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What's Driving the Wheat Protein Market Trends? Cargill, AGRANA Group, MGP Ingredients, Roquette, Glico Nutrition, Tereos, Agridient B.V., Manildra Group, Crop Energies AG, Kerry
Press release from: Global Market Insights, Inc.
Europe Wheat Protein Market is anticipated to observe over 4.1% CAGR up to 2024. Expanding product usage in biscuits, cakes, bread, and other bakery products are instigating wheat protein market. Surging demand for plant-based food products owing to nutritional benefits fuelling market growth. Germany France and UK are key countries contributing major revenue share owing to the improved adoption of organic products stimulating industry size. Growing health awareness has resulted in improved usage of vegan raw materials in cosmetic and personal care products. Nutritional gains, chemical free material and huge consumer base are key factors fostering market expansion.
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Rising consumer awareness pertaining to healthy lifestyle maintenance and growing lactose intolerance cases globally will fuel the demand for vegetarian nutritious products. Increasing plant-based food products adoption for reducing the risk of obesity and diabetes will proliferate wheat protein market size.
Numerous organizations are engaged in product development from plants derived gluten. For instance, International Wheat Gluten Association works with food technologists for product innovation and research of various food applications to improvise nutrition, appearance, cost, and food flavor. Substantial changes in the consumer lifestyle along with the packaged foods and RTE products adoption including pasta & instant noodles will drive the overall wheat protein market growth.
These products may not be suitable for every consumer owing to the presence of high protein concentration that can cause stomach ailments. Increasing awareness of gluten-free food products and rising incidences of gluten intolerance among consumers may hamper wheat protein market growth.
Company profiled in this report based on Business overview, Strategic outlook & SWOT analysis:
• Archer Daniels Midland Company
• AGRANA Group
• MGP Ingredients
• Glico Nutrition
• Agridient B.V.
• Manildra Group
• Crop Energies AG
Hydrolyzed wheat protein market is projected to observe over 3.1% growth in the forecast period from 2018 to 2024. Increasing demand for organic & natural personal care products such as masks, shampoo, body moisturizers, and hair conditioning will boost the product application scope. Wide utilization of the ingredients owing to its nourishing advantages associated with improved hair & skin health will augment the product portfolio. Moreover, increased utilization as an emulsifying agent in the cosmetic products production will promulgate the overall industry growth.
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Asia Pacific is anticipated to witness a CAGR at over 5% from 2018 to 2024. Increasing demand for plant-based cosmetic products owing to the rising consumer awareness pertaining to the key product health benefits will propel the regional industry growth. Rapid urbanization & technological advancements coupled with low labor costs across numerous countries in the region will provide competitive edge for several manufacturing companies.
Chapter 1. Methodology & Scope
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
Chapter 2. Executive Summary
2.1. Wheat protein industry 3600 synopsis, 2013 –2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Form trends
2.1.5. Concentration trends
2.1.6. Regional trends
Chapter 3. Wheat Protein Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology
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This release was published on openPR.
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