Title: Analysis of Rice Protein Market applications and companies’ active in the industry
1Rice Protein Market to reach 115 million by
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key 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.
3Continued...
- 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.
4U.S. Inorganic Rice Protein Market Size, By
Application, 2016 2024, (USD Million)
5 Browse Full Market Research Report On Rice
Protein Market _at_ https//goo.gl/MKEKpa Request
for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/1980
6360 Analysis
- Application Trends
- Organic rice protein market size should exceed
USD 60 million by 2024. It is extensively used in
various energy supplements and bakery items owing
to its nutritional value and high functional
properties. Rising confectionery, bakery and
sports energy drinks along with increase in
gluten free, vegan and non-GMO products may
propel industry growth. - Regional Trends
- Europe rice protein market size, driven by
Germany, France and UK should witness gains at
over 7. Strong emphasis on healthier lifestyle
along with increased demand of gluten and
allergen free products should stimulate regional
growth. Manufacturers comply with safety
standards and focus on providing allergen and
gluten free products. - Competitive Market Share
- Global rice protein market share is moderately
consolidated. RiceBran Technologies, Nutrition
Resource Inc., Axiom Foods Inc., AIDP Inc.,
Nutribiotic and North Coast Naturals are the
prominent industry players.
7 Stay In Touch Website www.gminsights.com Soci
al Media