The global organic wheat derivatives market was valued at US$ 629,235.10 thousand in 2020 and is projected to reach US$ 912,272.31 thousand by 2028; it is expected to grow at a CAGR of 4.8% from 2020 to 2028.
Organic wheat derivatives are the final or by-products, such as starch, gluten, bran, DDGS, and maltodextrin, obtained from organic wheat processing.The shift in consumers lifestyle and dietary patterns has surged the demand for healthy food products and their ingredients.
With the growing emphasis on health along with rising focus on the consumption of natural food ingredients, the demand for organic wheat derivatives have gone up steadily.Organic form of wheat derivatives is perceived to be a nutritious alternative, and it supports several application bases owing to their properties.
For instance, the organic form of wheat starch has gained importance in the food & beverage industry. It is treated as an essential ingredient in the preparation of various food products such as cakes, biscuits, breads, waffles other baked items due to its superior gelling, stabilizing, and thickening properties.
Based on application, the organic wheat derivatives market is segmented into food and beverages, pharmaceuticals and nutraceuticals, animal feed, personal care, and others.The food and beverages segment held the largest share of the market in 2020.
Organic wheat derivatives such as starch, maltodextrin, and gluten are an important part of the food industry, as these are used as a thickening agent in food.Organic wheat derivatives do not give elasticity to the dough; therefore, they are the widely used as a thickener, food additive, and active ingredient in the food & beverage sector.
Furthermore, it is helpful in the process of food binding and used in the preparation of gluten-free and low-calorie food items, which propels its demand in the market.Moreover, in many food applications, organic wheat derivatives are commonly used as an emulsifier, stabilizer, fat substitute, and a clouding or glazing agent.
In addition, these derivatives serve to thicken various kinds of sauces, gravies, or soups as well as puddings and pie fillings.
Geographically, the organic wheat derivatives market is segmented into North America, Europe, Asia Pacific (APAC), South America (SAM), and Middle East & Africa (MEA).In 2020, North America held the largest revenue share of the market.
The well-established food sector in North American countries provides a wide consumer base for organic wheat derivatives manufacturers operating in the region.Growing demand for organic wheat derivatives in the preparation of several bakery and fast-food products offers lucrative opportunities for the organic wheat derivatives producers.
Consumers in countries such as the US and Canada are opting for healthy lifestyle and preferring products that provide health benefits. The major factor driving the growth of the organic wheat derivatives market is the increasing inclination of the consumers toward convenience foods, including baked foods and RTC & RTE food items.
The COVID-19 pandemic has drastically altered the status of the organic wheat derivatives industry and has negatively impacted the growth of the market.The COVID-19 outbreak has distorted operational efficiency and disrupted the value chains due to the sudden closure of national and international boundaries, creating revenue loss and damage.
The disruptive value chain has restricted the raw material supply, which, in turn, is impacting the growth of the organic wheat derivatives market. However, as the economies are planning to revive their operations, the demand for organic wheat derivatives is expected to rise globally in coming years.
SACCHETTO SPA; Cargill, Incorporated; ETEA S.R.L.; Archer Daniels Midland Company; AGRANA Beteiligungs-AG; Kröner-Starke Bio; Amylon; Manildra Group; Ulrick & Short Limited; and Tate & Lyle PLC are among the major players operating in the global organic wheat derivatives market.
The overall global organic wheat derivatives market size has been derived in accordance with to both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the global organic wheat derivatives market.
Our reports have been used by over 10K customers, including:
The global seed market size is estimated to be valued at USD 63.0 billion in 2021 and is projected to reach USD 86.8 billion by 2026, recording a CAGR of 6.6%. Factors such as increasing application of cereals & grains in the feed, food, and biofuels industry alongside growing technological advancements such as the adoption of hybridization...
The Global Seed Market is expected to grow at a CAGR of 6.2% over the forecast period (2021-2026). The COVID-19 pandemic has seriously affected the production, certification, distribution, and cost of seeds in the initial months, which play a fundamental role in developing resilient agricultural sectors and food systems in the least developed...
Agricultural Products Global Industry Guide 2015-2024
Global Agricultural Products industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the...
Agricultural Products Global Group of Eight (G8) Industry Guide 2015-2024
The G8 Agricultural Products industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2015-19, and forecast to 2024). The profile also contains...
Government initiatives for promoting the use of precision planting technology to surge the adoption of precision planting systems The precision planting market is estimated to be worth USD 3.6 billion in 2020 and projected to reach USD 4.6 billion by 2025, at a CAGR of 5.1%. The market has a promising growth potential owing to several driving...
The Asia Pacific seaweed derivatives market was valued at US$ 1,239.19 Mn in 2018 and is projected to reach US$ 2,209.61 Mn by 2027; it is expected to grow at a CAGR of 6.6% from 2019 to 2027. Seaweeds are red, brown, and green marine microalgae, and their extracts are used in the horticultural crops to leverage their plant growth-...
The global seaweed derivatives market was valued at US$ 2,210.35 Mn in 2018 and is projected to reach US$ 3,903.91 Mn by 2027; it is expected to grow at a CAGR of 6.5% from 2019 to 2027. Seaweeds are basically red, brown and green marine microalgae, whose extracts are used in the horticultural crops for its plant growth promoting effects.The...
The plant breeding and CRISPR plants market is projected to grow at a CAGR of 13.95% from 2018 to 2023. The plant breeding and CRISPR plants market is projected to reach USD 14.6 billion by 2023, from USD 7.6 billion in 2018, at a CAGR of 13.95%. The plant breeding and CRISPR plants market is driven by various factors such...
On April 2nd the then prime minister, Aleksandar Vucic, won a landslide victory in the first round of Serbia's presidential election, further strengthening his grip on Serbia's political scene.Mr Vucic appointed Ana Brnabic, previously the minister of public administration and local government, to succeed him as prime...
“Phosphine fumigation market projected to grow at a CAGR of 5.49% from 2017 to 2022” The phosphine fumigation market is projected to reach USD 698.0 million by 2022 at a CAGR of 5.49% from 2017. The market is driven by factors such as increase in awareness about advanced modes of application of fumigation technology, increasing insect...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.