[Research Report] The wheat protein market was valued at US$ 4,083.05 million in 2021 and is projected to reach US$ 4,788.49 million by 2028; it is expected to grow at a CAGR of 2.3% from 2021 to 2028.
Wheat proteins are plant-based proteins primarily obtained by processing wheat using different enzymes. They are insoluble functional proteins that possess unique visco-elastic characteristics and offer elasticity and extensibility to a final product. The proteins are considered a viable alternative for animal-based protein. They are widely used across several end-use industries, such as bakeries & confectionery, cosmetics & personal care, animal feed, and nutrition supplements.
In 2020, Europe held the largest revenue share of the global wheat protein market. The European market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Rising health awareness among consumers propels the demand for numerous plant protein products, such as soy, wheat, and oat. The popularity of the wheat protein has increased across the region, particularly in Germany, France, and the UK. Europeans are increasingly adopting the flexitarian diet, i.e., replacing part or most of their meat consumption with alternative protein food. These factors drive the demand for wheat protein products in Europe.
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Wheat Protein Market: Strategic Insights
Market Size Value in US$ 4,083.05 million in 2021 Market Size Value by US$ 4,788.49 million by 2028 Growth rate CAGR of 2.3% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Wheat Protein Market: Strategic Insights
| Market Size Value in | US$ 4,083.05 million in 2021 |
| Market Size Value by | US$ 4,788.49 million by 2028 |
| Growth rate | CAGR of 2.3% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Many industries, such as the food & beverage industry, faced unprecedented challenges due to the COVID-19 pandemic. Due to shortage in raw material supply, the shutdown of factories, shortage of labor, and other difficulties in operations under COVID-19 safety protocols, companies involved in the manufacturing of wheat protein faced difficulties during the initial months of the pandemic. The food & beverage sector is the bulk consumer of wheat protein and the ongoing COVID-19 pandemic has negatively influenced the demand for wheat protein. Food and beverage products, such as bakery products, confectionery items, and dairy products, are being pushed back as the supermarkets have reallocated stock priorities toward staples and essential supplies due to the outbreak. However, as the economies are reviving their operations, the demand for wheat protein is anticipated to surge worldwide in the coming months. The COVID-19 pandemic has led to a raised demand for healthy and functional bakery products, which is expected to fuel the growth of the wheat protein market in the coming years.
Market Insights
Increasing Demand for Natural and Organic Ingredients
The importance of organic food items has been understood in the wake of alarming health issues, coupled with rising consciousness about organic certifications and growing preference for high-quality food items. Nowadays, consumers are looking for natural, clean, and simple ingredients with proper labels, which could effectively convey their contents, quality, and intent of the product use. Further, they are largely dependent on organic and natural food products. For instance, the consumption of organic wheat protein has been extensively rising in diverse application sectors, such as food & beverages, and animal and aqua feed. Thus, the manufacturers of wheat protein are focusing on developing and marketing organic wheat protein.
Product Insights
Based on product, the global wheat protein market is segmented into wheat gluten, wheat protein isolates, textured wheat protein, and hydrolyzed wheat protein. In 2020, the wheat gluten segment accounted for the largest revenue share. Vital wheat gluten is used as an additive in baking. It adds elasticity to flours, which would otherwise be low in gluten, such as whole wheat flour or rye. Wheat gluten also improves the rise of the raw dough and enhances the texture and chewiness of the final product.
Form Insights
The wheat protein market, by form, is bifurcated into dry and liquid. In 2020, the dry segment accounted for a larger revenue share. A few of the dry wheat protein properties are high solubility in the water with any pH value, water binding and emulsifying, low viscosity, and acidic and thermal stability. The dry wheat protein is increasingly used in bakeries, pet food, nutritional bars, processed meat, and meat analogs. Thus, the wide applications in the food industry are bolstering the market growth for the dry segment.
Application Insights
The wheat protein market, by application, is segmented into bakery & snacks, pet food, nutritional bars & drinks, processed meat, meat analogs, and others. In 2020, the bakery and snacks segment accounted for the largest revenue share. Numerous bakery products, such as rolls, bread, cookies, pastries, pies, and muffins, are popular among consumers. Wheat proteins are among the common ingredients that optimize dough behavior and enhance the nutritional properties of end products. The increasing demand for wheat protein in the bakery & snacks industry and the trend of the clean label are creating ample opportunities for the players operating in the wheat protein market worldwide.
Archer Daniels Midland Company; Roquette Frères; Glico Nutrition Co., Ltd; Kröner-Stärke GmbH; Cargill, Incorporated; Crespel & Deiters GmbH & Co. KG; CropEnergies AG; Manildra Group; MGP Ingredients Inc.; and Tereos Group are a few well-established players in the global wheat protein market. Companies in the market are adopting various strategies, such as product developments, plant expansions, and mergers and acquisitions, to expand their footprint worldwide and meet the growing demand from end-users. For instance, in 2020, Archer Daniels Midland Company developed new products. The products contain Arcon T textured pea proteins, Prolite MeatTEX textured wheat protein, and Prolite MeatXT non-textured wheat protein.
Report Spotlights
- Progressive industry trends in the global wheat protein market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global wheat protein market from 2019 to 2028
- Estimation of the demand for wheat protein across various industries
- Recent developments to understand the competitive market scenario and the demand for wheat protein
- Market trends and outlook coupled with factors driving and restraining the growth of the wheat protein market
- Decision-making process by understanding strategies that underpin commercial interest with regard to the global wheat protein market growth
- Wheat protein market size at various nodes of the market
- Detailed overview and segmentation of the global wheat protein market as well as its dynamics in the industry
- Wheat protein market size in various regions with promising growth opportunitiez
Wheat Protein Market Report Scope
Wheat Protein Market, by
- Product
- Wheat Gluten
- Wheat Protein Isolates
- Textured Wheat Protein
- Hydrolyzed Wheat Protein
Wheat Protein Market, by Form
- Dry
- Liquid
Wheat Protein Market, by Application
- Bakery & Snacks
- Pet Food
- Nutritional Bars & Drinks
- Processed Meat
- Meat Analogs
- Others
Company Profiles
- Archer Daniels Midland Company
- Roquette Frères
- Glico Nutrition Co.,Ltd
- Kröner-Stärke GmbH
- Cargill, Incorporated
- Crespel & Deiters GmbH & Co. KG
- CropEnergies AG
- Manildra Group
- MGP Ingredients Inc.
- Tereos Group
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Form, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Rising application of wheat protein in several end-user industries is one of the key factors for the growth of the global wheat protein market. The change in consumer preference toward ready-to-eat foodstuffs has augmented the demand for bakery products, thereby influencing the growth of the wheat protein market. Further, increasing demand for premium pet food products from developing and developed countries, growing demand for natural and organic ingredients, and rising demand for meat analogs are the other factors driving the wheat protein market.
During the forecast period, Europe is anticipated to account for the largest share of the global wheat protein market. With rising health awareness among consumers, the demand for plant protein products, including soy, wheat, oat, and others, is expected to continue growing during the projected period. The popularity of the wheat protein has increased within the region, particularly in Germany, France, and the UK. Europeans are increasingly adopting the flexitarian diet, i.e., replacing part or most of their meat consumption with alternative protein food. Also, government support is driving the growth of this market.
The major players operating in the global wheat protein market are Archer Daniels Midland Company; Roquette Frères; Glico Nutrition Co.,Ltd; Kröner-Stärke GmbH; Cargill, Incorporated; Crespel & Deiters GmbH & Co. KG; Croproteinses AG; Manildra Group; MGP Ingredients Inc.; and Tereos Group
On the basis of product, the textured wheat protein segment led the global wheat protein market in 2020. Textured wheat protein products have broader applications, as a protein enrichment in baked goods, as a meat extension in meat products, for goulash, pulled products, for toppings, for a firm bite in burgers and fillings, as a meat extension in nuggets, and meat emulsions & raw sausages. Due to the wider application of textured wheat protein products, the market for wheat protein is blooming at a rapid pace.
Based on application, bakery & snacks segment accounted for the largest share in the global wheat protein market in 2020. The growth is attributed to rapidly evolving consumer preferences, greater demand for indulgence foods, increasing health consciousness among consumers. Wheat protein is a crucial source of high-protein, low-carb, and high-fibre, essential for producing bakery & snack products.
Based on form, the dry segment accounted for the largest share in the global wheat protein market. Dry wheat proteins are made from vital wheat gluten and are soluble in water. The dry wheat protein is increasingly used in bakeries, pet food, nutritional bars, processed meat, and meat analogs. Thus, the wide applications in the food industry are bolstering the dry segment growth.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Global Wheat Protein Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia-Pacific
4.2.4 South and Central America
4.2.5 Middle East and Africa
4.3 Expert Opinion
5. Wheat Protein Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Application of Wheat Protein in End-Use Industries
5.1.2 Increasing Demand for Natural and Organic Ingredients
5.2 Market Restraints
5.2.1 Availability of Substitutes
5.3 Market Opportunities
5.3.1 Rising Demand for Meat Analogs
5.4 Future Trends
5.4.1 Growing Adoption of Clean-Label and Plant-Based Products
5.5 Impact Analysis
6. Wheat Protein Market– Global Analysis
6.1 Wheat Protein Market Overview
6.2 Wheat Protein Market –Revenue and Forecast To 2028 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. Wheat Protein Market Analysis – By Product
7.1 Market Overview
7.2 Global Wheat Protein Market, By Product (2020 and 2028)
7.3 Wheat Gluten
7.3.1 Overview
7.3.2 Wheat Gluten: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Wheat Protein Isolates
7.4.1 Overview
7.4.2 Wheat Protein Isolates: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Textured Wheat Protein
7.5.1 Overview
7.5.2 Textured Wheat Protein: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Hydrolyzed Wheat Protein
7.6.1 Overview
7.6.2 Hydrolyzed Wheat Protein: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
8. Global Wheat Protein Market - By Form
8.1 Market Overview
8.2 Global Wheat Protein Market, By Form (2020 and 2028)
8.3 Dry
8.3.1 Overview
8.3.2 Dry: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Liquid
8.4.1 Overview
8.4.2 Liquid: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9. Global Wheat Protein Market Analysis – By Application
9.1 Overview
9.2 Global Wheat Protein Market, By Application (2020 and 2028)
9.3 Bakery & Snacks
9.3.1 Overview
9.3.2 Bakery & Snacks: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Pet Food
9.4.1 Overview
9.4.2 Pet Food: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Nutritional Bars & Drinks
9.5.1 Overview
9.5.2 Nutritional Bars & Drinks: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Processed Meat
9.6.1 Overview
9.6.2 Processed Meat: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Meat Analogs
9.7.1 Overview
9.7.2 Meat Analogs: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
10. Wheat Protein Market – Geographic Analysis
10.1 Overview
10.2 North America Wheat Protein Market Revenue and Forecasts to 2028
10.2.1 North America Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America Wheat Protein Market Breakdown, by Product
10.2.3 North America Wheat Protein Market Breakdown, by Application
10.2.4 North America Wheat Protein Market Breakdown, by Form
10.2.5 North America Wheat Protein Market Breakdown, by Country
10.2.5.1 US Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US Wheat Protein Market Breakdown by Product
10.2.5.1.2 US Wheat Protein Market Breakdown by Application
10.2.5.1.3 US Wheat Protein Market Breakdown by Form
10.2.5.2 Canada Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada Wheat Protein Market Breakdown by Product
10.2.5.2.2 Canada Wheat Protein Market Breakdown by Application
10.2.5.2.3 Canada Wheat Protein Market Breakdown by Form
10.2.5.3 Mexico Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico Wheat Protein Market Breakdown by Product
10.2.5.3.2 Mexico Wheat Protein Market Breakdown by Application
10.2.5.3.3 Mexico Wheat Protein Market Breakdown by Form
10.3 Europe Wheat Protein Market Revenue and Forecasts to 2028
10.3.1 Europe Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe Wheat Protein Market Breakdown by Product
10.3.3 Europe Wheat Protein Market Breakdown by Application
10.3.4 Europe Wheat Protein Market Breakdown by Form
10.3.5 Europe Wheat Protein Market Breakdown, by Key Countries
10.3.5.1 Germany Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany Wheat Protein Market Breakdown by Product
10.3.5.1.2 Germany Wheat Protein Market Breakdown by Application
10.3.5.1.3 Germany Wheat Protein Market Breakdown by Form
10.3.5.2 France Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France Wheat Protein Market Breakdown by Product
10.3.5.2.2 France Wheat Protein Market Breakdown by Application
10.3.5.2.3 France Wheat Protein Market Breakdown by Form
10.3.5.3 UK Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 UK Wheat Protein Market Breakdown by Product
10.3.5.3.2 UK Wheat Protein Market Breakdown by Application
10.3.5.3.3 UK Wheat Protein Market Breakdown by Form
10.3.5.4 Italy Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 Italy Wheat Protein Market Breakdown by Product
10.3.5.4.2 Italy Wheat Protein Market Breakdown by Application
10.3.5.4.3 Italy Wheat Protein Market Breakdown by Form
10.3.5.5 Russia Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia Wheat Protein Market Breakdown by Product
10.3.5.5.2 Russia Wheat Protein Market Breakdown by Application
10.3.5.5.3 Russia Wheat Protein Market Breakdown by Form
10.3.5.6 Rest of Europe Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe Wheat Protein Market Breakdown by Product
10.3.5.6.2 Rest of Europe Wheat Protein Market Breakdown by Application
10.3.5.6.3 Rest of Europe Wheat Protein Market Breakdown by Form
10.4 Asia-Pacific: Wheat Protein Market Revenue and Forecasts To 2028
10.4.1 Asia-Pacific Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
10.4.2 Asia-Pacific Wheat Protein Market Breakdown by Product
10.4.3 Asia-Pacific Wheat Protein Market Breakdown by Application
10.4.4 Asia-Pacific Wheat Protein Market Breakdown by Form
10.4.5 Asia-Pacific Wheat Protein Market Breakdown, by Country
10.4.5.1 Australia Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
10.4.5.1.1 Australia Wheat Protein Market Breakdown by Product
10.4.5.1.2 Australia Wheat Protein Market Breakdown by Application
10.4.5.1.3 Australia Wheat Protein Market Breakdown by Form
10.4.5.2 China Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
10.4.5.2.1 China Wheat Protein Market Breakdown by Product
10.4.5.2.2 China Wheat Protein Market Breakdown by Application
10.4.5.2.3 China Wheat Protein Market Breakdown by Form
10.4.5.3 India Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
10.4.5.3.1 India Wheat Protein Market Breakdown by Product
10.4.5.3.2 India Wheat Protein Market Breakdown by Application
10.4.5.3.3 India Wheat Protein Market Breakdown by Form
10.4.5.4 Japan Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
10.4.5.4.1 Japan Wheat Protein Market Breakdown by Product
10.4.5.4.2 Japan Wheat Protein Market Breakdown by Application
10.4.5.4.3 Japan Wheat Protein Market Breakdown by Form
10.4.5.5 South Korea Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
10.4.5.5.1 South Korea Wheat Protein Market Breakdown by Product
10.4.5.5.2 South Korea Wheat Protein Market Breakdown by Application
10.4.5.5.3 South Korea Wheat Protein Market Breakdown by Form
10.4.5.6 Rest of Asia-Pacific Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia-Pacific Wheat Protein Market Breakdown by Product
10.4.5.6.2 Rest of Asia-Pacific Wheat Protein Market Breakdown by Application
10.4.5.6.3 Rest of Asia-Pacific Wheat Protein Market Breakdown by Form
10.5 Middle East and Africa Wheat Protein Market Revenue And Forecasts To 2028
10.5.1 Middle East & Africa Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East & Africa Wheat Protein Market Breakdown by Product
10.5.3 Middle East & Africa Wheat Protein Market Breakdown by Application
10.5.4 Middle East & Africa Wheat Protein Market Breakdown by Form
10.5.5 Middle East and Africa Wheat Protein Market Breakdown, by Key Countries
10.5.5.1 South Africa Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa Wheat Protein Market Breakdown by Product
10.5.5.1.2 South Africa Wheat Protein Market Breakdown by Application
10.5.5.1.3 South Africa Wheat Protein Market Breakdown by Form
10.5.5.2 Saudi Arabia Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia Wheat Protein Market Breakdown by Product
10.5.5.2.2 Saudi Arabia Wheat Protein Market Breakdown by Application
10.5.5.2.3 Saudi Arabia Wheat Protein Market Breakdown by Form
10.5.5.3 UAE Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE Wheat Protein Market Breakdown by Product
10.5.5.3.2 UAE Wheat Protein Market Breakdown by Application
10.5.5.3.3 UAE Wheat Protein Market Breakdown by Form
10.5.5.4 Rest of Middle East and Africa Wheat Protein Market Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of Middle East and Africa Wheat Protein Market Breakdown by Product
10.5.5.4.2 Rest of Middle East and Africa Wheat Protein Market Breakdown by Application
10.5.5.4.3 Rest of Middle East and Africa Wheat Protein Market Breakdown by Form
10.6 South and Central America (SAM) Wheat Protein Market Revenue and Forecasts To 2028
10.6.1 South and Central America Wheat Protein Market Revenue and forecast Forecasts to 2028 (US$ Million)
10.6.2 South and Central America Wheat Protein Market Breakdown by Product
10.6.3 South and Central America Wheat Protein Market Breakdown by Application
10.6.4 South and Central America Wheat Protein Market Breakdown by Form
10.6.5 South and Central America Wheat Protein Market Breakdown, by Key Countries
10.6.5.1 Brazil Wheat Protein Market Revenue and forecast Forecasts to 2028 (US$ Million)
10.6.5.1.1 Brazil Wheat Protein Market Breakdown by Product
10.6.5.1.2 Brazil Wheat Protein Market Breakdown by Application
10.6.5.1.3 Brazil Wheat Protein Market Breakdown by Form
10.6.5.2 Argentina Wheat Protein Market Revenue and forecast Forecasts to 2028 (US$ Million)
10.6.5.2.1 Argentina Wheat Protein Market Breakdown by Product
10.6.5.2.2 Argentina Wheat Protein Market Breakdown by Application
10.6.5.2.3 Argentina Wheat Protein Market Breakdown by Form
10.6.5.3 Rest of South and Central America Wheat Protein Market Revenue and forecast Forecasts to 2028 (US$ Million)
10.6.5.3.1 Rest of South and Central America Wheat Protein Market Breakdown by Product
10.6.5.3.2 Rest of South and Central America Wheat Protein Market Breakdown by Application
10.6.5.3.3 Rest of South and Central America Wheat Protein Market Breakdown by Form
11. Overview- Impact of Coronavirus Outbreak
11.1 Impact of COVID-19 on Wheat Protein Market
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.6 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Merger & Acquisition
12.2 Product News
12.3 Strategic and Business Planning
12.4 Expansion & Collaboration
13. Company Profiles
13.1 Roquette Frères
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Glico Nutrition Co.,Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Kröner-Stärke GmbH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Cargill, Incorporated
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Crespel & Deiters GmbH & Co. KG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 CropEnergies AG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Manildra Group
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 MGP Ingredients Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Tereos Group
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Archer Daniels Midland Company
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Development
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Wheat Protein Market –Revenue and Forecast To 2028 (US$ Million)
Table 2. North America: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 3. North America: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 4. North America: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 5. US: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 6. US: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 7. US: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 8. Canada: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 9. Canada: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 10. Canada: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 11. Mexico: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 12. Mexico: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 13. Mexico: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 14. Europe: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 15. Europe: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 16. Europe: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 17. Germany: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 18. Germany: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 19. Germany: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 20. France: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 21. France: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 22. France: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 23. UK: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 24. UK: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 25. UK: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 26. Italy: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 27. Italy: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 28. Italy: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 29. Russia: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 30. Russia: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 31. Russia: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 32. Rest of Europe: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 33. Rest of Europe: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 34. Rest of Europe: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 35. Asia-Pacific Wheat Protein Market Revenue and Forecasts to 2028 – By Product (US$ Million)
Table 36. Asia-Pacific Wheat Protein Market Revenue And Forecasts To 2028 – By Application (US$ Million)
Table 37. Asia-Pacific Wheat Protein Market Revenue And Forecasts To 2028 – By Form (US$ Million)
Table 38. Australia Wheat Protein Market Revenue and Forecasts To 2028 – By Product (US$ Million)
Table 39. Australia Wheat Protein Market Revenue And Forecasts To 2028 – By Application (US$ Million)
Table 40. Australia Wheat Protein Market Revenue And Forecasts To 2028 – By Form (US$ Million)
Table 41. China Wheat Protein Market Revenue and Forecasts To 2028 – Product (US$ Million)
Table 42. China Wheat Protein Market Revenue And Forecasts To 2028 – By Application (US$ Million)
Table 43. China Wheat Protein Market Revenue And Forecasts To 2028 – By Form (US$ Million)
Table 44. India Wheat Protein Market Revenue and Forecasts to 2028 – By Product (US$ Million)
Table 45. India Wheat Protein Market Revenue and Forecasts To 2028 – By Application (US$ Million)
Table 46. India Wheat Protein Market Revenue and Forecasts To 2028 – By Form (US$ Million)
Table 47. Japan Wheat Protein Market Revenue and Forecasts To 2028 – By Product (US$ Million)
Table 48. Japan Wheat Protein Market Revenue and Forecasts To 2028 – By Application (US$ Million)
Table 49. Japan Wheat Protein Market Revenue and Forecasts To 2028 – By Form (US$ Million)
Table 50. South Korea Wheat Protein Market Revenue and Forecasts To 2028 – By Product (US$ Million)
Table 51. South Korea Wheat Protein Market Revenue and Forecasts To 2028 – By Application (US$ Million)
Table 52. South Korea Wheat Protein Market Revenue and Forecasts To 2028 – By Form (US$ Million)
Table 53. Rest of Asia-Pacific Wheat Protein Market Revenue and Forecasts To 2028 – By Product (US$
Table 54. Rest of Asia-Pacific Wheat Protein Market Revenue and Forecasts To 2028 – By Application (US$ Million)
Table 55. Rest of Asia-Pacific Wheat Protein Market Revenue and Forecasts To 2028 – By Form (US$ Million)
Table 56. Middle East & Africa Wheat Protein Market Revenue And Forecasts To 2028 – By Product (US$ Million)
Table 57. Middle East & Africa Wheat Protein Market Revenue And Forecasts To 2028 – By Application (US$ Million)
Table 58. Middle East & Africa Wheat Protein Market Revenue And Forecasts To 2028 – By Form (US$ Million)
Table 59. South Africa Wheat Protein Market Revenue And Forecasts To 2028 – By Product (US$ Million)
Table 60. South Africa Wheat Protein Market Revenue And Forecasts To 2028 – By Application (US$ Million)
Table 61. South Africa Wheat Protein Market Revenue And Forecasts To 2028 – By Form (US$ Million)
Table 62. Saudi Arabia Wheat Protein Market Revenue And Forecasts To 2028 – By Product (US$ Million)
Table 63. Saudi Arabia Wheat Protein Market Revenue And Forecasts To 2028 – By Application (US$ Million)
Table 64. Saudi Arabia Wheat Protein Market Revenue And Forecasts To 2028 – By Form (US$ Million)
Table 65. UAE Wheat Protein Market Revenue And Forecasts To 2028 – By Product (US$ Million)
Table 66. UAE Wheat Protein Market Revenue And Forecasts To 2028 – By Application (US$ Million)
Table 67. UAE Wheat Protein Market Revenue And Forecasts To 2028 – By Form (US$ Million)
Table 68. Rest of Middle East and Africa Wheat Protein Market Revenue And Forecasts To 2028 – By Product (US$ Million)
Table 69. Rest of Middle East and Africa Wheat Protein Market Revenue And Forecasts To 2028 – By Application (US$ Million)
Table 70. Rest of Middle East and Africa Wheat Protein Market Revenue And Forecasts To 2028 – By Form (US$ Million)
Table 71. South and Central America: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 72. South and Central America: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 73. South and Central America: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 74. Brazil: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 75. Brazil: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 76. Brazil: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 77. Argentina: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 78. Argentina: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 79. Argentina: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 80. Rest of South and Central America: Wheat Protein Market, by Product, 2019–2028 (US$ Million)
Table 81. Rest of South and Central America: Wheat Protein Market, by Application, 2019–2028 (US$ Million)
Table 82. Rest of South and Central America: Wheat Protein Market, by Form, 2019–2028 (US$ Million)
Table 83. List of Abbreviation
LIST OF FIGURES
Figure 1. Wheat Protein Market Segmentation
Figure 2. Wheat Protein Market Segmentation – By Region
Figure 3. Global Wheat Protein Market Overview
Figure 4. Global Wheat Protein Market, by Product
Figure 5. Global Wheat Protein Market, by Region
Figure 6. Global Wheat Protein Market, Industry Landscape
Figure 7. North America PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. Asia-Pacific PEST Analysis
Figure 10. South and Central America – PEST Analysis
Figure 11. Middle East and Africa – PEST Analysis
Figure 12. Expert Opinion
Figure 13. Global Wheat Protein Market Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of Wheat Protein Market
Figure 15. Global: Wheat Protein Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Global Wheat Protein Market Revenue Share, By Product (2020 and 2028)
Figure 17. Wheat Gluten: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Wheat Protein Isolates: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Textured Wheat Protein: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Hydrolyzed Wheat Protein: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Global Wheat Protein Market Revenue Share, By Form (2020 and 2028)
Figure 22. Dry: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Liquid: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Global Wheat Protein Market Breakdown, by Application (2020 and 2028)
Figure 25. Bakery & Snacks: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Pet Food: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Nutritional Bars & Drinks: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Processed Meat: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Meat Analogs: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Others: Wheat Protein Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Wheat Protein Market Breakdown, by Region, 2020 & 2028 (%)
Figure 32. North America Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
Figure 33. North America Wheat Protein Market Breakdown, by Product, 2020 & 2028 (%)
Figure 34. North America Wheat Protein Market Breakdown, by Application, 2020 & 2028 (%)
Figure 35. North America Wheat Protein Market Breakdown, by Form, 2020 & 2028 (%)
Figure 36. North America Wheat Protein Market Breakdown, by Country, 2020 & 2028 (%)
Figure 37. US Wheat Protein Market Forecasts To 2028 (US$ Million)
Figure 38. Canada Wheat Protein Market Forecasts to 2028 (US$ Million)
Figure 39. Mexico Wheat Protein Market Forecasts to 2028 (US$ Million)
Figure 40. Europe Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
Figure 41. Europe Wheat Protein Market Breakdown by Product, 2020 & 2028 (%)
Figure 42. Europe Wheat Protein Market Breakdown, by Application, 2020 & 2028 (%)
Figure 43. Europe Wheat Protein Market Breakdown by Form, 2020 & 2028 (%)
Figure 44. Europe Wheat Protein Market Breakdown by Key Countries, 2020 & 2028 (%)
Figure 45. Germany Wheat Protein Market Forecasts to 2028 (US$ Million)
Figure 46. France Wheat Protein Market Forecasts to 2028 (US$ Million)
Figure 47. UK Wheat Protein Market Forecasts to 2028 (US$ Million)
Figure 48. Italy Wheat Protein Market Forecasts to 2028 (US$ Million)
Figure 49. Russia Wheat Protein Market Forecasts to 2028 (US$ Million)
Figure 50. Rest of Europe Wheat Protein Market Forecasts to 2028 (US$ Million)
Figure 51. Asia-Pacific Wheat Protein Market Revenue And Forecasts To 2028 (US$ Million)
Figure 52. Asia-Pacific Wheat Protein Market Breakdown by Product, 2020 & 2028 (%)
Figure 53. Asia-Pacific Wheat Protein Market Breakdown by Application, 2020 & 2028 (%)
Figure 54. Asia-Pacific Wheat Protein Market Breakdown by Form, 2020 & 2028 (%)
Figure 55. Asia-Pacific Wheat Protein Market Breakdown by Country, 2020 & 2028 (%)
Figure 56. Australia Wheat Protein Market Revenue and Forecasts To 2028 (US$ Million)
Figure 57. China Wheat Protein Market Revenue and Forecasts To 2028 (US$ Million)
Figure 58. India Wheat Protein Market Revenue and Forecasts To 2028 (US$ Million)
Figure 59. Japan Wheat Protein Market Revenue and Forecasts To 2028 (US$ Million)
Figure 60. South Korea Wheat Protein Market Revenue and Forecasts To 2028 (US$ Million)
Figure 61. Rest Of Asia-Pacific Wheat Protein Market Revenue and Forecasts To 2028 (US$ Million)
Figure 62. Middle East & Africa Wheat Protein Market Revenue And Forecasts To 2028 (US$ Million)
Figure 63. Middle East & Africa Wheat Protein Market Breakdown By Product, 2020 & 2028 (%)
Figure 64. Middle East & Africa Wheat Protein Market Breakdown By Application, 2020 & 2028 (%)
Figure 65. Middle East & Africa Wheat Protein Market Breakdown By Form, 2020 & 2028 (%)
Figure 66. Middle East and Africa Wheat Protein Market Breakdown by Key Countries, 2020 & 2028(%)
Figure 67. South Africa Wheat Protein Market Forecasts To 2028 (US$ Million)
Figure 68. Saudi Arabia Wheat Protein Market Forecasts To 2028 (US$ Million)
Figure 69. UAE Wheat Protein Market Forecasts To 2028 (US$ Million)
Figure 70. Rest Of Middle East And Africa Wheat Protein Market Forecasts To 2028 (US$ Million)
Figure 71. South and Central America Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
Figure 72. South and Central America Wheat Protein Market Breakdown by Product, 2020 & 2028 (%)
Figure 73. South and Central America Wheat Protein Market Breakdown by Application, 2020 & 2028 (%)
Figure 74. South and Central America Wheat Protein Market Breakdown by Form, 2020 & 2028 (%)
Figure 75. South and Central America Wheat Protein Market Breakdown by Key Countries, 2020 & 2028(%)
Figure 76. Brazil Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
Figure 77. Argentina Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
Figure 78. Rest of South and Central America Wheat Protein Market Revenue and Forecasts to 2028 (US$ Million)
Figure 79. Impact of COVID-19 Pandemic in North America
Figure 80. Impact of COVID-19 Pandemic in Europe
Figure 81. Impact of COVID-19 Pandemic in the Asia-Pacific
Figure 82. Impact of COVID-19 Pandemic in the Middle East and Africa
Figure 83. Impact of COVID-19 Pandemic in South and Central America
The List of Companies - Wheat Protein Market
- Archer Daniels Midland Company
- Roquette Frères
- Glico Nutrition Co.,Ltd
- Kröner-Stärke GmbH
- Cargill, Incorporated
- Crespel & Deiters GmbH & Co. KG
- CropEnergies AG
- Manildra Group
- MGP Ingredients Inc.
- Tereos Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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