Rice Protein Market Growth and Changes Influencing the Industry 2017-2022
Inclining Consumer Preference toward Organic Rice Protein – A Popular Trend
One of the prominent trends observed in the market is inclining consumer preference toward organic rice protein. Organic rice protein currently seeks substantial adoption in the athletics and sports sector. In addition, with growing awareness about food products and dietary sources that deprive use of preservatives, demand for organic rice protein will register a hike in the upcoming years. Soy protein, which has been deemed to cause various allergies, is being replaced by organic rice protein as it has shown none or minimum side-effects.
Rice protein has witnessed tremendous employment in the pharmaceutical and cosmetic applications. Awareness associated with nutritional food ingredients’ consumption has been increasing among consumers worldwide, which in turn has stoked demand for dietary supplements such as rice protein over the past few years. Many favorable regulations with regard to rice protein applications have been implemented by the U.S. Food and Drug Administration, thereby resulting into higher acceptance of rice protein among the global population. Manufacturers of food products across the globe are now concentrating on complying with standards, in order to introduce anti-allergic as well as gluten-free food products via adoption of plant protein such as rice protein. This is mainly because of rising consumer inclination toward adopting a healthier lifestyle.
Request Report Sample at https://www.factmr.com/connectus/sample?flag=S&rep_id=520
Rice Protein Concentrates will Register Fastest Sales Expansion through 2026
Based on product type, sales of rice protein concentrates are estimated to register the fastest expansion through 2026, in terms of value. Rice protein concentrates facilitate cost-effective replacement of counterparts, while retaining the taste and color of targeted products, thereby gaining popularity. Consumers now prefer rice protein, as it is more nutritious and healthier compared to other plant-derived protein such as whey.
Sports & energy nutrition is expected to be the leading application of rice protein, in terms of value. Revenues from this application segment will account for approximately one-third market share by 2026-end. Beverages will also remain a major revenue contributing application segment in the market
Dry Form of Rice Protein to Remain Preferred among Consumers
Dry form of rice protein will continue to be preferred among consumers, with sales poised to account for over US$ 130 Mn revenues by 2026-end. Revenues from sales of liquid form of rice protein will remain nearly half of revenues procured from sales of dry form of rice protein. On the basis of function, emulsifying will remain dominant in the market in terms of value, followed by foaming.
In Asia-Pacific excluding Japan (APEJ), growing demand for nutritional products based on protein in light of soaring consumer awareness on healthy lifestyles has been fuelling adoption of rice protein. APEJ will remain the fast-growing market for rice protein, in terms of value. However, revenues from rice protein sales in North America and Europe will remain comparatively larger than those from APEJ through the forecast period.
Market Players Adopting Inorganic Development Strategies to Resolve Revenue Challenges
With few players latching onto larger revenue shares of the global rice protein market, nature of the market is highly competitive and concentrated. Rice protein producers currently face challenges regarding low revenue generation and capital investment. In order to resolve these challenges, these market players are adhering to inorganic strategies of development, which include agreements & partnerships with the global distributors and suppliers.
Well-established manufacturers are investing in R&D activities for developing novel products as well as enhancing functionality of their existing products, for attaining a competitive edge over others. Fact.MR’s report identifies and tracks key participants supporting expansion of global market for rice protein, which include Pure Food Company LLC, North Coast Naturals, Z-Company, Nutribiotic, Top Health Ingredients Inc., The Green Labs LLC, Shafi Gluco Chem Pvt. Ltd., Shaanxi Fuheng (FH) Biotechnology Co., Ltd., Nutrition Resource Inc., RiceBran Technologies, Golden Grain Group Ltd., Bioway (Xi'an) Organic Ingredients Co., Ltd., AIDP Inc., and Axiom Foods Inc.
Report Analysis at https://www.factmr.com/report/520/rice-protein-market
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rice Protein Market Growth and Changes Influencing the Industry 2017-2022 here
News-ID: 1261989 • Views: 133
More Releases from Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
More Releases for Rice
Know how Parboiled Rice Market is Thriving by Top Players Buhler, Induss, Parboi …
The Parboiled Rice Market report add detailed competitive landscape of the global market. It includes company market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the Global Parboiled Rice Market based on product segment, technology segment, end user segment and region. Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/75696 Parboiled Rice Market research report delivers a close watch on leading competitors with strategic analysis, micro
Rice Powder Market
https://www.qandqmarketresearch.com/reports/7461815/rice-powder-market-39 The global Rice Powder market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 20192025. The objectives of this study are to define, segment, and project the size of the Rice Powder market based on company, product type, end user and key regions. This report studies the global market size of Rice Powder in
Global Organic Rice Protein Market
According to a new report, published by KBV research, the Global Organic Rice Protein Market size is expected to reach $149 million by 2024, rising at a market growth of 18.4% CAGR during the forecast period. The North America market held the dominant share in the Global Organic Rice Protein Market, and would maintain this trend throughout the forecast period. However, The Asia Pacific market is expected to witness a higher
Global Parboiled Rice Market 2018-2025 Buhler AG, Induss Parboiled Rice, Nationa …
A market study "Global Parboiled Rice Market" examines the performance of the Parboiled Rice market 2018. It encloses an in-depth Research of the Parboiled Rice market state and the competitive landscape globally. This report analyzes the potential of Parboiled Rice market in the present and the future prospects from various angles in detail. The Global Parboiled Rice Market 2018 report includes Parboiled Rice market Revenue, market Share, Parboiled Rice industry volume,
Global Basmati Rice Market 2017 – Kohinoor Rice, Adani Wilmar, Hanuman Rice Mi …
Global Basmati Rice Market Research gives the exhaustive affiliation between past and current market trends to predict future market values and tendencies of the Basmati Rice market. Basmati Rice Market by Type (Indian Basmati Rice, Pakistani Basmati Rice, Kenya Basmati Rice, Other), Applications (Direct Edible, Deep Processing), and Region (North America, China, Europe, Southeast Asia, Japan, India) – Global Forecast to 2022. The Basmati Rice market report starts with giving a
Rice Market Industry Analysis 2024
Rice inventories’ are increasing as the rice supply is continuously improving globally. Rice is one of the major food staples and mainstay for the rural population and their food security. Moreover rice is used as a wage commodity for workers in cash crop or non agriculture sectors in some countries such as India among others. The global rice market can be segmented according to product type such as long grain white