Mark Twain's blog : Wheat Protein Market & Global Industry Forecast Report, 2021-2028
Wheat Protein Market
The Wheat Protein Market is projected to expand at a compound annual growth rate of 3.8% over the forecast period. The growing demand for plant-based nutrition diet, accelerating trend of veganism, and growing geriatric population will drive the wheat protein market size.
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Wheat Protein Market Dynamics
The wheat protein is a substitute for non-animal protein among vegans. The wheat protein provides several benefits such as whipping, film formation, adhesion, foaming, tenderizing, and improved structure. With the increasing incidences of obesity, the demand for wheat protein has increased. The protein has less calories, thus helps in reducing weight, gaining muscles, and improving strength among bodybuilders and sportsperson. In addition, the surging demand for bakery products and the growing prominence of plant-based foods owing to the increasing trend of veganism will fuel the wheat protein market share. The evolution of the coronavirus has raised concerns towards heath. Thus, people are seeking for high-protein and nutritious food products, contributing to the market growth.
Application- Segment Analysis
The pet food is projected to hold a larger share over the forecast period. The growing disbursement on pet food products and rising trend of pet humanization in India and the U.S. will drive the market growth. The drift among consumers towards meat consumption has surged the demand for plant-based alternatives such as wheat protein.
Product – Segment Analysis
The wheat gluten is expected to witness a faster CAGR during the forecast period. Different functionalities of wheat gluten, such as foaming, texturing, emulsification, and viscoelasticity, have increased its application in bakery products. It is regarded as a perfect alternative for consumers seeking for vegetarian food products.
Market Segmentation
Wheat Protein Market by Application
- Bakery & Snacks
- Pet Food
- Nutritional Bar & Drinks
- Processed Meat
- Meat Analog
- Others
Wheat Protein Market by Form
- Dry
- Liquid
Wheat Protein Market by Product
- Wheat Gluten
- Wheat Protein Isolate
- Textured Wheat Protein
- Hydrolysed Wheat Protein
Wheat Protein Market by Region:
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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