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

  • ID: 4587068
  • Report
  • Region: Colombia
  • 90 pages
  • Hypercube Insights
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FEATURED COMPANIES

  • Agridient Inc.
  • Cargill Inc.
  • Glico Nutrition
  • Kröner-Stärke
  • MGP Ingredients
  • Tereos-Syral
  • MORE
Columbia is among the fastest developing countries in South America. The country has long been suffering from various issues such as terrorism, mafias, drug problems, political chaos and other domestic problems. This has resulted in low development in terms of infrastructure and industrialization and thus, the market of protein in the country is relatively in initial phase of development compared to the other major economies in the region. Wheat protein of Columbia currently captures around 8% of total wheat protein market in South America. With growing economic stability in the country and increasing purchasing power of Columbians, the wheat protein market is estimated to grow and capture the value of $17.09 million by 2023, growing at a CAGR of 3.8% during 2018 to 2023, from the currently value of $14.18 million in 2018.

One of the major drivers for the wheat protein market in the country is growing trend of physical fitness and sports activities. With rapid rise in the social media and increase in number of smart phone users, increasing young Columbians are influenced by the global stars to develop attractive body and strong muscles. Moreover, the trainers of gym and fitness clubs have been increasingly suggesting the gym goers to consume supplement products such as energy drinks and protein bars in order to maintain the healthy diet. This has led to increase in wheat protein application across dietary supplement industry since last few years.

The industry of other protein types is booming in the country. The market value of soy protein and whey protein are major contenders for the wheat protein industry in Columbia. The market share of wheat protein application across food and beverage industry represents around 45% and 21% respectively. In order to increase the market share of wheat protein, manufacturers have to drive aggressive marketing campaign for wheat protein products and have to increase their efforts in research and development to launch products according to the customization needs of the consumers. Moreover, major companies have got huge opportunity to capture most of the market share in the industry of wheat protein by implementing various investment strategies such as merges, acquisitions and driving intensive marketing strategies.

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
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 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
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.
  • Appendix
  • Sources
  • Disclaimer
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  • 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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