North America Organic Rice Protein Market

North America Organic Rice Protein Market Size, Share & Trends Analysis Report By Form (Dry, and Liquid), By Product (Isolates, Concentrates, and Others), By Application, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-20614 Publication Date: February-2024 Number of Pages: 90
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Market Report Description

The North America Organic Rice Protein Market would witness market growth of 16.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,945.7 Tonnes, showcasing a growth of 13.5% (2019-2022).

This protein has gained popularity in fitness and sports nutrition due to its rapid absorption and muscle-repairing properties. Athletes and fitness enthusiasts are incorporating this protein into their dietary routines, recognizing its benefits in supporting muscle development, recovery, and overall athletic performance. The clean label movement, characterized by a preference for transparent and minimally processed ingredients, has influenced the adoption of this protein.

This protein is a popular choice for formulating protein powders, catering to individuals seeking plant-based and allergen-free protein supplements. Its neutral taste and high protein content make this protein an ideal ingredient for protein bars, offering a convenient and nutritious on-the-go snack. This protein is used to fortify plant-based alternatives like rice, almond, and oat milk, enhancing their nutritional profiles.

Pet owners in Mexico are increasingly concerned about the quality of ingredients in pet food. This protein provides a natural and wholesome source of plant-based nutrition, meeting the demand for pet diets that mirror the emphasis on natural ingredients in human diets in Mexico. The emphasis on sustainability extends to pet food choices in Mexico. This protein aligns with eco-friendly practices, as it is derived from organic farming methods that prioritize environmental sustainability in Mexico. Like their counterparts globally, pet owners in Mexico are seeking transparency in pet food ingredients and production processes. The traceability of this protein from organic farms to pet food formulations enhances consumer trust, assuring the origin and quality of ingredients in Mexico. Hence, the factors mentioned above will drive the regional market growth.

The US market dominated the North America Organic Rice Protein Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $99,481.6 Thousands by 2030. The Canada market is experiencing a CAGR of 19.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 18.3% during (2023 - 2030).

Free Valuable Insights: The Organic Rice Protein Market is Predict to reach USD 391.5 Million by 2030, at a CAGR of 17.5%

Based on Form, the market is segmented into Dry, and Liquid. Based on Product, the market is segmented into Isolates, Concentrates, and Others. Based on Application, the market is segmented into Sports & Energy Nutrition, Bakery & Confectionery, Meat Analogs & Extenders, Dairy Alternatives, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

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List of Key Companies Profiled

  • Axiom Foods, Inc.
  • GlobalRidge LLC (NutriBiotic)
  • Golden Grain Group Limited
  • The Green Labs LLC
  • North Coast Naturals
  • Kerry Group plc
  • A.COSTANTINO & C. SPA
  • Südzucker AG
  • ETChem
  • The Scoular Company

North America Organic Rice Protein Market Report Segmentation

By Form (Volume, Tonnes, USD Million, 2019-2030)

  • Dry
  • Liquid

By Product (Volume, Tonnes, USD Million, 2019-2030)

  • Isolates
  • Concentrates
  • Others

By Application

  • Sports & Energy Nutrition
  • Bakery & Confectionery
  • Meat Analogs & Extenders
  • Dairy Alternatives
  • Others

By Country (Volume, Tonnes, USD Million, 2019-2030)

  • US
  • Canada
  • Mexico
  • Rest of North America
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