The scope of our recent study on the “Organic Wheat Derivatives Market Forecast t2028 – COVID-19 Impact and Global Analysis – by Type (Starch, Gluten, Maltodextrin, and Others) and Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Animal Feed, Personal Care, and Others)” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.
The organic wheat derivatives market was valued at US$ 629,235.1 thousand in 2020 and is projected treach US$ 912,272.3 thousand by 2028; it is expected tgrow at a CAGR of 4.8% from 2021 t2028. Organic wheat derivatives are the final or by-products, such as starch, gluten, bran, DDGS, and maltodextrin, obtained from organic wheat processing. The shift in consumers lifestyle and dietary patterns has surged the demand for healthy food products and their ingredients. With the growing emphasis on health along with rising focus on the consumption of natural food ingredients, the demand for organic wheat derivatives have gone up steadily. Organic form of wheat derivatives is perceived tbe a nutritious alternative, and it supports several application bases owing ttheir properties. For instance, the organic form of wheat starch has gained importance in the food & beverage industry. It is treated as an essential ingredient in the preparation of various food products such as bakery and confectionery items due tits superior gelling, stabilizing, and thickening properties.
Based on type, the organic wheat derivatives market is segmented intstarch, gluten, maltodextrin, and others. The starch segment held the largest share in the market in 2020. Organic wheat starch has diverse use in the food & beverages industry. Native organic wheat starch, which is extracted from wheat, is alsa plant-based component used in foods. The starch is a white or off-white powder with a neutral smell and taste. It has an energy value of 4kcal/g (like all other carbohydrates). Native wheat starch is used tstabilize and thicken a variety of food products and beverages such as custards, instant foods, sauces, soups, puddings, salad dressings, pie fillings, and several baking applications. Moreover, it can alsbe used for binding and alsacts as an emulsifying, a stabilizing, and a clouding and glazing agent. Modified versions of organic starch are alsfrequently used in foods with a low pH. When used in food, organic wheat starch assists with gel formation, viscosity, adhesion, texture, moisture retention, and binding. It can be used as a fat substitute. Organic wheat starch further works as a stabilizer, clouding, emulsifier, or glazing agent. Due ttheir safety; biodegradability; low cost; and specific technical properties such as gelling, thickening, fat mimicking, and film-forming; the use of organic wheat starch derivatives have been extended tvarious application industries.
The global organic wheat derivatives market is segmented intfive main regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). In 2020, North America accounted for the largest share in the market. The well-established food sector in North American countries provides a wide consumer base for organic wheat derivatives manufacturers operating in the region. Growing demand for organic wheat derivatives in the preparation of several bakery and fast-food products is offering a growth opportunity for the organic wheat derivatives producers. The demand for organic wheat derivatives in North America has surged owing tthe increasing consumption of convenience food items such as bakery products, snacks, noodles, and pasta due ta busy lifestyle and hectic work schedule of the consumers.
Impact of COVID-19 Pandemic on Organic Wheat Derivatives Market
The COVID-19 pandemic is adversely affecting economies and industries in various countries due tgovernment-imposed lockdowns, travel bans, and business shutdowns. The food and beverages is one of the major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. The shutdown of various plants and factories in North America, Europe, Asia Pacific, South America, and the Middle East and Africa has restricted the global supply chain and negatively impacted the manufacturing activities, delivery schedules, and product sales. Furthermore, various companies have already predicted possible delays in product deliveries and slump in future sales of their products. The travel bans imposed by countries in Europe, Asia, and North America are hindering the business collaborations and partnerships opportunities. All these factors are hampering the activities in the food and beverages industry, which are restraining the growth of various markets related tthis industry. Many countries are now resuming tnormalcy, whereas many are experiencing second wave of the outbreak. In addition, due tvaccination drives, situations are changing now across the world.
Organic Wheat Derivatives Market, by Type
Organic Wheat Derivatives Market, by Application
- Food and Beverages
- Pharmaceuticals and Nutraceuticals
- Animal Feed
- Personal Care
Organic Wheat Derivatives Market, by Geography
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- North America
- Rest of Europe
- Asia Pacific (APAC)
- South Korea
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America