Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
In the world economic growth, the Gluten Protein Industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Gluten Protein market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Gluten Protein market size will be further expanded, we expect that by 2024, The market size of the Gluten Protein will reach XXX million $.
Gluten protein is mainly found in grains such as rye, spelt, wheat, and barley. Glutenin and gliadin are the major proteins find in the gluten. Gluten has a glue-like property that forms a sticky network when mixed with water and this property makes dough elastic. Moreover, this glue-like property enables the bread to rise during baking and also provide a chewy and smooth texture. Gluten is bad for certain people, these people are gluten-sensitive in which the body produces abnormal immune response during the breaking down of the gluten. Celiac disease is one of the most common types of gluten intolerance. One in 141 Americans has celiac disease United States, according to the U.S. Department of Health and Human Services.
Rising demand for gluten protein in various food applications due to its excellent stabilizer properties is expected to fuel the market growth of gluten protein. Growing demand for bakery products such as cake, rolls, bread, and pastries is also expected to stimulate the market growth of gluten protein. According to the University of Columbia, the bread sales accounted for the largest portion of baked goods sales each year in Canada. In 2017, bread sales accounted for $3.5 billion (USD) or almost 63% of total sales that years. Rising demand for gluten from dietary supplements is further projected to augment the market growth of the gluten protein over the forecast period.
North America is expected to gain significant growth over the forecast period and this is attributed to rising demand for ready-to-food due to busy lifestyle and hectic work schedule coupled with the increased spending by the consumer on food in the region. According to USDA’s Economic Research Service, Americans spent an average of 9.7% of their total disposable income on food at home and food away from home in 2018. USDA also indicates that $1.7 trillion was spent on total food expenditures in the U.S. in 2018, up to $78.2 billion from 2017.
Key Developments:
- In January 2020, Tofurky has launched a plant-based beef-style burger at more than 600 Target stores in the U.S. It is a combination of soy protein, vegetable protein, and wheat gluten.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
Manildra Group
Henan Tianguan Group
Shandong Qufeng Food Technology
MGP Ingredients
CropEnergies
Roquette
Tereos Syral
Cargill
AB Amilina
Pioneer
Anhui Ante Food
ADM
Zhonghe Group
Jäckering Group
White Energy
Dengfeng Guyuan Agricultural Development
Molinos Juan Semino
Sedamyl
Crespel & Deiters
Kroener-Staerke
Chamtor
Ruifuxiang Food
Permolex
Zhangjiagang Hengfeng
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7): Segmentation
Product Type Segmentation:
-- Wheat Gluten
-- Corn Gluten
Industry Segmentation:
-- Baking
-- Flour
-- Meats
-- Pet Food
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
