openPR Logo
Press release

Red Yeast Rice Market to Exhibit Surge in Revenue Growth During the Forecast Period by 2031

Red Yeast Rice Market to Exhibit Surge in Revenue Growth During

The global red yeast rice market is set to witness growth at a CAGR of 8.6% through 2031, and be valued at over US$ 1.2 Bn.

Demand for healthy foods is increasing across the world, which is one of the key reasons for increased utilization of food-enriching products such as red yeast rice. Increasing millennial population and their work-centric lifestyles are converging to high demand for products that simply don’t just provide energy for carrying out daily activities but also aid in enhancing bodily functions.

You can request sample here @ https://www.persistencemarketresearch.com/samples/17791

red-yeast-rice-market

Get A Customized Scope To Match Your Need Ask An Expert – sales@persistencemarketresearch.com

Red yeast rice has recently been introduced in the healthcare industry owing to its feature of being a top natural remedy for managing and/or controlling high cholesterol levels in the body. It contains constituents that are often found in prescription medicines and has the potential to positively impact a number of diseases. Further, due to its vibrant natural color, red yeast rice is also being used in cosmetic products on a large scale.

Driving demand for red yeast rice is driven the most for use in dietary supplements, and the global market is set to expand approx. 2.4X over the next ten years.

Key Takeaways from Market Study

High growth of the market for red yeast rice is being witnessed across Oceania, South Asia, and Latin America, with projected CAGRs of 11.7%, 11%, and 10.2%, respectively.
As far as end use is concerned, dietary supplements account for around 80.5% of the overall market share. This segment currently enjoys a value of US$ 431.1 Mn.
Key contributing factor for the wide production of red yeast rice is the health benefits that it offers and also the ever-evolving need for healthy consumables. It also contains a number of elements that can be used as a cost-effective alternative to pricey medicines.
North America and Europe hold more than 60% share of the global market, mainly on the back of high consumption of healthy products in these regions.
The U.S. and China hold significant shares for red yeast rice in North America and East Asia, respectively.
COVID-19 has had a moderate impact on the progress of the red yeast rice market. However, with increasing demand for dietary supplements, losses are expected to be recovered in the near term.
Get Methodology Report here @ https://www.persistencemarketresearch.com/methodology/17791

Competitive Landscape

Key manufacturers are emphasizing on offering products that suit evolving trends so as to keep ahead of their competitors. Moreover, players are obtaining quality certifications from various authentic and trusted certification providers to ensure a wide acceptability of their products.

NOW Health Group, Inc. got UL certification for its dietary supplement manufacturing process and was among the first manufacturers to be certified for the same. This assures customers that premium quality products are offered by the company.
Explore More Valuable Insights

Persistence Market Research, in its new report, offers an impartial analysis of the global red yeast rice market, presenting historical data (2016-2020) and estimation statistics for the forecast period of 2021-2031.

The study offers compelling insights on the basis of end use (food & beverages, cosmetic & personal care, retail/household, and dietary supplements) and distribution channel (business to business and business to consumers), across seven major regions of the world.

You can purchase this report here @ https://www.persistencemarketresearch.com/checkout/17791

305 Broadway, 7th Floor
New York City, NY 10007 United States
Ph.no. +1-646-568-7751
E-mail id- sales@persistencemarketresearch.com
Website: https://www.persistencemarketresearch.com

Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Red Yeast Rice Market to Exhibit Surge in Revenue Growth During the Forecast Period by 2031 here

News-ID: 2428325 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Red

Red Light Therapy Beds Market Growth in Future Scope 2025-2032 | Tendlite, Thera …
The Latest study titled Red Light Therapy Beds Market 2025, published by Coherent Market Insights, provides valuable insights into both regional and global markets projected to grow in value from 2025 to 2032. The comprehensive research delves into the evolving market dynamics, value chain analysis, prominent investment areas, competitive landscape, regional outlook, and key market segments. It also offers a thorough assessment of the global market's drivers and constraints. Additionally,
PayRate42 Lists PayCent on Red Compliance and Red Risk Lists
PayRate42, a renowned agency for compliance reviews in the financial services sector, has recently reviewed and listed PayCent, a high-risk payment gateway operated by Wallious Ltd, on its Red Compliance and Red Risk lists. Background PayCent, managed by Daniel-Nelu Ilie and registered in the United Kingdom, offers the creation of integrated payment pages with 24/7 support. However, it operates without proper authorization as a payment processor. Compliance Concerns PayCent's close technical integration with the
Red boost Australia Reviews - Does Red Boost Work?
You may not be aware, but a healthy blood flow to the organs is crucial for good health. Age-related changes in blood flow to the male organs might affect performance and energy levels. Reduced testosterone production, which results in decreased muscle mass and self-confidence, may be the cause of this. Additionally, diminished desire and declining prostate health are two additional effects of inadequate blood flow. Click to get Red Boost
Platelet and Plasma markets Share Trends Analysis Growth: America's Blood Center …
Rising incidence of haemophilia, thrombocytopenia, autoimmune diseases as well as other infectious and rare disease will serve to be a key driver for the platelet and plasma market growth. According to American Academy of Neurology, plasma can be used for treatment of various neurological conditions. Plasma exchange process involves replacing plasma in a person’s blood. This process can be used for treatment of conditions such as inflammatory dysimmune neuropathies, multiple
Red Hat Expands Red Hat Developer Program with No-Cost Red Hat Enterprise Linux …
DUBAI, UAE, 3rd April, 2016 – Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced the availability of a no-cost Red Hat Enterprise Linux subscription, available as part of the Red Hat Developer Program. Offered as a self-supported, non-production developer subscription, the Red Hat Enterprise Linux Developer Suite provides developers with a more stable development platform for building enterprise-grade applications and enables a clear
Red Hat Updates Red Hat Academy, Brings Red Hat OpenStack Cloud Technology Educa …
DUBAI, United Arab Emirates, 14th January, 2014 - Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced updates to Red Hat Academy, the company’s open source education program that offers turnkey curriculum materials for educational programs in global secondary and higher education institutions. Red Hat has expanded Red Hat Academy to include content on Red Hat Enterprise Linux OpenStack Platform and Red Hat JBoss