The Global Organic Rice Protein Market size is expected to reach USD 429.6 Million in 2030 and register a revenue CAGR of 18.1% over the forecast period, according to latest report by Reports and Data. Increasing demand for organic rice-based protein and rising adoption of nutritional and sustainable diets among consumers are expected to drive market revenue growth during the forecast period.
Rapid implementation of advanced technologies and rising innovations in new rice protein sources are expected to boost growth of the organic rice protein market in near future. Increasing demand for protein from brown rice is leading to rising innovations in new rice protein sources and rapid implementation of protein extraction technologies. Growing research initiatives to substitute animal protein with plant-based protein to provide sustainability with natural ingredients and quality nutrition is another factor expected to drive growth of the market over the forecast period.
Additionally, increasing research development initiatives by protein manufacturers for development of new rice protein sources with a combination of bean protein to provide greater nutritional benefits is an important factor expected to boost growth of the market. Increasing innovation to develop new biotin and organic protein products by manufacturers is also driving growth of the organic rice protein market. Moreover, various start-up are coming up with latest skin and hair protein supplements with organic rice protein, which is further increasing adoption of organic rice protein. This is expected to drive revenue growth of the organic rice protein market.
However, high cost of organic rice protein and concerns regarding low consumer awareness about nutritional benefits of rice protein are some factors expected to hamper revenue growth of the market during the forecast period. Additionally, lack of antioxidants, fibers, and minerals in rice protein products can lead to insufficient nutrition, which is expected to hamper market growth. Furthermore, consistently exceeding daily protein requirements can lead to major health problems, such as high blood cholesterol, weight gain, and heart and kidney disease, which is another factor expected to limit adoption of organic rice protein.
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The Organic Rice Protein market investigation report assesses the global market for the Organic Rice Protein industry and provides revenue and capability forecasts for the projected period of 2023-2030. The factors that drive the industry's growth are highlighted in the report. The report divides the Organic Rice Protein market into main categories such as forms, applications, end-users, technology, and others for a better understanding. These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets. The report also examines the industry's major players, including their product portfolios, company overviews, strategic growth strategies, revenue generation, market share and size, geographic presence, and development and manufacturing capabilities.
Some of the Leading Market Players Are Listed Below:
- Nutrition Resources Inc. HealthWise,
- AIDP Inc.,
- Golden Grain Group Ltd.,
- Axiom Foods Inc.,
- RiceBran Technologies,
- Shafi Gluco Chem Pvt. Ltd.,
- Shaanxi Fuheng (FH) Biotechnology Co. Ltd.,
- The Green Labs LLC,
- Top Health Ingredients Inc.,
- Bioway (Xi’an) Organic Ingredients Co. Ltd.
Market Overview:
All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.
As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.
Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has even been talk of levying a tax on foods linked to obesity to deter people from eating them.
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Market Segmentation:
By Protein Type Outlook
- Rice Protein Concentrates
- Rice Protein Isolates
- Others
By Form Outlook
- Dry
- Liquid
By Application Outlook
- Foods Beverages
- Meat Substitutes Extenders
- Bakery Confectionery
- Sports Energy Nutrition
- Dairy Alternatives
- Others
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Organic Rice Protein market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Organic Rice Protein market.
The Global Organic Rice Protein Market Is Segmented Into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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