Wheat Protein Market

Analysis from GMI Research finds that the Wheat Protein Market earned revenues of USD 2,558 million in 2022 and forecast to touch USD 3,448 million in 2030 will grow at a CAGR of 3.8% from 2023-2030.

Wheat Protein Market Overview

Wheat protein refers to plant-based proteins which are extracted by processing wheat through different enzymes. These proteins are a type of insoluble functional proteins which possesses unique visco-elastic characteristic and higher elasticity. The global wheat protein market covers different types of products such as wheat gluten, wheat protein isolate, textured wheat protein, and hydrolyzed wheat protein.

To have an edge over the competition by knowing the market dynamics and current trends of “Wheat Protein Market”, request for Sample Report here

Major Wheat Protein Market Drivers

The factors that are contributing to the growth of the global wheat protein market includes the increasing demand for bakery products and the rising popularity of plant-based foods. The wheat protein is considered an alternative for non-animal protein among vegans as it offers nutritional benefits for lactose-intolerant consumers. Individuals suffering from lactose intolerance can digest whey protein isolates without any severe repercussions. The wheat protein has functions such as film formation, whipping, foaming, adhesion, tenderizing, and structure enhancement. Moreover, the growing prevalence of obesity around the world is further increasing the demand for wheat protein as they have fewer calories, thus helping in reducing weight. Bodybuilders and sportsmen are consuming wheat protein for gaining muscles and improving their strength. The emergence of the COVID-19 has further encouraged people to opt for high-protein and healthy food products. This is further contributing to the market growth over the coming years.

Restraint in the Wheat Protein Market

The restricted supply of wheat for the extraction of the protein is likely to hamper the market growth over the coming years.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Application – Segment Analysis

Based on the application, the pet food is expected to grow at a higher CAGR during the forecast period. This is mainly due to the rising expenditure on pet food products followed by pet humanization in Indian and the U.S. The significant shift in consumer preference towards meat consumption is further driving the market growth. This has surged the demand for plant-based alternatives such as wheat protein.

Product – Segment Analysis

Based on the product, the wheat gluten is projected to grow at a faster CAGR during the forecast period. The various functionalities of wheat gluten, including texturing, foaming, emulsification, viscoelasticity, among others, have increased its application in bakery products. It is considered an ideal substitute for consumers looking for vegetarian food products.

Form – Segment Analysis

Based on the form, the dry segment is projected to grow at a higher CAGR during the forecast period. The dry form of processing of protein is increasingly used to produce wheat protein isolates. It includes dry milling technology, which is used to decrease the particle size of the raw material into fine particles.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

Based on the region, Asia-Pacific is expected to dominate the market during the forecast period. The growing awareness related to healthy food products and the improving lifestyle of the consumers is the two major factors that are surging the regional market growth. Moreover, the growing demand for wheat-based protein, especially in India, China, Indonesia, and other countries, is further driving the market growth. In addition to this, the increasing geriatric population and the changing climate condition and increasing skin-related problems has allowed increasing the usage of hydrolyzed wheat protein in cosmetic products.

Top Market Players

Various notable players operating in the market include ADM, Cargill, Incorporated, Agrana, MGP, Manilda Group, Roquette Frères, GLICO NUTRITION CO., LTD. Al., Crespel & Deiters Group, Tereos Syrol, and CropEnergies, among others. 

Key Developments:

• • In 2020, ADM introduced Prolite MeatTEX textured wheat protein and Prolite MeatXT non-textured wheat protein, which contribute meat-like texture to meat and seafood alternative products.
  • In 2020, MGP launched the ProTerra line of textured proteins. It is especially suited for use in vegetarian/vegan applications as well as in blended products as an alternative for meat.
  • In 2019, Agrana inaugurated its new wheat starch processing plant in Austria. Through this, the company aims to increase its production capacity.

Segments covered in the Report:

The global Wheat Protein market has been segmented on the basis of Application, Form, Product, and regions. Based on Application, the market is segmented into Bakery & Snacks, Pet Food, Nutritional Bar & Drinks, Processed Meat, Meat Analog, and Others. Based on Form, the market is segmented into Dry and Liquid. Based on Product, the market is segmented into Wheat Gluten, Wheat Protein Isolate, Textured Wheat Protein, and Hydrolysed Wheat Protein. 

For detailed scope of the “Wheat Protein Market” report request a Sample Copy of the report

Market Segmentation

Global Wheat Protein Market by Application

• • Bakery & Snacks
  • Pet Food
  • Nutritional Bar & Drinks
  • Processed Meat
  • Meat Analog
  • Others

Global Wheat Protein Market by Form

• • Dry
  • Liquid

Global Wheat Protein Market by Product

• • Wheat Gluten
  • Wheat Protein Isolate
  • Textured Wheat Protein
  • Hydrolysed Wheat Protein

Global Wheat Protein Market by Region

• • North America Wheat Protein Market (Option 1: As a part of the free 25% customization)

    • By Application
    • By Form
    • By Product
    • US Market All-Up
    • Canada Market All-Up

  • Europe Wheat Protein Market (Option 2: As a part of the free 25% customization)

    • By Application
    • By Form
    • By Product
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Wheat Protein Market (Option 3: As a part of the free 25% customization)

    • By Application
    • By Form
    • By Product
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Wheat Protein Market (Option 4: As a part of the free 25% customization)

    • By Application
    • By Form
    • By Product
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Wheat Protein (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • ADM
  • Cargill, Incorporated
  • Agrana
  • MGP
  • Manilda Group
  • Roquette Frères
  • GLICO NUTRITION CO., LTD. Al.
  • Crespel & Deiters Group
  • Tereos Syrol
  • CropEnergies