Global Wheat Protein Market Analysis
According to Ozone Market Reports, The Global Wheat Protein Market was valued at USD 1.11 Billion in 2018 and is projected to reach USD 2.83 Billion by 2026, growing at a CAGR of 12.43 % from 2018 to 2026.
What is Wheat Protein?
Wheat protein is an affordable source of cereal protein to support active lifestyles. Wheat protein is essential for bread and noodle making because wheat protein creates elastic texture to achieve high level of dough strength. Wheat protein has muscle maintenance properties which and works better that whey.
Global Wheat Protein Market Outlook
Increase in population consuming protein rich food and increasing preference for plant-based nutrition diet along with a growing vegan population in emerging economies will to drive the growth during the forecast. Wheat protein is first choice among young individuals conscious about muscle building. Its ability to promote building muscles has made it favourite among body builders. Research revealed that a family of proteins in wheat is responsible for activating inflammation in chronic health conditions such as multiple sclerosis, asthma, and rheumatoid arthritis which has causes decrease in demand in past few years.
Global Wheat Protein Market Competitive Landscape
The “Global Wheat Protein Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as ADM, BASF SE, Cargill, Agrana, MGP Ingredients, Roquette, Glico Nutrition, Tereos Syrol, Agridient, and Manildra Group. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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