Organic Rice Protein Market Analysis Report by Marketing Strategy, Promotions, New Product Launches and Emerging Trends by 2032
According to the research of Future Market Insights, the market for Organic Rice Protein is anticipated to expand at a CAGR of 4.1% over the forecasted time period. According to projections, the industry would be worth US$ 155.6 Mn by 2032, up from US$ 104.1 Mn in 2022. At the end of 2021, the Organic Rice Protein Market was valued at US$ 98.7 Mn.Organic rice protein is a healthy and nutritious alternative to other protein sources. It is low in fat and calories, and is a good source of fibre. Organic Rice Protein is also rich in vitamins and minerals, including iron, potassium, and magnesium. Organic rice protein is a complete protein, which means it contains all of the essential amino acids your body needs.
The growing popularity of plant-based proteins, as well as the health benefits associated with organic rice protein, are the major drivers of the organic rice protein market. Additionally, the rising demand for natural and healthy food ingredients is also fuelling market growth.Organic Rice Protein is one of the oldest and most popular plant-based proteins. It has a long history of use in Asia and is now gaining popularity in the Western world. Despite its ancient origins, the organic rice protein market is still in its infancy. The market was worth just over US$ 98.7 Mn in 2021 and is expected to grow to US$ 155.6 Mn by 2032, according to a report by Future Market Insights.
This growth is expected to continue in the future, as more and more people become aware of the benefits of Organic Rice Protein. The main drivers of this growth are expected to be the health-conscious consumer and the growing demand for plant-based proteins.
Will US and Canada continue to grow as the fastest market?
North America accounted for more than 50% of the global market in 2021, driven by growing demand for sports drinks in Canada and the US. During the forecast period, the market expansion is likely to be fuelled by the presence of several of these key manufacturers. High demand for natural food ingredients is expected to further drive the expansion of the Organic Rice Protein market.
US accounted for 32.7% market share with a market value of US$ 34.1 Mn in 2022.
Moreinfo@https://www.futuremarketinsights.com/reports/organic-rice-protein-market
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