Press Release

Global Wheat Germ Oil Market is Expected to Reach 203 Million USD by 2024

Date : Aug 21, 2018

New report published by Global QYResearch which offers insights on the global Wheat Germ Oil market. The global Wheat Germ Oil market is valued at USD 125 million in 2017 and is expected to reach USD 203 million by the end of 2024, growing at a Growth Rate of 7.19% between 2017 and 2024.

Global Wheat Germ Oil Market: Market Driver and Restraint

Wheat germ oil is extracted from the germ of the wheat kernel, which makes up only 2.5% by weight of the kernel Wheat germ oil is particularly high in octacosanol- a 28-carbon long-chain saturated primary alcohol found in a number of different vegetable waxes. Octacosanol has been studied as an exercise- and physical performance-enhancing agent.  As cooking oil, wheat germ oil is strongly flavored, expensive and easily perishable.

All manufactures in the world are committed to the improvement of product. Due to the high cost of the product, the price is relative high. 1000 kg wheat can extract only about 15 kg wheat germ, while the wheat germ oil rate of wheat germ is about 10%, the current wheat germ oil yield is about 4-9 % (the wheat germ oil yield of cold pressing method is lower than extraction method). So how to reduce costs and improve market share is the key point for the development of the industry.

Global Wheat Germ Oil Market: Key Takeaways

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. In the future, the market in developed countries will have some growth and the market in developing countries will have a faster growth rate.The people's pursuit of healthy living drives the industry forward.

Global Wheat Germ Oil Market: Forecast by Application

Because of its anti-oxidant and regenerative properties, wheat germ oil is a wonderful ingredient to add to body care and cosmetic products. For massage oil blends, it is recommended that you incorporate 10-15%. The dark color and heavy odor must be considered before using it.

Wheat germ oil then is proven to improve blood circulation and help repair damaged tissues. This is especially the case in the event of skin being damaged by excessive exposure to the harmful UV radiation from the sun - more evidence of those free radicals at work. Wheat germ oil can also be used to help ward off dermatitis, keeping symptoms at bay and preventing relapses of troublesome skin conditions.

Wheat germ has antioxidant and anti-aging properties, which help in preventing many diseases like cancer, cardiovascular disease, etc. It also helps in reducing the signs of aging like fine lines and wrinkles, and also reduces premature aging signs. The regular consumption of wheat germ oil gives you a healthy, long and disease-free life. It prevents many diseases, reduces your stress, and makes you energetic.

Global Wheat Germ Oil Market: Forecast by Form

Wheatgerm is one of the main by‐products of the wheat milling industry, and is generally used for animal feed or oil production. With wheatgerm containing anywhere up to 14% oil, extraction of this oil via pressing and solvent extraction has had some success. The resulting oil is rich in the essential omega‐6 fatty acids and vitamin E, thus making it a speciality oil.

Global Wheat Germ Oil Market: Forecast by Region

Currently, Grupo Plimon, Viobin, Hebei Jiafeng Plant Oils, HOCHDORF Group, Agroselprom and Henan Kun Hua Technology are major manufacturers of this industry. Grupo Plimon is a global leader. The main manufacturers are located in China, the United States and Europe.

Global Wheat Germ Oil Market: Key Players

Grupo Plimon, Viobin, Hebei Jiafeng Plant Oils, HOCHDORF Group, Agroselprom, Henan Kun Hua Technology, Henry Lamotte Oils GmbH,Anyang Guanghua,Gustav Heess, CONNOILS, ARISTA and Kanta Enterprises, are the key vendors included in this report.

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