Scope of the Study
Rice protein refers to a vegetarian protein which is rich in vitamin E, amino acids, ferulic acid, and starch. The rice protein may be in the form of powder which sometimes it may be flavoured or added to smoothies or health shake. Rice protein has a high content of sulphur-containing amino acids, cysteine, and methionine. It helps to reduce blood sugar level and burns fat and aid in fat loss. It also allows maintaining the good health of body and skin. and Organic rice protein refers to the rice protein which is produced by means of a unique enzymes process. It is organically grown and may be used to make organic rice syrup or powder. Organic rice protein is a major dietary source and is made without the usage of preservatives or polychlorinated biphenyl (PCB). The growing awareness about the dietary source and food products that avoid using preservatives has augmented the growth of the organic rice protein market.
The market study is being classified by Type (Rice Protein Concentrates, Rice Protein Isolates and Others), by Application (Sports & Energy Nutrition Drinks, Dairy Alternatives, Beverages, Bakery & Confectionery, Meat Analogues & Extenders and Others (soups, sauces, salad dressings, spices, pasta, frozen fruits, breakfast foods, flavour enhancements & savory flavours, infant formula)) and major geographies with country level break-up. According to AMA, the Global Organic Rice Protein market is expected to see growth rate of 18.74% and may see market size of USD170.23 Million by 2024.
Axiom Foods Inc. (United States), AIDP (United States), RiceBran Technologies (United States), Shafi Gluco Chem. (Pakistan), Wuxi Jinnong Biotechnology Co., Ltd (China), BENEO-Orafti SA (Germany), Top Health Ingredients, Inc. (Canada), Green Labs, LLC (United States), OPW Ingredients (Germany), Nutrition Resource Inc. (United States), Bioway (Xi'an) Organic Ingredients Co., Ltd. (China) and RiceBran Technologies (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Shaanxi Fuheng (FH) Biotechnology Co. Ltd. (China), Golden Grain Group Limited (China), Ribus, Inc. (United States), Bioway (Xi’an)Organic Ingredients Co. Ltd. (China) and Jiangxi Yiwanjia Organic Agriculture Development Limited Company (China).
Rice protein manufacturers are trying to employ organic manufacturing techniques and increase the productivity of organic rice grains. Many researchers are working on inventing distinct organic flavours or additives which will attract more consumers towards the rice proteins. Also, a number of researchers are constantly working on inventing new and better ways of producing healthy and organic vegan proteins.The Vendors having a strong hold in the market are Axiom Foods, Inc. (U.S.), AIDP, Inc. (U.S.), RiceBran Technologies (U.S.). Research Analyst at AMA predicts that United States, Chinese Vendors will contribute to the maximum growth of Global Organic Rice Protein market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Organic Rice Protein market by Type, Application and Region. On the basis of Type, Rice rotein isolates are dominating the market in the year 2018
On the basis of application, Sports & Energy Nutrients segment is dominating the market in the year 2018
On the basis of geography, the market of Organic Rice Protein has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. If we see Market by Brand, the sub-segment i.e. Proryza will boost the Organic Rice Protein market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Dry Form will boost the Organic Rice Protein market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand for Proteins from Sports and Athletics
- Increasing Popularity of Organic Rice Protein Due to Higher Protein Composition
- Rise in Consumption of Healthy Foods and Drinks
- Surging Demand for Organic Rice Protein Due To Its Functional Properties
- Changing Consumer Preference towards a Healthier Lifestyle
- Increasing Application of Protein in Nutraceuticals, Food & Beverages, and Health Supplements
- Lack of Awareness among People in Developing Countries about Rice Protein
- Rising Application Of Conventional Rice Protein In Food & Beverage Industry
- Consumers Looking for Non-Allergen, Lactose-Free, and Gluten-Free Source of Protein
- Competition From Other Plant Proteins Existing in the Market
Rice protein is one of the significant sources of vegan protein. The rice protein is distinguished among organic and conventional rice protein. Organic and inorganic nature of these rice proteins is recognized by the production method of raw rice grains and by the additives or chemicals used in the rice protein production. According to the previous research studies, though rice protein is the most preferable alternative to soy or other vegan proteins, it is been observed that the conventional rice proteins containing chemicals and additives are showing major side effects to the consumers such as cramps, nausea, dehydration, reduced appetite, tiredness (fatigue), bloating, and headache. Thus, the number of ongoing researches are focusing on minimizing the side effects of rice proteins.
Regulatory bodies such as GRAS and FDA, federal agency of health and human services create, develop and imitate polices for food production and protect consumer from environmental issues. It ensures product lacking and application awareness coupled with completion from plant protein which may hinder the industry profitability.
Key Target Audience
Protein Product And Ingredients Manufacturer, Protein Product And Ingredient Suppliers, Technology, Equipment And Solution Providers, Private Utility Players, Distribution Consultancies, Government And Research Organization and Others
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