Rice Protein Market size was
estimated over 11 kilo tons in 2015. Rice protein is an important type of a
plant protein and is derived from brown and white rice varieties. The unique
amino acid profile of these additives is driving their application in end-use
industries such as pharmaceuticals and cosmetics.
Rice protein finds its application in the manufacturing of
functional foods, dietary supplements, energy bars, and sports & energy
drinks, owing to which the demand is expected to grow rapidly over the forecast
period. The absence of artificial sweeteners and chemical additives has led to
manufacturers preferring rice protein over soy and whey.
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On the basis of protein content and processes, rice protein
products are segmented into isolates and concentrates. In 2015, isolates
dominated and accounted the majority of the market, in terms of value and
volume in product segment. Isolates separate proteins from the foods, resulting
in the low amount of fat, fiber, and carbohydrate intake in the final product.
The demand for concentrates is expected to grow rapidly as
they are cheaper and possess the ability to replace similar products.
Concentrates are proven nutritious and healthier than whey due to which
consumers have adopted concentrates over whey. The growing demand for sports
nutrition products is expected to further augment demand for concentrates over
the forecast period.
Application Insights
Major applications of rice protein include pharmaceuticals,
cosmetics, food & beverages, and animal feed. In 2015, food & beverages
application segment dominated the market by accounting over 50% of the global
volume. Growing demand for products such as supplements, dairy alternatives,
and sports drinks is anticipated to act as a major driver.
North America accounted for over 47% of global market owing
to high demand from food & beverage industry. The presence of a large
number of manufacturers coupled with the high adoption rate of new products is
expected to boost market growth.
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Market Segment:
Rice Protein Product
Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)
• Rice protein
isolates
• Rice protein
concentrates
• Others
Rice Protein
Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)
• Food and
beverages
• Pharmaceutical
• Cosmetics
• Animal feed
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