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Wheat Protein Market share to grow at 4% CAGR from 2017 to 2024

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Presentation on theme: "Wheat Protein Market share to grow at 4% CAGR from 2017 to 2024"— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Wheat Protein Market to hit $ 2.5bn by 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global Market Insights, Inc. says, Wheat protein Market size is estimated to exceed USD 2.5 billion by 2024.  Growing health concern among consumers and need to avoid unhealthy occurrences such as lactose intolerances is fueling demand for vegan nutritive protein products.  Surging adoption of plant-based food products to reduce the risk of diabetes and obesity will fuel wheat protein market growth during a forecast time frame.  Changing lifestyle coupled with the adoption of RTE products and packaged food, including instant noodles & pasta is driving market penetration.  Noodles and pasta industry was registered over USD 59 billion revenue in 2016.  Wheat protein isolate market will witness sales over USD 800 million by 2024.  Increasing fitness awareness among the large population in North America and the Asia Pacific drives demand for health supplements, nutritional products and energy drinks Key Insights from Wheat Protein Market:

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Sportsperson and athletes primarily need protein intake to cope up for body nutrition during training, daily exercises and practice performances, thus stimulating product demand.  Hydrolyzed wheat protein market is projected to observe over 3% growth up to 2024.  Rising demand for natural personal care products including shampoo, masks, hair conditioning and body moisturizers will propel product demand.  Bakery & confectionery applications accounted for over 50% of the global industry share.  Dry form demand stood over 500 kilotons in 2016.  The Asia Pacific wheat protein market is anticipated to observe the significant industry growth during the forecast time owing to large consumer population supporting demand.  Major industry players in wheat protein market include Roquette, Agrana, Karner-Strike, Crespel & Deiters, Tereos Syral, CropEnergies, and ADM. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com North America Wheat Gluten Market, By Application, 2016 & 2024 (Kilo Tons)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Wheat Protein Market @ https://bit.ly/2FzTx7y https://bit.ly/2FzTx7y Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2476 https://www.gminsights.com/request-sample/detail/2476 https://www.gminsights.com/request-sample/detail/49

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