North America Wheat Protein Market Size & Outlook
North America wheat protein market, 2017-2030 (US$M)
Related Markets
North America wheat protein market highlights
- The North America wheat protein market generated a revenue of USD 2,608.0 million in 2023.
- The market is expected to grow at a CAGR of 3.8% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,608.0 million |
| Market revenue in 2030 | USD 3,378.5 million |
| Growth rate | 3.8% (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, North America 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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North America 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 North America 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.
Wheat protein market in North America is expected to grow on account of increasing consumption of nutritional supplements, bakery products and snacks. New product introductions by companies including Cargill and MGP Ingredients Inc. are focused on consumer needs for low saturated fat and cholesterol free products thus augmenting the market demand.
Consumer perceptions regarding health benefits relating to wheat protein products consumption coupled with FDA approval for major protein ingredients for use in food industry is expected to result in high acceptance by end-use industries such as food and cosmetics.
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Target buyers of North America 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 continent-level data and insights on the North America wheat protein market , including forecasts for subscribers. This continent databook contains high-level insights into North America wheat protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America wheat protein market size, by country, 2017-2030 (US$M)
North America Wheat Protein Market Outlook Share, 2023 & 2030 (US$M)
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