Wheat Germ Oil for Cosmetics Market Size Worth $8.90 Billion By 2025

The global wheat germ oil for cosmetics market size is likely to reach USD 8.90 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 4.6% during the forecast period. Increasing consumer disposable income coupled with the need to maintain a healthy lifestyle is expected to contribute to the demand for cosmetics made using essential oils, such as wheat germ oil. The plethora of application in skin and hair loss treatment, anti-aging massage, and aromatherapy are anticipated to fuel the demand for wheat germ oil.

Owing to easy availability, the demand for wheat is mainly driven by India, China, Australia, Russia, and Ukraine. Rising population and disposable income in the emerging economies of Asia and Africa are expected to have a positive impact on the wheat market. The increasing direct human consumption of wheat along with easy availability of feedstock is expected to play a crucial role in boosting the overall production of wheat. However, the availability of wheat to produce wheat germ oil is likely to decline over the forecast period with increasing global demand for food aligned with an escalating population.

Distribution channel is another significant factor contributing to the growth of the global wheat germ oil for cosmetics market. With the rising E-commerce industry, there is a huge potential for manufacturers to increase their profitability as the operating costs of online business lower than that of physical stores. The number of retailers has grown globally with the establishment of hypermarkets, supermarket, and drug stores, wherein, the increasing number of stores of major retailers has propelled sales in this market. Wide reach of these stores helps manufacturers to boost their customer base for cosmetics and personal care products thereby catering to the specific consumer requirements in the vicinity.

In terms of volume, Asia Pacific is projected to witness the fastest growth over the forecast period where China and India are among the leading market contributors. Significant growth of the regional cosmetics industry, driven primarily by countries such as India, China, Thailand, and South Korea, is anticipated to bode well for the global market. The region also accounts for a major portion of wheat germ oil production. Europe and North America are other major regions owing to their well-established and dynamic personal care industries. These industries are also responsible for the market growth in Central and South America and Middle East and Africa.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/wheat-germ-oil-cosmetics-market

Further key findings from the report suggest:

  • Central and South America is projected to witness a CAGR of 3.5% in terms of revenue over the forecast years, to reach a market size of USD 208.5 million by 2025
  • Asia Pacific is expected to observe remarkable CAGR of 5.8% in terms of revenue during the forecast period owing to easy availability of raw materials which facilitates considerable reduction in production costs and result in higher margins for manufacturers
  • The market is partially consolidated and competitive in nature, with the presence of numerous multinational players
  • Some of the key companies present in the wheat germ oil for cosmetics market are Connoils, Panhandle Milling, John Aromas, Now Foods, Provital Group, AG Industries and Henry Lamotte Oils Gmbh.

Lignans Market Size Worth $593.4 Million By 2027

The global lignans market size is projected to reach USD 593.4 million by 2027 registering a CAGR of 6.8%, according to a new report by Grand View Research, Inc. The demand for lignans is projected to be driven by the rising awareness about the benefits of consuming a healthy diet and growing incidences of lifestyle diseases, such as diabetes, high blood pressure & cholesterol levels, and obesity. Commercially, lignans are extracted from sesame, flax, & pumpkin seeds, corn, wheat, pea, strawberry, and broccoli.

Growing product applications in the pharmaceutical and food industries on account of its anti-cancer, anti-viral, anti-microbial, and anti-inflammatory properties are projected to drive the market over the next few years. Lignans derived from cereals, such as corn, oats, barley, and rye, are majorly incorporated in manufacturing various food products, including macaroni, couscous, cheerios, wholegrain biscuits, and granola bars. Increasing consumption of cereal-based foods, such as oatmeal, muesli, raisin bran, and compressed puffed rice, is likely to spur the overall market growth.

Lignans are predominantly used to incorporate antioxidant and estrogen attributes to food products, such as cereals, energy bars, whole-grain bread, crackers, semolina pasta, meatless meals, and other snack foods. Lignans in the aforementioned foods are precursors of mammalian lignans and are linked with decreased risk of cancer and Cardiovascular Diseases (CVDs). This factor is anticipated to positively influence product demand in the global market. Asia Pacific is expected to account for the largest market share by 2027 due to technological developments, changing demographics and lifestyles, and favorable research studies in the region. However, North America is estimated to register the fastest CAGR from 2020 to 2027.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/lignans-market

Further key findings from the report suggest:

  • The cereals & grains segment led the market in 2019 and is projected to expand further at a steady a CAGR of 6.4% over the forecast period as products have low saturated fat and are a rich source of proteins, vitamins, carbohydrates, minerals, and phytochemicals
  • The plant resins source segment is estimated to record the fastest CAGR during the forecast period
  • The pharmaceuticals industry in Europe is projected to exhibit significant growth on account of the development of novel products by key manufacturers in the region
  • The European Medicines Agency’s initiatives, such as the Priority Medicines initiative (PRIME), aimed at strengthening the development of drugs for unrealized medical conditions, are likely to augment the regional market growth
  • Various agencies, such as the Department of Biochemistry and Human Biology (DBBH) and Research Institute for Medicines (iMed.ULisboa), are investing in R&D to develop new product applications in pharmaceutical & medical
  • For instance, in January 2020, iMed.ULisboa and the Department of Food Science and Technology, University of Ljubljana, published a research paper on ‘Polyphenols from Food and Natural Products: Neuroprotection and Safety’ on the MDPI forum
  • Four major classes of polyphenols, such as stilbenes, flavonoids, lignans, and phenolics, were highly acknowledged as potential therapeutics for CVDs, neurodegeneration, obesity, and cancer

Lactase Market Size Worth $276.4 Million By 2027

The global lactase market size is projected to reach USD 276.4 million by 2027 registering a CAGR of 5.1%, according to a new report by Grand View Research, Inc. Increasing awareness among individuals regarding health and wellness has led to a rise in consumption of enzyme-based foods, such as milk powder, butter, infant milk formula, and sour cream; which not only adds useful nutrients to the diet but also improves digestion. The ability of the lactase enzymes to maintain freshness and increase the shelf-life of dairy products is projected to further augment the market growth.

Lactose-free milk is obtained by adding lactase enzyme to regular milk. Similar to regular milk, lactose-free dairy products are a good source of calcium, protein, phosphorus, riboflavin, and vitamin B12 & D. The demand for lactase in dairy applications is likely to witness a steady growth over the forecast period on account of the convenience of lactose-free milk to be swapped in for regular milk in various food preparations.

Lactase is predominantly consumed in the powdered form. The product is majorly used to convert low-solubility and light sweetness lactose to more soluble and sweeter monosaccharides in the food & beverage industry, especially in the dairy industry. This factor, together with the ability of the product to reduce the crystallization of lactose in concentrated milk, ice cream, and condensed milk, is projected to further drive the product demand.

According to the research by the National Institutes of Health (NIH), over 65% of the global human population is prone to lactose intolerance and over 5% of the population in the U.K., Belgium, Sweden, and the Netherlands suffer from lactose maldigestion. Thus, the product demand in Europe is projected to witness high growth over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/lactase-market

Further key findings from the study suggest:

  • In terms of revenue, the yeast segment accounted for the largest market share of over 44% in 2019 and will expand further at a steady CAGR from 2020 to 2027 due to the high demand for yeast-based lactase in dairy processing and dietary supplements industries
  • Food & beverages was the largest application segment in 2019 owing to extensive product usage in milk, condensed milk, ice-cream, cheese, milk powder, and yogurt
  • North America is anticipated to exhibit steady growth over the coming years on account of rising cases of lactose-intolerance in the region
  • In addition, factors, such as nutritional benefits and easy digestibility, have resulted in the growing adoption of lactose-free products in North America
  • Key companies are adopting various strategies, such as clinical trials, new product launches, M&A, and R&D investments to increase their market share
  • However, the lack of technical expertise and high processing cost of lactase extraction is projected to inhibit the industry growth
  • In May 2019, Chr. Hansen Holding A/S launched LACTOSENS R, a lactose biosensor test kit to document lactose concentrations across all dairy applications

Organic Personal Care Ingredients Market Worth $12.4 Billion By 2027

The global organic personal care ingredients market demand is estimated to reach USD 12.4 billion by 2027, exhibiting a volume-based CAGR of 5.4% over the forecast period, according to a new report published by Grand View Research, Inc. Rising awareness among consumers from Europe and North America regarding the harmful side effects of the conventional synthetic and chemical ingredients is expected to drive the growth.

Personal care active ingredients

Organic personal care ingredients are produced majorly from plant extracts without the introduction of any chemicals or agrochemicals. Skin care, hair care, oral care, and cosmetics are the major application areas for these products. They can be segmented on the basis of ingredient type such as natural surfactants, emollients, active ingredients, sugar polymers, and others.

The natural appeal of products manufactured using organic personal care ingredients is one of the major factors driving the growth of the market. North America and Europe are anticipated to witness significantly high demand owing to the presence of a large number of millennial population. However, significant concentration of the personal care and cosmetics industry in East Asian countries, such as India and China has significantly driven the product consumption in Asia Pacific.

Increasing R&D investments coupled with associated technological innovations in the area of plant extracts and optimization of the process of extraction has accelerated the production volume of organic personal care ingredients in the market. However, a significantly large entry barrier for the new players owing to the requirement for a high capital investments in bio-refinery set-up coupled with government regulation compliance poses as a significant threat to new entrants.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/organic-personal-care-ingredients-market

Further key findings from the report suggest:

  • In North America, the natural surfactants product segment is poised to expand at a CAGR of 3.1% in terms of revenue over the forecast period
  • Demand from U.S. is anticipated to continue occupying a significant market share in near future. Growing inclination toward natural and user-friendly ingredients based products is a primary growth stimulant
  • The market for organic personal care ingredients is highly competitive in nature with the presence of a number of multinational companies with huge product portfolios
  • Some of the key companies present in the organic personal care ingredients market are AkzoNobel N.V.; Cargill, Inc.; BASF SE; The Lubrizol Corporation; Croda International Plc; Huntsman International LLC.; Ingredion Incorporated; Clariant International Ltd.; and Evonik Industries. The companies engage in mergers and acquisitions and portfolio expansions to gain greater market share