Middle East & Africa Wheat Protein Market Size & Outlook
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MEA wheat protein market highlights
- The MEA wheat protein market generated a revenue of USD 411.9 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, wheat gluten was the largest revenue generating product in 2023.
- Wheat protein hydrolysates is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Turkey is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 411.9 million |
| Market revenue in 2030 | USD 420.0 million |
| Growth rate | 4.6% (CAGR from 2024 to 2030) |
| Largest segment | Wheat gluten |
| Fastest growing segment | Wheat protein hydrolysates |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Textured wheat proteins, Wheat protein isolates, Wheat protein hydrolysates, Wheat gluten |
| Key market players worldwide | Archer-Daniels Midland Co, MGP Ingredients Inc, Cargill, Suedzucker AG, Agridient, Manildra Group, Crespel & Deiters Group, Roquette America |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.1% of the global wheat protein market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 317.8 million by 2030.
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Wheat Protein Market Scope
Wheat Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Crespel & Deiters Group | View profile | 251-500 | Ibbenbüren, Nordrhein-Westfalen, Germany, Europe | https://crespeldeitersgroup.com |
| Manildra Group | View profile | 1001-5000 | Gladesville, New South Wales, Australia, Oceania | https://www.manildra.com.au/ |
| Agridient | View profile | 11-50 | Roelofarendsveen, Zuid-Holland, The Netherlands, Europe | https://agridient.nl |
| Roquette America | View profile | 5001-10000 | Gurnee, Illinois, United States, North America | https://www.roquette.com/ |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Suedzucker AG | View profile | 19655 | Maximilianstrasse 10, Mannheim, Germany, 68165 | https://www.suedzucker.de |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
| MGP Ingredients Inc | View profile | 705 | 100 Commercial Street, P.O. Box 130, Atchison, KS, United States, 66002 | https://www.mgpingredients.com |
Middle East & Africa wheat protein market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wheat protein market will help companies and investors design strategic landscapes.
Wheat gluten was the largest segment with a revenue share of 44.11% in 2023. Horizon Databook has segmented the Middle East & Africa wheat protein market based on textured wheat proteins, wheat protein isolates, wheat protein hydrolysates, wheat gluten covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of Middle East & Africa wheat protein market databook
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Our clientele includes a mix of wheat protein market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa wheat protein market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa wheat protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA wheat protein market size, by country, 2017-2030 (US$M)
Middle East & Africa Wheat Protein Market Outlook Share, 2023 & 2030 (US$M)
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