The global rice protein market is expected to reach USD 372,364.71 thousand by 2031 from USD 267,240.29 thousand in 2023, growing at a CAGR of 4.3% in the forecast period of 2024 to 2031.
Market Segmentation
Global Rice Protein Market, By Type (Isolates, Concentrates, and Hydrolysates), Category (Conventional and Organic), Source Type (Brown, White, Red, Black, and Others), Extraction Process (Wet Processing and Dry Processing), Modification Type (Thermal Modification, Chemical Modification, and Enzyme Modification), Protein Concentrates (>70% Protein, Between 20%-70%, and <20% Protein), Form (Dry and Liquid), Fortification (Regular and Fortified), Application (Food Products, Nutraceuticals and Dietary Supplements, Beverages, Animal Feed, Cosmetics and Personal Care, Pharmaceuticals, and Others), Country (U.S., Canada, Mexico, Germany, U.K., France, Netherlands, Spain, Belgium, Italy, Denmark, Russia, Sweden, Switzerland, Poland, Turkey, Rest of Europe, China, Japan, India, South Korea, Indonesia, Australia, Thailand, Philippines, Vietnam, Malaysia, Singapore, New Zealand, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, U.A.E., Saudi Arabia, Oman, Kuwait, Qatar, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2031.
Overview of Global Rice Protein Market Dynamics
- Driver
- Growing application of rice protein in functional food and beverages
- Restraint
- Stiff competition from other plant-based proteins
- Opportunity
- Gradual shift towards clean-label products
Market Players
Some of the major market players operating in the global rice protein market are:
- Kerry Group plc.
- Gulshan Polyols Ltd.
- Gehl Foods, LLC.
- Shafi Gluco Chem
- Prinova Group LLC.
- SACCHETTO S.P.A.
- Farbest Brands
- BENEO
- Tiba Trade
- Bioway (Xi'An) Organic Ingredients Co., Ltd.
- Pioneer Industries Private Limited
- SWEET ADDITIONS, LLC.
- ETChem
- VR Enterprises
- Axiom Foods, Inc.
- Singsino Group Limited
- AIDP
- Titan Biotech.
- Z-COMPANY
- Golden Grain Group Limited
- Foodchem International Corporation
- Lotioncrafter
- Creative Enzymes
- The Green Labs LLC.
- RAJVI ENTERPRISE
TABLE OF CONTENTS
1 INTRODUCTION 64
- 1.1 OBJECTIVES OF THE STUDY 64
- 1.2 MARKET DEFINITION 64
- 1.3 OVERVIEW OF THE GLOBAL RICE PROTEIN MARKET 64
- 1.4 LIMITATIONS 66
- 1.5 MARKETS COVERED 66
2 MARKET SEGMENTATION 71
- 2.1 MARKETS COVERED 71
- 2.2 GEOGRAPHICAL SCOPE 72
- 2.3 YEARS CONSIDERED FOR THE STUDY 73
- 2.4 CURRENCY AND PRICING 73
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 74
- 2.6 MULTIVARIATE MODELLING 77
- 2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 78
- 2.8 DBMR MARKET POSITION GRID 79
- 2.9 MARKET APPLICATION COVERAGE GRID 80
- 2.10 VENDOR SHARE ANALYSIS 81
- 2.11 SECONDARY SOURCES 82
- 2.12 ASSUMPTIONS 83
3 EXECUTIVE SUMMARY 84
4 PREMIUM INSIGHTS 88
- 4.1 PESTLE ANALYSIS 90
- 4.1.1 POLITICAL FACTORS 90
- 4.1.2 ECONOMIC FACTORS 90
- 4.1.3 SOCIAL FACTORS 91
- 4.1.4 TECHNOLOGICAL FACTORS 91
- 4.1.5 ENVIRONMENTAL FACTORS 91
- 4.1.6 LEGAL FACTORS 91
- 4.2 PORTER'S FIVE FORCES 93
- 4.2.1 THREAT OF NEW ENTRANTS 93
- 4.2.2 THREAT OF SUBSTITUTES 93
- 4.2.3 BARGAINING POWER OF BUYERS 94
- 4.2.4 BARGAINING POWER OF SUPPLIERS 94
- 4.2.5 COMPETITIVE RIVALRY 94
- 4.3 SUPPLY CHAIN ANALYSIS 95
- 4.3.1 OVERVIEW 95
- 4.3.1.1 RAW MATERIAL SOURCING 95
- 4.3.1.2 PROCESSING AND PRODUCTION 95
- 4.3.1.3 MANUFACTURING 95
- 4.3.1.4 DISTRIBUTION AND LOGISTICS 95
- 4.3.1.5 MARKET ACCESS AND RETAIL 95
- 4.3.1.6 CONSUMER USE AND FEEDBACK 96
- 4.3.2 LOGISTIC COST SCENARIO 96
- 4.3.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 96
- 4.4 TECHNOLOGICAL ADVANCEMENTS BY MANUFACTURERS 97
- 4.4.1 EXTRACTION TECHNIQUES 97
- 4.4.2 PURIFICATION AND CONCENTRATION 97
- 4.4.3 PRODUCT INNOVATION AND DIVERSIFICATION 97
- 4.4.4 SUSTAINABLE PRODUCTION PRACTICES 97
- 4.4.5 QUALITY CONTROL AND ASSURANCE 97
- 4.4.6 RESEARCH AND DEVELOPMENT 98
- 4.5 VENDOR SELECTION CRITERIA 99
- 4.5.1 QUALITY OF RICE PROTEIN 99
- 4.5.2 PRODUCTION PROCESS AND TECHNOLOGY 100
- 4.5.3 SUPPLY CHAIN AND SOURCING PRACTICES 100
- 4.5.4 COST AND PRICING 100
- 4.5.5 CAPACITY AND SCALABILITY 100
- 4.5.6 CUSTOMER SERVICE AND SUPPORT 100
- 4.5.7 REPUTATION AND TRACK RECORD 100
- 4.5.8 SUSTAINABILITY PRACTICES 100
- 4.5.9 CONTRACTUAL AND LEGAL ASPECTS 100
- 4.6 RICE PROTEIN PRICE BY MANUFACTURERS 101
- 4.7 CLIMATE CHANGE SCENARIO 102
- 4.7.1 ENVIRONMENTAL CONCERNS 102
- 4.7.1.1 RICE CULTIVATION AND PRODUCTION CHALLENGES 102
- 4.7.1.2 SUPPLY CHAIN DISRUPTIONS 102
- 4.7.1.3 QUALITY AND COMPOSITION CHANGES 102
- 4.7.1.4 ADAPTATION AND MITIGATION EFFORTS 102
- 4.7.1.5 MARKET DYNAMICS AND CONSUMER BEHAVIOR 102
- 4.7.2 INDUSTRY RESPONSE 102
- 4.7.3 GOVERNMENT'S ROLE 103
- 4.7.4 ANALYST RECOMMENDATION 103
- 4.8 KEY MANUFACTURERS RICE PROTEIN PRODUCTION & CAPACITY 104
- 4.9 PRICING ANALYSIS 105
- 4.10 PRODUCTION CONSUMPTION ANALYSIS 106
- 4.11 RAW MATERIAL COVERAGE 108
- 4.11.1 RICE VARIETIES 108
- 4.11.2 SOURCING REGIONS 108
- 4.11.3 QUALITY AND PURITY 108
- 4.11.4 SUSTAINABLE SOURCING 108
- 4.11.5 PROCESSING AND EXTRACTION 108
- 4.11.6 WASTE UTILIZATION 108
- 4.11.7 SUPPLY CHAIN STABILITY 108
- 4.11.8 RESEARCH AND INNOVATION 108
- 4.12 IMPORT-EXPORT SCENARIO 109
5 REGULATION COVERAGE 110
6 MARKET OVERVIEW 112
- 6.1 DRIVERS 114
- 6.1.1 RISE IN HEALTH AND WELLNESS TRENDS 114
- 6.1.2 INCREASING DEMAND FOR PLANT-BASED PROTEINS 114
- 6.1.3 GROWING APPLICATION OF RICE PROTEIN IN FUNCTIONAL FOODS AND BEVERAGES 115
- 6.1.4 RISING FITNESS AND SPORTS NUTRITION INDUSTRY 115
- 6.2 RESTRAINTS 116
- 6.2.1 LIMITED AMINO ACID PROFILE 116
- 6.2.2 STIFF COMPETITION AMONG THE MARKET PLAYERS DUE TO THE AVAILABILITY OF OTHER PLANT-BASED PROTEINS 117
- 6.3 OPPORTUNITIES 118
- 6.3.1 GRADUAL SHIFT TOWARDS CLEAN-LABEL PRODUCTS 118
- 6.3.2 IMPROVED TECHNOLOGY ON ALTERNATIVE MEAT PRODUCTS 118
- 6.3.3 MEAT ADULTERATION AND ANIMAL-BORNE DISEASES 119
- 6.4 CHALLENGES 120
- 6.4.1 DISRUPTIONS IN THE SUPPLY CHAIN OF RICE PROTEIN 120
- 6.4.2 ALLERGEN LABELING AND LIMITED CONSUMER PERCEPTION AND AWARENESS 121
7 GLOBAL RICE PROTEIN MARKET, BY TYPE 122
- 7.1 OVERVIEW 123
- 7.2 ISOLATES 124
- 7.3 CONCENTRATES 125
- 7.4 HYDROLYSATES 125
8 GLOBAL RICE PROTEIN MARKET, BY CATEGORY 127
- 8.1 OVERVIEW 128
- 8.2 CONVENTIONAL 129
- 8.3 ORGANIC 129
9 GLOBAL RICE PROTEIN MARKET, BY SOURCE TYPE 130
- 9.1 OVERVIEW 131
- 9.2 BROWN 132
- 9.3 WHITE 132
- 9.4 RED 133
- 9.5 BLACK 133
- 9.6 OTHERS 134
10 GLOBAL RICE PROTEIN MARKET, BY EXTRACTION PROCESS 135
- 10.1 OVERVIEW 136
- 10.2 WET PROCESSING 137
- 10.3 DRY PROCESSING 138
11 GLOBAL RICE PROTEIN MARKET, BY MODIFICATION TYPE 139
- 11.1 OVERVIEW 140
- 11.2 THERMAL MODIFICATION 141
- 11.3 CHEMICAL MODIFICATION 141
- 11.4 ENZYME MODIFICATION 142
12 GLOBAL RICE PROTEIN MARKET, BY PROTEIN CONCENTRATION 143
- 12.1 OVERVIEW 144
- 12.2 >70% PROTEIN 145
- 12.3 BETWEEN 20%-70% 145
- 12.4 <20% PROTEIN 146
13 GLOBAL RICE PROTEIN MARKET, BY FORM 147
- 13.1 OVERVIEW 148
- 13.2 DRY 149
- 13.3 LIQUID 149
14 GLOBAL RICE PROTEIN MARKET, BY FORTIFICATION 150
- 14.1 OVERVIEW 151
- 14.2 REGULAR 152
- 14.3 FORTIFIED 152
15 GLOBAL RICE PROTEIN MARKET, BY APPLICATION 153
- 15.1 OVERVIEW 154
- 15.2 FOOD PRODUCTS 155
- 15.3 NUTRACEUTICALS AND DIETARY SUPPLEMENTS 158
- 15.4 BEVERAGES 159
- 15.5 ANIMAL FEED 160
- 15.6 COSMETICS AND PERSONAL CARE 161
- 15.7 PHARMACEUTICALS 163
- 15.8 OTHERS 163
16 GLOBAL RICE PROTEIN MARKET, BY REGION 164
- 16.1 OVERVIEW 165
- 16.2 NORTH AMERICA 169
- 16.2.1 U.S. 181
- 16.2.2 CANADA 189
- 16.2.3 MEXICO 198
- 16.3 EUROPE 207
- 16.3.1 U.K. 219
- 16.3.2 FRANCE 227
- 16.3.3 GERMANY 235
- 16.3.4 NETHERLANDS 244
- 16.3.5 SPAIN 253
- 16.3.6 BELGIUM 261
- 16.3.7 ITALY 270
- 16.3.8 DENMARK 278
- 16.3.9 RUSSIA 287
- 16.3.10 SWEDEN 295
- 16.3.11 SWITZERLAND 303
- 16.3.12 POLAND 311
- 16.3.13 TURKEY 321
- 16.3.14 REST OF EUROPE 330
- 16.4 ASIA-PACIFIC 331
- 16.4.1 CHINA 343
- 16.4.2 JAPAN 351
- 16.4.3 INDIA 358
- 16.4.4 SOUTH KOREA 365
- 16.4.5 INDONESIA 374
- 16.4.6 AUSTRALIA 383
- 16.4.7 THAILAND 390
- 16.4.8 PHILIPPINES 400
- 16.4.9 VIETNAM 409
- 16.4.10 MALAYSIA 418
- 16.4.11 SINGAPORE 427
- 16.4.12 NEW ZEALAND 436
- 16.4.13 REST OF ASIA-PACIFIC 445
- 16.5 SOUTH AMERICA 446
- 16.5.1 BRAZIL 457
- 16.5.2 ARGENTINA 465
- 16.5.3 REST OF SOUTH AMERICA 474
- 16.6 MIDDLE EAST AND AFRICA 475
- 16.6.1 SOUTH AFRICA 484
- 16.6.2 U.A.E 490
- 16.6.3 SAUDI ARABIA 496
- 16.6.4 OMAN 502
- 16.6.5 KUWAIT 508
- 16.6.6 QATAR 514
- 16.6.7 REST OF MIDDLE EAST AND AFRICA 520
17 GLOBAL RICE PROTEIN MARKET: COMPANY LANDSCAPE 521
- 17.1 COMPANY SHARE ANALYSIS: GLOBAL 521
- 17.2 COMPANY SHARE ANALYSIS: EUROPE 522
- 17.3 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 523
- 17.4 COMPANY SHARE ANALYSIS: NORTH AMERICA 524
18 SWOT ANALYSIS 525
19 COMPANY PROFILES 526