Rice Protein Market Size WasValued at USD 798.2 Million in 2023, and is Projected to ReachUSD 1,146.0 Million by 2032, Growing at a CAGR of 4.1% From2024-2032.
Theglobal trade and consumption of protein obtained from rice grains is referredto as the "riceprotein market."Enzymatic procedures are used to separate the protein from brown rice in orderto extract rice protein. It is regarded as a superior plant-based proteinsource that is abundant in necessary amino acids, drawing vegetarians, vegans,and people following certain dietary guidelines to choose it over animal-based proteins.Whole-grain brown rice is used to extract rice protein, which is done by aseries of steps that include sifting, hydrolysis, separation, washing, drying,screening, and milling. Among its many useful benefits are improved watersolubility, improved texture, improved dry flow, and the ability to sort ofhide off-flavors in food products. As a result, it's used as a formulationagent, texturizer, thickener, and stabilizer in things like baked confections,soup mixes, beverage preparations, cereal products for breakfast, dairy productreplacements, fats and oils, plant protein products like pasta and grainproducts, and processed fruit, vegetable, and juices.
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Active Key Players in the Rice Protein Market
- AIDP Inc.
- Axiom Foods Inc.
- Bioway (Xi'an) Organic Ingredients Co. Ltd.
- Golden Grain Group Limited
- North Coast Naturals
- Nutribiotic, RiceBran Technologies
- Rollins International Pvt. Ltd.
- (RHA Holdings Private Ltd.)
- Shafi Gluco Chem Pvt. Ltd.
- The Green Labs LLC
- Top Health Ingredients Inc
- Other Major Players.
By Product
· Rice Protein Isolates
· Rice Protein Concentrates
· Others
By Application
· Food and Beverages
· Pharmaceutical
· Cosmetics
· Animal Feed
By Region
· North America (U.S., Canada,Mexico)
· Eastern Europe (Bulgaria, TheCzech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, UK,France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
· Asia Pacific (China, India,Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia,New-Zealand, Rest of APAC)
· Middle East & Africa(Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
· South America (Brazil,Argentina, Rest of SA)
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Rice Protein Market Trend Analysis:
In recentyears, the market for rice protein has grown significantly, propelled by anumber of important factors. Growing consumer demand for plant-based proteinsis one of the main causes, as more individuals switch to vegetarian and vegandiets for moral, ethical, and environmental reasons. The hypoallergenicqualities of rice protein make it an appealing substitute for people who areintolerant to dairy, soy, or gluten. Rice protein's appeal has been furtherenhanced by the rise in demand for clean-label and non-GMO products brought on bythe increased awareness of health and wellness.
All things considered, the market for rice protein is expected to grow further dueto ongoing advancements, growing consumer demand for plant-based foods, and theexpanding range of applications across several sectors.
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KeyIndustry Developments in the Rice Protein Market:
· In January2023, Roquette, a global leader in plant-basedingredients, invested in DAIZ Inc., a Japanese food tech startup. Thispartnership leverages DAIZ's germination and extrusion technology, enhancingplant-based food texture, flavor, and nutrition. Roquette aims to meet thegrowing global demand for innovative, sustainable plant-based ingredients withsuperior taste and quality.
· In September 2023, Anhui Shunxin Shengyuan Biological Food Co. andZXCHEM USA announced HydroRice™ PA80 and HydroPR™ 80. Available now in the USand Canada, these innovative protein powders, made without enzymes orhydrolyzation, utilize high-pressure homogenization and spray drying,revolutionizing plant-based dairy alternatives.
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