DUBLIN–(BUSINESS WIRE)–The “Organic Rice Protein Market By Protein Type, By Form, By Application, and By Region Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.
The global organic rice protein market size is expected to reach USD 429.6 Million in 2030 and register a revenue CAGR of 18.1% over the forecast period, according to latest report. Increasing consumer preference for organic food and beverages is anticipated to drive market growth over the forecast period.
Organic rice protein has a high protein content and is rich in vitamins and minerals. It is a low-fat and low-carbohydrate protein source and is ideal for people who are looking to lose weight or build muscle. It is also gluten-free and hypoallergenic, making it suitable for people with celiac disease or gluten intolerance.
Organic rice protein is used as a dietary supplement and is gaining popularity among fitness enthusiasts as it aids in muscle building. It is also used by sportspersons to enhance their stamina and energy levels during workouts. Additionally, organic rice protein is cholesterol-free, vegan, and gluten-free, which makes it ideal for people with food allergies. This is expected to fuel market growth over the forecast period.
Rapid implementation of advanced technologies in the field of agriculture has resulted in increased production of organic rice. This, in turn, is projected to create a demand for organic rice protein as it is a by-product of organic rice. Proteins are an essential part of our diet and are required for the growth and repair of tissues. They also help in the metabolism of carbohydrates and fats. Rice protein, as the name suggests, is derived from rice and is a complete protein as it contains all the essential amino acids required by our body. Unlike other plant-based proteins, it is easily digestible and does not cause any gastrointestinal issues.
Additionally, increasing research & development initiatives by protein manufacturers to develop new and innovative products is projected to propel the growth of organic rice protein market over the forecast period. For instance, in March 2019, Orgain, Inc., a U.S based company that provides healthy food & beverage products announced the launch of its first ever plant-based protein bars. The new product line is available in three different flavors including Peanut Butter Chocolate Chip, Coconut Cashew Crunch, and Blueberry Almond Crunch. Furthermore, in May 2019, Orgain launched its first ever plant-based protein powder that is made with only five ingredients.
However, high cost of organic rice protein and concerns related to its side effects are major challenges faced by the organic rice protein market. Nevertheless, the market is anticipated to grow due to the growing demand for plant-based protein foods and supplements from fitness-conscious people. The organic rice protein market is classified on the basis of form, source, end-use industry, and geography. In terms of form, the organic rice protein market is segregated into powder and flakes.
Market drivers analysis
- Increasing demand for organic rice-based protein
- Rising adoption of nutritional and sustainable diets among consumers
- Rising usage of organic rice protein among consumers for lactose-free and gluten-free protein sources
- Increasing adoption of protein nutrition in the sports industry
Market restraints analysis
- Concerns regarding existing substitutes for rice proteins
- High-cost of organic rice protein
Concerns regarding low consumer awareness about nutritional benefits of rice protein
For this report, the publisher has segmented the global organic rice protein market based on protein type, form, application, and region:
Protein Type Outlook (Revenue, USD Million; 2018-2030)
- Rice Protein Concentrates
- Rice Protein Isolates
Form Outlook (Revenue, USD Million; 2018-2030)
Application Outlook (Revenue, USD Million; 2018-2030)
- Foods & Beverages
- Meat Substitutes & Extenders
- Bakery & Confectionery
- Sports & Energy Nutrition
- Dairy Alternatives
Regional Outlook (Revenue, USD Million; 2018-2030)
Key Topics Covered:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Organic Rice Protein Market Segmentation & Impact Analysis
Chapter 5. Organic Rice Protein Market By Protein Type Insights & Trends
Chapter 6. Organic Rice Protein Market By Form Insights & Trends
Chapter 7. Organic Rice Protein Market By Application Insights & Trends
Chapter 8. Organic Rice Protein Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
- Nutrition Resources Inc. HealthWise
- AIDP Inc.
- Golden Grain Group Ltd.
- Axiom Foods Inc.
- RiceBran Technologies
- Shafi Gluco Chem Pvt. Ltd.
- Shaanxi Fuheng (FH) Biotechnology Co. Ltd.
- The Green Labs LLC
- Top Health Ingredients Inc.
- Bioway (Xi’an) Organic Ingredients Co. Ltd
For more information about this report visit https://www.researchandmarkets.com/r/qlg1v7