North America Rice Protein Market By Product (Concentrates, Isolates, Hydrolysates), Type (Organic And Inorganic), Application (Pharmaceuticals, Food And Beverages, Cosmetics And Animal Feed), Form (Dry And Liquid), And Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2024 to 2032)

Updated On: June, 2024
ID: 3963
Pages: 145

North America Rice Protein Market Size (2024 to 2032)

North America Rice Protein Market size was worth USD 44.83 million in 2024, and is expected to grow at a CAGR of 7.96%, to reach USD 82.74 million by 2032.

Rice protein is considered as an alternative to the popular whey and soy proteins. It is extracted by treating sprouted rice with enzymes to separate carbohydrates from proteins. The extracted protein is added directly or as flavored in the industries. Rice protein flavor is preferred to whey protein in artificial flavoring industry due to its distinct taste and flavor and it is also less unpleasant than whey protein. Rice protein contains high quantities of cysteine and sulphur containing amino acids. It is generally used in conjunction with pea protein to balance the lack of lysine in rice protein. The amino acids present in rice protein are essential in tissue rebuilding and it is also found to aid in the recovery of muscles.

Market Drivers 

Increasing demand for the use of dietary supplements in food and growing awareness of consumers towards healthy eating habits are majorly expected to drive the market. Increase in demand for plant based protein consumption in diet management, growing use of artificial protein flavors in food and beverage industries, applications of rice protein in pharmaceutical and cosmetic industries are also expected to drive the market growth.

Market Restraints

However, presence of better alternatives such as soy and whey proteins and relatively high costs are restraining the market growth.

Segmental Analysis

North America Rice Protein Market By Product

  • Concentrates
  • Isolates
  • Hydrolysates

Isolates are the most common type of proteins and hence they occupy the largest market share in products segment.

North America Rice Protein Market By Type

  • Organic rice protein
  • Inorganic rice protein

Organic rice protein holds the largest market due to the increasing demand for gluten free and non GMO protein supplements.

North America Rice Protein Market By Application

  • Pharmaceuticals
  • Food and Beverages
  • Cosmetics
  • Animal Feed
  • Others

Food and beverage market holds the largest market share due to the large number of applications in this segment and high demand for nutritional food. Food and beverage segment is further categorized into Sports and Energy Nutrition, Bakery & Confectionary, Meat Analogues & Extenders, Dairy Alternatives and others.

North America Rice Protein Market By Form

  • Dry form
  • Liquid form

North America Rice Protein Market By Region

  • US
  • Canada
  • Mexico

U.S leads the Rice Protein market due to the high adoption rate of new products and technologies in this region.

Key Players in the Market

Major Key Players in the North America Rice Protein Market are RiceBran Technologies, AIDP Inc, Nutrition Resource Inc, Axiom Foods Inc, Golden Grain Group Ltd, Nutribiotic, Shaanxi Fuheng (FH) Biotechnology Co., Ltd, Bioway Organic Ingredients Co., Ltd, and Shafi Gluco Chem Pvt. Ltd

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