Wheat Protein Market was valued at USD2.68 million in 2017 and is estimated to grow at a CAGR of 4.8% from 2017 to 2024.
Increasing consumer health concerns are expected to boost wheat protein demand as they provide high nutritional value in foods. The growing prevalence of obesity and diabetes has proliferated further because wheat proteins are low in calories, which helps to regulate weight and glucose levels in the blood. The presence of gluten in wheat proteins acting as an emulsifier has led to its adoption in the cosmetics industry. Wheat protein has also been adopted by athletes and people obsessed with gymnastics as a way to gain muscle and improve their strength. The growing application of Wheat Protein Market as feed additives will further increase demand worldwide in the coming years.
Wheat Protein Market is segmented by product, application, form, and key regions. On the basis of the types, the Wheat Protein Market is segmented into hydrolyzed wheat protein and wheat protein isolates, the latter representing the dominant share due to the strong demand for such a type from the food and beverage industry. Wheat protein isolates are widely used in products such as frozen dough, pizzas, and flatbreads.
Geographically, North America represents the largest market share in the wheat protein market, with the United States being its largest market due to the growing demand for sports and nutritional foods. Europe is following because of rising health concerns among consumers and demand for meat-free foods. The Asia-Pacific region is emerging with a pool of opportunities due to its growing population and high demand for nutritional foods.
The years that have been considered for the study are:
• Base year – 2017
• Estimated year – 2018
• Forecast period – 2018 to 2024
Target Audience:
• Wheat protein producers, suppliers, distributors, importers, and exporters
• Food & beverage manufacturers, manufacturers of animal feed products, food ingredient manufacturers, and researcher organizations
• Related government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
• Trade associations and industry bodies such as the International Wheat Gluten Association (IWGA), and Food and Agriculture Organization (FAO)
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Market Key Segment:
Wheat Protein Market, Based on Product
• Wheat gluten
• Wheat protein isolate
• Textured wheat protein
• Hydrolyzed wheat protein
Wheat Protein Market, Based on Application
• Bakery & snacks
• Pet food
• Nutritional bars & drinks
• Processed meat
• Meat analogs
• Others (dairy products, cosmetics, pasta, and noodles)
Wheat Protein Market, Based on Form
• Dry
• Liquid
Company Profiles
• ADM (US) Cargill (US)
• MGP Ingredients (US)
• Manildra Group (Australia)
• Agrana (Austria)
• Roquette (France)
• Tereos Syral (Germany)
• CropEnergies (Germany)
• Crespel & Deiters (Germany)
• Kröner-Stärke (Germany)
• Glico Nutrition (Japan)
• Gluten y Almidones Industriales (Mexico).
Wheat Protein Market,By Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
This Report Is Submitted By @Maximize Market Research Company
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