Market Overview:
The global textured wheat protein market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for textured wheat protein from the food and animal feed industries. The organic textured wheat protein segment is projected to grow at a higher CAGR than the conventional textured wheat protein segment during the forecast period. North America is expected to dominate the global textured wheat protein market in terms of revenue, followed by Europe and Asia Pacific.
Product Definition:
Textured wheat protein is a type of plant-based protein made from wheat. It is often used in vegetarian and vegan diets as a meat substitute, because it has a similar texture and flavor to meat.
Organic Textured Wheat Protein:
Organic textured wheat protein (TWP) is a protein extracted from the whole grain of wheat. It has high amino-acid content and is used as an alternative to soy, pea, canola and other vegetable proteins. TWP has been gaining popularity in the sports nutrition industry on account of its excellent amino acid profile which makes it more suitable for building muscle mass.
Conventional Textured Wheat Protein:
Conventional textured wheat protein (CTWP) is a form of textured vegetable protein. It is produced from the extraction of gluten from wheat and can be used as an alternative to meat products such as hot dogs, sausages, burgers and other processed food items. CTWP has high amino acid content which makes it more valuable than soy or pea proteins for bodybuilders who seek to build muscle mass.
Application Insights:
Food application led the global market and accounted for more than 70.0% share of the overall revenue in 2017. The product is widely used in bakery products, confectionery, dairy products, processed meat & poultry products and dietary supplements among others owing to its functional properties including texture development ability as well as protein quality.
The animal feed segment is expected to witness significant growth over the forecast period on account of rising demand for high-quality proteins from various animal species including swine (pork), equine (horse) and avian (bird). In addition, increasing consumption of textured wheat proteins along with cereals such as corn has been observed to improve livestock performance enhancing metabolism rate among animals eating this diet which further boosts segment growth.
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumption of bakery and processed food products. The region is expected to maintain its dominance over the forecast period due to increasing demand for gluten-free foods. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of rising health consciousness, improving lifestyle, and growing population in countries like China and India. Moreover, changing consumer preferences towards healthy foods will also boost product demand in this region.
The European textured wheat protein market is mainly driven by factors such as changing dietary patterns, rise in awareness about nutritional enrichment among consumers along with a shift towards organic products by manufacturers.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of textured wheat protein market.
- Growing awareness about the health benefits of textured wheat protein is another major factor fuelling the growth of this market.
- Rising demand for gluten-free food products is also propelling the growth of textured wheat protein market.
- Growing popularity of plant-based proteins among consumers is another key factor boosting the demand for textured wheat protein globally.
- The increasing trend towards convenience foods is also contributing to the expansion of global textured wheat protein market
Scope Of The Report
Report Attributes
Report Details
Report Title
Textured Wheat Protein Market Research Report
By Type
Organic Textured Wheat Protein, Conventional Textured Wheat Protein
By Application
Food, Animal Feed, Others
By Companies
BENEO GmbH, MGP Ingredients, Inc., Tereos, Manildra, Roquette, Loryma, Kroner-Starke
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Textured Wheat Protein Market Report Segments:
The global Textured Wheat Protein market is segmented on the basis of:
Types
Organic Textured Wheat Protein, Conventional Textured Wheat Protein
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Animal Feed, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BENEO GmbH
- MGP Ingredients, Inc.
- Tereos
- Manildra
- Roquette
- Loryma
- Kroner-Starke
Highlights of The Textured Wheat Protein Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Textured Wheat Protein
- Conventional Textured Wheat Protein
- By Application:
- Food
- Animal Feed
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Textured Wheat Protein Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Textured wheat protein is a type of plant-based protein that is made from ground up whole wheat. It has a textured, chewy texture and can be used in place of animal-based proteins in many recipes.
Some of the key players operating in the textured wheat protein market are BENEO GmbH, MGP Ingredients, Inc., Tereos, Manildra, Roquette, Loryma, Kroner-Starke.
The textured wheat protein market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Textured Wheat Protein Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Textured Wheat Protein Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Textured Wheat Protein Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Textured Wheat Protein Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Textured Wheat Protein Market Size & Forecast, 2020-2028
4.5.1 Textured Wheat Protein Market Size and Y-o-Y Growth
4.5.2 Textured Wheat Protein Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Organic Textured Wheat Protein
5.2.2 Conventional Textured Wheat Protein
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Animal Feed
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Textured Wheat Protein Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Textured Wheat Protein Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Organic Textured Wheat Protein
9.6.2 Conventional Textured Wheat Protein
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Animal Feed
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Organic Textured Wheat Protein
10.6.2 Conventional Textured Wheat Protein
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Animal Feed
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Organic Textured Wheat Protein
11.6.2 Conventional Textured Wheat Protein
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Animal Feed
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Organic Textured Wheat Protein
12.6.2 Conventional Textured Wheat Protein
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Animal Feed
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Organic Textured Wheat Protein
13.6.2 Conventional Textured Wheat Protein
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Animal Feed
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Textured Wheat Protein Market: Competitive Dashboard
14.2 Global Textured Wheat Protein Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BENEO GmbH
14.3.2 MGP Ingredients, Inc.
14.3.3 Tereos
14.3.4 Manildra
14.3.5 Roquette
14.3.6 Loryma
14.3.7 Kroner-Starke
