Wheat Protein Companies
Wheat protein, derived from wheat kernels, is a versatile ingredient used in food and cosmetic products. It provides structure, texture, and nutritional value, serving as a valuable protein source.
Wheat protein, derived from wheat kernels, is a versatile ingredient used in food and cosmetic products. It provides structure, texture, and nutritional value, serving as a valuable protein source.
The Wheat Protein market, driven by the growing demand for plant-based protein alternatives, has witnessed notable expansion. This analysis provides an in-depth examination of the competitive landscape, encompassing key players, strategies deployed, factors influencing market share, news related to emerging companies, industry trends, current investment patterns, and a noteworthy development in 2023.
Key Players:
Archer Daniels Midland Company (US)
Archer, Incorporated (US)
The Agrana Group (India)
MGP Ingredients, Inc. (US)
The Manildra Group (Australia)
Roquette (France)
Glico Nutrition Co., Ltd. (Japan)
Kröner-Stärke (Germany)
Tereos Syral (France)
Crespel & Deiters (Germany)
Cropenergies (Germany)
Gluten Y Almidones Industriales (México)
Agridient B.V. (Netherlands)
Amilina, AB (Lithuania)
Xi'an Sheerherb Biotechnology Co. (China)
Strategies Adopted:
The Wheat Protein market employ diverse strategies to maintain and enhance their competitive positions. Strategies include product diversification, acquisitions, strategic partnerships, and a focus on research and development. For instance, Archer Daniels Midland Company has been actively investing in the development of novel wheat protein isolates with improved functionalities, aiming to cater to a broader range of applications in the food and beverage industry. Such strategies underscore the commitment to innovation and addressing evolving consumer needs.
Market Share Analysis:
The Wheat Protein market involves evaluating multiple factors influencing competitive positions. Key considerations include the protein content and quality of wheat protein products, pricing strategies, marketing effectiveness, and responsiveness to changing consumer preferences. Companies that effectively balance these factors are better positioned to capture and expand their market share. Additionally, factors such as regulatory compliance, adherence to quality standards, and global distribution capabilities contribute to market differentiation and influence manufacturers' market shares.
News & Emerging Companies:
The Wheat Protein market has witnessed the emergence of new and innovative companies looking to capitalize on the growing demand for plant-based protein sources. In 2023, emerging players such as GreenPro Foods entered the market with a focus on sustainable and organic wheat protein, gaining recognition for their commitment to environmentally responsible sourcing. These newcomers contribute to market diversity, encouraging innovation and potentially disrupting traditional market dynamics.
Industry Trends:
The Wheat Protein market revolve around sustainable sourcing, technological advancements, and expanding applications. Key players are investing in research and development to enhance the extraction process and explore new applications for wheat protein, such as in plant-based meat alternatives and nutritional supplements. Additionally, investments in sustainable and transparent supply chains align with the growing consumer preference for environmentally conscious products.
Current investment trends also highlight the importance of expanding product portfolios and global presence. Companies are strategically acquiring or forming partnerships with regional players to broaden their offerings and strengthen their foothold in key markets. These investments aim to align with evolving dietary trends and diversify applications for wheat protein, contributing to sustained growth in the global Wheat Protein market.
Competitive Scenario:
the Wheat Protein market is characterized by a focus on research and development, sustainable practices, and responsiveness to changing consumer preferences. Companies differentiate themselves through a combination of product innovation, marketing effectiveness, and the ability to address the increasing demand for plant-based protein solutions. The market is influenced by factors such as global distribution capabilities, production efficiency, and the ability to cater to diverse applications in the food and beverage industry.
Recent Development
The Wheat Protein market in 2023 was Cargill's strategic investment in a state-of-the-art wheat protein processing facility. This investment aimed to significantly increase Cargill's production capacity for wheat protein isolates, meeting the rising demand from food manufacturers for high-quality plant-based protein ingredients. The development highlighted the industry's recognition of the need for expanded production capabilities to keep pace with the growing popularity of wheat protein.
Cargill's investment showcased the commitment to meeting the evolving needs of the market by enhancing production infrastructure. The move not only positioned Cargill as a leading player with increased production capacity but also contributed to shaping the Wheat Protein market by setting a standard for advanced manufacturing practices. This development underscored the industry's understanding of the importance of scaling up operations to meet the rising global demand for wheat protein.
Wheat Protein Market is expected to register a CAGR of 6.2% from 2020 to 2027 and reach USD 2271.76 Million by the end of 2027. Wheat proteins are protein products made from wheat grains. Wheat is a rich source of protein containing about 13 % of protein by dry weight. The major portion of wheat protein is gluten which has special demand in the bakery and confectionery industry for making different food products. The protein supplements made from wheat protein are in high demand nowadays for being a vegan product. Wheat protein is a perfect replacement for whey protein as it contains lactose which causes digestion problems for the lactose intolerant population. Moreover, wheat protein is also used for making animal feed and pet food which are highly nutritious and appealing and are available at a reasonable cost than other food.
Covid 19 Analysis
Covid-19 pandemic had a mixed impact on the global wheat protein market. The pandemic boosted the demand for plant-based food owing to its health benefits. Hence, the demand for wheat protein also rose steeply. However, on the other hand, the market disruptions created by the covid pandemic led to a decrease in sales. The pandemic also caused descriptions in the supply chain which greatly affected the global market.
The increasing demand for plant-based food diets and the growing vegan population are driving the growth of the Global wheat protein market. Wheat protein contains gluten which makes it suitable for manufacturing different food products. Therefore, the demand from the food and bakery Industry for producing different food products is also increasing. Wheat protein is an excellent substitute for whey protein, hence it has been able to find a good position in the dietary supplement market. The rapidly growing vegan movement and the rising demand for meat analogs are helping in the expansion of the wheat protein market. Moreover, the growing demand for pet food and animal feed is also contributing to the growth of the market as wheat protein is an essential ingredient in making pet food products. Furthermore, extensive developments in wheat production technology and the development of high yielding varieties are like to propel the market growth further
The presence of high quantities of gluten is a major constraint for the Global wheat protein market as the cases of gluten intolerance is increasing. Gluten intolerance is an autoimmune disorder that causes bloating and pain in the gastrointestinal tract of gluten-intolerant people. Other than this low digestibility of wheat protein is also an issue.
Wheat protein is a dietary protein extracted from wheat through different methods. Wheat grains are a rich source of protein and contain about 13% of protein by weight. The two major proteins present in the wheat grains are gliadin and glutenin which makes them suitable for bread making. Therefore, the elastic nature of these proteins makes them suitable for making various bakery products, confectionery products and also have been used in the cosmetics industry.
 Wheat protein, a rich dietary protein supplement, has emerged as a suitable substitute for whey protein. Therefore, lactose-intolerant people can also take advantage of this protein supplement. Moreover, wheat protein also finds use in making animal feeds especially for poultry where high protein feed is needed. Furthermore, this protein is completely vegan and is also being used to produce meat analogs.
Study Objectives
The specific objectives of this market report on the global wheat protein market are given below:
Wheat gluten is the largest demand-generating segment owing to its extensive use in the food and baking industry. It is essential for increasing the elasticity of wheat flour to form different products. However, the textured wheat protein segment is also witnessing high demand due to the rising demand for meat analogs.
The dry segment witnesses higher demand owing to its ease in transportation and favorable properties. Moreover, it is easily soluble in water at any pH, has low viscosity, and is thermally stable which increases its popularity.
The Bakery and Confectionery segment is the major demand generator for wheat protein. The presence of gluten in wheat makes it suitable for making bakery and confectionery products that are not present in any other cereals. However, the animal feed segment is expected to grow at a higher CAGR.
Regional Analysis
The different regional markets for the global wheat protein market are:
Americas
-North America
-South America
Europe
 Asia-Pacific
 Rest of the world ( RoW )
 Among the different regions, North America is the largest regional market for having a wheat-based diet. Moreover, the rising vegan movement is likely to increase the market demand for wheat protein in this region.
Asia-Pacific is the fastest-growing regional market segment. The rising disposable income of people along with the growing population will generate more demand for food products. The increasing popularity of wheat protein and prevalence of protein hunger in this region will boost the market growth here.
Europe is the second-largest Market next to North America. High demand for wheat-based food products along with a rapid rise in the vegan population is propelling the market growth here.
The market in other regions such as Latin America and the Middle East and Africa is also likely to show significant growth over the forecast period. The Improving standard of living of people across the globe will generate high demand for wheat protein.
 The major global companies playing a key role in the wheat protein market are :
Recent Developments
In September 2020, ADM, the leading food processing and trading company launched new wheat proteins products named Prolite MeatTEX textured wheat protein and Prolite MeatXT non-textured wheat protein. These protein-rich diets are plant-based analogs to meat and have similar textures and flavors.
Intended Audience
This report will be beneficial for every stakeholder of the wheat protein market such as :
 Report Overview
This report from Market Research Future provides an in-depth analysis of the wheat protein market. This report covers both qualitative and quantitative aspects of the market including future projections. Moreover, the technological analysis section of this report gives clear information about the products and processes to help in a better understanding of the market. Furthermore, this report contains a detailed performance-based analysis of all the market segments. This report has also highlighted the key players and the current developments in the wheat protein market. Additionally, Covid-19 analysis has also been added to the report to study the impact of the pandemic on the market.
Wheat Protein Market Highlights:
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)