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Rice Protein Market Significant Growth Exceed USD 115 Million By 2024 | Key Company Profiled AIDP, Inc, Axium Foods, Inc., Golden Grain, RiceBran Technologies, Nutribiotech, Z-Company, BENEO

02-20-2019 08:08 PM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Rice Protein Market

Rice Protein Market

Rice Protein Market is set to exceed USD 115 million by 2024. Strong application outlook in cosmetic, food and pharmaceutical industries should stimulate rice protein market. Growing consumer awareness pertaining to consumption of nutritious food ingredients along with increased spending power of consumers should positively influence industrial growth.

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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 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.

Europe rice protein market, driven by Germany, France and UK should witness gains at over 7%. Strong emphasis on healthier lifestyle along with increased demand of gluten and allergen free products should stimulate regional growth. Manufacturers comply with safety standards and focus on providing allergen and gluten free products.

U.S. organic rice protein hydrolysate market 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.

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Rice protein is vegetarian food ingredient, derived from both white and brown rice. It is a type of plant protein that is an alternative to soy and whey-based additives. It is high in cysteine, sulfur-containing amino acids and methionine, making them ideal for pharmaceutical industries. Rise in demand of sports & energy nutrition supplements may fuel industry growth demand.

Prominent Players of Rice Protein Market :

• AIDP, Inc
• Axium Foods, Inc.
• Golden Grain
• RiceBran Technologies
• Nutrition Resource
• The Green Labs
• Nutribiotech
• Z-Company
• Pure Food & Beverage Company Ltd
• BENEO

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://global4energy.com/

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