Wheat Protein Market share to grow at 4% CAGR from 2017 to 2024

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Global Wheat Protein Market to hit 2.5bn by
2024 Global Market Insights Inc.
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Key Insights from Wheat Protein Market

• Global Market Insights, Inc. says, Wheat protein
  Market size is estimated to exceed USD 2.5
  billion by 2024.
• Growing health concern among consumers and need
  to avoid unhealthy occurrences such as lactose
  intolerances is fueling demand for vegan
  nutritive protein products.
• Surging adoption of plant-based food products to
  reduce the risk of diabetes and obesity will fuel
  wheat protein market growth during a forecast
  time frame.
• Changing lifestyle coupled with the adoption of
  RTE products and packaged food, including instant
  noodles pasta is driving market penetration.
• Noodles and pasta industry was registered over
  USD 59 billion revenue in 2016.
• Wheat protein isolate market will witness sales
  over USD 800 million by 2024.
• Increasing fitness awareness among the large
  population in North America and the Asia Pacific
  drives demand for health supplements, nutritional
  products and energy drinks

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Continued...

• Sportsperson and athletes primarily need protein
  intake to cope up for body nutrition during
  training, daily exercises and practice
  performances, thus stimulating product demand.
• Hydrolyzed wheat protein market is projected to
  observe over 3 growth up to 2024.
• Rising demand for natural personal care products
  including shampoo, masks, hair conditioning and
  body moisturizers will propel product demand.
• Bakery confectionery applications accounted for
  over 50 of the global industry share.
• Dry form demand stood over 500 kilotons in 2016.
• The Asia Pacific wheat protein market is
  anticipated to observe the significant industry
  growth during the forecast time owing to large
  consumer population supporting demand.
• Major industry players in wheat protein market
  include Roquette, Agrana, Karner-Strike, Crespel
  Deiters, Tereos Syral, CropEnergies, and ADM.

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North America Wheat Gluten Market, By
Application, 2016 2024 (Kilo Tons)

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