Wheatgrass products are derived from the freshly sprouted leaves of the common wheat plant, Triticum aestivum. It has antioxidant, antibacterial, and anti-inflammatory properties. It assists in lowering cholesterol levels which lessens the risk of developing heart diseases. Moreover, the nutrients in the wheatgrass aid in removing impurities and stored toxins from the body. These health promoting attributes of the wheatgrass products is driving the growth of the market.
The global wheatgrass products market has been segregated, by category, into organic and conventional. The conventional segment is expected to dominate the global wheatgrass products market during the assessment period. However, the organic segment is expected to grow at a higher CAGR during the forecast period owing to the rising preference of consumers for organic products. The awareness of the benefits of organic products is increasing, which is expected to drive the growth of the segment.
Regional Analysis:
On the basis of region, the global wheatgrass products market has been segmented by North America, Europe, Asia-Pacific, and RoW. North America is expected to dominate the global wheatgrass products market owing to increased health conscious population. Moreover, the growing demand for organic products, especially in the US is expected to drive the organic wheatgrass products market. Europe is also estimated to hold a prominent share in the global wheatgrass products market with growing demand for functional food and beverages among the consumers in this region.
The wheatgrass products market in Asia-Pacific is expected to grow rapidly due to the increasing adoption of healthy diets by the rising health-conscious population. Emerging markets such as China and India are projected to contribute to the growth of the regional wheatgrass products market. Manufacturers are investing heavily in these markets and new product launches with innovations in flavor and taste of the wheatgrass products is expected to surge the growth of the market during the forecast period.
Key Players:
Some of the key players in the global wheatgrass products market are Navitas Organics (US), Naturya (England), Bondi Wheatgrass Juice Company (Australia), Pines International (US), Lifestream International Ltd (New Zealand), Synergy Natural (Australia), Amazing Grass (US), Antler Farms (New Zealand), Organic India (India), and Kapiva (India)
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