Market Size of South America Rice Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.20 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
South America Rice Protein Market Analysis
The South American rice protein market is expected to register a CAGR of 4.2%, during the forecast period, 2020 to 2025.
- Consumers have been observed to avoid animal protein-based products to refrain from residues of antibiotics and hormones found in meat, which has led them to opt for alternative protein sources like rice protein. For the food industry, rice proteins are usually isolated from sources such as regular rice flours or rice bran.
- Rice protein has gained popularity in South America and is being utilized in combination with pea protein, which formulates a complete protein profile with health benefits including tissue rebuilding and recovery of muscles. The market is further fueled by increasing awareness among consumers about the dietary supplements products with rice protein being used as one of the major ingredients.
