Wheat fell to 516.75 USd/Bu on August 1, 2025, down 1.24% from the previous day. Over the past month, Wheat's price has fallen 8.38%, and is down 4.13% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wheat - values, historical data, forecasts and news - updated on August of 2025.

The revenue of the wheat market in Honduras amounted to $X in 2018, rising by X% against the previous year. In general, the total market indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wheat consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Wheat consumption peaked in 2018 and is likely to see steady growth in the near future.

Interactive chart of historical daily wheat prices back to 1975. The price shown is in U.S. Dollars per bushel.

The revenue of the wheat market in Georgia amounted to $X in 2018, growing by X% against the previous year. Overall, wheat consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the market value increased by X% year-to-year. Over the period under review, the wheat market reached its maximum level at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.

The global market size of Lokwan Wheat is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Lokwan Wheat Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Lokwan Wheat industry. The key insights of the report:
1.The report provides key statistics on the market status of the Lokwan Wheat manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Lokwan Wheat industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Lokwan Wheat Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Lokwan Wheat as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Lokwan Wheat market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

Overview
The March edition of Agricultural commodities contains ABARES' latest outlook for Australia's key agricultural commodities to 2022-23. The report provides commodity production and export forecasts.

It also includes articles and boxes that cover: Farm performance - broadacre and dairy farms; Australia's competitiveness in the fresh produce export market; Changes to China's grain policy; The Peru FTA; Market diversity of Australian wine exports; and, Trends in Australian cotton and horticulture production.

Key Issues

Commodity production forecasts • The gross value of farm production is forecast to decline by 5 per cent to $59 billion in 2017-18, reflecting an assumed return to average seasonal conditions, before increasing by 3 per cent to $61 billion in 2018-19. ◦ The gross value of farm production nevertheless remains high. If realised, the forecast value of farm production in 2018-19 would be around 11 per cent higher than the average of $55 billion over the five years to 2016-17. ◦ The gross value of farm production is forecast to grow steadily over the outlook period to around $63 billion by 2022-23 (in 2017-18 dollars). Strong demand for livestock and some horticultural products, and improved productivity in cropping, are expected to support growth.

• The gross value of livestock production is forecast to increase by around 3 per cent to $29.6 billion in 2018-19, following a forecast increase of 2 per cent in 2017-18. ◦ The value of lamb, wool and dairy production is forecast to contribute strongly to growth in the value of livestock production in 2018-19 (as in 2017-18), driven by strong export demand (particularly from China). ◦ The value of beef and veal production is forecast to fall slightly, as a decline in export prices offsets an increase in the volume of beef produced. Despite the fall in price, returns are well above the historical average and supportive of farm profitability.

• The gross value of crop production is forecast to increase by 3 per cent to $31 billion in 2018-19, after a forecast decline of 11 per cent in 2017-18. ◦ The decline in 2017-18 follows record production of wheat, barley and canola in 2016-17 due to very favourable seasonal conditions during winter and spring. ◦ In 2018-19 the value of wheat, coarse grains and canola production is forecast to underpin growth in the value of total crop production. Wheat yields are assumed to improve (and to be around trend) following the frosts, above average temperatures and dry conditions during the winter of 2017. Area planted to coarse grains is forecast to increase due to strong global demand for feed and rotational constraints to planting pulses. Canola production is expected to increase as prices become comparatively favourable to the low coarse grain and falling pulse prices.

Commodity export forecasts • Export earnings from farm commodities are forecast to be $48.5 billion in 2018-19, slightly higher than the forecast $47 billion in 2017-18. • Export earnings for fisheries products are forecast to increase by 1 per cent in 2018-19 to $1.5 billion, after increasing by a forecast 5 per cent in 2017-18. • In 2018-19 export earnings are forecast to rise for canola (22 per cent), cotton (17 per cent), barley (12 per cent), lamb (9 per cent), wool (7 per cent), wheat (6 per cent), rock lobster (4 per cent) and live feeder/slaughter cattle (1 per cent). ◦ Forecast higher prices are a strong contributor to growth in export earnings. In Australian dollar terms, export prices of cotton (11 per cent), wheat (9 per cent), wool (4 per cent), barley (4 per cent), mutton (4 per cent), rock lobster (3 per cent), lamb (2 per cent) and cheese (1 per cent) are forecast to increase in 2018-19.

• Export earnings are forecast to decline in 2018-19 for chickpeas (54 per cent), sugar (11 per cent) and wine (2 per cent). Export earnings for beef and veal, cheese and mutton are forecast to be unchanged. ◦ The decline in export earnings for these commodities is driven by a fall in export prices. Prices for chickpeas (27 per cent), sugar (11 per cent) and wine (2 per cent) are forecast to fall due to increasing global supply and competition. Prices for beef and veal (3 per cent), live feeder/slaughter cattle (3 per cent) and canola (1 per cent) are also forecast to decline.

• In 2022-23 the value of farm exports is projected to be around $49.6 billion (in 2017-18 dollars), 8 per cent higher than the average of $46 billion over the five years to 2016-17 in real terms. ◦ The value of crop exports is projected to be $25.2 billion in 2022-23 (in 2017-18 dollars), 2.4 per cent higher than the average of $24.6 billion over the five years to 2016-17 in real terms. The value of livestock exports is projected to be $24.4 billion in 2022-23 (in 2017-18 dollars), 15 per cent higher than the average of $21 billion over the five years to 2016-17 in real terms.

Assumptions underlying this set of commodity forecasts

Forecasts of commodity production and exports are based on global and domestic demand and supply assumptions.

• On the demand side, stronger world economic growth will translate to higher per person incomes in most of Australia's export markets, supporting stronger demand. ◦ World economic growth is assumed to be 3.7 per cent in 2018 and 2019. From 2020 to 2023 economic growth is assumed to average 3.6 per cent. ◦ Economic growth in Australia is assumed to be 3 per cent in 2018-19 and over the medium term to 2022-23. ◦ The Australian dollar is assumed to average US76 cents in 2018-19, slightly lower than the forecast average of US78 cents in 2017-18. It is assumed to depreciate further to US74 cents in 2019-20 and remain at that level over the outlook period.

• On the supply side, agricultural production is assumed to be consistent with average seasonal conditions in Australia and globally. ◦ Seasonal conditions have significant implications for crop yields and livestock production cycles.

Corn fell to 389.36 USd/BU on August 1, 2025, down 1.19% from the previous day. Over the past month, Corn's price has fallen 9.29%, and is down 3.45% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn - values, historical data, forecasts and news - updated on August of 2025.

The revenue of the wheat market in Mali amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, wheat consumption continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Mali wheat consumption peaked at $X in 2015; however, from 2016 to 2018, consumption stood at a somewhat lower figure.

Germany Wheat Protein Market has valued at USD 181.56 Million in 2022 and is anticipated to project steady growth in the forecast period with a CAGR of 6.47% through 2028.

Overview
The September edition of Agricultural commodities contains ABARES latest outlook for Australia's key agricultural commodities in 2018-19, which updates the outlook released in June 2018.

Key Issues • In 2018-19 the value of farm production is forecast to be relatively unchanged at $60 billion. • Dry conditions are affecting agricultural production in eastern Australia, but strong forecast production in Western Australia, rising grain prices, high livestock prices and a lower Australian dollar are providing support to farm incomes. • Export prices are forecast to increase by around 3% in 2018-19, driven by a decline in the global supply of grains and strong demand for meat products. • Downside risks to Australian agriculture include uncertainty around the duration of the drought in impacted areas, the timing and amount of rain in other regions, and possible disruption to world agricultural markets stemming from protectionist trade measures. Commodity production forecasts
• The value of crop production is forecast to decrease by 3 per cent to $30 billion in 2018-19. ◦ The decline is expected to be driven by a forecast decline in area planted in the eastern states. Drought conditions across eastern Australia restricted planting opportunities for crops, such as barley, canola and wheat. ◦ Higher forecast prices for canola, coarse grains, cotton and wheat are expected to mitigate the impact of lower crop volumes on the value of production. ◦ Wine grape and sugar production are forecast to rise as producing areas have been less affected by drought. The value of sugar production is nevertheless forecast to decline due to weak international prices. ◦ Horticultural production has increased following a warm winter, boosting production of a range of fruits and vegetables

• The value of livestock production is forecast to increase by 2 per cent to $30 billion in 2018-19. ◦ Drought in the eastern states has increased cattle and sheep turn-off, lifting meat production and leading to a forecast reduction in herd size. ◦ Dairy production is forecast to increase, as processors continue to offer relatively high milk prices. However, the production response is likely to be dampened by increasing feed and fodder costs. ◦ Wool production is forecast to be lower, constrained by lower flock numbers and poor grazing conditions.

Commodity export forecasts
• Export earnings for farm commodities are forecast to be $47 billion in 2018-19, down 5 per cent from $49 billion in 2017-18 • The decline in export earnings is largely due to lower exportable supplies of canola, coarse grains, pulses and wheat and increased domestic demand for grain. Agricultural export prices, measured by the index of unit export returns, are forecast to increase by 3% in 2018-19. ◦ Export earnings are forecast to decline in 2018-19 for canola (down 39 per cent), coarse grains (24 per cent), wheat (10 per cent), sugar (9 per cent), wool (2 per cent) and wine (1 per cent). Export earnings for beef and veal and live feeder/slaughter cattle are unchanged.

• Export earnings are forecast to be supported by strong demand from Asia and advanced economies for Australian livestock and livestock products. Higher prices for wheat, coarse grains and cotton are also expected to support earnings. ◦ In 2018-19 export earnings are forecast to rise for lamb (up 17 per cent), rice (14 per cent), mutton (13 per cent), cotton (9 per cent), cheese (6 per cent) and rock lobster (3 per cent).

• Export earnings for fisheries products are forecast to increase by 2 per cent in 2018-19 to $1.6 billion, after increasing by an estimated 10 per cent in 2017-18.

Assumptions underlying this set of commodity forecasts

Forecasts of commodity production and exports are based on global and domestic demand and supply assumptions.

• On the demand side, stronger world economic growth will translate to higher per person incomes in most of Australia's export markets, supporting stronger demand. ◦ World economic growth is assumed to be 3.9 per cent in 2018 and 2019. ◦ Economic growth in Australia is assumed to be 3.0 per cent in 2018-19. ◦ The Australian dollar is assumed to average US74 cents in 2018-19, lower than the assumed average of US78 cents in 2017-18.

• On the supply side, Australian agricultural production prospects are assumed to be below average. ◦ Dry conditions are forecast to have significant implications for crop yields and livestock production cycles in the eastern states.

Uncertainties that could affect agricultural commodity production and export growth include supply shocks in Australia or international markets (such as natural disasters, drought and disease outbreaks) or unexpected economic events that affect trade and economic growth.

Boxes on agricultural issues

Evolving EU biodiesel policies

• Proposed changes to the EU renewable fuels policy could increase demand for Australia's canola exports in the short to medium term. • Since 2010-11 the European Union has been the largest export market for Australian canola. Most canola is imported to produce renewable transport fuel.

The global Torrified Wheat market is expected to reach a market valuation of US$ 1,569 million by 2023, recording a CAGR of 4.1% from 2023 to 2033.

How Has the Market Progressed So Far in 2022?

Scope of the Report

• Wheat Grass Powder Market Scope:

The report on Wheat Grass Powder Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. for the forecast years. The global wheat grass powder market is segmented on the basis of type, application and geography.

The global Wheat Grass Powder market was valued at US$ XX.X Mn in 2018 and is projected to increase significantly at a CAGR of x.x% from 2019 to 2028. Read More

The revenue of the wheat market in Tajikistan amounted to $X in 2018, stabilizing at the previous year. Overall, the total market indicated a prominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wheat consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Over the period under review, the wheat market reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Overview
The June edition of Agricultural commodities contains ABARES latest outlook for Australia's key agricultural commodities in 2018-19, which updates the outlook released in March 2018.

Overview • In 2018-19 the value of farm production is forecast to increase by 1.5 per cent to $61 billion. • An increase in global economic growth and declines in some global crop supplies are forecast to support average farm export unit values. • Downside risks to the Australian agricultural sector are the prolonged dry spell in some parts of Australia and economic and trade factors facing Australia'!!s key export markets. Commodity production forecasts
• The value of farm production is forecast to increase by 1.5 per cent to $61 billion in 2018-19. The value of farm production is around 11 per cent higher than the 10 year average of $55 billion (in 2017-18 dollars). • The value of livestock production is forecast to increase by 3 per cent to $30 billion in 2018-19. ◦ The value of lamb and wool production is forecast to contribute strongly to growth in the value of livestock production in 2018-19 because of strong forecast price growth. The volume of dairy production is expected to increase modestly, despite rising feed costs after consecutive years of low prices for grain and hay. The value of beef and veal production is forecast to fall, as declining saleyard prices more-than offset increases in the volume of beef produced.

• The value of crop production is forecast to remain unchanged at $31 billion in 2018-19. This follows an estimated decline of 8 per cent in 2017-18. ◦ In 2018-19 a change in the mix of grain crops is expected due to the combination of seasonal conditions, agronomic factors and relative prices. Delayed and inadequate autumn rainfall have reduced opportunities to plant canola and pulse crops. Prices of grains compared with prices of oilseeds and pulses are expected to add to incentives to plant barley and reduce canola and chickpea plantings. ◦ In 2018-19 the value of wheat and coarse grains production is forecast to underpin growth in the value of total crop production.

Commodity export forecasts
• Export earnings for farm commodities are forecast to be $47 billion in 2018-19, down 2 per cent from $48 billion in 2017-18. • The net decline in export earnings is largely due to lower exportable supplies of coarse grains, pulses and canola and increased domestic demand for grain. The pace of growth of international prices for beef and veal and other livestock products is also expected to slow as competition increases. ◦ Export earnings are forecast to decline in 2018-19 for chickpeas (down 59 per cent), coarse grains (36 per cent), canola (18 per cent), sugar (8 per cent), mutton (6 per cent) and rock lobster (1 per cent). Export earnings for live feeder/slaughter cattle are unchanged.

• Export earnings are forecast to be supported by strong demand from Asia and advanced economies for Australian livestock and livestock products. Higher prices for wheat, coarse grains and cotton are also expected to support earnings. ◦ In 2018-19 export earnings are forecast to rise for cotton (up 18 per cent), lamb (10 per cent), wool (9 per cent), wheat (6 per cent), beef and veal (2 per cent), dairy products (1 per cent) and wine (1 per cent).

• Export earnings for fisheries products are forecast to increase by 1 per cent in 2018-19 to $1.6 billion, after increasing by an estimated 10 per cent in 2017-18.

Assumptions underlying this set of commodity forecasts

Forecasts of commodity production and exports are based on global and domestic demand and supply assumptions.

• On the demand side, stronger world economic growth will translate to higher per person incomes in most of Australia's export markets, supporting stronger demand. ◦ World economic growth is assumed to be 3.9 per cent in 2018 and 2019. ◦ Economic growth in Australia is assumed to be 2.8 per cent in 2018-19. ◦ The Australian dollar is assumed to average US76 cents in 2018-19, slightly lower than the assumed average of US78 cents in 2017-18.

• On the supply side, Australian agricultural production prospects are assumed to be slightly below average. ◦ Seasonal conditions have significant implications for crop yields and livestock production cycles.

Uncertainties that could affect agricultural commodity production and export growth include supply shocks in Australia or international markets (such as natural disasters, drought and disease outbreaks) or unexpected economic events that affect trade and economic growth.

In fiscal year 2024, the procurement price of wheat across India was over 2,275 Indian rupees per quintal. This was an increase compared to the previous year's procurement price. During fiscal year 2023, the export value of wheat from the south Asian nation amounted to over 1,519 million U.S. dollars.

Market Overview:

The global Packaged Shredded Wheat Cereal market is expected to grow at a CAGR of 5.5% during the forecast period, 2018-2028. The growth in the market can be attributed to the increasing demand for healthy breakfast options and to raising awareness about the benefits of consuming shredded wheat cereal. Based on type, the global packaged shredded wheat cereal market is segmented into bite-sized and full-sized. The bite-sized segment is expected to account for a larger share of the market during the forecast period, owing to its convenience and easy portability. Based on application, the global packaged shredded wheat cereal market is segmented into convenience stores, supermarkets/hypermarkets, and others (online retailers/e-commerce websites).

Product Definition:

Packaged Shredded Wheat Cereal is a type of breakfast cereal that is made from whole wheat that has been shredded or ground into smaller pieces. It is often eaten with milk and can be flavored with sugar or other sweeteners. The growth in the market can be attributed to the increasing demand for healthy breakfast options and to raising awareness about the benefits of consuming shredded wheat cereal.

Bite-sized:

Bite-sized is a new term in the packaged shredded wheat cereal sales market. It was first used by Kellogg in its marketing of Rice Krispies Treats, which are basically little pieces of rice coated with sugar and an outer layer of chocolate. The company has since expanded the concept to include other products such as Pop-Corn Puffs, Honey Smacks, etc., alluding to their small size and taste without compromising on nutrition facts.

Full-sized:

Full-sized is a term used for referring to the common or standard size of cereal grains. It is also known as standard wheat or common wheat. Full-sized cereals are those that have been harvested and processed in the same way as for producing regular flour, i.e., without any special treatment other than drying at a normal temperature and speed (60°C/90°F).

Application Insights:

The convenience stores application segment accounted for the largest revenue share of over 40% in 2017. Growing urbanization has led to an increase in the number of convenience stores, which provide packaged foods including cereals as part of their breakfast menu. Supermarkets/hypermarkets are the second-largest application segment and are expected to grow at a CAGR of over five percent during the forecast period. The other application segment, which includes online retailers/e-commerce websites, is expected to be the fastest-growing application segment during the forecast period. The segment includes Amazon and Alibaba, which sell a wide variety of products including food items such as cereals online.

Regional Analysis:

North America was the largest regional market in the year 2019 owing to growing health concerns among consumers and rising awareness about nutritious food products. The region is expected to maintain its dominance over the forecast period as well. The Asia Pacific is estimated to be the fastest-growing regional market from 2020 to 2028 due to increasing disposable income levels, changing lifestyles, and the availability of a wide variety of packaged cereals in this region. Moreover, growing health concerns are projected to further boost product demand over the forecast period.

Growth Factors:

• Increasing demand for healthy breakfast options: A growing number of people are becoming health conscious and are looking for healthier breakfast options. Packaged shredded wheat cereal is a nutritious and healthy option that is gaining popularity among consumers.
• Rising disposable income: The increasing disposable income of consumers is enabling them to spend more on premium food products such as packaged shredded wheat cereal.
• Growing awareness about the benefits of eating whole grains: There is a growing awareness among consumers about the health benefits of eating whole grains, such as fiber, vitamins, minerals, and antioxidants. This is driving demand for packaged shredded wheat cereal products.
• Innovative product offerings: Cereal manufacturers are introducing innovative product offerings in order to appeal to different segments of the population. This helps boost sales growth for packaged shredded wheat cereal products.

Report Scope

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Flour Market Size 2024-2028

The flour market size is forecast to increase by USD 41.16 billion at a CAGR of 4.36% between 2023 and 2028.

The market is witnessing significant growth due to the increasing demand for bakery items, particularly in the US and North America. This trend is driven by the rising preference for convenient and ready-to-eat food options. Soya flour is used as a protein source in various industries, while flavored flours add taste and variety to food products. Additionally, flour is used In the production of bioplastics and glue, further expanding its applications. However, the market faces challenges due to the high manufacturing and production costs associated with the fermentation process of wheat flour. These costs can be attributed to the use of expensive raw materials and the energy-intensive production process. Despite these challenges, the market is expected to continue its growth trajectory, driven by the increasing consumer preference for bakery products and the growing trend towards healthier food options. The market analysis report provides a comprehensive study of these trends and growth factors, offering valuable insights to stakeholders and industry participants.

What will be the Size of the Flour Market During the Forecast Period?

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The market encompasses a diverse range of grains, including wheat, corn, and others, that are processed into various forms such as wheat flour, corn flour, and clean-label flours. Key applications include bakery items like bread and pastries, as well as fried food, fast food, and the production of noodles, pasta, and other wheat-based products. Demand for flour is driven by the growing popularity of baked goods and clean-label foods, particularly whole grain varieties.

How is this Flour Industry segmented and which is the largest segment?

The flour industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2017-2022 for the following segments.

Type

  Wheat
  Maize/corn
  Rice


Application

  Bakery products
  Noodles and pasta
  Biscuits/waffles/wafers
  Others


Geography

  APAC

    China
    India


  Europe

    Germany
    France


  North America

    US


  South America



  Middle East and Africa

By Type Insights

The wheat segment is estimated to witness significant growth during the forecast period.

Wheat flour, derived from wheat, is a fundamental ingredient in baking, contributing to the structure, texture, and taste of various baked goods. The global bakery industry's growth, driven by the rising consumption of bread, cakes, pastries, and other baked items, fuels the demand for wheat flour. Consumers' modern and urban lifestyles, with an increasing preference for convenience foods like fast food and fried items, also contribute to the market's expansion. Health concerns, such as gluten intolerance and celiac disease, have led to the development of alternative flours, including rice, maize, oat, rye, and soya, further broadening the market scope. The baking industry's growth, driven by the millennial generation's spending on food and the emergence of new clean-label and fiber-rich food products, also presents significant opportunities.

The market encompasses various applications, including baked goods, pet food, bio-plastics, glue, roux, baby food, and various food processing technologies, such as dry and wet. The market's growth is influenced by factors like the urban population's increasing working population, the cereal-based foods' popularity, and the growing demand for clean-label and whole-grain foods.

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The Wheat segment was valued at USD 125.13 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 42% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in Asia Pacific is experiencing significant growth due to several key factors. Increasing health concerns and urbanization are major drivers, leading to a rise in demand for fiber-rich, low-sugar, and low-calorie food products. Consumers in this region have diverse tastes and preferences, necessitating the production of a wide range of flour types, including wheat, rice, maize, oat, rye, and durum. Key countries contributing to market growth are China, India, the Philippines, Thailand, and Vietnam. The bakery and pet food industries are significant consumers of flour, while it also finds applications In th

Snapshot img

Wheat Protein Market Size 2024-2028

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 experiencing significant growth due to the rising trend of veganism and vegetarianism, fueled by the increasing health consciousness and ethical concerns among consumers. This shift in dietary preferences is driving the demand for plant-based protein sources, with wheat protein emerging as a popular alternative to animal-derived proteins. Additionally, the convenience of online shopping has enabled easier access to these products, further expanding their reach. However, the market faces challenges as well. The presence of substitutes, such as soy and pea proteins, poses a threat to the growth of the market. These alternatives have been established in the market for a longer time and enjoy a larger consumer base.
To capitalize on opportunities and navigate challenges effectively, companies in the market need to focus on product innovation, pricing strategies, and expanding their distribution networks. By addressing these challenges and leveraging the growing demand for plant-based proteins, market participants can tap into the significant potential of the market.

What will be the Size of the Wheat Protein Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, driven by the diverse applications and dynamic market dynamics. Wheat proteins, derived from various extraction methods such as alkaline extraction and solvent extraction, play a pivotal role in pasta production, enhancing dough strength and ensuring optimal texture. In the functional food sector, these proteins serve as vital ingredients, contributing to the development of protein-fortified foods. Protein purification techniques, including protein hydrolysis and enzymatic hydrolysis, have emerged as crucial processes to enhance the functional properties of wheat proteins. These methods enable the production of protein isolates, concentrates, and hydrolysates, which exhibit superior foaming properties, emulsifying abilities, and improved nutritional value.

Wheat proteins' versatility extends to the bakery sector, where they contribute to superior bread making quality and improved texture in various baked goods. Additionally, they find applications in confectionery, contributing to texture improvement and viscosity modification. Sustainability remains a key focus in the market, with wheat proteins emerging as a viable and sustainable protein source. The ongoing research and development in protein modification aim to enhance the nutritional value, water binding capacity, and digestibility of wheat proteins. The market's continuous evolution is further highlighted by the expanding applications in sectors such as meat analogue production and plant-based protein alternatives.

The functional properties of wheat proteins, including their gelation properties and amino acid profile, make them an attractive alternative to traditional animal-derived proteins. In summary, the market is characterized by its dynamic nature, with ongoing research and development driving the evolution of protein extraction methods, functional properties, and applications across various sectors. The focus on sustainability and nutritional value further underscores the market's continuous growth and innovation.

How is this Wheat Protein Industry segmented?

The wheat protein industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Wheat gluten
  Wheat protein isolate
  Textured wheat protein
  Others


Distribution Channel

  B2B
  Supermarkets and Hypermarkets
  Online Retail
  Health Food Stores


End-User

  Food Manufacturers
  Fitness Industry
  Household


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  Middle East and Africa

    UAE


  APAC

    Indonesia
    Malaysia
    South Korea
    Thailand


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The wheat gluten segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth, with wheat gluten being the largest segment. Wheat gluten, a co-product of wheat flour, is utilized to enhance bread-making properties due to its rheological advantages. The increasing preference for plant-based alternatives to meat and soy, coupled with the growing awareness of vegan and vegetarian diets, is fueling the demand for wheat gluten. Furthermore, the trend toward high-protein diets and changi

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Spelt Market Size and Trends

The spelt market size is forecast to increase by USD 11.79 billion, at a CAGR of 3.7% between 2023 and 2028. The market is witnessing significant growth due to changing consumer preferences towards healthier food options. Organic farming practices are increasingly being adopted to produce spelt cereals, including common spelt, red spelt, and green spelt, which are rich in flavor and nutritional value. These grains are finding extensive applications in the food and beverage industry, particularly in baked goods, pastas, and brewing. Moreover, the demand for spelt is expanding beyond food and beverage to include skincare products, haircare products, dietary supplements, nutraceuticals, and animal feed. The growing popularity of these applications is driving the market's expansion. Additionally, the increasing use of online stores, health food stores, and specialty stores as sales channels is facilitating the market's growth. However, the market faces challenges due to the shortage of spelt, which is limiting its production and availability. Despite this, the market is expected to continue its growth trajectory, driven by the increasing demand for natural and organic products.

Market Analysis

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Spelt, an ancient grain, has gained considerable attention in the nutritious food market due to its numerous health benefits and sustainable production methods. This grain, a type of hulled wheat, has been a staple in European diets for centuries and is now regaining popularity in North America. Spelt is rich in essential nutrients, including fiber, proteins, vitamins, and minerals. Its high fiber content makes it an excellent choice for promoting digestive health, alleviating constipation, and preventing conditions such as diverticulitis. Moreover, spelt is a valuable source of vitamin niacin, which plays a crucial role in energy production and the synthesis of sexual hormones. Thiamin, another essential vitamin present in spelt, aids in psychological stress reduction. Spelt is a nutrient-dense food, offering various health advantages. Its fiber content makes it an effective digestive regulator, ensuring proper nutrient absorption and maintaining overall gut health.

Furthermore, spelt contains a decent amount of protein, making it a suitable alternative for individuals following gluten-free diets due to celiac disease or intolerances. Spelt's popularity extends beyond its nutritional benefits. The grain is grown using sustainable agriculture practices, which minimize the use of synthetic fertilizers and pesticides. This eco-friendly approach not only benefits the environment but also ensures the production of organic products that are free from harmful additives. The increasing health consciousness among consumers and the demand for sustainable food options have contributed to the growth of the spelt market. Consumers are increasingly seeking nutrient-rich, gluten-free alternatives, making spelt an attractive choice. Furthermore, the growing awareness of the importance of fiber in maintaining overall health has led to a rise in demand for high-fiber foods, including spelt.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.

Product

  Conventional spelt
  Organic spelt


Geography

  Europe

    Germany
    UK
    France
    Italy


  North America

    Canada
    US


  APAC

    China
    India
    Japan
    South Korea


  South America



  Middle East and Africa

By Product Insights

The conventional spelt segment is estimated to witness significant growth during the forecast period. The market is witnessing significant growth due to several key factors. One of the primary reasons is the increasing availability of this ancient grain. With the rising consumer interest in spelt, more farmers are shifting towards its cultivation, leading to a supply shortage in certain regions. Price is another significant factor driving the conventional spelt market. Price-conscious consumers often opt for conventional spelt products due to their affordability. Moreover, the food and beverage industry's growing demand for spelt is anticipated to boost the segment's growth during the forecast period.

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The conventional spelt segment was valued at USD 33.38 billion in 2018. Spelt, a type of ancient wheat, is gaining popularity in various industries, including food and beverage, skincare products, haircare products, dietary supplements, nutraceuticals, animal feed, and flour. Commonly available in three varieties - red spelt, green spelt, and white spelt - spelt's unique flavor and nutritional benefits make it a preferred

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