Middle East and Africa Organic Wheat Derivatives Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Starch, Gluten, Maltodextrin, and Others) and Application (Food and Beverages, Pharmaceuticals and Nutraceuticals, Animal Feed, Personal Care, and Others)
Market Introduction
The Middle East and Africa (MEA) organic wheat derivatives market, by country, has been sub-segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. Middle East countries such as Kuwait, Saudi Arabia, and the UAE have experienced a shift in the socio-economic condition, food eating habits, lifestyle and economic status, and health patterns in the past four decades. These countries are known for their secure financial status. This shift has occurred due to the increase in income owing to swelled oil revenues. The market in the Middle East and Africa is also experiencing rapid development with the growth of markets such as Iraq, Yemen, and Iran. Organic wheat derivatives are estimated to have a growing opportunity in the Middle East and Africa region due to their rising demands from various end-use industries like food and beverages, pharmaceuticals and nutraceuticals, animal feed, personal care, and others. The extending urban population and their need for quick & healthier options for meals enhance the demand for organic wheat derivatives. The market in the Middle East and Africa is also propelling owing to the rapid adoption of western culture, which in turn is attracting the companies and investors to expand their market base in the Middle East and African region. Consumption of confectioneries and baked food items in the form of packaged products has increased in Africa, which has led to the rise in demand for organic wheat derivatives in Middle East & Africa. With the demand for healthier snacking options, sweet baked goods remain a popular and preferred item in the region. Organic wheat derivatives are used in the making of such sweet baked goods, which is yet another factor propelling the demand for organic wheat derivatives in this region. The modern lifestyle has changed the buying behavior and shopping style of consumers. The consumers agree to pay higher prices for nutritional and premium products, such as biscuits, pastry, cookies that are made using organic wheat derivatives. Therefore, rising purchasing power among the consumers is projected to boost the organic wheat derivatives market in the MEA region. Also, organic wheat derivatives manufacturers in the MEA region are targeting various groups of consumers and launching products specific to their needs
South Africa has the highest COVID-19 cases in the Middle East and Africa region, and is followed by UAE and Saudi Africa among others. UAE was the first country in the Middle East and Africa to report a confirmed case of coronavirus. The ongoing pandemic has drastically altered the status of the organic wheat derivatives industry and has negatively impacted the growth of the market. The COVID-19 outbreak has distorted operational efficiency and disrupted the value chains due to the sudden closure of national and international boundaries, creating revenue loss and damage. The disruptive value chain has had a negative impact on raw material supply, which, in turn, is impacting the growth of the organic wheat derivatives market. However, as the economies are planning to revive their operations, the demand for organic wheat derivatives is expected to rise worldwide.
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Market Overview and Dynamics
The organic wheat derivatives market in Asia Pacific is expected to grow US$ 14,496.01 thousand by 2028 from US$ 10,521.82 thousand in 2021. The market is estimated to grow at a CAGR of 4.7% from 2021 to 2028. A significant transformation has been witnessed with change in consumer perception and rise in health concerns globally. Growing awareness about the side-effects associated with animal-based food products and rising adoption of veganism are two important factors escalating the demand for plant-based products among consumers. This has positively impacted the demand for organic wheat derivatives in developed and developing economies. Nowadays, manufacturers are focusing on prevailing market trends and end use requirements to offer products as per their demands. As the consumers have directed their focus toward plant-based products, the demand for organic wheat derivatives is expected to rise and provide strong growth opportunities to manufacturers operating in the same line of business. This includes organic wheat derivatives in the form of organic wheat starch, organic wheat gluten, organic wheat bran, and maltodextrin, among others, which are extensively in demand across the world. Hence, several companies have come up with organic wheat derivatives, which could be effectively used in diverse application bases. For instance, Cargill Incorporated is involved in producing and offering organic vital wheat gluten under its brand, GluVital. To gain competitive edge and establish strong position in the market, manufacturers of organic wheat derivatives are adopting various strategies such as product development, expansion, and innovation to compete in the market and fulfill the demand of consumers. Hence, the increase in demand for plant-based products, along with new product developments, is strongly complementing the growth of organic wheat derivatives market.
Key Market Segments
Asia Pacific organic wheat derivatives market is segmented based on type and application. The Asia Pacific organic wheat derivatives market based on type is segmented into starch, gluten, maltodextrin, and others. Starch segment accounted for the highest share in the market in 2020 and maltodextrin in is expected to be fastest growing during forecast period. Based on application, is segmented into food and beverages, pharmaceuticals and nutraceuticals, animal feed, personal care, and others. The food and beverages segment accounted for the highest share in 2020 and animal feed is expected to be the fastest growing during forecast period.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on organic wheat derivatives market in Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Cargill, Incorporated; ETEA S.R.L.; The Archer Daniels Midland Company; AGRANA Beteiligungs-AG; Manildra Group; Ulrick & Short Limited; Tate & Lyle PLCamong others.
Reasons to buy report
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific organic wheat derivatives market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific organic wheat derivatives market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the organic wheat derivatives market as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Asia Pacific Organic Wheat Derivatives Market Segmentation
Asia Pacific Organic Wheat Derivatives Market – By Deployment
- Starch
- Gluten
- Maltodextrin
- Others
Asia Pacific Organic Wheat Derivatives Market – By Application
- Food and Beverages
- Pharmaceuticals and Nutraceuticals
- Animal Feed
- Personal Care
- Others
Asia Pacific Organic Wheat Derivatives Market – By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of the Middle East and Africa
Asia Pacific Organic Wheat Derivatives Market Company Profiles
- Cargill, Incorporated
- ETEA S.R.L.
- The Archer Daniels Midland Company
- AGRANA Beteiligungs-AG
- Manildra Group
- Ulrick & Short Limited
- Tate & Lyle PLC
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Middle East & Africa Organic Wheat Derivatives Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Middle East & Africa Organic Wheat Derivatives Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Fostering Demand for Natural and Organic Ingredients
5.1.2 Varied-usable Properties of Organic Wheat Derivatives
5.2 Market Restraints
5.2.1 Attanibility of Substitutes
5.3 Market Opportunities
5.3.1 Widening Potential Demand Across New Applications
5.4 Future Trends
5.4.1 Up-raising Adoption of Plant-Based Products Offered by Manufacturers
5.5 Impact Analysis of Drivers and Restraints
6. Middle East & Africa Organic Wheat Derivatives –Market Analysis
6.1 Organic Wheat Derivatives Market Overview
6.2 Middle East and Africa: Organic Wheat Derivatives Market –Revenue, and Forecast to 2028 (US$ Thousand)
7. Organic Wheat Derivatives Market Analysis – By Type
7.1 Overview
7.2 Middle East and Africa: Organic Wheat Derivatives Market, by Type
7.3 Starch
7.3.1 Overview
7.3.2 Starch: Middle East & Africa Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
7.4 Gluten
7.4.1 Overview
7.4.2 Gluten: Middle East & Africa Organic Wheat Derivative Market – Revenue and Forecast To 2028 (US$ Thousand)
7.5 Maltodextrin
7.5.1 Overview
7.5.2 Maltodextrin: Middle East & Africa Organic Wheat Derivatives Market – Revenue and Forecast to 2028 (US$ Thousand)
7.6 Others
7.6.1 Overview
7.6.2 Others: Middle East & Africa Organic Wheat Derivatives Market – Revenue and Forecast to 2028 (US$ Thousand)
8. Middle East & Africa Organic Wheat Derivatives Market Analysis – By Application
8.1 Overview
8.2 Middle East & Africa Organic Wheat Derivatives Market, By Application (2020 and 2028)
8.3 Food & Beverages
8.3.1 Overview
8.3.2 Food & Beverages: Middle East & Africa Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
8.4 Animal Feed
8.4.1 Overview
8.4.2 Animal Feed: Middle East & Africa Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
8.5 Pharmaceutical and Nutraceuticals
8.5.1 Overview
8.5.2 Pharmaceutical & Nutraceuticals: Middle East & Africa Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
8.6 Personal Care
8.6.1 Overview
8.6.2 Personal Care: Middle East & Africa Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
8.7 Others
8.7.1 Overview
8.7.2 Others: Middle East & Africa Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
9. Middle East & Africa Organic Wheat Derivatives Market – Country Analysis
9.1 Overview
9.1.1 Middle East and Africa: Organic Wheat Derivatives Market, by Key Country
9.1.1.1 South Africa: Organic Wheat Derivatives Market – Revenue, and Forecast to 2028 (US$ Thousand)
9.1.1.1.1 South Africa: Organic Wheat Derivatives Market, by Type
9.1.1.1.2 South Africa: Organic Wheat Derivatives Market, by Application
9.1.1.2 Saudi Arabia: Organic Wheat Derivatives Market – Revenue, and Forecast to 2028 (US$ Thousand)
9.1.1.2.1 Saudi Arabia: Organic Wheat Derivatives Market, by Type
9.1.1.2.2 Saudi Arabia: Organic Wheat Derivatives Market, by Application
9.1.1.3 UAE: Organic Wheat Derivatives Market – Revenue, and Forecast to 2028 (US$ Thousand)
9.1.1.3.1 UAE: Organic Wheat Derivatives Market, by Type
9.1.1.3.2 UAE: Organic Wheat Derivatives Market, by Application
9.1.1.4 Rest of Middle East and Africa: Organic Wheat Derivatives Market – Revenue, and Forecast to 2028 (US$ Thousand)
9.1.1.4.1 Rest of Middle East and Africa: Organic Wheat Derivatives Market, by Type
9.1.1.4.2 Rest of Middle East and Africa: Organic Wheat Derivatives Market, by Application
10. Impact of Coronavirus Outbreak On Middle East & Africa Organic Wheat Derivatives Market
10.1 Overview
11. Industry Landscape
11.1 Overview
11.2 Mergers & Acquisition
11.3 Product Launch
11.4 Partnership
12. Company Profiles
12.1 Cargill, Incorporated
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 ETEA S.R.L.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 The Archer Daniels Midland Company
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 AGRANA Beteiligungs-AG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Manildra Group
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Ulrick & Short Limited
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Tate & Lyle PLC
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. South Africa Organic Wheat Derivatives Market, by Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 2. South Africa Organic Wheat Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 3. Saudi Arabia Organic Wheat Derivatives Market, by Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 4. Saudi Arabia Organic Wheat Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 5. UAE Organic Wheat Derivatives Market, by Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 6. UAE Organic Wheat Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 7. Rest of the Middle East and Africa Organic Wheat Derivatives Market, by Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 8. Rest of the Middle East and Africa Organic Wheat Derivatives Market, by Application – Revenue and Forecast to 2028 (US$ Thousand)
Table 9. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East & Africa Organic Wheat Derivatives Market Segmentation
Figure 2. Organic Wheat Derivatives Market Segmentation – By Country
Figure 3. Middle East & Africa Organic Wheat Derivatives Market Overview
Figure 4. Starch Segment Held Largest Share of Middle East & Africa Organic Wheat Derivatives Market
Figure 5. South Africa Held Largest Share of Middle East & Africa Organic Wheat Derivatives Market
Figure 6. Middle East & Africa Organic Wheat Derivatives Market, Industry Landscape
Figure 7. Middle East & Africa: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Organic Wheat Derivatives market Impact Analysis of Drivers and Restraints
Figure 10. Middle East and Africa: Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 11. Middle East and Africa: Organic Wheat Derivatives Market Revenue Share, by Type (2020 and 2028)
Figure 12. Starch: MEA Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 13. Gluten: MEA Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 14. Maltodextrin: MEA Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 15. Others: MEA Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 16. Middle East and Africa: Organic Wheat Derivatives Market Revenue Share, by Application (2020 and 2028)
Figure 17. Food & Beverages: MEA Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 18. Animal Feed: MEA Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 19. Pharmaceutical And Nutraceutical: MEA Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 20. Personal Care: MEA Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 21. Others: MEA Organic Wheat Derivatives Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 22. Geographic Overview of Middle East & Africa Organic Wheat Derivatives Market
Figure 23. Middle East and Africa: Organic Wheat Derivatives Market Revenue Share, by Key Country (2020 and 2028)
Figure 24. South Africa: Organic Wheat Derivatives Market – Revenue, and Forecast to 2028 (US$ Thousand)
Figure 25. Saudi Arabia: Organic Wheat Derivatives Market – Revenue, and Forecast to 2028 (US$ Thousand)
Figure 26. UAE: Organic Wheat Derivatives Market – Revenue, and Forecast to 2028 (US$ Thousand)
Figure 27. Rest of Middle East and Africa: Organic Wheat Derivatives Market – Revenue, and Forecast to 2028 (US$ Thousand)
Figure 28. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
- Cargill, Incorporated
- ETEA S.R.L.
- The Archer Daniels Midland Company
- AGRANA Beteiligungs-AG
- Manildra Group
- Ulrick & Short Limited
- Tate & Lyle PLC
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa organic wheat derivatives market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa organic wheat derivatives market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the organic wheat derivatives market as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution