Organic Rice Protein Market Growing with Healthy CAGR by 2024

Press Release   •   Jan 08, 2018 06:33 EST

Global Organic Rice Protein Market: Overview

Rice is the principal cereal consumed highly across the globe. Organic rice protein consists of high content of cysteine and methionine. Organic rice is grown by using genetically modified organisms and hence it is free from allergens and toxins. They are rich in amino acids and are important for the building of body tissues, muscles, and immune system. The extraction of organic rice protein includes two methods such as low-temperature extraction and hexane-free extraction. Organic rice protein is available in flavors containing stevia as a sugar substitute which is easy to digest. Protein content present in the organic rice protein powder is about 80% and can be consumed in cold or hot recipes.

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Global Organic Rice Protein Market: Growth Factors

Increasing demand for organic rice protein from sport and athletics sector drives the global organic rice protein market. Growing awareness about the dietary source and the food products that avoid using preservatives augments the growth of the organic rice protein market. Consuming soy proteins can cause allergies; organic rice protein is a good alternative to soy proteins thus propelling the demand for organic rice protein. The presence of key companies, extensive R&Ds, preferences towards natural food ingredients are some other key factors that are driving the global organic rice protein market growth.

Global Organic Rice Protein Market: Segmentation

The global organic rice protein market is segmented into its type, form, application, and function. On the basis of type, the market is segregated into rice protein isolates, rice protein concentrates, and others. Based on the form, the market is divided into liquid and dry. Depending on the application, the market is categorized into beverages, meat analogs & extenders, infant formula, soups, breakfast foods, sports & energy nutrition, bakery & confectionery, dairy alternatives, flavor enhancement & savory flavor, and sauces. On the basis of function, the market is bifurcated into a foaming, gelling, emulsifying, and texturing.

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Global Organic Rice Protein Market: Regional Analysis

Europe is the dominating region for organic rice protein market. Germany holds the largest market share in the European region owing to increased awareness among the consumers about leading a healthier lifestyle. The consumption of the organic rice protein has increased in the last few years owing to increasing penetration of health awareness in the North America. The increased use of the organic rice protein in sports and energy nutrition application augment the market demand in Europe and the North American region. Asia Pacific holds a significant share in the global organic rice protein market. Organic rice protein enhances the flavor, color, and texture of the food in a cost effective manner thus fuelling the global market growth in Asia Pacific region. Exponential growth in population coupled with increasing trend of sports & gym in Asia Pacific region is expected to exhibit strong market growth in future. Increasing government support coupled with high organic rice farming in Latin America has highly influenced the global organic rice protein market.

Global Organic Rice Protein Market: Competitive Players

Major players operating in the global organic rice protein market are Hill Pharma, Inc., NewGen Direct Ltd., Golden Grain Group Limited, AIDP Inc., RiceBran Technologies, and Axiom Foods, Inc.

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