The global market for rice protein surpassed US$ 108 million in 2018, and it is expected to envisage nearly 7% y-o-y in 2019, according to a recent study published by Fact.MR. The study opines that the growth of the rice protein market is indicative of a growing consumer demographic looking for a meat-free and active lifestyle. Fact.MR attributes the recent upsurge in demand for rice protein to a palpable shift in consumer preference for non-allergenic and vegetable-derived substitutes for traditional animal-based proteins.
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The study finds that the demand for rice protein is also being buoyed by the growing veganism trend. A sizeable section of consumers is developing a proclivity for plant-based and organic food products and this is triggering ingredient manufacturers to make a move to offer plant-based ingredients. Increasing health concerns with high prevalence of lifestyle diseases, such as obesity, will continue to boost adoption of rice protein in the food & beverage industry, opines Fact.MR.
The study also found that rice protein isolates accounted for more than 45% revenue share in 2018. Growing consumption of plant-based proteins is observed, not only among health-conscious consumers but also among endurance athletes and bodybuilders. Rice protein isolates are gaining popularity as an ideal supplement in the sports nutrition segment as they facilitate protein synthesis in the muscles and prevent muscle breakdown during workouts. Rice protein isolates are likely to witness incremental demand as an important ingredient in nutritional bars and supplements in the coming years, according to the study.
What are the Key Challenges in the Rice Protein Market?
Unlike animal proteins, rice proteins lack basic functional properties required to achieve the optimal nutrient profile and taste in high-protein food products. Formulation challenges associated with the applications of rice protein may trigger end-users to adopt its alternatives.
Read Detailed Index of full Research Study at https://www.factmr.com/report/520/rice-protein-market
Rice proteins are generally considered incomplete proteins due to the absence of essential nutrients, such as amino acids methionine and cysteine, which is limiting their applications.
The risk of dry or gritty texture and flavor off-notes with the use of plant-based proteins in various food products is driving food manufacturers away from plant proteins.
Rice Protein Market – Notable Developments
In March 2019, Axiom Foods Inc. – an American manufacturer of functional food ingredients – announced it has entered an agreement to enlist Univar Solutions – a U.S.-based distributor and providers of ingredients and value-added services – as its official distributor in the U.S. Univar Solutions will distribute Axiom’s plant-based products, including rice protein, pea protein, rice and oat dairy alternatives, and rice sugar, in the U.S. With this agreement, Axiom Foods aims to leverage Univar Solutions’ vast distribution network in the U.S. to strengthen its position in order to become more accessible throughout its supply chain network in the country.
In November 2018, RiceBran Technologies – a U.S.-based manufacturer and marketer of rice bran products and a leading player in the rice protein market – announced it has acquired the assets and operations of rice bran stabilization and rice milling facility of Golden Ridge Rice Mills – a leading manufacturer of premium grade white rice – in Wynne, Arizona. The acquisition is a part of the company’s new stabilized rice bran (SRB) business strategies to establish a strong presence in Arkansas, which is a leading rice-producing state in the U.S., in order to enhance the supply chain management and gross margins in its SRB business.
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RiceBran Technologies, Kerry Group plc, Shafi Gluco Chem Pvt. Ltd., Golden Grain Group Ltd, Bioway (Xi'an) Organic Ingredients Co., Ltd., Beneo GmbH, Axiom Foods Inc., AIDP Inc., Shaanxi Fuheng (FH) Biotechnology Co., Ltd, The Green Labs LLC, Nutribiotic, Top Health Ingredients Inc., North Coast Naturals, and Pure Food Company LLC are among the leading players featured in the rice protein market report.
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Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
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The study finds that the demand for rice protein is also being buoyed by the growing veganism trend. A sizeable section of consumers is developing a proclivity for plant-based and organic food products and this is triggering ingredient manufacturers to make a move to offer plant-based ingredients. Increasing health concerns with high prevalence of lifestyle diseases, such as obesity, will continue to boost adoption of rice protein in the food & beverage industry, opines Fact.MR.
The study also found that rice protein isolates accounted for more than 45% revenue share in 2018. Growing consumption of plant-based proteins is observed, not only among health-conscious consumers but also among endurance athletes and bodybuilders. Rice protein isolates are gaining popularity as an ideal supplement in the sports nutrition segment as they facilitate protein synthesis in the muscles and prevent muscle breakdown during workouts. Rice protein isolates are likely to witness incremental demand as an important ingredient in nutritional bars and supplements in the coming years, according to the study.
What are the Key Challenges in the Rice Protein Market?
Unlike animal proteins, rice proteins lack basic functional properties required to achieve the optimal nutrient profile and taste in high-protein food products. Formulation challenges associated with the applications of rice protein may trigger end-users to adopt its alternatives.
Read Detailed Index of full Research Study at https://www.factmr.com/report/520/rice-protein-market
Rice proteins are generally considered incomplete proteins due to the absence of essential nutrients, such as amino acids methionine and cysteine, which is limiting their applications.
The risk of dry or gritty texture and flavor off-notes with the use of plant-based proteins in various food products is driving food manufacturers away from plant proteins.
Rice Protein Market – Notable Developments
In March 2019, Axiom Foods Inc. – an American manufacturer of functional food ingredients – announced it has entered an agreement to enlist Univar Solutions – a U.S.-based distributor and providers of ingredients and value-added services – as its official distributor in the U.S. Univar Solutions will distribute Axiom’s plant-based products, including rice protein, pea protein, rice and oat dairy alternatives, and rice sugar, in the U.S. With this agreement, Axiom Foods aims to leverage Univar Solutions’ vast distribution network in the U.S. to strengthen its position in order to become more accessible throughout its supply chain network in the country.
In November 2018, RiceBran Technologies – a U.S.-based manufacturer and marketer of rice bran products and a leading player in the rice protein market – announced it has acquired the assets and operations of rice bran stabilization and rice milling facility of Golden Ridge Rice Mills – a leading manufacturer of premium grade white rice – in Wynne, Arizona. The acquisition is a part of the company’s new stabilized rice bran (SRB) business strategies to establish a strong presence in Arkansas, which is a leading rice-producing state in the U.S., in order to enhance the supply chain management and gross margins in its SRB business.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=520
RiceBran Technologies, Kerry Group plc, Shafi Gluco Chem Pvt. Ltd., Golden Grain Group Ltd, Bioway (Xi'an) Organic Ingredients Co., Ltd., Beneo GmbH, Axiom Foods Inc., AIDP Inc., Shaanxi Fuheng (FH) Biotechnology Co., Ltd, The Green Labs LLC, Nutribiotic, Top Health Ingredients Inc., North Coast Naturals, and Pure Food Company LLC are among the leading players featured in the rice protein market report.
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
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