Wheat Protein Market by Form (Dry, Liquid), Product (Hydrolyzed Wheat Protein, Textured Wheat Protein, Wheat Gluten), Concentration, Application - Global Forecast 2024-2030

Wheat Protein Market by Form (Dry, Liquid), Product (Hydrolyzed Wheat Protein, Textured Wheat Protein, Wheat Gluten), Concentration, Application - Global Forecast 2024-2030

The Wheat Protein Market size was estimated at USD 2.58 billion in 2023 and expected to reach USD 2.74 billion in 2024, at a CAGR 6.52% to reach USD 4.02 billion by 2030.

Global Wheat Protein Market

Wheat protein, often recognized under gluten, wheat gluten, or wheat protein isolate, is a high-quality plant protein primarily extracted and purified from the endosperm of wheat grains. It constitutes the core by-products derived from the processing and refinement of wheat. Wheat protein is composed mainly of two kinds of proteins: gliadins and glutenins. When combined with water, these two elements create a network of bonds, yielding a robust and elastic material known as gluten. Wheat protein is utilized across various sectors due to its high protein content and versatile functional properties. It encounters extensive application in the food and beverage industry, especially in bakery products, breakfast cereals, and nutritional bars, for its visco-elastic properties. Industries such as cosmetics and animal feed also harness the use of wheat protein, given its beneficial attributes.Additionally, as a rich source of plant-based protein, wheat protein is increasingly incorporated in meat substitute products, contributing to the booming growth of the vegetarian and vegan market sectors. Several factors fuel the expansion of the global wheat protein market intricately linked to developments in the food and beverage industry. Rapid shift towards vegan and vegetarian diets, increasing health concerns among consumers, and focus on the high nutritional value of food contributes to the expansion of the wheat protein market. However, the prevalence of celiac disease and gluten sensitivity and volatility in prices of wheat used to extract proteins present a challenge to this market's growth. On the other hand, technological advancements in the extraction of wheat protein and expanding adaption of wheat protein in the pet food industry are opening new avenues of application for the market in the coming years.

Regional Insights

The wheat protein market is evolving in the Americas owing to the surge in wheat protein and the application of wheat proteins to produce nutritional products. The rapid expansion of the food & beverage industries and increasing use to improve the food & beverage nutritional and textural properties are facilitating the use of wheat proteins in the APAC region. Additionally, the high vegetarian population of India contributes to the expanding adoption of wheat protein as an alternative source of protein. Raising awareness about health benefits and a shift toward plant-based proteins are accelerating the consumption of wheat proteins by the EMEA population. Additionally, the growing focus of nations worldwide to increase wheat production and rising use in fitness products are creating significant potential for the growth of the wheat protein market. The increase in R&D activities for the efficient extraction of wheat proteins and the expansion of their applications in various end-use sectors are expected to encourage the growth of the wheat protein market worldwide.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Wheat Protein Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Wheat Protein Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Wheat Protein Market, highlighting leading vendors and their innovative profiles. These include A. Costantino & C. SpA, Agridient B.V., Amber Wave, Aminola B.V., Archer Daniels Midland Company, Axiom Foods, Inc., BASF SE, Cargill, Incorporated, Crespel & Deiters GmbH & Co. KG, CropEnergies AG, Glico Nutrition Co., Ltd., Henan Tianguan Group Co., Ltd., Ingredion Incorporated, Kerry Group plc, Kröner-Stärke GmbH., Lantmännen Group, Manildra Flour Mills Pty. Ltd., Meelunie B.V., MGP Processing, Inc., PureField Ingredients, Purenso Select, Roquette Frères, Sedamyl SpA, Tate & Lyle PLC, Tereos Group, and The Agrana Group.

Market Segmentation & Coverage

This research report categorizes the Wheat Protein Market to forecast the revenues and analyze trends in each of the following sub-markets:

Form
Dry
Liquid
Product
Hydrolyzed Wheat Protein
Textured Wheat Protein
Wheat Gluten
Wheat protein concentrate
Wheat Protein Isolate
Concentration
75% Concentration
80% Concentration
95% Concentration
Application
Bakery & Snacks
Cosmetics
Meat Analogs
Nutritional Bars & Drinks
Pet Food
Pharmaceuticals
Processed Meat
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Wheat Protein Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Wheat Protein Market?
3. What are the technology trends and regulatory frameworks in the Wheat Protein Market?
4. What is the market share of the leading vendors in the Wheat Protein Market?
5. Which modes and strategic moves are suitable for entering the Wheat Protein Market?

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