Global Wheatgrass Market to Grow at 4.4% During 2024-2032, Bolstered by Introduction of Organic Variants

June 14, 2019 | Food & Beverages

According to the latest report by IMARC Group, titled “Wheatgrass Market Report by Raw Material (Regular Wheatgrass, Organic Wheatgrass), Product (Wheatgrass Liquid, Wheatgrass Powder), Application (Health and Nutrition, Pharmaceuticals, Food and Beverages), and Region 2024-2032,” the global wheatgrass market reached a volume of 3,975.0 Tons in 2023. Wheatgrass is the young grass of the wheat plant Triticum aestivum found in the temperate regions across Europe and the United States. It is a rich source of iron, calcium, proteins, enzymes, magnesium, phytonutrients, amino acids, chlorophyll, and vitamins A, C, E, K, and B complex. As a result, wheatgrass offers various health benefits, including blood purification, wound healing and restoration of healthy cells. Nowadays, it is also widely utilized as a key ingredient in juice, capsules, powder, pills and tablets in several dietary supplements.

Global Wheatgrass Market Trends:

The rising awareness among health-conscious consumers about the health benefits of wheatgrass consumption represents the primary factor driving the market. Wheatgrass helps treat numerous health disorders such as cancer, arthritis, diabetes, inflammation, parasitic infections and respiratory tract problems. Furthermore, wheatgrass products are extensively utilized by the geriatric population to improve their immune system and overall physical health, which, in turn, is impelling the market growth. In addition to this, wheatgrass is now being widely used in the personal care industry to treat different skin conditions, including acne, eczema, wounds, psoriasis, chapped lips, athlete's foot and hemorrhoids. Moreover, several leading manufacturers are also introducing organic variants produced without the use of artificial additives and chemical fertilizers. They are also launching innovative variants such as flavored products with improved shelf life and portable packaging. On account of these factors, the market is projected to grow at a CAGR of 4.4% during 2024-2032.

Market Summary:

  • The market has been segmented based on the raw material into regular and organic wheatgrass. Currently, organic wheatgrass dominates the market, holding the largest market share.
  • On the basis of the product, the market has been segmented into wheatgrass liquid and powder. At present, wheatgrass liquid represents the most popular product.
  • 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.
  • Region-wise, North America exhibits a clear dominance in the market. Other major regions are Asia Pacific, Europe, Middle East and Africa, and Latin America.
  • The competitive landscape of the market has also been examined in the report, with the detailed profiles of the key players operating in it.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Tons, US$ Million
Segment Coverage Raw Material, Product, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Wheatgrass Market to Grow at 4.4% During 2024-2032, Bolstered by Introduction of Organic Variants
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