Product Code: ETC4535905 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India wheat protein market import shipments demonstrated a strong growth momentum with a CAGR of 12.8% from 2020 to 2024. However, the growth rate slightly decelerated to 2.5% between 2023 and 2024, indicating a stabilization in the market expansion towards the end of the period.
Wheat protein is emerging as a significant player in the India food industry. As consumers become more health-conscious and seek plant-based protein alternatives, wheat protein has found a prominent place. It is used in various food products, including plant-based meat substitutes, bakery goods, and snacks, making it a key component of the evolving India food landscape.
The wheat protein market in India is expanding due to the rising demand for protein-enriched food products and the versatility of wheat protein in various food applications. Wheat protein is an excellent source of plant-based protein, and it finds use in a wide range of food products, including baked goods, pasta, and meat analogs. As consumers seek healthier and more sustainable food choices, food manufacturers are incorporating wheat protein into their products to meet this demand. Furthermore, the development of innovative wheat protein isolates and concentrates is enhancing the nutritional profile of food products, contributing to market growth.
Challenges in the India Wheat Protein Market involve developing and marketing wheat protein-based products, addressing consumer preferences and dietary trends, and ensuring consistent product quality.
Similar to other food markets, the wheat protein market was influenced by changing consumption patterns, as well as logistical challenges during lockdowns. Companies had to reconfigure their operations to meet evolving demands.
Notable companies in this market are Cargill, ADM (Archer Daniels Midland), MGP Ingredients, Kroener Staerke, and Manildra Group.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Wheat Protein Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Wheat Protein Market Revenues & Volume, 2021 & 2031F |
3.3 India Wheat Protein Market - Industry Life Cycle |
3.4 India Wheat Protein Market - Porter's Five Forces |
3.5 India Wheat Protein Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Wheat Protein Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Wheat Protein Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 India Wheat Protein Market Revenues & Volume Share, By Concentration, 2021 & 2031F |
4 India Wheat Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and awareness about the benefits of plant-based proteins among consumers. |
4.2.2 Growing preference for vegetarian and vegan diets in India. |
4.2.3 Rising demand for functional food ingredients due to increasing focus on fitness and wellness. |
4.3 Market Restraints |
4.3.1 Limited availability and high cost of wheat protein compared to other plant-based protein sources. |
4.3.2 Lack of awareness and education about the benefits and applications of wheat protein among consumers and food manufacturers. |
4.3.3 Challenges in sourcing high-quality wheat protein ingredients locally in India. |
5 India Wheat Protein Market Trends |
6 India Wheat Protein Market, By Types |
6.1 India Wheat Protein Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Wheat Protein Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Wheat Protein Market Revenues & Volume, By Gluten, 2021-2031F |
6.1.4 India Wheat Protein Market Revenues & Volume, By Protein Isolate, 2021-2031F |
6.1.5 India Wheat Protein Market Revenues & Volume, By Textured Protein, 2021-2031F |
6.1.6 India Wheat Protein Market Revenues & Volume, By Hydrolyzed Protein, 2021-2031F |
6.2 India Wheat Protein Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Wheat Protein Market Revenues & Volume, By Bakery & Snacks, 2021-2031F |
6.2.3 India Wheat Protein Market Revenues & Volume, By Pet Food, 2021-2031F |
6.2.4 India Wheat Protein Market Revenues & Volume, By Nutritional Bars & Drinks, 2021-2031F |
6.2.5 India Wheat Protein Market Revenues & Volume, By Processed Meat, 2021-2031F |
6.2.6 India Wheat Protein Market Revenues & Volume, By Meat Analogs, 2021-2031F |
6.3 India Wheat Protein Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 India Wheat Protein Market Revenues & Volume, By Dry, 2021-2031F |
6.3.3 India Wheat Protein Market Revenues & Volume, By Liquid, 2021-2031F |
6.4 India Wheat Protein Market, By Concentration |
6.4.1 Overview and Analysis |
6.4.2 India Wheat Protein Market Revenues & Volume, By 0.75, 2021-2031F |
6.4.3 India Wheat Protein Market Revenues & Volume, By 0.8, 2021-2031F |
6.4.4 India Wheat Protein Market Revenues & Volume, By 0.95, 2021-2031F |
7 India Wheat Protein Market Import-Export Trade Statistics |
7.1 India Wheat Protein Market Export to Major Countries |
7.2 India Wheat Protein Market Imports from Major Countries |
8 India Wheat Protein Market Key Performance Indicators |
8.1 Consumer awareness and perception of wheat protein as a healthy and sustainable protein source. |
8.2 Number of new product launches incorporating wheat protein as an ingredient in the Indian market. |
8.3 Growth in the number of food manufacturers partnering with wheat protein suppliers for product development and innovation. |
8.4 Adoption rate of wheat protein in various food and beverage categories in India. |
8.5 Investment and funding trends in the Indian wheat protein market. |
9 India Wheat Protein Market - Opportunity Assessment |
9.1 India Wheat Protein Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Wheat Protein Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Wheat Protein Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 India Wheat Protein Market Opportunity Assessment, By Concentration, 2021 & 2031F |
10 India Wheat Protein Market - Competitive Landscape |
10.1 India Wheat Protein Market Revenue Share, By Companies, 2024 |
10.2 India Wheat Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |