Press release
Rice Protein Market Comprehensive Analysis by Prominent Players - Axiom Foods, RiceBran Technologies, Shafi Gluco Chem, Nutribiotic, AIDP, Inc
Rice Protein Market
Rice protein market is extensively characterized by novel product launches and lucrative mergers & acquisitions by major corporations. For instance, in August 2017, Bounce, a leading healthy snack making firm based in Australia, has introduced a new kind of vegetarian & plant-based protein product. As per reports, lactose & gluten free brown rice proteins and peas along with easily digestible amino acids are the key product ingredients that are apparently expected to enhance the nutritional value of these protein balls. Bounce is renowned to have always provided its consumers with a delicious and nutritious diet through the introduction of new food flavors. Even a considerable amount of time back, the company had launched food products such as almond kale and cashew peanut, which contained over 8.5 gm of plant proteins as well as minerals and vitamins as some of its most vital functional ingredients, thereby creating a lucrative growth path for rice protein market.
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Strong application outlook in cosmetic, food and pharmaceutical industries should stimulate rice protein market size. Growing consumer awareness pertaining to consumption of nutritious food ingredients along with increased spending power of consumers should positively influence industrial growth. Favorable regulations by FDA across wide range of applications coupled with product acceptance among consumers should propel industry growth. Food manufacturers are complying with standards to produce anti-allergic and gluten free products, as consumers are strongly emphasizing on healthier lifestyle.
Inorganic rice protein market size may register gains close to 5% by 2024. Strong application outlook in cosmetic, pharmaceutical, food & beverages and animal feed industries will complement industry growth. Rice protein ingredients enhance the flavor, taste, and texture of food ingredients, thus promoting product demand in food sector.
Brown and white rice are the prominent raw materials which are converted to high protein flour through alpha-amylase enzyme. This manufacturing process increases the protein content by decreasing the starch content of the broken milled rice. Complex production process leads to increase in manufacturing cost, which may hamper market price trend and pose threat to industry profitability.
U.S. organic rice protein hydrolysate market size may exceed USD 1.5 million up to 2024. Superior characteristics such as non-allergenic, good solubility in water and easy digestibility results into higher product demand. Increase in usage of hydrolysates in sports nutrition, infant food and weight management may enhance industry growth in this region.
Organic rice protein market size from dairy alternatives application may reach to 8.5% within projected timeframe. It is lactose, gluten & dairy free and hypoallergenic, supporting a healthy diet. Health benefits associated with dairy alternatives such as increase in lean body mass, decrease in fat mass and skeletal muscle hypertrophy, stimulates market growth.
Germany inorganic rice protein market size should witness growth at over 4% by 2024. Favorable government regulations regarding allergen and gluten free products may have positive influence on product market size. New product launch accompanied with strong investment in R&D activities may propel product demand.
Organic rice protein isolates market size is poised to exceed USD 35 million in sales up to 2024. It is treated with enzymes and is used as a beverage mix or as an ingredient in health shakes or smoothies. Growing vegan population along with rise in vegetarian diet excluding meat, dairy products or any other animal based products may stimulate product growth.
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Inorganic rice protein market size from animal feed applications may account for over 5% within foreseeable timeframe. It contains added vitamins, high protein content and above average amino acid, thus enhancing anti-virus activity, food calling activity and developing activity of animals. It is used as substitute for expensive di-calcium phosphate and soybean meal for animals.
Global rice protein market share is competitive and moderately consolidated. Axiom Foods, RiceBran Technologies, Shafi Gluco Chem, Nutribiotic, AIDP, Inc., and Golden Grain Group are some of the manufacturers operating in market. Companies are investing heavily in R&D operations to improve existing products and launch new products, thereby enhancing industry growth.
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Data Tables
TABLE 1 Rice protein industry 3600 synopsis, 2017 - 2024
TABLE 2 Global organic rice protein market, 2013 – 2024, (Tons) (USD Million)
TABLE 3 Global inorganic rice protein market, 2013 – 2024, (Tons) (USD Million)
TABLE 4 Global organic rice protein volume, by region, 2013-2024 (Tons)
TABLE 5 Global organic rice protein revenue, by region, 2013 – 2024 (USD Million)
TABLE 6 Global inorganic rice protein volume, by region, 2013-2024 (Tons)
TABLE 7 Global inorganic rice protein revenue, by region, 2013 – 2024 (USD Million)
TABLE 8 Global organic rice protein volume, by product 2013 – 2024 (Tons)
TABLE 9 Global organic rice protein revenue, by product, 2013 – 2024 (USD Million)
TABLE 10 Global inorganic rice protein volume, by product 2013 – 2024 (Tons)
TABLE 11 Global inorganic rice protein revenue, by product, 2013 – 2024 (USD Million)
TABLE 12 Global organic rice protein volume, by application, 2013 – 2024, (Tons)
TABLE 13 Global organic rice protein revenue, by application, 2013 – 2024 (USD Million)
TABLE 14 Global inorganic rice protein volume, by application, 2013 – 2024, (Tons)
TABLE 15 Global inorganic rice protein revenue, by application, 2013 – 2024 (USD Million)
TABLE 16 Vendor matrix
TABLE 17 Rice protein distribution channel analysis
TABLE 18 Industry impact forces
TABLE 19 Global protein isolates market, 2013-2024, (Tons) (USD Million)
TABLE 20 Global protein isolates volume, by region 2013-2024, (Tons)
TABLE 21 Global protein isolates revenue, by region, 2013-2024, (USD Million)
TABLE 22 Global protein concentrates market, 2013-2024, (Tons) (USD Million)
TABLE 23 Global protein concentrates volume, by region 2013-2024, (Tons)
TABLE 24 Global protein concentrates revenue, by region, 2013-2024, (USD Million)
TABLE 25 Global protein concentrates market, 2013-2024, (Tons) (USD Million)
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