Market revenue in 2023 | USD 291.0 million |
Market revenue in 2030 | USD 483.4 million |
Growth rate | 7.5% (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 |
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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 Germany 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.
Increasing use of wheat protein products in synthetic as well as naturally derived personal care products is likely to have a positive effect on its market over the next few years. In addition, growing number of food processing industries in the country has led to large imports of wheat proteins particularly over the past few years and trend is likely to continue over the projected period.
Rise in geriatric population in Germany has fueled the demand for medical nutritional products helpful in bone and muscle maintenance. This has propelled the demand for wheat protein in the recent past. Moreover, contribution of protein ingredients in treating Alzheimer’s disease has positively impacted the market in Germany.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany wheat protein market , including forecasts for subscribers. This country databook contains high-level insights into Germany wheat protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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