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Europe Organic Wheat Derivatives Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type and Application

Europe Organic Wheat Derivatives Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type and Application

  • June 2021
  • 120 pages
  • ID: 6103189
  • Format: PDF
  • The Insight Partners
Up to $1000 off Until Sep 20th 2021

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The organic wheat derivatives market in Europe is expected to grow to US$ 317,388.66 thousand by 2028 from US$ 226,219.08 thousand in 2021. The market is estimated to grow at a CAGR of 5.0% from 2021 to 2028. 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. For instance, the consumption of organic wheat derivatives such as wheat-based starch and wheat-based gluten, has been extensively rising in diverse application bases such as food & beverages, pharmaceutical and nutraceutical, animal and aqua feed, and infant formula. Accordingly, premier players operating in the market, such as Manildra Group, have been involved in manufacturing and supply of certified organic vital wheat gluten, suitable for offering strength and structure in several bakery items, along with acting as binding agent to provide texture in vegan and vegetarian products. Moreover, AGRANA Beteiligungs-AG provides organic native wheat starch, organic maltodextrin, organic glucose syrup, organic high maltose syrup, and organic wheat gluten for various purposes such as preparation of bakery and confectionery items, meat and seafood application bases, sports drinks, and infant formula.
In Europe, currently the France and Russia are the hardest-hit countries by the coronavirus pandemic.It is estimated to suffer an economic hit due to a lack of revenue from various industries, as the country recorded the highest number of coronavirus cases followed by the UK, Italy, Germany and Spain.

Other member states have implemented drastic measures and travel restrictions, including partially closing their borders.This is anticipated to impact market growth in Europe.

The ongoing 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 has had a negative impact on raw material supply, which, in turn, is 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 worldwide.
Based on application, the organic wheat derivatives market is segment into food and beverages, pharmaceuticals and nutraceuticals, animal feed, personal care and others.Food and beverages segment led the organic wheat derivatives market in 2020.

Organic wheat derivatives such as starch, maltodextrin and gluten are an important part of the food industry, where it is used as a thickening agent in food.Organic wheat derivatives do not give elasticity to the dough; owing to this, it is most widely used in the food and beverage sector as a thickener, food additive, and active ingredient.

Furthermore, it is helpful in the food binding process and used in the preparation of foods that are gluten-free and low in calories, which will further increase its demand in the market.Moreover, in many food applications, organic wheat derivatives are also commonly used as an emulsifier, stabilizer, fat substitute, and a clouding or glazing agent.

In addition, organic wheat starch derivatives serve to thicken most kinds of sauces, gravies, or soups. It also thickens the puddings and pie fillings. Some kinds of dough recipes often call for wheat starch, such as Chinese dumpling wrappers. Organic wheat starch derivatives help give a translucent consistency to the dumpling wrappers. This is likely to soar the demand for organic wheat starch in the food & beverage industry in the near future.
The Europe organic wheat derivatives market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the Europe organic wheat derivatives market with respect to all the market segments.Also, multiple primary interviews have been conducted with industry participants to validate the data as well as to gain more analytical insights into the topic.

The participants typically involved in this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the Europe organic wheat derivatives market. 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 are among the leading companies in the Europe organic wheat derivatives market.

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