North America Wheat Protein Market Size
| 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 |
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.
North America Wheat Protein Market Trends
This section covers the major market trends shaping the North America Wheat Protein Market according to our research experts:
Growing Demand For Plant Derived Ingredients
The unceasing innovation and developments in the protein market have been tapping the emerging food and beverage industries. Plant-derived vegan proteins in the food ingredients market have emerged as a boon for businesses dedicating operations for vegan products. Moreover, the rising vegan population in the region remains the primary factor boosting the market studied. Underlying concerns about animal welfare majorly influences consumers to switch to a proclaimed healthier diet, as does the longing for people to manage their weight. This scenario welcomes progressive food product launches, eventually uplifting the demand for cruelty-free natural food colorants, preservatives, and other ingredients.
United States Holds A Prominent Share in The Market
The demand for plant proteins is growing at a fast rate in the country, owing to change in lifestyle, lack of balanced dietary intake, and improved R&D, in order to develop new kinds of plant-protein enriched products. The United States continues to capture the largest market share for wheat protein. The demand for processed and low cholesterol foods has paved the way for the plant-based protein market, in the region. Nowadays, consumers are switching to other alternative products, such as green label food products, coupled with raising awareness of healthy and plant-based products, due to an increase in the availability of counterfeit products in the market. This innovative product line of ready-to-eat products with no compromise in taste and texture has, in turn, boosted the wheat protein market.
North America Wheat Protein Industry Overview
North America wheat protein market is a growing market with the presence of various players in the market. With the growing popularity of plant-based foods, players are developing products specific to various applications. The major players in the market are Archer Daniels Midland Company, Cargill, Incorporated., Crespel & Deiters, and Roquette Frères, among others.
North America Wheat Protein Market Leaders
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ADM
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Cargill, Incorporated
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Roquette Frères
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Tereos S.A
*Disclaimer: Major Players sorted in no particular order
North America Wheat Protein Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Research Phases
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1.2 Study Deliverables
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Industry Attractiveness - Porter's Five Forces Analysis
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4.3.1 Bargaining Power of Suppliers
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4.3.2 Bargaining Power of Consumers
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4.3.3 Threat of New Entrants
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4.3.4 Threat of Substitute Products
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4.3.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Wheat Concentrate
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5.1.2 Wheat Protein Isolate
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5.1.3 Textured Wheat Protein
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5.2 By Application
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5.2.1 Bakery and Confectionery
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5.2.2 Dairy Products
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5.2.3 Nutritional Supplements
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5.2.4 Others
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5.3 Geography
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5.3.1 United States
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5.3.2 Canada
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5.3.3 Mexico
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5.3.4 Rest of North America
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6. COMPETITIVE LANDSCAPE
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6.1 Strategies adopted by Key players
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6.2 Most Active Companies
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6.3 Market Position Analysis
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6.4 Company Profiles
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6.4.1 The Archer Daniels Midland Company
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6.4.2 Cargill Incorporated
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6.4.3 Roquette Freres
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6.4.4 Tereos SA
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6.4.5 MGP
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6.4.6 Crespel & Deiters
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6.4.7 GLICO NUTRITION CO. LTD
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6.4.8 Manildra Group
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Wheat Protein Industry Segmentation
North America wheat protein market is segmented by type (wheat concentrate, wheat protein isolate, and textured wheat protein), by application (bakery and confectionery, dairy products, nutritional supplements, and others), and geography.
| By Type | |
| Wheat Concentrate | |
| Wheat Protein Isolate | |
| Textured Wheat Protein |
| By Application | |
| Bakery and Confectionery | |
| Dairy Products | |
| Nutritional Supplements | |
| Others |
| Geography | |
| United States | |
| Canada | |
| Mexico | |
| Rest of North America |
North America Wheat Protein Market Research FAQs
What is the current North America Wheat Protein Market size?
The North America Wheat Protein Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)
Who are the key players in North America Wheat Protein Market?
ADM, Cargill, Incorporated, Roquette Frères and Tereos S.A are the major companies operating in the North America Wheat Protein Market.
What years does this North America Wheat Protein Market cover?
The report covers the North America Wheat Protein Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Wheat Protein Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Wheat Protein Industry Report
Statistics for the 2024 North America Wheat Protein market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Wheat Protein analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
