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.
Wheatgrass
Products Market Analysis
The global market for wheatgrass products has also been
classified, by distribution channel, as store based and non-store based; with
store based segment being sub divided to supermarkets & hypermarkets,
convenience stores, and others. The store based segment is expected to dominate
the market wherein supermarkets & hypermarkets are expected to hold a
prominent share. However, the non-store based segment is expected to register
the highest CAGR during the forecast period. Large number of manufacturers are
focusing on online distribution channel through their own websites which is
projected to drive the growth of non-store based 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)
Complete Report Details @ https://www.marketresearchfuture.com/reports/wheatgrass-products-market-7117
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