Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Rice Protein Market Size is Expected to Grow from USD 790.6 Million in 2023 to USD 1030.9 Million by 2033, at a CAGR of 2.69% during the forecast period 2023-2033.
Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages And In-Depth TOC On The Global Rice Protein Market Size, Share, And COVID-19 Impact Analysis By Segregation (Organic Rice Protein, and Processed Rice Protein), By Product (Rice Protein Isolates, Rice Protein Concentrates, and Others), By Source (Brown Rice, White Rice, and Others), By Application (Food and Beverages, Pharmaceuticals, Cosmetics, and Animal feed), And By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, And Africa), Analysis And Forecast 2023-2033.
A common alternative to soy and whey protein isolates is rice protein, a plant-based protein made from rice. It is a high-quality protein that has all 20 necessary and non-essential amino acids and is gluten-free. Demand for protein supplements has increased due to the growing fitness and wellness movement; rice protein is preferred due to its balanced amino acid profile and good digestion. Customers who care about the environment are especially drawn to rice protein manufacturing since it uses less water and land than animal-based proteins. Furthermore, this is because of the high protein concentration of rice protein, the sports nutrition industry has been recognized as a prospective business segment. The paper also highlights the importance of the clean label movement, highlighting rice protein as a minimally processed, natural ingredient. However, the market faces several difficulties, including reduced protein content, restrictions on flavor and texture, competition from other protein sources, supply chain and sourcing issues, pricing pressures, a complex regulatory environment, and the requirement for consumer education and awareness.
The organic rice protein segment is expected to dominate the market with the largest revenue share over the forecast period.
Based on the segregation, the global rice protein market is divided into organic rice protein, and processed rice protein. Among these, the organic rice protein segment is expected to dominate the market with the largest revenue share over the forecast period. Organic goods, which are thought to be more ecologically friendly and healthful. This is because organic rice protein is devoid of artificial fertilizers and pesticides, it fits nicely with the clean-label movement and the growing desire for natural and minimally processed foods. Organic rice protein is favored by producers and consumers who are health-conscious due to its superior flavor profile and higher nutritional value compared to traditional choices.
The rice protein isolates segment is expected to hold the largest share of the global rice protein market over the forecast period.
Based on the product, the global rice protein market is divided into rice protein isolates, rice protein concentrates, and others. Among these, the rice protein isolates segment is expected to hold the largest share of the global rice protein market over the forecast period. This is explained by their high protein content and exceptional functional qualities, which make them ideal for a variety of applications. These qualities include good solubility and emulsification. This is because these isolates offer a complete amino acid profile, which has been widely employed in the food and beverage sector, especially in protein bars, shakes, and other nutritious items. The popularity of rice protein isolates has also been boosted by the rising demand for clean-label and allergy-free protein sources.
The brown rice segment is expected to hold the largest share of the global rice protein market over the forecast period.
Based on the source, the global rice protein market is divided into brown rice, white rice, and others. Among these, the brown rice segment is expected to hold the largest share of the global rice protein market over the forecast period. This prevalence is ascribed to its great digestibility, hypoallergenic qualities, and comprehensive amino acid profile, which make it a popular option for consumers with dietary restrictions and those who are health-conscious. The market for brown rice protein was further supported by the growing demand for plant-based protein sources, which was fueled by the growing acceptance of vegan and vegetarian diets.
The food and beverages segment is expected to hold the largest share of the global rice protein market over the forecast period.
Based on the application, the global rice protein market is divided into Food and Beverages, Pharmaceuticals, Cosmetics, and Animal feed. Among these, the food and beverages segment is expected to hold the largest share of the global rice protein market over the forecast period. The growing demand from consumers for protein sources that are free of allergies and plant-based. Rice protein is the perfect ingredient for a variety of items, such as protein bars, drinks, dairy substitutes, and baked goods, due to its nutritional advantages and versatility. The use of rice protein in the food and beverage sector has been further stimulated by the growing trend towards health and wellness as well as the growing acceptance of vegan and vegetarian diets.
North America is estimated to hold the largest share of the global rice protein market during the forecast period.
North America is expected to hold the largest share of the global rice protein market during the forecast period. Plant-based and allergy-free protein sources are in high demand, and consumer awareness of health and well-being is rising. The market's expansion in North America has been greatly aided by the growing acceptance of vegan and vegetarian diets as well as the extensive use of rice protein in a variety of products, including food and drink, sports nutrition, and nutritional supplements. Furthermore, the region's dominant position has been strengthened by the presence of important market participants and continuous advancements in product development.
Europe is expected to hold the largest share of the global rice protein market during the forecast period. The market's expansion is further aided by the region's significant emphasis on ethical and sustainable food production methods. Europe's appeal in the rice protein market is also influenced by the growing acceptance of vegetarian and vegan diets, as well as the protein's many uses in food and drink, sports nutrition, and dietary supplements.
Company Profiling
Major vendors in the global rice protein market are RiceBran Technologies, AIDP, Bioway Organic Group Limited, Golden Grain Group Limited, Shafi Gluco Chem Pvt. Ltd., Cambridge Commodities, Top Health Ingredients, The Green Labs LLC, NutriBiotic, Z-COMPANY, Kerry Group plc., BENEO, Axiom Foods, Inc., Sweet Additions, and Others.
Key Target Audience
Key Market Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global rice protein market based on the below-mentioned segments:
Global Rice Protein Market, Type Segregation
Global Rice Protein Market, Product
Global Rice Protein Market, Source
Global Rice Protein Market, Application
Global Rice Protein Market, By Regional
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