Market Size of Asia-Pacific Rice Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.68 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Rice Protein Market Analysis
The Asia-Pacific rice protein market is expected to register a CAGR of 7.68%, during the forecast period, 2020-2025. Most of the major companies operating in this segment are approaching processed food manufacturers in order to encourage them to blend rice protein in a variety of products.
Countries, such as South Korea, Japan, and Hong Kong are expected to show a decline in rice consumption, owing to dietary changes, thereby, focusing more on the derivatives side, which can be utilized across processed food products as an ingredient.
The rice protein isolate segment is expected to account for the highest share during the forecast period.
