Asia-Pacific rice protein market is projected to grow at a CAGR of 7.7% during the forecast period. The key factors that drive the growth of the market include the rising shift towards the consumption of plant-based protein products across the region. Consumption of rice protein as a supplement of soy, pea, and milk protein may also contribute to the growth of the market. Besides, the application of rice products in cosmetics also finds a huge growth in the region, as there are surging demands for cosmetics and beauty care products across the countries such as India. However, some changes in the diet may challenge the growth of the Asia-Pacific rice protein market over the forecast period.
The Asia-Pacific rice protein market is segmented on the basis of form and end-use application. Based on the form, the market is segmented into isolates, concentrates, and hydrolysates. The isolates segment is estimated to hold a significant share in the market owing to the fact that these have high protein content, which is one of the major factors for its popularity and increasing adoption among consumers. Based on the end-use application, the market is segmented into food & beverage, animal feeds, pharmaceuticals, and cosmetics. The food & beverage segment is estimated to hold a prominent share in the market.
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Asia-Pacific 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
- China
- India
- Japan
Rest of Asia-Pacific
Company Profiles
- Anhui Shunxin Shenyuan Biological Food Co. Ltd.
- Bioway (Xi’an) Organic Ingredients Co., Ltd.
- Foodchem International Corp.
- Golden Grain Group Ltd.
- Gulshan Polyols Ltd.
- Habib-ADM Ltd.
- Shaanxi Fuheng (FH) Biotechnology Co. Ltd.
- Shafi Gluco Chem Pvt. Ltd.
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