Analysis of Rice Protein Market applications and companies’ active in the industry - PowerPoint PPT Presentation

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Analysis of Rice Protein Market applications and companies’ active in the industry

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Rice Protein Market size was above USD 60 million in 2016 and industry expects to surpass 20 kilo tons by 2024 Get more details @ – PowerPoint PPT presentation

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Title: Analysis of Rice Protein Market applications and companies’ active in the industry


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Rice Protein Market to reach 115 million by
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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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.

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Continued...
  • 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.

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U.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
6
360 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.


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