According to a new market research report published by Global Insight Services “Wheat Protein Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Wheat protein is a protein found in wheat. It is a complete protein, meaning it contains all 20 of the amino acids needed by the body. Wheat protein is a good source of the amino acids lysine and tryptophan. It is also a good source of the mineral selenium.
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Key Trends
The key trends in wheat protein technology are as follows:
1. Increasing demand for wheat protein in food and beverage applications: Wheat protein is increasingly being used in food and beverage applications such as bakery products, pasta, breakfast cereals, snacks, and others.
2. Rising demand for wheat protein in animal feed: Wheat protein is also used as an animal feed ingredient. It is a source of essential amino acids and helps in the growth and development of animals.
Key Drivers
The key drivers of the Wheat Protein market include the growing demand for healthier and natural food products, the rising health consciousness among consumers, and the increasing preference for plant-based proteins. Other factors such as the growing demand for functional foods and beverages.
The growing demand for healthier and natural food products is a major driver of the wheat protein market. Consumers are becoming more health-conscious and are looking for food products that are free from chemicals and preservatives.
Market Segmentation
The Wheat Protein Market is Segmented by product, form, application and region. By product, the market is divided into wheat gluten, wheat protein isolate, hydrolyzed wheat protein, textured wheat protein. By Form, the market is divided into liquid and dry form. By application, the market is bifurcated into animal feed, bakery & confectionary, nutrition supplements, dairy products and others. Region-wise the market is segmented into North America, Europe, Asia-Pacific and rest of the world.
Key Players
Few key players operating their business in the global wheat protein market are Archer Daniels Midland Company, Cargill, Inc., Agridient B.V., MGP Ingredients, Inc., Manildra Group, Roquette Frères SA, Glico Nutrition Co. Ltd., Kröner-Stärke GmbH, Tereos SA, and Crespel & Deiters GmbH & Co.
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