Global Rice Protein Powder Market Outlook 2018-2023

Global Rice Protein Powder Market is estimated to grow considerably in the forecast period due to the growing food and beverage sector. Rice protein powder is a dietary protein supplement for vegans and vegetarians who cannot consume milk or animal-based proteins. It is extracted from sprouted brown rice and is used in soups, baking, protein shakes, and smoothies. It is unique in taste as compared to other types of protein powders. Rice protein powders contain high amino acids containing sulfur, methionine and cysteine and less lysine.

The reasons for the growth of rice protein powder market include high demand for processed and functional foods, rise in demand for organic rice protein, growing vegan population that prefer rice protein powder, and increase in applications in cosmetic sector and skin care products. The demand for energy and sports drink, energy bars, dietary supplements, etc. is growing on a large scale, affecting the market growth. Besides, rise in demand for natural ingredients and growing demand for organic cosmetic products, growing demand for gluten free and lactose-free protein foods, strong demand for dietary supplements, rise in health conscious population, and high demand for cheaper plant based protein sources are also driving the rice protein powder market. However, increase in number of substitute products, expensive extraction process, and less popularity of the product are hampering the market.

Nevertheless, developments in functional food products, advancements nutraceuticals industry, and increasing applications in weight management and sports nutrition are offering opportunities to the market.

Rice protein powder market is categorized on the basis of product type, application, and region. On the basis of product type, market of Rice Protein Powder is divided into rice protein concentrates and rise protein isolates.

In terms of application, rice protein powder market pharmaceutical, animal feed, cosmetics, and food and beverages. Food and beverages segment is further divided into bakery and confectionary, diary alternatives, sports and energy nutrition, meat analogues and extenders, others. Food and beverages segment is anticipated to grow considerably in the forecast period due to the due to high market for sports and energy nutrition and increasing inclination towards healthy eating habits. Meat analogies and extenders are also expected to lead the market owing to high consumption of meat on the global scale.

Regionally, rice protein powder market is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America, U.S is expected to dominate the market due to increase in demand for energy and nutrition supplements. Furthermore, Asia Pacific is also expected to lead the market of Rice Protein Powder due to growing population, rise in disposable income of consumers, and high demand from consumers.

The prominent players profiled in rice protein powder market are Axiom Foods, RiceBran Technologies, AIDP Inc., Golden Grain Group Ltd., Bioway (Xi'an) Organic Ingredients Co. Ltd., North Coast Naturals, Nutribiotic, Pure Foods Company LLC, Top Health Ingredients Inc., Shafi Gluco Chem Pvt. Ltd., and The Green Labs.

Global Market for rice protein powder to 2023 offers detailed coverage of rice protein powder industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading rice protein powder producers to provide exhaustive coverage of the rice protein powder.

Report contents include
- Analysis of the rice protein powder market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on rice protein powder including products, sales/revenues, and market position
- Market structure, market drivers and restraints.

Key regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
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