India Wheat Protein Market is projected to grow at a CAGR of over 7% during 2019-2024 owing to growing health concerns among consumers, growing vegan population, rising prevalence of obesity & diabetes and tremendous adoption among sportsmen and gym-obsessed individuals in the country. Based on application, the wheat protein market has been segmented into bakery & snacks, pet food, nutritional bars & cereals, processed meat, meat Analogs, and others. In 2018, the bakery & snacks segment dominated the market with highest market share in terms of both value & volume. However, the pet food segment is anticipated to grow at the highest CAGR during 2019-2024 owing to growing expenditure on pet food products along with pet humanization in economies in India. Moreover, rising health awareness coupled with increasing income levels and rapidly growing food & beverage industry. Wheat gluten would observe significant demand in India during the forecast period. Furthermore, the rising elderly population and continually changing climate conditions in India have raised concerns for skin problems, which are expected to supplement personal care products demand and in turn likely to augment hydrolysed wheat protein market growth over the forecast period.
Years considered for this report
Historical Year 2014-2017
Base Year 2018
Estimated 2019
Forecast 2020-2024
Objective of the Study
- To analyse and forecast the market size of Wheat Protein Market, in terms of value & volume.
- To classify and forecast India Wheat Protein Market based on product, application, form and regional distribution.
- To identify drivers and challenges for India Wheat Protein Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India Wheat Protein Market.
- To conduct the pricing analysis for Wheat Protein Market.
- To identify and analyse the profile of leading players involved in the manufacturing of India Wheat Protein Market.
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Some of the leading players in the India Wheat Protein Market are Agrana, Cargill, Kröner-Stärke, MGP Ingredients, ADM, Roquette, Crespel & Deiters, Cropenergies, Gluten Y Almidones Industriales, Glico Nutrition etc.
Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across India. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the suppliers which could not be identified due to the limitations of secondary research. Market insights research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across India.
Market insights research calculated the market size of India
Key Target Audience
- Food & beverage manufacturers
- Wheat protein producers
- Dealers/Distributors
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
