Canada Wheat Protein Market 2018-2023 - Size, Trends, Competitive Analysis and Forecasts

Canada is also highly developed in terms of processing techniques. Due to close relation with the U.S. the research institutes, companies and the Government work in close collaboration to develop the cutting-edge processing techniques with low cost and high-quality output. The market of wheat protein in the Canada has around 23% of market share of total North American wheat protein market. Factors such as rising trend of plant-based protein consumption, increasing vegan and vegetarian population and high demand of supplement products projects the market revenue of wheat protein to reach at $0.36 billion by 2023, registering a CAGR of 4.9% during the period of forecast.

The market of plant protein in the country has recorded a significant boost in past few years. The demand of food products containing less fat and natural ingredients has also been growing rapidly due to increase in trend of veganism and vegetarianism. Wheat protein is free of lactose and does not contain GMO, hence it is preferred source of ingredients in food products designed for lactose sensitivity. Moreover, some types of wheat protein such as wheat gluten is considered to have low processing cost compared to other types of plant-based proteins. The cost advantage is pushing the market of wheat gluten over other plant protein types resulting in increase in application of wheat protein and is expected to reach $0.07 billion by 2023.

The dietary supplements industry in the country is growing at a rapid rate with increasing population indulging in fitness and physical activities. This has created an opportunity for plant-based protein ingredients for producing wide range of supplement products. The market share of application of wheat protein across the dietary supplement industry represents 20% of total application of wheat protein across different segments. The applications of wheat protein are continuously being explored to produce range of different drinks, foods and other items. This will lead to market revenue of wheat protein application across dietary supplements industry to grow at a rapid rate of 5.5% during 2018 to 2023.

Though the local demand of wheat protein is mainly dependent on the U.S., Canada is also equipped with major plant-based protein producers like Permolex. In coming years, many other plant-based protein producers are planning to enter into the market of wheat industry by investing in know-how, production facility expansion and product launch.

Key Deliverables

• Market trends since 2014 and five year forecasts of market growth


• Detailed analysis of the micro and macro elements influencing demand trends


• Identifying opportunity spaces across segments and countries


• Supply & demand side trend and analysis


• Price trend analysis, investment prospects and competition pattern


• Insights on growth potential of the market


• Detailed analysis of major producers covering financial investments & strategies adopted


• Competitive landscape of the industry