Asia-Pacific Wheat Protein Market 2018-2023 - Size, Trends, Competitive Analysis and Forecasts

  • ID: 4587048
  • Report
  • Region: Asia Pacific
  • 99 pages
  • Hypercube Insights
1 of 4


  • Agridient Inc.
  • Cargill Inc.
  • Glico Nutrition
  • Kröner-Stärke
  • MGP Ingredients
  • Tereos-Syral
  • MORE
The Asia-Pacific wheat protein industry is one of the fastest growing markets. The region presently accounts for around one-fifth of global wheat protein market. Most of the market share is captured by China, Japan, Australia and South Korea. Rapidly growing economies in the region is estimated to give big boost to the wheat protein market in the region. Moreover, the demand of plant-based protein products is rising rapidly because of the growing trend of veganism and vegetarianism. The demand from food and beverage industry has changed significantly in terms of taste, quality and nutritional value with increasing consumers intending to spend more on food products due to rising income level. Due to the trend of fitness and sports, the demand of supplement products has increased in past few years. This will provide a big boost to the wheat protein market in the region since wheat protein application across dietary supplement industry is one of the fastest growing segment among the other application segments.

The Asia-Pacific wheat protein market currently accounts for estimated $587.85 million in 2018. Major drivers such as rising income level, mass urbanization, demand of lactose free products and high consciousness about the health projects the market revenue to reach at $787.72 million by 2023, growing at a fastest CAGR of 6% during 2018 to 2023. China and India possess similar attribute in terms of drivers, restraints and opportunity for the wheat protein market. The industry of food and beverage in both the countries is recording dynamic shift in terms of buying patterns. Increasing health conscious population in both the countries are demanding the products containing organic and natural protein ingredients. The companies in China are trying to capture most of the initial market share in the region by implementing various investment strategies such as aggressive marketing campaign, product launch and expanding production capacity.

The wheat protein market of Japan, South Korea and Australia is relatively developed compared to the other countries in the region. The population in all these countries are highly concerned about ethical issues of intensive animal farming. Hence, the demand of plant based products has been surging rapidly with increase in trend of veganism and vegetarianism. The dietary supplements industry is among the fastest growing application segments of wheat protein mainly because of rising trend of fitness and physical activities. The number of wheat protein producers in these countries are relatively low compared to the U.S. and Europe but with growing market value of wheat protein, new players are expected to enter into the market. The low barriers to entry and supportive Government policies are expected to intensify the competition in the industry in coming years.

The wheat protein market of rest of the countries in the region are in the initial phase of development. Low infrastructure, less technological advancement, low awareness about the protein products among the consumers and low level of income are some of the major restraints to the market. However, this could be good opportunity for the major players in the industry to make an effort to penetrate into the market in order to enjoy benefits in terms of market revenue in coming years.

Key Deliverables
  • Market trends since 2014 and five year forecasts of market growth
  • Detailed analysis of the micro and macro elements influencing demand trends
  • Identifying opportunity spaces across segments and countries
  • Supply & demand side trend and analysis
  • Price trend analysis, investment prospects and competition pattern
  • Insights on growth potential of the market
  • Detailed analysis of major producers covering financial investments & strategies adopted
  • Competitive landscape of the industry
Note: Product cover images may vary from those shown
2 of 4


  • Agridient Inc.
  • Cargill Inc.
  • Glico Nutrition
  • Kröner-Stärke
  • MGP Ingredients
  • Tereos-Syral
  • MORE
1. Introduction
1.1 Research Methodology
1.2 Scope of the Study
1.3 Assumptions

2. Summary
2.1 Market Summary By Type
2.2 Market Summary By Application
2.3 Market Summary by Geography
2.4 Business Trends Summary

3. Industry Dynamics
3.1 Drivers
3.1.1 Growing demand for cheaper sources of plant based protein and meat substitute products
3.1.2 Rising health consciousness especially in developing countries
3.1.3 Strengthening demand for dietary Supplements
3.2 Restraints
3.2.1 Lack of commercially feasible extraction process
3.2.2 Growing threat from substitute products
3.2.3 Low awareness about the product
3.1.4 Increasing demand for gluten free protein products
3.3 Opportunities
3.3.1 Growing applications in sports nutrition & weight management
3.3.2 Growth in functional food & nutraceutical industry
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining power of Suppliers
3.4.2 Bargaining power of Buyers
3.4.3 Degree of Competition
3.4.4 Threat of Substitution
3.4.5 Threat of new entrants
3.5 Future Trends in Wheat Protein Industry
3.6 Value Chain Analysis
3.7 Industry Policies & Regulations
3.8 Market Innovations

4. Market Size and Forecast
4.1 Market Share, Type
4.1.1 Wheat Gluten
4.1.2 Wheat Protein Isolate
4.1.3 Textured Wheat Protein
4.1.4. Hydrolyzed Wheat Protein
4.2 Market Share, Application
4.2.1 Food Infant Formula Confectionary Bakery Snacks Dairy Alternatives Meat Analogues & Extenders Processed Meat & Seafood Others
4.2.2 Beverages
4.2.3 Dietary Supplements
4.2.4 Animal Feed
4.2.5 Others

5. Country Market Share
5.1 Asia-Pacific
5.1.1 China
5.1.2 India
5.1.3 Japan
5.1.4 South Korea
5.1.5 Australia
5.1.6 Thailand
5.1.7 Israel
5.1.8 Saudi Arabia
5.1.9 Others

6. Competitive Analysis
6.1 Market Share Analysis
6.2 Growth Strategies of leading players
6.3 Investment and Development Prospects
6.3.1 Investment in past five years
6.3.2 Investment Opportunities
6.4 Competition Pattern
6.4.1 Concentration Ratio
6.4.2 Industry Competition
6.5 Price Trend Analysis
6.5.1 Product Classifications and Their Prices
6.5.2 Factors Influencing Prices

7. Company Profiles
7.1 Archer Daniels Midland
7.2 Cargill Inc
7.3 Kerry Ingredients
7.4MGP Ingredients
7.5 Manildra Group
7.6 Roquette Freres
7.7 The Scoular Company
7.8 Glico Nutrition
7.9 Kröner-Stärke
7.10 Tereos-Syral
7.11 Crespel & Deiters GmbH & Co. KG
7.12 Crop Energies AG
7.13 Gluten Y Almidones Industriales
7.14 Agridient Inc.
7.15 White Energy Inc.
  • Appendix
  • Sources
  • Disclaimer
Note: Product cover images may vary from those shown
3 of 4


4 of 4
  • Archer Daniels Midland
  • Cargill Inc.
  • Kerry Ingredients
  • MGP Ingredients
  • Manildra Group
  • Roquette Freres
  • The Scoular Company
  • Glico Nutrition
  • Kröner-Stärke
  • Tereos-Syral
  • Crespel & Deiters GmbH & Co. KG
  • Crop Energies AG
  • Gluten Y Almidones Industriales
  • Agridient Inc.
  • White Energy Inc.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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