Wheat Protein Market Expected to Reach 2.58 Billion USD by 2022

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MarketsandMarkets Presents
Wheat Protein Market Expected to Reach 2.58
Billion USD by 2022
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The report "Wheat Protein Market by Product
(Wheat Gluten, Wheat Protein Isolate, Textured
Wheat Protein, Hydrolyzed Wheat Protein),
Application (Bakery, Pet Food, Nutritional Bars,
Processed Meat, Meat Analogs), Form (Dry,
Liquid), and Region - Global Forecast to 2022",
The wheat protein market is estimated to be
valued at 2.04 Billion in 2017 and is projected
to reach USD 2.58 Billion by 2022, at a CAGR of
4.8 during the forecast period. The market is
driven by factors such as a shift in preference
for plant-based protein foods, increased demand
for meat-free diets, and growing incidence of
lactose intolerance. Browse 78 market
data Tables  35 Figures  136 Pages and in-depth
TOC on "Wheat Protein Market  You can speak
to our analyst_at_ https//www.marketsandmarkets.com/
speaktoanalyst.asp?id67845768
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Source MarketsandMarkets Analysis
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The global wheat protein market is estimated at
USD 2.04 Billion in 2017 and is projected to
reach USD 2.58 Billion by 2022, at a CAGR of 4.8
from 2017. The wheat protein market has been
largely driven by the growing demand for bakery
products, the increasing popularity of
plant-based foods, wheat protein being a suitable
alternative for non-animal protein among vegans
coupled with nutritional benefits for
lactose-intolerant consumers. Europe is
estimated to occupy the largest share of the
global wheat protein market, in terms of value,
in 2017, owing to the mature wheat protein
industry and the presence of major companies such
as Agrana (Austria), Tereos Syral (Germany),
Roquette (France), Crespel Deiters (Germany),
CropEnergies (Germany), and Kröner-Stärke
(Germany). The increase in RD for plant-based
protein, the growing vegan population, new
product launches, and growing investments in the
bakery industry are expected to drive the wheat
protein market growth in this region during the
forecast period. In the Asia Pacific region,
India is projected to be the fastest-growing
market during the forecast period. The growing
trend of pet humanization, large-scale production
of wheat, growing investment by multiple brands,
and government support such as FDI, farmer
subsidy, and low labor cost are expected to drive
the wheat protein market growth in India. Key
players in Europe and the US are expected to
focus on the untapped opportunity in the wheat
protein market in countries such as India and
China, owing to which the Asia Pacific is
expected to witness high growth in the coming
years. The increasing discussion on gluten
intolerance and gluten-free diets is the major
factor restraining the growth of the wheat
protein market, globally. The major challenges
faced by wheat protein manufacturers are limited
technological developments and low consumer
awareness of non-soy proteins. The market for
wheat protein is dominated by key players such as
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), and Gluten y Almidones
Industriales (Mexico).
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• 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 (RD) institutions, and
  other regulatory bodies
• Trade associations and industry bodies such as
  International Wheat Gluten Association (IWGA),
  and Food and Agriculture Organization (FAO)
• Scope of the report
• Based on Product, the market has been segmented
  as follows
• Wheat gluten
• Wheat protein isolate
• Textured wheat protein
• Hydrolyzed wheat protein
• Based on Application, the market has been
  segmented as follows
• Bakery snacks

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• Based on Form, the market has been segmented as
  follows
• Dry
• Liquid
• Based on Region, the market has been segmented as
  follows
• North America
• Europe
• Asia Pacific
• South America
• Middle East Africa
• Available Customizations
• With the given market data, MarketsandMarkets
  offers customizations according to
  client-specific needs.
• The following customization options are available
  for the report
• Regional Analysis

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