Wheatgrass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Wheatgrass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A999
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Market Overview:

The global wheatgrass market size reached 3,785.8 Tons in 2022. Looking forward, IMARC Group expects the market to reach 5,073.3 Tons by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

Wheatgrass refers to the freshly sprouted leaves of the common wheat plant, Triticum aestivum. On account of its unusual green hue, wheatgrass is also known as green blood. As wheatgrass is a rich source of several nutrients, amino acids, minerals, enzymes and vitamins, it offers supplemental nutrition, improves overall health and helps in detoxifying the body naturally. Wheatgrass can be consumed on its own as a drink, or used in combination with other juices or supplements. Wheatgrass is the young plant belonging to the wheat family that is widely found across temperate regions. It is available in the market as a dietary supplement in powder, capsule and liquid forms. Wheatgrass extracts can also be utilized in the food and beverage sector as a flavoring component. Since it is highly concentrated with nutrients, such as iron, calcium magnesium, proteins, chlorophyll, vitamins, amino acids, enzymes and phytonutrients, it is widely associated with numerous health benefits. Its consumption is known to aid in maintaining cholesterol levels, stimulating metabolism and improving cognitive function. It can also be used as a treatment for anemia, cancer, diabetes, ulcerative colitis, joint pain, parasitic infections and respiratory tract problems. Apart from this, the personal care industry has now started utilizing wheatgrass in diverse product types to treat skin conditions, including acne, wounds, eczema, hemorrhoids, psoriasis, chapped lips and athlete's foot.

Growing awareness regarding the increasing prevalence of lifestyle diseases has led consumers to incorporate health supplements in their diets, thereby increasing the uptake of wheatgrass products on a global level. Apart from this, numerous food and beverage manufacturers are infusing wheatgrass in their products to cater to health-conscious consumers. Inflating disposable income levels and improving living standards of the majority of the population, along with the thriving food and beverage industry, are further providing a thrust to the market growth. Also, an enhanced focus toward sustainable development has led to the availability of organic wheatgrass that is produced without the use of artificial additives and chemical fertilizers. Furthermore, several cafes and restaurants are now experimenting with their menus by incorporating numerous healthy ingredients such as wheatgrass, which is expected to create a positive outlook for the market. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global wheatgrass market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on raw material, product and application.

Breakup by Raw Material:

  • Regular Wheatgrass
  • Organic Wheatgrass
     

Amongst these, organic wheatgrass is the leading segment in the market.

Breakup by Product:

  • Wheatgrass Liquid
  • Wheatgrass Powder
     

At present, wheatgrass liquid exhibits a clear dominance in the market.

Breakup by Application:

  • Health and Nutrition
  • Pharmaceuticals
  • Food and Beverages
     

Currently, health and nutrition account for a majority of the total market share.

Regional Insights:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America
     

On the geographical front, North America holds the leading position in the market.

Competitive Landscape:

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 Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
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$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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)

Key Questions Answered in This Report

The global wheatgrass market reached a volume of 3,785.8 Tons in 2022.  

We expect the global wheatgrass market to exhibit a CAGR of 4.9% during 2023-2028.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of wheatgrass. 

The rising awareness among consumers towards the health benefits of wheatgrass, such as maintaining cholesterol levels, stimulating metabolism, and improving cognitive functions, is primarily driving the global wheatgrass market.

Based on the raw material, the global wheatgrass market can be categorized into regular wheatgrass and organic wheatgrass. Currently, organic wheatgrass accounts for the majority of the total market share.

Based on the product, the global wheatgrass market has been segregated into wheatgrass liquid and wheatgrass powder, where wheatgrass liquid currently holds the largest market share.

Based on the application, the global wheatgrass market can be bifurcated into health and nutrition, pharmaceuticals, and food and beverages. Currently, health and nutrition exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.

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Wheatgrass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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