0 likes | 14 Views
The global wheat protein market size is anticipated to reach a value of $2.5 billion by 2023 and $3.2 billion by 2028, representing a compound annual growth rate (CAGR) of 4.9% from 2023 to 2028.
E N D
WheatProteinMarketSize,Share,GrowthDrivers,andTopCompanies Theglobalwheat protein market sizeisanticipatedtoreachavalueof$2.5billionby2023and$3.2billionby2028,representingacompoundannualgrowthrate(CAGR)of4.9%from2023to2028.Owingtotheincreaseindemandformeat-freediets,risingobesitycasesresultingindemandforlow-caloriefoods,andconsumersseekinghealthyfoods.Wheatgluten,beingrichinproteins,isasuitableoptionandhasboostedthedemandforitintheglobalwheatproteinmarket. Whatiswheatprotein? Wheatprotein,alsoknownaswheatgluten,isanaturalproteinderivedfromwheatgrains.It'scommonlyusedinfoodproductsasasourceofproteinandasafunctionalingredientbecauseofitsuniqueproperties.Wheatproteinisextractedfromwheatflourbywashingawaythestarchcomponent,leavingbehindtheglutenprotein. Ithasahighproteincontent,typicallyaround70-80%,makingitavaluableingredientinvegetarianandvegandietsasameatsubstituteorproteinfortifierinvariousfoodproducts.Wheatproteinprovidesstructureandelasticitytodough,whichiswhyit'softenusedinbakingtoimprovethetextureandriseofbreadandotherbakedgoods.
However,it'sworthnotingthatwheatproteincanbeproblematicforindividualswithglutenintoleranceorceliacdisease,asitcontainsgluten,theproteincomponentresponsiblefortheelastictextureofdough.Fortheseindividuals,consumingwheatproteincanleadtoadversehealtheffects.However,it'sworthnotingthatwheatproteincanbeproblematicforindividualswithglutenintoleranceorceliacdisease,asitcontainsgluten,theproteincomponentresponsiblefortheelastictextureofdough.Fortheseindividuals,consumingwheatproteincanleadtoadversehealtheffects. • Wheat Protein Market Drivers • Thewheatproteinmarketisinfluencedbyavarietyofdriversthatcontributetoitsgrowthandexpansion.Herearesomekeyfactorsdrivingthemarket: • GrowingDemandforPlant-BasedProteins:Withanincreasingshifttowardsvegetarianismandveganism,thereisarisingdemandforplant-basedproteins.Wheatprotein,beingarichsourceofplant-based protein,isbenefitingfromthistrend. • HealthandWellnessTrends:Consumersarebecomingmorehealth-consciousandareseekingproductsthatoffernutritionalbenefits.Wheatproteinisvaluedforitshighproteincontentandisusedinavarietyofhealthandwellnessproducts,includingdietary supplementsandfunctional foods. • FoodandBeverageIndustryGrowth:Thefoodandbeverageindustryisexpandingglobally,leadingtoincreaseduseofwheatproteininproductssuchasbakerygoods,snacks,meatanalogs,anddairy alternatives. • AdvancementsinFoodProcessingTechnologies:Innovationsinfoodprocessingtechnologieshavemadeiteasiertoincorporatewheatproteinintoawiderangeoffoodproducts,enhancingitsfunctionalityandappeal. • RisingPopularityofSportsandFitnessNutrition:Thesportsandfitnessindustryiswitnessingsignificantgrowth,withmoreindividualsseekinghigh-proteinproductstosupporttheiractivelifestyles.Wheatproteinisapopularingredientinsportsnutritionproductsduetoitshighproteincontentanddigestibility. • IncreasingIncidenceofFoodAllergiesandIntolerances:Wheatproteinisbeingusedasanalternativetootherproteinsourceslikesoyanddairy,whicharecommonallergens.Thismakesitanattractiveoptionforconsumerswithspecificdietaryrestrictions. • SustainableandEthicalConsiderations:Consumersarebecomingmore • environmentallyconsciousandareseekingsustainableandethicallyproducedfoodproducts.Wheatprotein,beingaplant-basedprotein,alignswellwiththesevalues. • EconomicFactors:Wheatproteincanbeacost-effectivealternativetoanimal-basedproteins,makingitappealingtomanufacturerslookingtoreduceproductioncostswithoutcompromisingonproductquality. • GovernmentInitiativesandSupport:Variousgovernmentsarepromotingtheconsumptionofplant-basedfoodsfortheirenvironmentalandhealthbenefits,whichinturnsupportsthegrowthofthewheatproteinmarket.
InnovativeProductDevelopment:Continuousresearchanddevelopmentinthefieldofwheatproteinareleadingtothecreationofnewandimprovedproducts,drivingconsumerinterestandmarketgrowth.InnovativeProductDevelopment:Continuousresearchanddevelopmentinthefieldofwheatproteinareleadingtothecreationofnewandimprovedproducts,drivingconsumerinterestandmarketgrowth. • Wheat Protein Market Opportunities:Growingroleofwheatproteininthepetindustry • Thepetfoodmarketisdrivenbytwoprimarytrendsglobally.Thesetrendsarepremiumizationandhumanization.Thereisagrowingtrendofpethumanizationasa"familymember"amongowners.Duetothis,thereisariseinthedemandforpremiumpetfoodwithnutritionalbenefits,betterdigestibility,andimprovedingredientqualityforpets.Consideringthischanginghumantendency,themajorplayers,suchasCrespel&DeitersGroup(Germany),areofferingwheatproteinasaningredientthatcanbeincorporatedinpetfoodproducts. • Indrydogfoodsandbiscuits,wheatisagrainthatprovideshigh-qualitycarbohydrates.Inadditiontogivingusenergyfordailytasks,italsogivesfoodtheabilitytobeprocessed.Wheatisamajorsourceofnutrientsandoffersawiderangeofadvantages.Wheat-basedproductsofferholistic,wheat-basedsolutionsforoptimizingpetfoodbecausetheyarerichinstarches,vitamins,minerals,traceelements,andfiber,whichaidintheformationofbalancedpetfoodproducts. • Top Wheat Protein Companies: • ADM(US) • Cargill,Incorporated(US) • Tereos(France) • SüdzuckerAG(US) • MGPIngredients(US) • RoquetteFrères(France) • GlicoNutritionFoodsCo.,Ltd.(Japan) • KerryGroupPLC(Ireland) • ManildraGroup(Australia) • Kröner-Stärke(Germany) • Crespel&DeitersGroup(Germany) • BatoryFoods(US) • AgridientB.V.(Netherlands) • Tate&Lyle(UK) • TheScoularCompany(US) • DownloadPDFBrochure: • https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=67845768 WheatProteinMarket:RegionalAnalysis
Thewheatproteinmarketexhibitsavariedlandscapeacrossdifferentregionsglobally.Here'sabreakdown:Thewheatproteinmarketexhibitsavariedlandscapeacrossdifferentregionsglobally.Here'sabreakdown: • NorthAmerica: • NorthAmericaholdsasignificantshareinthewheatproteinmarket,primarilydrivenbytheUnitedStatesandCanada.Theregion'smarketgrowthisattributedtotherisingdemandforplant-basedproteinproducts,increasinghealthconsciousnessamongconsumers,andtheprevalenceofveganandvegetariandiets.Moreover,thepresenceofkeyplayersinthefoodandbeverageindustryinthisregionfurtherfuelsmarketgrowth. • Europe: • Europeisanotherprominentmarketforwheatprotein,withcountrieslikeGermany,France,theUK,andItalyleadingthedemand.Thegrowthinthisregionisdrivenbyfactorssuchastheincreasingadoptionofmeatalternatives,thepopularityofclean-label products,andthegrowingconsumerawarenessregardingthehealthbenefitsofplant-basedproteins.Additionally,stringentregulationspromotingsustainableandenvironmentallyfriendlyfoodproductionpracticesalsocontributetomarketexpansion. • AsiaPacific: • AsiaPacificiswitnessingrapidgrowthinthewheatproteinmarket,fueledbycountrieslikeChina,India,Japan,andSouthKorea.Factorssuchasthegrowingpopulation,risingdisposableincome,changingdietarypreferences,andtheincreasingdemandforhealthyandnutritiousfoodproductsaredrivingmarketgrowthinthisregion.Additionally,theexpansionofthefoodprocessingindustryandadvancementsinfoodtechnologyfurthercontributetothemarket'sdevelopment. • LatinAmerica: • LatinAmericaisemergingasalucrativemarketforwheatprotein,withcountrieslikeBrazil,Argentina,andMexicoleadingthedemand.Factorssuchastherisingawarenessregardingthehealthbenefitsofplant-basedproteins,thegrowingtrendofclean-labelproducts,andtheincreasingadoptionofvegetarianandflexitariandietsaredrivingmarketgrowthinthisregion.Additionally,thepresenceofkeymanufacturersandfavorablegovernmentinitiativessupportingtheproductionofplant-basedproteinsfurtherpropelmarketexpansion. MiddleEastandAfrica:
TheMiddleEastandAfricaregionarealsowitnessingagrowingdemandforwheatprotein,drivenbyfactorssuchastheincreasinghealthconsciousnessamongconsumers,therisingprevalenceoflifestylediseases,andthegrowingawarenessregardingtheenvironmentalimpactofanimalagriculture.Moreover,theexpansionofthefoodandbeverageindustryandtherisinginvestmentsinplant-basedproteinproductionfacilitiescontributetomarketgrowthinthisregion.TheMiddleEastandAfricaregionarealsowitnessingagrowingdemandforwheatprotein,drivenbyfactorssuchastheincreasinghealthconsciousnessamongconsumers,therisingprevalenceoflifestylediseases,andthegrowingawarenessregardingtheenvironmentalimpactofanimalagriculture.Moreover,theexpansionofthefoodandbeverageindustryandtherisinginvestmentsinplant-basedproteinproductionfacilitiescontributetomarketgrowthinthisregion. • MakeanInquiry: • https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=67845768 • WheatProteinMarketSegmentation • Thisresearchreportcategorizesthewheatproteinmarket,basedontype,type,application,form,andregion. • ByApplication • Bakery&Snacks • Pet food • NutritionBars&Drinks • ProcessedMeat • MeatAnalogs • OtherApplications • ByForm • Dry • Liquid • ByProduct • WheatGluten • WheatProteinIsolate • TexturedWheatProtein • HydrolyzedWheatProtein • ByConcentration • 75% • 80% • 95% ByRegion
NorthAmerica • Europe • AsiaPacific • RoW • Formoreinformationaboutthewheatproteinindustry,Visit:https://www.marketsandmarkets.com/Market-Reports/wheat-protein-market-67845768.html