The Global Rice Protein Market was worth USD 63.3 million in 2016, and is expected to grow at a CAGR of 6.15%, to reach USD 85.3 million by 2021. 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.
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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. However, presence of better alternatives such as soy and whey proteins and relatively high costs are restraining the market growth.
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Based on geography, the market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. North America leads the Rice Protein market due to the high adoption rate of new products and technologies in this region. Asia Pacific is expected to be the fastest growing segment due to the increasing demand for healthy and nutritional food.
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Market Segmentation
1)Product
• Introduction
• Concentrates
• Isolates
• Hydrolysates
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product

2)Type
• Introduction
• Organic Rice Protein
• Inorganc Rice Protein
• Y-o-Y Growth Analysis, By Type
• Market Attractiveness Analysis, By Type
• Market Share Analysis, By Type

3)Application
• Introduction
• Pharmaceuticals
• Food & Beverages
• Sports and Energy Nutrition
• Bakery & Confectionary
• Meat Analogues & Extenders
• Dairy Alternatives
• Others
• Cosmetics
• Animal Feed
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application

4) Form
• Introduction
• Dry Form
• Liquid Form
• Y-o-Y Growth Analysis, By Form
• Market Attractiveness Analysis, By Form
• Market Share Analysis, By Form

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