Global Rice Protein Market By Product Type (Rice Protein Isolates, Rice Protein Concentrates, Others), Applications (Food Ingredients, Dietary Supplements, Animal Feed, Cosmetics)

Market Definition: Global Rice Protein Market

Rice protein is a powder form of protein that is achieved with treating of brown rice so that the carbohydrates and proteins in the grains are separated and the protein can be isolated. Rice protein is getting increasingly adopted as a substitute to whey protein, and other animal proteins. Rice protein are allergy and gluten-free which is expected to drive the market growth for the products with no side effects associated with the product.

Market Drivers:

Increase in demand for protein and protein products from the market is expected to drive the market growth
Usage of rice protein as a substitute to animal proteins because of the increased preference and adoption is also expected to drive the market growth



Get Detailed ToC @

https://www.databridgemarketresearch.com/toc/?dbmr=global-rice-protein-market

Market Restraints:

Increase in costing of raw materials required for the production is expected to restrain the market growth
Quality analysis based on the sensory properties of plants determining the quality of the product is also expected to restrain the market growth



Market Analysis: Global Rice Protein Market

Global rice protein market is expected to rise from its initial estimated value of USD 112.01 million in 2018 to an estimated value of USD 214.35 million by 2026, registering a CAGR of 8.45% during the forecast period of 2019-2026. This rise in market value can be attributed to rising need of plant protein amid rising amount of health concerns and veganism worldwide.

Get Request a Sample @

https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-rice-protein-market

Segmentation: Global Rice Protein Market

By Product Type
Rice Protein Isolates
Rice Protein Concentrates
Others
By Applications
Food Ingredients
Energy & Sport Drink
Meat Analogues
Beverages
Bakery & Confectionary
Ready-To-Eat
Dietary Supplements
Animal Feed
Cosmetics

Key Developments in the Market:

In March 2016, Plandai Biotech announced that an agreement has been established with AIDP Inc. for the distribution and sales of the product in United States, with the market expected to be established for both the companies.

In February 2018, Axiom Foods Inc. announced that they had received a first method of use application patent for Oryzatein rice protein by the US Food and Drug Administration.

Competitive Analysis: Global Rice Protein Market

Global rice protein market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of rice protein market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: [email protected]



Report Related

Asia-Pacific Warm Water Aquaculture Feed Market