South Africa Rice Protein Market 2018-2023 - Size, Trends, Competitive Analysis and Forecasts

  • ID: 4539062
  • Report
  • Region: Africa, South Africa
  • 90 pages
  • Hypercube Insights
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FEATURED COMPANIES

  • AIDP Inc.
  • Axiom Foods Inc.
  • Beneo-Palatinit GmbH
  • North Coast Naturals
  • Nutribiotic
  • Nutrition Resource Inc.
  • MORE
South Africa is relatively developed economy in the African region. Diverse business of the countries such as mining, fisheries and agriculture aids in rapid development of the country. The market of protein in the country is developing rapidly due to increase in demand of food and supplement products containing protein as an ingredient. The whey protein industry of the country has highest market share compared to the other types of protein. However, in recent years, the demand of plant-based protein products has increased which has resulted in rice protein market share of 70% of total rice protein market in the Africa. The market revenue of rice protein is estimated to grow and capture the value of $2.81 million by 2023, registering at a CAGR of 4.7% during 2018 to 2023.

Major driver of rice protein in the country is increase in population turning towards vegan and vegetarian diets. In addition, the awareness about the health problems due to excessive consumption of meat products has increased. Hence, more and more people in the country are giving up animal-based food products. The opinion of food protein experts has also influenced the buying behavior of the consumers leading to increased consumption of protein based products. All these factors have resulted in increase in application of rice protein in food and beverage industry.

While, the other driver of rice protein industry in South Africa is increasing population interested in physical activities such as sports, fitness clubs, health clubs and yoga. In order to keep strong muscle and body, the consumption of supplement products is necessary and many experts recommends that high protein containing supplement products helps to keep lean muscle after intensive training and work out session. Such a trend has resulted in increasing application of rice protein across dietary supplement industry, the market share of which holds highest percentage in terms of application of rice protein across various segments of the industry.

Key Deliverables
  • 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
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AIDP Inc.
  • Axiom Foods Inc.
  • Beneo-Palatinit GmbH
  • North Coast Naturals
  • Nutribiotic
  • Nutrition Resource Inc.
  • MORE
1. Introduction
1.1 Research Methodology
1.2 Scope of the Study
1.3 Assumptions

2. Summary
2.1 Market Summary By Type
2.2 Market Summary By Application
2.3 Business Trends Summary

3. Industry Dynamics
3.1 Drivers
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 Restraints
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 Opportunities
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
4.1.4. Others
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
4.3.1 Food
4.3.1.3 Infant Formula
4.3.1.2 Confectionary
4.3.1.3 Bakery
4.3.1.4 Snacks
4.3.1.5 Dairy Products
4.3.1.6 Meat Products
4.3.1.7 Others
4.3.2 Beverages
4.3.3 Dietary Supplements
4.3.4 Animal Feed
4.3.5 Others

5. Competitive Analysis
5.1 Market Share Analysis
5.2 Growth Strategies of leading players
5.3 Investment and Development Prospects
5.3.1 Investment in past five years
5.3.2 Investment Opportunities
5.4 Competition Pattern
5.4.1 Concentration Ratio
5.4.2 Industry Competition
5.5 Price Trend Analysis
5.5.1 Product Classifications and Their Prices
5.5.2 Factors Influencing Prices

6. Company Profiles
6.1 AIDP Inc.
6.2 Axiom Foods Inc.
6.3 Beneo-Palatinit GmbH
6.4 Bioway (Xi'an) Organic Ingredients Co. Ltd.
6.5 Golden Grain Group Limited
6.6 Jiangxi Golden Agriculture Biotech Co. Ltd.
6.7 North Coast Naturals
6.8 Nutribiotic
6.9 Nutrition Resource Inc.
6.10 Pure Food Company LLC
6.11 Ribus Inc.
6.12 Ricebran Technologies
6.13 Shaanxi Fuheng (FH) Biotechnology Co. Ltd
6.14 Shafi Gluco-Chem (Pvt.) Ltd.
6.15 The Green Labs LLC
6.16 Top Health Ingredients Inc.
6.17 Z-Company
Note: Product cover images may vary from those shown
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  • 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
  • Nutribiotic
  • 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.
  • Z-Company
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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