The global organic rice protein market is expected to reach USD 154.4 million by 2024, according to a new report by Grand View Research, Inc. Superior functional properties coupled with increasing shift towards non-GMO and vegan food ingredients is expected to propel the demand over the forecast period. The product is hypoallergenic and generally consists of no added colors, sweeteners or fillers which increases its nutritional value. In addition, organic rice protein contains a high level of amino acid content which is very beneficial for building muscles.
Intake of dietary protein along with organic rice protein helps in burning fat through its thermic effect and reduces blood sugar level thereby facilitating weight loss. Companies including Axiom Foods, and Nutribiotics have been involved in extensive R&D in order to develop hexane free organic rice protein thereby facilitating development.
View
summary of this report @ http://www.grandviewresearch.com/industry-analysis/organic-rice-protein-market
Further key findings from the report suggest
·
Organic rice protein isolates are likely to
witness CAGR of over 18% from 2016 to 2024. These produce high quality product
with enhanced color, texture, and flavor in a cost effective manner, which is
likely to augment demand for the product over the forecast period.
·
Sports and energy nutrition application is
expected to witness CAGR of over 16%, in terms of volume, from 2016 to 2024 due
to rapidly growing demand in Europe and North America. High youth population
coupled with increasing trend of sports & gym in Asia Pacific is likely to
have a positive impact on the growth over the forecast period.
·
North America is expected to witness significant
growth from 2016 to 2024 due to the presence of key companies in the region.
The players have been involved in extensive R&D in order to develop
products focusing on numerous applications. High preference towards natural
food ingredients in the regions is expected to propel demand for the product in
meat analogues and extenders over the forecast period.
·
Latin America demand was valued at over USD 1.5
million in 2015. Increasing government initiatives to promote use of organic
food products coupled with high organic rice farming in the region is expected
to augment demand for the product over the forecast period.
·
The market is characterized by the presence of
limited market players with the strong distribution network. Some of the key
organic rice protein suppliers include American Supps, Nordic Food Partners
A/S, Aggressive Health Shop, Bioden, and iHerb Inc. These companies are
involved in the distribution of organic rice proteins on the global level.
Browse
more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has segmented the global organic rice protein market on
the basis of product, application, and region:Organic Rice Protein Product Outlook (Volume, Tons; Revenue, USD Thousand, 2013 - 2024)
·
Rice Protein Isolates
·
Rice Protein Concentrates
·
Others
Organic Rice Protein Application Outlook (Volume, Tons; Revenue, USD
Thousand, 2013 - 2024)
·
Sports & Energy Nutrition
·
Bakery & Confectionery
·
Meat Analogues & Extenders
·
Dairy Alternatives
·
Others
Organic Rice Protein Regional Outlook (Volume, Tons; Revenue, USD
Thousand, 2013 - 2024)
·
North America
o
U.S.
·
Europe
o
Germany
·
Asia Pacific
o
China
·
Latin America
o
Brazil
·
MEA
For press release of this report - http://www.grandviewresearch.com/press-release/global-organic-rice-protein-market
About Grand View
Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
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