by End-use
6.1. Global Wheat Germ Oil Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by End-use, 2019 -
2034
6.1.1. Cosmetics
6.1.2. Dietary Supplements
6.1.3. Pharmaceuticals
6.1.4. Food Industry
6.1.5. Feed Industry
6.1.6. Others
7.
Global Wheat Germ Oil Market Estimates & Forecast Trend Analysis,
by Region
7.1. Global Wheat Germ Oil Market
Revenue (US$ Bn) and Volume (Tons) Estimates and Forecasts, by Region, 2019 -
2034
7.1.1. North America
7.1.2. Eastern Europe
7.1.3. Western Europe
7.1.4. Asia Pacific
7.1.5. Middle East & Africa
7.1.6. Latin America
8.
North
America Wheat Germ Oil Market: Estimates & Forecast Trend Analysis
8.1.
North
America Wheat Germ Oil Market Assessments & Key Findings
8.1.1. North America Wheat Germ Oil
Market Introduction
8.1.2. North America Wheat Germ Oil
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
8.1.2.1. By Nature
8.1.2.2. By Sales Channel
8.1.2.3. By End-use
8.1.2.4. By Country
8.1.2.4.1. The U.S.
8.1.2.4.2. Canada
8.1.2.4.3. Mexico
9.
Western
Europe Wheat Germ Oil Market: Estimates & Forecast Trend Analysis
9.1. Western Europe Wheat Germ Oil
Market Assessments & Key Findings
9.1.1. Western Europe Wheat Germ Oil
Market Introduction
9.1.2. Western Europe Wheat Germ Oil
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
9.1.2.1. By Nature
9.1.2.2. By Sales Channel
9.1.2.3. By End-use
9.1.2.4.
By
Country
9.1.2.4.1.
Germany
9.1.2.4.2.
Italy
9.1.2.4.3.
U.K.
9.1.2.4.4.
France
9.1.2.4.5.
Spain
9.1.2.4.6.
Benelux
9.1.2.4.7.
Nordics
9.1.2.4.8. Rest
of W. Europe
10. Eastern Europe Wheat
Germ Oil Market: Estimates &
Forecast Trend Analysis
10.1. Eastern Europe Wheat Germ Oil
Market Assessments & Key Findings
10.1.1. Eastern Europe Wheat Germ Oil
Market Introduction
10.1.2. Eastern Europe Wheat Germ Oil
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
10.1.2.1. By Nature
10.1.2.2. By Sales Channel
10.1.2.3. By End-use
10.1.2.4. By Country
10.1.2.4.1.
Russia
10.1.2.4.2.
Hungary
10.1.2.4.3.
Poland
10.1.2.4.4.
Balkan & Baltics
10.1.2.4.5. Rest of E. Europe
11. Asia Pacific Wheat
Germ Oil Market: Estimates &
Forecast Trend Analysis
11.1. Asia Pacific Market Assessments
& Key Findings
11.1.1. Asia Pacific Wheat Germ Oil
Market Introduction
11.1.2. Asia Pacific Wheat Germ Oil
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
11.1.2.1. By Nature
11.1.2.2. By Sales Channel
11.1.2.3. By End-use
11.1.2.4. By Country
11.1.2.4.1. China
11.1.2.4.2. Japan
11.1.2.4.3. India
11.1.2.4.4. Australia & New Zealand
11.1.2.4.5. South Korea
11.1.2.4.6. ASEAN
11.1.2.4.7. Rest of Asia Pacific
12. Middle East & Africa Wheat
Germ Oil Market: Estimates &
Forecast Trend Analysis
12.1. Middle East & Africa Market
Assessments & Key Findings
12.1.1. Middle
East & Africa Wheat
Germ Oil Market Introduction
12.1.2. Middle
East & Africa Wheat
Germ Oil Market Size & Volume Estimates and Forecast (US$ Billion & Tons)
(2019 - 2034)
12.1.2.1. By Nature
12.1.2.2. By Sales Channel
12.1.2.3. By End-use
12.1.2.4. By Country
12.1.2.4.1. UAE
12.1.2.4.2. Saudi
Arabia
12.1.2.4.3. Turkey
12.1.2.4.4. South
Africa
12.1.2.4.5. Rest of
MEA
13. Latin America
Wheat Germ Oil Market: Estimates &
Forecast Trend Analysis
13.1. Latin America Market Assessments
& Key Findings
13.1.1. Latin America Wheat Germ Oil
Market Introduction
13.1.2. Latin America Wheat Germ Oil
Market Size & Volume Estimates and Forecast (US$ Billion & Tons) (2019
- 2034)
13.1.2.1. By Nature
13.1.2.2. By Sales Channel
13.1.2.3. By End-use
13.1.2.4. By Country
13.1.2.4.1. Brazil
13.1.2.4.2. Argentina
13.1.2.4.3. Colombia
13.1.2.4.4. Rest of
LATAM
14. Country Wise Market:
Introduction
15. Competition Landscape
15.1. Global Wheat Germ Oil Market Product
Mapping
15.2. Global Wheat Germ Oil Market
Concentration Analysis, by Leading Players / Innovators / Emerging Players /
New Entrants
15.3. Global Wheat Germ Oil Market Tier
Structure Analysis
15.4. Global Wheat Germ Oil Market
Concentration & Company Market Shares (%) Analysis, 2023
16. Company Profiles
16.1. NOW Foods
16.1.1. Company Overview & Key Stats
16.1.2. Financial Performance & KPIs
16.1.3. Product Portfolio
16.1.4. SWOT Analysis
16.1.5. Business Strategy & Recent
Developments
Similar details would be provided
for all the players mentioned below
16.2. Country Farms
16.3. General
Nutrition Centers, Inc. (GNC)
16.4. VITACOST
16.5. Swanson Health
Products
16.6. Flora Inc.
16.7. Henan Kunhua
Biological Technology Co., Ltd.
16.8. ARISTA
Industries Inc.
16.9. CONNOILS LLC
16.10. Kanta
Enterprises Pvt. Ltd.
16.11. Herbs America,
Inc.
16.12. Proteco Oils
16.13. Grupo Plimon
16.14. Others
17. Research
Methodology
17.1. External Transportations /
Databases
17.2. Internal Proprietary Database
17.3. Primary Research
17.4. Secondary Research
17.5. Assumptions
17.6. Limitations
17.7. Report FAQs
18. Research
Findings & Conclusion
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size of Wheat Germ Oil Market in 2024?
Wheat Germ Oil Market was valued at USD 482.59 Million in 2024.
What is the growth rate for the Wheat Germ Oil Market?
Wheat Germ Oil Market size will increase at approximate CAGR of 6.2% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the market are Country Farms, General Nutrition Centers, Inc. (GNC), VITACOST, Swanson Health Products, Flora Inc., Henan Kunhua Biological Technology Co., Ltd., ARISTA Industries Inc., CONNOILS LLC and others.
Which region dominates the Wheat Germ Oil Market?
North America dominates the market with an active share of 35%.
}})
Select a license type that suits your business needs
US $3499
Only Three Thousand Four Hundred Ninety Nine US dollar
- 1 User access
- 15% Additional Free Customization
- Free Unlimited post-sale support
- 100% Service Guarantee until achievement of ROI
US $4499
Only Four Thousand Four Hundred Ninety Nine US dollar
- 5 Users access
- 25% Additional Free Customization
- Access Report summaries for Free
- Guaranteed service
- Dedicated Account Manager
- Discount of 20% on next purchase
- Get personalized market brief from Lead Author
- Printing of Report permitted
- Discount of 20% on next purchase
- 100% Service Guarantee until achievement of ROI
US $5499
Only Five Thousand Four Hundred Ninety Nine US dollar
- Unlimited User Access
- 30% Additional Free Customization
- Exclusive Previews to latest or upcoming reports
- Discount of 30% on next purchase
- 100% Service Guarantee until achievement of ROI