Wheat Protein Market expands with the global demand for meat alternatives

Wheat Protein Market Overview:

The global wheat protein market totaled US$ 1.64 billion in 2016 and is expected to grow at an annual rate of 5.1%, reaching US$ 2.10 billion in 2021. Wheat proteins perform many functions, including training in film, foam, aeration, adhesion, softening, dough conditioning and structural improvement. Gluten does not exist until the flour is moistened, where water combines the two wheat proteins glutenin and gliadin to form gluten.

Market Drivers and Restraints:

The global wheat protein market is driven by growing health awareness as an alternative to meat and other animal products in the world's developing and industrial regions. In addition, the increasing use of wheat proteins by bodybuilders and athletes to build muscle and improve strength will further fuel this growth. On the flip side, the harmful effects of wheat proteins and their derivatives may inhibit the market extension.

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Report segmented as

By Type:

  • Wheat Gluten,
  • Wheat Protein Isolate,
  • Textured Wheat Protein,

By Application:

  • Dairy,
  • Bakery,
  • Sports Food,
  • Confectionery,

Geographical Analysis:

The market has been geographically segmented in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. In 2015, North America was the market leader in the global wheat protein market. The market in the Asia-Pacific region is growing due to higher consumption. The Asia-Pacific and other emerging markets are likely to grow rapidly in the following years compared to the mature markets.

Important Market Players:

The chief players functioning in the Global Wheat Protein business include Manildra Group, Cargill, ADM, Tereos Syrol, Roquette, MGP Ingredients, Inc, Permolex, Chamtor, Crespel & Deiters GmbH, Crop Energies, Sedamyl amongst others.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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