Rice Protein Market Global Industry Analysis and Forecast (2025-2032)

♦ Rising demand for plant-based, gluten-free, and hypoallergenic protein sources drives growth in the rice protein market worldwide.

According to a new report, the global Rice Protein Market was valued at USD 832.75 million in 2024 and is projected to reach USD 1,139.68 million by 2032, expanding at a CAGR of 4.0% during the forecast period (2025-2032). Growth is fueled by consumer demand for sustainable, plant-based proteins, the rise in vegan diets, and the increasing adoption of clean-label food products.

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♦ Key Highlights

♦ Market Size & Growth: USD 832.75 million (2024) → USD 1,139.68 million (2032) at a 4.0% CAGR.

♦ Leading Segment: Sports and energy supplements expected to drive demand due to hypoallergenic, easily digestible properties.

♦ Regional Outlook: North America leads, while Asia-Pacific emerges as a high-potential growth region.

♦ Market Drivers: Vegan lifestyle adoption, clean-label demand, technological advancements in protein extraction.

♦ Top Companies: Axiom Foods, RiceBran Technologies, Golden Grain Group, Nutribiotic, Shaanxi Fuheng Biotechnology.

♦ Market Outlook

The rice protein industry is poised for steady expansion, supported by rising health consciousness and the global shift toward plant-based diets. Its advantages-being gluten-free, hypoallergenic, and easily digestible-make it a preferred choice for consumers with dietary restrictions. In addition to food and beverages, rice protein finds growing use in sports nutrition, bakery products, infant formulas, and meat analogs.

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♦ Regional Insights

♦ North America dominates the global rice protein market, driven by high adoption of plant-based diets and demand for non-dairy protein alternatives.

♦ Europe is experiencing robust growth as consumers seek sustainable protein sources.

♦ Asia-Pacific benefits from abundant rice production and increasing consumer awareness of plant-based nutrition.

♦ South America and MEA show emerging opportunities, aligned with rising disposable incomes and health-focused lifestyles.

♦ Key Players

Leading players in the rice protein market include:

Axiom Foods (US)

RiceBran Technologies (US)

Golden Grain Group Limited (China)

Shaanxi Fuheng Biotechnology (China)

Nutribiotic (US)

Top Health Ingredients (Canada)

BENEO GmbH (Germany)

These companies focus on R&D, clean-label product innovations, and expanding distribution networks to strengthen their competitive positions.

♦ Analyst Quote

Rice protein is gaining global traction as consumers shift toward healthier, allergen-free, and sustainable protein sources. With growing applications across food, beverages, and sports nutrition, the market is expected to witness consistent growth over the next decade," said a lead analyst from the research team.

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This release was published on openPR.