Rice Protein Market Size, Share, Trends, Growth and Forecast 2032

Global Rice Protein Market Insights

Zion Market Research has published a report on the global Rice Protein Market, estimating its value at USD 890.8 Million in 2023, with projections indicating that it will reach USD 1312.46 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.4% over the forecast period 2024-2032.

The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Rice Protein industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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Global Rice Protein Market: Overview

Rice protein is rich in vitamin E, amino acids, ferulic acid, starch, and allatoin; it helps in maintaining good health of body and skin. It is a plant protein type and acts as a substitute to whey- and soy-based additives. It also has a high content of sulfur-containing amino acids, cysteine, and methionine; this makes it ideal for use in pharmaceutical industry. Intake of rice protein helps reduce blood sugar level and in burning fat, further aiding in fat loss.

Rice protein also contains a considerable amount of alanine and glutamine, which enhances skin cell hydration. It is widely used in a variety of bakery items and energy supplements due to its high nutritional value as well as functional properties. In addition, rice protein helps in enhancing the body metabolism and keeping the sugar level in control. It is a vegetarian food item, which is derived from both brown and white rice.

Global Rice Protein Market: Growth Factors

High demand for pharmaceutical, sports nutrition, and cosmetic industries is expected to propel the global rice protein market in future. Furthermore, rising per-capita income and changing consumer preference for nutritious diet will enhance the overall demand in the global market. Rising demand for organic rice protein owing to several health benefits has propelled the vegan market. Growing vegan population worldwide contributes to increasing number of consumers looking for healthier and cleaner food.

This further boosts the global market growth. High organic/natural cosmetic products demand, those products that reduce the side effects risk, is anticipated to positively impact the global rice protein market growth in future.

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Global Rice Protein Market: Segmentation

The global rice protein market is segmented on the basis of form, product, and application. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on the form, the global market is segmented as inorganic and organic.

On the basis of product, the global rice protein market is segmented as concentrates, isolates, and hydrolysates.

Based on the application, the global market is segmented as bakery & confectionery, sports & energy nutrition, dairy alternatives, and meat analogues & extenders—these come under the organic category.

Those under inorganic category include pharmaceutical, food & beverages, cosmetic, and animal feed.

Rice Protein Market: Report Scope

Global Rice Protein Market: Regional Analysis

Europe is anticipated to dominate the global rice protein market in the near future mainly owing to the high demand of the product in the region. This growth can also be attributed to the high demand from France, Germany, and the UK. Major focus on healthier lifestyle as well as a high allergen and gluten-free product demand may motivate the regional growth. Furthermore, China is also anticipated to witness high growth owing to rising nutritional products demand.

Global Rice Protein Market: Competitive Players

Some of the major players in the global rice protein market are -

• Axiom Foods Inc.
• AIDP Inc.
• Nutrition Resource Inc.
• RiceBran Technologies.

This report segments the Global Rice Protein Market as follows:

Global Rice Protein Market: Based On The Form Analysis

• Inorganic 
• Organic

Global Rice Protein Market: Basis Of Product Analysis

• Concentrates
• Isolates
• Hydrolysates

Global Rice Protein Market: Based On The Application Analysis

• Bakery & Confectionery, 
• Sports & Energy Nutrition, 
• Dairy Alternatives, And 
• Meat Analogues & Extenders—these Come Under The Organic Category.

Global Rice Protein Market: Inorganic Type Analysis

• Pharmaceutical
• Food & Beverages
• Cosmetic
• Animal Feed

Global Rice Protein Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Report Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.