China Wheat Protein Market Size & Outlook, 2023-2030
China wheat protein market, 2017-2030 (US$M)
Related Markets
China wheat protein market highlights
- The China wheat protein market generated a revenue of USD 342.5 million in 2023 and is expected to reach USD 440.4 million by 2030.
- The China market is expected to grow at a CAGR of 3.7% 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.
Wheat protein market data book summary
| Market revenue in 2023 | USD 342.5 million |
| Market revenue in 2030 | USD 440.4 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Wheat gluten |
| Fastest growing segment | Wheat protein hydrolysates |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wheat gluten, Wheat protein isolates, Textured wheat proteins, Wheat protein hydrolysates |
| 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, China accounted for 5.1% of the global wheat protein market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India wheat protein market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 125.9 million by 2030.
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Wheat Protein Market Scope
Wheat Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 56.53% in 2023. Horizon Databook has segmented the China 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.
Rising income and rapid urbanization in China has led to change in lifestyle, which in turn has promoted the change in food consumption trends in the country. The country has witnessed a significant increase in per capita consumption of wheat protein. Rise in urban expenditure on functional and healthy food is anticipated to be the key driver of wheat protein market in China.
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Target buyers of China 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 country-level data and insights on the China wheat protein market , including forecasts for subscribers. This country databook contains high-level insights into China wheat protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China wheat protein market size, by product, 2017-2030 (US$M)
China Wheat Protein Market Outlook Share, 2023 & 2030 (US$M)
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