San Francisco, 07 September 2018 The global organic
rice protein market is expected to reach USD 154.4 million by
2024, according to a new report by Grand View Research, Inc. Superior
functional properties coupled with increasing shift towards non-GMO and vegan
food ingredients is expected to propel the demand over the forecast period. The
product is hypoallergenic and generally consists of no added colors, sweeteners
or fillers which increases its nutritional value. In addition, organic rice
protein contains a high level of amino acid content which is very beneficial
for building muscles.
Intake
of dietary protein along with organic rice protein helps in burning fat through
its thermic effect and reduces blood sugar level thereby facilitating weight
loss. Companies including Axiom Foods, and Nutribiotics have been involved in extensive
R&D in order to develop hexane free organic rice protein thereby
facilitating development.
Browse full research report on Organic Rice Protein Market: www.grandviewresearch.com/industry-analysis/organic-rice-protein-market
Further
key findings from the report suggest
- Organic rice protein isolates are likely to witness CAGR of over
18% from 2016 to 2024. These produce high quality product with enhanced
color, texture, and flavor in a cost effective manner, which is likely to
augment demand for the product over the forecast period.
- Sports and energy nutrition application is expected to witness CAGR
of over 16%, in terms of volume, from 2016 to 2024 due to rapidly growing
demand in Europe and North America. High youth population coupled with
increasing trend of sports & gym in Asia Pacific is likely to have a
positive impact on the growth over the forecast period.
- North America is expected to witness significant growth from 2016
to 2024 due to the presence of key companies in the region. The players
have been involved in extensive R&D in order to develop products
focusing on numerous applications. High preference towards natural food
ingredients in the regions is expected to propel demand for the product in
meat analogues and extenders over the forecast period.
- Latin America demand was valued at over USD 1.5 million in 2015.
Increasing government initiatives to promote use of organic food products
coupled with high organic rice farming in the region is expected to augment
demand for the product over the forecast period.
- The market is characterized by the presence of limited market
players with the strong distribution network. Some of the key organic rice
protein suppliers include American Supps, Nordic Food Partners A/S,
Aggressive Health Shop, Bioden, and iHerb Inc. These companies are
involved in the distribution of organic rice proteins on the global level.
Browse more reports of this category
by Grand View Research: www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand
View Research has segmented the global organic rice protein market on the basis
of product, application, and region:
Organic
Rice Protein Product Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)
- Rice Protein
Isolates
- Rice Protein
Concentrates
- Others
Organic
Rice Protein Application Outlook (Volume, Tons; Revenue, USD Thousand, 2013 -
2024)
- Sports & Energy
Nutrition
- Bakery &
Confectionery
- Meat
Analogues & Extenders
- Dairy
Alternatives
- Others
Organic
Rice Protein Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2013 -
2024)
- North America
- U.S.
- Europe
- Germany
- Asia Pacific
- China
- Latin America
- Brazil
- MEA
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology to
chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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