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0 0.000848896434634956 -0.00169779286927006 -0.000424448217317554 0.0067911714770798 0.0067911714770798 0.0067911714770798 0.0067911714770798
Stock impact report

Wheat Protein Market Set to Reach $3.2 Billion by 2028 Driven by Plant-Based Food Demand [Yahoo! Finance]

MGP Ingredients, Inc. (MGPI) 
Last mgp ingredients, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mgpingredients.com
Company Research Source: Yahoo! Finance
growth trajectory, projected to rise from USD 2.5 billion in 2023 to USD 3.2 billion by 2028, expanding at a CAGR of 4.9%. This growth is fueled by the rising popularity of plant-based protein products across food & beverages, dietary supplements, and animal feed applications. Why Wheat Protein? Wheat protein has become a sought-after ingredient for its functional versatility, nutritional value, and cost-effectiveness. It caters to multiple industries, including bakery & snacks, pet food, nutritional drinks, processed meat, and meat analogs. With consumers increasingly opting for healthier, protein-enriched diets, wheat protein is finding a strong foothold in both mainstream and specialized product categories. Wheat Gluten to Lead the Market Among product types, wheat gluten is expected to dominate. Its unique structural integrity after cooking and lack of functional competitors make it an essential ingredient. Gluten is a cornerstone in: Bakery products: providing dough ela Show less Read more
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