Wheat Protein Market to Reach $8.3 Billion by 2029 | Key Drivers and Future Outlook
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#What Is the Growth Rate of the Wheat Protein Market?#_x000D_
The market size for wheat protein has seen significant growth over the past few years. This market is projected to expand from $3.48 billion in 2024 to $3.7 billion in 2025, registering a compound annual growth rate (CAGR) of 6.2%. The substantial growth during the historic period can be credited to its traditional employment in food and baked goods, its abundant nutritional and protein content, a surge in customer demand for foods rich in protein, the increasing popularity of meat substitutes and vegetarian eating habits, and the growth of the food processing and baking industry._x000D_
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#What Growth Rate Is Forecasted for the Wheat Protein Market by 2029?#_x000D_
Over the following years, a robust expansion is predicted for the wheat protein market. With a compound annual growth rate (CAGR) of 8.3%, it is anticipated to reach $5.08 billion by 2029. This growth during the forecast period is linked to the increasing focus on clean labels, natural ingredients, growth of gluten-free and allergen-friendly products, advancements in research leading to improved functional properties, emphasis on sustainable production methods, and the rising demand from emerging economies. Noteworthy trends anticipated in the upcoming years include progress in wheat protein extraction technology, development of gluten-free wheat protein substitutes, enrichment of plant-based protein in snack foods and convenience foods, texturized wheat protein for meat alternatives, and wheat protein usage in cosmetics and personal care products._x000D_
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Major companies operating in the wheat protein market include Archer Daniels Midland Company, Cargill Inc., Agrana Beteiligungs-AG, MGP Ingredients Inc., Roquette Freres SA, Glico Nutrition Co. Ltd., Tereos Starch & Sweeteners, Agridient Inc., Manildra Group, Crop Energies, Kröner-Stärke GmbH, Crespel & Deiters GmbH & Co. KG, AB Amilina, Kerry Inc., Permolex Ltd., Chamtor Ltd., Sedamyl SRL, Meelunie B.V., Bryan W Nash & Sons Ltd., Aminola BV, Agridient Inc., The Scoular Company, Südzucker AG, Axiom Foods Inc., Batory Foods Inc., Emsland Group GmbH, Beneo-Remy N.V._x000D_
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The rise in the vegan community is anticipated to boost the wheat protein market in the future. The term “vegan population” describes individuals who adhere to a vegan way of life, abstaining from all forms of animal-derived products, such as meat, dairy, eggs, and often honey. This rise in veganism can be attributed to a few critical elements, such as increased awareness about animal rights, environmental sustainability, and the health benefits of this lifestyle. Owing to its high protein content, full amino acid range, and functional attributes that makes it adaptable for various food usages, including as a meat substitute and in baked items, wheat protein is a popular choice amongst vegans. For instance, a survey conducted by the US-based personal finance comparison site Finder.com LLC on the vegan population in the UK in early 2024 showed a significant increase from 1.1 million in 2023 to 2.5 million. Therefore, the growing vegan community is fueling the expansion of the wheat protein market._x000D_
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The wheat protein market covered in this report is segmented –_x000D_
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1) By Product Type: Gluten, Protein Isolate, Textured Protein, Hydrolyzed Protein, Other Product Types_x000D_
2) By Form: Dry, Liquid_x000D_
3) By Nature: Organic, Conventional_x000D_
4) By Application: Dairy, Bakery and Snacks, Animal Feed, Confectionary, Processed Meat, Nutritional Supplements, Other Applications_x000D_
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Subsegments:_x000D_
1) By Gluten: Vital Wheat Gluten, Wheat Gluten Flour_x000D_
2) By Protein Isolate: Isolated Wheat Protein_x000D_
3) By Textured Protein: Textured Wheat Protein_x000D_
4) By Hydrolyzed Protein: Hydrolyzed Wheat Gluten, Hydrolyzed Wheat Protein Isolate_x000D_
5) By Other Product Types: Wheat Protein Concentrates, Wheat Protein Blends_x000D_
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Leading companies in the wheat protein market are developing advanced items such as plant-based substitutes to fulfill the increasing demand of consumers who prefer healthier and more sustainable food choices. For example, Nestlé, a food company based in Switzerland, launched plant-based substitutes in October 2023. These products consist of a mix of wheat and pea protein, which offer a high protein content and less saturated fat. Being certified as vegan, they suit various dietary requirements. The new product range includes alternatives to breaded fish fillets, nuggets, and fingers, delivering not only remarkable nutritional advantages, but also a taste and texture that replicates white fish closely._x000D_
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North America was the largest region in the wheat protein market in 2024. Asia-Pacific is expected to be the fastest-growing region in the wheat protein market report during the forecast period. The regions covered in the wheat protein market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
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#This Report Delivers Insight On: #_x000D_
1. How big is the wheat protein market, and how is it changing globally?_x000D_
2. Who are the major companies in the wheat protein market, and how are they performing?_x000D_
3. What are the key opportunities and risks in the wheat protein market right now?_x000D_
4. Which products or customer segments are growing the most in the wheat protein market?_x000D_
5. What factors are helping or slowing down the growth of the wheat protein market?_x000D_
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