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Organic Rice Protein Market Size & Share to Reach USD 307.2 Million, at a CAGR of 18.2% | Trends, Growth, Value, Analysis & Forecast
Organic Rice Protein Market is valued USD 95.3 Million in 2021 and the industry is estimated to reach a value of USD 307.2 Million by 2028 at a CAGR of 18.2% during the forecast period, 2022-2028.The research provides an overview of the industry, including definitions, classifications, and the structure of the industrial chain. The market analysis for international markets is provided, which includes growth trends, competitive landscape analysis, and major regions development status. Policies and strategies for development are reviewed, as well as manufacturing methods and cost structures. Import/export consumption, supply and demand, price, revenue, and gross margins are all included in this report.
Organic Rice Protein is a rice-based vegetarian protein. For consumers who exercise and consume a lot of carbohydrates, rice protein is an excellent plant-based option. Consumers all around the world are turning to hydrolyzed rice protein, which is derived from non-GMO, sustainable rice bran and is high in amino acids that are helpful to skin and hair.
Rice protein reduces the severity of insulin surges and the subsequent blood sugar collapse associated with high-carbohydrate diets. Rice protein is increasingly being employed in a variety of applications, including meat analogues and extenders, bakery and confectionery, sports and energy nutrition, dairy alternatives, and so on.
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Market Segmentations:
Global Organic Rice Protein Market: By Key Players
Axiom Foods
Shafi Gluco Chem
AIDP
Jiangxi Yiwanjia Organic Agricultural
OPW Ingredients
Global Organic Rice Protein Market: By Types
Organic Rice Protein Isolate
Organic Rice Protein Concentrate
Global Organic Rice Protein Market: By Applications
Healthcare Food
Sports Nutrition
Beverage
Global Organic Rice Protein Market: Regional Analysis
The countries covered in the regional analysis of the Global Organic Rice Protein market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Market Challenges
• According to the Food and Agriculture Organization (FAO), producers are focusing on other plant protein products due to the growing environmental problems associated with rice production, such as global climate change and the reduction of atmospheric carbon dioxide, nitrous oxide and stratospheric ozone.
• Availability of substitute products among various plant proteins is a major factor restraining the growth of the market.
• Furthermore, rice fields are being cited as major generators of nitrous oxide and methane, which is predicted to negatively impact the growth of the market.
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Market Dynamics
• The stage of production has a significant impact on the overall cost of organic rice protein. It largely depends on the manufacturing technique, the quality of the product being manufactured and the cost of numerous approvals.
• Moreover, increasing penetration of health awareness, as well as consumer attraction towards products with health benefits, is helping the growth of the global market.
• Plants are the most environmentally beneficial sources of protein, while protein derived from lamb, pigs, cheese, cattle, and salmon causes significant pollution during production.
• On the other hand, there has been an increase in the consumption of organic products in the market, which is expected to have a favorable impact on demand over the next eight years.
• Moreover, changing consumer demands and increasing emphasis on non-GMO, gluten-free and hexane-free items are some of the other factors, resulting in the growth of the market.
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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