Asia Pacific Organic Rice Protein Market Analysis (2018-2024)
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The Asia Pacific Organic Rice Protein Market would witness market growth of 19.5% CAGR during the forecast period (2018 - 2024). Rice is a vital staple food which is widely consumed all over the world. Organic rice protein is derived from organically grown rice, and it contains high content of methionine and cystine. The organically grown rice is free from genetically modified organisms (GMO); therefore, the rice doesn't contain any kind of toxins and allergens.
Asia Pacific is not a region with protein trend yet; nevertheless, the region is fast catching pace. It is estimated that around 18g of protein is consumed per day by consumers by the way of packaged food and drinks. Regionally, there is a major imbalance in protein consumption process. The Western Europe consumers buy about 49g of protein, while in APAC it is only 9g. Therefore, the potential in the APAC region is significant where protein can be provided through packaged food and drinks Based on form, the market covers dry and liquid form of the rice protein.
Based on product, the market is segmented into Rice Protein Isolates, Rice Protein Concentrates, and Other Rice Protein. Based on application, the market is segmented into Sports & Energy Nutrition, Bakery & Confectionery, Meat Analogs & Extenders, Dairy Alternatives, and Other Applications. Various functions of organic rice protein covered in the report are Emulsifying, Foaming, Texturing, and Gelling.
Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Axiom Foods, Inc., Aidp, Inc., Ricebran Technologies, Shaanxi Fuheng (FH) Biotechnology Co., Ltd, Shafi Gluco Chem, Bioway (Xi'an) Organic Ingredients Co., Ltd., Golden Grain Group Limited, Ribus, Inc., The Green Labs LLc, and Top Health Ingredients Inc.