MarketsandMarkets Presents Organic Rice Protein Market Expected to Reach 96.5 Million USD by 2021
The report "Organic Rice Protein Market by Type (Isolates, Concentrates, Others), Application (Bakery & Confectionery, Meat analogues & Extenders, Sports & Energy Nutrition, Dairy Alternatives, Beverages, Others), Form, & by Region - Global Trends & Forecasts to 2021", The organic rice protein market is estimated at USD 41.7 Million in 2016 and is projected to reach USD 96.5 Million by 2021, at a CAGR of 18.3%. • Browse • 58 market data Tables • 45 Figures • 129 Pages and in-depth TOC on "Organic Rice Protein Market ” • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=122246113
Source: MarketsandMarkets Analysis Organic Rice Protein Market Size, by Region, 2016 - 2021
The organic rice protein market is projected to grow at a CAGR of 18.3% from 2016 to reach a projected value of USD 96.5 Million by 2021. The growth of this market is driven by an increase in demand of protein functionalities in the food & beverages sector. The market is further driven by factors such as increasing consumer awareness with regard to the benefits of a healthy diet, increase in demand for non-GMO, gluten-free, and vegan products, and increase in demand of plant proteins due to environmental and health concerns related to animal protein. Based on types, the global market is estimated to be led by the rice protein isolates segment, followed by rice protein concentrates. Organic rice protein isolates are treated with enzymes that cause carbohydrates to separate from proteins and the resultant protein powder is used as an ingredient in smoothies or health shakes. Organic rice protein isolates are suitable for use as a beverage mix or as an ingredient in cooking & baking. Based on applications of organic rice proteins, the sports & energy nutrition segment accounted for the largest market share. Organic rice protein is a substitute of soy and whey protein for vegan consumers and for consumers who prefer gluten-free and dairy-free products. Organic rice proteins have similar effects to whey protein and hence the sports & energy nutrition segment is projected to grow at a highest CAGR in this market. North America accounted for the largest market share in this market in 2015. Increasing aging population and demand for nutritional food is growing; in addition to this, growing awareness about animal welfare and health is driving the organic rice protein market in this region.
The European region is projected to be the fastest-growing market due to increase in emphasis on healthier lifestyles and hence, protein product manufacturers are focusing on providing products which are allergen free and comply with the safety standards. The increase in demand of organic food products by the population is driving the market for organic rice protein in the region. • The leading players that dominated the organic rice protein market include Axiom Foods, Inc. (U.S.), AIDP, Inc. (U.S.), RiceBran Technologies (U.S.), Shaanxi Fuheng (FH) Biotechnology Co. Ltd. (China), and ShafiFlucoChem (Pakistan). The key players have been exploring the market in new regions by adopting strategies such as acquisitions, new product launches, agreements, and certifications as their preferred strategies. • Target Audience: • The stakeholder’s for the report includes: • Protein products manufacturers (organic and conventional) • Protein ingredients manufacturers (organic and conventional) • Technology, equipment, and solution providers • Raw material suppliers • Private utility players • Distribution consultancies • Government and research organizations • End users (food & beverage industry and nutraceutical industries)
Scope of the Report • The organic rice protein market has been segmented into – • On the basis of Type, the market is segmented as follows: • Rice protein concentrates • Rice protein isolates • Other rice protein types (hydrolysates and ion exchange) • On the basis of Form, the market is segmented as follows: • Dry form • Liquid form • On the basis of Application, the market is segmented as follows: • Sports & energy nutrition • Beverages • Bakery & confectionery • Meat analogs & extenders • Dairy alternatives • Other applications (infant formula, flavor enhancement & savoryflavor, soups, sauces, and breakfast foods)
On the basis of Function, the market is segmented as follows: • Emulsifying • Foaming • Texturing • Gelling • On the basis of Region, the market is segmented as follows: • North America • Europe • Asia-Pacific • RoW • Available Customizations: • With the market data provided above, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report: • Detailed analysis and profiling of additional market players (Up to five) • Country-wise analysis can be extended by one country for every region
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