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.
For full research report on Organic
Rice Protein Market visit here: https://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.
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/organic-rice-protein-market/request/rs1
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.
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