Global Wheat Protein Market Size, Trends, and Growth Opportunity, By Product (Wheat Gluten, Wheat Protein Isolate, Textured Wheat Protein, and Hydrolysed Wheat Protein), By Protein Concentration (75% Protein Concentration, 80% Protein Concentration, and 95% Protein Concentration), By Application (Dairy, Bakery & Confectionery, Nutritional Supplements, and Animal Feed), and By Form (Dry and Liquid), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Wheat Protein Market
The Global Wheat Protein Market was valued at USD 2.4 billion in 2021 and is expected to reach USD 3.3 billion by 2027, at a CAGR of 4.05% from 2022-2027.
Wheat proteins are plant-based proteins that are a type of insoluble functional protein. It is a mixture of proteins isolated from whey that consists of β-lactoglobulin, lactalbumin, serum albumin & immunoglobulins.
Wheat protein comprises 2 insoluble protein groups namely glutenin & gliadin. It is consumed to meet the required number of proteins & amino acids in the body to support muscle development and boost immunity.
Market Drivers
The increasing personal disposable income & growing consumer awareness towards plant-based nutrition is the major factor fostering the growth of the wheat protein market. Changing lifestyles, westernization, rising awareness about the availability of both naturally & synthetically produced wheat proteins in developing countries, and growing health consciousness among the people are acting as market growth determinants.
Furthermore, technological advancements in the cosmetics industry and increasing demand for natural and organic substitutes in many countries are other factors driving the market.
Market Restraints
Various side effects on health associated with the high consumption of protein powders shall pose a major challenge to the growth of the wheat protein market. Fluctuations in the prices of raw materials & supply chain disruptions will further restrict the growth of the market.
Market Segmentation
The global wheat protein market is segmented into product, protein concentration, form, application, and region.
Based on product, the global wheat protein market is segmented into wheat gluten, wheat protein isolate, textured wheat protein, and hydrolyzed wheat protein.
Further, based on application, the market is segmented into dairy, bakery & confectionery, nutritional supplements, animal feed, and others.
Regional Analysis
The global wheat protein market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the wheat protein north market and will continue to flourish its trend of dominance during the forecast period of 2027, owing to the well-established food production chain & availability of the best manufacturing facilities.
The Asia-Pacific region is set to register a high growth rate and score the highest CAGR owing to the rising awareness about maintaining good health, rising westernization, changing lifestyle, and increasing personal disposable income.
Key Players
Various key players are discussed in the global wheat protein market report including Grana, ADM, Cargill, Incorporated., AGRANA Beteiligungs-AG, MGP, Manildra Group, Roquette Frères, GLICO NUTRITION CO., LTD., Kröner -Starke GmbH, TEREOS, Crespel & Deiters Group, CropEnergies AG, Nutra Healthcare, AsterlifeSciences, and Others.
For instance, in August 2021, Summit Ag along with its portfolio company named Summit Sustainable Ingredients established a wheat protein manufacturing facility worth USD$ 200 million to be built near Prairie Horizon Agri-Energy. The facility is expected to start its operations by 2023 which shall expand the production capacity of wheat protein to nearly double in North America.
Market Taxonomy
By Product
• Wheat Gluten
• Wheat Protein Isolate
• Textured Wheat Protein
• Hydrolysed Wheat Protein
By Protein Concentration
• 75% Protein Concentration
• 80% Protein Concentration
• 95% Protein Concentration
By Form
• Dry
• Liquid
By Application
• Dairy
• Bakery & Confectionery
• Nutritional Supplements
• Animal Feed
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Wheat Protein Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Wheat Protein Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Wheat Protein Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Wheat Protein Market Share Analysis, By Product
5.3 Global Wheat Protein Market Size and Forecast, By Product
5.3.1 Wheat Gluten
5.3.2 Wheat Protein Isolate
5.3.3 Textured Wheat Protein
5.3.4 Hydrolyzed Wheat Protein
6 Global Wheat Protein Market, By Protein Concentration
6.1 Y-o-Y Growth Comparison, By Protein Concentration
6.2 Global Wheat Protein Market Share Analysis, By Protein Concentration
6.3 Global Wheat Protein Market Size and Forecast, By Protein Concentration
6.3.1 75% Protein Concentration
6.3.2 80% Protein Concentration
6.3.3 95% Protein Concentration
7 Global Wheat Protein Market, By Form
7.1 Y-o-Y Growth Comparison, By Product
7.2 Global Wheat Protein Market Share Analysis, By Product
7.3 Global Wheat Protein Market Size and Forecast, By Product
7.3.1 Dry
7.3.2 Liquid
8 Global Wheat Protein Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Wheat Protein Market Share Analysis, By Application
8.3 Global Wheat Protein Market Size and Forecast, By Application
8.3.1 Dairy
8.3.2 Bakery & Confectionery
8.3.3 Nutritional Supplements
8.3.4 Animal Feed
9 Global Wheat Protein Market, By Region
9.1 Global Wheat Protein Market Share Analysis, By Region
9.2 Global Wheat Protein Market Share Analysis, By Region
9.3 Global Wheat Protein Market Size and Forecast, By Region
10 North America Wheat Protein Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Wheat Protein Market Share Analysis, By Product
10.3 North America Wheat Protein Market Size and Forecast, By Protein Concentration
10.4 North America Wheat Protein Market Size and Forecast, By Form
10.5 North America Wheat Protein Market Size and Forecast, By Application
10.6 North America Wheat Protein Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Wheat Protein Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Wheat Protein Market Share Analysis, By Product
11.3 Europe Wheat Protein Market Size and Forecast, By Protein Concentration
11.4 Europe Wheat Protein Market Size and Forecast, By Form
11.5 Europe Wheat Protein Market Size and Forecast, By Application
11.5 Europe Wheat Protein Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Wheat Protein Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Wheat Protein Market Share Analysis, By Product
12.3 Asia Pacific Wheat Protein Market Size and Forecast, By Protein Concentration
12.4 Asia Pacific Wheat Protein Market Size and Forecast, By Form
12.5 Asia Pacific Wheat Protein Market Size and Forecast, By Application
12.6 Asia Pacific Wheat Protein Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Wheat Protein Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Wheat Protein Market Share Analysis, By Product
13.3 Latin America Wheat Protein Market Size and Forecast, By Protein Concentration
13.4 Latin America Wheat Protein Market Size and Forecast, By Form
13.5 Latin America Wheat Protein Market Size and Forecast, By Application
13.6 Latin America Wheat Protein Market Size and Forecast, Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Wheat Protein Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Wheat Protein Market Share Analysis, By Product
14.3 Middle East Wheat Protein Market Size and Forecast, By Protein Concentration
14.4 Middle East Wheat Protein Market Size and Forecast, By Form
14.5 Middle East Wheat Protein Market Size and Forecast, By Application
14.6 Middle East Wheat Protein Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Grana
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Cargill, Incorporated.
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 AGRANA Beteiligungs-AG
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 MGP
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Manildra Group
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Roquette Frères
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 GLICO NUTRITION CO., LTD.
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Kröner -Starke GmbH
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 TEREOS
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Crespel & Deiters Group
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
