Wheat Protein Market Expected To Fuel Industry Growth With $9.28 Billion By 2030: Grand View Research Inc.

San Francisco, 30 May 2024: The Report Wheat Protein Market Size, Share & Trends Analysis Report By Product (Wheat Gluten, Wheat Protein Isolate, Textured Wheat Protein, Hydrolyzed Wheat Protein), By Concentration, By Form, By Application, By Region, And Segment Forecasts, 2024 - 2030

The global wheat protein market size is expected to reach USD 9.28 billion by 2030, expanding at a CAGR of 4.2% from 2024 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.

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The growth of the wheat protein industry is expected to be driven by the rising adoption of plant-based diets as well as an increase in the number of people adopting vegan diets in developing economies. Furthermore, product demand is likely to be fueled by a rising geriatric population, income levels, and increased urbanization.

Wheat Protein Market Report Highlights

• Wheat gluten accounted for a share of over 45% of the global revenues in 2024. Wheat gluten has a wide range of functionalities, including texturing, viscoelasticity, foaming, binding, and emulsification which leads to its widespread use in bakery products.
• The dry wheat protein market is experiencing growth driven by several factors. A rising awareness of plant-based diets and a demand for alternative protein sources contribute to the increased popularity of dry wheat protein.
• Wheat protein is made up of protein ingredients extracted from wheat using various methods. The global wheat protein market is segmented into three concentrations: 75% protein, 80% protein, and 95% protein.
• Bakery and confectionery accounted for a share of around 40% of the global revenues in 2024. The demand for wheat protein in bakery applications is being driven by factors like increased moisture content, improved water absorption, and softness of the finished product.
• North America held a share of over 33% of the global market in 2024. This region's market share can be attributed to several factors, including growing consumer awareness of the health benefits of wheat protein, and the well-established food processing industry.

The growth of the wheat protein industry is expected to be driven by the rising adoption of plant-based diets as well as an increase in the number of people adopting vegan diets in developing economies. Furthermore, product demand is likely to be fueled by a rising geriatric population, income levels, and increased urbanization.

Weight control was always a concern in the global population and now obesity has become an epidemic worldwide. According to the World Health Organization, global obesity has tripled since 1975, with approximately 13% of adults obese and 39% of adults overweight. Furthermore, 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. As a result, people are focusing on eating a healthy, plant-based diet to maintain their overall health and weight, which is driving market growth.

Wheat protein offers exceptional capabilities for a broad range of industries due to several benefits. Among its many uses are bakery products, flour milling, meat replacer, pasta, aquafeed, breakfast cereal, milk replacer, and pet food. The baker's adjustment, also known as the flour miller, is the most fundamental and widely used application of wheat protein. As a result, such a wide range of applications for various end-use industries is anticipated to fuel market growth over the forecast period.

Wheat Protein Market Report Scope

Report Attribute	Details
Market size value in 2024	USD 7.27 billion
Revenue forecast in 2030	USD 9.28 billion
Growth rate (Revenue)	CAGR of 4.2% from 2024 to 2030
Actuals	2018 - 2024
Forecast period	2024 - 2030

Lactose intolerance is a condition in which the body is unable to digest lactose, a type of natural sugar in dairy products such as milk. Although whey protein isolates are more filtered and processed to effectively remove more lactose than whey protein concentrates, individuals who have even a slight lactose intolerance should avoid such products. For consumers who want to boost protein intake for health or training purposes, plant-based alternatives such as wheat protein are the best option which may contribute to the market growth.

The limited supply of wheat for protein extraction in some regions is expected to limit market growth over the coming years. Furthermore, it contains gluten, which can cause diseases in consumers thereby limiting the product demand. Additionally, rising wheat prices with high protein content, the presence of a large number of alternatives, and increasing incidences of celiac disease are expected to limit growth over the projected timeframe.

List of Key Players of 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