Wheatgrass Powder Market - Global Industry Analysis, Share, Growth, Trends and Forecast Till 2024

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Global Wheatgrass Market Research Report and Forecast

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Global Wheatgrass Market Overview: The latest report by IMARC Group, entitled “Wheatgrass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024�, finds that the global wheatgrass market size reached 3,267 Tons in 2018. Wheatgrass is the young grass of the wheat plant Triticum aestivum that is most commonly found in the temperate regions across Europe and the United States. It is rich in iron, calcium, enzymes, magnesium, phytonutrients, amino acids, proteins, chlorophyll, and vitamins A, C, E, K, and B complex. As a result, it offers numerous health benefits including wound healing, blood purification, and restoration of healthy cells. It also aids in treating various health disorders such as cancer, arthritis, diabetes, inflammation, parasitic infections and respiratory tract problems. Owing to these benefits, it is widely utilized as a key ingredient in several dietary supplements in the form of juice, capsules, powder, pills and tablets.

Wheatgrass Market Trends On account of the numerous health benefits offered by the consumption of wheatgrass, it is constantly gaining popularity amongst the health-conscious consumers across the globe. Furthermore, wheatgrass products are extensively utilized by the aging population for improving their immune system and overall physical health, which in turn, is strengthening the market growth.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Million US$

in Million US$

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180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

Apart from this, they are also launching innovative variants such as flavored products with improved shelf life and portable packaging. On account of the aforementioned factors, the wheatgrass market is anticipated to reach a volume of 4,527 Tons by 2024, expanding at a CAGR of 5.6% during 2019-2024.

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In addition to this, wheatgrass is now being widely utilized in the personal care industry to treat different skin conditions including acne, eczema, wounds, psoriasis, chapped lips, athlete's foot and hemorrhoids. Manufacturers are also introducing organic variants that are produced without the use of artificial additives and chemical fertilizers.

Key Market Segmentation: Market Segmentation by Product • •

Wheatgrass Liquid Wheatgrass Powder

On the basis of the product, the market has been bifurcated into powder and liquid. Amongst these, wheatgrass liquid is the most preferred product type.

Market Segmentation by Applications • •

Health and Nutrition Pharmaceuticals

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Food and Beverages

Based on the application, the health and nutrition segment accounts for the majority of the total market share. Other major segments include pharmaceuticals, and food and beverages.

Market Segmentation by Raw Material • •

Regular Wheatgrass Organic Wheatgrass

On the basis of the raw material, the market has been divided into organic and regular wheatgrass.

Currently, organic wheatgrass exhibits a clear dominance in the market.

Market Segmentation by Region • • • •

North America Europe Asia-Pacific Middle East and Africa

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Latin America

On the geographical front, North America holds the leading position in the market. Other key regions include Europe, Asia Pacific, Latin America, and Middle East and Africa.

Competitive Landscape: The competitive landscape of the market has also been studied along with the detailed profiles of the major players operating in the market.

For more information, click here: https://www.imarcgroup.com/wheatgrass-market

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of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

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