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Rice Protein Market Size & Share, by Product (Concentrates, Isolates, Hydrolysates); Form (Organic, Inorganic); Application (Pharmaceutical, Food & Beverages, Cosmetics, Animal Feed) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 2896
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Rice Protein Market size was over USD 834.33 million in 2024 and is projected to reach USD 1.41 billion by 2037, witnessing around 4.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of rice protein is assessed at USD 863.41 million.

One of the primary growth drivers for the market is the surge in production of food products in the global food and beverage industry. As per our analysis, the food & beverages industry’s revenue is estimated to grow by more than 15% by the end of 2022. Moreover, it is assessed that people now are consuming more functional foods such as energy drinks, dietary supplements, and energy bars, which is anticipated to contribute to the growth of the market. In addition to that, such foods are considered to be effective alternatives to other plant-based products owing to their high composition of amino acids, which is estimated to increase the demands of these products, and in turn drive the market growth. The market is also thriving on account of the growing awareness for protein content in white and brown rice, along with the rising demand for the protein powder of rice amongst the food manufacturers for manufacturing different food products.

Rice Protein Market Share
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Growth Drivers

  • Health Benefits of Protein Infused Food
  • Rise in Production in the Food & Beverage Industry

Restraints

  • Lack of Awareness About the Benefits of Rice Protein in Low Income Economies

Rice Protein Market: Key Insights

Report Attribute Details

Base Year

2024

Forecast Year

2025-2037

CAGR

4.1%

Base Year Market Size (2024)

USD 834.33 million

Forecast Year Market Size (2037)

USD 1.41 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Rice Protein Segmentation

The global rice protein market is divided on the basis of form into organic and inorganic segments, out of which, the organic segment is expected to witness a significant growth throughout the forecast period on the back of growing consciousness about the benefits of organic products. According to the data by the U.S Department of Agriculture (USDA), organic products are available in every 3 out of 4 conventional grocery stores in the United States.  Furthermore, based on product, the isolates segment is predicted to grow at the highest rate during the forecast period as the protein content in isolates is much higher than in concentrates and hydrolysates. The food and beverage class of the application segment is also anticipated to witness a noteworthy CAGR throughout the forecast period in view of the increase in the consumption capacity of the population globally.

Our in-depth analysis of the global rice protein market includes the following segments

By Product
  • Concentrates
  • Isolates
  • Hydrolysates

By Form
  • Organic
  • Inorganic

By Application

 
  •  Pharmaceutical
  • Food & Beverages
  • Cosmetic
  • Animal Feed
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Rice Protein Industry - Regional Synopsis

North America industry is likely to account for largest revenue share by 2037, owing to presence of notable yielders, and rising requirement of energy nutrition and dietary supplements among individuals in the region., owing to presence of notable yielders, and rising requirement of energy nutrition and dietary supplements among individuals in the region. Additionally, the rice protein market in Asia-Pacific is also foreseen to observe high growth, owing to the intensifying demand for functional and fortified food products. According to the Foreign Agricultural Service (FAS) of the USDA, in the year 2019, the health-related food market in Japan recorded a value of USD 13.3 billion, making it the third-largest health-related food market in the world. Growing usage of plant protein flavor enhancers, and other similar products is another vital factor anticipated to expand the rice protein market in this region.

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Companies Dominating the Rice Protein Landscape

    • Axiom Foods, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • AIDP
    • Bioway (Xi'an) Organic Ingredients Co., Ltd.
    • Golden Grain Group Ltd.
    • RiceBran Technologies
    • NOW Health Group, Inc.
    • North Coast Naturals
    • Shafi Gluco Chem (Pvt) Ltd.
    • The Green Labs LLC
    • Top Health Ingredients Inc.
  • Report ID: 2896
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT
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Frequently Asked Questions (FAQ)

In the year 2025, the industry size of rice protein is assessed at USD 863.41 million.

Rice Protein Market size was over USD 834.33 million in 2024 and is projected to reach USD 1.41 billion by 2037, witnessing around 4.1% CAGR during the forecast period i.e., between 2025-2037.

North America industry is likely to account for largest revenue share by 2037, owing to presence of notable yielders, and rising requirement of energy nutrition and dietary supplements among individuals in the region.

The major players in the market are Axiom Foods Inc., AIDP, RiceBran Technologies, NOW Foods and others.

Rice Protein Market Report Scope

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Dhruv Bhatia
Dhruv Bhatia
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