Wheat Protein Market by Form, Product, Concentration, Application

List of Tables

[197 Pages Report] The Wheat Protein Market size was estimated at USD 2.58 billion in 2023 and expected to reach USD 2.74 billion in 2024, at a CAGR 6.52% to reach USD 4.02 billion by 2030.

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.

KEY MARKET STATISTICS
Base Year [2023]	USD 2.58 billion
Estimated Year [2024]	USD 2.74 billion
Forecast Year [2030]	USD 4.02 billion
CAGR (%)	6.52%

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.

Form: Rising usage of dry form of wheat protein in bakery products

The Dry form of wheat protein is widely prevalent, primarily for its ease of storage and shipping and longer shelf life. The dry form often arises as a preference where moisture control is paramount. It is mainly used in categories such as bakery products, nutritional bars, cereals, and other convenience foods. On the other hand, the liquid form of wheat protein has a distinct edge in terms of functionality. It provides immediate protein fortification and is preferentially used in liquid products like beverages, sauces, and soups due to its easy solubility. When comparing the two forms, dry wheat protein is more prominent due to its versatility and longevity. However, the liquid form is gaining traction owing to its improved functionality and instant fortification capabilities. Both forms have seen significant progress in recent innovation and technological advancements. However, the Bakery and confectionary industry's inclination towards dry form is due to its ability to enhance texture and shelf life, and the beverage industry's preference towards liquid form is due to its solubility.

Product: Increasing preference for wheat gluten due to its visco-elastic properties

Hydrolyzed Wheat Protein acts as an exceptional skin conditioner by balancing the skin's moisture levels. Due to its water-binding capabilities and functionality, the cosmetics industry highly prefers this form of wheat protein. Textured Wheat Protein is renowned for its high protein content and meat-like texture, making it a popular choice among vegan and vegetarian consumers for meat substitutes, leading to an increased demand, particularly from food manufacturers. Wheat Gluten is an excellent source of plant-based protein mainly used in bakery and packaged food industries owing to its visco-elastic properties. Wheat Protein Concentrate features efficient nutritional and functional benefits, largely demanded by sports and fitness industries for protein supplements. Wheat Protein Isolate is predominantly used in dietary supplements because of its high protein content and neutral flavor.

Concentration: Growing demand for wheat protein with an 80% concentration from the food & beverage industry

Wheat protein with a minimum of 75% protein consists mainly of carbohydrates and fats. Wheat protein concentrate with 80% concentration has greater functional properties such as increased emulsifying power and improved water-holding capacity. Wheat protein with 95% protein concentration performs better than traditional wheat protein, making it an ideal ingredient for fortified food products and use in high-protein dietary supplements.

Application: Increasing application of wheat protein for bakery & snacks for superior baked texture

Wheat protein is often integral in the bakery industry because it enhances dough elasticity, extensibility, and gas retention, catering to the need for superior baked texture and volume. Wheat protein is valued in the cosmetic industry for its beneficial skin and hair properties, such as its moisture-retaining and film-forming abilities that result in a smoother, softer texture. Its texture and structure make wheat protein a suitable meat substitute, which addresses the rising demand for plant-based diets. Wheat protein is valuable in nutritional bars & drinks due to its high protein content, facilitating muscle recovery and providing sustained energy. Additionally, its emulsifying properties make it suitable for pet food formulations requiring improved palatability or active ingredient stability. Wheat protein is commended within pharmaceuticals for its film-forming properties that contribute to effective drug delivery. Wheat protein often enhances processed meats' texture and nutritional content, catering to a growing need for healthier meat products.

Regional Insights

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.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Wheat Protein Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Wheat Protein Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

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, Kroner-Starke GmbH., Lantmannen Group, Manildra Flour Mills Pty. Ltd., Meelunie B.V., MGP Processing, Inc., PureField Ingredients, Purenso Select, Roquette Freres, Sedamyl SpA, Tate & Lyle PLC, Tereos Group, and The Agrana Group.

Market Segmentation & Coverage

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

Form
- Dry
- Liquid

Product
- Hydrolyzed Wheat Protein
- Textured Wheat Protein
- Wheat Gluten
- Wheat protein concentrate
- Wheat Protein Isolate

Concentration
- 75% Concentration
- 80% Concentration
- 95% Concentration

Application
- Bakery & Snacks
- Cosmetics
- Meat Analogs
- Nutritional Bars & Drinks
- Pet Food
- Pharmaceuticals
- Processed Meat

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Wheat Protein Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Wheat Protein Market?

3. What are the technology trends and regulatory frameworks in the Wheat Protein Market?

4. What is the market share of the leading vendors in the Wheat Protein Market?

5. Which modes and strategic moves are suitable for entering the Wheat Protein Market?

Product Code: MRR-430D3EB72414

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rapid shift towards vegan and vegetarian diets
  - 5.1.1.2. Increasing health concerns among consumers and focus towards the high nutritional value food
  - 5.1.1.3. Growing innovations in the food & beverage industry globally
- 5.1.2. Restraints
  - 5.1.2.1. Volatility in prices of wheat used for extraction of proteins
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements in the extraction of wheat protein
  - 5.1.3.2. Expanding adaption of wheat protein in the pet food industry
- 5.1.4. Challenges
  - 5.1.4.1. Prevalence of gluten intolerance and celiac diseases
5.2. Market Segmentation Analysis
- 5.2.1. Form: Rising usage of dry form of wheat protein in bakery products
- 5.2.2. Product: Increasing preference for wheat gluten due to its visco-elastic properties
- 5.2.3. Concentration: Growing demand for wheat protein with an 80% concentration from the food & beverage industry
- 5.2.4. Application: Increasing application of wheat protein for bakery & snacks for superior baked texture
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Wheat Protein Market, by Form

6.1. Introduction
6.2. Dry
6.3. Liquid

7. Wheat Protein Market, by Product

7.1. Introduction
7.2. Hydrolyzed Wheat Protein
7.3. Textured Wheat Protein
7.4. Wheat Gluten
7.5. Wheat protein concentrate
7.6. Wheat Protein Isolate

8. Wheat Protein Market, by Concentration

8.1. Introduction
8.2. 75% Concentration
8.3. 80% Concentration
8.4. 95% Concentration

9. Wheat Protein Market, by Application

9.1. Introduction
9.2. Bakery & Snacks
9.3. Cosmetics
9.4. Meat Analogs
9.5. Nutritional Bars & Drinks
9.6. Pet Food
9.7. Pharmaceuticals
9.8. Processed Meat

10. Americas Wheat Protein Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Wheat Protein Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Wheat Protein Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Amber Wave Opens Wheat Protein Facility
- 13.3.2. Wheat protein facility opens in Sweden
- 13.3.3. BENEO to Acquire Meatless BV, Supplier of Textured Pea, Fava, Wheat Proteins
13.4. Strategy Analysis & Recommendation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio