Selbyville, DE -- (SBWIRE) -- 10/29/2018 -- North America wheat protein market is projected to surpass 300 kilotons by 2024. Increasing health conscious consumer base and growing vegan population in the region likely to enhance industry. In addition, a surge in demand for cosmetics, nutrition supplements and personal care products owing to rising disposable income will propel regional market share over the forecast period.

Increasing consumer consciousness towards plant-based nutrition diet along with a growing vegan population in emerging economies will drive wheat protein market. Factors such as aging population, rising income level and increased urbanization likely to propel product penetration rate. The rising prevalence of deficiencies in low income countries owing to limited access to high nutrition diets such as meat, fish, fruit and vegetables will further boost product market.

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Positive application outlook as animal feed and growing awareness regarding livestock health is anticipated to propel product demand as animal feed. Easy availability and cost effectiveness will positively influence market penetration. Fluctuations in commodity pricing, including corn and barley likely to support product application scope. Key benefits such as high nutritional value, low fiber content, and a better TDN value compared to counterparts, including corn and barley driving wheat protein market share.

Dry form is anticipated to register a CAGR over 3.5% up to 2024. High water solubility and excellent amino acid profile are the major features supporting dry form demand. Key aspects such as bulk purchasing, easy processing and handling techniques are likely to support segment growth. In addition, low labor cost for manufacturing and ease of application among consumers propelling wheat protein market growth.

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Asia Pacific demand estimated to hold around 20% industry share in 2016. Increasing bakery and confectionery consumption owing to rising population will propel product demand. Favorable socioeconomic factors owing to diversified taste and preference will provide a strong business outlook for manufacturing. Expansion of cosmetics and healthcare sectors in China, Japan, India and South Korea is expected to drive industry expansion.

Global wheat protein market share is highly competitive and concentrated in nature owing to the presence of large manufacturers accounting for a major industry share. Archer Daniels Midland, AB Amilina, Agridient, MGP Ingredients, Manildra Group, Cargill Inc., Crop Energies AG, Crespel & Deiters GmbH and Co. KG, Kroener Staerke are key industry participants.

Table of Contents

Chapter 2. Executive Summary
2.1. Wheat protein industry 360 degree synopsis, 2013 -2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Form trends
2.1.5. Concentration trends
2.1.6. Regional trends

Chapter 3. Wheat Protein Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.3.3.1. Role
3.3.3.2. Product portfolio
3.3.3.3. Global presence
3.4. Technology landscape
3.4.1. Production process
3.4.2. Key patents
3.5. Consumer buying behavior
3.5.1. Unmet needs
3.5.2. Social & cultural impact forces
3.5.3. Information search
3.5.4. Evaluation of alternatives
3.5.5. Purchase decision
3.5.6. Post purchase behavior
3.6. Global wheat industry scenario
3.6.1. Key exporting countries
3.6.2. Key importing countries
3.7. Regulatory landscape
3.7.1.1. North America
3.7.1.2. Europe
3.7.1.3. Asia Pacific
3.7.1.4. Latin America
3.7.1.5. MEA
3.8. Pricing analysis
3.8.1. Regional pricing
3.8.1.1. North America
3.8.1.2. Europe
3.8.1.3. Asia Pacific
3.8.1.4. Latin America
3.8.1.5. MEA
3.8.2. Cost structure analysis
3.9. Industry impact forces

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