Organic Rice Protein Market
Organic Rice Protein Market by Type (Rice protein isolates, Rice protein concentrates, Others), by Application (Sports & energy nutrition drinks, Beverages, Dairy alternatives, Bakery & confectionery), by Form (Dry, Liquid), by Region (North America, Europe, Asia Pacific, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)
Market Snapshot
Organic Rice Protein Market Forecast Year: | 2022 - 2028 |
Organic Rice Protein Market Historical Year: | 2016 - 2021 |
Organic Rice Protein Market 2021: | USD 95.3 Million |
Organic Rice Protein Projected Market 2028: | USD 307.2 Million |
Organic Rice Protein Market CAGR: | 18.2% |
Fastest Growing Region: | Asia Pacific |
Largest Region: | North America |
Organic Rice Protein Market: By Type, Application, Form, and Region
Market Synopsis:
Global Organic Rice Protein Market is valued USD 95.3 Million in 2021 and estimated to reach a value of USD 307.2 Million by 2028 at a CAGR of 18.2% during the forecast period, 2022–2028.
When compared to other vegan alternatives like whey, pea or soy; organic rice contains an impressive range of health benefits such as helps in muscle gain and weight loss, boosts digestion, controls blood sugar, reduces stress, anxiety & depression levels, contains essential amino acids for enhanced protein synthesis. These benefits make it better than other vegan alternatives. Besides being a popular alternative among vegetarians, fitness enthusiasts and those with food allergies; Organic Rice Protein is often recommended by healthcare professionals for diabetics as well as high blood pressure patients seeking low sodium recipes that won't impact their cardiovascular health.
Growing Popularity among Vegan and Vegetarian to Drive Growth of Organic Rice Protein Market
In times where the market is being overtaken by engineered foods, it is becoming tough for natural food products to stand out. In such a scenario, Organic Rice Protein has been witnessing growing demand from health-conscious individuals around the world over the past few years. The plant-based product – which can be used as a substitute for whey and soy – delivers an array of benefits that have made it so popular among fitness freaks, athletes and even weight watchers.
The ingredient has gained immense popularity among vegetarians who need to step up their protein intake. It is also used by vegans and people with gluten intolerance. A decent amount of research shows that rice protein can bring about changes in the insulin synthesis, which makes it effective in controlling blood sugar levels. For fitness enthusiasts, this plant-based product provides the necessary building blocks (without cholesterol) for muscle growth and fat loss. When combined with regular workouts, rice protein enhances body's endurance capacity and reduces the recovery time post exercise.
Market Segmentation:
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By Application, Sport and Nutrition segment to Witness Fastest Growth
Organic Rice Protein is enjoying significant growth since is it is good for vegetarians and non-vegetarian athletes alike. More number of athletes are preferring the product for maintaining a high protein diet with regular workouts due to Organic Rice Protein offers amino acids like arginine and glutamic acid which improve the growth of muscles and also assist in increasing workout intensity levels without causing any side effects such as fatigue or muscle injury. This makes it majorly preferred by athletes when compared to other vegan proteins.
North America to Dominate Organic Rice Protein Market
North America is the major consumer of Organic Rice Protein and growing demand will drive revenue growth in organic ingredients during the forecast period. The Organic Rice Protein industry has been growing at a significant pace over the past few years in the region, which is driven by factors such as increasing demand for organic ingredients from cosmetic and food & beverage industries, growing popularity of organic food products, and awareness about environmental benefits of organic products. However, availability of organic ingredients in different parts of the organic food and organic cosmetics and personal care industries has been a major challenge for manufacturers.
Key Players:
Market Segmentation:
- Type
- Rice protein isolates
- Rice protein concentrates
- Others
- Application
- Sports & energy nutrition drinks
- Beverages
- Dairy alternatives
- Bakery & confectionery
- Meat analogues & extenders
- Others
- Form
- Dry
- Liquid
- Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Parameter | Details |
---|---|
Market Size Provided for Years | 2016-2028 |
Base Year | 2021 |
Historic Years | 2016-2020 |
Forecast Years | 2022-2028 |
Segments Covered |
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Region & Counties Covered |
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Companies Covered |
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Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
Frequently Asked Questions
-
What is
the global demand for Organic Rice Protein
in terms of revenue?
The global Organic Rice Protein valued at USD 95.3 Million in 2020 and is expected to reach USD 307.2 Million in 2028 growing at a CAGR of 18.2%
-
Which
are the prominent players
in the market?
The prominent players in the market are AIDP, Inc. (US); Axiom Foods (US); Shaanxi Fuheng (FH) Biotechnology Co. Ltd. (China); RiceBran Technologies (US); Golden Grain Group Limited (China); Top Health Ingredients, Inc. (Canada); Ribus, Inc. (US); Bioway (Xi’an) Organic Ingredients Co. Ltd. (China), Green Labs, LLC (US); and Shafi Gluco-Chem (Pvt.) Ltd. (Pakistan)..
-
At what CAGR is the market projected to grow within the forecast period?
The market is project to grow at a CAGR of 18.2% between 2021 and 2028.
-
What are
the driving factors
fueling the growth of the market.
The driving factors of the Organic Rice Protein include
- Growing Popularity among Vegan and Vegetarian
-
Which
region accounted for the
largest share in the market?
North America was the leading regional segment of the Organic Rice Protein in 2020.