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Rice Protein Market Analysis

  • Report ID: GMI1980
  • Published Date: Nov 2023
  • Report Format: PDF

Rice Protein Market Analysis

Organic rice protein industry share will grow at 11% CAGR through 2032, as it is utilized as a substitute for other proteins in a variety of food products.
 

  • The organic form addresses the demand for clean, sustainable, and ethically sourced ingredients. As cognizance about the potential health and environmental benefits associated with organic farming practices increases, consumers are actively seeking products that are produced without synthetic pesticides, herbicides, or genetically modified organisms.
     
  • As the product is free from chemical residues and additives, it appeals to those looking for a purer, more natural protein source.
     

Meat analogues & extenders application of organic rice protein market will register more than 12% CAGR during 2023 to 2032, owing to rising proportion of vegan population.
 

  • As there is a rising preference for plant-based proteins, incorporating meat substitutes in their diets is an ideal option for consumers looking to reduce their meat consumption.
     
  • Consumers are seeking protein-rich options that not only mimic the taste and texture of meat but also offer nutritional benefits. Rice protein's amino acid profile and its status as a hypoallergenic make it an attractive choice.
     

Pharmaceutical application segment of inorganic rice protein market is set to observe 6% CAGR between 2023 and 2032, due to excellent amino acid profile with gluten free properties.
 

  • Inorganic rice protein is used in formulating supplements that cater to diverse nutritional needs through dietary supplements to address protein deficiencies, support muscle growth, and enhance overall nutritional intake.
     
  • It is less likely to cause allergic reactions, making it a favorable option for individuals with dietary restrictions or sensitivities. Pharmaceutical companies are recognizing the product potential in the development of pediatric nutrition, geriatric care, and medical supplements.
     

Europe rice protein market size is poised to exhibit a CAGR of 7% through 2032, attributed to the strong emphasis on healthier lifestyle. The wider acceptance of plant-based diets and heightened awareness of the health and environmental advantages linked to these dietary preferences is fueling the interest in the product across Europe. Moreover, the growing instances of lactose intolerance and the quest for allergen-free protein sources are boosting the demand for rice protein ingredients among the F&B manufacturers, adding to the industry revenues.

 

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of rice protein is set to grow at 4% CAGR during 2023 to 2032, attributed to rise in per-capita disposable income, coupled with a shift in consumer inclination towards healthier eating habits.

Organic rice protein industry share will witness strong growth rate of over 11% through 2032, as it is utilized as a substitute for other proteins in a variety of food products.

Europe market size will grow at 7% CAGR between 2023 and 2032, owing to the strong emphasis on healthier lifestyle, and the wider acceptance of plant-based diets.

RiceBran Technologies, North Coast, Nutrition Resource Inc., Nutribiotic, Axiom Foods Inc., and AIDP Inc.

Rice Protein Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 16
  • Tables & Figures: 300
  • Countries covered: 17
  • Pages: 250
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