Many factors impact the Wheatgrass Products Market's development and trends. Stress about health and fitness plays a major role. Health-conscious individuals desire natural, nutrient-dense products. Wheatgrass' health properties make it popular.
Sales of wheatgrass items are also affected by lifestyle and diet changes. More people are eating vegetarian, vegan, or plant-based diets, and wheatgrass contains chlorophyll, amino acids, and vitamins. Wheatgrass is adaptable, taken as drinks, pills, or supplements.
Farm management and raw material availability affect the wheatgrass market. Wheatgrass-growing temperatures are vital to the market. How crops are farmed, such as organic or conventional, might affect product choices. Sustainable and ecologically friendly agricultural practices are becoming more popular, changing the market for wheatgrass products created ethically.
The market is rising because more people are learning about wheatgrass' health advantages. Thanks to social media, health blogs, and nutritional education, wheatgrass' health advantages are more known. Because of this, more individuals use wheatgrass products daily, boosting market demand.
Income and price setting effect wheatgrass items sales. Organic or cold-pressed products may appeal to wealthy consumers, while poor consumers desire cheaper options. Companies adjust their prices to appeal to a broad variety of clients and strike a balance between price and quality.
The wheatgrass product industry is competitive, thus big firms seek to differentiate and maintain quality. Companies create new items by blending and formulating existing ones to suit consumer preferences. Wheatgrass is often marketed for its health and unique nutritional profile.
Government food safety and labeling laws impact the market. Quality and health standards must be followed by market actors to protect consumers and develop confidence. Regulatory standards increase wheatgrass products' reliability and market image.
Cultural and societal factors can impact green products sales. Health and fitness-focused societies that value natural therapies are more likely to buy wheatgrass products. Due to an aging population and a better awareness of preventive health care, wheatgrass is becoming increasingly popular.
The Wheatgrass Products Market is constantly evolving. Health and wellness trends, lifestyle changes, agricultural practices, consumer education, economic reasons, market competition, government laws, and cultural developments impact it. Wheatgrass product sales will expand if these market variables remain. Wheatgrass is healthful and can be used in various diets, therefore more people are discovering it.
Wheatgrass Products Market size is estimated to reach a valuation of USD 52.2 Billion by the end of the 2030 at a CAGR rate of 6.3%. Wheatgrass is the freshly sprouted first leaves of wheat plant Triticum aestivum and is considered one of the superfoods with various health benefits associated with it. It is an excellent source of vitamins A, C and E, as well as iron, magnesium, calcium and amino acids. Moreover, it has high level of enzymes that aid in digestion as well as weight loss. Owing to these benefits associated with wheatgrass, the demand for wheatgrass products market is expected to grow among the rising health-conscious population across the globe.
Wheatgrass products available in the market mainly include wheatgrass juice and wheatgrass powder; however, the other wheatgrass products include wheatgrass pills/capsules, and wheatgrass gel, among others. Growing awareness among the consumers for these products will uplift the growth of the market in the coming years. Moreover, growth of organised distribution channel along with inclination of various manufacturers towards e-commerce distribution channel has resulted to an ease in availability of the products in the market which is projected to contribute to the growth of wheatgrass products market during the forecast period.Â
Wheatgrass Products Market has been segmented based on product type, category, distribution channel, and region.
By product type, the global wheatgrass products market has been classified as wheatgrass juice, wheatgrass powder, and others.
On the basis of category, the global market has been divided into organic and conventional.
The global market has also been segregated, on the basis of distribution channel, into store based and non-store based, with the store-based segment sub-divided into supermarkets & hypermarkets, convenience stores, and others.Â
The global wheatgrass products industry has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The North American market has further been segmented into the US, Canada, and Mexico. The European wheatgrass products market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The wheatgrass products industry in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The wheatgrass products industry in the rest of the world has been segmented into South America, the Middle East, and Africa.
Regional Market Summary
Global Wheatgrass products Market Share (%), by Region, 2017
Source: Secondary Sources and MRFR Analysis
North America is expected to dominate the market for wheatgrass products during the forecast period owing to the increased health-conscious population and their inclination towards functional food & beverages. The US is a major driver for the growth of the wheatgrass products market in North America with increased demand for organic wheatgrass products. Europe is also expected to hold a significant share of the global market with growing demand for wheatgrass supplements among the consumers. Germany and the UK are the major contributors to the growth of the European wheatgrass products market. The market in Asia-Pacific is projected to register the highest CAGR during the forecast period with China and India being the largest country-level markets for wheatgrass products in the region. The rising health conscious population along with increasing awareness for wheatgrass products among the consumers is expected to drive the growth of the market. Â
Intended Audience
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)