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Global Wheat Protein Market Size By Type (Wheat Gluten, Wheat Protein Isolate, Wheat Protein Concentrate), By Application (Bakery And Confectionery, Meat Products, Dairy Products), By Geographic Scope And Forecast


Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Wheat Protein Market Size By Type (Wheat Gluten, Wheat Protein Isolate, Wheat Protein Concentrate), By Application (Bakery And Confectionery, Meat Products, Dairy Products), By Geographic Scope And Forecast

Wheat Protein Market Size And Forecast

Wheat Protein Market size was valued at USD 2675.31 Million in 2024 and is projected to reach USD 3787.68 Million by 2031, growing at a CAGR of 4.90% from 2024 to 2031.

  • Wheat proteins are plant-based proteins generated mostly from the processing of wheat using various enzymes. When freshly extracted wet, it is known as vital wheat gluten, and when carefully dried, it produces a cream-to-tan-colored free-flowing powder with a high protein content and a bland taste.
  • Wheat protein is widely used in the food and beverage industries, particularly in sports foods, nutritional supplements, dairy products, baking, and confectionery. There are several instances, including tenderizing, whipping, and foaming. Consumer perceptions of wheat-based protein, together with FDA approval for use in food products, point to increased use in cosmetics and food products throughout the projected timeframe.
  • Wheat protein has outstanding possibilities for a wide range of sectors due to its numerous benefits. It is used in a variety of applications, including bread products, flour milling, meat replacement, pasta, aquafeed, morning cereal, milk replacement, and pet food. As a result, such a diverse set of applications for various end-use industries are expected to drive market expansion throughout the projection period.The wheat protein business is predicted to rise due to increased plant-based diet adoption and an increase in the number of people embracing vegan diets in developing economies. A growing senior population, rising income levels, and increased urbanization are all projected to drive up product demand.

Global Wheat Protein Market Dynamics

The key market dynamics that are shaping the global wheat protein market include

Key Market Drivers

  • Increasing Demand for Plant-Based ProteinsAs consumers become more aware of the health benefits of plant-based diets, demand for wheat protein rises as a sustainable and nutritious alternative to animal-derived proteins.
  • Expanding Food and Beverage IndustryRising demand for processed and convenience foods, together with the global expansion of the food and beverage industry, is driving the wheat protein market since it is widely used in a variety of food products.
  • Rising Health Consciousness A shift toward healthier lives and eating habits, combined with a greater emphasis on fitness and wellbeing, is driving demand for wheat protein-based products, particularly in sports nutrition and nutritional supplements.
  • Technological improvements in Production Continuous innovations and improvements in wheat protein extraction and processing technologies improve the quality and functionality of wheat protein products, stimulating market growth by expanding their variety and application scope.

Key Challenges

  • Price Volatility of Raw MaterialsThe wheat protein market has substantial hurdles as a result of wheat price volatility, which is driven by weather conditions, agricultural policy, and global supply-demand dynamics. Wheat prices fluctuate, affecting manufacturers’ production costs and profit margins, making it difficult to maintain constant pricing for wheat protein products.
  • Alternative ProteinsThe industry is extremely competitive, with soy, pea, and other plant-based proteins gaining prominence. These alternatives frequently have comparable or higher nutritional profiles and functional qualities, making it difficult for wheat protein to maintain its market dominance. Consumer preference trends toward non-wheat proteins due to dietary constraints and allergies add to the difficulty.
  • Allergen Concerns and Gluten Sensitivity Wheat protein is incompatible with celiac disease or gluten sensitivity, reducing its market base. The expanding knowledge and diagnosis of gluten-related illnesses has resulted in a growing demand for gluten-free products, offering a challenge to the wheat protein market. Manufacturers must handle these dietary constraints while emphasizing the benefits of wheat protein.
  • Regulatory and Labeling Issues The wheat protein market must adhere to severe regulatory norms and labeling regulations that vary by area. Ensuring compliance with these rules can be difficult and expensive for firms. Mislabeling or failure to fulfill regulatory standards can result in legal concerns, product recalls, and brand reputation harm, all of which pose substantial challenges to market participants.

Key Trends

  • Rising Demand for Plant-Based ProteinsAs more people switch to vegetarian and vegan diets, there is a greater preference for plant-based protein sources. Wheat protein is becoming more popular as an alternative to animal proteins due to its versatility and health benefits. This tendency is propelling the creation of novel plant-based food products, hence expanding the wheat protein market.
  • Health and Wellness FocusAs customers become more health conscious, the demand for high-protein and gluten-free goods grows. Wheat protein, which is known for its nutritious value, is being incorporated into a variety of health-conscious food and beverage products. This trend is especially prominent in sports nutrition and dietary supplements, where enough protein consumption is required.
  • Innovation in Food and Beverage IndustryContinuous innovation in the food and beverage industry is leading to the development of new and enhanced products containing wheat protein. Companies are creating gluten-free, high-protein, and functional meals to accommodate shifting customer tastes. This breakthrough expands the popularity and use of wheat protein in a variety of industries, including bakery, dairy, and meat alternatives.
  • Sustainability and Clean Label Products Consumers are increasingly looking for transparency in ingredient sourcing and manufacturing methods. Wheat protein fits nicely with these developments because of its plant-based origin and minimum processing requirements. Manufacturers are concentrating on sustainable practices and clean labeling to attract environmentally concerned customers, which is propelling the wheat protein market forward.

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Global Wheat Protein Market Regional Analysis

Here is a more detailed regional analysis of the global wheat protein market

North America

  • North America dominates the wheat protein market, owing to the region’s high demand for plant-based and health-focused dietary items. As people become more health conscious, there is a growing preference for protein-rich meals and beverages. Wheat protein, a rich source of plant-based protein, is becoming increasingly popular as an ingredient in a variety of culinary products, including meat substitutes, snacks, and baked goods.
  • The region’s well-established food processing industry contributes to North America’s dominant wheat protein market. Leading food producers and businesses in the United States and Canada are investing in the development and production of novel wheat protein products. This vast industrial base assures a consistent supply of high-quality wheat protein components to fulfill the different needs of customers.
  • Favorable regulatory regimes and strong support for agricultural practices help to drive industry expansion. The United States and Canada have strong agricultural sectors that generate high-quality wheat, ensuring a consistent raw material supply for wheat protein manufacturing. Government policies and activities that promote plant-based diets and sustainable food production help to fuel the industry.
  • Increased consumer awareness and demand for clean label and allergen-free products are driving growth in the North American wheat protein industry. Wheat protein, which is commonly utilized as a gluten substitute, caters to an increasing number of consumers who have dietary limitations or want gluten-free products. This development is consistent with the broader drive toward transparency in food labeling and natural ingredients, cementing North America’s leadership position in the wheat protein market.

Asia Pacific

  • Asia Pacific is the fastest growing wheat protein market due to its constantly increasing food and beverage industry. Growing urbanization and rising disposable incomes in nations such as China and India are fuelling demand for processed and convenience foods. Wheat protein, recognized for its versatility and health benefits, is becoming a popular ingredient in these products, helping to drive market expansion.
  • Another important factor is the region’s expanding consumer awareness of health and wellbeing. As more individuals choose healthier lifestyles and diets, there is an increasing appetite for protein-rich foods, especially wheat protein. This shift towards healthier eating patterns is driving up demand for wheat protein-based products in Asia Pacific.
  • The growing vegan and vegetarian population in Asia-Pacific is driving the wheat protein industry. Wheat protein is emerging as a viable alternative to animal-based protein sources as more customers seek them out. The growing popularity of plant-based diets, together with the development of innovative plant-based food products, is propelling market expansion.
  • The region’s strong agriculture sector also plays an important role. Countries in Asia Pacific are important wheat producers, ensuring a consistent supply of raw materials for wheat protein manufacturing. This local availability lowers production costs and promotes the creation of a robust wheat protein manufacturing industry, hence speeding market expansion.

Global Wheat Protein MarketSegmentation Analysis

The Global Wheat Protein Market is Segmented on the basis of Type, Application, And Geography.

Wheat Protein Market, By Type

  • Wheat Gluten
  • Wheat Protein Isolate
  • Wheat Protein Concentrate
  • Hydrolyzed Wheat Protein
  • Textured Wheat Protein (TWP)

Based on Type, the market is bifurcated into Wheat Gluten, Wheat Protein Isolate, Wheat Protein Concentrate, Hydrolyzed Wheat Protein, and Textured Wheat Protein (TWP).Wheat gluten dominates the wheat protein market because of its widespread use in the food industry, particularly in bakery items, and its outstanding binding and elasticity qualities. Its high protein content and physiological properties make it a popular ingredient in many processed foods. Furthermore, wheat gluten’s adaptability in non-food uses, such as animal feed and pet food, drives up demand. This diverse set of applications leads to its leading market position.

Wheat Protein Market, By Application

  • Bakery & Confectionery
  • Meat Products
  • Dairy Products
  • Sports Nutrition & Dietary Supplements
  • Drinks
  • Animal Feed

Based on Application, the market is segmented into Bakery and Confectionery, Meat Products, Dairy Products, Sports Nutrition, and Dietary Supplements, Drinks, and Animal Feed.The bakery and confectionery industry dominate the wheat protein market due to strong demand for wheat protein’s functional qualities, such as dough elasticity and texture enhancement, which are essential in baking. Wheat protein enhances the structural integrity and quality of baked goods, making it a popular component in bread, cakes, pastries, and other confectionery products. Furthermore, the growing customer preference for high-protein, gluten-free baked goods has increased demand in this category. This application segment’s supremacy is also due to ongoing innovation and the development of new bread products.

Wheat Protein Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of regional analysis, the Global Wheat Protein Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America dominates the wheat protein market due to its well-established food and beverage sector and strong customer demand for protein-enriched and plant-based goods. The region’s superior agricultural practices ensure a consistent supply of high-quality wheat, which boosts wheat protein output. Furthermore, increasing consumer health consciousness, as well as the popularity of sports nutrition and dietary supplements, are driving market expansion in North America.

 Key Players

The “Global Wheat Protein Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Archer Daniels Midland Company, Cargill, Incorporated, Ingredion Incorporated, Roquette Frères, MGP Ingredients, Inc., Südzucker AG, Manildra Group, and Ingredi. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Wheat Protein Market Recent Developments

  • In January 2023 Amber Wave began operations at North America’s largest wheat protein production, following an investment from Summit Agricultural Group. The company produces AmberPro™ Vital Wheat Gluten, which is a domestic gluten source for industries such as commercial bakers, food ingredient plants, alternative meat manufacturers, pet food processors, and specialty feed companies.
  • In November 2022, Crespel & Deiters Group expanded their textured vegetable protein portfolio with the addition of a new wheat protein texture.
  • In April 2022, ADM invested $300 million to increase its alternative plant-protein production capacity in Illinois.
  • In February 2022, MGP Ingredients announced plans to develop a new textured protein production facility in response to increased demand for plant-based meat.
  • In January 2021, According to the definitive agreement announced MGP Ingredients, Inc., a leading manufacturer of high-quality distilled spirits and specialized wheat proteins and starches, will complete the acquisition of Luxco, Inc. and its connected firms. Luxco, with over 60 years of business experience, stood out as a top-tier branded beverage and alcohol company across multiple categories. The acquisition was a crucial step in MGP Ingredients, Inc.’s strategic expansion within the industry.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Archer Daniels Midland Company, Cargill, Incorporated, Ingredion Incorporated, Roquette Frères, MGP Ingredients, Inc., Südzucker AG, Manildra Group, and Ingredi

SEGMENTS COVERED
  • By Type,
  • By Application
  • By Geography
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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