Rice protein is a vegan protein that is sourced from both white and brown rice and is treated to enhance flavour and toughness. Since protein intake is essential for a healthy body and an active lifestyle, consumers are chasing it. Rice protein is a great source of gluten-free protein that is mostly produced from white and brown rice. By processing rice with certain enzymes to separate the protein and carbohydrates, rice protein may be produced. Rice protein has a wide range of uses and is regarded as one of the most well-known plant protein types due to its low fat and carbohydrate content.
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North America is projected to have the highest CAGR over the forecast period, owing to customers transitioning to vegan diets more often in North America as a result of the rising need for protein supplements and sensitivity to animal proteins, which is boosting the rice protein market. Americans’ growing understanding of the damaging effects of eating an animal-based diet on the environment is to blame for the rising popularity of veganism. The COVID-19 pandemic epidemic, which changed people’s eating habits such they preferred consuming protein in fortified and functional items to boost their nutritional intake, is what caused the expansion.
Some of the key players profiled in the Rice Protein Market include A. Costantino & C. spa, AIDP, Inc., Axiom Foods Inc. , Bioway, ETChem, Golden Grain Group Limited, Green Source Organics, Jiangxi Golden Agriculture Biotech, Kerry Group plc, North Coast Naturals, Nutrition Resource, Organic Ingredients Co.,Ltd, RiceBran Technologies, Shaanxi Fuheng, Shafi Gluco Chem, Südzucker AG, The Green Labs and The Scoular Company.
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In June 2023, Kerry, a global leader in taste and nutrition, introduced Biobake™ EgR, an innovative enzyme solution that decreases the number of eggs needed in a wide variety of baking applications, enabling European manufacturers to make the switch from caged to free-range or organic eggs without facing increased costs.
In June 2023, Kerry, has announced the launch of its next generation Tastesense™ Advanced range of solutions, aimed at transforming the low and zero-sugar product market with an exceptional ability to deliver unparalleled sweetness and full-bodied mouthfeel, as well as sustainability benefits.
In June 2022, RiceBran Technologies Expands Mermentau, LA Facility to meet increasing demand from the rapidly growing companion animal market, the expansion is expected to increase capacity of the facility’s SRB stabilizing capabilities, enabling RiceBran to meet growing demand for North American-sourced ingredients for the companion animal market.
What our report offers:
– Market share assessments for the regional and country-level segments
– Strategic recommendations for the new entrants
– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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