The organic rice protein market is projected to grow at a CAGR of 18.3% from 2016 to reach a projected value of USD 96.5 Million by 2021.
The growth of this market is driven by an increase in demand of protein functionalities in the food & beverages sector. The market is further driven by factors such as increasing consumer awareness with regard to the benefits of a healthy diet, increase in demand for non-GMO, gluten-free, and vegan products, and increase in demand of plant proteins due to environmental and health concerns related to animal protein.
North America accounted for the largest market share in this market in 2015. Increasing aging population and demand for nutritional food is growing; in addition to this, growing awareness about animal welfare and health is driving the organic rice protein market in this region.
The European region is projected to be the fastest-growing market due to increase in emphasis on healthier lifestyles and hence, protein product manufacturers are focusing on providing products which are allergen free and comply with the safety standards. The increase in demand of organic food products by the population is driving the market for organic rice protein in the region.
Lack of awareness and competition from other plant proteins poses as a challenge for the organic rice protein market.
- AIDP, Inc.
- Axiom Foods, Inc.
- Bioway (Xi'an) Organic Ingredients Co., Ltd.
- Golden Grain Group Limited
- Ribus, Inc.
- Ricebran Technologies
- Shaanxi Fuheng (FH) Biotechnology Co., Ltd
- Shafi Gluco-Chem (Pvt.) Ltd.
- The Green Labs LLC
- Top Health Ingredients Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Organic Rice Protein Market, By Type
8 Organic Rice Protein Market, By Form
9 Organic Rice Protein Market, By Application
10 Organic Rice Protein Market, By Function
11 Organic Rice Protein Market, By Brand
12 Organic Rice Protein Market, By Region
13 Competitive Landscape
14 Company Profiles
For more information visit http://www.researchandmarkets.com/research/kk6lcp/organic_rice
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/organic-rice-protein-market-worth-usd-965-million-by-2021---increasing-consumer-awareness-of-benefits-of-healthy-diet---research-and-markets-300275727.html
SOURCE Research and Markets