The global Seitan Market is expected to reach a market valuation of USD 72.2 Million by the year 2022, further accelerating with a CAGR of 4.8% by 2022 to 2032. By 2032, the conventional Seitan segment will have a higher market share of 61.2% in the product type segment of the Seitan market.
| Attribute | Details |
|---|---|
| Seitan Market Size (2022) | USD 72.2 Million |
| Seitan Market Projected Size (2032) | USD 106.9 Million |
| Value CAGR (2022 to 2032) | 4.8% |
| Top 3 Countries’ Market Share | 33.2% |
Seitan, commonly known as wheat gluten, is a popular vegan meat replacement made entirely of hydrated gluten, wheat's primary protein. Aside from gluten, seitan flour has a high protein, mineral, and mineral content, as well as a low carbohydrate and lipid content, making it an excellent choice in the nutritious food category.
Demand for seitan usage has mostly been impacted by the expanding consumer movement toward vegetarian and vegan diets in recent years, owing to its high protein level and low carbohydrate content.
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According to the global market study on seitan adoption trends it is a very recent development in the food industry that gained popularity in the last couple of years. The opening of new local fast food eateries along with the expansion of areas is suggested by the seitan market statistics to have strengthened the global market.
COVID-19 also had an adverse impact on the global seitan market opportunities during the lockdown period. With strict regulations implemented worldwide seitan business activities were shut down in the first half of the year 2020.
To entice more customers, fast food restaurants are offering a variety of options in terms of add-ons, such as beverages, desserts, combo meals, and exciting incentives. Seitan vegan meat is a substitute that is increasingly being utilized at fast-food restaurants to construct a variety of foods such as burgers, sandwiches, salads, and hotdogs.
The restaurant sector is fiercely competitive, especially in industrialized countries such as the USA and Western Europe which are anticipated to boost the sales of seitan in the coming days.
Seitan manufacturing companies are offering variants depending on service, products, pricing, location, and quality to thrive in this competitive sector. Vegan fast-food companies such as Sonic Drive-In, Wendy's, and Burger King have expanded the company’s operations in countries such as the USA, Mexico, Turkey, Thailand, China, South Korea, India, Brazil, and Australia.
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Less knowledge among a large section of people about the availability of such seitan flour is the major limitation for the seitan market growth in the present time. Also, vendor profit margins will continue to be squeezed by fierce competition, price challenges, and altering consumer preferences that further restrain the seitan market trends and forecasts.
Between 2022 and 2032, the sales of seitan in the global market are predicted to be supported by the rapid recovery of developing economies, which will result in higher disposable income.
The growing number of fast-food restaurants in the country is a major factor fueling the market's expansion. The growth of fast-food restaurant chains, which have dominated the worldwide burger industry for the past five years, is likely to boost demand for seitan in the USA and North American markets.
The desire for ready-to-eat food products, such as sweet earth seitan, has been spurred by consumer need for convenience food as a result of the rising desire for leisure time. As a result, consumers who are short on time are increasingly turning to buying seitan as a ready-to-eat food.
The demand for ready-to-eat foods like seitan whole foods is also being driven by changing demographics and lifestyles. Another factor driving up demand for seitan or other ready-to-eat foods is the growing number of single persons, as well as social events or parties where speedy service is a must. As a result of these factors, the seitan market key trends and opportunities are likely to have a positive outlook over the forecast period.
Concerns for various environmental issues that develop during animal farming, like waste management, GHG emissions, and others, is sighted by the new market research report on seitan, to have a profound impact on the market. The seitan market adoption trends are likely to grow during the forecast period, owing to an increase in the number of vegans and a high rate of conversion from non-vegetarian to vegan meals, as well as a surge in demand for clean and nutritional diets.
The growing trend among consumers to seek healthier, fat-free foods is likely to enhance the sales of seitan vegan meat in plant-based meat products. According to the Academy of Nutrition and Dietetics, eating meat-free foods can help you lose weight, cut cholesterol, and lower blood pressure, among other things.
The Asia Pacific Seitan market size is predicted to grow significantly between 2018 and 2025 as a result of these factors. It is, therefore, positively benefiting the Chinese seitan market.
Due to factors such as the increasing consumer trend toward a vegetarian and vegan diet, the seitan market share has seen tremendous growth. Aside from that, consumers allergic to soy products such as tofu and tempeh prefer the best vital wheat gluten pr.
The growing popularity of plant-based diets in the country is also expected to propel the emerging trends in the seitan market forward in the future years.
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By 2032, the conventional seitan flour segment will have the greatest market share in the worldwide seitan market, according to product type. The organic seitan segment, on the other hand, will increase at a higher rate than the conventional seitan segment due to the growing popularity and demand for organic foods owing to rising health consciousness.
New trends in food manufacturing and processing have emerged in recent years as a result of technological advancement. For example, wheat protein, bulk seitan, is adopted for the manufacturing of mosaic poultry salami in order to provide a new healthy product to consumers.
Plain seitan, which is colored by a microbial natural pigment found in Monascus, is high in protein, low in fat and cholesterol, and can be used to replace some meat in goods. Such innovations and explorations as proclaimed by the seitan market analysis report are fueling the adoption of seitan in the food industry.
Most of the consumers of Seitan buy online, as it has emerged to be the most reliable channel as reported by the Seitan market survey report.
Product launches, product approvals, and other growth initiatives such as patents and events are all being focused on by various seitan market key players. Acquisitions, as well as partnerships and collaborations, were among the market's growth tactics.
These efforts have paved the road for seitan manufacturers to expand their business and client base. With the increased demand for seitan in the worldwide industry, market players in the seitan market are expected to benefit from attractive growth prospects in the future.
| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Million for Value and MT for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; and the Middle East & Africa |
| Key Countries Covered | USA, Canada, Brazil, Mexico, Chile, Peru, Argentina, Germany, Italy, France, United Kingdom, Spain, BENELUX, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC Countries, Turkey, South Africa, North Africa, and Central Africa |
| Key Segments Covered | Product Type, Application, Distribution Channel, and Region |
| Key Companies Profiled | Wheaty; Sweet Earth Foods; Vbites Foods Ltd.; LIMA; Upton's Naturals; Maya; Amy’s Kitchen, Inc.; Meatless B.V.; Morningstar Farms; MGP Ingredients, Inc.; The Nisshin MGP Ingredients, Inc.; Ollio Group Ltd.; Garden Protein International, Inc.; Others |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The seitan market will reach nearly USD 72.2 Million by 2022.
The North American seitan market has a share of around 38%.
The demand for seitan is expected to grow at 4.8% CAGR between 2022 and 2032.
The seitan industry is projected to benefit from a rise in the number of fast-food restaurants that use meat substitutes.
The China seitan market accounts for around USD 12.8 Million.
1. Executive Summary | Seitan Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Organic 5.2. Conventional 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 6.1. Food Industry 6.1.1. Salad 6.1.2. Sauce 6.1.3. Burger 6.1.4. Sandwich 6.1.5. Meat Substitute 6.2. Beverage Industry 6.2.1. Alcoholic Drinks 6.2.2. Non-Alcoholic Drinks 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Distribution Channel 7.1. Hypermarket 7.2. Super Market 7.3. Specialty Stores 7.4. Online Stores 7.5. Others 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia 8.6. Oceania 8.7. Middle East and Africa 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Wheaty 18.2. Sweet Earth Foods 18.3. Vbites Foods Ltd. 18.4. LIMA 18.5. Upton's Naturals 18.6. Maya 18.7. Amy’s Kitchen, Inc. 18.8. Meatless B.V. 18.9. Morningstar Farms 18.10. MGP Ingredients, Inc. 18.11. The Nisshin MGP Ingredients, Inc. 18.12. Ollio Group Ltd. 18.13. Garden Protein International, Inc. 18.14. Others (on Additional Request) 19. Assumptions & Acronyms Used 20. Research Methodology
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Seitan Market
