Analysis of Wheat Protein Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~4% During 2024-2036 and Attain ~USD 4.25 Billion by 2036

in #wheat4 months ago

Research Nester’s recent market research analysis on “Wheat Protein Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global wheat protein market in terms of market segmentation by product, concentration, application, form, and by region.
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The global wheat protein market is estimated to grow majorly on account of the increased demand for beauty products. For instance, it is anticipated that the market will expand at around a 3% yearly rate.
Products such as shampoos for hair growth are in greater demand around the world which can be attributed to growing awareness of personal hygiene and grooming.
This is likely to boost the demand for wheat protein a non-animal protein that comes from wheat germ which is believed to help moisturize and strengthen hair.
Shampoo containing wheat protein exhibits great abilities to repair damaged hair owing to abundant disulfide connections that can aid in mending the damaged bonds on the surface of the hair.
Also, vegetarian nutrition is becoming more and more popular worldwide these days led by the growing concerns about one's health as well as ethical, and environmental, and the growing interest in plant-based diets. This has increased the demand for wheat proteins.
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Some of the major growth factors and challenges that are associated with the growth of the global wheat protein market are:
Growth Drivers:
• Increasing Participation in Sports
• Rising Disposable Income
Challenges:
The rising concern for side effects associated with the consumption of wheat protein, and the high manufacturing cost are some of the major factors anticipated to hamper the global market size of wheat protein. For certain persons with gluten intolerance, wheat can lead to problems like wheat allergy, celiac disease, and other wheat-related disorders.
Furthermore, the cost of production is increased by fluctuating raw material prices, and the requirement of expertise to make wheat protein. These costs are frequently included in the final cost of wheat protein products.
By application, the global wheat protein market is segmented into bakery & confectionery, animal feed, dairy, personal care, sports & nutrition. The diabetes segment is to garner the highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. Due to its increased use in bread, cakes, biscuits, and other baked goods, wheat protein is becoming more and more necessary.
Wheat protein isolate, which is well recognized for giving baked goods form may be used in place of eggs in a variety of bakery applications owing to its higher moisture content, better water absorption, and softness.
Wheat protein isolate, or WPI, is the wheat protein that has been physically and/or chemically separated from other flour components and is a great ingredient in low-carb or keto baking that doesn't include gluten-forming proteins, such as coconut and almond flour.
Besides this, a high-protein diet is essential for athletes, thus extra nutritional supplements, such as wheat protein, are used by bodybuilders and athletes in particular to boost their protein consumption and speed up muscle recovery.
For instance, a frequent exerciser's protein requirements are higher, ranging from 1 to 1.5 grams per kilogram of body weight.
By region, the North American wheat protein market is to generate the highest revenue by the end of 2036. This growth is anticipated by the growing food and beverage industry in the region. As a result, there is a high demand for wheat protein.
Besides this, the percentage of Americans who eat veganism is more than 2%. Particularly, in the US, around 5% of consumers are vegan. This is expected to fuel market demand for wheat protein in the country.
Furthermore, Europe is the world's largest producer of wheat, which has been a significant growing factor for the wheat protein market.
Also, in Europe, wheat proteins are the most often utilized plant-based proteins and are becoming more widely accepted as a healthy substitute for people who are vegetarians or vegans.
This report also provides the existing competitive scenario of some of the key players of the global wheat protein market which includes company profiling of Archer Daniels Midland Company (ADM), Agridient B.V., MGP Ingredients, Cargill, Incorporated, Manildra Group, Crespel & Deiters GmbH and Co. KG, Kröner-Stärke GmbH, and others.
Access our detailed report at:
https://www.researchnester.com/reports/wheat-protein-market/6185
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.
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AJ Daniel
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