Wheat Protein Market Growth by Emerging Trends, Analysis, & Forecast

According to a research report "Wheat Protein Market by Product (Gluten, Protein Isolate, Textured Protein, Hydrolyzed Protein), Form, Concentration, Application (Bakery & Snacks, Pet Food, Nutritional Bars & Drinks, Processed Meat, Meat Analogs) & Region - Global Forecast to 2028" published by MarketsandMarkets, the wheat protein market is projected to reach USD 3.2 billion by 2028 from USD 2.5 billion by 2023, at a CAGR of 4.9% during the forecast period in terms of value. The market for wheat protein by concentration is experiencing growth due to the increasing demand for plant-based protein products in food & beverages, dietary supplements, and animal feed industries.

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Wheat Gluten to dominate the market during the forecast period

The functionality of wheat gluten is unique, and its structural integrity is retained after cooking. Also, it appears to have no functional competitor. It is used in a variety of applications, such as bakery products, meat products, pasta, and pet foods. In the bakery, the strength of gluten is a key factor in bread baking. It plays an important role as it contributes to the ability of the dough to rise and maintain texture. China is also a major producer and consumer of wheat gluten.

By concentration, 75% wheat protein concentrate to hold a significant market share during the forecast period

75% concentration wheat protein is generally less expensive than high concentration wheat protein. This makes it a more cost-effective option for some applications where the functional properties of the protein are less critical. Also, a 75% concentration of wheat protein may contain a broader range of nutrients than a high concentration of wheat protein. This can make it a more attractive option for certain food products, such as meal replacement shakes or nutritional supplements. Additionally, a 75% concentration of wheat protein may have a milder taste than a high concentration of wheat protein. This can make it a more desirable option for certain types of food products, particularly those where the protein flavor is more pronounced.

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North America to boost market growth during the forecast period

Countries such as the US, Canada, and Mexico have been considered in this study. The market in the US is driven by the 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 the 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.

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.

Vegetable Oils in Beauty and Personal Care Market: Growth Opportunities and Recent Developments

The use of vegetable oils in beauty and personal care products has gained significant popularity in recent years due to their numerous benefits for skin, hair, and overall health. Vegetable oils are extracted from various parts of plants such as seeds, nuts, fruits, and flowers and are rich in essential fatty acids, vitamins, and antioxidants.

Industry Analysis:

The global vegetable oils in beauty and personal care market was valued at USD 4.4 billion by 2022 and is projected to reach USD 5.8 billion by 2027, at a CAGR of 5.7% during the forecast period in terms of value. The market is primarily driven by the increasing demand for natural and organic products, rising awareness of the harmful effects of synthetic ingredients, and the growing trend of using plant-based ingredients in beauty and personal care products.

Growth Opportunities:

Rising demand for natural and organic products: Consumers are becoming more conscious about the ingredients used in their beauty and personal care products and are increasingly choosing natural and organic products over synthetic ones. This presents a significant growth opportunity for vegetable oils in beauty and personal care products.

Growing trend of using plant-based ingredients: The trend of using plant-based ingredients in beauty and personal care products is gaining popularity due to their perceived safety, sustainability, and effectiveness. Vegetable oils, being plant-based, offer a natural and healthy alternative to synthetic ingredients.

Increasing demand for anti-aging products: Vegetable oils such as argan oil, rosehip oil, and jojoba oil are rich in antioxidants, vitamins, and essential fatty acids that help to reduce the signs of aging, making them a popular ingredient in anti-aging products.

Trends:

Multi-functional products: Consumers are looking for products that offer multiple benefits, such as moisturizing, nourishing, and protecting the skin. Vegetable oils, being versatile ingredients, are increasingly being used in multi-functional beauty and personal care products.

Customization: Personalization and customization are becoming popular trends in the beauty and personal care industry. Consumers are looking for products that are tailored to their specific needs and preferences. Vegetable oils offer a variety of benefits that can be customized based on individual needs.

Sustainability: Sustainability is a growing concern among consumers, and they are increasingly looking for products that are eco-friendly and sustainable. Vegetable oils, being natural and renewable, offer a sustainable alternative to synthetic ingredients.

In conclusion, the vegetable oils in beauty and personal care market is expected to continue growing due to the increasing demand for natural and organic products, growing trend of using plant-based ingredients, and the rising demand for anti-aging products. The industry trends of multi-functional products, customization, and sustainability are expected to shape the future of the market.

Brewing Ingredients Market Growth Opportunities by 2026

The global brewing ingredients market has been experiencing steady growth over the past few years, driven by factors such as increasing consumer demand for beer and other alcoholic beverages, as well as the growing popularity of craft brewing. The brewing ingredients market is projected to grow at a CAGR of 6.8% to reach USD 47.9 billion by 2026. It was estimated at USD 34.5 billion in 2021. The rise in demand for beers from all over the globe coupled with increasing consumption of craft beers will drive the market demand and growth of brewing ingredients globally.

Industry Analysis:

The brewing ingredients market is highly competitive, with a large number of players operating in the space. Some of the major players in the market include Cargill, Incorporated, DuPont de Nemours, Inc., Royal DSM N.V., and GrainCorp Malt. These companies compete based on factors such as price, quality, innovation, and brand recognition.

The market can be segmented by type of ingredient, which includes malt, hops, yeast, and others. Malt is the largest segment, accounting for the majority of the market share. Hops are also a significant segment, driven by their use in craft brewing.

Growth Opportunities:

One of the key growth opportunities in the brewing ingredients market is the increasing demand for craft beer. Craft brewing has been experiencing rapid growth in recent years, and this trend is expected to continue in the coming years. This presents opportunities for ingredient suppliers to offer high-quality, specialty ingredients to craft brewers.

Another growth opportunity is the increasing demand for low-alcohol and non-alcoholic beer. As consumers become more health-conscious and seek alternatives to traditional beer, there is a growing demand for lower-alcohol options. This presents opportunities for ingredient suppliers to develop ingredients that can be used in the production of low-alcohol and non-alcoholic beer.

Trends:

One of the major trends in the brewing ingredients market is the growing popularity of organic and sustainable ingredients. As consumers become more environmentally conscious, they are seeking products that are produced in a sustainable and environmentally friendly manner. This trend is driving demand for organic and sustainably produced brewing ingredients.

Another trend in the market is the increasing use of technology in the brewing process. This includes the use of software to monitor and control the brewing process, as well as the use of advanced equipment such as automated brewing systems. These technologies are improving efficiency and consistency in the brewing process and are expected to continue to drive innovation in the market.

Overall, the brewing ingredients market is expected to continue to experience steady growth in the coming years, driven by factors such as the increasing popularity of craft beer, the growing demand for low-alcohol and non-alcoholic beer, and the trend towards organic and sustainable ingredients.

Fats and Oils Market Growth by Emerging Trends, Analysis, & Forecast

The fats and oils market is a diverse and rapidly growing industry, encompassing a range of products that are used for a variety of purposes. The industry includes vegetable oils, animal fats, and various other oils and fats that are used in food, industrial applications, and personal care products.

Market Analysis:

The fats and oils market size is projected to reach USD 285.22 billion by 2026, recording a CAGR of 3.8% during the forecast period. The global market was estimated to be valued at USD 236.7 billion in 2021. The increasing demand for healthy and natural products, as well as the growing popularity of plant-based diets, are major drivers of this growth. In addition, the rising demand for biofuels and other industrial applications of fats and oils are also contributing to the growth of the market.

Growth Opportunities:

Increasing demand for plant-based oils: With the rise in health-conscious consumers and the growing trend towards veganism, there is a significant demand for plant-based oils such as soybean oil, palm oil, and canola oil. This presents an opportunity for companies to invest in developing new and innovative plant-based oil products to meet consumer demand.

Use of fats and oils in the cosmetic industry: Fats and oils are widely used in the cosmetic industry for their moisturizing and skin-nourishing properties. The demand for natural and organic cosmetic products is growing, which presents an opportunity for companies to develop new products using natural and sustainable fats and oils.

Growing demand for biofuels: The increasing demand for renewable energy sources has led to a growing demand for biofuels, which are made from fats and oils. This presents an opportunity for companies to invest in the development of new biofuel technologies and products.

Trends:

Clean label: Consumers are increasingly looking for products that have simple, easy-to-understand ingredients. This has led to a trend towards "clean label" products in the fats and oils market, which are made with natural and minimally processed ingredients.

Sustainability: With the growing concern about the environmental impact of agriculture and food production, there is a trend towards more sustainable practices in the fats and oils industry. This includes the use of sustainable farming practices, the reduction of waste and emissions, and the development of sustainable packaging.

Health and wellness: As consumers become more health-conscious, there is a growing demand for fats and oils that are low in saturated fat and trans fats, and high in unsaturated fats such as omega-3 fatty acids. This trend is driving the development of new and innovative products that meet these health and wellness criteria.

Overall, the fats and oils market is a dynamic and rapidly growing industry that offers numerous opportunities for companies to innovate and develop new products that meet the changing needs and preferences of consumers.

Pea Processed Ingredients Market Growth Opportunities by 2026

Pea processed ingredients are derived from yellow or green peas and are used in various food products such as bakery goods, beverages, meat products, and snacks, among others. Pea protein, pea starch, and pea fiber are some of the most common types of pea processed ingredients used in the food industry.

Market Size and Share:

According to a report by MarketsandMarkets, The Pea Processed Ingredients Market is projected to reach USD 5.0 billion by 2026 with a compound annual growth rate (CAGR) of 10.1%. The market value was estimated to be USD 3.1 billion in 2021. The report also suggests that pea protein is the largest segment in the pea processed ingredients market.

Growth:

The growing demand for plant-based proteins and the increasing prevalence of lactose intolerance and milk allergies are some of the key factors driving the growth of the pea processed ingredients market. Additionally, the rising health consciousness among consumers and the increasing demand for gluten-free and non-GMO food products are also contributing to the growth of the market.

Trends:

The pea processed ingredients market is witnessing several trends, including the launch of new pea protein products and increasing investments in R&D activities. Companies are focusing on developing new and innovative products to cater to the changing consumer preferences.

Forecast:

The pea processed ingredients market is expected to continue its growth trajectory in the coming years. The increasing adoption of vegan and vegetarian diets, coupled with the rising demand for clean-label and organic food products, is likely to drive the demand for pea processed ingredients. The Asia Pacific region is expected to witness significant growth in the market due to the increasing population, changing dietary habits, and growing demand for plant-based proteins.

Overall, the Pea Processed Ingredients market is poised for growth in the coming years, driven by various factors, including the rising demand for plant-based proteins, health consciousness, and the increasing prevalence of lactose intolerance and milk allergies.

Biofertilizers Market Growth by Emerging Trends, Analysis, & Forecast

The global biofertilizers market is expected to grow at a compound annual growth rate (CAGR) of 11.9% from 2021 to 2026, reaching a market size of USD 4.5 billion by 2026. The market was valued at USD 2.6 billion in 2021. The increasing demand for organic food, rising concerns regarding soil health and sustainability, and growing awareness among farmers about the benefits of biofertilizers are some of the major factors driving the growth of the biofertilizers market.

Based on type, the microbial segment is expected to hold the largest market share during the forecast period. This is attributed to the benefits of microbial biofertilizers such as improving soil fertility, enhancing nutrient uptake, and promoting plant growth. The demand for microbial biofertilizers is also driven by the increasing trend of organic farming.

On the basis of application, the cereals grains segment is expected to dominate the biofertilizers market during the forecast period. This is due to the increasing demand for cereals grains across the world and the growing awareness among farmers about the benefits of biofertilizers for cereal crops.

Geographically, Asia Pacific is expected to hold the largest share of the biofertilizers market during the forecast period. This is attributed to the growing population in the region, increasing demand for food, and rising awareness among farmers about the benefits of biofertilizers. The increasing government initiatives to promote sustainable agriculture practices in countries such as India and China are also driving the growth of the biofertilizers market in the region.

In conclusion, the global biofertilizers market is expected to witness significant growth during the forecast period, driven by the increasing demand for organic food, rising concerns regarding soil health and sustainability, and growing awareness among farmers about the benefits of biofertilizers.

Pest Control Market Size, Share, Growth, Trends, and Forecast to 2026

According to a report by MarketsandMarkets, The pest control market is expected to reach USD 29.1 billion by 2026, predicted to progress rapidly at a CAGR of 5.1%. The global market was to be valued at USD 22.7 billion in 2021.

The market is being driven by factors such as the growing demand for pest control services due to the increasing prevalence of pest-borne diseases, the rise in urbanization and globalization leading to an increase in pest infestations, and the growing awareness among consumers regarding the benefits of pest control.

In terms of type, the chemical segment dominated the market in 2020, owing to its effectiveness and wide range of applications. However, the biological segment is expected to witness significant growth during the forecast period, owing to its eco-friendliness and non-toxic nature.

Based on application, the commercial segment dominated the market in 2020, owing to the high demand for pest control services in industries such as food processing, hospitality, and healthcare. However, the residential segment is expected to witness significant growth during the forecast period, owing to the increasing awareness among homeowners regarding the benefits of pest control.

Geographically, North America dominated the market in 2020, owing to the high prevalence of pest infestations and the strict regulations pertaining to pest control in the region. However, the Asia Pacific region is expected to witness significant growth during the forecast period, owing to the rapid urbanization and increasing demand for pest control services in emerging economies such as China and India.

In conclusion, the pest control market is expected to witness significant growth during the forecast period, owing to the increasing demand for pest control services in various end-use industries and the growing awareness among consumers regarding the benefits of pest control.