Global Red Rice Red Market Size and Growth Analysis to 2023 | Key Players- Zhejiang Sanhe Bio-tech Co Ltd., Qingdao BNP Co. Ltd., Zenith Food Solutions Private Limited., Now Health Group Inc., Weider Global Nutrition, Solgar Inc.

Global Red Rice Red Market Overview:

Red rice yeast is essentially a natural statin, which helps to reduce low-density lipoprotein (LDL) commonly called bad cholesterol in our body. Red rice yeast is used mainly in health supplements due to the natural presence of vitamin monacolin K, an active ingredient in Mevacor found in lovastatin to prevent cholesterol and reduce the risk of heart attack. Animal studies suggest that red rice yeast not prepared under controlled conditions can form a toxic citrinin enzyme, which is known to cause kidney failure in some animals and genetic damage in animals. Red rice yeast is a phytosterol-containing compound approved by the FDA that helps reduce blood cholesterol levels in humans and is beneficial for the heart and digestion. In addition, it is useful to treat indigestion, diarrhea, health of the stomach and spleen, and improve blood circulation.

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Global Red Rice Red Drivers and Restraints:
It is believed that the red yeast market is mainly driven due to its application as an effective lipid-lowering drug in countries of East Asia and North America. In China, product uniformity, safety and labeling of the drug or supplement must be considered and must be formulated under controlled conditions, and under the supervision of an expert in a certified laboratory. Red rice yeast has been effective in the prevention of other health diseases such as liver disease, diabetes, hypertension, etc.

Geographical Insights:

The red yeast rice market is divided into regions, namely Europe, Latin America, Asia Pacific, North America, the Middle East and Africa. In the Asia-Pacific region, China is the main consumer of red yeast rice, followed by the United States in North America, where it is widely used in various forms of red yeast derivatives in various enriched plant supplements making it the largest consumer and exporter of red yeast rice. The volume of exports of red yeast rice from China has also increased markedly. This has shown a positive growth effect in other markets for red yeast rice, especially in Latin American regions such as Brazil and Argentina. In the Asia region countries such as the Philippines, Vietnam and Cambodian cuisines include the products made with red yeast rice.

Key Players:

Zhejiang Sanhe Bio-tech Co Ltd., Qingdao BNP Co. Ltd., Zenith Food Solutions Private Limited., Now Health Group Inc., Weider Global Nutrition, Solgar Inc., BioScience Nutrition, Wakunaga Pharmaceutical Co. Ltd., Nutraceutical Corporation are the major companies offering their products and services in Global Red Rice Red Market among many others.

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