Rice Protein Market Is Expected To Record A CAGR of 8.2% From 2013 To 2024
San
Francisco, 17 September 2018 - The global rice protein market is expected to reach USD 198.5
million by 2025, according to a new report by Grand View Research, Inc. Growing
global food and beverage industry has been one of the major drivers of the rice
protein market. Increased consumption of functional foods such as sports &
energy drinks, energy bars, and dietary supplements have also contributed to
the industry growth.
These products are considered to be highly effective
and efficient alternatives to other plant-based products such as whey and soy
due to their high amino acid content. Besides, as these do not contain
artificial sweeteners, their chemical content is minimum, as compared to whey
or soy.
Isolates accounted for the majority of the market in
2015, in terms of both, volume and value in the product segment. Their protein
content is much higher, as compared to concentrates, which are relatively
cheaper. Consumers in the U.S and Europe have started combining pea isolates
with rice protein isolates as the combination provides added health benefits,
which in turn is boosting the demand for these products.
Full
Research Report On Global Rice Protein Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/wireless-mesh-network-wmn-market
www.grandviewresearch.com/industry-analysis/wireless-mesh-network-wmn-market
Further
key findings from the report suggest:
- The global demand was in excess of 11.3 kilo
tons in 2015 and is projected to grow at a CAGR of 7.3% from 2016 to 2025
- Rice protein concentrates are projected to grow
at the highest CAGR of 7.8% from 2016 to 2025, by value, due to their
property of not impacting the taste of the product to which they are added
- The market demand in the food and beverages
segment stood at 6.2 kilo tons in 2015, the highest among all applications
due to growing market for nutraceuticals and supplements
- The meat analogues & extenders is projected
to be the fastest growing segment with a CAGR of 11.6% from 2016 to 2025,
in the organic rice protein industry courtesy growing health concerns
surrounding consumption of meat and several animal disease outbreaks in
recent years
- The U.S. accounted for 78% of the North
American market courtesy presence of major manufacturers wide dense
distribution networks and growing demand from the sports and energy
nutrition segment
- Asia Pacific is projected to be the fastest
growing region owing to increase in demand from emerging economies and
increasing spending powers of consumers
- Axiom Foods Inc., based in the U.S. and
established in 2005, was one of the major players in the industry in 2015
which offered this product under the brand, Oryzatein brown rice protein
powder
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has segmented the global rice protein market on the
basis of product, application, and region, while the organic rice protein
market is segmented by application and region:
Rice
Protein Product Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)
- Rice
protein isolates
- Rice
protein concentrates
- Others
Rice
Protein Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)
- Food
and beverages
- Pharmaceutical
- Cosmetics
- Animal
feed
Organic
Rice Protein Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 -
2025)
- Sports
& Energy Nutrition
- Bakery
& Confectionery
- Meat
Analogues & Extenders
- Dairy
Alternatives
- Others
Regional
Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)
- North
America
- U.S.
- Europe
- Germany
- Asia
Pacific
- China
- Central
& South America
- Brazil
- Middle
East & Africa
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-rice-protein-market
www.grandviewresearch.com/press-release/global-rice-protein-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More
Information: www.grandviewresearch.com
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