The global rice protein market is projected to grow at a CAGR of 6.4% during the forecast period (2020-2026). 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.
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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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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Rice Protein Market by Form
- Isolates
- Concentrates
- Hydrolysates
Global Rice Protein Market by End-Use Applications
- Food & Beverage
- Animal Feeds
- Pharmaceutical
- Cosmetics
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- 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.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global rice protein market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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