Wheat Protein Market Forecasts to 2028 - Global Analysis By Product, Form, Nature, Concentration, Application, Process and By Geography

According to Stratistics MRC, the Global Wheat Protein Market is accounted for $6.52 billion in 2022 and is expected to reach $9.52 billion by 2028 growing at a CAGR of 6.5% during the forecast period. Proteins generated from wheat grains are known as wheat proteins. The extraction of proteins from wheat involves the separation of SDS-insoluble protein fractions, gel filtration, the removal of sodium dodecyl sulphate (SDS), and other methods. These proteins are involved in the formation of films, froth, whipping, aeration, adhesion, dough conditioning, tenderising, and structure enhancement. These storage proteins are collectively known as prolamins because to the high levels of proline, glutamine, and amino acids. Moreover, two insoluble protein families that can be identified in wheat protein include gliadin and glutenin.

According to the World Health Organization, global obesity has tripled since 1975, with approximately 13% of adults obese and 39% of adults overweight. According to the Global Nutrition Report, 149.2 million children under the age of five are stunted, 38.9 million are overweight, and 45.4 million are wasted.

Market Dynamics:

Driver:

Increase in consumer preference for meat analogs

A variety of plant-based meat substitutes have gained a steadily expanding market on a global scale. Customers want meat substitutes that mimic the meat products' fibrous structure, texture, and mouth feel. Global interest in creating meat substitutes made on plant proteins has surged as a result. A growing number of new consumer groups known as "flexitarians" are looking to cut back on their daily meat consumption as a result of consumers' increased awareness of the healthful and nutrient-dense food options available to them. As a result of this progressive change in consumer eating habits, new products have been developed to satisfy consumer demand for meat products, which serve as the ideal substitute due to both their taste and high protein nutritional content.

Restraint:

Availability of suitable alternatives

Plant-based proteins including rice protein, soy protein, pea protein, and other products are replacing wheat protein since they all have equivalent nutritional profiles and health benefits. All of these protein-based additives have similar functional advantages, such as dough strength, moisture retention, and carving capabilities. The desire for soy protein as an alternative to animal meat proteins hinders the intake of wheat protein. The major health benefits of gluten-free products, such as weight loss and a lower risk of cardiovascular diseases, will also restrain the expansion of the wheat protein industry.

Opportunity:

Increasing use of wheat protein in the pet industry

Two major developments are driving the global pet food market. Premiumization and humanization are these trends. Owners are increasingly humanising their pets and treating them like "family members." As a result, there is an increase in demand for premium pet food that offers dietary advantages, greater digestibility, and higher-quality ingredient options for animals. The leading players are supplying wheat protein as an ingredient that can be used in pet food products in light of this shifting human propensity. Wheat is a grain that delivers high-quality carbs and is used in dry dog meals and biscuits. It not only provides us with energy for daily activities but also enables the processing of meals. As a result wheat provides a significant amount of nutrients and has numerous benefits.

Threat:

Limited technological developments

Even though the market for wheat protein is anticipated to rise gradually over the course of the forecast period, the lack of significant technological advancements is anticipated to impede faster growth rates. While related industries like those of whey and pulse protein as well as the market for gluten-free goods are anticipated to make significant investments in R&D activities to develop better, more practical, and more consumer-friendly products, technological advancements in the case of wheat proteins continue to lag. The protein helps manufacturers create popular, high-protein products that satisfy customer demand for components from pulses while also providing essential formulation functionality. The business has now successfully overcome that difficulty by using new technical techniques to maximise flavours and nutritional qualities.

COVID-19 Impact:

The demand for wheat protein increased as a result of the COVID-19 pandemic's favourable impact on the plant-based protein sector. Due to different safety and environmental concerns, a lot of consumers have shifted to plant-based proteins from their animal-based equivalents. The pandemic increased consumer demand for plant-based foods with high protein contents by highlighting the value of adopting a healthy diet. To meet the sudden surge in demand, several producers in the plant-based food sector started to change their business plans and invest in R&D for new product development.

The wheat gluten segment is expected to be the largest during the forecast period

The wheat gluten segment is estimated to have a lucrative growth, due to the vast range of functions that wheat gluten performs, such as texturing, viscoelasticity, foaming, binding, and emulsification, bread products frequently contain wheat gluten. Also, it makes a great meat alternative for vegan and vegetarian foods. Throughout the projected period, these characteristics are anticipated to fuel segment demand.

The bakery and confectionery segment is expected to have the highest CAGR during the forecast period

The bakery and confectionery segment is anticipated to witness the fastest CAGR growth during the forecast period, due to Increased moisture content, better water absorption, and the softness of the end product are some of the elements that are driving the need for wheat protein in baking applications. The demand for products is also being fuelled by a rise in the consumption of quick-bite items like confectionary and snacks as a result of changing lifestyles. Due to increased product use in the production of pastries, bread, cakes, rolls, and other bakery goods to satisfy growing customer demand, the market will expand further over the forecast period.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to a rise in the number of vegans and a rise in the knowledge of eating well among those trying to live a healthy lifestyle. The demand for the product is being driven up by growing domestic demand as well as the industrial growth of the healthcare and cosmetics sectors in China, Japan, India, and South Korea. Additionally, it is estimated that the industry would grow over the anticipated timeframe due to reduced protein manufacturing costs compared to the United States and established European nations.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to a number of causes, including the well-established food processing industry and rising consumer knowledge of the health benefits of wheat protein. The demand for products is also being fueled by an expanding vegetarian population, an increase in the consumption of bakery items, and meat substitutes. The vast yield of wheat and the increased need for wholesome and nutritious goods in the area are other contributing factors.

Key players in the market:

Some of the key players profiled in the Wheat Protein Market include: MGP Ingredients, Agridient, AB Amilina, Archer Daniels Midland Company (ADM), Crespel & Deiters GmbH and Co. KG, Cargill Inc, Kroener Staerke, Crop Energies AG, Manildra Group, Roquette, Tereos, Royal Ingredients Group, BENEO, Bryan W Nash & Sons Ltd., Aminola, Sacchetto SpA, GC Ingredients Inc., Meelunie B.V, Blattmann Schweiz A and Glico Nutrition Co., Ltd.

Key Developments:

In November 2022, Crespel & Deiters Group introduced its new textured wheat protein in the market. This launch expanded its textured vegetable protein line.

In April 2022, ADM invested USD 300 million to expand its alternative plant-protein production capacity in Illinois to meet the growing demand for plant-based ingredients.

In February 2022, MGP Ingredients announced its plant for the construction of a new manufacturing facility for the production of textured protein. This expansion is aimed at meeting the growing demand for plant-based meat.

In April 2020, MGP Ingredients expanded its line of textured protein to cater to meat analogs. This expansion further enhanced its product portfolio.

Products Covered:

• Textured Wheat Protein
• Wheat Gluten
• Wheat Protein Isolate
• Hydrolyzed Wheat Protein
• Other Products

Forms Covered:

• Liquid
• Dry

Natures Covered:

• Organic
• Conventional

Concentrations Covered:

• 75%
• 80%
• 95%

Applications Covered:

• Food
• Nutraceuticals
• Animal Feed
• Sports Nutrition & Weight management
• Cosmetics
• Other Applications

Processes Covered:

• Foaming
• Binding
• Emulsification
• Other Processes

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
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