Rice Protein Market: Share, Size, Competitive Strategies and Forecast 2017 – 2024 - PowerPoint PPT Presentation

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Rice Protein Market: Share, Size, Competitive Strategies and Forecast 2017 – 2024


Rice Protein Market: Global Industry Analysis and Opportunity Assessment 2017-2024 GMI Estimate – PowerPoint PPT presentation

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Title: Rice Protein Market: Share, Size, Competitive Strategies and Forecast 2017 – 2024

Rice Protein Market is estimated to surpass USD
115 billion by 2025
Key Insights from Rice Protein Market
  • Over the past decade, the growth of veganism has
    increased exponentially. The proliferation of
    rice protein market can be strongly grounded to
    this changing demographic preference. Attesting
    to this strong backdrop, global vegan population
    in 2016 crossed almost 360 million, with the
    United States accounting for a major ratio.
    According to a reliable study- almost 3 of the
    U.S. population (around 7.5 million Americans)
    follow a vegetarian based diet, out of which
    approx. 1 million fall under the category of
    active vegans. These aforementioned statistics is
    quite an evidence to the escalating rice protein
    market demand in recent years. Vegans are
    becoming increasingly health conscious and are
    including vegetable proteins as nutritional
    supplements in their staple diet, subsequently
    impelling commercialization of Rice Protein
  • Penetrating a diversified application landscape,
    encompassing sports and energy nutrition, meat
    analogues extenders, animal feed, bakery and
    confectionary, cosmetic, and pharmaceutical
    sectors, rice protein market is forecast to
    almost double its revenue collection in the
    coming seven years, from USD 60 million in 2016
    to over USD 115 million by 2024.

  • Research has indeed proved that intake of this
    value added nutritional supplements can prove to
    be more healthy and environmental friendly,
    subject to the fact that these vegetarian protein
    isolates maintains cholesterol and blood sugar
    level. In this regard, it is important to note
    that growing consciousness amongst global youth
    regarding maintaining a good physique is
    providing a significant push to rice protein
    market growth.
  • Considering the product palate, rice protein
    industry is predominantly bifurcated into
    inorganic and organic isolates. While organic
    rice protein isolates are mainly implemented in
    sports energy nutrition, dairy alternatives,
    meat extenders, and bakery confectioneries,
    inorganic isolates are more prevalent across
    pharmaceutical, food beverage, animal feed and
    cosmetic sectors. Organic rice protein market has
    gained a remarkable traction over the recent
    years, driven by the expanding pool of vegan
    population. Wellness and sustainable
    environmental profile is further instigating a
    large mass to shift away from animal sourced
    food. Another profound sector heavily influencing
    rice protein market dynamics is dairy
    alternatives market. The future growth potential
    of dairy alternatives industry is forecast to be
    positively high, which in a way is translating a
    positive influence on organic rice protein
    business space as well.

U.S. Non-protein nitrogen in feed market, By
Product, 2013-2024, (Kilo Tons)


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