Global Wheat Protein Market Research Report

Global Wheat Protein Market

The GMI Research forecasts that the Wheat Protein Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the increasing popularity of plant-based foods, growing awareness towards high-protein food and the rising occurrence of obesity.

Introduction of the Wheat Protein Market

Wheat protein is a plant-based proteins extracted by processing wheat through different enzymes. They are a type of insoluble functional proteins with unique visco-elastic characteristic and higher elasticity.

Key Players of the Global Wheat Protein Market:

· CropEnergies

· Crespel & Deiters Group

· Roquette Frères

· MGP

· Cargill, Incorporated

· Tereos Syrol

· GLICO NUTRITION CO., LTD. Al.

· Manilda Group

· Agrana

· ADM

Wheat Protein Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Some of the major drivers responsible for the growth of the global wheat protein market are the augmenting prominence of plant-based food products and the surging demand for bakery items. Also, the increasing inclination towards veganism promotes market growth as it is considered as a substitute for non-animal protein owing to the nutritional benefits for lactose-intolerant consumers. The individual with lactose intolerance can consume and digest whey protein without any severe impact. The functions of this protein, such as whipping, adhesion, structure improvement, film formation, foaming, and tenderizing, further strengthen the wheat protein market size. Moreover, the growing incidences of obesity have further stimulated the market demand as they have fewer calories, thus supporting weight loss. Furthermore, the protein is consumed mainly by sportsmen and bodybuilders to improve their strength and build muscles. The widespread coronavirus pandemic has persuaded people to choose healthy and protein-rich food products, thereby accelerating market growth. However, the limited supply of wheat available for the extraction of protein may restrict the wheat protein market share.

Wheat Protein Market Segmentation:

Segmentation by Application

· Bakery & Snacks

· Pet Food

· Nutritional Bar & Drinks

· Processed Meat

· Meat Analog

· Others

Segmentation by Form

· Dry

· Liquid

Segmentation by Product

· Wheat Gluten

· Wheat Protein Isolate

· Textured Wheat Protein

Segmentation by Region:

· North America

o United States of America

o Canada

· Asia Pacific

o China

o Japan

o India

o Rest of APAC

· Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

· RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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