According to this latest study, the
growth in Wheat Protein Market size is
projected to reach USD 2.7 Billion by 2027 from an estimated USD 2.2 Billion in
2020, growing at a CAGR of 3.3% globally.
Wheat is
one of the popular and important cereal crops globally concerning production
and consumption. It is a rich source of energy, protein, and dietary fiber in
human nutrition and animal feeding. In addition, it offers approximately
one-fifth of the total calorific input of the global population. Currently,
around 95% of the wheat grown globally is hexaploidy bread wheat, with most of
the remaining 5% being tetraploid durum wheat. Furthermore, mature wheat grains
hold 8% to 20% proteins. Wheat proteins contain high complexity and various
interactions with each other, hence making them difficult to characterize.
Generally, they are categorized according to their solubility. Following the
sequential Osborne extraction procedure, glutenin, albumins, gliadins, and
globulins are isolated. An alternative classification to that described has
been proposed based on constitution and structure rather than solubility. It is
required for bread and noodle-making owing to wheat protein creates an elastic
texture to achieve a high level of dough strength. Moreover, wheat proteins
help to provide the body with essential amino acids that it cannot synthesize
on its own. Beyond nutrition, these affordable, plant-sourced proteins cater to
functional benefits, yet their neutral flavor profile makes them easy to
incorporate into a variety of food and animal feed systems which would help to
increase the wheat protein market during the forecast period.
Download a Free Sample Copy of the
Market Report: -
https://introspectivemarketresearch.com/request/15888
This
report is an exhaustive study of Wheat Protein market by analyzing its various
segments on a regional level to provide a clear view of how these segments are
performing in different parts of the world. The research methodology used to
estimate and forecast the size of these segments on both a global and regional
level includes various secondary sources such as company annual reports, press
releases, government publications, industry journals, trade associations, and
statistical databases among others.
The Major Players in the Wheat
Protein Market Include:
Cargill (US),Batory Foods (US),Agrana
(Austria),Kröner-Stärke (Germany),Manildra Group (Australia),Tate & Lyle
(UK),Roquette (France),Crespel & Deiters (Germany),MGP Ingredients
(US),PureField Ingredients (US),Tereos Syral (France),CropEnergies (Germany),ADM
(US),Kerry Group (Ireland),BENEO (Germany),Glico Nutrition (Japan),Agridient
Inc (US),AMCO Proteins (US),Gluten y Almidones Industriales (Mexico),Others
Segmentation of Wheat Protein market:
By Type:
·
Wheat Protein Isolate
·
Wheat Gluten
·
Hydrolyzed Wheat Protein
·
Textured Wheat
·
And Others
By Applications :
·
Animal
Feed
·
Bakery
& Confectionery
·
Cosmetics
& Personal Care
·
Nutrition
Supplements
·
Dairy
Products
·
Nutritional
Bars & Drinks
·
Processed
Meat
·
Meat
Analogs
· And Others
Geographic Segment Covered in the
Report
·
North America (U.S., Canada, Mexico)
·
Europe (Germany, U.K., France,
Italy, Russia, Spain, Rest of Europe)
·
Asia-Pacific (China, India, Japan,
Southeast Asia, Rest of APAC)
·
Middle East & Africa (GCC
Countries, South Africa, Rest of MEA)
·
South America (Brazil, Argentina, Rest
of South America)
Knowing
market share in the base year provides you an idea of the competition and size
of the suppliers. It reflects the market's fragmentation, accumulation,
dominance, and amalgamation features. The Competitive Scenario provides an outlook
study of the suppliers' various industry growth plans. This section's news
provides vital insights at various stages while keeping up with the industry
and engaging players in the economic discussion. Merger & Acquisition,
Collaboration, Partnership, Agreement, Investment & Funding, New Product
Launch & Enhancement, Recognition, Rewards & Expansion are the
categories that the competitive scenario represents. All of the research data
collected helps the vendor identify market gaps as well as competitor
weaknesses and strengths, helping them to better their service and product.
Covid-19 Impact and Recovery
Analysis on Industry:
The COVID-19 pandemic has had
devastating effects on several industry verticals globally. To constrain the
number of cases and slow the coronavirus spread, various public health
guidelines were implemented in different countries across the globe. COVID-19
protocols ranging from declaring national emergency states, enforcing
stay-at-home orders, closing nonessential business operations and schools,
banning public gatherings, imposing curfews, distributing digital passes, and
allowing police to restrict citizen movements within a country, as well as
closing international borders. With the growing vaccination rate, governments
are uplifting the protocols to give a boost to the stagnant economy. Like other
industries, Wheat Protein Market have
experienced slowdown the growth, however market is expected bounce back as
restrictions are being lifted up by governments across the globe.
Reasons to Purchase this Market
Report:
·
Market
forecast analysis through recent trends and SWOT analysis
·
Wheat
Protein Market Dynamics Scenarios with Market Growth Opportunities over the
Next Year
·
Market
segmentation analysis, including qualitative and quantitative studies that
include economic and non-economic impacts
·
Wheat
Protein Market Regional and country-level analysis that integrates demand and
supply forces that impact the growth of the market.
· Competitive environment related to the Wheat Protein market share for key players, along with new projects and strategies that players have adopted over the past five years