The
global Wheat Protein Market size is expected to reach USD 9.28
billion by 2030, expanding at a CAGR of 4.5% from 2022 to 2030, according to a
new report by Grand View Research, Inc. Growing consumer preference for
meat-free diets globally, and increasing product applications in various
end-use industries, are the major factors driving the market growth.
Furthermore, increasing cases of lactose intolerance have increased the demand
for whey protein.
The
demand for food products that promote better health, particularly those that
are low in fat and cholesterol, high in protein, and useful for weight
management, has increased owing to rising consumers' health awareness. The
number of food products that contain plant-based protein has consequently
increased significantly over the past few years. Furthermore, the increasing
popularity of trends such as all-natural and clean-label products is
anticipated to boost demand for wheat protein.
Wheat
protein is widely used in the food and beverage industry, mainly in nutritional
supplements, sports foods, dairy products, confectioneries, and baked goods,
among other applications. Two insoluble protein groups that can be found in
wheat protein are glutenin and gliadin. It is used in the manufacturing of
noodles and bread as wheat protein permits a high level of dough strength by
creating an elastic texture. The use of these products in the food and cosmetic
industries is expected to increase due to changing consumer perceptions of
wheat proteins and FDA approval for use in food products during the
estimated period.
The
small intestine is damaged by gluten intolerance or celiac disease, an
autoimmune condition that prevents the body from absorbing nutrients from food.
This harm is primarily a response to eating foods containing gluten, a form of wheat
protein also found in barley, oats, and rye. However, some people may still
feel uncomfortable in their stomachs even though they do not suffer from Celiac
disease. This factor might limit market expansion in the coming years.
Europe
is anticipated to grow at a substantial CAGR from 2022 to 2030 due to an
increase in the consumption of healthy food products. France is experiencing
stable growth on account of hectic work and changing lifestyles leading to
increased consumption of functional food & beverages in the country. The
regional growth can also be attributed to the rising demand for high-quality
French bakery items. Baked product manufacturers in the region prefer wheat
protein as an alternative to animal and dairy proteins while developing new products
which will fuel product demand.
Related Press Release@ Wheat Protein Market Report
Wheat
Protein Market Report Highlights
- Wheat gluten
held the largest market share in 2021 owing to its ease of availability,
binding properties, and high mineral and protein content
- 75% protein
concentration held the highest revenue share in 2021 due to its high
concentration of diluted protein
- Personal Care
in the application segment is expected to expand at a significant CAGR
from 2022 to 2030, attributed to rising consumer demand for herbal and
organic cosmetics
- Asia Pacific
is estimated to grow significantly over the forecast period owing to
various developments in healthcare and cosmetic sectors in developing
countries in the region
Wheat
Protein Market Segmentation
Grand
View Research has segmented the global wheat protein market based on product,
protein concentration, application, and region:
Product
Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
- Wheat Gluten
- Wheat Protein
Isolates
- Textured
Wheat Proteins
- Wheat Protein
Hydrolysates
Concentration
Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
- 75%
concentration
- 80%
concentration
- 95%
concentration
Application
Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
- Bakery &
Confectionaries
- Animal Feed
- Dairy
- Personal Care
- Sports &
Nutrition
Regional
Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Russia
- Ukraine
- France
- Germany
- Poland
- Asia Pacific
- China
- India
- Australia
- Central &
South America
- Brazil
- Argentina
- Middle East
& Africa
- Turkey
- Egypt
List
of Key Players in the Wheat Protein Market
- Archer
Daniels Midland Company (ADM)
- Agridient
- MGP
Ingredients
- AB Amilina
- Cargill Inc
- Manildra
Group
- Crespel &
Deiters GmbH and Co. KG
- Kroener
Staerke
- Crop Energies
AG
- Roquette
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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