A recent research analysis of Fact.MR envisages the global rice protein market to record a spectacular 8.6% value CAGR during the forecast period 2017 to 2026. More than 68,000 tons of rice protein are gauged to be sold worldwide by 2026-end.
North America to Remain Most Remunerative Market for Rice Protein
North America is home to a large number of well-established producers of rice protein, which has led the region to account for majority share of the market. Technological advancements in production of rice protein coupled with its robust adoption in the food & beverage industry will further fuel the market growth of rice protein in North America. In terms of value, North America will prevail as the most remunerative market for rice protein.
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Characterized by the separation of protein from food, isolates of rice protein contain minimum amount of fat, fiber, and carbohydrate, leaving them with 90-95% of protein by weight. High protein content of isolates has been driving its popularity, thereby driving its demand across various applications. In terms of value, isolates will continue to be the dominating product segment in the global rice protein market.
Sports & Energy Nutrition to Endure as Fast-Expanding Application of Rice Protein
Relatively lower cost and rich nutrition content in rice protein has led to its robust adoption in sports & energy nutrition application. In addition, consumers across the globe are preferring beverages that are healthier, which in turn has led to incorporation of various supplements such as rice protein. Sports & energy nutrition, and beverages are projected to endure as fast-expanding applications of rice protein.
Dry form of rice protein is anticipated to exhibit the fastest sales growth through 2026. Revenues from dry form of rice protein are expected to remain significantly larger than those from liquid form of rice protein. Emulsifying function of rice protein will remain sought-after in the market, succeeded by foaming.
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The global market for rice protein is highly concentrated and competitive, with few companies accounting for major shares of the market. As manufacturers of rice protein are currently low on revenues and capital, they are adopting inorganic development strategies that include partnerships and agreements with distributors and suppliers. Some manufacturers are also making investments in research and development activities for improving their already existing product variants as well as introducing new products, in order to acquire a competitive edge.
The report profiles key companies underpinning growth of the global rice protein market, which include Axiom Foods Inc., AIDP Inc., Bioway (Xi’an) Organic Ingredients Co., Ltd., Golden Grain Group Ltd., RiceBran Technologies, Nutrition Resource Inc., Shaanxi Fuheng (FH) Biotechnology Co., Ltd., Shafi Gluco Chem Pvt. Ltd., The Green Labs LLC, Top Health Ingredients Inc., Nutribiotic, Z-Company, North Coast Naturals, and Pure Food Company LLC.
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Table of Contents Covered in this report are:
1. Global Economic Outlook
2. Global Rice Protein Market – Executive Summary
2.1. Opportunity Analysis and Mega Trends
3. Global Rice Protein Market Overview
3.1.1. Global Rice Protein Market Taxonomy
3.1.2. Global Rice Protein Market Definition
3.2. Global Rice Protein Market Size (US$ Mn) & Volume (Tons) and Forecast, 2012-2026
3.2.1. Global Rice Protein Market Y-o-Y Growth
3.3. Global Rice Protein Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Parent Market Overview
3.7. Investment Feasibility matrix
3.8. PESTLE Analysis
3.9. Porter’s Five Force Analysis
3.10. Wheel of Fortune
3.11. Competition Structure Dashboard
3.12. Competitor Footprint Matrix
3.13. List of Distributors
3.14. Key Participants Market Presence (Intensity Map) By Region
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4. Global Rice Protein Market Supply Demand Analysis
4.1. Number of Manufacturers by Region
4.2. Production Volume by Key Players
4.3. Importer Concentration by Region
5. Pricing Point Analysis
5.1. Price Point Assessment by Region
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
Sneha Varghese is an experienced food & beverage consultant. She covers the latest trends and analysis impacting the food & beverages industry, informing and educating audiences through her writing.