India Wheat Germ Oil Market | Industry, Share, Analysis, COVID-19 IMPACT, Size, Companies, Trends, Growth, Value, Revenue & Forecast

India Wheat Germ Oil Market Synopsis

The wheat germ oil market in India is expected to witness substantial growth over the forecast period. This is attributed to increasing demand for healthy food products as well as rising consumption of functional foods. Furthermore, growing awareness about health benefits associated with wheat germ oil such as increased immunity and better digestion will also aid in bolstering growth of the market during the forecast period. Moreover, easy availability through online stores has facilitated its sale despite limited product range offered by local retailers. However, high cost associated with the product might impede growth of India wheat germ oil market during the forecast period.

Market Drivers

The major drivers of the India wheat germ oil market include growing health awareness, rising disposable incomes, increasing urbanization and a shift in consumer preference towards natural products. The rising demand for healthy food is another factor driving growth in the market. Changing lifestyles and increasing health consciousness among consumers have resulted in an increased focus on healthier food options such as wheat germ oil. Moreover, manufacturers are focusing on launching new products with innovative packaging to meet changing consumer tastes which is further driving the growth of this market. Additionally, technological advancements that lower production costs and improve product quality are also contributing to its growth prospects.

Challenges of the Market

High cost of production compared to other vegetable oils such as soybean and sunflower seed oils may restrict its adoption rate in some parts of India, especially among lower income households andLimited supply chain infrastructure leading to unreliable availability at local stores may pose challenges for manufacturers looking to expand their consumer base in rural areas.

Key Players in the Market

The major players in the India wheat germ oil market are Adani Wilmar Ltd., Marico Limited, and Pro Nature Organic Foods Pvt. Ltd, among others. Adani Wilmar Ltd is engaged in the production of edible oils for more than 30 years and produces soya bean oil, sunflower oil, mustard oil, groundnut oil etc. It offers a wide range of products under its brand Fortune to address various needs of customers across India. Marico Limited is another leading player providing different varieties of health foods such as vegetable oils (sunflower, sesame), spreads (butter substitutes) and snacks like nuts & seeds through its brands Saffola and Sundrop. In addition to this, Pro Nature Organic Foods Pvt. Ltd provides organic food items including wheat germ oils that cater to an increasing demand from health conscious consumers

Key Highlights of the Report:

• India Wheat Germ Oil Market Outlook
• Market Size of India Wheat Germ Oil Market, 2023
• Forecast of India Wheat Germ Oil Market, 2030
• Historical Data and Forecast of India Wheat Germ Oil Revenues & Volume for the Period 2020-2030
• India Wheat Germ Oil Market Trend Evolution
• India Wheat Germ Oil Market Drivers and Challenges
• India Wheat Germ Oil Price Trends
• India Wheat Germ Oil Porter's Five Forces
• India Wheat Germ Oil Industry Life Cycle
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Capsules for the Period 2020-2030
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Soft Gels for the Period 2020-2030
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Skincare for the Period 2020-2030
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Hair-care Products for the Period 2020-2030
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Food Products for the Period 2020-2030
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Edible Oil for the Period 2020-2030
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Salads for the Period 2020-2030
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Pasta for the Period 2020-2030
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Germ-enriched Bread for the Period 2020-2030
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Snack Foods for the Period 2020-2030
• Historical Data and Forecast of India Wheat Germ Oil Market Revenues & Volume By Cereals for the Period 2020-2030
• India Wheat Germ Oil Import Export Trade Statistics
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Food Products
• India Wheat Germ Oil Top Companies Market Share
• India Wheat Germ Oil Competitive Benchmarking By Technical and Operational Parameters
• India Wheat Germ Oil Company Profiles
• India Wheat Germ Oil Key Strategic Recommendations