Global Wheat Protein Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Wheat Protein Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Wheat Concentrate, Wheat Protein Isolate, and Textured Wheat Protein), Application (Dairy, Bakery, Sports Food, Confectionery, Nutritional Supplements, Animal Feed, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Wheat Protein Market was valued at USD 2,908.8 million in 2023 and is expected to reach USD 4,264.9 million by 2031 while growing at a CAGR of 4.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global wheat protein market growth. Wheat protein, sourced from the wheat kernel, is a plant-based option widely employed in the food industry for its distinctive functional characteristics. It comprises gluten proteins and non-gluten proteins.
Increasing consumer preference for plant-based proteins, rising health consciousness, and a demand for clean label products drive the growth of the wheat protein market. However, obstacles such as gluten sensitivity, allergies, and competition from other plant-based proteins may hinder market expansion.
Furthermore, the global wheat protein industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Wheat Protein Market is segmented among Wheat Concentrate, Wheat Protein Isolate, and Textured Wheat Protein, based on Type. In 2023, Wheat Protein Isolate accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Wheat Protein Market is segmented among Dairy, Bakery, Sports Food, Confectionery, Nutritional Supplements, Animal Feed, and Others, based on Application. In 2023, Bakery accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Wheat Protein Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Archer Daniels Midland Company, Cargill, Incorporated., Crespel & Deiters, Roquette Freres, Tereos Syrol, MGP, CropEnergies AG, Kroener Staerke, Manildra Group, and Glico Nutrition Co, Ltd.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Wheat Protein Market Dynamics
Drivers
Restraints
Opportunity
4. Global Wheat Protein Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Wheat Protein Market Segmentation, By Type
Global Wheat Protein Market Share Analysis, By Type
Global Wheat Protein Market Growth Analysis, By Type
Global Wheat Protein Market Trends, By Type
o Wheat Concentrate
o Wheat Protein Isolate
o Textured Wheat Protein
6. Global Wheat Protein Market Segmentation, By Application
Global Wheat Protein Market Share Analysis, By Application
Global Wheat Protein Market Growth Analysis, By Application
Global Wheat Protein Market Trends, By Application
o Dairy
o Bakery
o Sports Food
o Confectionery
o Nutritional Supplements
o Animal Feed
o Others
7. Global Wheat Protein Market Segmentation, By Region
Global Wheat Protein Market Share Analysis, By Region
Global Wheat Protein Market Growth Analysis, By Region
Global Wheat Protein Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Archer Daniels Midland Company*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Cargill, Incorporated.
Crespel & Deiters
Roquette Freres
Tereos Syrol
MGP
CropEnergies AG
Kroener Staerke
Manildra Group
Glico nutrition co. Ltd
*Similar analysis will be provided for each company listed above.
