Market Forecast By Product (Gluten, Protein Isolate, Textured Protein, Hydrolyzed Protein), By Application (Bakery & Snacks, Pet Food, Nutritional Bars & Drinks, Processed Meat, Meat Analogs), By Form (Dry, Liquid), By Concentration (0.75, 0.8, 0.95) And Competitive Landscape
Product Code: ETC4535909 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | Indonesia Wheat Protein Market |
Forecast period | 2025-2031 |
CAGR | 8.4% |
Growing Sector | Food Industry |
Indonesia Wheat Protein Market report thoroughly covers the market by Product, application, form and concentration. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Indonesia Wheat Protein Market is likely to grow due to the expanding health-conscious population, the escalating demand for plant-based protein products, and the growing number of vegan consumers in the country are some of the leading factors that have contributed to this growth. Additionally, the high demand for wheat protein in the animal feed industry has led to further growth in the market capacity. With the increasing demand for plant-based protein products and the escalating health-conscious population, Indonesia's wheat protein market is likely to grow at an impressive rate in the years to come. Indonesia's wheat protein market is set to flourish in the future, making it a highly promising industry for investors and entrepreneurs alike.
According to 6Wresearch, the Indonesia Wheat Protein Market size is projected to grow at the CAGR of 8.4% during the forecast period of 2025-2031. The current dietary trends that favor health and wellness have been one of the primary drivers of Indonesia's wheat protein market growth. More and more consumers in Indonesia are seeking plant-based protein products that are free from gluten, fat, and other allergens. The veganism trend is also driving the demand for wheat protein products in the country, as it is a perfect alternative to animal-based protein sources. Furthermore, increasing meat consumption in the country has led to high demand for animal feeds, which in turn, drives the growth of the wheat protein industry in Indonesia. The rising demand for clean-label products is also contributing to the growth of the wheat protein market, as consumers are becoming more health-conscious and are looking for natural and minimally processed products Although Indonesia Wheat Protein Market Growth seems positive, there are a few challenges that need to be addressed. One of the main issues faced by the industry is the availability of raw materials. Although the country is a significant wheat grain importer, the ongoing rising costs of wheat grain and other raw materials can negatively impact the market. Additionally, stringent government regulations regarding the manufacturing and distribution of wheat protein products could also affect the industry's growth.
The Government of Indonesia has taken significant steps to support the growth of the wheat protein industry. For example, the country's Ministry of Agriculture has implemented schemes to provide subsidies on feed inputs, which have helped reduce the input costs incurred by farmers. Moreover, the government also aims to increase wheat grain production in the country. Indonesia joined the International Wheat Yield Partnership (IWYP) in 2014, which is a research partnership aiming to improve global wheat production. This initiative by the government is intended to promote higher wheat grain production and, in turn, support the growth of the wheat protein industry
The Wheat protein market in Indonesia has several key players, with some of the notable companies being Archer Daniels Midland Company, Cargill, DuPont Nutrition & Biosciences, MGP Ingredients, and Tereos. All these companies have a large market share and are heavily investing in research and development to offer innovative and sustainable solutions to consumers. Most of the key players are striving to launch new products that will cater to the growing needs of the Indonesian market.
The future of Indonesia's wheat protein market looks promising, with steady growth expected in the coming years. The country's wheat protein market is likely to ride high on the veganism trend and the rising demand for plant-based protein products. Furthermore, industry players are expected to increase their investments in research and development to introduce new products that cater to evolving consumer needs. The government's initiatives and support will also play a crucial role in increasing Indonesia Wheat Protein Market Share.
The product segment is further divided into gluten, protein isolate, textured protein, and hydrolyzed protein. Of these, gluten is the largest product segment, and it is expected to remain so during the forecast period. The high demand for gluten can be attributed to its extensive use in bakery and snacks, processed meats, and meat analogs. Protein isolate is another segment that is expected to see significant growth due to the rising popularity of plant-based products. The rising demand for protein isolate is evident in plant-based nutritional bars and drinks, pet food, and supplements.
The application segment is categorized into bakery and snacks, pet food, nutritional bars and drinks, processed meat, and meat analogs. Among these, bakery and snacks are the most dominant market application for wheat protein. The demand for wheat protein in bakery and snacks is driven by the increasing consumption of healthy and low-calorie snacks. Additionally, the demand for plant-based meat alternatives has also led to a significant increase in the consumption of wheat protein in processed meat and meat analogs.
According to Ravi Bhandari, Research Head, 6Wresearch, the form segment is divided into dry and liquid forms; dry forms are more prevalent in the Indonesian market. The storage benefits of dry wheat protein make it a popular choice for food manufacturers. Additionally, dry wheat protein increases the shelf life of the products, making it a preferred choice for the food industry.
The concentration segment is further categorized into 0.75, 0.8, and 0.95 concentrations. The concentration of wheat protein is essential as it determines the final appearance, texture, and taste of the food product. In Indonesia, the 0.8 concentration is the most commonly used concentration due to its better binding properties.
The report offers a comprehensive study of the subsequent market segments:
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 Indonesia Wheat Protein Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Wheat Protein Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Wheat Protein Market - Industry Life Cycle |
3.4 Indonesia Wheat Protein Market - Porter's Five Forces |
3.5 Indonesia Wheat Protein Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Indonesia Wheat Protein Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Indonesia Wheat Protein Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Indonesia Wheat Protein Market Revenues & Volume Share, By Concentration, 2021 & 2031F |
4 Indonesia Wheat Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Wheat Protein Market Trends |
6 Indonesia Wheat Protein Market, By Types |
6.1 Indonesia Wheat Protein Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Wheat Protein Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 Indonesia Wheat Protein Market Revenues & Volume, By Gluten, 2021 - 2031F |
6.1.4 Indonesia Wheat Protein Market Revenues & Volume, By Protein Isolate, 2021 - 2031F |
6.1.5 Indonesia Wheat Protein Market Revenues & Volume, By Textured Protein, 2021 - 2031F |
6.1.6 Indonesia Wheat Protein Market Revenues & Volume, By Hydrolyzed Protein, 2021 - 2031F |
6.2 Indonesia Wheat Protein Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Wheat Protein Market Revenues & Volume, By Bakery & Snacks, 2021 - 2031F |
6.2.3 Indonesia Wheat Protein Market Revenues & Volume, By Pet Food, 2021 - 2031F |
6.2.4 Indonesia Wheat Protein Market Revenues & Volume, By Nutritional Bars & Drinks, 2021 - 2031F |
6.2.5 Indonesia Wheat Protein Market Revenues & Volume, By Processed Meat, 2021 - 2031F |
6.2.6 Indonesia Wheat Protein Market Revenues & Volume, By Meat Analogs, 2021 - 2031F |
6.3 Indonesia Wheat Protein Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Wheat Protein Market Revenues & Volume, By Dry, 2021 - 2031F |
6.3.3 Indonesia Wheat Protein Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.4 Indonesia Wheat Protein Market, By Concentration |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Wheat Protein Market Revenues & Volume, By 0.75, 2021 - 2031F |
6.4.3 Indonesia Wheat Protein Market Revenues & Volume, By 0.8, 2021 - 2031F |
6.4.4 Indonesia Wheat Protein Market Revenues & Volume, By 0.95, 2021 - 2031F |
7 Indonesia Wheat Protein Market Import-Export Trade Statistics |
7.1 Indonesia Wheat Protein Market Export to Major Countries |
7.2 Indonesia Wheat Protein Market Imports from Major Countries |
8 Indonesia Wheat Protein Market Key Performance Indicators |
9 Indonesia Wheat Protein Market - Opportunity Assessment |
9.1 Indonesia Wheat Protein Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Indonesia Wheat Protein Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Indonesia Wheat Protein Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Indonesia Wheat Protein Market Opportunity Assessment, By Concentration, 2021 & 2031F |
10 Indonesia Wheat Protein Market - Competitive Landscape |
10.1 Indonesia Wheat Protein Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Wheat Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |