Saudi Arabia Wheat Protein Market is projected to grow at a robust CAGR during 2019-2024 owing to growing vegan population to avoid obesity, growing health awareness among consumers and rising manufacturers focus on increasing promotion of organic and vegan food items. Moreover, adoption of plant-based food products to reduce the risk of diabetes & obesity will fuel wheat protein market in Saudi Arabia growth during the forecast period. Changing lifestyle coupled with the adoption of packaged food, including instant noodles & pasta is driving market penetration. Based on form, the market has been categorised into dry and liquid form. In 2018, the dry segment dominated the market since it is the most popular forms of wheat protein preferred by manufacturers and its ease in handling & better storage conditions and the segment is projected to dominate the market over the next five years as well. Based on application, the market has been segmented into Bakery & Snacks, Pet Food, Processed Meat, Meat Analogs, Nutritional Bars & Drinks and Others. In 2018, the Bakery & snakes segment dominated the market and is expected to maintain its dominance over the next five years as well since bakery is the largest in food market and has a strong presence of various players and consumers prefer ready to eat products in the country. Furthermore, the presence of gluten in wheat protein, which acts as an emulsifier, has led its adoption in the cosmetics industry is expected to fuel the market growth over the forecast period.
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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 Saudi Arabia Wheat Protein Market based on product, application, form and regional distribution.
- To identify drivers and challenges for Saudi Arabia Wheat Protein Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia 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 Saudi Arabia Wheat Protein Market.
Some of the leading players in the Saudi Arabia Wheat Protein Market are Agrana, Cargill, Kröner-Stärke, MGP Ingredients, ADM, Roquette, Crespel & Deiters, Cropenergies, Gluten Y Almidones Industriales, Glico Nutrition etc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across Saudi Arabia.
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TechSci Research calculated the market size of Saudi Arabia Wheat Protein Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
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.
Report Scope:
In this report, Saudi Arabia Wheat Protein Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Product:
- Wheat Gluten
- Textured Wheat Protein
- Wheat Protein Isolate
- Hydrolysed Wheat Protein
- Market, By Application:
- Bakery & Snacks
- Pet Food
- Processed Meat
- Meat Analogs
- Nutritional Bars & Drinks
- Other
- Market, By Form:
- Dry
- Liquid
- Market, by Country:
- Saudi Arabia
- Western Region
- Central Region
- Southern Region
- Eastern Region
- Northern Region
- Saudi Arabia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Wheat Protein Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
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