Organic Rice Protein Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

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Organic Rice Protein Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

Status : January, 2023 | Food and Beverages

Report Digest

Organic Rice Protein Market: Snapshot 

The global organic rice protein market is set to see high growth over the period 2018 to 2028. The CAGR (Compound Annual Growth Rate), bringing to fore new opportunities of growth for players operating in the market. It will also lead to increase in market value considerably.

The growth stems from increase awareness regarding plant based proteins and high adoptability of organic food products. As the world moves towards veganism, organic rice protein becomes a popular choice. Moreover, with allergies even from soy now emerging, it is good news for organic rice protein market. 

Some of the developments in the global organic rice market include: 

  • Transparent Labs has developed rice and pea protein, vanilla flavoured. It is both organic and vegan and contains about 24g protein, 3g carbs, and 2 g fat per 32.05 g of a scoop. Besides, it has no sodium and cholesterol, making it a much popular choice of protein for people. Axiom Foods’s novel processing method might provide manufacturers of organic brown rice proteins with licenses to come up with products having Oryzatein.
  • Seen as a substitute for products that might trigger allergies such as wheat, dairy and so on, organic rice is set to see a spike in demand. Rising health consciousness is driving demand for low/free of gluten, low carbs, high protein diets world over. Couple it with rising veganism, and it explains why plant based protein is seeing massive demand.
  • Nutrition deficiency on a massive scale is noted, especially in the North American region where processed food and fast food form a major chunks of diet. Thus, it does not come a as surprise that in an endeavour to correct it, efforts will be directed and that would all help the healthy food alternatives, helping organic rice protein market.

Rise in the sports and athletic activities entail high nutritional food products, which has been fulfilled by organic rice protein market. Growing consciousness of the harmful effects of preservatives in food products has created a robust demand for organic rice protein. Consumers are making their way towards the adoption of organic rice protein over soy protein, owing to the allergies caused by the latter. This has encouraged the manufacturers of the organic rice protein market to upgrade the quality of their product, in order to intensify the rate of adoption.

With the consumers of developed countries following the trends of veganism, demand for dairy substitutes to extract their protein value has been on a perpetual rise. As a result, plant-based protein in the form of organic rice protein has been penetrating deeper to supply necessary nutrition to the consumers. Furthermore, ill health effects witnessed on the consumption of a gluten-rich diet has raised concerns pertaining to the health of the consumers, which has shifted their focus towards the proliferated adoption of organic rice protein. A cohort of the aforementioned drivers are anticipated to lend lucrativeness to the global organic rice protein market in the forthcoming years.

Organic Rice Protein Market – Novel Developments

  • Transparent Labs, a sports supplement manufacturing company, launched organic vegan rice and pea protein nutrition with 120 calories per 32.05 grams of scoop. This quantity contains 24 grams protein, 3 grams carbs, and 2 grams fat and is devoid of cholesterol and sodium. In addition to this, the product is developed with vanilla flavor to attract the attention of the consumers.
  • Axiom Foods, Inc., has developed a method for the processing of organic brown rice protein, which will provide licensing opportunities to the manufacturers to develop products that contain Oryzatein.
  • Players of the organic rice protein market have been entering into strategic mergers and acquisitions with their counterfeits in order to scale their businesses. In 2016, RiceBran Technologies, Inc., partnered with Narula Group of Companies with a view to expanding the company’s distribution channel worldwide except the U.K., Germany, and South East Asia.

Some of the most prominent competitors operating in the competitive landscape of global organic rice protein market include –

  • Axiom Foods
  • RiceBran Technologies
  • AIDP
  • Transparent Labs
  • Golden Grain Group Limited
  • Shaanxi
  • NewGen Direct Ltd
  • Hill Pharma, Inc.
  • Shafi Gluco Chem
  • NutriBiotic
  • Bioway Organic Ingredients Co., Ltd.
  • Nutrition Resource Inc.
  • The Green Labs LLC
  • Top Health Ingredients Inc.
  • Z-Company
  • North Coast Naturals
  • Pure Food Company LLC
  • Beneo

Organic Rice Protein Market – Dynamics

Clean Eating Being the Top of the Mind Concern for the Consumer to Propel the Demand for Organic Rice Protein Market

With the increasing disposable income of the consumers, a notable shift is witnessed towards the nutritional diet in the food and beverage industry. Owing to this shift, healthy substitutes of protein from plants have been favored over the ones obtained from meat and dairy products. High consumption of bakery items, confectionery, energy drinks in parallel to the rising health consciousness is anticipated to underpin the growth of the global organic rice protein market.

In addition to this, surging demand for safe and quality products on the back of the allergies caused by dairy products, gluten and GMO intolerance may considerably influence the growing size of the organic rice protein market.

North America is Expected to Remain a Lucrative Region for the Growth of the Organic Rice Protein Market

Geriatric population and their health conditions have created a notable spur in the demand for nutritional product in this region. As a result, organic rice protein has been adopted at an impressive pace to stabilize the imbalance caused by nutritional deficiency. Furthermore, governance to animal welfare has been propagated in this region, which limits the opportunities to obtain animal-based food products. This has caused a robust demand for the plant-based products, which in turn is a strong propeller to the growth of the global organic rice protein market.

Organic Rice Protein Market - Segmentation

The global organic rice protein market has been segmented on the basis of types, functions, applications, and forms.

Organic Rice Protein Market – Types

Depending on the types, the organic rice protein market has been divided into:

  • Rice Protein Concentrates
  • Rice Protein Isolates
  • Others

Organic Rice Protein Market – Functions

On the basis of the functions, the organic rice protein market can be fragmented into:

  • Emulsifying
  • Texturing
  • Gelling
  • Forming

Organic Rice Protein Market – Forms

Based on the forms, the global organic rice protein market has been bifurcated into:

  • Liquid form
  • Dry form

Organic Rice Protein Market – Applications

Depending on the application, the global organic rice protein market can be fragmented into:

  • Sports and Energy Nutrition
  • Bakery and Confectionery
  • Meat Substitutes and Extenders
  • Dairy Alternatives
  • Others

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The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
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  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?