According to Stratistics MRC, the Global Wheat Protein Market is accounted for $2.29 billion in 2020 and is expected to reach $3.93 billion by 2028 growing at a CAGR of 7.0% during the forecast period. Increase in consumption of plant-based protein diets, drift in consumer preference for meat analogs and growth in applications of wheat protein in varied end-user industries are driving the market growth. However, rise in discussion on gluten-intolerance and gluten-free diets is hampering the growth of the market.
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Based on the type, the wheat gluten segment is going to have lucrative growth during the forecast period due to the broad range of functionalities of wheat gluten such as foaming, emulsification, viscoelasticity, texturing, and binding leads to its wide-scale usage in bakery products. By geography, Asia Pacific is going to have high growth during the forecast period due to increased demand for meat-free diets and a shift in consumer preference for healthy food options.
Some of the key players profiled in the Wheat Protein Market include Aminola, AminoSib, BENEO, Blattmann Schweiz AG, Bryan W Nash & Sons Ltd, Cargill Incorporated, Costantino & C. spa, Dutch Organic International Trade, GC Ingredients Inc., Glico Nutrition Co., Ltd., KELISEMA, Kröner-Stärke, Manildra Group USA, Meelunie B.V. and MGP.
Products Covered:
• General Grade Product
• Optimal Grade Product
• Sub-Optimal Grade Product
Natures Covered:
• Conventional
• Organic
Forms Covered:
• Dry
• Liquid
Concentrations Covered:
• 75% Concentration
• 85% Concentration
• 95% Concentration
Functions Covered:
• Adhesion and Extensibility
• Binding
• Emulsification
• Foaming
• Texturing
• Viscoelasticity
Types Covered:
• Hydrolyzed Wheat Protein
• Textured Wheat Protein
• Wheat Concentrate
• Wheat Gluten
• Wheat Protein Isolate
Applications Covered:
• Food
• Animal Feed
• Sports Nutrition & Weight Management
• Nutraceuticals
• Cosmetics
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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