U.S. Wheat Protein Market Size & Outlook, 2023-2030
U.S. wheat protein market, 2017-2030 (US$M)
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U.S. wheat protein market highlights
- The U.S. wheat protein market generated a revenue of USD 1,629.3 million in 2023 and is expected to reach USD 2,121.5 million by 2030.
- The U.S. 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.
Wheat protein market data book summary
| Market revenue in 2023 | USD 1,629.3 million |
| Market revenue in 2030 | USD 2,121.5 million |
| Growth rate | 3.8% (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, U.S. accounted for 24.1% 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 North America, U.S. wheat protein market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 101.0 million by 2030.
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Wheat Protein Market Scope
Wheat Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 U.S. 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.
The U.S. wheat protein market has witnessed a considerable increase in consumption of animal proteins in the recent past. A further increase in animal protein consumption is anticipated over the next few years.
Significant demand for animal-based protein in domestic market is expected to propel the wheat protein market in the U.S. Initiatives taken to strengthen the supply chain are projected to positively impact the market in the U.S. over the forecast period.
The rising awareness of nutritional food supplements owing to increasing fitness industry is further augmenting the demand of wheat protein in U.S. Meat free diets are also witnessing a rise in demand owing to increasing presence of vegan population in the region. However, growth of wheat gluten in U.S. would be restrained by rising incidences of celiac disease in U.S.
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Target buyers of U.S. 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 U.S. wheat protein market , including forecasts for subscribers. This country databook contains high-level insights into U.S. wheat protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. wheat protein market size, by product, 2017-2030 (US$M)
U.S. Wheat Protein Market Outlook Share, 2023 & 2030 (US$M)
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