European Rice Protein Market to Signify Strong Growth by 2022-2028
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.
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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
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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