Rice Protein Market Size Was Valued at USD 798.2 Million in 2023, and is Projected to Reach USD 1,146.0 Million by 2032, Growing at a CAGR of 4.1% From 2024-2032.
The global trade and consumption of protein obtained from rice grains is referred to as the "rice protein market." Enzymatic procedures are used to separate the protein from brown rice in order to extract rice protein. It is regarded as a superior plant-based protein source that is abundant in necessary amino acids, drawing vegetarians, vegans, and people following certain dietary guidelines to choose it over animal-based proteins.Whole-grain brown rice is used to extract rice protein, which is done by a series of steps that include sifting, hydrolysis, separation, washing, drying, screening, and milling. Among its many useful benefits are improved water solubility, improved texture, improved dry flow, and the ability to sort of hide off-flavors in food products. As a result, it's used as a formulation agent, texturizer, thickener, and stabilizer in things like baked confections, soup mixes, beverage preparations, cereal products for breakfast, dairy product replacements, fats and oils, plant protein products like pasta and grain products, and processed fruit, vegetable, and juices.
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Active Key Players in the Rice Protein Market
- AIDP Inc.
- Axiom Foods Inc.
- Bioway (Xi'an) Organic Ingredients Co. Ltd.
- Golden Grain Group Limited
- North Coast Naturals
- Nutribiotic, RiceBran Technologies
- Rollins International Pvt. Ltd.
- (RHA Holdings Private Ltd.)
- Shafi Gluco Chem Pvt. Ltd.
- The Green Labs LLC
- Top Health Ingredients Inc
- Other Major Players.
By Product
- Rice Protein Isolates
- Rice Protein Concentrates
- Others
By Application
- Food and Beverages
- Pharmaceutical
- Cosmetics
- Animal Feed
By Region
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Rice Protein Market Trend Analysis:
In recent years, the market for rice protein has grown significantly, propelled by a number of important factors. Growing consumer demand for plant-based proteins is one of the main causes, as more individuals switch to vegetarian and vegan diets for moral, ethical, and environmental reasons. The hypoallergenic qualities of rice protein make it an appealing substitute for people who are intolerant to dairy, soy, or gluten. Rice protein's appeal has been further enhanced by the rise in demand for clean-label and non-GMO products brought on by the increased awareness of health and wellness.
All things considered, the market for rice protein is expected to grow further due to ongoing advancements, growing consumer demand for plant-based foods, and the expanding range of applications across several sectors.
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Key Industry Developments in the Rice Protein Market:
- In January 2023, Roquette, a global leader in plant-based ingredients, invested in DAIZ Inc., a Japanese food tech startup. This partnership leverages DAIZ's germination and extrusion technology, enhancing plant-based food texture, flavor, and nutrition. Roquette aims to meet the growing global demand for innovative, sustainable plant-based ingredients with superior taste and quality.
- In September 2023,Anhui Shunxin Shengyuan Biological Food Co. and ZXCHEM USA announced HydroRice™ PA80 and HydroPR™ 80. Available now in the US and Canada, these innovative protein powders, made without enzymes or hydrolyzation, utilize high-pressure homogenization and spray drying, revolutionizing plant-based dairy alternatives.
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