Wheat Protein Concentrate Market is Expected to be Growing at a CAGR of 5.0% by the 2028
The wheat protein concentrate market is expected to be growing at a CAGR of 5.0% in the forecast period of 2021 to 2028. The growing of health and fitness-conscious consumers will act as a driving factor to the growth of the wheat protein concentrate market.
Wheat protein is attained by processing wheat, which involves several extraction procedures utilizing various enzymes.
Major factors that are expected to boost the growth of the wheat protein concentrate market in the forecast period are the rise in the customer preference for meat analog, the nutritional advantages provided for lactose-intolerant and health and fitness-conscious consumers and the growing of the health issues amongst the customers.
Wheat Protein Concentrate Market Scope and Market Size
The wheat protein concentrate market is segmented on the basis of source, functionality, and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Based on the product type, the wheat protein concentrate market is segmented into wheat gluten, wheat protein isolate, textured wheat protein, and hydrolyzed wheat protein.
Based on the form, the wheat protein concentrate market is segmented into dry and liquid.
Wheat Protein Concentrate Market Country Level Analysis
The wheat protein concentrate market is analysed and market size, volume information is provided by country, source, functionality, and application as referenced above.
The countries covered in the wheat protein concentrate market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the wheat protein concentrate market because of the growing ingestion of nutritious supplements, bakery products, and snacks. Furthermore, the new product introductions by companies are attentive on the customer needs for low saturated fat and cholesterol free products which will further boost the growth of the wheat protein concentrate market in the region during the forecast period.
Asia Pacific is projected to observe significant amount of growth in the wheat protein concentrate market because of the increasing of the population, enhancing consumer lifestyle and the growing alertness for healthy foods.
Competitive Landscape and Wheat Protein Concentrate Market Share Analysis
The major players covered in the wheat protein concentrate market report are:
ADM, Cargill Incorporated., Agrana, MGP, Manildra Group, Roquette Frères., Glico NutritionCO., LTD., Kröner Stärke GmbH, Tereos, CropEnergies AG, Gluten y Almidones Industriales, Batory Foods, Kerry., BENEO, Agridient Inc, AMCO Proteins, Tate & Lyle, PureFields, AMILINA, AB, Xi’an SaiNa Biological Technology Co., LTD, BASF SE, among other domestic and global players.