About Wheat Proteins(Wheat Gluten)
Wheat Protein market has been driven by bakery products. It is a great alternative for vegetarian food consumers. Wheat protein provides healthy foods as well as high-proteins. It contains glutens which act as an emulsifier, which help to the growth of this market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia-Pacific |
Unit | Value (USD Million) |
CAGR | 6.7% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that China Vendors will contribute the maximum growth to Global Wheat Proteins(Wheat Gluten) market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Tereos (France), Manildra (Australia), Roquette (France), MGP Ingredients (United States), CropEnergies (Germany), ADM (United States), Cargill (United States), Chamtor (France), White Energy (United States), Crespel & Deiters GmbH (Germany), Sedamyl (Italy), Kroener Staerke (Germany), Amilina (Lithuania) and Novozymes (Denmark) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Permolex (Canada), Semino (Argentina), Shandong Qufeng (China), Guanxian Ruixiang (China), Lianhua (China), Anhui Ante Food (China), Anhui Ruifuxiang (China) and Beidahaung (United States).
Segmentation Overview
AMA Research has segmented the market of Global Wheat Proteins(Wheat Gluten) market by Type (Wheat Gluten, Wheat Protein Isolate, Textured Wheat Protein and Hydrolyzed Wheat Protein), Application (Bakery, Pet Food, Nutritional Bars, Processed Meat and Meat Analogs) and Region.
On the basis of geography, the market of Wheat Proteins(Wheat Gluten) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
If we see Market by , the sub-segment i.e. will boost the Wheat Proteins(Wheat Gluten) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Launch of New Wheat and Bakery Product
Market Growth Drivers:
Increasing Number of Vegan Population and Growth in the Bakery Industry
Challenges:
Limited Technological Advancement in both Developing and Underdeveloped Nations and Low Consumer Awareness of Non-Soy Proteins Worldwide
Restraints:
Consumption of a Gluten-Free Diet (Free From Wheat and Wheat Products) among Consumers and Major Intake of Wheat Causes Celiac Disease which can Hamper the Growth of Wheat Protein Market
Opportunities:
The Growing Tendency of Pet Humanization in Emerging Economies, Large-Scale Production and Consumption of Wheat in Developing Nations and Rising Demand Of healthy and High-Protein Food Worldwide
Market Leaders and their expansionary development strategies
On 1 April 2021, MGP Ingredients, Inc., a leading supplier of premium distilled spirits and specialty wheat proteins and starches, has completed its previously announced acquisition of Luxco, Inc. and its affiliated companies (“Luxco”) effective. The acquisition is the latest action driven by MGP’s long-term strategy focused on shifting to higher value-added products and significantly diversifies the business.
On 26 January 2021, Novozymes has introduced Frontia GlutenEx to enable wheat processors to recover more wheat gluten protein from the same amount of raw materials.
Key Target Audience
Wheat Protein Manufacturer, Supplier/Distributor, End-User, Research Organization, Government Associations and Agencies, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.