Organic Rice Protein Market Size, Share and Scope Analysis to 2031

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Organic Rice Protein Market Size, Share & Trends Analysis Report By Type (Rice Protein Isolate, Rice Protein Concentrate), Application (Sports & Energy Nutrition Drinks, Beverages, Dairy Alternatives, Bakery & Confectionery, Meat Analogs & Extenders) And Form (Dry And Liquid)- Market Outlook And Industry Analysis 2031"

The global Organic Rice Protein market is estimated to reach over USD 560.61 million by 2031, exhibiting a CAGR of 19.67% during the forecast period.

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Organic rice is grown using organic farming techniques without herbicides or artificial fertilizers. Proteins are massive, complicated molecules for overall development and healthy aging in people, plants, and animals. Proteins carry out most cellular tasks because they support the body's structural and functional regulation. Due to increasing customer preferences for organic foods, the market for Organic Rice Protein is expected to expand globally. The rate of changes in consumer demand has accelerated since Covid-19.

However, most of the population has started spending money on cultivating and maintaining a healthy lifestyle, even if the need for organic products has been noticeably high in the previous few years. Moreover, with many initiatives and programs implemented by the government and federal bodies to promote organic farming, particularly for food grains farmed in large numbers like rice, the market for Organic Rice Protein may have increased growth potential.

Additionally, due to the low level of understanding of the advantages of Organic Rice Protein in impoverished regions, it is anticipated that entering these markets will take a lot of work. At present, it is challenging to develop a sustainable market because the majority of countries experience unstable political and environmental conditions. The biggest challenge to the market's expansion will be the growing rivalry between other producers and the still-emerging Organic Rice Protein.

List of Prominent Players in the Organic Rice Protein Market:
• Axioms Foods (US)
• AIDP, Inc. (US)
• RiceBran Technologies (US)
• Shaanxi Fuheng (FH)
• Biotechnology Co.Ltd. (China)
• Shafi Gluco-Chem (Pvt.) Ltd. (Pakistan)
• Golden Grain Group Limited (China)
• Ribus, Inc. (US)
• Top Health Ingredients, Inc. (Canada)
• Green Labs
• Bioway (Xi'an)
• Organic Ingredients Co. Ltd. (China).

Market Dynamics:
Drivers-
The rise in plant proteins, allergen, non-GMO, and meatless products, as well as rising consumer awareness due to the product's health benefits, are some of the most significant factors that will probably accelerate the growth of the Organic Rice Protein market in the anticipated timeframe. These factors also include the increasing number of patients looking due to higher protein levels, rising demand for sports food supplements, and the preponderance of supportive product label regulations. Moreover, the market for Organic Rice Protein is expected to increase during the period covered by the projection mentioned above due to rising consumer preferences for natural food components and rising levels of investment in research and development activities.

Challenges:
The inability to boost crop output forces businesses to invest more money in developing alternative farming techniques, such as using more expensive organic pesticides than their conventional counterparts. In the upcoming years, this circle can limit the world market expansion. It is projected that it will be challenging to access these markets because of the low degree of awareness of the benefits of Organic Rice Protein in underdeveloped areas. Since most nations currently endure uncertain political and ecological conditions, building economic and environmental is difficult. Furthermore, the market for Organic Rice Protein is likely to be constrained in the above-mentioned predicted period due to the need for more consumer awareness of the product's advantages in developing nations and the ease of access to alternative plant proteins.

Regional Trends:
The North American Organic Rice Protein market is expected to register a significant market share. The growth of food allergies ramped up production of rice protein, the presence of numerous e-Commerce businesses, and rising consumer interest in sports and fitness are all expected to drive sales growth in the United States. The growing usage of rice's different amino acids in foods, beverages, pharmaceuticals, and items for personal care is expected to drive market growth in revenue.

Besides, Asia Pacific had a substantial share of the market. One of the market's primary drivers has been the rise in demand from the food processing sector for rice protein. Market expansion is supported by investments in certifications and labels that comply with standards and end-user needs. An aging population gained increased knowledge of healthy living, and the existence of sports and fitness enthusiasts is predicted to drive market revenue.

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Recent Developments:
• In June 2022-Two novel natural rice proteins were introduced by Roquette under its Nutralys brand.
• Milk Specialties Global (Eden Prairie, Minnesota) is releasing PROriz, a brown rice protein. The protein is obtained and manufactured in the United States without the use of hexane. The end result is a low-grit, neutral-tasting, free-flowing powder containing eighty percent protein and all nine necessary amino acids.

Segmentation of Organic Rice Protein Market-
By Type
• Rice Protein Isolates
• Rice Protein Concentrates
• Others (Hydrolysates and Ion-Exchange)

By Application
• Sports & Energy Nutrition Drinks
• Beverages
• Diary Alternatives
• Bakery & Confectionery
• Meat Analogues & Extenders
• Others (Soups, Sauces, Salad dressings, spices, pasta, frozen fruits, breakfast, flavor enhancements & savory flavors, infant formula)

By Form:
• Dry
• Liquid

By Region-
North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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This release was published on openPR.