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The wheat protein market share is expected to increase by USD 951.18 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.17%.
This wheat protein market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers wheat protein market segmentation by type (wheat gluten, wheat protein isolate, textured wheat protein, and others) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The wheat protein market report also offers information on several market vendors, including A. Costantino and C. Spa, Agridient BV, AMINOLA BV, AminoSib JSC, Archer Daniels Midland Co., Blattmann Schweiz AG, Bryan W Nash and Sons Ltd., Cargill Inc., Crespel and Deiters GmbH and Co. KG, Ezaki Glico Co. Ltd., GC Ingredients Inc., Kelisema Srl, Kroner Starke GmbH, Manildra Flour Mills Pty. Ltd., Meelunie BV, MGP Ingredients Inc., Roquette Freres SA, Royal Ingredients Group BV, Sacchetto Spa, Sudzucker AG, and Tereos Group among others.
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The growing vegan population is notably driving the wheat protein market growth, although factors such as the presence of substitutes may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the wheat protein industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Wheat Protein Market Driver
Key Wheat Protein Market Trend
Key Wheat Protein Market Challenge
This wheat protein market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global wheat protein market as a part of the global packaged foods and meats products market under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the wheat protein market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the wheat protein market encompasses successful business strategies deployed by the key vendors. The wheat protein market is fragmented and the vendors are deploying growth strategies such as diversifying their product offerings and developing their global footprint to compete in the market.
adm.com - The company offers wheat protein such as textured wheat protein and wheat protein powder.
adm.com - The Ag services and oilseeds segment includes global activities related to the origination, merchandising, transportation, and storage of agricultural raw materials, and the crushing and further processing of oilseeds such as soybeans and soft seeds into vegetable oils and protein meals.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The wheat protein market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the wheat protein market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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34% of the market’s growth will originate from North America during the forecast period. The US is the key market for wheat protein in North America. Market growth in this region will be faster than the growth of the market in the South American and MEA regions.
The rising demand for a plant-based nutrition diet, along with the growing vegan population will facilitate the wheat protein market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the outbreak of COVID-19 negatively impacted the growth of the wheat protein market in North America. The implementation of lockdown restrictions led to the temporary shutdown of manufacturing facilities of wheat protein, which disrupted the supply chain and reduced the sales of wheat protein in the region. However, the initiation of large-scale vaccination drives and the restoration of supply chain operations revived the growth of the market in the first half of 2021.
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The wheat protein market share growth in the wheat gluten segment will be significant during the forecast period. The high demand for meat and soy alternatives is driving the demand for wheat gluten. Also, the growing awareness of the benefits of vegan and vegetarian diets has influenced a large number of meat eaters to choose meat substitutes such as wheat gluten. Moreover, rising inclination toward high-protein diets and changing lifestyles are expected to drive the growth of the wheat gluten segment of the global wheat protein market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the wheat protein market size and actionable market insights on post COVID-19 impact on each segment.
Wheat Protein Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.17% |
Market growth 2022-2026 |
USD 951.18 million |
Market structure |
Fragmented |
YoY growth (%) |
4.34 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 34% |
Key consumer countries |
US, China, India, France, and Russia |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
A. Costantino and C. Spa, Agridient BV, AMINOLA BV, AminoSib JSC, Archer Daniels Midland Co., Blattmann Schweiz AG, Bryan W Nash and Sons Ltd., Cargill Inc., Crespel and Deiters GmbH and Co. KG, Ezaki Glico Co. Ltd., GC Ingredients Inc., Kelisema Srl, Kroner Starke GmbH, Manildra Flour Mills Pty. Ltd., Meelunie BV, MGP Ingredients Inc., Roquette Freres SA, Royal Ingredients Group BV, Sacchetto Spa, Sudzucker AG, and Tereos Group |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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