South America Wheat protein Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Wheat Gluten, Wheat Protein Isolates, Textured Wheat Protein, and Hydrolyzed Wheat Protein), Form (Dry and Liquid), and Application (Bakery & Snacks, Pet Food, Nutritional Bars & Drinks, Processed Meat, Meat Analogs, and Others)
The wheat protein market in SAM is expected to grow from US$ 288.26 million in 2021 to US$ 342.38 million by 2028; it is estimated to grow at a CAGR of 2.5% from 2021 to 2028.
Meat analogs are food products produced to mimic meat products' flavor, appearance, and texture. Meat analogs are raising the interest of various consumers looking for indulgent, healthy, low environmental impact, cost-effective, ethical, and new food products. In recent years, the consumption of meat analogs has grown for varied reasons such as health concerns, personal beliefs, and social causes. Textured plant-based proteins, primarily soy, wheat, and their combinations are used to improve the mouthfeel and simulate the "original meat texture" in the meat analogs, owing to the texture generated when they are hydrated during the cooking process. The textured wheat protein offers a meat-like texture and is consequently used for partial or complete meat replacement. Textured wheat protein has an excellent neutral taste and stable, hydrated texture, making it suitable for various applications, especially meat analogs. Besides, textured wheat proteins play a significant role in the formulation of meat analogs because they offer a variety of shape, size, and color offerings, ease of formulation, and nutritional benefits (high protein and no cholesterol). Thus, the growing vegan population, coupled with increasing demand for meat analogs, is the key factor expected to create lucrative growth opportunities for the wheat protein market during the forecast period.
Brazil reported the highest number of COVID-19 cases, followed by Argentina, Peru, Chile, and Ecuador among others. The government of SAM has taken an array of actions to protect its citizens and combat the spread of the COVID-19 virus through lockdowns, trade bans, and travel restrictions. This may have a direct impact on the growth of the wheat protein market due to significant disruptions in terms of sourcing of raw materials from suppliers as well as temporary closures of the manufacturing base due to indefinite lockdowns and temporary quarantines. As there have been relaxations in the lockdown, there has been an increase in demand for healthy bakery items and plant-based protein, which is increasing the demand for the wheat protein market. Along with this, an increase in demand for meat alternatives in countries such as Brazil is driving the wheat protein market in SAM.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM wheat protein market. The SAM wheat protein market is expected to grow at a good CAGR during the forecast period.
SAM Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
SAM Wheat Protein Market Segmentation
SAM Wheat Protein Market – By Product
- Wheat Gluten
- Wheat Protein Isolates
- Textured Wheat Protein
- Hydrolyzed Wheat Protein
SAM Wheat Protein Market – By Form
- Dry
- Liquid
SAM Wheat Protein Market – By Application
- Bakery & Snacks
- Pet Food
- Nutritional Bars & Drinks
- Processed Meat
- Meat Analogs
- Others
SAM Wheat Protein Market, by Country
- Brazil
- Argentina
- Rest of SAM
SAM Wheat Protein Market - Companies Mentioned
- Archer Daniels Midland Company
- Cargill, Incorporated
- Kröner-Stärke GmbH
- Roquette Frères
- Tereos Group
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. SAM Wheat Protein Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Expert Opinion
5. SAM Wheat Protein Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 End-Use Industries Having High Usage of Wheat Protein
5.1.2 Significant Demand for Natural and Organic Ingredients
5.2 Market Restraints
5.2.1 Presence of Other Substitutes
5.3 Market Opportunities
5.3.1 Surge in Demand for Meat Analogs
5.4 Future Trends
5.4.1 Clean-Label and Plant-Based Products Getting Popular
5.5 Impact Analysis
6. Wheat Protein Market– SAM Analysis
6.1 Wheat Protein Market Overview
6.2 SAM Wheat Protein Market –Revenue and Forecast To 2028 (US$ Million)
7. SAM Wheat Protein Market Analysis – By Product
7.1 Market Overview
7.2 SAM Wheat Protein Market, By Product (2020 and 2028)
7.3 Wheat Gluten
7.3.1 Overview
7.3.2 Wheat Gluten: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Wheat Protein Isolates
7.4.1 Overview
7.4.2 Wheat Protein Isolates: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Textured Wheat Protein
7.5.1 Overview
7.5.2 Textured Wheat Protein: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Hydrolyzed Wheat Protein
7.6.1 Overview
7.6.2 Hydrolyzed Wheat Protein: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
8. SAM Wheat Protein Market - By Form
8.1 Market Overview
8.2 SAM Wheat Protein Market, By Form (2020 and 2028)
8.3 Dry
8.3.1 Overview
8.3.2 Dry: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Liquid
8.4.1 Overview
8.4.2 Liquid: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM Wheat Protein Market Analysis – By Application
9.1 Overview
9.2 SAM Wheat Protein Market, By Application (2020 and 2028)
9.3 Bakery & Snacks
9.3.1 Overview
9.3.2 Bakery & Snacks: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Pet Food
9.4.1 Overview
9.4.2 Pet Food: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Nutritional Bars & Drinks
9.5.1 Overview
9.5.2 Nutritional Bars & Drinks: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Processed Meat
9.6.1 Overview
9.6.2 Processed Meat: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Meat Analogs
9.7.1 Overview
9.7.2 Meat Analogs: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
10. SAM Wheat Protein Market – Country Analysis
10.1 Overview
10.1.1 SAM Wheat Protein Market Breakdown, by Key Countries
10.1.1.1 Brazil Wheat Protein Market Revenue and forecast Forecasts to 2028 (US$ Million)
10.1.1.1.1 Brazil Wheat Protein Market Breakdown by Product
10.1.1.1.2 Brazil Wheat Protein Market Breakdown by Application
10.1.1.1.3 Brazil Wheat Protein Market Breakdown by Form
10.1.1.2 Argentina Wheat Protein Market Revenue and forecast Forecasts to 2028 (US$ Million)
10.1.1.2.1 Argentina Wheat Protein Market Breakdown by Product
10.1.1.2.2 Argentina Wheat Protein Market Breakdown by Application
10.1.1.2.3 Argentina Wheat Protein Market Breakdown by Form
10.1.1.3 Rest of SAM Wheat Protein Market Revenue and forecast Forecasts to 2028 (US$ Million)
10.1.1.3.1 Rest of SAM Wheat Protein Market Breakdown by Product
10.1.1.3.2 Rest of SAM Wheat Protein Market Breakdown by Application
10.1.1.3.3 Rest of SAM Wheat Protein Market Breakdown by Form
11. Overview- Impact of Coronavirus Outbreak
11.1 SAM: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Merger & Acquisition
12.2 Product News
12.3 Strategic and Business Planning
12.4 Expansion & Collaboration
13. Company Profiles
13.1 Roquette Frères
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Kröner-Stärke GmbH
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Cargill, Incorporated
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Tereos Group
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Archer Daniels Midland Company
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Development
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. SAM Wheat Protein Market –Revenue and Forecast To 2028 (US$ Million)
Table 2. Brazil: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 3. Brazil: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 4. Brazil: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 5. Argentina: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 6. Argentina: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 7. Argentina: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 8. Rest of SAM: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 9. Rest of SAM: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 10. Rest of SAM: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Wheat Protein Market Segmentation
Figure 2. SAM Wheat Protein Market Segmentation – By Country
Figure 3. SAM Wheat Protein Market Overview
Figure 4. SAM Wheat Protein Market, by Product
Figure 5. SAM Wheat Protein Market, by Country
Figure 6. SAM – PEST Analysis
Figure 7. Expert Opinion
Figure 8. SAM Wheat Protein Market Impact Analysis of Drivers and Restraints
Figure 9. SAM: Wheat Protein Market – Revenue and Forecast To 2028 (US$ Million)
Figure 10. SAM Wheat Protein Market Revenue Share, By Product (2020 and 2028)
Figure 11. SAM Wheat Gluten: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. SAM Wheat Protein Isolates: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. SAM Textured Wheat Protein: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM Hydrolyzed Wheat Protein: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM Wheat Protein Market Revenue Share, By Form (2020 and 2028)
Figure 16. SAM Dry: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. SAM Liquid: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Wheat Protein Market Breakdown, by Application (2020 and 2028)
Figure 19. SAM Bakery & Snacks: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. SAM Pet Food: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM Nutritional Bars & Drinks: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. SAM Processed Meat: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. SAM Meat Analogs: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. SAM Others: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. SAM Wheat Protein Market, by Key Country - Revenue (2020) (US$ Million)
Figure 26. SAM Wheat Protein Market Breakdown by Key Countries, 2020 & 2028(%)
Figure 27. Brazil Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
Figure 28. Argentina Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
Figure 29. Rest of SAM Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in SAM
- Archer Daniels Midland Company
- Cargill, Incorporated
- Kröner-Stärke GmbH
- Roquette Frères
- Tereos Group
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM wheat protein 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 the SAM wheat protein 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 SAM market trends and outlook coupled with the factors driving the wheat protein 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