The global wheat protein market size is estimated to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising demand for protein in the market.
Gliadin and glutenin are two insoluble protein families found in wheat. Wheat protein generates an elastic texture that allows for a high degree of dough strength in bread and noodle manufacturing.
Wheat proteins aid in the delivery of critical amino acids that the body cannot produce on its own. These low-cost, plant-based proteins provide functional advantages in addition to nutrition, and their neutral taste profile makes them simple to include in a range of food and animal feed systems.
Wheat proteins are thought to be nature's building components. These proteins are among the most important components in a variety of cosmetic compositions. Wheat proteins are used in a variety of hair and skincare treatments.
Wheat proteins are valued in cosmetic compositions for their film-forming and moisturizing abilities. They're commonly used in hair care formulas to increase hair quality by providing moisture and binding protection. Moreover, wheat protein isolates aids in the simulation of increased insulin levels, which is important for athlete performance during sports training.
Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for protein rich diet is projected to push the market during the forecast period.
- Growing health-conscious population and rising concern for healthy food are anticipated to fuel the market in the coming years.
- Increasing use in cosmetics & personal care industry are key factors driving the market.
- Increasing demand for natural and organic substitutes is expected to propel the market.
- Increasing demand for plant-based nutrition diet are key factors propelling the market.
- Fluctuating prices is projected to hamper the market growth.
- Demand for gluten free products act as major factors that can restrict the market growth.
- Development in protein extraction technologies is anticipated to create lucrative opportunities for the market players.
Scope of the Report
The report on the global wheat protein market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Wheat Protein Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Applications (Sports Food, Confectionery, Dairy, Bakery, Pet Food, Nutritional Supplements, and Others), Types (Wheat Protein Isolate, Hydrolyzed wheat proteins, Wheat Concentrate, and Textured Wheat Protein)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Incorporated.; Roquette Frères; MGP; GLICO NUTRITION CO., LTD.; Archer Daniels Midland Company; Cargill
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Market Segment Insights
The nutritional supplements segment is projected to represent a key market share
Based on applications, the wheat protein market is divided into sports food, confectionery, dairy, bakery, pet food, nutritional supplements, and others. The nutritional supplements segment is expected to account for a key share of the market during the forecast period owing to changing lifestyles, rising health-conscious population, and increased demand in weight management.
The hydrolyzed wheat proteins segment is expected to grow at a rapid pace
On the basis of types, the wheat protein market is segmented into wheat protein isolate, hydrolyzed wheat proteins, wheat concentrate, and textured wheat protein. The hydrolyzed wheat proteins segment is expected to represent a key share of the market in the coming years due to rising usage in cosmetic products and growing demand for organic cosmetics products.
North America is anticipated to dominate the market
On the basis of regions, the wheat protein market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to hectic lifestyles and work schedules of the peoples in the United States and Canada also increasing consumption of ready-to-eat foods.
Segments
The global wheat protein market has been segmented on the basis of
Applications
- Sports Food
- Confectionery
- Dairy
- Bakery
- Pet Food
- Nutritional Supplements
- Others
Types
- Wheat Protein Isolate
- Hydrolyzed wheat proteins
- Wheat Concentrate
- Textured Wheat Protein
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Incorporated.
- Roquette Frères
- MGP
- GLICO NUTRITION CO., LTD.
- Archer Daniels Midland Company
- Cargill
Competitive Landscape
Key players competing in the wheat protein market include Incorporated; Roquette Frères; MGP; GLICO NUTRITION CO., LTD.; Archer Daniels Midland Company; and Cargill.
Some of these players are focusing on business strategies including partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
In 2017 The Moms Co. launch a natural protein shampoo and conditioner that contains wheat protein as a primary component.
Making Cosmetics Inc. has started manufacturing a hydrolyzed wheat protein solution for use in skin and hair care products.
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