openPR Logo
Press release

Wheat Protein Market Research 2024 - Outlook, Overview And Forecast To 2033

Wheat Protein Market

Wheat Protein Market

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Wheat Protein Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The wheat protein market size has grown strongly in recent years. It will grow from $3.27 billion in 2023 to $3.48 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to traditional use in food and bakery products, high nutritional value and protein content, increased consumer demand for protein-enriched foods, growth in meat alternatives and vegetarian diets, expansion of food processing and bakery industry.

The wheat protein market size is expected to see strong growth in the next few years. It will grow to $4.66 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to growing emphasis on clean label and natural ingredients, expansion of gluten-free and allergen-friendly product market, research and development for enhanced functional properties, focus on sustainable sourcing and production practices, increasing demand in emerging economies. Major trends in the forecast period include technological advancements in wheat protein extraction, gluten-free wheat protein alternatives, plant-based protein enrichment in snacks and convenience foods, textured wheat protein for meat alternatives, wheat protein in personal care and cosmetics.

Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=6456&type=smp

Market Segmentation:
The wheat protein market covered in this report is segmented -

1) By Product Type: Gluten, Protein Isolate, Textured Protein, Hydrolyzed Protein, Other Product Types
2) By Form: Dry, Liquid
3) By Nature: Organic, Conventional
4) By Application: Dairy, Bakery and Snacks, Animal Feed, Confectionary, Processed Meat, Nutritional Supplements, Other Applications

Major Driver - Growing Shift Towards Plant-Based Diets Fuels Wheat Protein Market Expansion
The increasing demand for substitutes for animal protein and dairy products is significantly contributing to the growth of the wheat protein market going forward. The popularity of vegan protein sources and the wide availability of vegan proteins in retail and food stores around the world make it an easy alternative for customers to choose plant-based proteins instead of animal-based, which has led to a shift of consumers from animal products to plant products. For instance, in 2021, according to the Health and Nutrition Survey (IFIC), conducted by the International Food Information Council, a US-based non-profit organization, around one-quarter of adults consume more plant-based food compared to animal-based food in 2020. Furthermore, For instance, according to Good Food Institute, a US-based non-profit organization to promote plant-based and cell-based alternatives to animal products, sales of plant-based foods increased three times more quickly than those of non-plant-based meals as compared to its previous years in the year 2021 in the US. Therefore, increasing demand for substitutes for animal-based proteins and dairy products is driving the growth of the wheat protein market.

Competitive Landscape:
Major companies operating in the wheat protein market include Archer Daniels Midland Company, Cargill Inc., Agrana Beteiligungs-AG, MGP Ingredients Inc., Roquette Freres SA, Glico Nutrition Co. Ltd., Tereos Starch & Sweeteners, Agridient Inc., Manildra Group, Crop Energies, Kröner-Stärke GmbH, Crespel & Deiters GmbH & Co. KG, AB Amilina, Xi'an Sheerherb Biotechnology Co., BASF SE, Kerry Inc., Permolex Ltd., Chamtor Ltd., Sedamyl SRL, Royal Ingredients Group, Meelunie B.V., Bryan W Nash & Sons Ltd., Aminola BV, Agridient Inc., The Scoular Company, Südzucker AG, Axiom Foods Inc., Batory Foods Inc., Emsland Group GmbH, Beneo-Remy N.V.

Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/wheat-protein-global-market-report

Top Trend - Strategic Partnerships Driving Wheat Protein Market Innovation And Growth
Strategic partnerships have emerged as a key trend gaining popularity in the wheat protein market. Major companies operating in the wheat protein sector are focused on partnerships to meet consumer demand. For instance, in 2021, Archer Daniels Midland (ADM), a US-based company offering a full portfolio of textured soy, wheat, and pea proteins, partnered with Farmers Business Network (FBN), a US-based company that uses a platform to measure and verify the carbon score of grain and other crops. This partnership helps to combine ADM's worldwide scale and expertise with FBN's cutting-edge digital farm commerce and data-analytics capabilities to find possibilities to boost farmer profitability, improve sustainable farming practices, and provide farmers with convenience and product accessibility. Furthermore, in 2020, Beyond Meat, a US-based company that provides plant-based meat, partnered with Roquette, a French-based company that offers a wide range of proteins from plants, including pea protein, wheat protein, corn gluten meal, and potato protein. This collaboration builds on a ten-year relationship and significantly increases the amount of pea protein Roquette supplies to Beyond Meat over the next three years compared to what was previously delivered.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Wheat Protein Market Characteristics
3. Wheat Protein Market Trends And Strategies
4. Wheat Protein Market - Macro Economic Scenario
5. Wheat Protein Market Size And Growth
…..
27. Wheat Protein Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wheat Protein Market Research 2024 - Outlook, Overview And Forecast To 2033 here

News-ID: 3394814 • Views:

More Releases from The Business research company

Gas Meter Market Thrives: 7.0% CAGR to $6.7B by 2028, Driven by Industrialization, IoT Integration, and Sustainability
Gas Meter Market Thrives: 7.0% CAGR to $6.7B by 2028, Driven by Industrializatio …
The gas meter market size has grown strongly in recent years. It will grow from $4.75 billion in 2023 to $5.1 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increase in industrialization, increase in safety concerns and aging infrastructure of gas distribution networks. The gas meter market size is expected to
Strong Growth Forecasted: Dispensing Pharmacy Packaging Market to Reach $3.18B by 2028, Driven by Ageing Population and R&D
Strong Growth Forecasted: Dispensing Pharmacy Packaging Market to Reach $3.18B b …
The dispensing pharmacy packaging machine market size has grown strongly in recent years. It will grow from $2.03 billion in 2023 to $2.21 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to increase in pharmaceutical r&d expenditure, increased healthcare expenditure, rise in disposable income, growing penetration of retail pharmacies, emerging markets growth and increasing population. The dispensing pharmacy
Controlled Release Fertilizer Market Thrives: Strong Growth Forecasted to $4.89B by 2028, Driven by Technological Advancements and Precision Agriculture Practices
Controlled Release Fertilizer Market Thrives: Strong Growth Forecasted to $4.89B …
The controlled release fertilizer market size has grown strongly in recent years. It will grow from $3.14 billion in 2023 to $3.43 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to strong economic growth in emerging markets, a rise in demand for agricultural products, a rise in demand for a vegan diet and an increased organic food
Rapid Growth Forecasted: Carbon Capture Market to Reach $5.05B by 2028, Fueled by Lucrative Opportunities and Government Support
Rapid Growth Forecasted: Carbon Capture Market to Reach $5.05B by 2028, Fueled b …
The carbon capture, utilization, and storage market size has grown rapidly in recent years. It will grow from $2.57 billion in 2023 to $2.93 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increase in focus on reducing carbon dioxide (co2) emissions, increased demand from the medical industry and increase in

All 5 Releases


More Releases for Protein

Astonishing growth in Dairy Protein Market Growth? Milk Protein Isolates (MPIs), …
Dairy Protein Market Business Insights and Updates: The latest Market report by a Data Bridge Market Research with the title [Global Dairy Protein Market - Industry Trends and Forecast to 2026] . Dairy Protein Market research analysis and data lend a hand to businesses for the planning of strategies related to COVID-19 impact on industry, investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. Dairy Protein market insights with
Global Plant Protein Market 2019 – Soy Protein, Wheat Protein, Pea Protein | K …
The Global Pea Protein Market Research Report conducts a deep estimation on the present state of Pea Protein Industry with the definition, classification and market scope. The fundamental Pea Protein Industry aspects like competitive landscape structure, eminent industry players, Pea Protein Market size and value is studied. The Pea Protein Market growth trends, development plans, dynamic market driving factors and risk assessment is conducted. All the traders, dealers, distributors of
Protein Packaging Market Report 2018: Segmentation by Product (Rigid packaging, …
Global Protein Packaging market research report provides company profile for Amcor Limited, DuPont, Flexifoil Packaging Pvt., Swiss Pac Private Ltd. and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed
Whey Protein Ingredients Market by Type (Whey Protein Concentrate 80 and Whey Pr …
Whey Protein Ingredients Market Report, published by Allied Market Research, projects that the global market was valued at $8,216 million in 2015, and is projected to reach $15,037 million by 2022, growing at a CAGR of 9.2% from 2016 to 2022. The whey protein concentrate segment held more than two-fifths of the total market share in 2015. Access Full Summary at: https://www.alliedmarketresearch.com/whey-protein-ingredients-market Whey proteins are derived from whey during the cheese production
Neutral Alternative Protein Market Report 2018: Segmentation by Type (Plant Prot …
Global Neutral Alternative Protein market research report provides company profile for Tereos Syral, CP Kelco, Davisco, Meelunie, Danisco (DuPont), Kerry Group, Cargill, Archer Daniels Midland Company, Glanbia, CHS and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018
Protein Bars Market, By Protein Source Type, Product Type, Protein Content
Protein Bars Market Outlook: North America held a dominant position in the global protein bars market in 2016, with S. being the major contributor. Increasing awareness regarding protein supplements and growing demand for convenience food in the region are key drivers for growth of the market in North America. Additionally, according to the U.S. Department of Labor, average daily participation rates in sports and exercise rose by 3.6% from 2003 to