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Organic Rice Protein Market by Type (Rice Protein Isolates, Rice Protein Concentrates, and others), By Form (Liquid and Dry), By application (Sports and Energy Nutrition, Beverages, Bakery, Infant Formula, Dairy Alternatives), and By Region – Global Industry Size, Growth, Trends, Value and Competitive Analysis Forecast Report 2023-2028

Published: March, 2023
ID: 7232
Pages: 175
Formats: report pdf report excel report power bi report ppt

Organic Rice Protein Market Size, Share, Growth (2023-2028)

Organic Rice Protein Market value has been valued at about 35 million USD in 2022 to 90 million USD by 2027 with a CAGR of 18%.

Organic Rice Protein Market 

Overview

Rice is one of the important cereals consumed in large quantities across the globe. Organic rice protein is derived from purely grown rice and grown without toxins and allergens and it’s free from genetically modified organisms (GMO). It has a high content of cysteine and methionine. The organic rice protein has amino acids which are essential for the building of body tissues, muscles, and the immune system. Organic rice is extracted by hexane-free extraction and low -low-temperature extraction. Organic rice protein is available in flavours due to the presence of a sugar substitute stevia which is easy to digest. 80% of the organic rice protein powder is protein content and it can be consumed in various recipes. Among various amino acid, the ones high in content are Glutamic acid, Arginine, Aspartic acid, and Leucine. The organic rice protein is mostly made without the use of preservatives, polychlorinated biphenyls (PCBs) which are organic pollutants and other chemicals.

Organic Rice Protein Market Growth:

Increasing bakery, confectionery, sports & energy drinks and food & beverage consumption along with a rise in consumer awareness related to health concerns may favour application in the organic rice protein market size. An increase in product safety, quality of product and decreasing allergies owing to a healthy lifestyle is likely to fuel organic rice protein market growth for medical applications. Changing consumer lifestyles and growing lactose allergy, Increasing health consciousness forecasts positive influence on industry growth. Consuming soy proteins can cause allergies; organic rice protein is a good alternative to soy proteins thus propelling the demand for organic rice protein. The presence of key companies, extensive R&D, and preferences toward natural food ingredients is some other key factors that are driving the global organic rice protein market growth. Lack of skilled professionals and high-cost investment are the factors restraining the market.

Organic rice is grown from genetically modified crops that contain high levels of nutrients such as cysteine and methionine. It contains high levels of amino acids that are essential for building body tissues and as nutrition supplements. Organic rice protein is extracted by various processes such as low-temperature extraction and hexane-free extraction. It is preferred over other protein alternatives such as soy due to its high protein content and also because of its absence of toxins preventing any allergies. Currently, the market is valued at about 60 million USD and is predicted to grow at an annual growth rate of about 18% due to its high demand from the sports and nutrition sector.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022–2028

Base Year

2022

Forecast Period

2023-2028

CAGR

18%

Segments Covered

By Type, By Form, By Application, and By Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Market Leaders Profiled

AIDP, Inc. (US); RiceBran Technologies (US); Shaanxi Fuheng (FH) Biotechnology Co. Ltd. (China); and Shafi Gluco-Chem (Pvt.) Ltd. (Pakistan); Golden Grain Group Limited (China); Ribus, Inc. (US); Top Health Ingredients, Inc. (Canada); Green Labs, LLC (US); and Bioway (Xi’an) Organic Ingredients Co. Ltd. (China)

 

Recent Developments in the Organic Rice Protein Industry:

  1. Kerry, the plant protein-based company has expanded by acquiring a company called Peseva biotech which deals with many plant-based proteins such as organic rice protein and organic pea protein for infant nutrition

  2. New technologies have been developed to extract organic rice protein from rice bran which was earlier treated as a waste by-product and discarded

Organic Rice Protein Market Drivers and Restraints:

The main consumers of organic rice protein are the sports and nutrition industries. Other protein sources like soy and whey protein despite being good are made using few or many preservatives and toxins. Besides, the rise in the call for organic rice proteins due to its higher protein content makes it an ideal element for promoting the expansion of the global market. Also, rice protein is cheaper to process and is known to not lead to any allergies since it is both lactose and gluten-free. The rising awareness of people toward healthy food and healthy life have fuelled the demand of organic rice protein. Moreover, it is also used in baby food as a direct source of protein, bakery ingredients, and in soups.Low awareness amongst consumers could be a restraint to the market. Since the organic rice protein market is relatively new compared to markets for other sources of protein like whey protein and soy, most of the consumers especially in Asian and European countries have low awareness about the wide benefits of organic rice protein.

Organic Rice Protein Market  Segmentation:

  • By Type, organic protein market is divided into rice protein isolates and rice protein concentrates. Out of these, rice protein concentrates are more popular and hold a larger share.

  • By Form, organic rice protein is divided into liquid form and dry form. Out of these, the dry form is more popular due to its many functionalities and easy storage.

  • By application, organic rice protein market is divided into sports and energy nutrition, beverages, bakery, infant formula and dairy alternatives. A major share of the rice protein market lies only in the sports and nutrition industry due to the high demand for protein supplements. The demand in infant foods industry is also rising due to the increasing awareness about its high protein content and lactose-free and gluten-free nature.

Organic Rice Protein Market Regional Analysis

  • United States

  • Europ

  • China

Other regions like Japan, Korea, India, and Southeast Asia are catching up due to the increasing awareness amongst consumers. In consumption market, USA is the mainly consumption region due to the bigger demand of downstream applications. In 2016, the consumption of this region reached 5137 MT, which occupied 84.50% of the global consumption volume in total.

Organic Rice Protein Market  key Players

  1. Axiom Foods (US)
  2. AIDP, Inc. (US)

  3. RiceBran Technologies (US)

  4. Shaanxi Fuheng (FH)

  5. Biotechnology Co. Ltd. (China) 

  6. Shafi Gluco-Chem (Pvt.) Ltd. (Pakistan)

  7. Golden Grain Group Limited (China)

  8. Ribus, Inc. (US)

  9. Top Health Ingredients

  10. Green Labs, LLC (US); 

  11. Bioway (Xi’an)

  12. Organic Ingredients Co. Ltd. (China).

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