Global Wheat Protein Market Size & Outlook
The wheat protein industry worldwide is expected to reach a projected revenue of US$ 9,281.3 million by 2030. A compound annual growth rate of 4.6% is expected of the worldwide wheat protein industry from 2024 to 2030.
Revenue, 2023 (US$M)
$6,771.6
Forecast, 2030 (US$M)
$9,281.3
CAGR, 2024 - 2030
4.6%
Report Coverage
Worldwide
Global wheat protein market, 2017-2030 (US$M)
Related Markets
Global wheat protein market highlights
- The global wheat protein market generated a revenue of USD 6,771.6 million in 2023 and is expected to reach USD 9,281.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.6% by 2030.
- In terms of segment, wheat gluten accounted for a revenue of USD 2,657.6 million in 2023.
- Wheat protein hydrolysates is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Egypt is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,771.6 million |
| Market revenue in 2030 | USD 9,281.3 million |
| Growth rate | 4.6% (CAGR from 2023 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 | Wheat gluten, Wheat protein isolates, Textured wheat proteins, Wheat protein hydrolysates |
Other key industry trends
- In terms of revenue, the North America accounted for 38.5% of the global wheat protein market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Egypt is the fastest growing regional market and is projected to reach USD 76.5 million by 2030.
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Wheat Protein Market Scope
Wheat protein market segmentation & scope
Wheat Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 39.25% in 2023. Horizon Databook has segmented the Global wheat protein market based on wheat gluten, wheat protein isolates, textured wheat proteins, wheat protein hydrolysates covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Wheat Protein Product Outlook (Revenue, USD Million, 2017-2030)
- Wheat gluten
- Wheat protein isolates
- Textured wheat proteins
- Wheat protein hydrolysates
- Global Wheat Protein Protein Concentration Outlook (Revenue, USD Million, 2017-2030)
- 75% protein concentration
- 80% protein concentration
- 95% protein concentration
- Global Wheat Protein Application Outlook (Revenue, USD Million, 2017-2030)
- Bakery & confectionaries
- Animal feed
- Dairy
- Personal Care
- Sports & Nutrition
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Target buyers of Global 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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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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Horizon Databook provides a detailed overview of global-level data and insights on the Global wheat protein market , including forecasts for subscribers. This global databook contains high-level insights into Global wheat protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global wheat protein market statistics, by regions, 2017-2030 (US$M)
Top 10 countries: Wheat protein market size, 2023 (USD Million)
Top 10 countries: Wheat protein market size, 2023 (USD Million)
Global wheat protein market, by region, 2023 (US$M)
Related regional statistics
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