Asia Pacific Wheat Protein Market By Type (Wheat Gluten, Wheat Protein Isolate, Textured Wheat Protein, Others), By Application (Dairy, Bakery, Sports Food, Confectionery, Others), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2024 to 2029)

Updated On: January, 2024

ID: 7415

Pages: 145

Asia Pacific Wheat Protein Market Value And Growth Analysis:

Asia Pacific Wheat Protein Market was worth USD 260 million in 2022 and is estimated to be growing at a CAGR of 6.9%, to reach USD 370 million by 2027.

Asia Pacific Wheat Protein Market Overview:

Wheat Proteins perform numerous functions which include film formation, whipping, foaming, aeration, Adhesion, tenderizing, dough conditioning, and structure enhancement. The growth of the Asia Pacific Wheat Protein Market Share is mainly driven by the rising health consciousness, as an alternative to meat and other animal products, in the developing and developed regions of the world. Further, the increasing use of wheat proteins by bodybuilders and sportsmen for gaining muscles and enhancing strength also contributes to market growth. However, recent studies on the harmful effects of wheat proteins and their derivatives are hindering the growth of the market.

REPORT COVERAGE:

REPORT METRIC	DETAILS
Market Size Available	2022 – 2027
Base Year	2021
Forecast Period	2022 - 2027
CAGR	6.9%
Segments Covered	By Product, Type, Consumption, Distribution Channel and Region
Various Analyses Covered	Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
Regions Covered	North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled	Manildra Group, Cargill, ADM, Tereos Syrol, Roquette, MGP Ingredients, Inc, Permolex, Chamtor, Crespel & Deiters GmbH, Crop Energies

Asia Pacific Wheat Protein Market Segmentation:

The Asia Pacific Wheat Protein market Size is segmented on the basis of

type
application

On the basis of type

wheat gluten
wheat protein isolate
textured wheat protein

On the basis of the application

dairy
bakery
sports food
confectionery
nutritional supplements

Asia Pacific Wheat Protein Market Regional Analysis:

The Asia Pacific region is geographically segmented into

China
India
Japan
South Korea
Australia

Asia Pacific is predicted to grow with the highest CAGR during the forecast period. Factors such as growing consumption coupled with the rapid growth in distribution channels are anticipated to lead the growth of the market in this region.