Germany Rice Protein Market Size, Share, Opportunities, COVID-19 Impact, And Trends, By Source (Organic Rice Protein, Inorganic Rice Protein), By Product-Type (Protein Isolates, Protein Concentrates), By End-User Industry (Animal Feed, Cosmetics, Food & Beverage, Pharmaceutical, Others) And By Distribution Channel (Online, Offline) - Forecasts From 2022 To 2027

Published:  Sep 2022 Report Code: KSI061613208 Pages: 120

German rice protein market is projected to grow at a CAGR of 11.28% to reach US$20.019 million by 2027, from US$9.476 million in 2020. Rice protein is one of the many plant-based proteins that are used in conjunction with other plant-based proteins like those derived from peas and soy. It finds its application in a variety of fields that are, inclusive but not limited to, health drinks and fitness supplements, bakery and confectionery products, as well as functional beverages. It also finds its application in cosmetics, pharmaceuticals, and animal feed. It is also a rich source of amino acids, Vitamin B and Vitamin E. Furthermore, it is hypoallergic in nature and is the natural preference of individuals who are allergic to bovine milk or are lactose intolerant. Moreover, the trend of gym subscriptions has been increasing on account of a growing focus on fitness and health. Therefore, the need to adopt dietary supplements as a part of their daily diets becomes a necessity. Rice proteins are accompanied by quite a few health benefits, like stabilizing blood sugar levels. They also aid in the reduced absorption of high-carb meals. Due to the reduced greenhouse gas emissions, rice protein is also an environmentally friendly alternative to proteins that are obtained from other sources.

From the perspective of the environment, the estimated global variation pertaining to 1 litre of milk production with regards to greenhouse-gas (GHG) emissions is between 2 and 4 kgs of carbon dioxide equivalents (CO2eq). With regards to terrestrial acidification, 1 litre of milk production amounts to more than 30 grammes of sulphur dioxide equivalents (g SO2eq) and leads to eutrophication to the tune of 20 grammes of phosphate (g SO2eq). Besides the health concerns, consumers today are aware of the environmental impact of dairy products and are proactively adopting plant-based alternatives to milk like soy milk. Along with actively communicating environmental credentials, market participants are increasingly involved in the plant-based foods sector, which includes rice-based protein.  Nevertheless, there are also a plethora of other proteins derived from plants, which will increase the plant-based protein markets and allow more room for players in this segment to bring about innovation as far as the applications of plant-based proteins are concerned This will be somewhat of a restraining factor for the growth of the rice protein market.

The foremost factor that is going to drive the market for the rice protein market in Germany is the increasing vegan consumption pattern among the people of the present day. Recently, the vegan population in Germany has increased and is emerging as a more recognizable group of people than a fringe group. The number of people identified as either complete or nearly completely vegetarians has increased by approximately 700 thousand individuals from 2014 to about 8 million individuals in 2019. Further, among the aforesaid, the percentage of vegans is 1 percent, which is about 814,000 individuals, according to a study by the Federal Ministry of Food and Agriculture. Additionally, 35 % of the population considers the availability of vegetarian or vegan products as “very important”, whereas 63 % of Germans are trying to reduce their meat consumption, transforming the country into the most vegetarian country in the world. Further, because of the increasing concern for animal welfare, the environment, and their health, most vegan consumers view veganism as a lifestyle choice and not a restriction. (Source: Foreign Agricultural Service of the United States Department of Agriculture)

The other kind of diet is that of flexitarianism, wherein consumers do not give up eating meat but make room for more vegan products. With the growing reach of social media, influencers are consistently propagating the expansion of this sort of consumption. Thus, plant-based protein is also bringing about a disruption in the traditional protein derived from meat and dairy. The current consumption trends are incentivizing various players to expand into this sector as well as start new operations in this segment. Furthermore, with the profitable performance of the pant-based alternatives, various players in the market are reexamining their core offerings to accommodate a new portfolio of products, that will give a thrust to the rice protein market in Germany during the forecast period.

Key Developments:

  • August 2021- A micellar casein isolate called MicelPureTM was introduced to the market by Arla Foods Ingredients. The novel micellar casein isolate has a flavour that is neutral, is low in lactose and fat, and contains at least 87 percent of the native protein. RTD beverages, high-protein beverages, and powder shakes are the main applications for it.
  • May 2021- The Norrköping biorefinery received an investment of SEK 800 million from Lantmannen's subsidiary Lantmännen Agroetanol. It is anticipated that it will improve Lantmännen's position in the market for food ingredients made from grains, particularly in the manufacturing of gluten. It is anticipated that the new production line would be completely operational by the second quarter of 2023.

Impact of COVID-19

The COVID-19 epidemic has severely impacted the market for rice protein in Germany. The supply chain was interrupted as a result of COVID-19's prolonged persistence. The production of rice protein was discontinued because it was difficult to supply the manufacturers with the necessary raw materials. End-users of rice protein, including those in the sports and energy nutrition, bakery and confectionery, beverages, and dairy substitute industries, anticipate a decline in the market during the COVID-19 pandemic because of the movement of restrictions, de-globalization, loss of income, restrictions on product import and export, restrictions in the supply of raw materials, among other factors. Each of these elements has had a detrimental effect on the market supply chain.

Market Segmentation

  • By Source
    • Organic rice protein
    • Inorganic rice protein
  • By Product-Type
    • Protein Isolates
    • Protein Concentrates
  • By End-Use Industry
    • Animal Feed
    • Cosmetics
    • Food & Beverages
    • Pharmaceutical
    • Others
  • By Distribution Channel
    • Online
    • Offline
1. Introduction
1.1. Market Overview
1.2. COVID-19 Impact
1.3. Market Definition
1.4. Market Segmentation

2.  Research Methodology
2.1.  Research Data
2.2.  Assumptions

3.  Executive Summary
3.1.  Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis

5. Germany Rice Protein Market Analysis, By Source 
5.1. Introduction
5.2. Organic
5.3. Inorganic

6. Germany Rice Protein Market Analysis, By Product Type
6.1.  Introduction
6.2. Isolates
6.3. Concentrates

7. Germany Rice Protein Market Analysis, By Application
7.1.  Introduction
7.2.  Animal Feed
7.3. Cosmetics
7.4. Food & Beverages
7.5. Pharmaceutical
7.6. Others

8. Germany Rice Protein Market Analysis, By Distribution Channel
8.1.  Introduction
8.2.  Online
8.3. Offline

9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2.  Emerging Players and Market Lucrativeness
9.3.  Mergers, Acquisitions, Agreements, and Collaborations
9.4.  Vendor Competitiveness Matrix

10. Company Profiles
10.1. Brenntag
10.2.  Bioway (Xi'An) Organic Ingredients Co.,Ltd
10.3.  BENEO-Palatinit GmbH
10.4. Euroduna Food Ingredients GmbH
10.5.  Erdschwalbe - Thomas Zimmermann

Brenntag

Bioway (Xi'An) Organic Ingredients Co.,Ltd

BENEO-Palatinit GmbH

Euroduna Food Ingredients GmbH

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