Asia Pacific Organic Wheat Derivatives Market

Market Introduction

APAC continent comprises several developing economies such as Australia, China, India, Japan, South Korea, and others. These developed and developing countries are witnessing growth in the middle-class population, along with growth in urbanization, which offers several opportunities for the key market players in the organic wheat derivatives market. The organic wheat derivatives industry in the countries of Asia Pacific has experienced a huge shift over the years. The Asia Pacific organic wheat derivatives market is expected to grow with the highest CAGR market due to the consumption of organic wheat derivatives in various baked products, food and beverages, pharmaceuticals and nutraceuticals, animal feed, personal care, and other industries. The easy availability of this ingredient, as well as raw material to produce wheat derivatives, further bolsters the market growth. Further, the growth of functional food products, clean label demand, and achieving cost reductions in the manufacturing process in Asian-Pacific countries, especially China and India, are the major factors driving the applications of organic wheat derivatives in the region.

The COVID-19 is anticipated to cause a significant economic loss in the Asia-Pacific region. The consequence and impact can be even worse and totally depends on the spread of the virus. The governments of various Asia-Pacific countries are taking possible steps to restrict the spread of the virus by announcing lockdown, which in turn has negatively impacted the revenue generated by the organic wheat derivatives market. 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.

Asia Pacific Organic Wheat Derivatives Strategic Insights

Strategic insights for the Asia Pacific Organic Wheat Derivatives provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Organic Wheat Derivatives Report Scope

Asia Pacific Organic Wheat Derivatives Regional Insights

The geographic scope of the Asia Pacific Organic Wheat Derivatives refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The organic wheat derivatives market in Asia Pacific is expected to grow US$ 198,875.36 thousand by 2028 from US$ 138,887.99 thousand in 2021. The market is estimated to grow at a CAGR of 5.3% 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.

Key Market Segments

Asia Pacific organic wheat derivatives market is segmented based on type and application. The Asia Pacific organic wheat derivatives market based on type is segmented into starch, gluten, maltodextrin, and others. Starch segment accounted for the highest share in the market in 2020 and maltodextrin in is expected to be fastest growing during forecast period. Based on application, is segmented into food and beverages, pharmaceuticals and nutraceuticals, animal feed, personal care, and others. The food and beverages segment accounted for the highest share in 2020 and animal feed is expected to be the fastest growing during forecast period.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on organic wheat derivatives market  in Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Cargill, Incorporated; ETEA S.R.L.; The Archer Daniels Midland Company; AGRANA Beteiligungs-AG; Manildra Group; Ulrick & Short Limited; Tate & Lyle PLC                                                     among others.

Reasons to buy report

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific  organic wheat derivatives market
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific  organic wheat derivatives market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the organic wheat derivatives market  as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution  

Asia Pacific Organic Wheat Derivatives Market Segmentation

Asia Pacific Organic Wheat Derivatives Market – By Deployment

• Starch
• Gluten
• Maltodextrin
• Others

Asia Pacific Organic Wheat Derivatives Market – By Application

• Food and Beverages
• Pharmaceuticals and Nutraceuticals
• Animal Feed
• Personal Care
• Others

Asia Pacific Organic Wheat Derivatives Market – By Country

• China
• Japan
• India
• South Korea
• Australia
• Rest of Asia-Pacific

Asia Pacific Organic Wheat Derivatives Market Company Profiles

• Cargill, Incorporated                                            
• ETEA S.R.L.                                                             
• The Archer Daniels Midland Company   
• AGRANA Beteiligungs-AG                                   
• Manildra Group                                                   
• Ulrick & Short Limited               
• Tate & Lyle PLC