Global Hydrolyzed Rice Protein Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Hydrolyzed Rice Protein, a plant-based protein derived from brown rice, is known for its hypoallergenic properties, high nutritional value, and excellent compatibility with vegetarian and vegan diets. Its primary applications span across a multitude of industries, including food and beverage, cosmetics, pharmaceuticals, and animal feed. Recently, the increasing preference for natural and organic beauty products has propelled Hydrolyzed Rice Proteins usage in cosmetics, where its touted for its skin and hair nourishing properties.
Market Key Insights
- The Hydrolyzed Rice Protein market is projected to grow from $1.5 billion in 2024 to $3.3 billion in 2034. This represents a CAGR of 8.2%, reflecting rising demand across Nutrient-Rich Dietary Supplements, Alternative Protein Source in Animal Feed and Effective Cosmetics & Personal Care Products.
- The market leaders AIDP Inc., RiceBran Technologies and Kerry Inc. lead the market competition.
- U.S. and China are the top markets within the Hydrolyzed Rice Protein market and are expected to observe the growth CAGR of 6.0% to 8.6% between 2024 and 2030.
- Emerging markets including Vietnam, Malaysia and Brazil are expected to observe highest growth with CAGR ranging between 7.9% to 10.3%.
- The Clean Beauty market will experience a resurgence that will drive $300.0 million in additional growth for Hydrolyzed Rice Protein by 2030.
- The Hydrolyzed Rice Protein market is set to add $1.8 billion between 2024 and 2034, with manufacturer targeting Food & Beverages & Nutritional Supplements Application projected to gain a larger market share.
- With Surge in demand for plant-based protein, and Growing awareness about health and fitness, Hydrolyzed Rice Protein market to expand 120% between 2024 and 2034.
Opportunities in the Hydrolyzed Rice Protein
Collaborations and partnerships with key players in the end-use industries can accelerate the market reach of Hydrolyzed Rice Protein. Manufacturers can strategically partner with companies in the cosmetics, food & beverage, and pharmaceutical sectors to integrate Hydrolyzed Rice Protein in their product line.
Growth Opportunities in North America and Asia Pacific
North America Outlook
North America, with its cutting-edge skincare and health sectors, remains a crucial market for Hydrolyzed Rice Protein. This bioactive ingredients popularity is driven by the continuous pursuit of natural substances in pharmaceutical and cosmetic production. Moreover, surging trends of veganism and plant-based options further boost Hydrolyzed Rice Proteins relevance in North American food innovation. High-profile competitors operating in this region sustain an intense competitive scenario. Some key drivers include ease of incorporation into diverse manufacturing processes, effective allergen-free label credentials, and substantial R&D investments in specialized health products.
Asia Pacific Outlook
The Asia Pacific shows strong demand due to its burgeoning beauty, health, and wellness sectors. Hydrolyzed Rice Proteins versatility aligns well with market dynamics, emphasizing natural, allergen-free, and vegan-friendly products. Rising disposable income and evolving lifestyle choices in countries such as China, India, and Japan accentuate the uptake of Hydrolyzed Rice Protein-based products. The region offers multiple opportunities, despite robust competition from established players and local startups alike. Key growth drivers for Hydrolyzed Rice Protein in the Asia Pacific include consumer preference for clean label products, endorsement from local influencers, and the widespread acceptance of rice-based products, which play a major role in the regions consumer preference patterns.
Market Dynamics and Supply Chain
Driver: Surge in Demand for Plant-Based Protein, and Innovation in Cosmetic Industry
Greater emphasis on health and fitness around the globe has also led to increased consumption of dietary supplements. As hydrolyzed rice protein is also a critical ingredient in dietary supplements, its market sees an uptrend. The ingredient offers several health benefits such as improving metabolism, aiding in muscle recovery, and promoting hair and skin health, which makes it a popular choice in the wellness and fitness industry.
Restraint: Regulatory Compliance
Opportunity: Exploring Untapped Food & Beverage Industry and Technological Innovations in Product Extractions
Technological advancements in protein extraction and purification processes present a significant.With innovation, manufacturers can boost the efficacy of Hydrolyzed Rice Protein and broaden its application in various sectors such as cosmetics and personal care. Leveraging this technology can also enable cost-effective production, better scalability, and improved sustainability.
Challenge: High Cost of Production
Supply Chain Landscape
BASF
Ingredion Incorporated
Cargill
ADM
Axiom Foods
Shafi Gluco Chem
L'Oreal
Procter & Gamble
BASF
Ingredion Incorporated
Cargill
ADM
Axiom Foods
Shafi Gluco Chem
L'Oreal
Procter & Gamble
Applications of Hydrolyzed Rice Protein in Nutrient-Rich Dietary Supplements, Alternative Source in Animal Feed & Effective Cosmetics & Personal Care Products
Hydrolyzed Rice Protein is increasingly used in the production of dietary supplements due to its high nutritional value. Predominantly, the utilized is a functional, biologically active variety that undergoes specific processing for increased bioavailability. These compounds are celebrated for their ability to contribute essential amino acids that promote overall health. Well-established businesses such as Nutribiotic, Axiom Foods, and RiceBran Technologies confidently leverage this opportunity and are gaining a considerable market position due to their exemplary product range featuring Hydrolyzed Rice Protein.
In the realm of cosmetics and personal care, Hydrolyzed Rice Protein has found niche applications, predominantly with derivatives rich in peptides. Its exceptional moisturizing and skin-softening properties make it an ideal ingredient in skincare and hair care products. Market players like LOreal and Estee Lauder have successfully incorporated this versatile ingredient in their product lines, further adding to their market appeal and customer loyalty.
Industrial use of Hydrolyzed Rice Protein extends to the manufacture of animal feed as well. Rich in essential nutrients, this protein extract enhances the nutritional profile of livestock feed. The derivative mostly used in this application is the high-quality protein isolate, ensuring the optimal health of the animals.
Recent Developments
Cosmo Cereals launched a new line of health-centric products amplified with hydrolyzed rice protein
BioPharma Inc. initiated expansion of their production line to meet the growing global demand for hydrolyzed rice protein
Nutrifield ProNatura patented a unique extraction process for hydrolyzed rice protein which boosts its bioavailability.