Global Rice Protein Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global rice protein market in its upcoming report titled, “Global Rice Protein Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global rice protein market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global rice protein market report has been segmented on the basis of product type, application, and region.

Rice is widely grown and consumed as staple food by more than half of world’s population. It is the most important food grain in diets of hundreds of millions of Asians, Africans, and Latin Americans living in the tropics and subtropics. Rice protein is a vegetarian protein isolate that is used as an alternative to the more commonly found whey and soy protein isolates.

Increasing demand for rice protein in end-use industries such food & beverages as dietary supplements, which helps to improve liver and heart functions and regulate cholesterol levels is a major factor driving growth of the global rice protein market. Increasing adoption of rice protein in various industries such as pharmaceuticals industry for production of therapeutic proteins or peptides, in animal feed industry to for poultry and other animals, in cosmetics industry for cosmetics and personal care products are other important factors expected to support growth of the target market over the forecast period.

In addition, increasing population preferring vegan diet, increasing focus towards use of natural and organic food ingredients, and individuals who cannot consume animal proteins have increased demand for rice protein market. Adoption of rice protein in infant formula, as substitute of whey protein are other factors anticipated to fuel growth of the global rice protein market.

However, high production cost, complex manufacturing process, and low awareness among consumers about rice protein in underdeveloped countries are major factors hampering growth of the global rice protein market over the forecast period.

The market in North America is expected to dominate the global rice protein market and account for major share in terms of revenue, owing to factors such as high demand from food & beverages industry, and presence of several domestic and international manufacturers in countries in the region. The market in Asia Pacific is expected to account second-highest share in the global rice protein market, owing to high demand from developing countries such as China, India, and other south Asian countries, and increasing health awareness among consumers in countries in the region. The market in Asia Pacific is followed by markets in Europe, Latin America, and Middle East & Africa.

Global rice protein market segmentation:

Segmentation by product type:

• Rice protein isolates
• Rice protein concentrates

Segmentation by application:

• Food and beverages
• Pharmaceutical
• Cosmetics
• Animal feed

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• AIDP Inc.
• Axiom Foods Inc.
• RiceBran Technologies
• Nutrition Resource Inc.
• Bioway (Xi'an) Organic Ingredients Co., Ltd.
• Golden Grain Group Ltd.
• Shaanxi Fuheng (FH) Biotechnology Co., Ltd.
• Shafi Gluco Chem Pvt., Ltd.