U.S. Wheat Protein Market Size & Outlook, 2024-2030
Related Markets
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 4.6% 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 | 4.6% (CAGR from 2024 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 | Textured wheat proteins, Wheat protein isolates, Wheat protein hydrolysates, Wheat gluten |
| 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Wheat Protein Market Scope
Wheat Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Crespel & Deiters Group | View profile | 251-500 | Ibbenbüren, Nordrhein-Westfalen, Germany, Europe | https://crespeldeitersgroup.com |
| Manildra Group | View profile | 1001-5000 | Gladesville, New South Wales, Australia, Oceania | https://www.manildra.com.au/ |
| Agridient | View profile | 11-50 | Roelofarendsveen, Zuid-Holland, The Netherlands, Europe | https://agridient.nl |
| Roquette America | View profile | 5001-10000 | Gurnee, Illinois, United States, North America | https://www.roquette.com/ |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Suedzucker AG | View profile | 19655 | Maximilianstrasse 10, Mannheim, Germany, 68165 | https://www.suedzucker.de |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
| MGP Ingredients Inc | View profile | 705 | 100 Commercial Street, P.O. Box 130, Atchison, KS, United States, 66002 | https://www.mgpingredients.com |
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 33.55% in 2023. Horizon Databook has segmented the U.S. wheat protein market based on textured wheat proteins, wheat protein isolates, wheat protein hydrolysates, wheat gluten 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.
Reasons to subscribe to U.S. wheat protein market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. wheat protein market databook
-
Our clientele includes a mix of wheat protein market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 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.
Partial client list
U.S. wheat protein market size, by product, 2017-2030 (US$M)
U.S. Wheat Protein Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
