Organic Rice Protein Market Size (2023 - 2030)

The global Organic Rice Protein Market was evaluated to be worth USD 114.21 Million in 2022 and is projected to reach a value of USD 438.11 Million by the end of 2030, growing at a CAGR of 18.3% during the outlook period 2023-2030.

The market for organic rice protein has seen significant growth in recent years due to factors such as consumer demand for plant-based protein sources, the appeal of organic products, and rising consumer awareness of the advantages of organic rice protein for health and the environment. Organic rice protein, a common basic food consumed worldwide, comes from rice. It is made by fermenting rice grains, hydrolysing those using enzymes, and then separating the protein. The resulting protein powder is full of essential amino acids that the human body needs and is high in protein. The rising demand for plant-based protein alternatives is one of the main factors propelling the growth of the organic rice protein market. As more people choose vegetarian, vegan, and flexitarian lifestyles, the need for plant-based protein sources has grown. Organic rice protein is a wonderful choice for consumers looking for a complete protein source without having to rely on animal-based products. Additionally, because it is free of common allergens like dairy, soy, and gluten, organic rice protein is great for anyone with dietary restrictions or allergies.

Due to rising demand for plant-based protein sources, rising interest in organic products, and the functional benefits of organic rice protein, the market for organic rice protein is expanding rapidly. Organic rice protein is positioned to acquire further momentum in the food and beverage sector thanks to its full amino acid profile, allergen-free status, and environmental sustainability. To fully fulfill the commercial potential for organic rice protein, issues consisting of cost competitiveness and competition from alternative plant-based protein sources must be resolved. 

Global Organic Rice Protein Market Drivers:

Increasing Consumer Demand for Plant-Based Protein Sources

One of the main drivers arising from the global market for organic rice protein is consumers' increased preference for plant-based protein sources. As more people adopt vegetarian, vegan, and flexitarian diets, the need for plant-based protein alternatives has grown dramatically. Organic rice protein, which is derived from rice grains, offers a practical solution for consumers seeking complete protein sources that don't rely on animal-based goods. It offers a sustainable alternative to animal protein that is high in the essential amino acids required by the human body. The move towards plant-based diets is being driven by a variety of factors, including health awareness, environmental concerns, and ethical issues. Plant-based proteins are usually viewed as superior since they frequently have lower levels of cholesterol and saturated fat than animal-based proteins. Additionally, a plant-based diet has been linked to several health advantages, including a lower chance of developing chronic illnesses like diabetes and heart disease. Furthermore, consumers are looking for sustainable protein sources due to growing environmental awareness about the effects of animal husbandry. Compared to animal-based proteins, plant-based proteins, such as organic rice protein, have a smaller carbon footprint, use fewer water and land resources, and help to reduce greenhouse gas emissions. The demand for plant-based protein sources is being driven by these environmental advantages, fuelling the expansion of the world market for organic rice protein.

Growing Awareness and Preference for Organic Products

The global market for organic rice protein is expanding as a result of rising consumer knowledge of and desire for organic products. Consumers have recently been more aware of the possible health dangers linked to the use of synthetic chemicals, pesticides, and genetically modified organisms (GMOs) in the manufacturing of conventional foods. Due to increased awareness, consumers are turning to organic food items, which include organic rice protein. Rice that has been grown organically—without the use of pesticides, synthetic fertilizers, or genetically modified organisms—is the source of organic rice protein. Organic certification provides consumers with a guarantee of quality and authenticity by confirming that the product complies with strict criteria and laws. Consumers who are concerned about their health are drawn to organic rice protein since it contains no chemicals or substances that have been genetically engineered. The demand for organic products also takes into account environmental sustainability in addition to personal health issues. Using organic agricultural methods helps to preserve ecosystems, biodiversity, and soil health. Customers may lessen their influence on the environment and support sustainable agriculture methods by buying organic rice protein.

Global Organic Rice Protein Market Challenges:

The higher production costs compared to other protein sources are one of the main obstacles facing the global market for organic rice protein. Increased production expenses are ultimately passed on to consumers as a result of organic agricultural methods, certification requirements, and the scarcity of organic rice. Mass adoption of organic rice protein may be hampered by its greater price, especially in regions where pricing is an issue. To maintain competitiveness and increase the market attractiveness of products containing organic rice protein, manufacturers in the market for organic rice protein must solve this cost issue.

Global Organic Rice Protein Market Opportunities:

The growing market for natural ingredients and clean-label goods offers the global organic rice protein sector a considerable business opportunity. Consumers are paying more attention to the ingredients in their food and beverages as they search for products with transparent and recognizable ingredients. Organic rice protein, which is derived from natural and organic sources, supports this propensity. Manufacturers may seize this opportunity by stressing the organic rice protein's natural and clean-label attributes and appealing to the shifting preferences of health-conscious consumers. 

Impact of COVID-19 on the Global Organic Rice Protein Market:

The increased consumer knowledge of nutrition and health brought on by the COVID-19 epidemic has boosted the global market for organic rice protein. As people place greater value on their health and immunity, demand for plant-based protein sources like organic rice protein has increased. As more individuals switch to consuming a diet high in plant-based proteins, the market for organic rice protein has grown. The disruption of global supply networks brought on by the COVID-19 pandemic has made it more difficult to produce and distribute organic rice protein. Logistical issues, lockdown processes, and limitations on international trade hurt the supply and acquisition of organic rice protein. Additionally, consumers' financial strains and economic uncertainty brought on by the epidemic have decreased their purchasing power.

Global Organic Rice Protein Market Recent Developments:

In June 2020, Kerry's plant protein line, a part of the Taste & Nutrition brand, is rapidly propelling in response to the rising demand for high-quality plant-based substitutes. The new products were made especially to go with common foods like yogurt, beverages, smoothies, and energy snacks. Kerry has become a pioneer in the creation of delectable plant-based substitutes because of its innovative products. Kerry will be able to escalate its already strong protein supply for the food and beverage industry with this acquisition.

ORGANIC RICE PROTEIN MARKET REPORT COVERAGE:

Global Organic Rice Protein Market Segmentation: By Type

• Isolates

• Concentrates

You can divide the market for organic rice protein into isolates and concentrates based on the kind. While organic rice protein concentrates have a lower protein level between 60% and 80%, organic rice protein isolates are highly refined protein powders with a minimum of 90% protein content. According to market research, organic rice protein isolates rule the market because of their greater protein content and adaptability in a range of uses, such as nutritional supplements, functional beverages, and sports nutrition. Manufacturers who want a pure, neutral-tasting protein supply with great solubility and functioning prefer the isolates. Protein powders, protein bars, and ready-to-drink beverages are all frequently made with them. However, organic rice protein concentrates serve markets that are price-conscious and find use in goods where somewhat lower protein content is acceptable. Concentrates are frequently used in snacks, cereals, and bread goods. The majority of the market is occupied by organic rice protein isolates because of their higher protein content and larger range of applications, but organic rice protein concentrates are also important since they offer affordable protein solutions for a variety of food and beverage items.

Global Organic Rice Protein Market Segmentation: By Application

• Sports & Energy Nutrition Drinks

• Dairy Alternatives

• Bakery & Confectionery

• Others

Based on application, the market for organic rice protein can be divided into categories such as baking & confectionery, dairy alternatives, sports & energy nutrition drinks, and others. Since organic rice protein is preferred by athletes and fitness enthusiasts looking for a pure and plant-based protein source to enhance their training and performance, sports & energy nutrition beverages rule the market. Market expansion is anticipated to be fuelled by the growing demand for plant-based protein in the sports nutrition sector. Due to the rising popularity of veganism and lactose intolerance among consumers who are turning to plant-based alternatives, dairy substitutes also account for a sizeable portion of the market. Yogurt, cheese, and dairy-free milk all use organic rice protein. As a pure and nutritious protein source used in protein bars, baked goods, and snacks, organic rice protein is also being used in bakery and confectionery products. Pet food, dietary supplements, and baby nourishment are some further applications. Due to the growing need for plant-based protein sources in the sports nutrition sector, the drinks for sports & energy nutrition segment currently retains the bulk of the market share. Due to the shift toward veganism and dairy-free products, the market for dairy alternatives is also expanding quickly. Due to rising consumer demand for wholesome snacks, the bakery and confectionery industry is predicted to expand significantly.  

Global Organic Rice Protein Market Segmentation: By Region

• North America

• Europe

• Asia Pacific

• South America

• Middle East & Africa

Region-based market segmentation for organic rice protein includes North America, Europe, Asia Pacific, South America, and the Middle East & Africa. In the market for organic rice protein, North America and Europe possess sizeable market shares. Plant-based protein products are in high demand in the United States and Western European nations due to reasons including health consciousness, environmental concerns, and the availability of a wide variety of organic food options. Due to the rising popularity of vegetarian and vegan diets in nations like China and India, the Asia Pacific region is rapidly propelling as a significant market for organic rice protein. As the need for plant-based proteins and other foods increases, South America and the Middle East & Africa regions also present potential opportunities. Due to their well-established organic food businesses and stronger consumer awareness of the advantages of organic products, North America and Europe currently hold a monopoly on the market. However, given to the region's expanding population, rising disposable income, and shift in dietary preferences toward plant-based proteins, Asia Pacific is predicted to experience the largest growth rate over the next few years. 

Global Organic Rice Protein Market Key Players:

1. Axiom Foods, Inc.

2. RiceBran Technologies

3. Bioway (Xi'An) Organic Ingredients Co., Ltd

4. Golden Grain Group Limited.

5. Ribus, Inc.

6. The Green Labs LLC.

7. Top Health Ingredients

8. NewGen Direct

9. AKOLA CHEMICALS

10. Gulshan Polyols Ltd.

11.