Russian foreign economic activity review: Gluten free

Published 2021년 12월 22일

Tridge summary

The global wheat gluten market is expected to grow to $2.6 billion by 2025, driven by the food industry's growth. Wheat protein is used in the bakery and confectionery industry, and as a substitute for animal protein in meat-free food products. Russia is a major exporter, sending 56 thousand tons in 2020 earning $68 million, and there is potential for growth to 100 thousand tons by 2025. The article provides an overview of the global and Russian wheat gluten markets, international trade, market pricing, and export conditions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The global wheat gluten market is growing annually and, according to forecasts, by 2025 will amount to $ 2.6 billion, which is 24.4% more than in 2020. Market growth is mainly due to the development of the food industry, since wheat protein is widely used in the bakery and confectionery industry as a flour improver, as well as as a substitute for animal protein in the production of meat-free food products. Russia last year sent 56 thousand tons of gluten to foreign markets in the amount of 68 million dollars, which corresponds to the 8th place among world exporters. Taking into account current trends, in the future, the volume of supplies from Russia may reach about 100 thousand tons (more than 120 million US dollars). The overview includes: analysis of the world market for wheat gluten; international trade and market pricing; overview ...
Source: Aemcx

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