Organic Rice Protein Market Overview
The global organic rice protein market was valued USD 96 million in 2021 and is expected to expand to USD 436 million by 2030 at a CAGR of 18.2%.
Organic rice protein is a type of protein powder that is derived from organic rice. It is a plant-based protein source that is suitable for vegetarians and vegans, as well as for people with allergies or sensitivities to animal-based proteins or other common allergens. Organic rice protein is considered to be a complete protein, as it contains all nine essential amino acids that the human body cannot synthesize on its own.
Organic rice protein is made by extracting the protein from organic brown rice, which is then processed and dried into a fine powder. It is typically low in fat and calories, and is also a good source of fiber. In addition, it is easy to digest and may be less allergenic than other plant-based proteins, such as soy or wheat.
The market for organic rice protein has been growing in recent years, driven by increasing demand for plant-based protein sources, as well as the growing trend towards organic and natural products. Organic rice protein is used in a variety of applications, including sports nutrition, functional foods and beverages, and dietary supplements. It is also often used as an ingredient in plant-based protein powders and bars, as well as in other food products.
Overall, the organic rice protein market is expected to continue to grow in the coming years, due to increasing demand for plant-based protein sources and the growing trend towards organic and natural products.
Organic Rice Protein Market Growth Factors
There are several factors that are driving the growth of the organic rice protein market:
- Increasing demand for plant-based protein: The demand for plant-based protein sources is growing globally, as more people are adopting vegetarian and vegan diets, and as consumers become more aware of the environmental and health benefits of plant-based protein. This is leading to increased demand for organic rice protein and other plant-based protein sources.
- Growing trend towards organic and natural products: Consumers are becoming increasingly aware of the importance of using natural and organic products, and this is driving the demand for organic rice protein.
- Increasing awareness of the health benefits of rice protein: Rice protein is a complete protein that is low in fat and calories, and is also a good source of fiber. These health benefits are contributing to the growing popularity of rice protein, including organic rice protein.
- Rising demand for sports nutrition products: The sports nutrition market is growing globally, as more people become interested in maintaining a healthy lifestyle and improving their physical performance. Organic rice protein is often used as an ingredient in sports nutrition products, such as protein powders and bars, which is driving demand for the product.
- Increasing demand for functional foods and beverages: There is growing demand for functional foods and beverages that offer health benefits beyond basic nutrition, such as improved digestion or immune support. Organic rice protein is often used as an ingredient in functional foods and beverages, which is contributing to the growth of the market.
Organic Rice Protein Market Future Opportunities
- The organic rice protein market is expected to continue to grow in the coming years, and there are several opportunities that may emerge in the market:
- Expansion into new regions and countries: The organic rice protein market is currently concentrated in a few regions, such as North America and Europe. However, there is potential for the market to expand into new regions, such as Asia and Latin America, as the demand for plant-based protein sources and organic products increases in these regions.
- Development of new products and product innovations: There is potential for the development of new products and product innovations using organic rice protein, such as functional foods and beverages, protein bars, and snack foods. This could help to drive the growth of the market.
There have been several recent developments in the organic rice protein market:
- New product launches: Several companies have launched new products containing organic rice protein in recent years, such as protein powders, bars, and functional beverages. For example, in 2021, Sunwarrior, a company that specializes in plant-based protein products, launched a line of organic rice protein powders in various flavors.
- Partnerships and collaborations: Companies in the organic rice protein market have entered into partnerships and collaborations in order to expand their presence in the market and to develop new products.
- Acquisitions and mergers: There have been several acquisitions and mergers in the organic rice protein market in recent years, as companies seek to expand their presence in the market or to acquire new technologies. For example, in 2020, Nutriati, a company that produces plant-based protein ingredients, announced the acquisition of a rice protein manufacturer in order to expand its portfolio of plant-based protein products.
- Expansions and investments: Companies in the organic rice protein market have made investments and expansions in order to increase production capacity and to meet growing demand for the product. For example, in 2020, RiceBran Technologies announced the expansion of its rice bran production facility in order to meet the growing demand for plant-based protein ingredients, including organic rice protein.