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

Russia is one of the largest wheat protein market in Europe with tremendous growth potential. Russia represents 10% of total wheat protein market in Europe. Strengthening economic condition, rising income level of middle class population and changing dietary preference of consumer in Russia has led to rapid rise in the plant-based protein consumption. The influence of the trends in the western country is also one of the major driving factor for the plant-based protein market in the country. In addition, the adoption of vegan lifestyle is ever growing along with increasing demand of supplement products. All these important trends and drivers projects the wheat protein market of the country to capture the value of $104.09 million by 2023, registering a fastest CAGR of 5.7% during the period of forecast.

Russians are fond of meat products; the demand of pork is rising steadily. But since past few years, the trend is increasingly shifting towards organic meat free products. This shifting trend can be explained by growing health consciousness among the Russian consumers. The case of obesity and overweight is rapidly rising in the country and people are becoming aware that such disease is prevailing due to the food products that contains fat. Hence, increasing population are demanding food products that contains high quality protein products. This is leading the market revenue of wheat protein application in food industry to grow and capture the revenue of $48.08 million by 2023.

The trend of attending fitness sessions and gym is ever growing in the country. Young population in Russia are highly interested in building strong muscles and good body psyche. Moreover, the trend of doing sports and athletic activities is rising rapidly. These trends of sports and physical activity has led to expanding consumption of dietary supplements industry. Since, protein is highly required in order to maintain the fit lifestyle, the demand of supplement products containing protein such as energy drinks, sports drinks, smoothies and shakes has been growing rapidly which has led to projection of wheat protein application across dietary supplement to grow at a fastest CAGR of 6.3% during 2018 to 2023.

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

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
4.2.1.3 Infant Formula
4.2.1.2 Confectionary
4.2.1.3 Bakery
4.2.1.4 Snacks
4.2.1.5 Dairy Alternatives
4.2.1.6 Meat Analogues & Extenders
4.2.1.7 Processed Meat & Seafood
4.2.1.8 Others
4.2.2 Beverages
4.2.3 Dietary Supplements
4.2.4 Animal Feed
4.2.5 Others

5. Competitive Analysis
5.1 Market Share Analysis
5.2 Growth Strategies of leading players
5.3 Investment and Development Prospects
5.3.1 Investment in past five years
5.3.2 Investment Opportunities
5.4 Competition Pattern
5.4.1 Concentration Ratio
5.4.2 Industry Competition
5.5 Price Trend Analysis
5.5.1 Product Classifications and Their Prices
5.5.2 Factors Influencing Prices

6. Company Profiles
6.1 Archer Daniels Midland
6.2 Cargill Inc
6.3 Kerry Ingredients
6.4 MGP Ingredients
6.5 Manildra Group
6.6 Roquette Freres
6.7 The Scoular Company
6.8 Glico Nutrition
6.9 Kröner-Stärke
6.10 Tereos-Syral
6.11 Crespel & Deiters GmbH & Co. KG
6.12 Crop Energies AG
6.13 Gluten Y Almidones Industriales
6.14 Agridient Inc.
6.15 White Energy Inc.