Wheat protein, also known as gluten protein, is a protein extracted from wheat and has high nutritional value. Wheat protein is mainly composed of albumin, globulin, gliadin, and glutenin, among which gliadin and glutenin are the main storage proteins, accounting for 80% of the dry basis of wheat protein. In addition, wheat protein contains a considerable amount of essential amino acids such as glutamic acid and arginine, which are easily absorbed and utilized by the human body, and have the effects of promoting growth and development, improving immunity, and so on.
Overview of Market Development
According to our calculation data, the total size of the global wheat protein market is estimated to be $3005 million in 2024, an increase of 4.85% compared to 2023. With the increasing demand from global consumers for healthy and nutritious foods, as well as the increasing awareness of meat substitutes, the market demand for wheat protein will continue to grow. It is expected that the global wheat protein market will continue to expand in the coming years and may increase to $3855 million by 2029.
Segmented Market Analysis
From the perspective of product types, wheat protein can usually be divided into two categories: food grade and feed grade, depending on its purpose and quality standards. Among them, food-grade wheat protein dominates the market. The data shows that the global food-grade wheat protein segment market size is estimated to be $2589 billion in 2024, and the market share is expected to reach 86.15%.
From the perspective of downstream applications, wheat protein, as a high nutritional value protein extracted from wheat, has a wide range of applications in various fields such as bakery & confectionery, animal feed, nutrition supplements, dairy products, and cosmetics. Among them, the bakery & confectionery industry is the largest downstream application market, with an estimated application share of 40.18% in 2024.
Global Wheat Protein Market Size and Segment Market Share Forecast
Source: www.globalmarketmonitor.com
Market Analysis of Major Regions/Countries
From a regional perspective, the global wheat protein market is dominated by three major regions: North America, Europe, and the Asia Pacific region. Among them, Europe is the largest revenue market. The data shows that the estimated revenue of the European wheat protein market in 2024 is 936 million US dollars, and the market share is expected to reach 31.16%. From a national perspective, China is an important component of the global wheat protein market, with an estimated market share of 18.42% in 2024.
Global Wheat Protein Market Revenue and Market Share by Region/Country
Forecast in 2024
|
Regions/Countries
|
Market Revenue (Million USD)
|
Market Share
|
|
North America
|
759
|
25.25%
|
|
Europe
|
936
|
31.16%
|
|
China
|
554
|
18.42%
|
|
Japan
|
151
|
5.01%
|
|
India
|
148
|
4.91%
|
|
Southeast Asia
|
138
|
4.59%
|
|
Others
|
320
|
10.66%
|
Source: www.globalmarketmonitor.com
For more industry information, please refer to our latest released "Global Wheat Protein Market Professional Research Report 2014-2026, Segmented by Players, Types, End-Users in Major 40 Countries or Regions".
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