#Wheat Protein Market Trends
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Wheat Protein Market Overview, Latest Trends, Growth Opportunities, Challenges, and Leading Players
The global wheat protein market is projected to grow from $2.5 billion in 2023 to $3.2 billion by 2028, with a compound annual growth rate (CAGR) of 4.9% during this period. This growth is driven by the rising popularity of meat-free diets, increasing obesity rates leading to higher demand for low-calorie foods, and a growing consumer preference for healthier options. Wheat gluten, known for its high protein content, has seen a surge in demand, contributing significantly to the expansion of the global wheat protein market.
Wheat Protein Market Drivers: Increase in consumer preference for meat analogs
The global market for plant-based meat alternatives has seen significant growth as consumers seek products that closely replicate the fibrous structure, texture, and mouthfeel of traditional meat. This rising demand has driven the development of plant protein-based meat substitutes worldwide. Increasing awareness of healthy and nutritious eating has also given rise to a new group of consumers, known as “flexitarians,” who are looking to reduce their meat intake. This shift in dietary preferences has spurred the creation of innovative products designed to meet consumer demand for meat-like options that not only taste like meat but also offer high protein content. For example, under the European research project LikeMeat, academic researchers and small to medium-sized enterprises have successfully developed new meat alternatives. They achieved this by creating fibrous, meat-like structures from plant proteins using a modified cooking extrusion process, which were then transformed into various food products.
Wheat Protein Market Opportunities: Growing role of wheat protein in the pet industry
The global pet food market is primarily driven by two significant trends: premiumization and humanization. Pet owners increasingly view their pets as family members, leading to a heightened demand for premium pet food that offers nutritional benefits, better digestibility, and superior ingredient quality. In response to this shift, major companies like Crespel & Deiters Group (Germany) are introducing wheat protein as a key ingredient in pet food products. Wheat, commonly used in dry dog foods and biscuits, provides high-quality carbohydrates that not only supply energy for daily activities but also enhance the food's processing capabilities. As a rich source of starches, vitamins, minerals, trace elements, and fiber, wheat-based products contribute to the development of balanced and nutritious pet foods, offering a holistic approach to optimizing pet diets.
How is the adoption of plant-based meat substitutes impacting the demand for textured wheat protein?
Textured wheat protein, also known as wheat meat, wheat gluten, or seitan, is a popular plant-based protein source used as a meat substitute for many years. A study published in the journal, Foods, in 2021 found that the demand for meat substitutes, including textured wheat protein, is increasing worldwide due to health, ethical, and environmental concerns associated with meat consumption. In 2019, a survey by the International Food Information Council found that 22% of US consumers reported consuming plant-based meat substitutes, including textured wheat protein, at least once a week. Therefore, the demand for textured wheat protein is increasing globally, driven by factors such as the growing popularity of plant-based diets and the increasing demand for sustainable and ethical food products.
North America Dominates the Wheat Protein Market Share.
Countries such as the US, Canada, and Mexico have been considered in this study. The market in the US is driven by growing consumer awareness about the importance of protein in the diet, which, in turn, has encouraged the demand for functional food & beverages. The versatile functionality of wheat protein has sustained demand in the baking industry, leading to constant growth in consumption. Research and technological developments in hydrolysed wheat protein have also led to a long-term consumption trend of wheat protein in the US. However, the increase in discussion on gluten intolerance acts as a hindrance to the growth of the wheat protein market in this region. The high functional profile, low carbon footprint, and low price of wheat-sourced proteins are the key factors encouraging the consumption of wheat protein, particularly in baked products.
Top Wheat Protein Companies
The key players in this market include ADM (US), Cargill, Incorporated (US), Tereos (France), Südzucker AG (US), MGP Ingredients (US), Roquette Frères (France), Glico Nutrition Foods Co., Ltd. (Japan), Kerry Group PLC (Ireland), Manildra Group (Australia), and Kröner-Stärke (Germany), among others. The study includes an in-depth competitive analysis of these key players in the wheat protein market with their company profiles, recent developments, and key market strategies.
Key questions addressed by the Wheat Protein Market Report:
What is the projected market value of the global wheat protein market?
What is the estimated growth rate (CAGR) of the global wheat protein market for the next five years?
What are the major revenue pockets in the wheat protein market currently?
What are the nutritional benefits of wheat protein?
What are the factors driving the growth of the wheat protein market?
What are the major players operating in the wheat protein market?
#Wheat Protein Market#Wheat Protein#Wheat Protein Market Size#Wheat Protein Market Share#Wheat Protein Market Growth#Wheat Protein Market Trends#Wheat Protein Market Forecast#Wheat Protein Market Analysis#Wheat Protein Market Report#Wheat Protein Market Scope#Wheat Protein Market Overview#Wheat Protein Market Outlook#Wheat Protein Market Drivers#Wheat Protein Industry
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The Future of the North America Wheat Protein Market
The North America wheat protein market size is expected to reach USD 3.37 billion by 2030. The product demand is anticipated to be driven by several factors including increasing demand for plant-based protein products, growing consumer interest in healthy food choices, and rising demand for wheat protein in various end-use industries, such as food and beverage, cosmetics, and personal care. In addition, the growing popularity of vegan and vegetarian diets in the region has contributed to market growth. Protein ingredients have major applications in sports nutrition, dietary and nutraceutical supplements, beverages, and animal feed. Dairy proteins are especially in demand for milk-based products like ice creams, frozen desserts, and confectionery due to their texture and taste.
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However, the increasing lactose intolerance among consumers poses a challenge to the dairy protein ingredient market. Nonetheless, the demand for dairy-based proteins, such as whey proteins, remains strong as they are integral components of various end-use products like salad dressings, bakery foods, medical nutrition products, and sports nutrition items. Rapid urbanization and changing consumer dietary habits, with a preference for proteins and amino acids among the most popular ingredient classes, support the growth. The demand for on-the-go protein snacks and protein-based functional beverages is on the rise, which also boosts the product in these applications. The growing health consciousness among consumers and the elderly demographics’ shift toward preventive healthcare have fueled the demand for protein ingredients. Moreover, increasing demand for protein-based ready-to-drink beverages, nutrition bars, and powders among sports enthusiasts supports market growth.
#Wheat Protein Market#North America Wheat Protein Market Size & Share#North America Wheat Protein Market Latest Trends#North America Wheat Protein Market Growth Forecast#COVID-19 Impacts On North America Wheat Protein Market#North America Wheat Protein Market Revenue Value
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Is Sourdough Bread Good for Weight Loss? - A Healthier Choice
Sourdough bread, a staple in many cultures for centuries, has recently seen a resurgence in popularity. But beyond its unique taste and texture, there’s growing interest in its potential health benefits, particularly regarding weight loss. This report delves into the making of sourdough, its health and fermentation benefits, nutritional profile, and expert opinions to answer the question: Is sourdough bread good for weight loss?
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Making of Sourdough
Sourdough’s simplicity is one of its key attractions. Traditionally, it’s made from just three ingredients: flour, water, and salt. This simplicity is a stark contrast to many commercially produced breads that contain a plethora of additives. The slow fermentation process of sourdough, where natural yeasts and bacteria interact with the dough, is what sets it apart. This process not only imparts a distinct tangy flavor but also influences the bread’s health properties.
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Sourdough Health Benefits
Sourdough’s health benefits are closely tied to its fermentation process. Priya Tew, an award-winning dietitian, explains, “Genuine sourdough bread can be more easily digested and can be lower in glycemic index than some shop-bought bread.” This lower glycemic index means sourdough doesn’t spike blood sugar levels as sharply as other breads, which is a crucial factor in weight management.
Gut Health: The fermentation process increases prebiotic and probiotic-like properties, which can improve gut health. Sourdough made with whole grains offers additional fiber, enhancing these gut-friendly benefits.
Digestion: Sourdough might improve the digestion of gluten due to changes in wheat enzymes during fermentation. While not suitable for people with celiac disease, those sensitive to gluten might find sourdough easier to digest.
Healthy Aging: Sourdough, a staple in the Mediterranean diet, is linked to healthy aging. It has antioxidant, anti-hypertensive, anti-diabetic, and FODMAP-reducing qualities.
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Sourdough Fermentation Benefits:
The fermentation process in sourdough bread leads to an increase in prebiotic and probiotic-like properties, which are beneficial for gut health. A 2021 review in the journal Microorganisms highlights this, noting that these properties help improve gut health. Additionally, the fermentation process enhances the bioavailability of nutrients like calcium, phosphorus, and iron, making them more accessible to the body.
Nutritional Profile:
A slice of sourdough bread typically contains about 84 calories, 16 grams of carbohydrates, 1 gram of fiber, 3 grams of protein, and 1 gram of total fat. Laura Tilt, a registered dietitian, points out, “White sourdough is a source of carbohydrates, calcium, iron, vitamin B1, and B3, forming part of a healthy diet.” However, she advises opting for wholewheat varieties for higher fiber content.
Facts about Sourdough Bread
Historical Popularity Surge: Sourdough’s recent popularity isn’t just a modern trend. Its global market value skyrocketed from $298.7 million to a staggering $2.4 billion in 2018. This surge reflects a growing awareness and appreciation of sourdough’s unique qualities and health benefits.
Enhanced Taste with Health Benefits: The fermentation process in sourdough not only contributes to its health benefits but also enhances its taste. Priya Tew notes that fermentation produces amino acids that add extra flavor, despite a decreased salt content in the bread. This means you get a tasty bread that’s also good for you.
B12 Enrichment: The fermentation of plant-based foods like sourdough can lead to the enrichment of vitamin B12. This is particularly noteworthy since B12 is typically associated with animal-based foods, making sourdough a valuable addition to vegetarian diets.
Impact on Blood Sugar Levels: Sourdough bread’s fermentation process results in a lower glycemic index compared to regular bread. This means it has a less dramatic impact on blood sugar levels, making it a smarter choice for those managing diabetes or looking to maintain stable energy levels throughout the day.
Variety in Sourdough Types: The diversity of sourdough bread is vast. From traditional white sourdough to wholewheat and rye varieties, each type offers different nutritional benefits. For instance, rye sourdough is known for its higher fiber content, while traditional white sourdough is fortified with essential vitamins and minerals.
Expert Opinion of Sourdough Bread on Weight Loss:
Experts agree that sourdough can be part of a weight loss diet. Tilt reminds us, “All foods can be part of a weight loss diet; it’s about balance and portion size.” She suggests pairing sourdough with nutrient-dense foods like eggs or nut butter for a balanced meal. The high fiber content in sourdough, especially in wholegrain varieties, is linked to feeling full for longer, which is beneficial for weight management.
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FAQs around Is Sourdough Bread Good for Weight Loss?
Can sourdough bread help in weight loss?
Yes, sourdough bread can be part of a weight-loss diet. Its high fiber content, especially in wholegrain varieties, helps you feel full longer, which can aid in managing calorie intake.
Is sourdough bread lower in calories than regular bread?
Sourdough bread’s calorie content is comparable to many other types of bread. However, its nutritional composition, particularly its lower glycemic index, makes it a healthier choice that can fit into a weight loss diet.
Does sourdough bread cause blood sugar spikes?
Sourdough bread has a lower glycemic index compared to many other breads, meaning it causes a slower and less dramatic rise in blood sugar levels. This makes it a suitable option for those managing blood sugar levels.
Can I eat sourdough bread every day if I’m trying to lose weight?
Yes, you can include sourdough bread in your daily diet while trying to lose weight. Remember, balance and portion control are key. Pairing it with nutrient-dense foods can make your meals more satisfying and nutritionally balanced.
Is sourdough bread better than whole wheat bread for weight loss?
Sourdough and whole wheat breads each have their benefits. Sourdough’s fermentation process can make it easier to digest and lower in glycemic index, while whole wheat bread is typically higher in fiber. Your choice may depend on personal dietary needs and preferences.
Does the type of flour used in sourdough affect weight loss?
Yes, the type of flour affects the nutritional content of sourdough bread. Wholegrain flours are higher in fiber and nutrients compared to refined flours, making them a better choice for weight loss.
Is sourdough bread gluten-free?
No, traditional sourdough bread is not gluten-free as it is made from wheat flour. However, the fermentation process can break down some of the gluten, making it easier to digest for those with mild gluten sensitivities, but it is not suitable for individuals with celiac disease.
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Sourdough bread, with its unique fermentation process and nutritional profile, offers several health benefits that can support weight loss goals. Its lower glycemic index, coupled with a higher fiber content, especially in wholegrain varieties, makes it a healthier choice compared to many other breads. While sourdough alone isn’t a magic bullet for weight loss, it can be a valuable part of a balanced and nutrient-rich diet. Variety and moderation are key to a healthy diet and effective weight management.
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Top 10 trending foods in USA
Here are some trending foods in the US that you will love. We will discuss in detail about the trending foods through this post and talk about the quality of
Below is a list of 10 trending foods in the United States
Avocado toast
Plant-based meat alternatives
Poke bowls
Gourmet burgers
Artisanal pizzas
Craft beer
Korean barbecue
Ramen
Street tacos
Cold brew coffee
Avocado toast
Avocado toast is a simple and popular breakfast or brunch dish in the United States. It typically consists of mashed avocado spread on top of a slice of toasted bread, often sourdough or whole wheat, and seasoned with salt, pepper, and sometimes lemon juice.
Additional toppings may include sliced tomatoes, microgreens, feta cheese, bacon, or a poached egg. The dish has gained popularity in recent years due to the rise in popularity of avocados, which are a nutrient-dense fruit rich in healthy fats and fiber. Avocado toast is also often marketed as a healthy and easy meal option for people with busy lifestyles.
Plant-based meat alternatives
Plant-based meat alternatives are food products designed to mimic the taste, texture, and appearance of traditional meat products, but made entirely from plant-based ingredients. They have become increasingly popular in the United States as more people adopt vegan, vegetarian, and flexitarian diets, and as concerns grow about the environmental and ethical impact of animal agriculture.
Some popular plant-based meat alternatives in the US include Beyond Meat, Impossible Foods, and Lightlife. These products are made using a variety of ingredients such as pea protein, soy protein, wheat gluten, and beet juice, which are processed and combined to create a meat-like texture and flavor.
Plant-based meat alternatives are often marketed as a healthier, more sustainable, and more ethical alternative to traditional meat. They are also popular among consumers who are looking for ways to reduce their carbon footprint, as animal agriculture is a significant contributor to greenhouse gas emissions. While plant-based meat alternatives are not necessarily healthier than traditional meat, they do offer a viable alternative for those who are looking to reduce their meat intake without sacrificing taste or convenience.
Poke bowls
Poke bowls are a popular Hawaiian dish that has become increasingly popular in the United States in recent years. They typically consist of cubes of raw fish, usually tuna or salmon, served over a base of rice or salad greens, and topped with various vegetables, sauces, and seasonings.
The term “poke” means “to slice” in Hawaiian, and the dish is believed to have originated in Hawaii as a way for fishermen to use up the less desirable parts of their catch. Today, poke bowls have evolved into a trendy and healthy meal option, and can be found in many restaurants and food trucks across the US.
Poke bowls are often customizable, with many different variations available. Some popular ingredients include avocado, seaweed, cucumber, edamame, and spicy mayo sauce. Poke bowls are often marketed as a healthy and fresh option, as they typically feature high-quality, nutrient-dense ingredients such as fish and vegetables. They can also be a good source of protein and healthy fats, making them a popular meal option among health-conscious consumers.
Artisanal pizzas
Artisanal pizzas are pizzas that are made by skilled craftspeople using high-quality, fresh, and often locally-sourced ingredients. These pizzas are typically hand-crafted, with attention paid to every detail, from the crust to the toppings. Artisanal pizza makers may use traditional techniques, such as wood-fired ovens, to give the pizzas a unique, authentic flavor.
Artisanal pizzas are often associated with the “farm-to-table” movement, which emphasizes the use of locally-sourced, sustainable ingredients. The toppings on artisanal pizzas can vary widely, from classic margherita with fresh tomato sauce, mozzarella cheese, and basil, to more innovative combinations such as smoked salmon and cream cheese, or roasted vegetables with goat cheese.
In recent years, artisanal pizza has become increasingly popular, with many restaurants and pizzerias offering their own unique takes on this classic dish. Some artisanal pizzerias have even gained national and international recognition for their high-quality, innovative pizzas.
Craft beer
Craft beer is a type of beer that is brewed in small batches using traditional brewing methods and high-quality ingredients, often sourced locally. Craft beer is typically produced by independent breweries that are small in scale, with a focus on producing unique and flavorful beers that offer a departure from the mass-produced beers that dominate the market.
The craft beer movement began in the 1970s and has since grown into a major industry, with thousands of independent breweries operating around the world. These breweries often experiment with different ingredients, brewing techniques, and flavor profiles to create beers that appeal to a wide range of tastes.
Craft beer is known for its wide variety of styles, ranging from hoppy IPAs and rich stouts to tart sours and crisp lagers. Many craft breweries also offer limited edition or seasonal beers, often made with unique or unusual ingredients, to keep their offerings fresh and exciting.
The popularity of craft beer has also given rise to beer tourism, with many breweries offering tours and tastings for visitors. Craft beer festivals and events have also become popular, with beer lovers gathering to sample different brews and celebrate the art of craft brewing.
Top 10 trending foods in USA
Korean barbecue
Korean barbecue, also known as “gogi-gui” in Korean, is a popular style of Korean cuisine that involves grilling meat, typically beef, pork, or chicken, at the table. The meat is usually marinated in a sweet and savory sauce before being grilled, and it is often accompanied by various side dishes such as kimchi, pickled vegetables, and rice.
Korean barbecue is typically cooked on a grill or griddle that is built into the table, allowing diners to cook the meat themselves and enjoy it hot off the grill. It is a social and interactive dining experience, as everyone at the table takes part in cooking and sharing the food.
Some of the most popular types of Korean barbecue meat include bulgogi (thinly sliced beef marinated in a soy sauce-based marinade), galbi (beef short ribs marinated in a sweet and savory sauce), and samgyeopsal (thick slices of pork belly). Other types of meat, such as chicken, duck, and seafood, can also be cooked in this style.
Korean barbecue has become increasingly popular around the world, and there are now many Korean barbecue restaurants that serve this delicious and flavorful cuisine.
Ramen
Ramen is a Japanese noodle soup dish that has become popular around the world. It typically consists of Chinese-style wheat noodles served in a savory broth that is often made with meat or fish, soy sauce, miso paste, and other seasonings. Ramen can be served in a variety of styles, such as shoyu (soy sauce-based), shio (salt-based), tonkotsu (pork bone-based), and miso (soybean paste-based), each with its unique flavor profile.
Ramen is usually served with a variety of toppings, such as sliced pork, boiled egg, green onions, and nori seaweed, although toppings can vary depending on the regional or personal preference. It is also common to add garlic, chili oil, or other condiments to adjust the flavor to taste.
Ramen is enjoyed both in casual settings, such as food stalls, as well as in more formal restaurants. It is a popular comfort food in Japan and has gained a following worldwide, with many Ramen shops opening up in major cities.
Street tacos
Street tacos are a popular type of taco commonly found in Mexico and in Mexican-American communities in the United States. They are typically served on soft corn tortillas and filled with a variety of grilled or roasted meats, such as beef, pork, chicken, or shrimp, as well as vegetables.
The meat is often marinated with a variety of spices and seasonings, and then grilled over an open flame or on a griddle, giving it a smoky and slightly charred flavor. Common toppings for street tacos include chopped onions, cilantro, avocado, and a squeeze of lime, although the toppings can vary depending on the region or personal preference.
Street tacos are often served in a casual outdoor setting, such as food trucks or outdoor markets, and are usually sold at an affordable price. They are a favorite of many people for their portability and ease of eating on the go, as well as their delicious and authentic flavors.
Cold brew coffee
Cold brew coffee is a type of coffee that is brewed with cold or room temperature water, rather than hot water. The process of making cold brew coffee involves steeping coffee grounds in cold water for an extended period of time, usually between 12 and 24 hours, which allows the coffee to slowly infuse into the water, creating a rich and smooth flavor.
Cold brew coffee is typically less bitter and acidic than hot-brewed coffee, which makes it appealing to many people who find hot coffee too harsh or acidic. It is also served cold or over ice, which makes it a refreshing and popular drink during the summer months.
Cold brew coffee can be made using a variety of coffee beans, including light, medium, and dark roast. The coffee can be enjoyed black or with milk, cream, or sugar added to taste.
Cold brew coffee has become increasingly popular in recent years and is now commonly available at coffee shops and cafes around the world, as well as being available in pre-made bottles and cans in grocery stores.
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Wheat Protein Market: A Look at Global Trends and Forecast
The global wheat protein market was valued at USD 6.77 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. This growth is primarily driven by the increasing popularity of plant-based diets and the rising number of individuals adopting vegan diets, particularly in developing economies. As more consumers opt for plant-based nutrition, the demand for wheat protein is expected to rise, offering a viable alternative to animal-based proteins. Furthermore, the growth of the wheat protein market is also fueled by demographic trends such as the aging population, rising income levels, and increased urbanization, which contribute to greater awareness of health-conscious eating and a demand for alternative protein sources.
Lactose intolerance is another factor that is boosting the adoption of wheat protein. Lactose intolerance is a condition in which the body is unable to digest lactose, a natural sugar found in dairy products such as milk. While whey protein isolates are processed to remove much of the lactose, individuals with even mild lactose intolerance may still find these products problematic. For those looking to increase their protein intake—whether for health, fitness, or dietary reasons—wheat protein presents an ideal alternative. As consumers seek plant-based options free from dairy, wheat protein is emerging as a leading choice, further contributing to the expansion of the market.
Gather more insights about the market drivers, restrains and growth of the Wheat Protein Market
Market Concentration & Characteristics
The wheat protein market is characterized by significant innovation, particularly in the development of plant-based and gluten-free products. Manufacturers are responding to consumer demand by developing gluten-free wheat protein options. These innovations are designed to meet the needs of individuals with gluten sensitivities or those following gluten-free diets, thereby expanding the product's appeal to a wider consumer base.
To solidify their position in the market, companies are increasingly focusing on strategic acquisitions. By acquiring small and medium-sized enterprises (SMEs) within the industry, large multinational companies can expand their reach and strengthen their market presence, particularly in international markets. This strategy is expected to continue in the coming years, as companies look to capitalize on growth opportunities in both established and emerging regions.
Another critical aspect of market dynamics is compliance with food safety regulations. Wheat protein manufacturers must adhere to strict food safety standards to prevent contamination and ensure the safety of their products. This is crucial to maintaining consumer trust and ensuring the long-term success of wheat protein in the marketplace.
Despite these advancements, wheat protein faces strong competition from other plant-based protein alternatives. Soy protein, pea protein, and rice protein are all popular substitutes that offer different nutritional profiles and functional properties. These alternatives are commonly used in a variety of food products, including meat substitutes, protein bars, and dairy replacements. The choice of a protein substitute often depends on specific dietary needs, functional benefits, and flavor preferences. As a result, manufacturers must continue to innovate and differentiate their wheat protein offerings to maintain competitiveness in a rapidly evolving market.
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Chickpea Flour Market: Impacting Factors in a Dynamic Food Industry
The chickpea flour market is influenced by various factors that shape its growth and development in the food industry. Understanding these impacting factors is essential for businesses looking to capitalize on the increasing demand for this versatile ingredient.
One of the primary factors driving the chickpea flour market is the growing health consciousness among consumers. As more people seek nutritious food options, chickpea flour, rich in protein, fiber, and essential nutrients, has gained popularity. Its reputation as a healthy alternative to traditional flours appeals to a wide audience, including those pursuing weight management, fitness, and overall well-being.
The rising trend of gluten-free diets is another significant factor impacting the market. With a growing number of individuals diagnosed with gluten intolerance or celiac disease, the demand for gluten-free alternatives has surged. Chickpea flour naturally lacks gluten, making it an excellent substitute for wheat flour in various recipes. This has prompted food manufacturers to innovate and create a range of gluten-free products that utilize chickpea flour, thereby expanding its market presence.
Additionally, the increasing popularity of plant-based diets is reshaping consumer preferences. As more individuals adopt vegetarian or vegan lifestyles, the demand for plant-based protein sources has risen. Chickpea flour, known for its high protein content, fits perfectly into this trend, providing an essential ingredient for plant-based meals and snacks. This shift encourages food companies to develop innovative products that cater to this growing demographic.
Sustainability concerns also play a crucial role in the chickpea flour market. As consumers become more aware of the environmental impact of their food choices, the eco-friendly nature of chickpea cultivation appeals to those seeking sustainable options. Chickpeas require less water and are generally more sustainable to grow compared to other crops, making chickpea flour an attractive choice for environmentally conscious consumers.
In summary, the impacting factors of the chickpea flour market include rising health awareness, the gluten-free trend, the shift toward plant-based diets, and sustainability concerns. By understanding these influences, businesses can better position themselves to meet the demands of an evolving consumer landscape.
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Modified Starch Market Overview Analysis, Trends, Share, Size, Type & Future Forecast to 2034
The Modified Starch Market has been witnessing robust growth globally due to its wide-ranging applications across several industries. Modified starch is derived from natural sources such as corn, potato, cassava, and wheat, and is chemically, enzymatically, or physically modified to enhance its functional properties, making it suitable for a variety of industrial uses. This market is being propelled by increasing demand in sectors like food and beverages, pharmaceuticals, paper, and textiles.
The modified starch market is expected to reach a value of USD 13.9 billion globally in 2022. It is anticipated to reach USD 16.4 billion by 2031 at a projected compound annual growth rate (CAGR) of 3.3%.
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Key Growth Drivers
Food and Beverage Industry: Modified starch plays a crucial role in the food industry as a thickening, stabilizing, emulsifying, and gelling agent. It improves the texture, appearance, and shelf-life of processed foods. The rise in demand for convenience foods and processed meals is a major driver in this segment.
Rising Health Awareness: Growing consumer preference for low-fat, gluten-free, and clean-label products is leading to increased usage of modified starch as a healthier alternative to synthetic additives.
Non-food Industrial Applications: The paper, textile, and pharmaceutical industries also account for significant usage. In the paper industry, modified starch improves paper strength, while in textiles, it is used for fabric finishing. Its role in pharmaceuticals includes drug formulation and binding.
Expanding Use in Bio-based Plastics: The rise of biodegradable and bio-based plastics, driven by environmental concerns and government regulations, is increasing the use of modified starch as a sustainable ingredient in eco-friendly packaging solutions.
Technological Innovations: Ongoing R&D and technological advancements are leading to the development of highly functional modified starches with improved characteristics like resistance to heat, acid, and shear, which are used in specialized applications.
Trends Impacting the Market
Shift Toward Organic and Clean Label Products: Consumers are increasingly demanding transparency in ingredients, prompting manufacturers to explore modified starches derived from organic sources or processed with minimal chemicals.
Focus on Sustainability: The use of modified starch in bioplastics and eco-friendly packaging solutions is growing as companies aim to reduce their environmental footprint. This is particularly relevant in regions like Europe, where strict environmental regulations are pushing industries to adopt greener practices.
Growth in Plant-Based Foods: With the rise of vegan and plant-based diets, modified starch is being used in alternative protein products and non-dairy beverages to enhance texture and stability, aligning with the shift toward meat and dairy alternatives.
Increasing Research & Development: Investment in R&D is rising to develop starches with new functionalities like resistance to high temperatures, acid, and shear, which are essential for certain industrial processes, particularly in the pharmaceutical and food processing industries.
Customization for Industrial Applications: Modified starch manufacturers are offering tailored solutions to meet the specific needs of industries like oil and gas, construction, and adhesives, where starch acts as a binder or stabilizer under extreme conditions.
Challenges in the Modified Starch Market
Volatile Raw Material Prices: The prices of raw materials, such as corn and wheat, are subject to market fluctuations, which can impact the overall production costs of modified starch.
Stringent Food Regulations: Regulatory guidelines concerning the use of modified starches in food products, especially in terms of labeling and safety, pose challenges for manufacturers looking to expand into new regions.
Key companies profiled in this research study are,
• Emsland-Stärke GmbH
• Grain Processing Corporation
• Global Bio-Chem Technology Group Company Limited
• Ingredion Incorporated
• Roquette Frères
• ADM
• Agrana Beteiligungs AG
• Avebe U.A.
• Cargill, Incorporated
• Samyang Genex Corp.
• Beneo-Remy N.V.
• Siam Modified Starch Co., Ltd.
• China Essence Group Ltd.
• PT Budi Starch & Sweetener Tbk
• Tate & Lyle PLC
• ULRICK&SHORT
• KMC (Kartoffelmelcentralen) Amb
• Other Players
Modified Starch Market Segmentation,
By Source
• Corn
• Wheat
• Cassava
• Potato
• Other Sources
By Type
• Etherified Starch
• Pre-gelatinized Starch
• Resistant Starch
• Esterified Starch
• Other Types
By Application
Food and Beverage
Bakery and Confectionery
Beverages
Dairy
Meat and Meat Products
Soups, Sauces, and Dressings
Other Foods and Beverages
Regional Insights
Asia-Pacific Expansion: The rising population and urbanization in countries like China, India, and Southeast Asia present significant opportunities for modified starch producers. The region's expanding food processing, pharmaceutical, and paper industries are major growth drivers.
Latin America: Countries like Brazil, which have abundant raw material sources (corn and cassava), are increasingly investing in modified starch production. The food and beverage industry in Latin America is rapidly expanding, creating more opportunities for the modified starch market.
Middle East and Africa: As industrialization and urbanization grow in the Middle East and Africa, there's a rising demand for modified starch in food, textiles, and paper. Additionally, the increase in processed food consumption offers strong growth potential in this region.
Conclusion
The Modified Starch Market is poised for robust growth, driven by its versatile applications across industries such as food, pharmaceuticals, cosmetics, textiles, and paper. The rising demand for processed and convenience foods, coupled with increasing industrial applications, is fueling market expansion. While challenges such as raw material price volatility and regulatory constraints exist, advancements in sustainable starch sources and innovations tailored to specific industry needs are creating new growth opportunities. Companies that focus on innovation and sustainability will be well-positioned to capitalize on the evolving demands of this dynamic market.
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Protein Ingredients Market Analysis, Top Key Players, Drivers and Trends by Forecast to 2030
The global protein ingredients market was valued at USD 77.69 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. The market is gaining significant momentum due to the increasing demand for food products like margarine, cold cuts, bakery items, spreads, yogurt, and milk sausages, all of which are produced using protein ingredients. The rising consumption of these protein-rich products among health-conscious consumers, particularly the elderly, is further fueling market growth. Additionally, manufacturers are innovating and developing various proteins with a broad range of amino acids that serve specific functions, such as promoting satiety, muscle repair, weight loss, and energy balance, which opens up more growth opportunities for the market in the forecast period.
The industry has witnessed a notable increase in the consumption of animal-based products recently, and animal protein is expected to see continued growth, especially in the U.S. The strong domestic demand for animal-derived products is expected to drive the need for protein ingredients further. Companies involved in the production and supply of these ingredients are strengthening their distribution networks to ensure better market penetration, a factor that is expected to boost the industry's growth over the next several years.
Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market
Product Segmentation Insights:
In terms of product types, the animal/dairy protein segment dominated the market, accounting for a revenue share of 78.94% in 2022. This segment's growth is primarily driven by the high demand for premium-quality proteins across sectors such as food and beverages, animal feed, and personal care. Animal proteins are considered complete sources of protein because they contain all the essential amino acids the human body requires, making them a preferred choice for consumers aiming to maintain a healthy lifestyle. The numerous health benefits of animal protein ingredients have been well-supported by scientific research and endorsed by regulatory authorities. For example, whey protein has been shown to boost glutathione (GSH) levels, which enhances nutritional status and immune function in cancer patients undergoing chemotherapy.
The animal protein segment is expected to grow at a moderate CAGR of 4.4% during the forecast period, driven by its use in the animal feed industry, where it is employed as a supplement to promote the health and growth of livestock. In the personal care sector, animal proteins are incorporated into hair and skincare products to improve the texture and appearance of hair and skin. Among animal proteins, egg protein held the largest share (43.28%) in 2022, as eggs are a rich source of high-quality protein. Each egg contains approximately 6-7 grams of protein, with both the whites and yolks contributing to this amount. Eggs also offer numerous other health benefits, such as being low in calories and high in essential nutrients like choline, iron, and vitamins A, D, E, and B12. The versatility of egg protein, which can be incorporated into a wide range of food products (e.g., baked goods, sauces, and dressings), further drives its popularity among consumers.
Plant Proteins -
Plant proteins are expected to grow at a significant CAGR of 9.1% during the forecast period. This growth is driven by the increasing preference for plant-based diets, which are seen as healthier and more sustainable than animal-based diets. Plant proteins are also relatively inexpensive, which is expected to further boost demand in the coming years. The growing trend of veganism, particularly in North America and Europe, is also contributing to the rise in consumption of plant-based protein ingredients. Soy and wheat proteins are particularly popular as they are perceived to offer numerous health benefits.
Cereal-based proteins are also expected to see significant growth, particularly in the personal care and cosmetics industries. For example, corn-based ingredients are used as skin and hair conditioning agents, abrasives, absorbents, and binders in a variety of products, including facial makeup, fragrances, hair care products, hair dyes, and even oral care products.
Insect Proteins -
Insect proteins represent the fastest-growing segment in the market, with a projected CAGR of 26.4% over the forecast period. Protein derived from insects, such as crickets, has found increasing use in various applications, particularly in nutritional bars where it is added in powder form to boost nutritional value and flavor. Companies like Crik Nutrition source insect proteins from farms that adhere to strict guidelines, ensuring that the crickets used are of the highest quality for human consumption.
Research at Wageningen University suggests that waste generated from insect-rearing could be used to promote sustainable agriculture. The exoskeletons of insects are rich in chitin, a compound that can be metabolized by certain bacteria to enhance plant resilience against pests and diseases. Insects are highly efficient to farm, producing ten times as much edible protein per kilogram of grass compared to traditional livestock. This ability to produce more protein with fewer resources positions insect-rearing as an integral component of a circular food system, one in which waste is minimized and sustainability is maximized.
The combination of rising health-conscious consumer behaviors, innovations in protein ingredient development, and the drive for sustainable, eco-friendly food sources will continue to fuel the growth of the global protein ingredients market over the forecast period.
Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.
#Protein Ingredients Industry#Protein Ingredients Market Analysis#Protein Ingredients Market Trends#Protein Ingredients Market Growth
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Protein Ingredients Industry 2030 Forecast, Future Outlook, Share, Trends, Application
The global protein ingredients market was valued at USD 77.69 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. The market is gaining significant momentum due to the increasing demand for food products like margarine, cold cuts, bakery items, spreads, yogurt, and milk sausages, all of which are produced using protein ingredients. The rising consumption of these protein-rich products among health-conscious consumers, particularly the elderly, is further fueling market growth. Additionally, manufacturers are innovating and developing various proteins with a broad range of amino acids that serve specific functions, such as promoting satiety, muscle repair, weight loss, and energy balance, which opens up more growth opportunities for the market in the forecast period.
The industry has witnessed a notable increase in the consumption of animal-based products recently, and animal protein is expected to see continued growth, especially in the U.S. The strong domestic demand for animal-derived products is expected to drive the need for protein ingredients further. Companies involved in the production and supply of these ingredients are strengthening their distribution networks to ensure better market penetration, a factor that is expected to boost the industry's growth over the next several years.
Gather more insights about the market drivers, restrains and growth of the Protein Ingredients Market
Product Segmentation Insights:
In terms of product types, the animal/dairy protein segment dominated the market, accounting for a revenue share of 78.94% in 2022. This segment's growth is primarily driven by the high demand for premium-quality proteins across sectors such as food and beverages, animal feed, and personal care. Animal proteins are considered complete sources of protein because they contain all the essential amino acids the human body requires, making them a preferred choice for consumers aiming to maintain a healthy lifestyle. The numerous health benefits of animal protein ingredients have been well-supported by scientific research and endorsed by regulatory authorities. For example, whey protein has been shown to boost glutathione (GSH) levels, which enhances nutritional status and immune function in cancer patients undergoing chemotherapy.
The animal protein segment is expected to grow at a moderate CAGR of 4.4% during the forecast period, driven by its use in the animal feed industry, where it is employed as a supplement to promote the health and growth of livestock. In the personal care sector, animal proteins are incorporated into hair and skincare products to improve the texture and appearance of hair and skin. Among animal proteins, egg protein held the largest share (43.28%) in 2022, as eggs are a rich source of high-quality protein. Each egg contains approximately 6-7 grams of protein, with both the whites and yolks contributing to this amount. Eggs also offer numerous other health benefits, such as being low in calories and high in essential nutrients like choline, iron, and vitamins A, D, E, and B12. The versatility of egg protein, which can be incorporated into a wide range of food products (e.g., baked goods, sauces, and dressings), further drives its popularity among consumers.
Plant Proteins -
Plant proteins are expected to grow at a significant CAGR of 9.1% during the forecast period. This growth is driven by the increasing preference for plant-based diets, which are seen as healthier and more sustainable than animal-based diets. Plant proteins are also relatively inexpensive, which is expected to further boost demand in the coming years. The growing trend of veganism, particularly in North America and Europe, is also contributing to the rise in consumption of plant-based protein ingredients. Soy and wheat proteins are particularly popular as they are perceived to offer numerous health benefits.
Cereal-based proteins are also expected to see significant growth, particularly in the personal care and cosmetics industries. For example, corn-based ingredients are used as skin and hair conditioning agents, abrasives, absorbents, and binders in a variety of products, including facial makeup, fragrances, hair care products, hair dyes, and even oral care products.
Insect Proteins -
Insect proteins represent the fastest-growing segment in the market, with a projected CAGR of 26.4% over the forecast period. Protein derived from insects, such as crickets, has found increasing use in various applications, particularly in nutritional bars where it is added in powder form to boost nutritional value and flavor. Companies like Crik Nutrition source insect proteins from farms that adhere to strict guidelines, ensuring that the crickets used are of the highest quality for human consumption.
Research at Wageningen University suggests that waste generated from insect-rearing could be used to promote sustainable agriculture. The exoskeletons of insects are rich in chitin, a compound that can be metabolized by certain bacteria to enhance plant resilience against pests and diseases. Insects are highly efficient to farm, producing ten times as much edible protein per kilogram of grass compared to traditional livestock. This ability to produce more protein with fewer resources positions insect-rearing as an integral component of a circular food system, one in which waste is minimized and sustainability is maximized.
The combination of rising health-conscious consumer behaviors, innovations in protein ingredient development, and the drive for sustainable, eco-friendly food sources will continue to fuel the growth of the global protein ingredients market over the forecast period.
Order a free sample PDF of the Protein Ingredients Market Intelligence Study, published by Grand View Research.
#Protein Ingredients Industry#Protein Ingredients Market Analysis#Protein Ingredients Market Trends#Protein Ingredients Market Growth
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Wheat Protein Market Size, Share, Trends, Future Growth, Challenges and Competitive Analysis
The global wheat protein market size is anticipated to reach a value of $2.5 billion by 2023 and $3.2 billion by 2028, representing a compound annual growth rate (CAGR) of 4.9% from 2023 to 2028. Owing to the increase in demand for meat-free diets, rising obesity cases resulting in demand for low-calorie foods, and consumers seeking healthy foods. Wheat gluten, being rich in proteins, is a suitable option and has boosted the demand for it in the global wheat protein market.
Wheat Protein Market Drivers: Increase in consumer preference for meat analogues
The global market for plant-based meat alternatives has been expanding rapidly as consumers increasingly seek products that mimic the texture, structure, and mouthfeel of traditional meat. This growing demand has spurred the development of plant protein-based meat substitutes worldwide. As more consumers become aware of the benefits of healthy and nutritious foods, a new group known as "flexitarians" has emerged individuals who are actively reducing their meat intake. This shift in eating habits has driven the creation of innovative products that not only replicate the taste of meat but also offer comparable high-protein nutritional value. For example, under the European research initiative LikeMeat, academic researchers and various small and medium-sized enterprises have successfully developed fibrous, meat-like structures from plant proteins using a modified cooking extrusion process, which has been further processed into a range of food products.
Wheat Protein Market Opportunities: Growing role of wheat protein in the pet industry
The pet food market is driven by two primary trends globally. These trends are premiumization and humanization. There is a growing trend of pet humanization as a “family member” among owners. Due to this, there is a rise in the demand for premium pet food with nutritional benefits, better digestibility, and improved ingredient quality for pets. Considering this changing human tendency, the major players, such as Crespel & Deiters Group (Germany), are offering wheat protein as an ingredient that can be incorporated in pet food products.
In dry dog foods and biscuits, wheat is a grain that provides high-quality carbohydrates. In addition to giving us energy for daily tasks, it also gives food the ability to be processed. Wheat is a major source of nutrients and offers a wide range of advantages. Wheat-based products offer holistic, wheat-based solutions for optimizing pet food because they are rich in starches, vitamins, minerals, trace elements, and fiber, which aid in the formation of balanced pet food products.
How does the rise in plant-based meat substitutes influence the demand for textured wheat protein?
Textured wheat protein, also known as wheat meat, wheat gluten, or seitan, is a popular plant-based protein source used as a meat substitute for many years. A study published in the journal, Foods, in 2021 found that the demand for meat substitutes, including textured wheat protein, is increasing worldwide due to health, ethical, and environmental concerns associated with meat consumption. In 2019, a survey by the International Food Information Council found that 22% of US consumers reported consuming plant-based meat substitutes, including textured wheat protein, at least once a week.
Therefore, the demand for textured wheat protein is increasing globally, driven by factors such as the growing popularity of plant-based diets and the increasing demand for sustainable and ethical food products.
North America dominates the wheat protein market share.
Countries such as the US, Canada, and Mexico have been considered in this study. The market in the US is driven by growing consumer awareness about the importance of protein in the diet, which, in turn, has encouraged the demand for functional food & beverages. The versatile functionality of wheat protein has sustained demand in the baking industry, leading to constant growth in consumption. Research and technological developments in hydrolyzed wheat protein have also led to a long-term consumption trend of wheat protein in the US. However, the increase in discussion on gluten intolerance acts as a hindrance to the growth of the wheat protein market in this region. The high functional profile, low carbon footprint, and low price of wheat-sourced proteins are the key factors encouraging the consumption of wheat protein, particularly in baked products.
Top Wheat Protein Market Companies
The key players in this market include ADM (US), Cargill, Incorporated (US), Tereos (France), Südzucker AG (US), MGP Ingredients (US), Roquette Frères (France), Glico Nutrition Foods Co., Ltd. (Japan), Kerry Group PLC (Ireland), Manildra Group (Australia), Kröner-Stärke (Germany), among others. The study includes an in-depth competitive analysis of these key players in the wheat protein market with their company profiles, recent developments, and key market strategies.
Key questions addressed by the Wheat Protein Market Report:
What is the projected market value of the global wheat protein market?
What is the estimated growth rate (CAGR) of the global wheat protein market for the next five years?
What are the major revenue pockets in the wheat protein market currently?
What are the nutritional benefits of wheat protein?
What are the factors driving the growth of the wheat protein market?
What are the major players operating in the wheat protein market?
#Wheat Protein Market#Wheat Protein#Wheat Protein Market Size#Wheat Protein Market Share#Wheat Protein Market Growth#Wheat Protein Market Trends#Wheat Protein Market Forecast#Wheat Protein Market Analysis#Wheat Protein Market Report#Wheat Protein Market Scope#Wheat Protein Market Overview#Wheat Protein Market Outlook#Wheat Protein Market Drivers#Wheat Protein Industry
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The Automotive Steel Market is projected to grow from USD 126,379.5 million in 2023 to an estimated USD 156,669.46 million by 2032, with a compound annual growth rate (CAGR) of 2.72% from 2024 to 2032. The global meat substitutes market has gained significant traction in recent years, driven by a growing awareness of the environmental, ethical, and health concerns associated with traditional meat consumption. As more consumers shift towards plant-based and alternative protein sources, companies and investors are increasingly focusing on meat substitutes as a lucrative sector with immense potential for growth.
Browse the full report https://www.credenceresearch.com/report/automotive-steel-market
Market Overview
Meat substitutes, also known as meat analogs or plant-based meats, are products designed to replicate the taste, texture, and nutritional profile of meat without using animal products. These alternatives are typically derived from ingredients like soy, peas, wheat, and mushrooms, although advancements in food technology have led to the development of lab-grown or cultured meat as well.
According to market research, the global meat substitutes market was valued at approximately USD 4.9 billion in 2021 and is projected to reach USD 9.25 billion by 2027, registering a compound annual growth rate (CAGR) of 11.8%. The market's rapid expansion is driven by multiple factors, including growing consumer awareness, the rise of flexitarian diets, and increased investment in research and development.
Key Market Drivers
1. Health Consciousness Consumers are increasingly mindful of the health risks associated with excessive meat consumption, including heart disease, obesity, and certain cancers. Meat substitutes are perceived as healthier alternatives, often containing lower levels of cholesterol, saturated fat, and calories. Plant-based meats are also seen as beneficial for individuals seeking high-protein options while avoiding the adverse effects of red and processed meats.
2. Environmental Concerns The environmental impact of livestock farming has become a prominent issue, with meat production accounting for a significant portion of global greenhouse gas emissions, deforestation, and water use. Meat substitutes are considered a more sustainable option, as they require fewer resources to produce and generate less pollution. This has led eco-conscious consumers to turn towards plant-based diets, reducing their carbon footprint by cutting down on animal-based food consumption.
3. Ethical and Animal Welfare Considerations Ethical concerns related to animal farming practices have also contributed to the rise of meat substitutes. Many consumers are adopting vegetarian, vegan, or flexitarian diets as they become more aware of issues like factory farming, animal cruelty, and the environmental costs of large-scale meat production. The rise of social media and documentaries highlighting these concerns has further accelerated this trend.
4. Flexitarian and Vegan Diets The growing popularity of flexitarian diets—where individuals reduce their meat intake without fully eliminating it—has significantly contributed to the growth of the meat substitutes market. A shift towards plant-based eating is also evident among younger generations, particularly millennials and Gen Z, who are more likely to adopt vegetarian or vegan lifestyles.
5. Technological Advancements Advancements in food science and biotechnology have allowed companies to create highly realistic meat substitutes that closely mimic the texture and taste of traditional meat. These innovations have led to a surge in consumer acceptance and demand for plant-based meats, with products like Beyond Meat and Impossible Foods becoming household names. Furthermore, lab-grown or cultured meat, though still in its nascent stages, holds the potential to revolutionize the meat substitutes market in the coming years.
Challenges and Limitations
Despite its rapid growth, the meat substitutes market faces several challenges. One major concern is the higher cost of plant-based meat products compared to conventional meat, which can deter price-sensitive consumers. However, as production scales and new technologies emerge, prices are expected to become more competitive.
Another issue is taste and texture. While companies have made significant progress in creating products that resemble meat, some consumers still find plant-based substitutes lacking in flavor or mouthfeel compared to the real thing. Continuous innovation and investment in product development will be critical to overcoming these hurdles.
There is also a growing debate about the nutritional profile of some highly processed meat substitutes. Critics argue that certain plant-based products are heavily processed and contain additives that may not align with a truly healthy diet. As consumer awareness of food ingredients grows, manufacturers may need to focus on creating cleaner-label alternatives.
Future Outlook
The future of the meat substitutes market looks promising. As consumer demand for sustainable, healthy, and ethical food options continues to rise, companies in the space are expected to expand their product offerings and improve product quality. The entry of major food companies into the plant-based sector, coupled with the development of innovative technologies like cultured meat, will likely spur further growth in the industry.
Additionally, government initiatives promoting sustainability and climate-friendly practices may also boost the market for meat substitutes, with subsidies, regulations, and policies encouraging the production and consumption of plant-based alternatives.
Key players
ArcelorMittal
TATA Steel
China Steel Corporation
Hyundai Steel
United States Steel Corporation
JSW Group
POSCO
Nippon Steel & Sumitomo Metal Corporation
JFE Steel Corporation
NUCOR Corporation
Jindal Steel & Power
Grow Ever Steel
HBIS Group
Outokumpu OYJ
Kobe Steel
Segments
By Process
Basic Oxygen Furnace (BOF)
Electric Arc Furnace (EAF)
By Vehicle
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Twowheeler Vehicles
Market, Product By Application
Low Strength Steel
Conventional HSS
Advanced High Strength Steel (AHSS)
Others
Market, By Application
Body Structure
Power Train
Suspension
Others
Market, By Region
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
India
Japan
South Korea
Indonesia
Latin America
Brazil
Mexico
Middle East & Africa
South Africa
Saudi Arabia
Browse the full report https://www.credenceresearch.com/report/automotive-steel-market
Contact:
Credence Research
Please contact us at +91 6232 49 3207
Email: [email protected]
Website: www.credenceresearch.com
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European feeds- Soymeal easier with futures, other commodities Gdynia, October 16 (LSEG) - Soymeal on the European meals and feeds market eased on Wednesday following softer CBOT soymeal close and outside commodities. South American soymeal was offered between $1 a tonne higher and $10 a tonne lower. European low and high protein soymeal were offered between $2 a tonne higher and $3 a tonne lower. The prices followed weaker Tuesday's close of CBOT soymeal on technical selling and a bearish sentiment in other commodities. Lower CBOT wheat and corn also weighed. Rapemeal was offered between one and five euros a tonne lower, tracking downward trend in CBOT soybean and soymeal.
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Almond Market: A Growing Industry Fueled by Health Trends and Sustainability
The almond market has witnessed significant growth in recent years, driven by rising consumer demand for healthier food options and the expanding applications of almonds across multiple industries, including snacks, beverages, and cosmetics. The Almond Market Size is projected to reach USD 10.12 billion in 2024, with expectations to grow to USD 13.27 billion by 2029. This growth indicates a compound annual growth rate (CAGR) of 5.55% throughout the forecast period from 2024 to 2029.
Key Trends in the Almond Market:
Health and Wellness Boom: Almonds are increasingly popular due to their high nutritional content, including healthy fats, fiber, and protein. This has made them a favorite among health-conscious consumers looking for alternatives to traditional snacks.
Vegan and Plant-based Diets: The rise of vegan and plant-based diets has spurred demand for almond-based products such as almond milk, almond butter, and almond flour, as they offer a versatile and nutritious dairy and wheat alternative.
Growth in Functional Foods: Almonds are being incorporated into functional foods, those that provide health benefits beyond basic nutrition, such as enhancing heart health or supporting weight management. This trend is expected to boost the market even further.
Rising Demand in the Cosmetics Industry: Almond oil is widely used in skincare and beauty products due to its moisturizing and anti-aging properties. The increasing demand for natural ingredients in cosmetics is further driving the almond market.
Sustainability Focus: With climate change affecting agricultural practices, almond growers are increasingly focusing on water-efficient farming and sustainable production methods. This shift is critical for maintaining long-term growth.
Expanding Applications in the Beverage Industry: Almond milk has become a popular alternative to dairy milk, with a growing number of consumers turning to almond-based beverages due to lactose intolerance or lifestyle choices.
Fluctuating Prices Due to Weather Conditions: Almond production is heavily dependent on weather, especially in major producing regions like California. Adverse weather conditions, such as droughts, can affect almond supply and pricing.
Technological Advancements in Farming: Innovations in agricultural technology, such as precision farming and advanced irrigation systems, are being adopted by almond growers to increase yield and improve resource efficiency.
Export Opportunities: With global demand increasing, especially in markets like India and China, almond exports are expected to surge, providing new growth opportunities for producers.
Challenges in Supply Chain and Tariffs: The almond market faces challenges such as trade tariffs and logistics disruptions, particularly in major producing and exporting regions. These factors can impact pricing and availability in the international market.
Conclusion:
As consumer preferences continue to shift toward healthier, plant-based, and sustainable options, the almond market is set to flourish in the coming years. With increasing applications across food, beverages, and cosmetics, along with a focus on sustainable farming, the almond industry is poised to remain a key player in the global food and wellness market. Producers will need to navigate challenges such as climate change and supply chain disruptions while capitalizing on the growing demand for nutritious and versatile almond-based products.
For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/almond-market
#almond market#almond market size#almond market share#almond market trends#almond market analysis#almond market growth#almond market forecast
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The Role of Supply and Demand in the Wheat Protein Market Dynamics
The global wheat protein market was valued at USD 6.77 billion in 2023 and is projected to experience a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. This anticipated growth in the wheat protein industry is largely attributed to the increasing adoption of plant-based diets and a notable rise in the number of individuals choosing vegan diets, particularly in developing economies. Additionally, demand for wheat protein is expected to be bolstered by demographic factors such as a growing elderly population, rising income levels, and increasing urbanization.
Concerns related to weight management have long been prevalent globally, and the obesity epidemic has intensified in recent years. According to the World Health Organization, the rate of global obesity has tripled since 1975, with approximately 13% of adults classified as obese and 39% categorized as overweight. Moreover, the Global Nutrition Report highlights alarming statistics, indicating that 149.2 million children under five years old are stunted, 38.9 million are overweight, and 45.4 million are experiencing wasting. These statistics underscore the urgent need for individuals to focus on maintaining a healthy, balanced diet, particularly one that emphasizes plant-based nutrition. This shift towards healthier eating habits is driving the growth of the wheat protein market.
Gather more insights about the market drivers, restrains and growth of the Wheat Protein Market
Market Dynamics
Several key factors are influencing the dynamics of the wheat protein market. Changing health trends, increasing concerns about environmental sustainability, and a growing consumer preference for plant-based proteins are all contributing to the rise in cereal-derived proteins. Consumers are becoming increasingly aware of the benefits associated with protein-rich diets and are expressing greater interest in foods that promote health and wellness. Furthermore, there is a growing sentiment regarding animal welfare, which is further fueling interest in plant-based food options. This heightened awareness and interest in plant-derived protein sources are expected to remain significant drivers of demand for wheat protein globally.
Wheat protein is also witnessing a rise in applications across various industries, which is anticipated to further stimulate market growth. For instance, wheat gluten serves as an excellent component in animal feed, particularly in aquaculture, due to its high protein content. Its fiber-rich composition enhances its usability in liquid formulations for animal feed, making it a versatile ingredient. Additionally, the binding properties of wheat gluten allow for effective pellet formation, which is beneficial in the animal feed sector.
Wheat gluten is increasingly recognized as a viable alternative to high-quality milk proteins like casein, especially in feed formulations for young animals. This substitution is not only supported by the functional benefits of wheat gluten but also by its cost-effectiveness compared to traditional protein sources. By providing a sustainable and affordable protein option, wheat gluten is helping to meet the nutritional needs of various livestock, thereby contributing to the overall growth of the wheat protein market.
As consumer preferences continue to shift toward plant-based solutions, and as industries increasingly recognize the benefits of incorporating wheat protein into their products, the future of the wheat protein market looks promising. The ongoing developments in this sector are likely to shape the market landscape, promoting further innovation and adoption of wheat-derived proteins in diverse applications.
Order a free sample PDF of the Wheat Protein Market Intelligence Study, published by Grand View Research.
#Wheat Protein Market#Wheat Protein Market Analysis#Wheat Protein Market Report#Wheat Protein Industry#Wheat Protein Market Dynamics
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Top Millets Suppliers: A Guide to the Biggest Millet Exporters
Millets are gaining recognition as a versatile and nutritious food source. These ancient grains, known for their resilience and health benefits, are increasingly sought after in the global market. This blog serves as a guide to understanding the landscape of millets suppliers and the biggest millet exporters around the world.
Importance of Millets
Nutritional Benefits
Millets are packed with essential nutrients, including dietary fiber, proteins, vitamins, and minerals. They are gluten-free, making them an excellent choice for those with gluten sensitivities. Additionally, millets are known for their low glycemic index, which can help in managing blood sugar levels. With rising health consciousness among consumers, the demand for millets is on the rise.
Environmental Impact
One of the most significant advantages of millets is their environmental resilience. They require less water and can thrive in arid conditions, making them a sustainable choice in the face of climate change. Promoting the consumption of millets not only supports health but also contributes to more sustainable agricultural practices.
Overview of the Millet Market
Current Market Trends
The global market for millets is witnessing an upward trend, driven by an increasing preference for healthy, plant-based diets. The shift towards organic and natural foods has further fueled this demand. Major millet-producing countries like India, Nigeria, and China are stepping up their production to meet international needs.
Global Production Statistics
According to recent data, India is one of the largest producers of millets, accounting for a significant portion of the world’s supply. Other notable producers include Nigeria, China, and several countries in Africa. These nations are not only focusing on domestic consumption but also aiming to boost their export capacities.
Key Players in the Millet Supply Chain
Major Millet Suppliers
When it comes to sourcing millets, understanding who the millets suppliers are is crucial. The market features a mix of local farmers, cooperatives, and larger companies that specialize in millet production and export. Among them, Eurosun Global stands out as a notable player in the millet export sector.
Countries Leading in Millet Exports
India leads as the largest exporter of millets, followed closely by countries like Nigeria and Burkina Faso. These nations have developed strong export channels to cater to the growing demand in markets across Europe, North America, and Asia.
Challenges Faced by Millet Exporters
Supply Chain Issues
Despite the growing demand, millet exporters face challenges, including supply chain disruptions, transportation hurdles, and inadequate storage facilities. These issues can impact the consistency and quality of supply, making it essential for exporters to streamline their operations.
Market Competition
Millets are often overshadowed by other grains like rice and wheat. As a result, millet exporters must find innovative ways to promote their products and differentiate themselves in a competitive market.
Innovations and Future Trends
Technological Advancements
Innovation in agricultural technology is improving millet production efficiency. From better irrigation methods to advanced processing techniques, technology plays a crucial role in enhancing the quality of millets and expanding their market reach.
Sustainable Practices
With an increasing focus on sustainability, many millet suppliers are adopting eco-friendly farming practices. This not only helps in reducing the environmental impact but also appeals to health-conscious consumers.
Conclusion
The future of millets looks promising as consumers increasingly recognize their nutritional and environmental benefits. Understanding the role of millets suppliers and the biggest millet exporters is vital for anyone interested in entering this market. With companies like Eurosun Global leading the charge, the millet industry is poised for significant growth. Embracing millets can contribute to healthier diets and a more sustainable world, making them a valuable addition to our food systems.
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