Market Size of North America Rice Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.10 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Rice Protein Market Analysis
The North American rice protein market is projected to register a CAGR of 5.1%, during the forecast period of 2020-2025.
- The rice protein industry acts as a platform for waste utilization. Rice bran from the polishing process is gradually diverted for the production of value-added products, and protein is one of them. Rice protein isolates and concentrates are increasingly being produced from rice bran.
- The increasing incidences of intolerance for animal protein, coupled with the rising demand for alternative protein source products, have resulted in an inclination toward a vegan diet among consumers, which is boosting the rice protein market in the region.
