Rice Protein Market Size, Share, Growth and Opportunities 2030
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"Data Bridge Market research has recently issued comprehensive industry research on Global Rice Protein Market which includes growth analysis, regional marketing, challenges, opportunities, and drivers analysed in the report. The market insights gained through this Rice Protein market research analysis report facilitates more defined understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently.
An analysis of competitors is conducted very well in the reliable Rice Protein Market report which covers vital market aspects about the key players. Moreover, the report gives out market potential for many regions across the globe based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. It gives significant information and data pertaining to their insights in terms of finances, product portfolios, investment plans, and marketing and business strategies. Detailed market analysis has been performed here with the inputs from industry experts.
Data Bridge Market Research analyzes that the global rice protein market is expected to reach USD 372,364.71 thousand by 2031 from USD 267,240.29 thousand in 2023, growing at a CAGR of 4.3% in the forecast period of 2024 to 2031.
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Market Definition
Rice protein is a plant-derived protein extracted from rice grains, typically brown rice. It serves as a valuable alternative protein source for individuals seeking plant-based or allergen-friendly options. Produced through processes such as milling, fermentation, and isolation, rice protein contains essential amino acids and is low in allergenic compounds, making it suitable for various dietary preferences. With applications in the food, beverage, and nutrition industries, it contributes to the growing market for plant-based proteins, offering a sustainable and versatile protein option for consumers embracing vegetarian, vegan, or gluten-free lifestyles.
Global Rice Protein Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of these are discussed in detail below:
Driver
- Rise in Health and Wellness Trends
People are actively seeking ways to incorporate better nutrition and regular exercise into their routines as they are concerned about maintaining a healthy lifestyle. Protein powders are often perceived as a convenient and efficient way to supplement protein intake, especially for those engaged in fitness activities. Furthermore, the fitness and sports industry has witnessed remarkable growth, with individuals participating in various physical activities ranging from gym workouts to competitive sports. Protein powders are seen as a way to support muscle recovery, growth, and overall performance, making them popular among athletes and fitness enthusiasts.
A broader trend toward health and wellness has prompted consumers to focus on their nutritional choices. As a result, many individuals are researching and adopting dietary practices that align with their health goals, including incorporating protein supplements. Consumers are becoming more health-conscious and are actively seeking nutrient-dense foods. Rice protein, being a good source of essential amino acids and low in fat and calories, caters to the demand for nutritionally rich alternatives.
Overall, the increasing awareness regarding health and wellness among consumers has played a pivotal role in driving the market growth. The demand for protein is likely to remain robust, fostering further innovation and expansion in the market as individuals continue to prioritize their well-being and seek convenient ways to meet their nutritional needs.
Opportunity
- Gradual Shift towards Clean-Label Products
Organic product demand is being driven by health-conscious consumers looking for clean-label and minimally processed alternatives. Individuals looking for wholesome, natural sources of nutrition will prefer organic rice protein, which is devoid of synthetic chemicals and genetically modified organisms. This establishes organic rice protein as a preferable option for health-conscious consumers, supporting the industry's growth. An important driving force for the organic food market is the emphasis on sustainability and environmental responsibility. Organic agricultural practices enhance soil health, biodiversity, and environmental sustainability. Choosing organic rice protein supports these principles by attracting environmentally conscious consumers who want products with less environmental footprints. This is consistent with broader trends favoring sustainable and environmentally friendly solutions. Organic rice protein becomes an attractive alternative as consumers adopt plant-based diets and seek plant-derived protein sources. Its plant-based composition caters to the growing popularity of vegetarian, vegan, and flexitarian diets. Furthermore, organic certification ensures that the food is produced utilizing sustainable and ethical farming practices, which adds to its value. Thus, organic rice protein offers certain advantages that cater to evolving consumer preferences and market trends, which are expected to create opportunities for market growth.
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Rice Protein Market
Chapter 3: Regional analysis of the Global Rice Protein Market industry
Chapter 4: Rice Protein Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Key Questions Answered with this Study
1) What makes Rice Protein Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Rice Protein Market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Rice Proteinin next few years?
8) What is the impact analysis of various factors in the Global Rice Protein Market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Rice Protein Market?
Global Rice Protein Market Regional Analysis/Insights
North America is expected to dominate the market due to the growing health and fitness awareness among consumers in the region. The U.S. is expected to dominate in the North America region due to increasing demand for plant-based proteins. China is expected to dominate in the Asia-Pacific region due to a rise in health and wellness trends. The U.K. is expected to dominate in the Europe region due to the growing application of rice protein in functional foods and beverages.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries.
Some of the major players operating in the global rice protein market are:
- Kerry Group plc.
- Gulshan Polyols Ltd.
- Gehl Foods LLC.
- Shafi Gluco Chem
- Prinova Group LLC.
- SACCHETTO S.P.A.
- Farbest Brands
- BENEO
- Tiba Trade
- Bioway (Xi'An) Organic Ingredients Co. Ltd.
- Pioneer Industries Private Limited
- SWEET ADDITIONS LLC.
- ETChem
- VR Enterprises
- Axiom Foods Inc.
- Singsino Group Limited
- AIDP
- Titan Biotech.
- Z-COMPANY
- Golden Grain Group Limited
- Foodchem International Corporation
- Lotioncrafter
- Creative Enzymes
- The Green Labs LLC.
- RAJVI ENTERPRISE
By Type (Isolates, Concentrates, and Hydrolysates), Category (Conventional and Organic), Source Type (Brown, White, Red, Black, and Others), Extraction Process (Wet Processing and Dry Processing), Modification Type (Thermal Modification, Chemical Modification, and Enzyme Modification), Protein Concentrates (>70% Protein, Between 20%-70%, and <20% Protein), Form (Dry and Liquid), Fortification (Regular and Fortified), Application (Food Products, Nutraceuticals and Dietary Supplements, Beverages, Animal Feed, Cosmetics and Personal Care, Pharmaceuticals, and Others)
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