The European rice protein market is projected to grow at a CAGR of 6.0% during the forecast period. The key factors that drive the growth of the market include the rising use of rice protein in a wide range of end-use applications. This has encouraged the major manufacturers operating in the region to enhance the manufacturing of supplements having a sole focus on the region and sourcing alt-protein that aids in improving and enhancing the existing product portfolio.
Besides, the inclination of the consumers towards vegan diets and the functional efficiency offered by plant protein products is also supporting the growth of the European rice protein market. Cost competitiveness and the increasing utilization of rice protein in a wide variety of processed foods, especially in the ready-to-eat products category also upsurge the demand over the forecast period.
The European rice protein market is segmented on the basis of form and end-use applications. Based on the form, the market is segmented into isolates, concentrates, and hydrolysates. The isolates segment is estimated to hold a significant share in the market owing to the fact that these have high protein content, which is one of the major factors for its popularity and increasing adoption among consumers. Based on the end-use application, the market is segmented into food & beverage, animal feeds, pharmaceuticals, and cosmetics. The food & beverage segment is estimated to hold a prominent share in the market.
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European Rice Protein Market Segmentation
By Form
- Isolates
- Concentrates
- Hydrolysates
By End-Use Application
- Food & Beverage
- Animal Feeds
- Pharmaceutical
- Cosmetics
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Regional Analysis
- UK
- Germany
- France
- Italy
- Spain
Rest of Europe
Company Profiles
- All Organic Treasures GmbH
- ALPAVIT
- Axiom Foods Inc.
- Eurodona Food Ingredients GmbH
- IronMaxx
- Kerry Group Plc
- Louis Dreyfus Co.
- Prinova Group LLC
- Südzucker AG (BENEO GmbH)
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