Rice Protein Market is projected to grow at a CAGR of 6.4% during the forecast period. The key factors that drive the growth of the market includes the high health benefits offered by rice protein. Rice protein possesses excellent benefits including a good balance of amino acids and low hypoallergenic characteristics, owing to which, these rice proteins are highly preferred, as a nutritional ingredient as well as for the infant food products. It also acts as a substitute for whey and soy proteins. Hence, increased trends of health consciousness among the people is likely to encourage the adoption of rice protein among the people. This, in turn, will be a factor opening up opportunities for the growth of the global rice protein market during the forecast period. Besides, the rising demands for rice proteins from the nutritional, pharmaceutical, cosmetic, and sports industry as an energy supplement is likely to foster the growth of the global rice protein market over the forecast period.
Furthermore, the rising vegan population across the globe is also highly adopting rice protein as a nutritional supplement on the daily basis, and rising awareness regarding diet and nutrition further supports the growth of the market. However, the factor that hinders the growth of the market is the low awareness among the people in the emerging economies. Nevertheless, the introduction of novel, non-hypoallergenic, gluten-free, and clean labeled products by the key players operating in the market is likely to provide growth opportunities to the global rice protein market over the forecast period.
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Rice Protein Market Segmentation
By Form
- Isolates
- Concentrates
- Hydrolysates
By End-Use Application
- Food & Beverage
- Animal Feeds
- Pharmaceutical
- Cosmetics
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- AIDP Inc.
- All Organic Treasures GmbH
- ALPAVIT
- Anhui Shunxin Shenyuan Biological Food Co. Ltd.
- Axiom Foods Inc.
- BioTech USA
- Bioway (Xi’an) Organic Ingredients Co. Ltd.
- Cargill Inc.
- Euroduna Food Ingredients GmbH
- Foodchem International Corp.
- Golden Grain Group Ltd.
- Growing Naturals LLC
- Gulshan Polyols Ltd.
- Habib-ADM Ltd.
- Kerry Group Plc
- NOW Health Group
- Nutribiotic
- Pure Food Co. LLC
- Ribus, Inc.
- RiceBran Technologies
- Shaanxi Fuheng (FH) Biotechnology Co. Ltd.
- Shafi Gluco Chem Pvt. Ltd.
- Südzucker AG (BENEO GmbH)
- Top Health Ingredients Inc.
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