Market Size of Wheatgrass Product Industry
| 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 |
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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.
