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Wheat protein Market Worth USD 2.5 Bn by 2024: Global Market Insights Inc.

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Presentation on theme: "Wheat protein Market Worth USD 2.5 Bn by 2024: Global Market Insights Inc."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Wheat protein Market Worth USD 2.5 Bn by 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global Wheat Protein Market size was worth over USD 1.8 billion in 2016 and will witness over 4% CAGR up to 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.  Several organizations are involved into wheat protein product development. For instance, an International wheat gluten association is working with food technologist for research on several food applications.  Noodles and pasta industry was registered over USD 59 billion revenue in 2016. Companies such as Nestle, Nissan Food, Heinz, ITC, Heinz, and Unilever has increased the usage of wheat proteins in the manufacturing of noodles and pasta, which in turns propelling industry growth of wheat protein market. Key Insights from Wheat protein Market

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  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.  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.  Major industry players in wheat protein market include Roquette, Agrana, Karner-Strike, Crespel & Deiters, Tereos Syral, CropEnergies, and ADM. Mostly, companies are into product portfolio expansion and new product development for novel applications. Other companies are Gluten y Almidones Industrials, Glico Nutrition, Manildra Group, MGP Ingredients.  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 Nutritional Lipids Market @ https://bit.ly/2KxsJZh https://bit.ly/2KxsJZh Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2476 https://www.gminsights.com https://www.gminsights.com/request- sample/detail/49

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