United Kingdom Rice Protein Market Size, Share, and COVID-19 Impact Analysis, By Source (Organic rice protein and Inorganic rice protein), By Product Type (Protein isolates and Protein concentrates), By Application (Animal feed, Cosmetics, Food & beverages, Pharmaceutical, and Others), and United Kingdom Rice Protein Market Insights, Industry Trend, Forecasts to 2033
Industry: Food & BeveragesUnited Kingdom Rice Protein Market Insights Forecasts to 2033
- The U.K. Rice Protein Market Size was valued at USD 20.90 Million in 2023.
- The U.K. Rice Protein Market Size is Growing at a CAGR of 8.01% from 2023 to 2033
- The U.K. Rice Protein Market Size is Expected to reach USD 45.15 Million by 2033
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The United Kingdom Rice Protein Market Size is anticipated to Exceed USD 45.15 Million by 2033, Growing at a CAGR of 8.01% from 2023 to 2033. The growing nation’s cosmetics demand, health & wellness trends, demand for plant-based proteins, and rising fitness & sports nutrition industry are driving the growth of the rice protein market in the UK.
Market Overview
Rice protein market is the market involving the production, distribution, and consumption of protein derived from rice, which is driven by the demand for protein-based protein, especially among health-conscious consumers. Rice protein is a vegan protein isolate made from rice, often used as an alternative to the more common whey and soy protein isolates. There is an increasing awareness of the protein content in white and brown rice along with a growing need for the protein powder of rice in the food manufacturing sector. Rice protein is extensively used in a variety of meals and drinks, energy and sports supplements, infant feeding formulations, and animal & pet diets. Further, it can be suitably used among individuals with specific dietary restrictions or sensitivities due to its hyperallergenic nature, gluten-free compositions, and ease of digestion. The trend of protein-infused food products and the promotion of the advantages of protein-infused foods for improving one’s health is escalating the new growth opportunities in the rice protein market.
Report Coverage
This research report categorizes the market for the UK rice protein market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom rice protein market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the UK rice protein market.
United Kingdom Rice Protein Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023 : | USD 20.90 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 8.01% |
2033 Value Projection: | USD 20.90 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 177 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Source, By Product Type, By Application |
Companies covered:: | BULK POWDERS, Indigo Herbs Ltd ., Impact Foods International Ltd., Pulsin Ltd., KoRo, Golden Greens Organic Ltd ., Roquette Feres, The BakeRite Company, and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
The country’s cosmetic demand for rice protein is growing, driven by the consumer awareness of plant-based ingredients and rising health-conscious consumers are driving the rice protein market. The growing health and wellness trends are driving the rice protein market due to rice protein’s high digestibility and balanced amino acid. The significant surge in the adoption of plant-based diets and consumer inclination toward sustainable and health-conscious eating habits are contributing to driving the market demand. The rising fitness & sports nutrition industry is also responsible for driving the demand for rice protein due to its excellent amino acid profile and digestibility, which makes it a popular choice for muscle recovery and growth, thereby propelling the market.
Restraining Factors
The limited awareness about rice protein and its nutritional value, as well as competition from alternative protein sources, are restraining the rice protein market. Further,
Market Segmentation
The United Kingdom rice protein market share is classified into source, product type, and application.
- The organic rice protein segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period.
The United Kingdom rice protein market is segmented by source into organic rice protein and inorganic rice protein. Among these, the organic rice protein segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period. Organic rice protein is typically obtained from brown rice by treating it with enzymes, which results in the separation of rice’s carbohydrates and proteins. Further, they are free from chemical processing. The increasing consumer preference for organic products as a healthier and environmentally friendly choice is driving the market in the organic rice protein segment.
- The protein isolates segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period.
The United Kingdom rice protein market is segmented by product type into protein isolates and protein concentrates. Among these, the protein isolates segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period. Rice protein isolates are highly purified content (over 90%) with low levels of carbohydrates, fats, and fiber, increasingly used as an alternative to whey or soy protein. The high protein content and superior functional properties of rice protein, including excellent solubility and emulsification, are driving the market.
- The food & beverages segment dominated the market with the largest revenue share in 2023 and is anticipated to grow at a significant CAGR during the projected period.
The United Kingdom rice protein market is segmented by application into animal feed, cosmetics, food & beverages, pharmaceutical, and others. Among these, the food & beverages segment dominated the market with the largest revenue share in 2023 and is anticipated to grow at a significant CAGR during the projected period. Rice protein is used in the food & beverage sector as a functional ingredient, flavor enhancer, and supplement, particularly in gluten-free and dairy-free products, and as a meat extender. The incorporation of rice protein into a diverse range of food & beverage products, including snacks, beverages, and dietary supplements, is propelling the market.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the U.K. rice protein market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- BULK POWDERS
- Indigo Herbs Ltd .
- Impact Foods International Ltd.
- Pulsin Ltd.
- KoRo
- Golden Greens Organic Ltd .
- Roquette Feres
- The BakeRite Company
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at U.K., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Rice Protein Market based on the below-mentioned segments:
UK Rice Protein Market, By Source
- Organic rice protein
- Inorganic rice protein
UK Rice Protein Market, By Product Type
- Protein isolates
- Protein concentrates
UK Rice Protein Market, By Application
- Animal feed
- Cosmetics
- Food & beverages
- Pharmaceutical
- Others
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