Global Rice Protein Market Size Study, by Segregation, by Product, by Source, by Application, by Organic Rice Protein Application, and Regional Forecasts 2022-2032

Description

The global rice protein market, valued at USD 168.5 million in 2023, is expected to expand at a robust CAGR of 7.7% during the forecast period of 2024-2032. Rice protein has emerged as a versatile and sustainable alternative in the plant-based protein landscape, appealing to consumers seeking allergen-free and ethically sourced nutrition solutions. The rising demand for clean-label products and plant-based alternatives underscores the significant growth trajectory of this market.

The growing inclination toward plant-based diets is a prominent driver for the rice protein market. This trend is fueled by increasing health consciousness, environmental sustainability concerns, and ethical dietary choices among consumers. Rice protein, particularly organic variants, is free from synthetic additives, making it a preferred option for health-focused and eco-conscious individuals. The market benefits from its applicability across multiple industries, including food and beverages, pharmaceuticals, and cosmetics, where hypoallergenic and high-protein ingredients are in demand.

The food and beverage industry has been a key adopter, incorporating rice protein into products like protein bars, dairy alternatives, and sports nutrition supplements. Its high digestibility and balanced amino acid profile make it a compelling ingredient for athletes and health enthusiasts. Moreover, advancements in processing technologies have enhanced the functional properties of processed rice protein, driving its adoption in specialized applications like meat analogues and dairy alternatives.

Geographically, North America holds the largest revenue share, accounting for 44.9% of the global market in 2023, driven by consumer demand for plant-based diets and the presence of key manufacturers. The Asia-Pacific region is forecasted to witness the highest CAGR due to a rising awareness of plant-based nutrition and the expansion of the dietary supplement industry.

Major market players included in this report are:

Axiom Foods, Inc.
RiceBran Technologies
BENEO
Kerry Group plc
Shafi Gluco Chem Pvt. Ltd.
Bioway Organic Group Limited
Golden Grain Group Limited
NutriBiotic
Z-COMPANY
The Green Labs LLC
Top Health Ingredients
Sweet Additions
Cambridge Commodities
AIDP
Roquette

The detailed segments and sub-segments of the market are explained below:

By Segregation:

Organic Rice Protein
Processed Rice Protein

By Product:

Rice Protein Isolates
Rice Protein Concentrates
Others

By Source:

Brown Rice
White Rice
Others

By Application:

Food & Beverages
Pharmaceuticals
Cosmetics
Animal Feed

By Organic Rice Protein Application:

Sports & Energy Nutrition
Bakery & Confectionery
Meat Analogues & Extenders
Dairy Alternatives
Others

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year: 2022
Base year: 2023
Forecast period: 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Rice Protein Market Executive Summary

1.1. Global Rice Protein Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Segregation
- 1.3.2. By Product
- 1.3.3. By Source
- 1.3.4. By Application
- 1.3.5. By Organic Rice Protein Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Rice Protein Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Rice Protein Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising demand for plant-based protein products
- 3.1.2. Growing prevalence of food allergies and intolerances
- 3.1.3. Sustainability and environmental benefits of rice protein
3.2. Market Challenges
- 3.2.1. High production costs of organic rice protein
- 3.2.2. Limited awareness in emerging markets
3.3. Market Opportunities
- 3.3.1. Technological advancements in rice protein processing
- 3.3.2. Expansion into non-traditional applications
- 3.3.3. Rising demand for hypoallergenic protein sources

Chapter 4. Global Rice Protein Market Industry Analysis

4.1. Porter's Five Forces Analysis
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Porter's Five Forces Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Rice Protein Market Size & Forecasts by Segregation (2022-2032)

5.1. Segment Dashboard
5.2. Global Rice Protein Market: Segregation Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 5.2.1. Organic Rice Protein
- 5.2.2. Processed Rice Protein

Chapter 6. Global Rice Protein Market Size & Forecasts by Product (2022-2032)

6.1. Segment Dashboard
6.2. Global Rice Protein Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 6.2.1. Rice Protein Isolates
- 6.2.2. Rice Protein Concentrates
- 6.2.3. Others

Chapter 7. Global Rice Protein Market Size & Forecasts by Source (2022-2032)

7.1. Segment Dashboard
7.2. Global Rice Protein Market: Source Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 7.2.1. Brown Rice
- 7.2.2. White Rice
- 7.2.3. Others

Chapter 8. Global Rice Protein Market Size & Forecasts by Application (2022-2032)

8.1. Segment Dashboard
8.2. Global Rice Protein Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 8.2.1. Food and Beverages
- 8.2.2. Pharmaceuticals
- 8.2.3. Cosmetics
- 8.2.4. Animal Feed

Chapter 9. Global Rice Protein Market Size & Forecasts by Organic Rice Protein Application (2022-2032)

9.1. Segment Dashboard
9.2. Global Rice Protein Market: Organic Rice Protein Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
- 9.2.1. Sports & Energy Nutrition
- 9.2.2. Bakery & Confectionery
- 9.2.3. Meat Analogues & Extenders
- 9.2.4. Dairy Alternatives
- 9.2.5. Others

Chapter 10. Global Rice Protein Market Size & Forecasts by Region (2022-2032)

10.1. North America Rice Protein Market
- 10.1.1. U.S.
- 10.1.2. Canada
- 10.1.3. Mexico
10.2. Europe Rice Protein Market
- 10.2.1. Germany
- 10.2.2. UK
- 10.2.3. Spain
- 10.2.4. France
- 10.2.5. Italy
10.3. Asia Pacific Rice Protein Market
- 10.3.1. China
- 10.3.2. India
- 10.3.3. Japan
- 10.3.4. Australia
10.4. Latin America Rice Protein Market
- 10.4.1. Brazil
- 10.4.2. Argentina
10.5. Middle East & Africa Rice Protein Market
- 10.5.1. Saudi Arabia
- 10.5.2. South Africa

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. Axiom Foods, Inc.
- 11.1.2. RiceBran Technologies
- 11.1.3. Bioway Organic Group Limited
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Golden Grain Group Limited
- 11.3.2. Shafi Gluco Chem Pvt. Ltd.
- 11.3.3. The Green Labs LLC
- 11.3.4. Top Health Ingredients
- 11.3.5. Cambridge Commodities

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes