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Wheat Protein Market to Reach USD 1.49 Billion by 2022: Evolve Business Intelligence Study Reveals the Versatility and Health Benefits of Wheat Protein in Food and Personal Care Products

05-03-2023 03:58 PM CET | Fashion, Lifestyle, Trends

Press release from: Evolve Business Intelligence

Wheat Protein Market to Reach USD 1.49 Billion by 2022: Evolve

As per the study initiated by Evolve Business Intelligence, the global Wheat Protein market size accounted for USD 1.49 Billion in 2022, growing at a CAGR of 4.96% from 2023 to 2033. Wheat protein is a type of plant-based protein that is extracted from wheat flour. It is commonly used as a food ingredient in various products, including bread, pasta, and meat substitutes. Wheat protein is a rich source of gluten, which gives dough its elastic and stretchy properties. However, some people may have a sensitivity or allergy to gluten, which can cause adverse reactions when consumed. In addition to gluten, wheat protein contains other essential amino acids and is a good source of protein for vegetarians and vegans. It is often used as a meat substitute because of its ability to mimic the texture and mouthfeel of meat. Wheat protein is also used in some personal care products, such as shampoos and conditioners, due to its ability to help strengthen and moisturize hair.
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Key Highlights:
• The global Wheat Protein Market size was valued at USD 1.49 billion in 2022 growing at a CAGR of 4.96% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on the Global Wheat Protein Market focusing on various aspects including market size and forecast, market dynamics, competitors' market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which include Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted to prosper in this industry over the short and long terms. The quantitative analysis includes our authentic findings of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID-19 impact, the Wheat Protein market report also includes the following data points:
• COVID-19 Impact on Wheat Protein market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players' Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in the Wheat Protein Market
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Key Players
Some of the major Wheat Protein players holding high market share include Archer Daniels Midland Company, Roquette Freres, Glico Nutrition Co Ltd, Kroner-Starke, Cargill Incorporated, and Tereos Group. These players use partnership and collaboration as key strategies to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Archer Daniels Midland Company
• Roquette Freres
• Glico Nutrition Co Ltd
• Kroner-Starke
• Cargill Incorporated
• Crespel & Deiters GmbH & Co. KG
• CropEnergies
• Manildra Group
• MGP Ingredients Inc
• Tereos Group
Segmental Analysis
Market Segment By Product Type with a focus on market share, consumption trend, and growth rate of the Wheat Protein Market:
o Wheat Gluten
o Wheat Protein Isolate
o Textured Wheat Protein
o Hydrolyzed Wheat Protein
Market Segment By Form with focus on market share, consumption trend, and growth rate of Wheat Protein Market:
o Solid
o Liquid
Market Segment By Protein Concentration with focus on market share, consumption trend, and growth rate of Wheat Protein Market:
o 75% Protein Concentration
o 80% Protein Concentration
o 95% Protein Concentration
Market Segment By Application with focus on market share, consumption trend, and growth rate of Wheat Protein Market:
o Dairy
o Bakery & Confectionery
o Nutritional Supplements
o Animal Feed
Parameters Details
Market Size (2022) USD 1.49 Billion
CAGR (2023 to 2033) 4.96%
Market Segmentation Product Type, Form, Protein Concentration, Application
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=019029
Global Wheat Protein Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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