Wheatgrass Product Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 11.14 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Wheatgrass Product Market Analysis
The wheatgrass product market is projected to register a CAGR of 11.14% during the forecast period.
- The global wheatgrass products market is experiencing significant growth due to the increasing health consciousness among people worldwide. Wheatgrass has numerous health benefits and is rich in nutrients, antioxidants, and antibacterial and anti-inflammatory properties. With no sugar content, it contains a good amount of fiber, approximately 4 grams per tablespoon of wheatgrass powder, which effectively helps in maintaining digestive health. The high levels of enzymes in wheatgrass aid in digestion, facilitating the breakdown of food and the absorption of nutrients. This helps in relieving constipation, irritable bowel syndrome, and other digestive issues. These beneficial factors are driving the sales of wheatgrass products globally.
- In addition, wheatgrass juice has been found to reduce chemotherapy-related hematological toxicity in breast cancer patients. As cancer concerns continue to grow among people, consumers are increasingly shifting toward wheatgrass products. According to Breastcancer.org, breast cancer accounts for 12.5% of all new cancer cases worldwide each year, making it the most prevalent cancer in the world. It is estimated that invasive breast cancer will occur in approximately 13% of American women throughout the course of their lifetime. Furthermore, 51,400 new cases of non-invasive (in situ) breast cancer and 287,850 new cases of invasive breast cancer were detected in women in the United States in 2022.
- Moreover, due to its anti-oxidation and detoxification properties, pharmaceutical industries are adopting wheatgrass as an active ingredient in many of their formulations. This increasing use of wheatgrass in different industries is expected to further increase its usage, benefiting the market. The organic wheatgrass products market is also witnessing robust growth due to its nutritional benefits, leading companies to extend their research activities and develop new formulations.
- In conclusion, the global wheatgrass products market is experiencing significant growth due to increasing health awareness and the numerous health benefits associated with wheatgrass. The market is expected to continue growing as consumers increasingly seek natural and organic products that offer health benefits.
Wheatgrass Product Market Trends
Surge in Demand for Superfoods
- The wheatgrass market is expanding, thanks to consumers' increasing spending on healthy food items due to improving economic conditions and rising income. Superfoods are gaining popularity as they provide specific health benefits beyond regular nutrient intake, such as better cholesterol management, heart health, digestive health, and improved eye health and vision. The growing demand for nutritional and fortifying foods and juices is expected to drive market growth.
- According to the British Soft Drinks Association, the combined consumption of sports and energy drinks in the United Kingdom reached 906 million liters in 2021. This figure represents a steady increase in consumption compared to 2019, when 856 million liters of sports and energy drinks were consumed. More players are entering the market by expanding their product portfolios to cater to the growing demand.
- For instance, in 2022, Brattleboro Food Co-op launched WOW Wonders of Wheatgrass organic wheatgrass shots, which are now available in a 6-pack in the freezer aisle. These shots are claimed to be certified organic by WOW, and their launch represents a response to the growing demand for fortified superfoods. This is just one example of how companies are expanding their product lines to meet the needs of health-conscious consumers. These developments and the increasing interest of people in fortified superfoods are expected to support the market's growth during the forecast period.
North America Holds the Largest Share
- The North American region holds the largest share of the global wheatgrass product market, followed by Europe. The United States dominates the wheatgrass product market due to the increasing number of health-conscious consumers and growing demand for organic food products. Moreover, the rising demand for plant-based functional products among consumers in the United States, Canada, and Mexico is further driving the demand for wheatgrass products in the region.
- Manufacturers are also leveraging the popularity of wheatgrass by combining it with other ingredients like chia, kale, moringa, and spirulina, among others, to add value to the product and attract more consumers in the region.
- The demand for natural energy and nutrition is on the rise, and this trend is attracting more manufacturers to launch clean-labeled, organic wheatgrass products in the region. Additionally, wheatgrass has been found to have antioxidant and anti-inflammatory properties, making it effective for the treatment of various diseases such as diabetes, obesity, blood disorders, gastrointestinal problems, oral cancer, and inflammation. As the prevalence of diseases like obesity continues to rise in the region, the sales of wheatgrass products are expected to increase in response.
- For instance, in 2021, according to the State of Obesity, 41 states in the United States had an adult obesity rate of 30% or higher, with 19 states having a rate higher than or equal to 35%. The existence of such health concerns is creating a growing demand for wheatgrass products in the region, which is expected to continue to rise during the forecast period.
Wheatgrass Product Industry Overview
The global market for wheatgrass products is highly competitive, with numerous players vying for market share. To remain competitive, companies are investing in product innovation, with a focus on value-added ingredients. For example, NutriBlade offers a variety of wheatgrass-based ready-to-drink beverages in flavors such as wild blueberry, sweet pear, and tart cherry. Expanding their production capacity and distribution network is a popular strategy for companies looking to gain an edge in the market. Major players in the market include Pines International Inc., Nestl茅 S.A., Glanbia plc, NOW Foods, and Naturya Limited, among others.
Wheatgrass Product Market Leaders
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Pines International Inc.
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Nestl茅 S.A.
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Glanbia plc
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NOW Foods
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Naturya Limited
*Disclaimer: Major Players sorted in no particular order
Wheatgrass Product Market News
- December 2021: Wheatgrass Juice Bar has expanded its presence by opening a second location in the Wesleyan Park Plaza, right beside Pure Barre. To enhance the customer experience, the company has launched a new app that streamlines the ordering process and makes it more convenient for customers.
- March 2021: JIVO Wellness, a company based in New Delhi, India, has recently introduced a new line of products, which includes a refreshing wheatgrass summer drink. To ensure that its products reach a wider audience, the company has partnered with major e-commerce platforms and superstores for distribution.
- February 2021: In an effort to make wheatgrass accessible to everyone, Living MaKa launched its first line of convenient, ready-to-drink wheatgrass beverages. To increase availability, MaKa partnered with UNFI and KeHE in July 2022 to expand distribution to independent and natural stores on both a regional and national scale.
Wheatgrass Product Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Product Type
5.1.1 Juice
5.1.2 Powder
5.1.3 Pills
5.2 Distribution Channel
5.2.1 Supermarket/Hypermarket
5.2.2 Specialist Retailers
5.2.3 Online Retail Stores
5.2.4 Other Distribution Channels
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Italy
5.3.2.6 Spain
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 South Africa
5.3.5.2 Saudi Arabia
5.3.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Living MaKa P.B.C.
6.3.2 Pines International Inc.
6.3.3 Naturya Limited
6.3.4 Glanbia plc (Amazing Grass)
6.3.5 NOW Foods
6.3.6 Nestl茅 S.A. (Garden of Life)
6.3.7 Baidyanath Group
6.3.8 AquaBella Organic Solutions, LLC (Unleash Organics )
6.3.9 Jivo Wellness Pvt. Ltd.
6.3.10 Terrasoul Superfoods
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Wheatgrass Product Industry Segmentation
Wheatgrass is the young grass of the wheat plant Triticum aestivum. It is usually consumed as a juice or a powder and is considered a superfood due to its high nutrient content. Wheatgrass is rich in vitamins, minerals, and antioxidants and is often used as a dietary supplement to boost energy, detoxify the body, and support overall health.
The global wheatgrass product market is segmented based on product type, distribution channel, and geography. By product type, the market is segmented as juice, powder, and pills. Based on distribution channels, the market is segmented as supermarkets/hypermarkets, specialist retailers, online retail stores, and other distribution channels. The report also covers a detailed geographical analysis, including regions like North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
| Product Type | |
| Juice | |
| Powder | |
| Pills |
| Distribution Channel | |
| Supermarket/Hypermarket | |
| Specialist Retailers | |
| Online Retail Stores | |
| Other Distribution Channels |
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Wheatgrass Product Market Research FAQs
What is the current Wheatgrass Product Market size?
The Wheatgrass Product Market is projected to register a CAGR of 11.14% during the forecast period (2024-2029)
Who are the key players in Wheatgrass Product Market?
Pines International Inc., Nestl茅 S.A., Glanbia plc, NOW Foods and Naturya Limited are the major companies operating in the Wheatgrass Product Market.
Which is the fastest growing region in Wheatgrass Product Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Wheatgrass Product Market?
In 2024, the North America accounts for the largest market share in Wheatgrass Product Market.
What years does this Wheatgrass Product Market cover?
The report covers the Wheatgrass Product Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Wheatgrass Product Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Wheatgrass Product Industry Report
Statistics for the 2024 Wheatgrass Product market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Wheatgrass Product analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
