Wheat Gluten Market

The global wheat gluten market is forecasted to see growth in consumption and value from 2022 to 2030, with a projected CAGR of +3.1% in volume and +6.3% in value. Consumption of wheat gluten decreased in 2022 after two years of growth, reaching 1.3M tons. The market value expanded to $2.3B in 2022. The United States, Norway, and France were the top consuming and importing countries. China, France, and Belgium were the top producers. Overall, global production, imports, and exports of wheat gluten have shown growth trends over the last decade, with fluctuations in certain years.

Market Forecast

Driven by rising demand for wheat gluten worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +3.1% for the period from 2022 to 2030, which is projected to bring the market volume to 1.7M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +6.3% for the period from 2022 to 2030, which is projected to bring the market value to $3.8B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Wheat Gluten

In 2022, consumption of wheat gluten decreased by -6.8% to 1.3M tons, falling for the second consecutive year after two years of growth. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak volume of 1.6M tons. From 2015 to 2022, the growth of the global consumption failed to regain momentum.

The global wheat gluten market value expanded markedly to $2.3B in 2022, picking up by 7.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Global consumption peaked at $2.3B in 2014; afterwards, it flattened through to 2022.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were the United States (235K tons), Norway (206K tons) and France (164K tons), with a combined 47% share of global consumption. The Netherlands, Australia, the UK, Italy, Belgium, Canada, Brazil, Turkey, Japan and South Korea lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by South Korea (with a CAGR of +40.4%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($449M), Norway ($368M) and France ($323M) appeared to be the countries with the highest levels of market value in 2022, with a combined 50% share of the global market. Australia, the Netherlands, Italy, the UK, Belgium, Canada, Japan, Brazil, Turkey and South Korea lagged somewhat behind, together comprising a further 27%.

Among the main consuming countries, South Korea, with a CAGR of +42.6%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of wheat gluten per capita consumption was registered in Norway (38 kg per person), followed by the Netherlands (4.9 kg per person), Belgium (3.5 kg per person) and France (2.4 kg per person), while the world average per capita consumption of wheat gluten was estimated at 0.2 kg per person.

From 2012 to 2022, the average annual rate of growth in terms of the wheat gluten per capita consumption in Norway totaled +7.1%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: the Netherlands (-3.6% per year) and Belgium (-12.1% per year).

Production

World Production of Wheat Gluten

In 2022, global wheat gluten production reached 1.2M tons, therefore, remained relatively stable against the year before. The total output volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 11% against the previous year. Global production peaked at 1.2M tons in 2019; afterwards, it flattened through to 2022.

In value terms, wheat gluten production expanded modestly to $1.9B in 2022 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 15%. Over the period under review, global production hit record highs at $1.9B in 2018; afterwards, it flattened through to 2022.

Production By Country

The countries with the highest volumes of production in 2022 were China (229K tons), France (209K tons) and Belgium (167K tons), with a combined 49% share of global production. Australia, Germany, Russia, Lithuania, the UK, Austria, Poland, Italy and Hungary lagged somewhat behind, together comprising a further 45%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +608.7%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Wheat Gluten

After two years of growth, supplies from abroad of wheat gluten decreased by -7% to 1.2M tons in 2022. The total import volume increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. Global imports peaked at 1.3M tons in 2021, and then reduced in the following year.

In value terms, wheat gluten imports surged to $2.1B in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 25%. Over the period under review, global imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports By Country

The United States (245K tons), Norway (206K tons) and the Netherlands (142K tons) represented roughly 48% of total imports in 2022. It was distantly followed by France (77K tons), comprising a 6.2% share of total imports. The following importers - Belgium (51K tons), the UK (36K tons), Canada (32K tons), Australia (32K tons), Turkey (31K tons), Brazil (24K tons), Germany (24K tons), Poland (23K tons) and Japan (22K tons) - together made up 23% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +31.7%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest wheat gluten importing markets worldwide were the United States ($485M), Norway ($380M) and the Netherlands ($115M), with a combined 46% share of global imports. France, Belgium, the UK, Australia, Turkey, Japan, Brazil, Germany, Canada and Poland lagged somewhat behind, together comprising a further 29%.

Poland, with a CAGR of +35.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average wheat gluten import price amounted to $1,725 per ton, picking up by 25% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($2,389 per ton), while the Netherlands ($809 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Wheat Gluten

Global wheat gluten exports expanded modestly to 1.2M tons in 2022, with an increase of 1.8% on the previous year. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +101.2% against 2012 indices. The most prominent rate of growth was recorded in 2014 with an increase of 20% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, wheat gluten exports surged to $2.2B in 2022. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 26% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports By Country

The shipments of the five major exporters of wheat gluten, namely China, Belgium, Germany, France and Australia, represented more than two-thirds of total export. It was distantly followed by the Netherlands (57K tons), generating a 4.9% share of total exports. Poland (50K tons), Austria (46K tons), Russia (44K tons), Lithuania (41K tons), the UK (39K tons) and Hungary (18K tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +88.0%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($409M), Belgium ($288M) and Australia ($282M) constituted the countries with the highest levels of exports in 2022, with a combined 45% share of global exports. Germany, France, Poland, Russia, Austria, Lithuania, the Netherlands, the UK and Hungary lagged somewhat behind, together comprising a further 45%.

Hungary, with a CAGR of +83.0%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average wheat gluten export price stood at $1,866 per ton in 2022, with an increase of 23% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($2,444 per ton), while the Netherlands ($1,306 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform