Organic wheat derivatives and the by-products, such as starch, gluten, bran, DDGS, and maltodextrin, obtained from organic wheat processing. The shift in consumers lifestyle and dietary patterns has surged the demand for healthy food products and their ingredients. With the growing emphasis on health along with rising focus on the consumption of natural food ingredients, the demand for organic wheat derivatives have gone up steadily. Organic form of wheat derivatives is perceived to be a nutritious alternative, and it supports several application bases owing to their properties. For instance, the organic form of wheat starch has gained importance in the food & beverage industry. It is treated as an essential ingredient in the preparation of various food products such as cakes, biscuits, breads, waffles other baked items due to its superior gelling, stabilizing, and thickening properties.
In 2020, North America accounted for the largest share in the organic wheat derivatives market. The well-established food sector in North American countries provides a wide consumer base for organic wheat derivatives manufacturers operating in the region. Growing demand for organic wheat derivatives in the preparation of several bakery and fast-food products is offering a growth opportunity for the organic wheat derivatives producers. The demand for organic wheat derivatives in North America has surged owing to the increasing consumption of convenience food items such as bakery products, snacks, noodles, and pasta due to a busy lifestyle and hectic work schedule of the consumers.
The COVID-19 outbreak pandemic has adversely affected economies and industries in various countries due to lockdowns, travel restrictions, and business shutdowns. The pandemic has drastically altered the status of the organic wheat derivatives industry and has negatively impacted the growth of the market. The COVID-19 outbreak has distorted operational efficiency and disrupted the value chains due to the sudden closure of national and international boundaries, creating revenue loss and damage. The disruptive value chain restricted the raw material supply, which, in turn, is negatively impacting the growth of the organic wheat derivatives market. However, as the economies are planning to revive their operations, the demand for organic wheat derivatives is expected to rise globally in coming years. Although the focus over just-in-time production is another concerning factor hindering market growth. With the growing consciousness toward health amongst consumers and diversification of application bases in post-pandemic times, the demand for organic wheat derivatives is expected to take huge leap. For instance, as per a report published by Organic Trade Association, the unprecedented situations caused by COVID-19 pandemic have, in turn, forced the consumers to consume healthy, clean, and natural alternatives. This change has propelled the demand for organic food products. Further, positive measures undertaken by government to promote organic wheat cultivation are expected to bolster the market growth during the forecast period.
The importance of organic food items has been understood in the wake of alarming health issues, coupled with rising consciousness about organic certifications and growing preference for high quality food items. Nowadays, consumers are looking for natural, clean, and simple ingredients with proper labels, which could effectively convey their contents, quality, and intent of the product use. Currently, the consumers are quite concerned about using conventional food products due to their contribution to increasing incidence of health issues. This has encouraged the manufacturers to develop products based on consumer’s expectations. Further, as per an estimate, almost 45% of families in the US are largely dependent upon organic and natural food products. Manufacturers of wheat derivatives are also focusing on developing and marketing organic wheat derivatives owing to the market’s demand.
Based on type, the organic wheat derivatives market is segmented into starch, gluten, maltodextrin, and others. The starch segment led the market with the largest share in 2020. Organic wheat starch is a polysaccharide established from amylose and amylopectin. The starch consists of a carbohydrate fraction of wheat flour of premium quality. Its unique characteristics make the product highly useful in several industrial segments, such as food & beverages, pharmaceuticals, personal care, and animal feed. Food starches are majorly added to various food and beverage items, such as sauces, soups, puddings, salad dressings, pie fillings, and several baking applications, to stabilize or thicken them. When used in food, organic wheat starch assists with gel formation, viscosity, adhesion, texture, moisture retention, and binding. The starch can be used as a fat substitute. It further works as a stabilizer, clouding, emulsifier, or glazing agent.
A few key market players operating in the organic wheat derivatives market are SACCHETTO SPA; Cargill, Incorporated; ETEA S.R.L.,; Archer Daniels Midland Company; AGRANA Beteiligungs-AG; Kröner-Starke Bio; Amylon; Manildra Group; Ulrick & Short Limited; and Tate & Lyle PLC. Major market players are adopting strategies such as mergers and acquisitions and product launches to expand their geographical presence and consumer base globally.
The regional trends and factors influencing the Organic Wheat Derivatives Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Organic Wheat Derivatives Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2020 | US$ 629.24 Million |
Market Size by 2028 | US$ 912.27 Million |
Global CAGR (2020 - 2028) | 4.8% |
Historical Data | 2018-2019 |
Forecast period | 2021-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Organic Wheat Derivatives Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Organic Wheat Derivatives Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The List of Companies - Organic Wheat Derivatives Market
The starch segment held the largest share in the global organic wheat derivatives market in 2020. It is majorly added to stabilize or thicken products such as sauces, soups, puddings, salad dressings, pie fillings, and several baking applications. When used in food, organic wheat starch assists with gel formation, viscosity, adhesion, texture, moisture retention, binding and can be used as a fat substitute.
The major players operating in the global organic wheat derivatives market are SACCHETTO SPA; Cargill, Incorporated; ETEA S.R.L.; Archer Daniels Midland Company; AGRANA Beteiligungs-AG; Kröner-Starke Bio; Amylon; Manildra Group; Ulrick & Short Limited; and Tate & Lyle PLC among many others.
In 2020, North America accounted for the largest share in the global organic wheat derivatives market. The well-established food sector in North American countries provides a wide consumer base for organic wheat derivatives manufacturers operating in the region. Growing demand for organic wheat derivatives for the preparation of several bakery and fast-food products is providing a growth opportunity for the organic wheat derivatives producers. The demand for organic wheat derivatives in North America has surged owing to the increasing consumption of convenience food such as bakery products, snacks, noodles, and pasta due to a busy lifestyle and hectic work schedule of the consumers.