Wheat Protein Market Forecast to 2025
Definition: Global Wheat Protein
Wheat protein has many applications in cosmetics industry as an emulsifier. Presence of gluten in wheat protein, as an emulsifier, has led its application in the cosmetics industries. Rising incidences of diabetes and obesity have further increased adoption of wheat protein, as it is low in calorie content, and keep the blood-glucose level regulated with weight reduction.
Nowadays, consumers prefer healthy substitute over high calorie products; this will encourage adoption of wheat protein owing to their high nutritional value in food products. Wheat protein has been observed to be popular among sportsmen & gym-obsessed individuals.
In order to enhance strength and gain muscles. Increased consumption of wheat protein in animal feed will also stoke its demand across the globe in the coming years. Consumer inclinations towards meat-free diets are a major driving factor for adoption of many plant-derived proteins like wheat protein.
Wheat protein has various applications in industries, owing to its numerous functions including tenderizing, structure enhancement, dough conditioning, aeration, adhesion, foaming, whipping, and film formation.
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Market Analysis
The Global Wheat Protein Market is expected to reach USD 2.98 billion by 2025, from USD 2.04 billion in 2017 growing at a CAGR of 4.82% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2016 and the forecast period is 2018 to 2025.
Market Drivers and Restraints:
- Nutritional benefits for lactose intolerant and health- & fitness-conscious consumers
- Applications increasing for wheat protein in various end-user industries
- Rising consumer preference for meat analogs.
- Increased consumption of plant-based protein diets to mitigate the incidence of type 2 diabetes.
- Increasing gluten intolerance and gluten-free diets.
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Global Wheat Protein Segmentation:
The global wheat protein market is segmented based on product, application and form.
Major players: OPERATING IN THE GLOBAL WHEAT PROTEIN MARKET
ADM, Cargill, Agrana, MGP Ingredients, Manildra Group, Roquette, Glico Nutrition, Kröner-Stärke, Tereos Syrol, Crespel & Deiters, Cropenergies, nutra healthcare, rettenmaier india pvt. Ltd, aster life science and Gluten Y Almidones Industriales, among others.
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