Organic Rice Protein Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Organic Rice Protein Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
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
The report offers a comprehensive evaluation of the organic rice protein market. It does so via in-depth qualitative insights, historical data, and verifiable projections about organic rice protein market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the organic rice protein market, including but not limited to: Regional markets, technology, types, and applications.
The study presents a granular assessment and quantitative evaluation of:
- Key growth factors and prominent trends
- Size and share of key segments in overall market
- Key challenges and winning imperatives
- Factors shaping competitive landscape
- Insights into how contours of market will change in coming years
- Technological advances
- New avenues and imminent investment pockets
- Regulatory landscape shaping current and future strategies of companies
The region-wise assessment includes market dynamics in:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
- Which key factors will shape the competitive landscape?
- Which trends will stimulate research and development activities in different geographies?
- Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
- Which disruptions in market growth are likely to come with the new business models?
- Which are some of the recent overhauls in policies that may change the course of the market significantly?
- Which are the geographies that will form sizable sources of new streams to new and established players alike?
- How are top players likely to realign their strategy to counter the forces of competition?
- Which key strategies emerging players are likely to focus on to consolidate their position?
- Which changes in end-user preferences might affect the status quo held by the leading players?
- Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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