Africa Wheat Protein Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.10 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Africa Wheat Protein Market Analysis
The African wheat protein market is projected to register a CAGR of 3.1 during the forecast period (2020-2025).
- The African wheat protein market is one of the emerging markets due to the high production and consumption of wheat in the region. Increasing demand for wheat proteins in the food and beverage industry is driving the market.
- Moreover, rising health concerns among the consumers are fueling the demand for meat-free diets and consumer awareness on low-calorie food increased the demand for wheat protein.
Africa Wheat Protein Market Trends
This section covers the major market trends shaping the Africa Wheat Protein Market according to our research experts:
Increased Application in the Bakery Segment
The incorporation of wheat proteins in bakery products is developing as a marketing trend, as these proteins increase the nutritional value and attractiveness of the bakery products. Wheat proteins are used in products, such as biscuits, cookies, brownies, and bread. These proteins are usually added for functionality and enhanced structure of the dough, while other proteins contribute to the overall protein per serving in finished baked goods. Owing to the growing demand for bakery products with various proteins, the manufacturers are developing baked goods with added proteins.
South Africa Holds the Major Share
Manufacturers in South Africa are constantly embracing innovation to gain cost-leadership and fixed suppliers in the early development stage. Changing consumer lifestyles and rising healthcare expenditure are also playing a vital role in the growth of the wheat protein market. Moreover, the flourishing growth of the retail sector is escalating the growth of the market. Hence, consumers' concerns over clean labels, ease of digestion, the need for avoiding allergy-causing substances, and sustainability among the public are driving the demand for plant proteins, including wheat proteins, in the country.
Africa Wheat Protein Industry Overview
The African wheat protein market is consolidated and some of the key players in the market include Cargill Incorporated, Kroener Staerke, Tate & Lyle PLC, Maccallum Pty Ltd, and Meelunie BV. In order to increase their market shares, companies are focusing on new, innovative product developments, mergers, and acquisitions, expansion, and partnerships.
Africa Wheat Protein Market Leaders
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Cargill, Incorporated
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Kroener Staerke
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Tate & Lyle PLC
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Maccallum Pty Ltd
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Meelunie BV
*Disclaimer: Major Players sorted in no particular order
Africa Wheat Protein Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Wheat Protein Concentrate
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5.1.2 Wheat Protein Isolate
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5.1.3 Textured Wheat Protein
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5.2 By Application
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5.2.1 Bakery
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5.2.2 Confectionery
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5.2.3 Dairy
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5.2.4 Nutritional Supplements
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5.2.5 Animal Feed
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5.2.6 Other Applications
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5.3 By Region
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5.3.1 Africa
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5.3.1.1 South Africa
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5.3.1.2 Nigeria
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5.3.1.3 Kenya
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5.3.1.4 Rest of Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Cargill Incorporated
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6.3.2 Kroener Staerke
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6.3.3 Tate & Lyle PLC
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6.3.4 Maccallum Pty Ltd
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6.3.5 Meelunie BV
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Africa Wheat Protein Industry Segmentation
The African wheat protein market is segmented by type, which includes wheat protein concentrate, wheat protein isolate, and textured wheat protein. By application, the market is segmented into bakery, confectionery, dairy, nutritional supplements, animal feed, and other applications. By region, the study is segmented into South Africa, Nigeria, Kenya, and Rest of Africa.
| By Type | |
| Wheat Protein Concentrate | |
| Wheat Protein Isolate | |
| Textured Wheat Protein |
| By Application | |
| Bakery | |
| Confectionery | |
| Dairy | |
| Nutritional Supplements | |
| Animal Feed | |
| Other Applications |
| By Region | ||||||
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Africa Wheat Protein Market Research FAQs
What is the current Africa Wheat Protein Market size?
The Africa Wheat Protein Market is projected to register a CAGR of 3.10% during the forecast period (2024-2029)
Who are the key players in Africa Wheat Protein Market?
Cargill, Incorporated, Kroener Staerke, Tate & Lyle PLC, Maccallum Pty Ltd and Meelunie BV are the major companies operating in the Africa Wheat Protein Market.
What years does this Africa Wheat Protein Market cover?
The report covers the Africa Wheat Protein Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Africa Wheat Protein Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Africa Wheat Protein Industry Report
Statistics for the 2024 Africa Wheat Protein market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Africa Wheat Protein analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Africa Wheat Protein Report Snapshots
