Market Size of North America Wheat Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Wheat Protein Market Analysis
North America wheat protein market is anticipated to register a CAGR of 6.5% during the forecasted period.
- Increasing demand for plant-based nutrition diet along with a growing vegan population in emerging economies is driving the wheat protein market growth. During the aging population, rising income levels and increased urbanization are likely to fuel product demand.
- Expanding product usage in biscuits, cakes, bread, and other bakery products is instigating the wheat protein market. Positive applications outlook from the animal feed by growing awareness regarding livestock health is anticipated to propel the product demand as animal feed. Easy availability and cost-effective advantages will positively influence market penetration.
