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

The market of wheat protein in the Mexico holds decent market share of 15% of the North America wheat protein market. Major drivers of Mexican wheat protein market include high influence of food trends in North American and European countries, growing demand of vegetable proteins and increasing consciousness about the health particularly obesity and the overweight. With growing trend of veganism, the market size is projected to reach and capture the value of $0.24 billion by 2023.

The food trends that are taking place in the U.S. and Canada has huge influence on the wheat protein market in Mexico. The wheat protein industry in the country is growing at a steady rate due to increase in its application across industry segments such as beverages and supplement. The food industry currently captures around 43% of total applications of wheat protein in the country. Number of applications in the food industry is ever growing and is changing dynamically due to increase in demand of plant-based protein ingredients in various food products such as in confectionery items, baked goods, meat analogues, dairy alternatives, snacks and other products. The market revenue of wheat protein application in the food industry is recorded at $7975 million in 2018.

The dietary supplements industry is growing rapidly in Mexico due to increasing interest of young population in health and fitness. The influence of personal coach and gym trainers is very high in influencing the buying behavior for protein products. The health benefits of the wheat protein are very high in terms of weight reduction and in maintaining diet. Hence, increasing experts recommends the consumption of supplement products laced with wheat protein. This has projected the application of wheat protein in dietary supplement industry to reach at $5365 million by 2023, growing at a highest CAGR of 6.4% 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.