Wheat Protein Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.83 Billion |
| Market Size (2029) | USD 3.51 Billion |
| CAGR (2024 - 2029) | 4.45 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Wheat Protein Market Analysis
The Wheat Protein Market size is estimated at USD 2.83 billion in 2024, and is expected to reach USD 3.51 billion by 2029, growing at a CAGR of 4.45% during the forecast period (2024-2029).
- Increasing demand for plant-based nutrition diet along with a growing vegan population in emerging economies is driving the wheat protein market growth. Suring aging population, rising income level and increased urbanization is likely to fuel product demand.
- Technological advancements in the cosmetics industry and growing demand for natural and organic substitutes in countries like India and China are other factors driving the market.
Wheat Protein Market Trends
Growing Significance for Nutrition and Weight Management
Weight management has always been a problem among the population, but over the years it has turned into an epidemic. The level of obesity has doubled globally since 1980. In 2014 more than 1.9 billion adults were overweight and about 600 million were obese. In 2014, 41 million children under the age of 5 had a significant need for proper nutrition and weight management. This has immense scope in the future as most of the population is changing to a healthier lifestyle and consuming food with proper nutrition and managing one's weight is the key attribute to have this lifestyle. These market trends will positively impact the global wheat protein market.
North America Market Holds the Major Market Share
North America market holds the major market share in the wheat protein market, owing to the busy lifestyle and hectic work schedule mostly in the United States and Canada is boosting the consumption of RTE food products supporting regional growth. Europe market is anticipated to observe growing CAGR during the forecast period. Expanding product usage in biscuits, cakes, bread, and other bakery products is instigating the wheat protein market. Surging demand for plant-based food products owing to nutritional benefits fuelling the market growth. Germany France and UK are key countries contributing major revenue share owing to the improved adoption of organic products stimulating industry size.
Wheat Protein Industry Overview
Some of the major key players in the wheat protein market, globally includes Archer Daniels Midland Company, Cargill, Incorporated., Crespel & Deiters, Roquette Frères, CropEnergies AG, Manildra Group, Kroener Staerke, among others.
Wheat Protein Market Leaders
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GLICO NUTRITION CO.,LTD.
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Archer Daniels Midland Company
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Cargill, Incorporated.
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Roquette Frères
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MGP
*Disclaimer: Major Players sorted in no particular order
Wheat Protein Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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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 Porter's Five Force Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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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 Dairy
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5.2.2 Bakery
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5.2.3 Sports Food
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5.2.4 Confectionery
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5.2.5 Nutritional Supplements
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5.2.6 Animal Feed
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5.2.7 Others
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.1.4 Rest of North America
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5.3.2 Europe
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5.3.2.1 United Kingdom
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5.3.2.2 Germany
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5.3.2.3 France
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5.3.2.4 Russia
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5.3.2.5 Italy
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5.3.2.6 Spain
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5.3.2.7 Rest of Europe
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5.3.3 Asia Pacific
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5.3.3.1 India
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5.3.3.2 China
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5.3.3.3 Japan
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5.3.3.4 Australia
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5.3.3.5 Rest of Asia-Pacific
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle East & Africa
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5.3.5.1 South Africa
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5.3.5.2 Saudi Arabia
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5.3.5.3 Rest of Middle East & Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Archer Daniels Midland Company
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6.3.2 Cargill, Incorporated.
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6.3.3 Crespel & Deiters
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6.3.4 Roquette Freres
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6.3.5 Tereos Syrol
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6.3.6 MGP
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6.3.7 CropEnergies AG
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6.3.8 Kroener Staerke
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6.3.9 Manildra Group
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6.3.10 GLICO NUTRITION CO.,LTD
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Wheat Protein Industry Segmentation
Global wheat protein market is segmented by type and application. On the basis of type, the market is segmented intowheat gluten, wheat protein isolate, textured wheat protein, others. On the basis ofapplication, the market is segmented intodairy, bakery, sports food, confectionery, pet food, nutritional supplements, and others. On the basis of geography,the study provides an analysis of the wheat proteinmarket in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
| By Type | |
| Wheat Concentrate | |
| Wheat Protein Isolate | |
| Textured Wheat Protein |
| By Application | |
| Dairy | |
| Bakery | |
| Sports Food | |
| Confectionery | |
| Nutritional Supplements | |
| Animal Feed | |
| Others |
| Geography | |||||||||
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Wheat Protein Market Research FAQs
How big is the Wheat Protein Market?
The Wheat Protein Market size is expected to reach USD 2.83 billion in 2024 and grow at a CAGR of 4.45% to reach USD 3.51 billion by 2029.
What is the current Wheat Protein Market size?
In 2024, the Wheat Protein Market size is expected to reach USD 2.83 billion.
Who are the key players in Wheat Protein Market?
GLICO NUTRITION CO.,LTD., Archer Daniels Midland Company, Cargill, Incorporated., Roquette Frères and MGP are the major companies operating in the Wheat Protein Market.
Which is the fastest growing region in Wheat Protein Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Wheat Protein Market?
In 2024, the North America accounts for the largest market share in Wheat Protein Market.
What years does this Wheat Protein Market cover, and what was the market size in 2023?
In 2023, the Wheat Protein Market size was estimated at USD 2.70 billion. The report covers the Wheat Protein Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Wheat Protein Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Wheat Protein Industry Report
Statistics for the 2024 Wheat Protein market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 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.
