Global Hydrolyzed Wheat Protein Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Nature;

Conventional and Organic.

By Application;

Food & Beverages and Personal Care.

By Distribution Channel;

Online and Offline.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn143610813 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Hydrolyzed Wheat Protein Market (USD Million), 2020 - 2030

In the year 2023, the Global Hydrolyzed Wheat Protein Market was valued at USD 163.23 million. The size of this market is expected to increase to USD 209.22 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.

The global market for hydrolyzed wheat proteins is experiencing a surge in demand, propelled by several key factors shaping consumer preferences and market dynamics. One significant driver is the rising incidence of gluten intolerance worldwide, coupled with the increasing number of consumers adopting a vegan lifestyle. As more individuals seek gluten-free and plant-based alternatives, the demand for hydrolyzed wheat proteins as a suitable substitute in food and beverage products is expected to escalate. This trend is further bolstered by the growing preference for healthy and organic substitutes among consumers, driven by factors such as rising disposable incomes and an alarming increase in malnutrition cases. For example, Coeliac disease, an immune-mediated enteropathy triggered by dietary gluten, is prevalent in regions like India, South America, and the Middle East. Hydrolyzed wheat protein emerges as a viable source used in the treatment of such disorders, consequently driving demand within the food and beverage segment in these regions.

Moreover, the versatile properties of hydrolyzed wheat proteins extend beyond the culinary realm into the skincare and haircare sectors. These proteins exhibit exceptional moisture-retaining abilities, making them effective in preventing skin dryness and protecting against environmental stressors such as UV radiation. Consequently, hydrolyzed wheat protein is a favored ingredient in anti-aging skincare formulations, where it helps diminish the appearance of wrinkles and fine lines caused by aging and sun exposure. Additionally, in the realm of haircare, hydrolyzed wheat protein plays a crucial role in repairing damaged hair follicles and improving hair texture, making it a sought-after ingredient in various haircare products.

Technological advancements in the cosmetics industry, particularly in countries like India and China, contribute to the growing appeal of natural and organic substitutes, including hydrolyzed wheat protein. As consumers become increasingly conscious of the ingredients used in their personal care products, there is a growing acceptance of organic ingredients that offer both efficacy and safety. This shift in consumer preferences is driven by changing lifestyle habits and a heightened awareness of the importance of holistic well-being. Furthermore, the flourishing e-commerce sector has facilitated the accessibility of products and ingredients, including hydrolyzed wheat protein, through online channels. This has not only widened the reach of these products but also provided consumers with greater convenience in terms of product selection and payment methods, further fueling market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Nature
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Hydrolyzed Wheat Protein Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Gluten-Free and Vegan Products

        2. Rising Disposable Incomes

        3. Expanding Applications in Food and Beverage Industry

      2. Restraints
        1. Allergen Concerns

        2. Limited Consumer Awareness

      3. Opportunities
        1. Increasing Demand for Plant-Based Proteins

        2. Health and Wellness Trends

        3. Innovation in Product Formulations

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hydrolyzed Wheat Protein Market, By Nature, 2022 - 2032 (USD Million)
      1. Conventional
      2. Organic
    2. Global Hydrolyzed Wheat Protein Market, By Application, 2022 - 2032 (USD Million)
      1. Food & Beverages
      2. Personal Care
    3. Global Hydrolyzed Wheat Protein Market, By Distribution Channel, 2022 - 2032 (USD Million)

      1. Online

      2. Offline

    4. Global Hydrolyzed Wheat Protein Market, By Geography, 2022 - 2032 (USD Million)

      1. North America

        1. United States

        2. Canada

      2. Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Nordic

        7. Benelux

        8. Rest of Europe

      3. Asia Pacific

        1. Japan

        2. China

        3. India

        4. Australia & New Zealand

        5. South Korea

        6. ASEAN (Association of South East Asian Countries)

        7. Rest of Asia Pacific

      4. Middle East & Africa

        1. GCC

        2. Israel

        3. South Africa

        4. Rest of Middle East & Africa

      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. AB Amilina

      2. Agridient

      3. Archer Daniels Midland

      4. Cargill Inc.

      5. Crespel & Deiters GmbH & Co. KG

      6. Crop Energies AG

      7. Kroener Staerke

      8. Manildra Group

      9. MGP Ingredients

      10. Roquette

  7. Analyst Views
  8. Future Outlook of the Market

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