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The wheat protein market size is forecast to increase by USD 885.9 million, at a CAGR of 4.82% between 2023 and 2028. The market is witnessing significant growth due to the increasing preference for plant-based proteins, particularly among vegans and vegetarians. Rice protein and wheat gluten are popular alternatives to animal-derived proteins in this segment. Hydrolyzed wheat protein and wheat protein isolate are gaining traction in various applications, including bakery and confectionery, dairy, and athletic nutrition. Wheat proteins offer advantages such as excellent texture, taste, and nutritional value. However, the presence of wheat gluten intolerance in some consumers poses a challenge to market growth. Dry wheat protein and liquid wheat protein concentrations cater to diverse industry requirements. Enzymes are used in the production process to improve the functional properties of wheat proteins.
The growing prominence of online shopping and the availability of substitutes are other factors influencing market dynamics.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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