According to Stratistics MRC, the Global Organic Wheat Derivatives Market is accounted for $629.23 million in 2020 and is expected to reach $1,065.07 million by 2028 growing at a CAGR of 6.8% during the forecast period. Factors such as increasing health awareness, growing food & beverages industry, and rising disposable income of people are driving the growth of the market. However, less availability of raw materials due to Covid-19 pandemic is hampering the growth of the market.
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Based on the type, the starch segment is anticipated to expand at a rapid pace during the forecast period as its unique properties make it desirable for various applications. By geography, North America is going to have high growth during the forecast period which can be attributed to busy lifestyle of people in the region which further results in an increasing demand for fast foods.
Some of the key players profiled in the Organic Wheat Derivatives Market include Archer Daniels Midland Company, Cargill Incorporated, Tate & Lyle PLC, Kroner-Starke Bio, AGRANA Beteiligungs-AG, Manildra Group, SACCHETTO SPA, ETEA S.R.L., Amylon, and Ulrick & Short Limited.
• Food & Beverages
• Pharmaceutical & Nutraceuticals
• Personal Care
• Animal Feed
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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