Rice Protein Industry - Regional Synopsis
North America industry is likely to account for largest revenue share by 2037, owing to presence of notable yielders, and rising requirement of energy nutrition and dietary supplements among individuals in the region., owing to presence of notable yielders, and rising requirement of energy nutrition and dietary supplements among individuals in the region. Additionally, the rice protein market in Asia-Pacific is also foreseen to observe high growth, owing to the intensifying demand for functional and fortified food products. According to the Foreign Agricultural Service (FAS) of the USDA, in the year 2019, the health-related food market in Japan recorded a value of USD 13.3 billion, making it the third-largest health-related food market in the world. Growing usage of plant protein flavor enhancers, and other similar products is another vital factor anticipated to expand the rice protein market in this region.
