Rice Protein Market Outlook, End Users Analysis and Share by Type to 2025
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<strong>Rice</strong> <strong>Protein</strong> <strong>Market</strong> <strong>Outlook</strong>, <strong>End</strong> <strong>Users</strong> <strong>Analysis</strong><br />
<strong>and</strong> <strong>Share</strong> <strong>by</strong> <strong>Type</strong> <strong>to</strong> <strong>2025</strong><br />
“This Report Studies the Global <strong>Rice</strong> <strong>Protein</strong> <strong>Market</strong> size, industry<br />
status <strong>and</strong> forecast, competition l<strong>and</strong>scape <strong>and</strong> growth<br />
opportunity. This Research Report categorizes the Global <strong>Rice</strong><br />
<strong>Protein</strong> Industry <strong>by</strong> Companies, Region, Application, <strong>Type</strong> <strong>and</strong><br />
end-use Industry.”<br />
The global <strong>Rice</strong> <strong>Protein</strong> <strong>Market</strong> size was estimated over 11 kilo <strong>to</strong>ns in 2015. <strong>Rice</strong> protein is an important type<br />
of a plant protein <strong>and</strong> is derived from brown <strong>and</strong> white rice varieties. The unique amino acid profile of these<br />
additives is driving their application in end-use industries such as pharmaceuticals <strong>and</strong> cosmetics.<br />
<strong>Rice</strong> protein finds its application in the manufacturing of functional foods, dietary supplements, energy bars,<br />
<strong>and</strong> sports & energy drinks, owing <strong>to</strong> which the dem<strong>and</strong> is expected <strong>to</strong> grow rapidly over the forecast period.<br />
The absence of artificial sweeteners <strong>and</strong> chemical additives has led <strong>to</strong> manufacturers preferring rice protein<br />
over soy <strong>and</strong> whey.<br />
Product Insights<br />
On the basis of protein content <strong>and</strong> processes, rice protein products are segmented in<strong>to</strong> isolates <strong>and</strong><br />
concentrates. In 2015, isolates dominated <strong>and</strong> accounted the majority of the market, in terms of value <strong>and</strong><br />
volume in product segment. Isolates separate proteins from the foods, resulting in the low amount of fat, fiber,<br />
<strong>and</strong> carbohydrate intake in the final product.<br />
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The dem<strong>and</strong> for concentrates is expected <strong>to</strong> grow rapidly as they are cheaper <strong>and</strong> possess the ability <strong>to</strong> replace<br />
similar products. Concentrates are proven nutritious <strong>and</strong> healthier than whey due <strong>to</strong> which consumers have<br />
adopted concentrates over whey. The growing dem<strong>and</strong> for sports nutrition products is expected <strong>to</strong> further<br />
augment dem<strong>and</strong> for concentrates over the forecast period.<br />
Application Insights<br />
Major applications of rice protein include pharmaceuticals, cosmetics, food & beverages, <strong>and</strong> animal feed. In<br />
2015, food & beverages application segment dominated the market <strong>by</strong> accounting over 50% of the global<br />
volume. Growing dem<strong>and</strong> for products such as supplements, dairy alternatives, <strong>and</strong> sports drinks is anticipated<br />
<strong>to</strong> act as a major driver.<br />
Growing awareness regarding benefits of plant-based medicines is likely <strong>to</strong> act as a major driver for growing<br />
dem<strong>and</strong> in pharmaceuticals. The rising health awareness regarding nutrition-related deficiencies is expected <strong>to</strong><br />
boost the dem<strong>and</strong> for rice protein in pharmaceutical manufacturing.<br />
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Regional Insights<br />
North America accounted for over 47% of global market owing <strong>to</strong> high dem<strong>and</strong> from food & beverage industry.<br />
The presence of a large number of manufacturers coupled with the high adoption rate of new products is<br />
expected <strong>to</strong> boost market growth.<br />
Asia Pacific is expected <strong>to</strong> be the fastest growing region due <strong>to</strong> growing disposable incomes in emerging<br />
economies of China <strong>and</strong> India. Increasing awareness regarding healthy lifestyles coupled with growing dem<strong>and</strong><br />
for protein-based nutritional foods is likely <strong>to</strong> fuel market growth over the forecast period.<br />
Competitive Insights<br />
The key players in the market are Nutrition Resource Inc., Axiom Foods Inc., AIDP Inc., <strong>and</strong> <strong>Rice</strong>Bran<br />
Technologies. The product nature of rice protein is responsible for the industry is highly concentrated <strong>and</strong> highly<br />
competitive.
The key players have adopted inorganic development strategies such as partnerships <strong>and</strong> agreements with<br />
distribu<strong>to</strong>rs <strong>and</strong> suppliers <strong>to</strong> increase market share. Pl<strong>and</strong>ai Biotechnology has entered in<strong>to</strong> an agreement with<br />
AIDP Inc. <strong>to</strong> sell their products in developed markets of U.S. <strong>and</strong> Europe.<br />
<strong>Market</strong> Segment:<br />
<strong>Rice</strong> <strong>Protein</strong> Product <strong>Outlook</strong> (Volume, Tons; Revenue, USD Thous<strong>and</strong>, 2014 - <strong>2025</strong>)<br />
• <strong>Rice</strong> protein isolates<br />
• <strong>Rice</strong> protein concentrates<br />
• Others<br />
<strong>Rice</strong> <strong>Protein</strong> Application <strong>Outlook</strong> (Volume, Tons; Revenue, USD Thous<strong>and</strong>, 2014 - <strong>2025</strong>)<br />
• Food <strong>and</strong> beverages<br />
• Pharmaceutical<br />
• Cosmetics<br />
• Animal feed<br />
Organic <strong>Rice</strong> <strong>Protein</strong> Application <strong>Outlook</strong> (Volume, Tons; Revenue, USD Thous<strong>and</strong>, 2014 - <strong>2025</strong>)<br />
• Sports & Energy Nutrition<br />
• Bakery & Confectionery<br />
• Meat Analogues & Extenders<br />
• Dairy Alternatives<br />
• Others<br />
Regional <strong>Outlook</strong> (Volume, Tons; Revenue, USD Thous<strong>and</strong>, 2014 - <strong>2025</strong>)<br />
• North America<br />
• U.S.<br />
• Europe<br />
• Germany<br />
• Asia Pacific<br />
• China<br />
• Central & South America<br />
• Brazil<br />
• Middle East & Africa
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