Global Wheat Protein Market, By Product (Wheat Gluten, Wheat Protein Isolate, Textured Wheat Protein and Hydrolysed Wheat Protein), Application (Bakery and Snacks, Pet Food, Nutritional Bars and Drinks, Processed Meat, Meat Analogy and Others), Form (Dry and Liquid), Concentration (75%, 85% and 95%), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, 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.
Market Analysis and Insights of Wheat Protein Market
Data Bridge Market Research analyses that the global wheat protein market will project a CAGR of 4.61% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, growing focus on innovations in the food and beverages sector, rising consumer consciousness towards high protein food and beverage products, and increasing personal disposable income by the major companies are the major factors attributable to the growth of wheat protein market.
Wheat proteins are plant-based proteins that are a type of insoluble functional protein. Wheat protein is a mixture of protein isolated from whey that consists of lactalbumin, β-lactoglobulin, serum albumin and immunoglobulins. Wheat protein comprises of two insoluble prtein groups namely gliadin and glutenin. Wheat protein is consumed to meet the required amount of protein and amino acids in the body to support muscle development and boost up the immunity.
Rising personal disposable income and growing consumer consciousness toward plant-based nutrition are the major factors fostering the growth of the market. Changing lifestyle, westernization, rising awareness about the availability of both naturally and synthetically produced wheat proteins in the developing economies and rising health consciousness among the population are acting as market growth determinants. Improving distribution channel, rising number of gyms and fitness centres, growing popularity of healthy and high protein powders, ever-rising vegan population and changing tastes and preferences of consumers will further induce growth in the market value.
However, side effects on health associated with high consumption of protein powders will pose a major challenge to the growth of the market. Fluctuations in the prices of raw materials and supply chain disruptions owing to the pandemic will further restrict the scope of growth for the market. Presence of gluten in wheat can cause disease intolerance in humans will also hamper the market growth rate.
This wheat protein 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 wheat protein market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Wheat Protein Market Scope and Market Size
The wheat protein market is segmented on the basis of product, application, form and concentration. 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.
- On the basis of product, the global wheat protein market is segmented into wheat gluten, wheat protein isolate, textured wheat protein, hydrolyzed wheat protein.
- On the basis of application, the global wheat protein market is segmented into bakery and snacks, pet food, nutritional bars and drinks, processed meat, meat analogy and others.
- On the basis of form, the global wheat protein market is segmented into dry and liquid.
- On the basis of concentration, the wheat protein market is segmented into 75%, 85% and 95%.
Wheat Protein Market Country Level Analysis
The wheat protein market is analyses and market size, volume information is provided by country, product, application, form and concentration as referenced above.
The countries covered in the wheat protein market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, 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 region dominates the wheat protein market and will continue to flourish its trend of dominance during the forecast period owing to the well-established food production chain and availability of the best manufacturing facilities. Asia-Pacific is set to register the a high growth rate during the forecast period and score the highest CAGR owing to the increasing awareness about maintaining good health, rising westernization, changing lifestyle and increasing personal disposable income.
The country section of the wheat protein 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 Market Share Analysis
The wheat protein 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 market.
Some of the major players operating in the wheat protein market report are grana, ADM, Cargill, Incorporated, AGRANA Beteiligungs-AG, MGP, Manildra Group, Roquette Frères, GLICO NUTRITION CO., LTD., Kröner -Starke GmbH, TEREOS, Crespel & Deiters Group, CropEnergies AG, Nutra Healthcare, AsterlifeSciences, GLUTEN Y ALMIDONES INDUSTRIALES S.A. DE C.V, Anhui Reapsun Food, BASF SE, ROBERTET, Kerry., Givaudan among others.