North American rice protein market is majorly driven by demand from obese and overweight population particularly in Canada and the U.S. In last few years, the percentage of people suffering from obesity and overweight is rising constantly. In order to cope up with this issue, health consciousness consumers in the region are increasingly asking for protein rich products. Even government of these countries are concerned about this issue and have taken various measures to fight against these issues. Various government initiatives such as campaigning in universities, schools and in organizations have raised the awareness about the risk from obesity which has led to growing number of people adopting healthy life style by consuming clean and organic ingredients containing products.
Another driver that will aid the growth of rice protein market is environmental and ethical concern of industrial animal farming. This has led to growing population choosing to consume meat free diets thereby pushing the demand for protein based products as substitutes. These trends in the region projects the market of rice protein to reach at $27.9 million by 2023, registering at a fastest CAGR of 7.9% during the period of forecast.
Increasing population in the countries in North America are opting towards vegan and vegetarian diets. This will further push the growth of rice protein market at a rapid rate, the demand for which is majorly expected to come from dietary supplements and food industry. The application of rice protein ingredients across beverage products to produce shakes, energy drinks, juices and sports drinks are ever growing due to growing demand among the athletes and gym goers. Major rice protein producing companies in the region such as Axiom Foods Inc., Nutribiotic, Top Health Ingredients Inc., North Cost Naturals and AIDP Inc. are eyeing to expand their product portfolio as they see huge potential in the market. In order to expand the operations and to capture more market share, companies are implementing various strategies such as investments, expansion, capacity expansion, mergers, acquisitions and joint ventures with the leading plant-based protein companies across the world.
- Market trends since 2014 and five year forecasts of market growth
- Detailed analysis of the micro and macro elements influencing demand trends
- Identifying opportunity spaces across segments and countries
- Supply & demand side trend and analysis
- Price trend analysis, investment prospects and competition pattern
- Insights on growth potential of the market
- Detailed analysis of major producers covering financial investments & strategies adopted
- Competitive landscape of the industry
1.1 Research Methodology
1.2 Scope of the Study
2.1 Market Summary By Type
2.2 Market Summary By Application
2.3 Market Summary by Geography
2.4 Business Trends Summary
3. Industry Dynamics
3.1.1 Growing demand for cheaper sources of plant based protein
3.1.2 Rising health consciousness especially in developing countries
3.1.3 Increasing demand for lactose-free, gluten free protein products
3.1.4 Strengthening demand for dietary Supplements
3.2.1 Lack of commercially feasible extraction process
3.2.2 Growing threat from substitute products
3.2.3 Low awareness about the product
3.3.1 Growing applications in sports nutrition & weight management
3.3.2 Growth in functional food & nutraceuticals industry
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining power of Suppliers
3.4.2 Bargaining power of Buyers
3.4.3 Degree of Competition
3.4.4 Threat of Substitution
3.4.5 Threat of new entrants
3.5 Future Trends in Rice Protein Industry
3.6 Value Chain Analysis
3.7 Industry Policies & Regulations
3.8 Market Innovations
4. Market Size and Forecast
4.1 Market Share, Type
4.1.1 Rice Protein Isolate
4.1.2 Rice Protein Concentrate
4.2 Market Share, Processing
4.2.1 Alkaline Extraction
4.2.2 Physical Extraction
4.2.3 Enzyme Assisted Extraction
4.2.4 Novel Techniques/Others
4.3 Market Share, Application
188.8.131.52 Infant Formula
184.108.40.206 Dairy Products
220.127.116.11 Meat Products
4.3.3 Dietary Supplements
4.3.4 Animal Feed
5. Country Market Share
5.1 North America
6. Competitive Analysis
6.1 Market Share Analysis
6.2 Growth Strategies of leading players
6.3 Investment and Development Prospects
6.3.1 Investment in past five years
6.3.2 Investment Opportunities
6.4 Competition Pattern
6.4.1 Concentration Ratio
6.4.2 Industry Competition
6.5 Price Trend Analysis
6.5.1 Product Classifications and Their Prices
6.5.2 Factors Influencing Prices
7. Company Profiles
7.1 AIDP Inc.
7.2 Axiom Foods Inc.
7.3 Beneo-Palatinit GmbH
7.4 Bioway (Xi'an) Organic Ingredients Co. Ltd.
7.5 Golden Grain Group Limited
7.6 Jiangxi Golden Agriculture Biotech Co. Ltd.
7.7 North Coast Naturals
7.9 Nutrition Resource Inc.
7.10 Pure Food Company LLC
7.11 Ribus Inc.
7.12 Ricebran Technologies
7.13 Shaanxi Fuheng (FH) Biotechnology Co. Ltd
7.14 Shafi Gluco-Chem (Pvt.) Ltd.
7.15 The Green Labs LLC
7.16 Top Health Ingredients Inc.
- AIDP Inc.
- Axiom Foods Inc.
- Beneo-Palatinit GmbH
- Bioway (Xi'an) Organic Ingredients Co. Ltd.
- Golden Grain Group Limited
- Jiangxi Golden Agriculture Biotech Co. Ltd.
- North Coast Naturals
- Nutrition Resource Inc.
- Pure Food Company LLC
- Ribus Inc.
- Ricebran Technologies
- Shaanxi Fuheng (FH) Biotechnology Co. Ltd
- Shafi Gluco-Chem (Pvt.) Ltd.
- The Green Labs LLC
- Top Health Ingredients Inc.