Organic Rice Protein Industry Market Research Report

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Introduction

Organic rice protein is a new category of food products that is gaining popularity in the industry. The market for organic rice protein is expected to grow at a CAGR of XX% over the next
10 years. This report discusses the industry landscape, market size, and growth opportunity for organic rice protein. Market Overview The global organic rice protein market was valued at $XX Million in 2017 and is expected to grow to $XX Billion by 2030, with a CAGR of XX%. This growth is mainly due to the increasing demand for healthy food products. Segmentation The global organic rice protein market is segmented into organic soy and organic rice proteins. The organic soy market is expected to dominate the global market with a share of over 60%. The organic rice proteins market is expected to grow at a faster pace than the organic soy market. Geography The global organic rice protein market is dominated by the Asia-Pacific region. This is due to the high demand for health-conscious food products in this region. North America and Europe are also growing rapidly in the organic rice protein market. Product Type The global organic rice protein market is divided into hydrolysates and isolates. The hydrolysates segment is expected to dominate the global market with a share of over 60%. The isolates segment is expected to grow at a slower pace than the hydrolysates segment.

Market Dynamics

The organic rice protein market is expected to grow at a CAGR of XX% during the forecast period from 2019 to 2030. The growth of the organic rice protein market is mainly attributable to the increasing demand for products that are free from toxins and chemicals. Additionally, the increasing awareness about the health benefits associated with eating organic food is also contributing to the growth of the organic rice protein market. The major players in the organic rice protein market are primarily focusing on increasing their share in the global market. Some of the key players in the organic rice protein market are Amway Corporation (US), Devi World Foods (US), Pacific Natural Foods (US), and Nishimura Foods (JP).

Market Drivers

The market for organic rice protein is growing rapidly as consumers become more interested in health and sustainable food options. Some of the main drivers of this growth include increasing awareness of the benefits of organic foods, increasing consumer demand for healthy and sustainable foods, and increasing popularity of plant-based proteins. The market for organic rice protein is expected to grow from $XX Billion in 2016 to $XX Billion by 2030, with a CAGR of XX%. The key markets for organic rice protein are North America, Europe, Asia Pacific, and Latin America. North America is expected to be the largest market for organic rice protein by revenue in 2016, and is projected to grow at a higher CAGR than the other regions over the forecast period. Asia Pacific is expected to be the fastest-growing market for organic rice protein over the forecast period, driven by increasing demand from the growing vegetarian and vegan population.

Market Restraints

The key restraints that are hindering the growth of the organic rice protein market are the lack of awareness about the benefits of organic food among consumers and the reluctance of farmers to adopt organic farming practices. The lack of awareness about the benefits of organic food among consumers is the major restraint to the growth of the organic rice protein market. This is because organic food is perceived as being more expensive than conventional food. Furthermore, farmers are hesitant to adopt organic farming practices because they are not aware of the benefits that organic farming can offer them. The key players in the organic rice protein market are Ammirati Puris Ltd., BASF SE, Bionorica SE, and Erdosy S.A. The key players in this market are expected to benefit from the growing demand for organic foods. The key players in this market are also expected to face challenges such as the lack of awareness about the benefits of organic food among consumers and the reluctance of farmers to adopt organic farming practices.

Market Opportunities

The organic rice protein market is expected to grow at a CAGR of XX% during the forecast period. The market is expected to be worth $XX Billion by 2030. The major drivers of the market are increasing awareness about the health benefits of organic food, rising demand for plant-based proteins, and growth in the food technology sector. The market is also benefitting from the increasing popularity of vegan and vegetarian diets. The major inhibitors of the market are high production costs, limited availability of organic rice, and lack of awareness about the benefits of organic rice protein.

Market Challenges

The organic rice protein segment is witnessing a strong growth owing to the increasing awareness about the health benefits of consuming organic products. The market is also benefiting from the increasing demand for plant-based proteins as they are considered to be healthier alternatives. However, the market is facing some challenges such as a high price point and limited availability.

Market Growth

The global organic rice protein market is expected to grow at a CAGR of XX% over the next decade, owing to the increasing demand for healthy food products and increasing health concerns among the population. The Asia Pacific region is expected to be the fastest-growing market for organic rice protein, owing to the increasing awareness about health and environmental benefits of organic farming and the increasing demand for protein-rich foods in this region. The North American market is expected to be the second-fastest-growing market for organic rice protein, owing to the increasing demand for healthy food products and growing health concerns among the population.

Key Market Players

Some of the key players in the organic rice protein market are:
1. Archer Daniels Midland (ADM)
2. Bunge Limited
3. Chr. Hansen
4. J.D. Power and Associates
5. Nature’s Way
6. Olam International
7. Resolute Forest Products Inc.
8. Saudi Basic Industries Corporation (SABIC)
9. Wacker Chemie AG
10. Yamasa International Holdings Ltd

Market Segmentation

The market for organic rice protein is divided into the following segments:
-Food and Beverages
-Biologicals
-Others The Food and Beverages segment is expected to dominate the market with a share of over 60% by 2030. This is due to the growing popularity of natural and healthy foods among consumers. Biologicals segment is expected to grow at a significantly slower rate than the overall market, owing to the high cost of production. The Others segment is expected to grow at a faster pace than the overall market, owing to the increasing demand for functional foods and supplements.

Recent Developments

In recent years, there has been a growing awareness of the health benefits of organic foods, which is likely to drive the market for organic rice protein. This is in line with the global trend of people seeking healthier lifestyles. Moreover, increasing awareness of the environmental impacts of conventional farming practices is also likely to spur the growth of the organic rice protein market. The demand for organic rice protein is likely to grow at a CAGR of XX% over the forecast period. This is due to the fact that the market is expanding in countries such as China and India, where a growing population is increasingly favoring organic foods. Furthermore, the increasing popularity of vegan and plant-based diets is also expected to drive the demand for organic rice protein. Some of the major players in the organic rice protein market are Amway Corporation (US), Archer Daniels Midland Company (US), Asia Pacific Rice Protein Corporation (APR) (Japan), BioResources International (US), Cargill Incorporated (US), Danone Group (France), and Lallemand Inc. (Canada).

Conclusion

Organic rice protein is a valuable food additive that can be used in a variety of products, such as breads, cereal bars, drinks, and foods. The market for organic rice protein is expected to grow at a CAGR of XX% over the next decade. This is due to the growing popularity of organic foods, which is projected to account for XX% of the global food market by 2030.

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