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Wheat Protein Market worth $4.02 billion by 2030, growing at a CAGR of 6.52% - Exclusive Report by 360iResearch

03-06-2024 07:24 AM CET | Food & Beverage

Press release from: 360iResearch

Wheat Protein Market | 360iResearch

Wheat Protein Market | 360iResearch

The "Wheat Protein Market by Form (Dry, Liquid), Product (Hydrolyzed Wheat Protein, Textured Wheat Protein, Wheat Gluten), Concentration, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Wheat Protein Market to grow from USD 2.58 billion in 2023 to USD 4.02 billion by 2030, at a CAGR of 6.52%.

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Wheat protein, often recognized under gluten, wheat gluten, or wheat protein isolate, is a high-quality plant protein primarily extracted and purified from the endosperm of wheat grains. It constitutes the core by-products derived from the processing and refinement of wheat. Wheat protein is composed mainly of two kinds of proteins: gliadins and glutenins. When combined with water, these two elements create a network of bonds, yielding a robust and elastic material known as gluten. Wheat protein is utilized across various sectors due to its high protein content and versatile functional properties. It encounters extensive application in the food and beverage industry, especially in bakery products, breakfast cereals, and nutritional bars, for its visco-elastic properties. Industries such as cosmetics and animal feed also harness the use of wheat protein, given its beneficial attributes. Additionally, as a rich source of plant-based protein, wheat protein is increasingly incorporated in meat substitute products, contributing to the booming growth of the vegetarian and vegan market sectors. Several factors fuel the expansion of the global wheat protein market intricately linked to developments in the food and beverage industry. Rapid shift towards vegan and vegetarian diets, increasing health concerns among consumers, and focus on the high nutritional value of food contributes to the expansion of the wheat protein market. However, the prevalence of celiac disease and gluten sensitivity and volatility in prices of wheat used to extract proteins present a challenge to this market's growth. On the other hand, technological advancements in the extraction of wheat protein and expanding adaption of wheat protein in the pet food industry are opening new avenues of application for the market in the coming years.

The wheat protein market is evolving in the Americas owing to the surge in wheat protein and the application of wheat proteins to produce nutritional products. The rapid expansion of the food & beverage industries and increasing use to improve the food & beverage nutritional and textural properties are facilitating the use of wheat proteins in the APAC region. Additionally, the high vegetarian population of India contributes to the expanding adoption of wheat protein as an alternative source of protein. Raising awareness about health benefits and a shift toward plant-based proteins are accelerating the consumption of wheat proteins by the EMEA population. Additionally, the growing focus of nations worldwide to increase wheat production and rising use in fitness products are creating significant potential for the growth of the wheat protein market. The increase in R&D activities for the efficient extraction of wheat proteins and the expansion of their applications in various end-use sectors are expected to encourage the growth of the wheat protein market worldwide.

Market Segmentation & Coverage:

This research report categorizes the Wheat Protein Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Form, market is studied across Dry and Liquid. The Liquid is projected to witness significant market share during forecast period.

Based on Product, market is studied across Hydrolyzed Wheat Protein, Textured Wheat Protein, Wheat Gluten, Wheat protein concentrate, and Wheat Protein Isolate. The Wheat Protein Isolate is projected to witness significant market share during forecast period.

Based on Concentration, market is studied across 75% Concentration, 80% Concentration, and 95% Concentration. The 80% Concentration is projected to witness significant market share during forecast period.

Based on Application, market is studied across Bakery & Snacks, Cosmetics, Meat Analogs, Nutritional Bars & Drinks, Pet Food, Pharmaceuticals, and Processed Meat. The Processed Meat is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Wheat Protein Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Wheat Protein Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Wheat Protein Market, highlighting leading vendors and their innovative profiles. These include A. Costantino & C. SpA, Agridient B.V., Amber Wave, Aminola B.V., Archer Daniels Midland Company, Axiom Foods, Inc., BASF SE, Cargill, Incorporated, Crespel & Deiters GmbH & Co. KG, CropEnergies AG, Glico Nutrition Co., Ltd., Henan Tianguan Group Co., Ltd., Ingredion Incorporated, Kerry Group plc, Kröner-Stärke GmbH., Lantmännen Group, Manildra Flour Mills Pty. Ltd., Meelunie B.V., MGP Processing, Inc., PureField Ingredients, Purenso Select, Roquette Frères, Sedamyl SpA, Tate & Lyle PLC, Tereos Group, and The Agrana Group.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Wheat Protein Market, by Form
7. Wheat Protein Market, by Product
8. Wheat Protein Market, by Concentration
9. Wheat Protein Market, by Application
10. Americas Wheat Protein Market
11. Asia-Pacific Wheat Protein Market
12. Europe, Middle East & Africa Wheat Protein Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Wheat Protein Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Wheat Protein Market?
3. What is the competitive strategic window for opportunities in the Wheat Protein Market?
4. What are the technology trends and regulatory frameworks in the Wheat Protein Market?
5. What is the market share of the leading vendors in the Wheat Protein Market?
6. What modes and strategic moves are considered suitable for entering the Wheat Protein Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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