Global Wheat Protein Market Analysis & Trends - Industry Forecast to 2030

Global Wheat Protein Market Analysis & Trends - Industry Forecast to 2030

Wheat Protein: Market Size

From $3.88 billion in 2024, the global Wheat Protein market is projected to reach $6.58 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 9.2% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include, growing demand for bakery products, increasing popularity of plant-based foods and usage as alternative for non-animal protein among vegans.

Global Wheat Protein Market: Market Dynamics
Rise in incidence of diabetes and esophagus has increased the adoption of wheat protein, owing to its low calorie content and which helps to regulate blood sugar levels. In the recent past, consumers are preferring healthy alternatives to high calorie products which promotes wheat protein intake in food products because of its rich nutritional value. Weight management has always been a major concern among the population, but over the years it has turned into an epidemic.

The level of obesity has become twice globally since 1980. In 2014 about 600 million were obese and more than 1.9 billion adults were overweight. In 2014, around 41 million children under the age of 5 had a significant need for proper nutrition and weight management. This has immense scope in the future as most of the population is shifting towards a healthier lifestyle and consuming food with proper nutrition and managing one’s weight is the key attribute to have this lifestyle.

On the other hand, the increasing prevalence of discussion on gluten-intolerance and gluten-free diets is likely to obstruct the profit boundaries. In addition, rise in consumer preference for meat analogs and growth in applications of wheat protein will further boost for the wheat protein market.

Impact of COVID-19 on Wheat Protein

The COVID-19 pandemic had a significant impact on the wheat protein market. The rise in consumer awareness regarding healthy food habits led to the adoption of plant-based alternatives instead. This resulted in a surge of sales of over 500% for various brands of meat alternative. The pandemic has also positively influenced the sales of plant-based snacks, dairy alternatives, and supplements, as consumers move towards a healthier lifestyle.

By Product

Wheat Gluten Segment Dominate the Market in 2024

The wheat gluten segment made huge revenue in 2024 and growing its prominence during the forecast period. The broad spectrum of functionalities of wheat gluten such as emulsification, viscoelasticity, binding leads, texturing and foaming are attributed to its wide-scale usage in bakery products. It plays a key role as a meat alternative for consumers preferring vegetarian food products and is expected to drive its demand during the forecast period.

By Geography

Asia Pacific Region is Leading in the Global Market Place

Asia Pacific is likely to have a huge demand in the forecast period owing to rise in demand for meat-free diets and an inclination in consumer preference towards healthy food options. The increase in research & development (R&D) activities for plant-based protein, new product launches, the growing vegan population, and growing investments in the bakery industry are expected to fuel the growth of the market in this region during the forecast period.

List of the Key Players Profiled in the Market Include:

• Aminola
• BENEO
• Bryan W Nash & Sons Ltd
• Cargill Incorporated
• Costantino & C. spa
• Dutch Organic International Trade
• GC Ingredients Inc.
• Glico Nutrition Co., Ltd.
• Kröner-Stärke
• Manildra Group USA
• Meelunie B.V.
• MGP
• Roquette Frères
• Royal Ingredients Group
• Tereos

List of the Regions/Countries Profiled in the Market Include:

North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others Show more