Rice protein is a key player in muscle building and recovery due to its ability to supply essential amino acids vital for muscle protein synthesis. This nutrient-rich protein source is particularly beneficial in post-workout nutrition, aiding in the repair and growth of muscle tissues. Its amino acid profile, including leucine, isoleucine, and valine, supports optimal recovery by facilitating protein synthesis and minimizing muscle breakdown. It is easily digestible, making it an excellent choice for individuals with dietary restrictions or sensitivities.
According to Data Bridge Market Research analyzes the Global Rice Protein Market is expected to reach USD 3,72,364.71 thousand by 2031 from USD 2,67,240.29 thousand in 2023, growing at a CAGR of 4.3% in the forecast period of 2024 to 2031.
"Rise in health and wellness trends boosts the market growth"
The rise in health and wellness trends has emerged as a key driver for the global rice protein market. As consumers increasingly prioritize healthier lifestyles, there is a growing demand for plant-based protein sources such as rice protein. It is fueled by a surge in vegetarian and vegan diets, heightened awareness of allergen-free alternatives, and a focus on sustainable and clean-label products. Rice protein, a hypoallergenic and easily digestible plant-based protein, aligns well with these health-conscious consumer preferences.
What restraints the growth of the global rice protein market?
“Allergen labeling concerns hamper the market growth”
The global rice protein market faces a significant restraint in the form of allergen labeling concerns. Consumers with allergies or intolerances depend on accurate and comprehensive labeling to make informed decisions about the products they purchase. Rice protein products may pose challenges in allergen labeling, potentially leading to uncertainties regarding allergens such as gluten or other contaminants.
Segmentation: Global Rice Protein Market
The global rice protein market is segmented into nine notable segments based on type, category, source type, extraction process, modification type, protein concentration, form, fortification, and application.
- On the basis of type, the global rice protein market is segmented into isolates, concentrates, and hydrolysates
- On the basis of category, the global rice protein market is segmented into conventional and organic
- On the basis of source type, the global rice protein market is segmented into brown, white, red, black, and others
- On the basis of extraction process, the global rice protein market is segmented into wet processing and dry processing
- On the basis of modification type, the global rice protein market is segmented into thermal modification, chemical modification, and enzyme modification
- On the basis of protein concentration, the global rice protein market is segmented into >70% protein, between 20%-70%, and <20% protein
- On the basis of form, the global rice protein market is segmented into dry and liquid.
- On the basis of fortification, the global rice protein market is segmented into regular and fortified
- Based on application, the global rice protein market is segmented into food products, nutraceuticals and dietary supplements, beverages, animal feed, cosmetics and personal care, pharmaceuticals, and others
Regional Insights: North America is expected to dominate the Global Rice Protein Market
In the North America, the U.S. is expected to dominate the market due to the increasing awareness of health and fitness among consumers. This heightened consciousness drives a surge in demand for plant-based proteins as individuals seek healthier dietary alternatives. Consequently, the plant-based protein market is anticipated to thrive in the region, with the U.S. expected to lead this growth trajectory.
In the Asia-Pacific, China is expected to dominate the market due to a surge in health and wellness trends. The growing awareness of healthy lifestyles and nutritional choices among Chinese consumers fuels the demand for products aligned with these trends. With an increasing focus on well-being, there is a heightened preference for health-oriented goods, positioning China at the forefront of the regional market. This trend will lead to sustained market growth as the Chinese population prioritizes health-conscious consumption patterns.
In Europe, the U.K. is expected to dominate the market due to its increasing incorporation into functional foods and beverages. The rising demand for healthier and plant-based alternatives in the food industry has spurred the adoption of rice protein, and the U.K. stands at the forefront of this trend. With a robust market for functional products, the country is expected to dominate Europe as consumers increasingly prioritize plant-based protein sources for their nutritional needs.
To know more about the study, visit https://www.databridgemarketresearch.com/reports/global-rice-protein-market
Recent Developments in the Global Rice Protein Market
- In August 2023, Bioway (Xi'An) Organic Ingredients Co., Ltd. welcomed Anurag, a buyer from India, for discussions on potential collaboration in procuring plant-based protein powder, aiming to establish a sustainable supply chain for Bioway Organic's high-quality organic protein powder in a long-term partnership
- In March 2023, Creative Enzymes participated in PepTalk 2023, fostering connections with protein science researchers worldwide. The event provided an opportunity to share case studies, unpublished data, and collaborative solutions to enhance biotherapeutics R&D
- In February 2023, Creative Enzymes showcased innovative solutions at the Annual Biophysical Society Meeting in San Francisco, California. The participation facilitated the unlocking of new possibilities and garnered attention from the scientific community
- In September 2021, Prinova Group LLC. (“Prinova”), a NAGASE Group Company, finalized the acquisition of industry expert The Ingredient House, LLC (“TIH”). This strategic move strengthened Prinova’s position in sweeteners, polyols, and specialty ingredients, both domestically and internationally, marking a significant milestone in its continued growth in the ingredient distribution space
- In August 2021, Gehl Foods, LLC. celebrated 125 years of achievements, evolving from a modest three-room creamery in Germantown, Wisconsin, to becoming the nation's leading FDA-approved aseptic manufacturer. This transformative journey expanded market share, positioning Gehl Foods as a competitive force in the aseptic manufacturing sector
The Prominent Key Players Operating in the Global Rice Protein Market Include:
- Kerry Group plc. (Ireland)
- Gulshan Polyols Ltd. (India)
- Gehl Foods, LLC. (U.S.)
- Shafi Gluco Chem (Pakistan)
- Prinova Group LLC. (U.S.)
- SACCHETTO S.P.A. (Italy)
- Farbest Brand (U.S.)
- BENEO (Germany)
- Tiba Trade (Egypt)
- Bioway (Xi'An) Organic Ingredients Co., Ltd. (China)
- Pioneer Industries Private Limited (India)
- SWEET ADDITIONS, LLC. (U.S.)
- ETChem (China)
- VR Enterprises (India)
- Axiom Foods, Inc. (U.S.)
- Singsino Group Limited (China)
- AIDP (U.S.)
- Titan Biotech. (India)
- ZCOMPANY (Netherlands)
- Golden Grain Group Limited (China)
- Foodchem International Corporation (China)
- Lotioncrafter (U.S.)
- Creative Enzymes (U.S.)
- The Green Labs LLC. (U.S.)
- RAJVI ENTERPRISE (India)
Above are the key players covered in the report, to know about more and exhaustive list of global rice protein market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Rice Protein Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
