Global Wheat Protein Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

Wheat Protein Market Overview:

The Wheat Protein Market was valued at $42.4 billion in 2021 & is projected to reach $84.9 billion by 2028. It is expected to grow at an 8.3% CAGR between 2021 and 2028.

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The Wheat Protein Market Report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.

The Wheat Protein Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.

The global wheat protein market report has been segmented on the basis of product, application, and region.

Wheat is a type of grass widely cultivated for its seeds, a cereal grain extensively consumed as a staple food.

There are many species of wheat that are cultivated across the globe, but the most common type is common wheat (Triticum aestivum) – also known as bread wheat.

Also, what is considered a high source of vegetable protein in human food, has a protein content of about 13%, which is relatively high as compared to that of other cereals.

Wheat proteins are proteins that are extracted from wheat, and the process for extraction involves a number of different steps.

Rising demand for wheat protein from various end-use industries coupled with growing preference by individuals for meat-free diets is a major factor driving the growth of the global wheat protein market.

In addition, growing health concerns among individuals, increasing incidence of obesity across the globe, and increasing use of wheat protein in animal feeds are other factors anticipated to boost the growth of the global market over the forecast period.

Moreover, the rising demand for wheat protein from the cosmetics industry, owing to its high gluten content which acts as an emulsifier is another factor expected to aid the growth of the global market to a significant extent.

However, fluctuating wheat prices and high gluten content in wheat that is known to cause several health problems in individuals and are major factors restraining the growth of the global market.

Additionally, a limited supply of wheat for protein extraction, increasing incidence of celiac diseases, and the presence of alternatives for wheat protein are other factors anticipated to hamper the growth of the global wheat protein market over the forecast period.

A major and rising trend in the global wheat protein market is increasing preference for wheat protein among spots athletes and bodybuilders for protein intake.

This is another factor expected to aid the growth of the global market to a significant extent.

Currently, the market in North America dominates the global wheat protein market in revenue terms owing to the increasing consumption of nutritional supplements & bakery products coupled with the high prevalence of obesity in countries in the region.

The market in Europe accounted for the second-highest revenue share in the global wheat protein market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively.

The market in the Asia Pacific is projected to witness the fastest growth in terms of revenue, owing to changing lifestyles, an increase in disposable income, and growing awareness about the consumption of healthy plant-based foods in emerging economies such as China, Japan, and India.

Global wheat protein market segmentation:

By product:

• Wheat gluten
• Wheat protein isolate
• Textured wheat protein
• Hydrolyzed wheat protein

By application:

• Bakery & snacks
• Animal feed
• Nutritional supplements
• Processed meat
• Others

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa