Wheat Protein Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
The global wheat protein market was estimated to be US$ 2.51 Billion in 2022 and is expected to grow at a CAGR of 5.3% between 2023 to 2032.
Wheat protein, also known as wheat gluten, is a type of plant-based protein that is extracted from wheat flour. It is a mixture of two types of proteins - glutenin and gliadin - that are found in the endosperm of wheat kernels. Wheat protein is widely used in the food industry as an ingredient in baked goods, pasta, meat substitutes, and other processed foods.
It is also used in the production of animal feed, pharmaceuticals, and cosmetics. Wheat protein is considered a high-quality protein source, as it contains all of the essential amino acids required by the human body. However, it may cause allergic reactions in some people, especially those with celiac disease or gluten intolerance.
Wheat Protein Market Drivers
Growing demand for plant-based proteins is driving market growth
Wheat protein, also known as wheat gluten, is a plant-based protein extracted from wheat flour. The global wheat protein market is driven by several factors, such as the growing demand for plant-based proteins, rising health awareness, increasing applications in the food and beverage industry, the demand for animal feed, and technological advancements.
The trend towards plant-based diets is driving the demand for wheat protein as an alternative to animal-based proteins. The health benefits of wheat protein, which is low in fat, high in fiber, and contains all essential amino acids, are also attracting health-conscious consumers.
Additionally, technological advancements in processing have led to the production of high-quality wheat protein, making it suitable for various industries.
Wheat protein's versatile nature makes it an ideal ingredient in the food and beverage industry. It can improve the texture, nutritional value, and shelf life of food products, and is widely used in bakery products, pasta, breakfast cereals, and snack foods. The demand for high-quality animal feed is increasing as animal owners become more conscious of their animals' health and well-being.
Wheat protein is an excellent source of protein for animals and helps improve their growth, health, and productivity. Technological advancements have enabled the production of high-quality wheat protein with improved functional properties, such as reduced allergenicity, expanding its application in various industries.
The global wheat protein market is expected to grow in the coming years, driven by these factors.
Product Type segmentation of Global Wheat Protein Market
Textured wheat protein is the fastest-growing segment in this market
Based on type of product the market is segmented into Wheat Gluten, Wheat Protein Isolate, Textured Wheat Protein, and Hydrolyzed Wheat Protein.
Among these, the largest segment is wheat gluten. Wheat gluten is a complex mixture of proteins found in wheat and is widely used in various food applications such as bread, pasta, and other bakery products. It is also used as a meat substitute in vegetarian and vegan food products.
The demand for wheat gluten is increasing due to its unique functional properties, such as its ability to improve the texture and nutritional value of food products.
While, the fastest-growing segment is textured wheat protein. Textured wheat protein is a meat substitute made from wheat gluten, and it has a similar texture to meat. The demand for textured wheat protein is increasing due to the rising trend of plant-based diets and the growing demand for meat alternatives.
Textured wheat protein is also widely used in the food and beverage industry, as it can improve the texture and nutritional value of food products. Additionally, it is low in fat and high in protein, making it an attractive option for health-conscious consumers.
Application segmentation of Global Wheat Protein Market
Wheat protein is widely used in baked goods
Based on application the market is segmented into Bakery And Snacks, Pet Food, Nutritional Bars and Drinks, Processed Meat, Meat Analogs, and Other Applications.
Among these, the largest segment is the bakery and snacks segment. This segment is driven by the unique functional properties of wheat protein, which can improve the texture, nutritional value, and shelf life of bakery products and snack foods.
Wheat protein is widely used in baked goods such as bread, pizza, and pastry, as well as in snack foods such as crackers and chips. The versatility of wheat protein in the bakery and snacks segment is expected to drive its demand in the future.
While, the fastest-growing segment in the global wheat protein market based on application is the meat analogs segment. This segment is driven by the increasing demand for plant-based meat alternatives. Wheat protein is an excellent source of plant-based protein and can be used as a meat substitute in various products such as burgers, sausages, and nuggets.
The health benefits of plant-based diets and the ethical and environmental concerns surrounding meat consumption are driving the demand for meat analogs, which is expected to fuel the growth of the wheat protein market in this segment.
Regional trends of the Global Wheat Protein Market
United States is the largest market for wheat protein market
Geographically, the global wheat protein market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America.
Following are some of the major trends in these regions –
North America is one of the largest markets for wheat protein, driven by the increasing demand for plant-based proteins and the growing trend towards health and wellness. The region is witnessing a significant shift towards plant-based diets, which is driving the demand for wheat protein.
The U.S. is the largest market in the region, owing to the high consumption of baked goods and processed foods. Additionally, the trend towards clean label products is driving the demand for high-quality wheat protein, which is expected to fuel the growth of the market in the future.
Europe is another significant market for wheat protein, driven by the region's growing health awareness and the demand for clean label products. The region is witnessing a shift towards plant-based diets, driven by the increasing concerns about animal welfare and environmental sustainability.
The trend towards natural and organic food products is also driving the demand for high-quality wheat protein. Germany is the largest market in the region, owing to the high consumption of baked goods and the growing demand for meat analogs.
Asia-Pacific is one of the fastest-growing markets for wheat protein, driven by the region's increasing population, rising disposable incomes, and changing food habits. The region is witnessing a significant shift towards plant-based diets, driven by the growing health and wellness trend.
The demand for wheat protein in the region is also driven by the growing demand for baked goods, processed foods, and meat analogs. China is the largest market in the region, owing to its large population and the high consumption of wheat-based products.
Key players and market strategies:
The global wheat protein market is highly competitive, with several key players competing for market share. Companies operating in this market are adopting various growth strategies to expand their market presence and increase their revenue.
One of the key growth strategies adopted by companies is product innovation. Companies are investing in research and development to develop new and innovative wheat protein products that can cater to the evolving needs of consumers.
Another key growth strategy adopted by companies is mergers and acquisitions. Companies are acquiring other players in the market to expand their product portfolio, increase their production capacity, and strengthen their distribution network.
The acquisition of Watson by Ingredion in 2019 is a good example of this trend. The acquisition helped Ingredion to expand its product portfolio and strengthen its position in the global wheat protein market.
Companies are also investing in marketing and advertising to increase their brand visibility and reach new customers. The increasing demand for plant-based proteins and the growing health and wellness trend are driving the demand for wheat protein products. Companies that can effectively communicate the health benefits of their products and build a strong brand image are likely to succeed in this market.
Some of the biggest companies operating in the global wheat protein market are ADM, Agrana, Batory Foods, BENEO, Cargill, Crespel & Deiters, CropEnergies, Glico Nutrition, Kerry Group, Kröner-Stärke, Manildra Group, MGP Ingredients, Roquette, Tereos Syrol, and many more.
Global Wheat Protein Market Segmentation:
By Product Type:
- Wheat Gluten
- Wheat Protein Isolate
- Textured Wheat Protein
- Hydrolyzed Wheat Protein
By Form:
- Dry
- Liquid
By Applications:
- Bakery And Snacks
- Pet Food
- Nutritional Bars and Drinks
- Processed Meat
- Meat Analogs
- Other Applications
By Region:
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Brazil
- Rest of South America
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Wheat Protein Market
- Global Wheat Protein Market Qualitative Analysis
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 3 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- COVID-19 impact
- Porter’s Five Forces Analysis
- Value Chain Analysis
- Trends
- Global Wheat Protein Market Analysis and Forecast, by Product Type
- Overview and definitions
- Key segment analysis
- Global Wheat Protein Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Wheat Gluten
- Wheat Protein Isolate
- Textured Wheat Protein
- Hydrolyzed Wheat Protein
- Global Wheat Protein Market Analysis and Forecast, by Form
- Overview and definitions
- Key segment analysis
- Global Wheat Protein Market Estimates (US$ Mn), by Form, 2019 – 2032
- Dry
- Liquid
- Global Wheat Protein Market Analysis and Forecast, by Application
- Overview and definitions
- Key segment analysis
- Global Wheat Protein Market Estimates (US$ Mn), by Application, 2019 – 2032
- Bakery And Snacks
- Pet Food
- Nutritional Bars and Drinks
- Processed Meat
- Meat Analogs
- Other Applications
- Global Wheat Protein Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Wheat Protein Market Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Wheat Protein Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Wheat Protein Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Wheat Gluten
- Wheat Protein Isolate
- Textured Wheat Protein
- Hydrolyzed Wheat Protein
- North America Wheat Protein Market Estimates (US$ Mn), by Form, 2019 – 2032
- Dry
- Liquid
- North America Wheat Protein Market Estimates (US$ Mn), by Application, 2019 – 2032
- Bakery And Snacks
- Pet Food
- Nutritional Bars and Drinks
- Processed Meat
- Meat Analogs
- Other Applications
- North America Wheat Protein Market Estimates (US$ Mn), by Country, 2019 – 2032
- United States
- Canada
- Rest of North America
- Europe Wheat Protein Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Wheat Protein Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Wheat Gluten
- Wheat Protein Isolate
- Textured Wheat Protein
- Hydrolyzed Wheat Protein
- Europe Wheat Protein Market Estimates (US$ Mn), by Form, 2019 – 2032
- Dry
- Liquid
- Europe Wheat Protein Market Estimates (US$ Mn), by Application, 2019 – 2032
- Bakery And Snacks
- Pet Food
- Nutritional Bars and Drinks
- Processed Meat
- Meat Analogs
- Other Applications
- Europe Wheat Protein Market Estimates (US$ Mn), by Country, 2019 – 2032
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific Wheat Protein Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Wheat Protein Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Wheat Gluten
- Wheat Protein Isolate
- Textured Wheat Protein
- Hydrolyzed Wheat Protein
- Asia Pacific Wheat Protein Market Estimates (US$ Mn), by Form, 2019 – 2032
- Dry
- Liquid
- Asia Pacific Wheat Protein Market Estimates (US$ Mn), by Application, 2019 – 2032
- Bakery And Snacks
- Pet Food
- Nutritional Bars and Drinks
- Processed Meat
- Meat Analogs
- Other Applications
- Asia Pacific Wheat Protein Market Estimates (US$ Mn), by Country, 2019 – 2032
- China
- Japan
- South Korea
- India
- Australia
- Rest of Asia Pacific
- Middle East & Africa Wheat Protein Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Wheat Protein Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Wheat Gluten
- Wheat Protein Isolate
- Textured Wheat Protein
- Hydrolyzed Wheat Protein
- Middle East & Africa Wheat Protein Market Estimates (US$ Mn), by Form, 2019 – 2032
- Dry
- Liquid
- Middle East & Africa Wheat Protein Market Estimates (US$ Mn), by Application, 2019 – 2032
- Bakery And Snacks
- Pet Food
- Nutritional Bars and Drinks
- Processed Meat
- Meat Analogs
- Other Applications
- Middle East & Africa Wheat Protein Market Estimates (US$ Mn), by Country, 2019 – 2032
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America Wheat Protein Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Wheat Protein Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Wheat Gluten
- Wheat Protein Isolate
- Textured Wheat Protein
- Hydrolyzed Wheat Protein
- South America Wheat Protein Market Estimates (US$ Mn), by Form, 2019 – 2032
- Dry
- Liquid
- South America Wheat Protein Market Estimates (US$ Mn), by Application, 2019 – 2032
- Bakery And Snacks
- Pet Food
- Nutritional Bars and Drinks
- Processed Meat
- Meat Analogs
- Other Applications
- South America Wheat Protein Market Estimates (US$ Mn), by Country, 2019 – 2032
- Brazil
- Argentina
- Rest of South America
- Competition Analysis – Global Wheat Protein Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- ADM
- Business overview
- Geographic presence
- Product portfolio
- Financial facts
- Relevant news and strategic view
- Agrana
- Batory Foods
- BENEO
- Cargill
- Crespel & Deiters
- CropEnergies
- Glico Nutrition
- Kerry Group
- Kröner-Stärke
- Manildra Group
- MGP Ingredients
- Roquette
- Tereos Syrol
- ADM
- Conclusion & Recommendations
Frequently asked questions about this report
How large is the wheat protein market?
The wheat protein market was estimated to be US$ 2.51 Billion in 2022.
How much is the wheat protein market growth?
The wheat protein market is expected grow at a CAGR of 5.3% between 2023 to 2032.
What are the factors driving the wheat protein market?
The global wheat protein market is driven by several factors, such as the growing demand for plant-based proteins, rising health awareness, increasing applications in the food and beverage industry, the demand for animal feed, and technological advancements.
Which product type is the fastest-growing in the wheat protein market?
The fastest-growing segment is textured wheat protein. Textured wheat protein is a meat substitute made from wheat gluten, and it has a similar texture to meat.
Which application is the largest in the wheat protein market?
The largest segment is the bakery and snacks segment. This segment is driven by the unique functional properties of wheat protein, which can improve the texture, nutritional value, and shelf life of bakery products and snack foods.
Which is the largest market for wheat protein?
North America is one of the largest markets for wheat protein, driven by the increasing demand for plant-based proteins and the growing trend towards health and wellness.
Which are leading players in the wheat protein market?
ADM, Agrana, Batory Foods, BENEO, Cargill, Crespel & Deiters, CropEnergies, Glico Nutrition, Kerry Group, Kröner-Stärke, Manildra Group, MGP Ingredients, Roquette, Tereos Syrol among others, are the leading players in the wheat protein market.