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Rice Protein Market: A Significant Volume CAGR Of 7.6% Through 2025
Rice protein is a natural, plant-based protein derived from organic rice. It is known to be hypoallergenic, vegan and easily digestible. The market for rice protein is expected to witness a significant volume CAGR of approximately 7.6% through 2025.
Drivers of Rice Protein Market Growth
Increased demand for plant-based ingredients, the growing trend of veganism and increasing health consciousness among the population are some of the major drivers of the growth of the rice protein market. In addition, the introduction of novel products with nutritional benefits has also contributed to market growth.
Regional Demand for Rice Protein
The Asia-Pacific region is expected to witness the highest growth in rice protein demand due to the large population and growing awareness about healthy nutrition. Europe is another key region in terms of growth, as the region is home to major rice producers. North America is also expected to show significant growth in the demand for plant-based proteins.
Rising Interest in Organic Rice Protein Supplements
Organic rice protein supplements are gaining popularity due to the increasing awareness about the health benefits associated with organic products. These supplements provide high nutritional value and are free from additives. They also contain essential amino acids, which make them a perfect choice for athletes and bodybuilders.
Summary
The market for rice protein is expected to witness a significant volume CAGR of approximately 7.6% through 2025. Increased demand for plant-based ingredients, the growing trend of veganism, and increasing health consciousness among the population are some of the major drivers of the growth of the rice protein market. Organic rice protein supplements are gaining popularity due to the increasing awareness about the health benefits associated with organic products.
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