The Europe Rice Protein Market was worth US$ XX million in 2022, and it is estimated to grow at US$ XX million by the end of 2028 at an increasing CAGR of XX% during 2023 - 2028.
Rice protein is made by separating carbs from proteins in brown and white rice. It can be used in place of soy and whey protein. Because of the numerous benefits that rice protein provides, the worldwide rice protein market is expected to grow. The rising tendency of diet-conscious people is predicted to be a factor in the global rice protein market opening fresh prospects. The Europe rice protein market is likely to be driven by increased demand from the nutritional, cosmetic, and sports industries. The demand for rice protein is increasing as people become more aware of diet and nutrition, as well as their spending power. As a result, the worldwide rice protein market is expected to grow rapidly.
Vegans are looking for new sources of protein, which increases demand for rice protein, causing the worldwide rice protein market to expand significantly. The Europe rice protein market is predicted to grow due to strong demand from the food and beverage industry. It is a healthier source of protein because of its ability to separate carbs and proteins. As a result, the high protein content enhances the rice protein market. It is also high in antioxidants and amino acids, which contributes to the Europe rice protein market's growth. Furthermore, increased demand for organic rice proteins, owing to their greater protein content, has become a trending aspect in the worldwide fructose market, acting as a catalyst for growth. Lactose-intolerant people can eat organic rice protein. Additionally, it is gluten-free, which is projected to boost the worldwide rice protein market. Moreover, Rice protein has a lot of cysteine and Sulphur-containing amino acids in it. It's usually combined with pea protein to compensate for rice protein's lack of lysine. Rice protein is low in fat and cholesterol, and it contains important amino acids for muscular growth. Rice protein, which is a wonderful meal replacement, is easy to incorporate into a meal or create into a nutritious drink. For people suffering from gastrointestinal (GI) issues, this protein source is very easy to digest. One of the key drivers for the rice protein market is the rising food and beverage processing industry. Consumer demand for functional foods and beverages such as energy bars, dietary supplements, sports and energy drinks has also aided the industry's expansion.
Because of its high amino acid content, rice protein is seen as a viable alternative to other plant and animal-based proteins such as whey and soy. Rice protein contains amino acids that are important for tissue repair and recovery, as well as muscle recovery. Furthermore, these proteins do not contain artificial sweeteners, resulting in a low chemical content when compared to other proteins.
The rice protein market is still in its infancy. Customers' lack of knowledge about rice protein is a prominent factor that could stifle the growth of the European rice protein market. The development of different plant proteins is a challenge for the European rice protein market to grow.
Depending on the product, the Europe rice protein market is augmented in to concentrates, isolates and hydro isolates. Concentrate segment dominates the Europe rice protein market share in the upcoming years. The rice milling process produces the concentrated protein component of the rice grain. It has to do with the production of rice syrup, in which a natural enzymatic process converts rice's complex polysaccharides into a simple sugar.
The Europe rice protein Market is segmented into organic and inorganic. Organic type is responsible for the highest Europe rice protein market share. Organic rice protein is a simple to digest protein that contains a wide range of naturally occurring amino acids, which are the building blocks of protein. A unique enzyme technique is used to create NutriBiotic Organic Rice Protein. The amino acids are not denaturized because of the low temperatures utilized during processing.
The Europe Rice Protein Market has segmented into Pharmaceuticals, Food and Beverages and Cosmetics and animal feed. Bakery and confectionary tend to hold the largest rice protein market share during the forecast period. Baking goods and mixes are widely used to make ready-to-eat products in the baking sector. Color, length, texture, softness of flavor, and other attributes of food products are improved by such substances.
These come in a variety of kinds, and their utilization in bakery items is dependent on regional consumption trends. The usage of rice protein in baking mixes is gaining popularity among consumers who are interested in learning more about the origins of their food and avoiding goods that are deemed artificial or unhealthy.
The Europe Rice Protein Market has dry and liquid. Dry form attributes the most significant Europe rice protein market share during 2022 - 2027. More than 60% of demand is for dry rice protein extract, which has been gaining ground on liquid rice protein extract in the past. The demand for dry rice protein extract has risen as a result of improved quality and mixing properties.
Top uses for dry rice protein extract include grain and pasta products, dairy product analogues, drinks and bases, and baking goods and baking mixes. Dry rice protein extract is predicted to create an absolute $ potential of almost US$ 100 million throughout the projection period, thanks to efforts by rice protein makers to introduce new capabilities such as heat stability and improvements in taste profile and mouth feel.
The Europe Rice Protein Market Report includes the segmentation of countries:
With more than a third of the total market share, Europe is the most important market for rice protein. One of the driving reasons for the rice protein market is the growing demand from the food processing industry. Rice protein growth is projected to be aided by investments in certifications and labelling that comply with European standards and end-use criteria. Rice protein producers are projected to generate new revenue streams by focusing on the growing demand for plant protein in Europe. Moreover, In Europe domestic players and suppliers were collaborated which are likely to strengthen enterprises' positions in the rice protein market.
In contrast to other markets, a shift in consumer behavior has resulted in increased demand for a wide range of other necessary food and beverage items. Simultaneously, rice protein producers are choosing how best to deal with potential supply chain disruptions and capacity constraints that could prohibit them from meeting changing client demands.
The Covid-19 problem had a significant impact on the rice protein market, with demand declining in January and February compared to demand in 2019. Under the most hopeful scenario, the European rice protein market will stay low in the first quarter of 2020 because to the heavy impact of Covid-19, but demand may pick up in the second quarter.
Key Players in the Market:
Major Key Players in the Europe Rice Protein Market are
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