Europe Wheat Protein Market Size & Outlook, 2023-2030
Europe wheat protein market, 2017-2030 (US$M)
Related Markets
Europe wheat protein market highlights
- The Europe wheat protein market generated a revenue of USD 2,606.5 million in 2023.
- The market is expected to grow at a CAGR of 6.1% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 2,606.5 million |
| Market revenue in 2030 | USD 3,937.9 million |
| Growth rate | 6.1% (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 |
| 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, Europe region accounted for 38.5% of the global wheat protein market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 3,937.9 million by 2030.
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Wheat Protein Market Scope
Wheat Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 34.05% in 2023. Horizon Databook has segmented the Europe 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.
Europe is the second largest revenue generating region in global wheat protein market. The demand of wheat protein in Europe is supplemented from rising health awareness, rising demand from food and beverage industry and demand for meat free diets.
Declining growth of the healthcare sector in France, Germany and Italy on account of shifting manufacturing base to regions with low manufacturing cost is expected to affect wheat protein market over the next six years.
However, increasing R&D expenditure by various companies on the healthcare sector in Europe is expected to indirectly fuel wheat protein market over the projected period.
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Target buyers of Europe 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 Europe wheat protein market , including forecasts for subscribers. This continent databook contains high-level insights into Europe wheat protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe wheat protein market size, by country, 2017-2030 (US$M)
Europe Wheat Protein Market Outlook Share, 2023 & 2030 (US$M)
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