Rice protein is a plant-based protein that is used in human nutrition as an alternative to the whey and soy protein isolates. Rice protein is most commonly used in its powder form which is prepared by grinding rice grains and treating it with enzymes that separate the carbohydrates or starch from proteins. It is used mostly as a dietary supplement and often mixed with pea protein powder to develop a superior amino acid profile.
MARKET DYNAMICS
The increasing importance of protein in human nutrition has created significant opportunities for the protein industry in recent years. The rapidly burgeoning trend of following vegetarian or vegan diets in the west has created a substantial demand for rice protein and other plant-based proteins to meet the daily protein requirements. As consumers who avoid eating meat products rich in proteins try to meet their daily nutritional requirements by consuming rice protein supplements, the rice protein industry is anticipated to witness significant growth. Rice protein, however, does not meet the criteria to be considered as a complete protein. This may sway consumers to opt for complete proteins sourced from other plant sources such as tofu, tempeh, chia seeds, and quinoa and hinder the growth of the rice proteins market.
MARKET SCOPE
The "Global Rice Protein Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the rice protein market with detailed market segmentation by product, application, end use industry, and geography. The global rice protein market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rice protein market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global rice protein market is segmented on the basis of product, application, and end use industry. On the basis of product, the rice protein market is segmented into rice protein isolates, rice protein concentrates, and others. The rice protein market on the basis of application is classified into sports & energy nutrition, bakery & confectionery, meat analogues & extenders, dairy alternatives, and others. Based on end use industry, the global rice protein market is divided into food and beverages, pharmaceutical, cosmetics, and animal feed.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global rice protein market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The rice protein market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the rice protein market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the rice protein market in these regions.
MARKET PLAYERS
The reports cover key developments in the rice protein market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the rice protein market are anticipated to lucrative growth opportunities in the future with the rising demand for rice protein in the global market. Below mentioned is the list of few companies engaged in the rice protein market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the rice protein market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- ADIP Inc
- Axiom foods Inc
- Beneo GmBh
- Golden Grain Group
- Healy Group Limited
- Jiangxi Golden Agriculture Biotech Co. Ltd.
- Kerry Group PLC
- Rice Bran Technologies
- Shafi Gluco Chem Pvt. Ltd
- The Green Labs LLC
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.