The Global Organic Rice Protein Market Size is valued at 112.71 million in 2022 and is predicted to reach 560.61 million by the year 2031 at an 19.67% CAGR during the forecast period for 2023-2031.
In place of animal and dairy-based proteins, organic protein from rice is a plant-based protein. The rice protein is predominantly taken from brown rice after being treated with enzymes, isolating the rice's carbs and proteins.
One of the essential components fueling the expansion of the global market for Organic Rice Protein is the rising demand for plant-based protein in sports and energy supplements. The lack of customer perception of the manufacturer's benefits in developing countries and the ease of availability of other plant proteins are projected to hinder the market for Organic Rice Protein during the aforementioned predicted timeframe.
Moreover, the global rice protein market is also expanding due to rising health consciousness and customer interest in health benefits products. Some of the most significant influences that will presumably expedite the growth of the Organic Rice Protein market in the anticipated timeframe include the rise in plant proteins, allergen, non-GMO, and meatless products, as well as rising consumer awareness due to the products' health benefits. These variables also include a rise in patients seeking treatment because of greater protein levels, increased demand for sports nutrition supplements, and the prevalence of legislation that supports product labelling.
Additionally, due to growing customers' preferences for natural food ingredients and increasing levels of investment in research and development activities, the market for Organic Rice Protein is anticipated to grow throughout the period covered by the prediction above.
Recent Developments:
- In June 2022-Two novel natural rice proteins were introduced by Roquette under its Nutralys brand.
- Milk Specialties Global (Eden Prairie, Minnesota) is releasing PROriz, a brown rice protein. The protein is obtained and manufactured in the United States without the use of hexane. The end result is a low-grit, neutral-tasting, free-flowing powder containing eighty percent protein and all nine necessary amino acids.
Competitive Landscape:
Some of the major key players in the Organic Rice Protein market are:
- Axioms Foods (US)
- AIDP, Inc. (US)
- RiceBran Technologies (US)
- Shaanxi Fuheng (FH)
- Biotechnology Co.Ltd. (China)
- Shafi Gluco-Chem (Pvt.) Ltd. (Pakistan)
- Golden Grain Group Limited (China)
- Ribus, Inc. (US)
- Top Health Ingredients, Inc. (Canada)
- Green Labs
- Bioway (Xi'an)
- Organic Ingredients Co. Ltd. (China).
Market Segmentation:
The Organic Rice Protein market is segmented based on type, application and form. Based on type, the market is segmented as rice protein isolate, rice protein concentrate, and others. Based on application, the market is segmented as sports & energy nutrition drinks, beverages, dairy alternatives, bakery & confectionery, meat analogs & extenders and others (soups, sauces, salad dressings, spices, pasta, frozen fruits, breakfast, flavour enhancements & savory flavors, infant formula. Based on form, the market is segmented as dry and liquid.
Based on type, the rice protein isolates segment is a major contributor to the Organic Rice Protein market
The rice protein isolates category will hold a major share of the global Organic Rice Protein market in 2021. The product's most popular form, rice protein isolates, is anticipated to account for the biggest share of the market throughout the projected period. It is also employed as a flavor enhancer in the food and beverage industries. Concentrates made from rice protein should see rapid growth. The substance has many applications in the food and beverage industry, including emulsification, dissolving, stiffness, foaming, and gelation. Due to its plant-based composition, it is also preferred by consumers who cannot tolerate lactose.
The dairy alternatives segment witnessed growth at a rapid rate
The dairy alternatives segment is projected to proliferate in the global Organic Rice Protein market. The Organic Rice Protein used to make dairy products is an excellent substitute for products made from animal milk or other vegan options like whey or soy protein, according to the worldwide dairy market. In contrast to cow's milk or milk protein isolate, it is recognized as being endotoxin. India consumed more than 200 million metric tonnes of milk overall., especially in countries such as the US, Germany, the UK, China, and India.
The North American Organic Rice Protein market holds a significant regional revenue share
The North American Organic Rice Protein market is expected to register the highest market share in revenue soon. Because there are many market players in the area, consumers are paying more attention to fitness and sports. It is due to the substantial consumer interest in sports and fitness, particularly in the US and Canada. The product has gained traction in the market thanks to the presence of significant manufacturers in the area. In addition, Asia Pacific is projected to proliferate in the global Organic Rice Protein market. Significant investments have been made in the manufacturing sector, which would significantly influence the need for other industries. Furthermore, it is expected that the demand for Organic Rice Protein in APAC will rise due to rising customer interest in natural food ingredients due to current health problems.
Organic Rice Protein Market Report Scope:
|
Report Attribute |
Specifications |
|
Market size value in 2022 |
USD 112.71 million |
|
Revenue forecast in 2031 |
USD 560.61 million |
|
Growth rate CAGR |
CAGR of 19.67% from 2023 to 2031 |
|
Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2023 to 2031 |
|
Historic Year |
2019 to 2022 |
|
Forecast Year |
2023-2031 |
|
Report coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments covered |
Type, Application and Form |
|
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
|
Competitive Landscape |
Axioms Foods (US); AIDP, Inc. (US); RiceBran Technologies (US); Shaanxi Fuheng (FH) Biotechnology Co.Ltd. (China); and Shafi Gluco-Chem (Pvt.) Ltd. (Pakistan); Golden Grain Group Limited (China); Ribus, Inc. (US); Top Health Ingredients, Inc. (Canada); Green Labs; and Bioway (Xi'an) Organic Ingredients Co. Ltd. (China) |
|
Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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