Global Organic Rice Protein Market By Product (Hydrolysates, Isolates and Concentrates), By Application (Meat Analogues & Extenders, Sports & Energy Nutrition, Dairy Alternatives, Bakery & Confectionery, and Other Applications), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: Nov 2021
- Report ID: 20935
- Number of Pages: 224
- Format:
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Organic Rice Protein Market Overview:
The valuation of Global organic rice protein market was USD 98.12 million at a CAGR of 18.27% in 2021. It is expected to grow rapidly over the forecast period.
Global Organic Rice Protein Market Analysis:
Product Analysis
There are many forms of organic rice protein, including hydrolysates, isolates, and concentrates.
The most popular form of the product was the isolate, which accounted for about half of the market in 2021. It contains over 88.12% of its protein, which will increase its use in cooking and baking.
It can also be used as a flavor enhancer for food and beverages. Because of their low cost and high investment, concentrates will likely see significant growth.
Application Analysis
With a significant market share, organic rice protein was dominated by sports & energy nutrition applications. It improves metabolism and keeps sugar levels under control. Organic rice protein has been quickly accepted in sports nutrition and energy nutrition applications.
Due to the increase in vegans, meat analogs and extenders will see their product demand grow at a rapid pace. A high preference for vegan food over non-vegetarian foods is expected to have a positive effect on growth.
Key Market Segments:
By Product
- Hydrolysates
- Isolates
- Concentrates
By Application
- Sports & Energy Nutrition
- Dairy Alternatives
- Meat Analogues & Extenders
- Bakery & Confectionery
- Other Applications
Market Dynamics:
Its non-GMO, non-toxic, vegan, organic, and non-GMO nature will likely drive its demand in many food & beverages products. Hypoallergenic rice protein can replace dominant allergens such as soy, milk, and gluten proteins.
Organic rice protein is a protein that has been derived from organically grown, unprocessed rice. It contains methionine as well as cysteine. The amino acids in organic rice protein are vital for the body’s muscles and immune system as well as for building tissues. The average amount of protein in organic powder protein is approximately 78.26% and can be used in both hot and cold dishes.
Plant-based proteins produce 11 times less carbon than animal-based protein production. Plants are more environmentally friendly than proteins from meat, fish, poultry, milk, cheese, and pork. Organic products are likely to see an increase in demand, which will have a positive effect on the market over the forecast period.
This product is increasingly being used in non-dairy beverages and sports & recovery drinks formulations. Market growth is expected to be driven by increased R&D to create a high-quality products. Over the forecast period, new opportunities will be created by organic rice protein’s low cost and superior qualities.
The market will continue to develop due to changing consumer demands and increased focus on non-GMO, gluten-free, and hexane-free products. The final price of organic rice protein is determined by the manufacturing process. It is heavily dependent on the manufacturing method, the properties of the product, and the cost of various approvals.
The key market driver has been the rising demand for organic rice protein by athletes and other sportspeople. Organic rice protein is preferred by consumers over soy and whey proteins, as it doesn’t cause allergies. The global market for organic protein will be driven by growing health concerns and a rising preference for healthier eating habits.
The product’s wide-ranging functions in the food and beverage industry such as foaming, viscosity, gelation, and solubility will likely increase its use over the next few years. The industry will face challenges over the forecast period due to low awareness of rice protein and the availability of many other products on the market.
Regional Analysis:
North America was the dominant market accounting for 48% of the total market in 2021. This is due to the high focus on fitness and sports in North America, especially in the U.S. The product’s market penetration has been aided by the presence of major manufacturers in the region.
The fastest growth in Europe is expected to occur over the forecast period due to growing consumer awareness through social media, particularly in France, UK, and Germany. The region’s increasing use of meat analogs is expected to increase demand over the forecast period.
Key Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share Analysis:
Global market players are embracing partnerships and agreements as their key strategy. Companies have sought to expand their global reach through partnerships and expansion of distribution channels.
Manufacturers have also been investing more in R&D to create high-quality products to obtain approvals and certifications from organizations like FDA. These factors will likely lead to increased competition among players in the future.
Key Market Players:
- Axiom foods Inc.
- Bioway Organic Ingredients Company. Ltd.
- AIDP Inc.
- Top Health Ingredients Inc.
- Shaanxi Furheng (FH),
- Biotechnology Co., Ltd
- Rice Bran Technologies
- The Green Labs LLC.
- Other Key Player
For the Organic Rice Protein Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
Q: What is the size of the Organic Rice Protein market in 2021?The Organic Rice Protein market size is estimated to be US$ 98.12 million in 2021.
Q: What is the projected CAGR at which the Organic Rice Protein market is expected to grow at?The Organic Rice Protein market is expected to grow at a CAGR of 18.27% (2023-2032).
Q: List the segments encompassed in this report on the Organic Rice Protein market?Market.US has segmented the Organic Rice Protein market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Product, market has been segmented into Hydrolysates, Isolates & Concentrates. By Application, the market has been further divided into Sports & Energy Nutrition, Dairy Alternatives, Meat Analogues & Extenders, Bakery & Confectionery & Other Applications.
Q: List the key industry players of the Organic Rice Protein market?Axiom foods Inc., Bioway Organic Ingredients Company. Ltd., AIDP Inc., Top Health Ingredients Inc., Shaanxi Furheng (FH), Biotechnology Co., Ltd, Rice Bran Technologies, The Green Labs LLC. & Other Key Player are engaged in the Organic Rice Protein market.
Q: Which region is more appealing for vendors employed in the Organic Rice Protein market?North America is expected to account for the highest revenue share of 48%. Therefore, the Organic Rice Protein Technology industry in North America is expected to garner significant business opportunities over the forecast period.
Q: Name the key areas of business for Organic Rice Protein?The US, China, Japan, India, Brazil, Germany, UK, France, Italy, Spain, etc. are key areas of operation for Organic Rice Protein Market.
Q: Which segment accounts for the greatest market share in the Organic Rice Protein industry?With respect to the Organic Rice Protein industry, vendors can expect to leverage greater prospective business opportunities through the Isolates Organic Rice Protein segment, as this area of interest accounts for the largest market share.
- Axiom foods Inc.
- Bioway Organic Ingredients Company. Ltd.
- AIDP Inc.
- Top Health Ingredients Inc.
- Shaanxi Furheng (FH),
- Biotechnology Co., Ltd
- Rice Bran Technologies
- The Green Labs LLC.
- Other Key Player
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