Wheat Protein Market size was over USD 2.15 Billion in 2023 and is expected to reach USD 4.25 Billion by the end of 2036, growing at around 4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of wheat protein is estimated at USD 2.3 Billion.
The expanding industry is thought to be propelled by the growing global need for food. As a result, the market for vegan food items grows, leading to higher demand for wheat protein since they are high in important amino acids, and have a high nutritional value.
As per the Food and Agriculture Organization, in 2050, a 60% increase in food production will be required to feed the 9.3 billion people that inhabit the planet.
Author Credits: Parul Atri
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