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Global Rice Protein Market: By Product Type: Rice Protein Isolates, Rice Protein Concentrates, Others; By Application: Food and Beverages, Pharmaceuticals, Cosmetics, Animal Feed; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Rice Protein Market Outlook

The global rice protein market  is expected to grow in the forecast period of 2022-2027 at a CAGR of 8.4% to reach USD 215.2 million by 2026.

 

Global Rice Protein Market

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Thriving Food and Beverages Sector to Catalyse the Growth of the Global Rice Protein Industry

Based on application, the food and beverages segment is predicted to hold a significant market share in the rice protein industry in the forecast period. Many prominent rice protein manufacturers are investing in product development in order to maintain profitability and stay ahead in a highly competitive industry. Rice protein is widely used as a thickener, stabiliser, and food texturising agent to prepare baked goods, beverages, and dairy products, among others. The market is expected to be aided by the rising consumer awareness of healthy lifestyle and the increased R&D activities by the manufacturers to launch new products. Additionally, the rising demand for gluten-free products, especially dairy, as a result of an increase in the number of people suffering from digestive problems is anticipated to significantly contribute to the growth of the segment.

 

The Asia Pacific to Provide Significant Growth Opportunities to the Rice Protein Industry

Geographically, North America accounts for a significant share in the rice protein industry. This can be attributed to the rising demand for rice protein among food manufacturers, as it is a better alternative to whey and soy protein due to its better digestibility and taste. It is in great demand for manufacturing healthy shakes and sports drinks. Meanwhile, the Asia Pacific is expected to witness a robust growth in the forecast period due to the increasing investment in the research and development of rice protein production, such as the machinery and equipment required in the process, to increase productivity and profitability. In addition, the increasing demand for functional and fortified food products in the Asia Pacific is expected to provide significant opportunities for the market expansion over the forecast period.

 

Rice Protein: Market Segmentation

Rice protein is a vegan protein powder made from white and brown rice. Rice protein is rich in cysteine and methionine, the sulphur-containing amino acids, but low in lysine. Protein intake is essential for a healthy body and an active lifestyle. Although there are many different protein supplements that are available in the market, rice protein is becoming increasingly popular among vegans and vegetarian consumers as they are considered highly nutritious, low in calories, and allergy free.

 

Global Rice Protein Market by Segment

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By product type, the market is divided into:

  • Rice Protein Isolates
  • Rice Protein Concentrates
  • Others

Based on application, the industry can be segmented into:

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetics
  • Animal Feed

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Rice Protein Market by Region

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Rising Health Consciousness Among Consumers to Bolster the Growth of the Rice Protein Industry

The global rice protein industry is being driven by the rising health concern among consumers and the growing shift towards a healthier and more active lifestyle. The nutritional and hypoallergenic properties of rice protein products are the key highlights, which make them competitive with leading alternative protein products. Eventually, the overall market is expected to benefit from the increasing prevalence of healthy food trends. The major key factor driving the demand for rice protein worldwide is the growing adoption of plant-based diet among consumers to minimise the consumption of animal products due to allergens and additional processing. In addition, many media outlets are aggressively promoting the benefits of plant-based proteins to improve one's health. Hence, the consumption of protein-fortified food items is expected to be in high demand. Over the forecast period, the growing investments to explore the potential applications of rice protein are expected to significantly contribute to the market growth.

 

Key Industry Players in the Global Rice Protein Market

The report presents a detailed analysis of the following key players in the global rice protein market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • AIDP, Inc.
  • Axiom Foods Inc.
  • Bioway (Xi'An) Organic Ingredients Co., Ltd
  • Golden Grain Group Limited
  • RiceBran Technologies
  • Shaanxi Fuheng (FH) Biotechnology Co., Ltd
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and
Forecast Market Analysis by Segment- Product Type, Application, Region
Breakup by Product Type Rice Protein Isolates, Rice Protein Concentrates, Others
Breakup by Application Food and Beverages, Pharmaceuticals, Cosmetics, Animal Feed
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered AIDP, Inc., Axiom Foods Inc., Bioway (Xi'An) Organic Ingredients Co., Ltd, Golden
Grain Group Limited, RiceBran Technologies, Shaanxi Fuheng (FH) Biotechnology Co., Ltd, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Rice Protein Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Rice Protein Historical Market (2017-2021) 
    8.3    Global Rice Protein Market Forecast (2022-2027)
    8.4    Global Rice Protein Market by Product Type
        8.4.1    Rice Protein Isolates
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Rice Protein Concentrates
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Others
    8.5    Global Rice Protein Market by Application
        8.5.1    Food and Beverages
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Pharmaceuticals
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Cosmetics
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Animal Feed
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
    8.6    Global Rice Protein Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    AIDP, Inc.
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Axiom Foods Inc.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Bioway (Xi'An) Organic Ingredients Co., Ltd
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Golden Grain Group Limited
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    RiceBran Technologies
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Shaanxi Fuheng (FH) Biotechnology Co., Ltd
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Others
14    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Rice Protein Market: Key Industry Highlights, 2016 and 2026
2.    Global Rice Protein Historical Market: Breakup by Product Type (USD Million), 2017-2021
3.    Global Rice Protein Market Forecast: Breakup by Product Type (USD Million), 2022-2027
4.    Global Rice Protein Historical Market: Breakup by Application (USD Million), 2017-2021
5.    Global Rice Protein Market Forecast: Breakup by Application (USD Million), 2022-2027
6.    Global Rice Protein Historical Market: Breakup by Region (USD Million), 2017-2021
7.    Global Rice Protein Market Forecast: Breakup by Region (USD Million), 2022-2027
8.    North America Rice Protein Historical Market: Breakup by Country (USD Million), 2017-2021
9.    North America Rice Protein Market Forecast: Breakup by Country (USD Million), 2022-2027
10.    Europe Rice Protein Historical Market: Breakup by Country (USD Million), 2017-2021
11.    Europe Rice Protein Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Asia Pacific Rice Protein Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Asia Pacific Rice Protein Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Latin America Rice Protein Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Latin America Rice Protein Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Middle East and Africa Rice Protein Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Middle East and Africa Rice Protein Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Global Rice Protein Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 8.4% between 2022 and 2027.

The major drivers of the industry such as the increasing popularity among health-conscious consumers, growing demand for vegan products,  growing investments to explore the potential applications of rice protein, increasing demand for functional and fortified food products, and rising demand for gluten-free products are expected to aid the market growth.

The key market trends guiding the growth of the industry include the rising health concern among consumers and the growing shift towards a healthier and more active lifestyle.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant categories of the product include rice protein isolates and rice protein concentrates, among others.

The market is divided based on applications into food and beverages, pharmaceuticals, cosmetics, and animal feed.

The major players in the industry are are AIDP, Inc, Axiom Foods Inc, Bioway (Xi'An) Organic Ingredients Co., Ltd, Golden Grain Group Limited, RiceBran Technologies, and Shaanxi Fuheng (FH) Biotechnology Co., Ltd, among others.

Analyst Review

The global rice protein market has been driven by the increasing popularity of the product among health-conscious consumers in the historical period. Aided by the growing demand for vegan products and growing shift towards a healthier and more active lifestyle, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 8.4%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product type, the market is divided into rice protein isolates and rice protein concentrates, among others. Based on application, the industry can be segmented into food and beverages, pharmaceuticals, cosmetics, and animal feed. The major regional markets for rice protein are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include AIDP, Inc, Axiom Foods Inc, Bioway (Xi'An) Organic Ingredients Co., Ltd, Golden Grain Group Limited, RiceBran Technologies, and Shaanxi Fuheng (FH) Biotechnology Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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