Wheat Protein Market: Global Industry Analysis And Forecast (2023-2029)

Global Wheat Protein Market size was valued at US$ 2.54 Bn. in 2022 and the total Wheat Protein revenue is expected to grow at 4.97 % through 2023 to 2029, reaching nearly US$ 3.56 Bn.

Wheat Protein Market Overview:

Wheat proteins are plant-based proteins that are primarily obtained by processing wheat with various enzymes. It is known as vital wheat gluten in its freshly extracted wet form, and when carefully dried, it yields a cream-to-tan-colored free-flowing powder with high protein content and a bland taste.Gliadin and glutenin are two insoluble protein groups found in wheat protein. It is useful for the production of bread and noodles because wheat protein creates an elastic texture that allows for a high level of dough strength. Wheat protein is widely used in the food and beverage industries, primarily in sports foods, nutritional supplements, dairy, bakery, and confectionery. Tenderizing, whipping, and foaming are examples of these. Consumer perceptions of wheat-based protein combined with FDA approvals for use in food products lead to increased use in products for making cosmetics and food throughout the forecast period. Wheat Protein MarketTo know about the Research Methodology :- Request Free Sample Report In this report, the Wheat Protein market's growth reasons, as well as the market's many segments (Product Type, Form Type, Application, and Region), are discussed. Data has been given by market players, regions, and specific requirements. This market report includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis is presented in the form of statistics, infographics, and presentations. The study discusses the Wheat Protein market's Drivers, Restraints, Opportunities, and Challenges. The report helps to assess the market growth drivers and determines how to use these drivers as a tool. The report also helps to rectify and resolve issues related to the global Wheat Proteinmarket situation.

Wheat Protein Market Dynamics:

Wheat Protein is used in the various application Wheat protein provides exceptional functionality for a wide range of industries by providing a number of advantages.It has a wide range of applications including flour milling, bakery products, pasta, meat replacer, breakfast cereal, petfood, aquafeed, milk replacer, and many others.The flour miller or baker's adjustment of flour protein level is the most basic and still the most common application of wheat protein. Wheat protein provides exceptional functionality for a wide range of industries by providing a number of advantages.Wheat protein concentrates are popular as a sports nutrition supplement, particularly among bodybuilders and athletes in training.Growing consumer desire for a healthy lifestyle, which is connected with a number of health benefits, is a primary element impacting demand for wheat protein. Wheat Protein for Pet food and Aqua feed Global petfood markets have spread significantly in recent years. As a result, the demand for wheat protein has increased by about 5% annually over the last few years. Wheat protein has a higher protein level and functionality.Wheat protein is one of the most digestible protein sources for cats and dogs. When fed to pets, 99 percent of it is digested.It can be used in dry, moist, and semi-moist petfood as well as snacks and treats. Wheat protein when combined with other ingredients will provide excellent water-binding properties and texture in wet and semi-moist petfood. Wheat protein is available in powder or extruded form. Vegetable proteins provide a sustainable alternative to fishmeal. Wheat protein has excellent water-binding properties and nutritional properties in addition to being highly concentrated in protein (very high protein digestibility). Wheat protein has unique functional properties for aquafeed extruders.Wheat protein has a very interesting amino-acid profile for aquafeed due to its high glutamine content.Wheat protein is available in powder and pellet form (6-8 mm). Wheat protein demand growth in this market sector has been very strong in recent years, increasing by approximately 15%. Wheat Protein market growth is driven by growing Health and Wellness Trends Nowadays, People want to live healthy lives. Consumers' desire for plant-based diets is being driven by health and well-being concerns. Consumers' rising health awareness has raised the demand for food products that promote improved health, particularly reduced fat and cholesterol, protein-rich, and weight management products. As a result, the number of plant-based protein-containing food items has increased dramatically in recent years. Furthermore, the emergence of all-natural and clean label trends in the food and beverage industry is predicted to boost demand for natural ingredients like the wheat protein market over the forecast period. Factors Restraining the growth of the Wheat Protein market The availability of close substitutes may be the primary barrier to market growth. Plant-based proteins like soy protein, rice protein, pea protein, and others are replacing wheat protein since they have similar food content and health advantages. All of these protein sources have functional benefits similar to dough strength, moisture retention, and carving qualities.Soy protein is more popular as a replacement for animal meat proteins which reduces the demand for wheat protein.Furthermore, Gluten-free diets are also suggested by a number of celebrities which will boost the number of individuals to choose them. Significant health advantages associated with gluten-free goods, such as weight loss and a lower risk of cardiovascular disease, may slow wheat protein market growth even more during the forecast period.

Wheat Protein Market Segment Analysis:

By product type, Wheat gluten is anticipated to account for the largest share of the wheat protein market during the forecast period owing to its simple availability, high protein and mineral content, and binding qualities. Wheat gluten has gained a considerable market share in a variety of products including confectionery, bakery, dairy, nutritional supplements, and sports supplements. The hydrolyzed wheat protein segmentis also predicted to increase at the fastest CAGR throughout the forecast period. This segment's strong development may be due primarily to increased demand for plant-based nutritional products and technical improvements in personal care products. By Form, the dry segment dominated the global wheat protein market in 2020 owing to its great compatibility with various raw materials. The powder form is highly preferred in the manufacturing process because powder form is free of contamination, easily measurable, and has great performance. Furthermore, simplicity of transportation and storage as well as long shelf life are among the key factors expected to boost segment demand throughout the forecast period. By Application, the wheat protein market for cosmetics and personal care is expected to exceed USD 147 million by 2029. Market demand is being driven by a shift in customer preference for organic and herbal cosmetic products. Plant-based raw materials are in high demand in personal care applications due to their nutrient-rich advantages. Gluten concentrations are commonly utilized in the production of hair care and skin care products has increased the product demand. Changing consumer preferences for organic personal care products to avoid synthetic chemicals will drive market growth throughout the forecast period. The bakery and Snacks segment held a significant part of the global wheat protein market in 2020. Wheat protein demand in the baking sector is being driven by variables such as higher moisture content, enhanced water absorption, and end product softness. The changing lifestyle is contributing to an increase in the use of quick-bite food items such as snacks and confectionery items. Growing product adoption in the production of bread, pastries, rolls, cakes, and other bakery goods to meet customer demand will boost the market growth during the forecast period.

Regional Insights

The North American wheat protein market is expected to grow at the highest rate over the forecast period owing to the Busy lifestyles and hectic work schedules, particularly in the United States and Canada. Furthermore, the increasing consumption of RTE food products boosts regional growth. The changing dietary patterns have increased the use of vegan food products to achieve nutritional gains. Increased knowledge of health advantages among fitness-conscious consumers will boost demand for organic nutritional supplements with a high wheat protein content in this region. In Europe, the Wheat Protein market is expected to grow at a significant growth rate due to an increase in the consumption of healthy food products. France is expected to be a profitable market in the European region. The market in France is seeing considerable growth of roughly 5%with sales of US$ 104.5 Mn. Lifestyle changes and a lack of time have resulted in high consumption of functional foods in the country. The region's growth is also attributed to the rising demand for high-quality French bakery products. Bakery product manufacturers prefer wheat protein as an alternative to dairy and animal proteins when developing new products. However, the Heavy investments by the country's major market participants will help to boost the wheat protein market. The objective of the report is to present a comprehensive analysis of the Wheat Protein market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Wheat Protein market dynamics, and structure by analyzing the market segments and projectingthe Wheat Protein market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Wheat Protein market make the report investor’s guide.

Wheat Protein Market Scope: Inquire before buying

Wheat Protein Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 2.54 Bn.
Forecast Period 2023 to 2029 CAGR: 4.97 % Market Size in 2029: US $ 3.56 Bn.
Segments Covered: by product type Wheat gluten Wheat protein isolate Textured wheat protein Hydrolyzed wheat protein
by Form Dry Liquid
by Application Bakery & snacks Pet food Nutritional bars & drinks Processed meat Meat analogs Others (dairy products, cosmetics, pasta, and noodles)

Wheat Protein Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Key Players are:

1. Archer Daniels midland company 2. Cargill 3. Tereos 4. Roquette Frères 5 MGP 6 Kröner-Stärke 7.Manildra Group 8. BENEO 9. Royal Ingredients Group 10. Meelunie B.V. 11. Bryan W Nash & Sons 12. Aminola 13. SacchettoSpA 14. Costantino & C. spa 15. Dutch Organic International Trade 16. GC Ingredients Inc. 17. AminoSib 18. Blattmann Schweiz AG 19. KELISEMA 20. Glico Nutrition Co., Ltd. FAQs: 1. Which is the potential market for Wheat Protein in terms of the region? Ans. In the Europe region, an increase in the consumption of healthy food products is expected to drive the market. 2. What is expected to drive the growth of the Wheat Protein market in the forecast period? Ans. The growing health and Wellness Trends are boosting the market growth over the forecast period. 3. What is the projected market size & growth rate of the Wheat Protein Market? Ans. The Wheat Protein Market size was valued at US$ 2.54 Bn. in 2022 and the total Wheat Protein revenue is expected to grow at 4.97 % through 2023 to 2029, reaching nearly US$ 3.56 Bn. 4. What segments are covered in the Wheat Protein Market report? Ans. The segments covered are Product Type, Form Type, Application, and Region.
1. Global Wheat Protein Market: Research Methodology 2. Global Wheat Protein Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Wheat Protein Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Wheat Protein Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Wheat Protein Market Segmentation 4.1 Global Wheat Protein Market, by Application (2022-2029) • Bakery & snacks • Pet food • Nutritional bars & drinks • Processed meat • Meat analogs • Others (dairy products, cosmetics, pasta, and noodles) 4.2 Global Wheat Protein Market, by-product type (2022-2029) • Wheat gluten • Wheat protein isolate • Textured wheat protein • Hydrolyzed wheat protein 4.3 Global Wheat Protein Market, by Form (2022-2029) • Dry • Liquid 5. North America Wheat Protein Market(2022-2029) 5.1 North America Wheat Protein Market, by Application (2022-2029) • Bakery & snacks • Pet food • Nutritional bars & drinks • Processed meat • Meat analogs • Others (dairy products, cosmetics, pasta, and noodles) 5.2 North America Wheat Protein Market, by-product type (2022-2029) • Wheat gluten • Wheat protein isolate • Textured wheat protein • Hydrolyzed wheat protein 5.3 North America Wheat Protein Market, by Form (2022-2029) • Dry • Liquid 5.4 North America Wheat Protein Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Wheat Protein Market (2022-2029) 6.1. European Wheat Protein Market, by Application (2022-2029) 6.2. European Wheat Protein Market, by-product type (2022-2029) 6.3. European Wheat Protein Market, by Form (2022-2029) 6.4. European Wheat Protein Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Wheat Protein Market (2022-2029) 7.1. Asia Pacific Wheat Protein Market, by Application (2022-2029) 7.2. Asia Pacific Wheat Protein Market, by-product type (2022-2029) 7.3. Asia Pacific Wheat Protein Market, by Form (2022-2029) 7.4. Asia Pacific Wheat Protein Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Wheat Protein Market (2022-2029) 8.1 Middle East and Africa Wheat Protein Market, by Application (2022-2029) 8.2. Middle East and Africa Wheat Protein Market, by-product type (2022-2029) 8.3. Middle East and Africa Wheat Protein Market, by Form (2022-2029) 8.4. Middle East and Africa Wheat Protein Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Wheat Protein Market (2022-2029) 9.1. South America Wheat Protein Market, by Application (2022-2029) 9.2. South America Wheat Protein Market, by-product type (2022-2029) 9.3. South America Wheat Protein Market, by Form (2022-2029) 9.4 South America Wheat Protein Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Archer Daniels midland company 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Cargill 10.3 Tereos 10.4 Roquette Frères 10.5 MGP 10.6 Kröner-Stärke 10.7 Manildra Group 10.8 BENEO 10.9 Royal Ingredients Group 10.10 Meelunie B.V. 10.11 Bryan W Nash & Sons 10.12 Aminola 10.13 SacchettoSpA 10.14 Costantino & C. spa 10.15 Dutch Organic International Trade 10.16 GC Ingredients Inc. 10.17 AminoSib 10.18 Blattmann Schweiz AG 10.19 KELISEMA 10.20 Glico Nutrition Co., Ltd.
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