The global wheat protein market is expected to grow at a (CAGR) of 4.7% from 2022 to 2028, reaching a value of US$ 7.8 billion by 2028. Wheat protein is a plant-based protein derived from wheat endosperm. It is a complete protein, meaning that it contains all nine essential amino acids that the body cannot produce on its own. Wheat protein is also a good source of dietary fiber and other nutrients.
Wheat protein is used in a wide variety of food and beverage applications, including bakery products, pasta, meat alternatives, dairy products, and sports nutrition supplements. It is also used in non-food applications, such as cosmetics, animal feed, and adhesives.
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Wheat proteins are mostly produced from plants and are obtained through the processing of wheat using a range of enzymes. These are insoluble functional proteins that have unique visco-elastic characteristics that add elasticity and extensibility to a final product. It is believed that the proteins are a good alternative to protein derived from animals. They are widely used in many end-use industries, including as animal feed, bakery and confectionery, cosmetics and personal care, and nutritional supplements.
Increasing demand for plant-based proteins: Consumers are increasingly seeking out plant-based proteins, due to health concerns, environmental concerns, and ethical concerns. Wheat protein is a popular choice for plant-based proteins, due to its high nutritional value and its versatility.Growing food and beverage industry: The global food and beverage industry is growing rapidly, and this is driving demand for wheat protein. Wheat protein is used in a wide variety of food and beverage products, including bakery products, pasta, meat alternatives, dairy products, and sports nutrition supplements.Rising disposable incomes: Rising disposable incomes in developing countries are leading to increased demand for premium food and beverage products. Wheat protein is a high-value ingredient, and it is used in many premium food and beverage products.Key Takeaways:
The global wheat protein market is expected to grow at a (CAGR) of 4.7% from 2022 to 2028, reaching a value of US$ 7.8 billion by 2028.The market growth is attributed to the rising demand for plant-based protein products and the increasing awareness of the health benefits of wheat protein.The North American region is expected to dominate the global wheat protein market over the forecast period, followed by Europe and Asia Pacific.Key Players:
Some of the key players in the global wheat protein market include:
Archer Daniels Midland Company (ADM)Cargill, IncorporatedConagra Brands, Inc.Ingredion IncorporatedKerry Group plc.Roquette Frères S.A.Tate & Lyle PLCUnilever PLCMarket Segmentation:
The global wheat protein market can be segmented by type, form, concentration, application, and region.
Type:
Wheat protein isolate (WPI)Wheat glutenHydrolyzed wheat proteinTextured wheat proteinForm:
DryLiquidConcentration:
75%85%95%Application:
Food and beverageAnimal feedCosmetics and personal careNutrition supplementsDairy productsOthersRegion:
North AmericaEuropeAsia PacificLatin AmericaMiddle East and Africa
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