Hydrolyzed Wheat Gluten Market Scope
Hydrolyzed wheat gluten is a proteinaceous material derived from natural wheat grains through enzymatic treatment. It can be used as an SMP replacer, as protein fortification in Health drinks, emulsifying protein in Dairy Creamers, Coffee Creamers, Soup Creamers, and Processed Meat products.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Roquette (France), ADM (United States), Cargill (United States), Foodcom S.A. (Poland), Manildra Group (Australia), Xi'an Sheerherb Biological Technology Co., Ltd. (China), Scoular (United States) and Dalian Sinobio Chemistry Co., Ltd. (China) |
CAGR | 5.47% |
Global Hydrolyzed Wheat Gluten is a fragmented market due to the presence of various players. The companies are planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Roquette (France), ADM (United States), Cargill (United States), Foodcom S.A. (Poland), Manildra Group (Australia), Xi'an Sheerherb Biological Technology Co., Ltd. (China), Scoular (United States) and Dalian Sinobio Chemistry Co., Ltd. (China) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Hydrolyzed Wheat Gluten market by Type , by Application (Bread, Cooking, Cattle Feed and Others) and Region with country level break-up.
On the basis of geography, the market of Hydrolyzed Wheat Gluten has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In October 2022, Crespel & Deiters Group presented innovative extrudates, wheat starches and functional blends for improved meat products and meat alternatives. Its presence at the show, which is dedicated to the meat and alternative proteins market, presents new, sustainable and economical options for the production of meat products or vegan and vegetarian products based on functional wheat ingredients.
In January 2022, ADM announced the opening of its first Science & Technology Center in China to establish its high-quality development in the nutrition and health industry. This has helped the company to provide better services to consumers through such innovations in the organization.
As per the U.S. Food and Drug Administration, “If a food contains more than one fermented or hydrolyzed ingredient, records must be kept for each such ingredient.”
Influencing Trend:
Rapid Shift towards Healthy Diet
Market Growth Drivers:
Various Nutritional land Heath Benefits of the Hydrolyzed Wheat Gluten
Challenges:
Regulatory Guidelines on the Packaging and Labelling of the Hydrolyzed Wheat Gluten
Restraints:
Allergy-Related Risks with the Celiac Disease Peoples
Opportunities:
Growing Demand for Plant-based and Organic Products can create Opportunities for the Hydrolyzed Wheat Gluten
Key Target Audience
Hydrolyzed Wheat Gluten Manufacturers, Hydrolyzed Wheat Gluten Distributors and Suppliers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others