Rice Protein Market to grow with a CAGR of over 8% during forecast 2020 to 2030
Nevertheless, consumption of food products infused with protein is high in demand as many media houses actively promote the benefits of protein-infused food to boost one's health. In this regard, rice protein is experiencing high demand.
Browse Full Report - https://www.factmr.com/report/520/rice-protein-market
Yet rice protein producers have narrowed down production due to uncertainties in the existing supply chain owing to COVID-19 pandemic. While in the first week there was a 10-15% rise in demand with consumers hoarding protein products, demand for rice protein from end-products manufacturers has been decreasing steadily from the second week onwards.
Consumers are expected to behave more conservatively and cautiously over the coming months, and are expected to become more dependent on rice protein and other protein laced food items.
However, the slow supply of products through some stores providing essentials and e-commerce is anticipated to create a demand supply gap. The global rice protein market is anticipated to grow with a CAGR of over 8% and is expected to present absolute dollar opportunity of more than US$ 100 Mn during forecast period
‘Label Centric Marketing’ to Heighten Demand for Rice Protein, Market to Grow at CAGR of over 8.0%
To remain ‘ahead’ of your competitors, request for a sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=520
The demand for rice protein has shown substantial growth in recent years and is expected to show dexterous growth during the forecast period. 'Label centric marketing' was the primary strategy of rice protein producers to meet the increasing demand for soy-free proteins based on plants.
This in turn has benefitted rice protein manufacturers, who are leveraging labels like ‘Non-GMO’, ‘Organic’, and ‘Vegan’ among others to increase demand. Aversion towards dairy derived proteins has supplemented growth of rice proteins. Owing to this shift in consumer demand towards alternative protein sources and targeted marketing campaigns of rice protein, the rice protein market is proliferating globally.
Key Takeaways of Rice Protein Market –
Europe accounts for the highest share in the rice protein market and is expected to grow 2X during the forecast period
Rice protein concentrates are expected to be fastest growing product type in rice protein market and are expected to grow by 2.5X during forecast period
Brown rice is projected to lead the rice protein market and will present faster growth vis-a-vis milled rice
Dry extracts in terms of extract type are expected to add US$ 100 Mn to rice protein market during forecast
In terms of demand, beverages and bases application is expected to show high demand growth and is expected to grow 2.5X in terms of value during forecast period
For critical insights on this market, request for methodology here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=520
Demand for breakfast cereals is expected to show significant growth of 2.7X during the forecast period
“Being a highly efficient alternative to other plant-based products, the food and beverages industry is continuing to invest substantially in the rice protein market“, according to a Fact.MR analyst
Rice Protein Manufacturers to Explore New Markets for Expansion
Rice protein market is consolidated with five players accounting for more than 50% revenue share. Rice protein market has been moving towards consolidation with top companies acquiring emerging players in the market.
Top players have been using this strategy to establish their presence in foreign markets like India and ASEAN countries. Rice protein manufacturers actively venturing in foreign markets are Kerry Group PLC, Beneo GmBH, and Axiom Foods, Inc. This will substantially increase production of rice protein and in turn boost growth of the market.
To connect an Expert - https://www.factmr.com/connectus/sample?flag=AE&rep_id=520
Find More Valuable Insights on Rice Protein Market
Fact.MR, in its new offering, brings to fore an unbiased analysis of the global rice protein market, presenting historical demand data (2015-2019) and forecast statistics for the period, 2020-2030. The study divulges compelling insights on the rice protein market on the basis of product type, source, extract type and application across seven major regions.
US Sales Office:
11140 Rockville Pike
Rockville, MD 20852
Tel: +1 (628) 251-1583
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website: https://www.factmr.com
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
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 to grow with a CAGR of over 8% during forecast 2020 to 2030 here
News-ID: 2267344 • Views: 152
More Releases from Fact.MR
Increasing use of gallium nitride in military and aerospace industry, fuelled gl …
Gallium nitride is a glass-like substance that is translucent. It can be used with broader bandwidth and tough structure as a semiconductor unit. Compared to the semiconductor form of silicon, it tends to lose less energy. Gallium nitride use is growing with the growth of wireless devices. The gadgets based on gallium nitride have numerous applications, from electronics to telecommunications and automotive. The wider bandwidth means that energy is quickly transferred
Demand for anti-friction coatings is highest in transportation industry. Asia Pa …
Anti-Friction Coatings Market: Overview and Dynamics Anti-Friction coatings are a type of lubricant solution that are similar in formulation to common industrial paints. It comprises of solid lubricants and resins as solvents. The main components of solid lubricants are molybdenum disulphide, Polytetrafluoroethylene (PTFE) and graphite. The most preferred way of applying anti-friction coatings is immersion or by spraying carefully onto the degreased surfaces. There are other methods as well like electrostatic
Automotive Lighting Market to Grow at CAGR of 5 % through 2030 to reach a valuat …
The global automotive lighting market is projected to grow at 5% and will be valued at US$ 65 Bn by the end of the forecast period (2020-2030). However, the COVID-19 crisis has impacted the growth trajectory as the demand for automotives has fallen sharply. In the wake of disruption of supply chains and the shutdown of manufacturing plants, the automotive lighting market growth has been profoundly affected. To get in-depth
Polyamines Market Trends and Analysis (2020-2030): Key Market Dynamics and Growt …
Polyamines market is poised to surpass US$ 200 Mn by 2020 and is set to grow at a steady 4% during the forecast period (2020-2030). Polyamines is a key water treatment chemical and coagulant used for treatment of discharged waste water. Though coagulants constitute a major share of the market, shale inhibitors are growing at a faster rate owing to their high demand in oil & gas well explorations. To get
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
Calrose Market by Top Manufacturers (Far West Rice, Valley Rice, Hinode Rice) in …
HTF MI published a new industry research that focuses on Calrose market and delivers in-depth market analysis and future prospects of Global Calrose market. The study covers significant data which makes the research document a handy resource for marketing managers, analysts, industry executives, consultants, sales and product managers, and other key people who are in need of ready-to-access and self-analyzed study along with graphs and tables to help