Rice Protein Market 2024 Forecast & Top Players Analysis - AIDP Inc., Axiom Foods Inc., Bioway (Xi’an) Organic Ingredients Co. Ltd., Golden Grain, Nature Fresh Rice Bran Oil, THE NUTRITION RESOURCE, INC., Shafi Gluco Chem

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.

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Company Profiles
1. AIDP Inc.
2. Axiom Foods Inc.
3. Bioway (Xi’an) Organic Ingredients Co. Ltd.
4. Golden Grain
5. Nature Fresh Rice Bran Oil
6. THE NUTRITION RESOURCE, INC.
7. Shaanxi Pandabobo Agriculture Network Technology Co. Ltd.
8. Shafi Gluco Chem
9. The Green Labs
10. Top Health
11. Nutribiotic
12. Z Company
13. North Coast
14. Pure Food & Beverage Company Ltd
15. BENEO-Palatinit GmbH
16. Jiangxi Golden Agriculture Biotech Co., Ltd.

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.
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. hydrolysate-based organic rice protein market is expected to contribute more than USD 1.5 million towards North America industry over the coming timeline. An increase in the application of hydrolysates across weight management, sports nutrition, and infant food sectors is forecast to boost the product demand across the region.
Regulations favoring the use of organic products along with extensive organic rice farming activities will impel the development of rice protein industry in Brazil, which is predicted to register a CAGR of more than 9% over the years ahead. The growing consumer trend toward the intake of a nutritional diet along with implementation of healthy food practices will enrich the growth of rice protein industry across China.

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