According to a report by Reports and Data, the global Nutribiotic rice protein Market is expected to reach USD 429.6 Million in 2030 with a revenue CAGR of 18.1% over the forecast period. The market growth is being driven by the increasing demand for organic rice-based protein and rising adoption of sustainable and nutritional diets among consumers.

The nutribiotic rice protein market is expected to experience rapid growth due to the implementation of advanced technologies and the rising innovations in new rice protein sources. The market growth is being driven by the increasing demand for protein from brown rice which is leading to rising innovations in new rice protein sources and rapid implementation of protein extraction technologies. The market is also being driven by the growing research initiatives to substitute animal protein with plant-based protein for sustainability with natural ingredients and quality nutrition.

However, the high cost of nutribiotic rice protein and concerns regarding low consumer awareness about the nutritional benefits of rice protein are some factors that are expected to hamper revenue growth of the market during the forecast period. Additionally, the lack of antioxidants, fibers, and minerals in rice protein products can lead to insufficient nutrition, which is expected to hamper market growth. Furthermore, consistently exceeding daily protein requirements can lead to major health problems, which is another factor expected to limit adoption of nutribiotic rice protein.

The report also includes some key highlights, such as Axiom Foods, Inc. enlisting Univar Solutions Inc. as one of the ingredient distributors for Axiom Foods plant-based protein products in the U.S. Rice protein isolates segment revenue is expected to grow at a significantly steady rate over the forecast period. Dry segment accounted for a larger revenue share in 2020. North America nutribiotic rice protein market accounted for a significantly large revenue share in 2020.

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Major Companies:

Nutrition Resources Inc., HealthWise, AIDP Inc., Golden Grain Group Ltd., Axiom Foods Inc., RiceBran Technologies, Shafi Gluco Chem Pvt. Ltd., Shaanxi Fuheng (FH) Biotechnology Co. Ltd., The Green Labs LLC, Top Health Ingredients Inc., and Bioway (Xi’an) Organic Ingredients Co. Ltd.

Driving Factors of Nutribiotic rice protein Market:

1. Increasing demand for organic rice-based protein.
2. Rising adoption of nutritional and sustainable diets among consumers.
3. Rapid implementation of advanced technologies and rising innovations in new rice protein sources.
4. Growing research initiatives to substitute animal protein with plant-based protein to provide sustainability with natural ingredients and quality nutrition.
5. Increasing demand for protein from brown rice leading to rising innovations in new rice protein sources and rapid implementation of protein extraction technologies.
6. Increasing innovation to develop new biotin and organic protein products by manufacturers.

Some of The Notable Innovations in Nutribiotic rice protein Market:

1. Rapid implementation of advanced technologies and rising innovations in new rice protein sources.
2. Increasing innovation to develop new biotin and organic protein products by manufacturers.
3. Growing research initiatives to substitute animal protein with plant-based protein to provide sustainability with natural ingredients and quality nutrition.
4. Various start-ups are coming up with the latest skin and hair protein supplements with nutribiotic rice protein, which is further increasing adoption of nutribiotic rice protein.
5. Increasing research and development initiatives by protein manufacturers for the development of new rice protein sources with a combination of bean protein to provide greater nutritional benefits.

To know more about the report @ https://www.reportsanddata.com/report-detail/organic-rice-protein-market

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