Global Wheat Protein Market, By Product Type (Wheat Gluten, Wheat Protein Isolate, Textured Wheat Protein, and Hydrolyzed Wheat Protein), Form (Dry and Liquid), Application (Food and Beverages, Animal Feed, and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The wheat protein concentrate market is expected to be growing at a growth rate of 5.0% in the forecast period of 2021 to 2028. The growing of health and fitness-conscious consumers will act as a driving factor to the growth of the wheat protein concentrate market.
Wheat protein is attained by processing wheat, which involves several extraction procedures utilizing various enzymes.
Major factors that are expected to boost the growth of the wheat protein concentrate market in the forecast period are the rise in the customer preference for meat analog, the nutritional advantages provided for lactose-intolerant and health and fitness-conscious consumers and the growing of the health issues amongst the customers. Furthermore, the rise in the need for wheat protein amongst the budding vegan population because wheat protein offers a better substitute to animal-source protein, the increase in the applications of wheat protein in different end-user industries and the rise in the ingestion of the plant-based protein diets to alleviate the prevalence of type 2 diabetes and the government support through subsidies in many advancing nations are further anticipated to further propel the growth of the wheat protein concentrate market in the timeline period. However, the rise in the discussion on gluten-intolerance and gluten-free diets are one of the factors projected to further impede the growth of the wheat protein concentrate market throughout the forecast period. Additionally, the rise in the potential for plant-based proteins because of the augmented affinity for sustainable food sources which will further offer opportunities for the growth of the wheat protein concentrate market in the coming years. Inadequate technological advancements and low customer consciousness about non-soy proteins might further challenge the growth of the wheat protein concentrate market in the near future.
This wheat protein concentrate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the wheat protein concentrate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Wheat Protein Concentrate Market Scope and Market Size
- The wheat protein concentrate market is segmented on the basis of source, functionality, and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the product type, the wheat protein concentrate market is segmented into wheat gluten, wheat protein isolate, textured wheat protein, and hydrolyzed wheat protein.
- Based on the form, the wheat protein concentrate market is segmented into dry and liquid.
- Based on the application, the wheat protein concentrate market is segmented into food and beverages, animal feed, and others. Food and beverages is further sub segmented into bakery and confectionery, functional foods and beverages, meat substitutes, sweet and savory snacks, dairy products, cosmetics, pasta, noodles and others.
Wheat Protein Concentrate Market Country Level Analysis
The wheat protein concentrate market is analysed and market size, volume information is provided by country, source, functionality, and application as referenced above.
The countries covered in the wheat protein concentrate market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the wheat protein concentrate market because of the growing ingestion of nutritious supplements, bakery products, and snacks. Furthermore, the new product introductions by companies are attentive on the customer needs for low saturated fat and cholesterol free products which will further boost the growth of the wheat protein concentrate market in the region during the forecast period. Asia Pacific is projected to observe significant amount of growth in the wheat protein concentrate market because of the increasing of the population, enhancing consumer lifestyle and the growing alertness for healthy foods. Moreover, the increase in the healthcare and food and beverage industries which is further anticipated to propel the growth of the wheat protein concentrate market in the region in the coming years.
The country section of the wheat protein concentrate market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Wheat Protein Concentrate Market Share Analysis
The wheat protein concentrate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to wheat protein concentrate market.
The major players covered in the wheat protein concentrate market report are ADM, Cargill Incorporated., Agrana, MGP, Manildra Group, Roquette Frères., Glico Nutrition CO., LTD., Kröner Stärke GmbH, Tereos, CropEnergies AG, Gluten y Almidones Industriales, Batory Foods, Kerry., BENEO, Agridient Inc, AMCO Proteins, Tate & Lyle, PureFields, AMILINA, AB, Xi'an SaiNa Biological Technology Co., LTD, BASF SE, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.