India Wheat Protein Market Size & Outlook, 2023-2030
India wheat protein market, 2017-2030 (US$M)
Related Markets
India wheat protein market highlights
- The India wheat protein market generated a revenue of USD 344.9 million in 2023 and is expected to reach USD 475.9 million by 2030.
- The India market is expected to grow at a CAGR of 4.7% 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 344.9 million |
| Market revenue in 2030 | USD 475.9 million |
| Growth rate | 4.7% (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, India 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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India 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 56.54% in 2023. Horizon Databook has segmented the India 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.
Rise in health awareness among people coupled with increasing number of fitness clubs in India is predicted to drive the market of dietary supplements over the next few years. Remarkable growth of food & beverages industry in India and increase in purchasing power parity of consumers are expected to boost the demand for healthy and functional foods rich in protein content.
Augmented demand for nutritional food & beverages among customers in India is projected to positively impact the wheat protein market over the forecast period. India was one of the major producers and exporters of wheat in Asia Pacific.
Abundance of raw material and easy isolation of several protein contents such as album ins & globulins, gluten, gliadins, and glutenins fuels the demand for wheat protein.
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Target buyers of India 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 country-level data and insights on the India wheat protein market , including forecasts for subscribers. This country databook contains high-level insights into India wheat protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India wheat protein market size, by product, 2017-2030 (US$M)
India Wheat Protein Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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