The Global Organic
Rice Protein Market research report interprets
definition, an investigation of significant progress in the industry. It
provides overall industry survey, product description, wide array of
applications, top players, and development forecast. It enhances understanding
about that market along with new business trends.
Industry Insights
The global organic rice
protein market was valued over USD 30 million in 2015 and is expected to
witness rapid growth over the forecast period. The growing demand for organic,
vegan, non-toxic and non-GMO food ingredients is expected to fuel the demand
for these products. The hypoallergenic nature is proving extremely useful and
replacing dominant allergens such as gluten proteins, dairy, and soy.
The high nutritional value
of these products owing to the presence of large amounts of amino acids is
beneficial for building muscles owing to which organic rice protein is combined
with dietary protein in health supplements. Increasing utilization of this
product in sports & recovery drinks and non-dairy drinks is expected to
propel the demand. High-quality products developed using extensive R & D is
driving market growth. Superior properties and low cost of these products are
expected to open new avenues for application in end-use industries.
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Main features of the report:
·
To provide
detailed analysis of the market structure along with forecast of the various
segments and sub-segments of the global Organic Rice Protein Market.
·
A complete
backdrop analysis, which includes an assessment of the parent market
·
Important
changes in market dynamics
·
Market
segmentation up to the second or third level
·
To provide
country level analysis of the market for segment by application, product type
and sub-segments.
·
To provide
strategic profiling of key players in the market, comprehensively analyzing
their core competencies, and drawing a competitive landscape for the market.
·
Track and
analyze competitive developments such as joint ventures, strategic alliances,
mergers and acquisitions, new product developments, and research and
developments in the global Organic Rice Protein Market.
·
Emerging
niche segments and regional markets
·
An
objective assessment of the trajectory of the industry.
Organic rice protein
exhibits functional properties such as viscosity, solubility, emulsification,
and foaming which helps in maintaining the quality of the product. Low consumer
awareness about organic rice protein coupled with the availability of
alternative products coupled is projected to act as a restraint over the
forecast period.
Application Insights
Sports and energy nutrition
application segment dominated the market in 2015 by accounting for over 85%
share. The growing focus on healthy and nutritional drinks containing organic
ingredients is expected to have a positive impact on market growth. The ability
of these products to improve metabolism and controls sugar level is responsible
for rapid growth in this application segment. The growing trend of going vegan
is boosting the demand for meat analogues and extenders product category which
is expected to boost the demand for these products over the forecast period.
Regional Insights
Europe is expected to
witness the fastest growth on account of increasing consumer awareness. Growing
consumption of meat analogs coupled with rising focus on healthier lifestyles
is likely to propel the demand for organic rice protein over the forecast
period.
North America was the most
dominant region for this market in 2015 by accounting over 50%, owing to
growing demand for sports beverages in Canada and US. The presence of many key
manufacturers in this region is likely to drive market growth over the forecast
period. High preference towards natural food ingredients is expected to further
augment the market growth.
Competitive Insights
The key players in the
organic rice protein market are AIDP Inc., Axiom Foods, and Rice Bran
Technologies. The other industry players include Shaanxi Fuheng Biotechnology
Co., Ltd., Top Health Ingredients Inc., The Green Labs LLC, Nutrition Resource
Inc., Shafi Gluco Chem Pvt. Ltd., Bioway Organic Ingredients Co. Ltd., and
Golden Grain Group Ltd.
Agreements and partnerships
are the strategies adopted by the key players. Companies are trying to increase
their global reach by entering into partnerships and expanding their distribution
channels. Key manufacturers are involved in extensive R & D for
high-quality product development, which is expected to drive the competition
among the key manufacturers.
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