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

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Rice Protein Market is estimated to surpass USD
115 billion by 2025
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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
  Market.
• 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.

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Continued...

• 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.

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

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