Wheat Protein Market Forecasts to 2028 – Global Analysis By Product (General Grade Product, Optimal Grade Product and Sub-Optimal Grade Product), Nature (Conventional and Organic), Form, Concentration, Function, Type, Application and By Geography
According to Stratistics MRC, the Global Wheat Protein Market is accounted for $2.29 billion in 2020 and is expected to reach $3.93 billion by 2028 growing at a CAGR of 7.0% during the forecast period. Increase in consumption of plant-based protein diets, drift in consumer preference for meat analogs and growth in applications of wheat protein in varied end-user industries are driving the market growth. However, rise in discussion on gluten-intolerance and gluten-free diets is hampering the growth of the market.
Wheat proteins are the proteins which are extracted from wheat. The extraction of proteins from wheat undergoes several processes such as the separation of SDS-insoluble protein fractions, fractionation of SDS-insoluble protein fractions, gel filtration, removal of sodium dodecyl sulphate (SDS), and various others.
Based on the type, the wheat gluten segment is going to have lucrative growth during the forecast period due to the broad range of functionalities of wheat gluten such as foaming, emulsification, viscoelasticity, texturing, and binding leads to its wide-scale usage in bakery products. By geography, Asia Pacific is going to have high growth during the forecast period due to increased demand for meat-free diets and a shift in consumer preference for healthy food options.
Some of the key players profiled in the Wheat Protein Market include Aminola, AminoSib, BENEO, Blattmann Schweiz AG, Bryan W Nash & Sons Ltd, Cargill Incorporated, Costantino & C. spa, Dutch Organic International Trade, GC Ingredients Inc., Glico Nutrition Co., Ltd., KELISEMA, Kröner-Stärke, Manildra Group USA, Meelunie B.V. and MGP.
Estimated Market Size in 2020:
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
Tables, Graphs& Figures
Product, Nature, Form, Concentration, Function, Type, Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• General Grade Product
• Optimal Grade Product
• Sub-Optimal Grade Product
• 75% Concentration
• 85% Concentration
• 95% Concentration
• Adhesion and Extensibility
• Hydrolyzed Wheat Protein
• Textured Wheat Protein
• Wheat Concentrate
• Wheat Gluten
• Wheat Protein Isolate
• Animal Feed
• Sports Nutrition & Weight Management
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Wheat Protein Market is majorly driven by increase in consumption of plant-based protein diets, drift in consumer preference for meat analogs and growth in applications of wheat protein in varied end-user industries.
The dry segment is growing at a highest CAGR as they are the most prevalent forms of wheat protein preferred by manufacturers due to various benefits, including better stability and ease of handling & better storage conditions as compared to liquid forms.
Europe dominated with a significant market share due to the factors such as growing investments by major players in the bakery industry, growing trend of vegan diets, and abundant availability raw materials.
Asia Pacific market is growing at a highest CAGR owing to increased demand for meat-free diets and a shift in consumer preference for healthy food options.
Key players in Wheat Protein Market include Aminola, AminoSib, BENEO, Blattmann Schweiz AG, Bryan W Nash & Sons Ltd, Cargill Incorporated, Costantino & C. spa, Dutch Organic International Trade, GC Ingredients Inc., Glico Nutrition Co., Ltd., KELISEMA, Kröner-Stärke, Manildra Group USA, Meelunie B.V. and MGP.
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