North America Wheat Protein Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

North America Wheat Protein Market is Segmented by Type (Wheat Concentrate, Wheat Protein Isolate, and Textured Wheat Protein), By Application (Bakery & Confectionery, Dairy Products, Nutritional Supplements, and Others); and by Geography.

Market Snapshot

North America Wheat Protein Market - Summary
Study Period:

2016 - 2026

Base Year:

2020

CAGR:

6.5 %

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Market Overview

North America wheat protein market is anticipated to register a CAGR of 6.5% during the forecasted period.

  • Increasing demand for plant-based nutrition diet along with a growing vegan population in emerging economies is driving the wheat protein market growth. During the aging population, rising income levels and increased urbanization are likely to fuel product demand.
  • Expanding product usage in biscuits, cakes, bread, and other bakery products is instigating the wheat protein market. Positive applications outlook from the animal feed by growing awareness regarding livestock health is anticipated to propel the product demand as animal feed. Easy availability and cost-effective advantages will positively influence market penetration.

Scope of the Report

North America wheat protein market is segmented by type (wheat concentrate, wheat protein isolate, and textured wheat protein), by application (bakery and confectionery, dairy products, nutritional supplements, and others), and geography.

By Type
Wheat Concentrate
Wheat Protein Isolate
Textured Wheat Protein
By Application
Bakery and Confectionery
Dairy Products
Nutritional Supplements
Others
Geography
United States
Canada
Mexico
Rest of North America

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Key Market Trends

Growing Demand For Plant Derived Ingredients

The unceasing innovation and developments in the protein market have been tapping the emerging food and beverage industries. Plant-derived vegan proteins in the food ingredients market have emerged as a boon for businesses dedicating operations for vegan products. Moreover, the rising vegan population in the region remains the primary factor boosting the market studied. Underlying concerns about animal welfare majorly influences consumers to switch to a proclaimed healthier diet, as does the longing for people to manage their weight. This scenario welcomes progressive food product launches, eventually uplifting the demand for cruelty-free natural food colorants, preservatives, and other ingredients.

North America Wheat Protein Market - 1

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United States Holds A Prominent Share in The Market

The demand for plant proteins is growing at a fast rate in the country, owing to change in lifestyle, lack of balanced dietary intake, and improved R&D, in order to develop new kinds of plant-protein enriched products. The United States continues to capture the largest market share for wheat protein. The demand for processed and low cholesterol foods has paved the way for the plant-based protein market, in the region. Nowadays, consumers are switching to other alternative products, such as green label food products, coupled with raising awareness of healthy and plant-based products, due to an increase in the availability of counterfeit products in the market. This innovative product line of ready-to-eat products with no compromise in taste and texture has, in turn, boosted the wheat protein market.

North America Wheat Protein Market - 2

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Competitive Landscape

North America wheat protein market is a growing market with the presence of various players in the market. With the growing popularity of plant-based foods, players are developing products specific to various applications. The major players in the market are Archer Daniels Midland Company, Cargill, Incorporated., Crespel & Deiters, and Roquette Frères, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Research Phases

    2. 1.2 Study Deliverables

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Bargaining Power of Suppliers

      2. 4.3.2 Bargaining Power of Consumers

      3. 4.3.3 Threat of New Entrants

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Wheat Concentrate

      2. 5.1.2 Wheat Protein Isolate

      3. 5.1.3 Textured Wheat Protein

    2. 5.2 By Application

      1. 5.2.1 Bakery and Confectionery

      2. 5.2.2 Dairy Products

      3. 5.2.3 Nutritional Supplements

      4. 5.2.4 Others

    3. 5.3 Geography

      1. 5.3.1 United States

      2. 5.3.2 Canada

      3. 5.3.3 Mexico

      4. 5.3.4 Rest of North America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Strategies adopted by Key players

    2. 6.2 Most Active Companies

    3. 6.3 Market Position Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 The Archer Daniels Midland Company

      2. 6.4.2 Cargill Incorporated

      3. 6.4.3 Roquette Freres

      4. 6.4.4 Tereos SA

      5. 6.4.5 MGP

      6. 6.4.6 Crespel & Deiters

      7. 6.4.7 GLICO NUTRITION CO. LTD

      8. 6.4.8 Manildra Group

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The North America Wheat Protein Market market is studied from 2016 - 2026.

The North America Wheat Protein Market is growing at a CAGR of 6.5% over the next 5 years.

  • ADM
  • Cargill, Incorporated
  • Roquette Frères
  • Tereos S.A

Are the major companies operating in North America Wheat Protein Market.

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