The Rice Protein Market Remains Undersupplie The Future Industry Development Space Is Huge
Rice protein is the general term for protein from rice. Compared with wheat and corn protein, rice protein has the characteristics of low allergy and easy digestion, and is recognized as high quality dietary protein. In recent years, with the further deepening of consumers' cognition of the function of rice protein, the market demand for rice protein has a huge growth space
Rice protein is mainly composed of albumin, globulin, gliadin and glutenin, which has high nutritional value. From the perspective of application, rice protein is widely used in the production and development of various infant food because it contains high-quality lysine, which can fully meet the amino acid needs of 2-5 years old children. In addition, rice protein can also be processed into soy sauce, high protein powder, protein drinks, peptone and protein foam powder and other products, in health drinks, condiments, food additives and other fields has a large application demand.
As one of the main food crops in China, the planting area of rice in China is always at a high level, maintaining more than 30 million hectares. However, in recent years, due to the continuous decline of domestic rice market price, the gradual rise of planting cost, coupled with the change of traditional agricultural structure and other factors, the domestic rice planting area decreased year by year, and then led to the decrease of rice output year by year. According to data released by the National Bureau of Statistics, China's rice output dropped to 97.844 million tons in 2018. But it rose to 107,871 million tons in 2019, up nearly 10 percentage points from the previous year. But in 2020, due to the impact of the epidemic, China's rice production in the first half of the year decreased by 1.4% compared with the same period. Since rice protein is extracted from broken rice in rice processing, its market supply is closely related to domestic rice output.
According to the "2020-2024 Rice protein Powder Industry Market Supply and demand Status and Industry Operating Indicators In-depth Investigation and Analysis Report" released by Siworld Industry Research Institute, in terms of market supply, in recent years, with the continuous improvement of residents' consumption level, as well as the gradual deepening of the nutritional and functional cognition of rice protein, Therefore, the market demand for rice protein is also expanded, thus driving the increase of its output. Therefore, under the background of sufficient domestic rice supply, China's rice protein production has increased to 44,000 tons in 2019, an increase of 15.6 percent compared with 2018. And in the future, with the continuous development of the market, China's rice protein output will continue to grow, is expected to reach about 97,000 tons in 2025.
According to industry analysts of New Thought, protein, as one of the seven essential nutrients for human body, is mainly divided into animal and plant sources. Among them, plant protein is becoming more and more important in dietary supplement and food processing, and rice protein is its subdivision. As a kind of dietary protein, rice protein has great demand in infant food, food additive and functional food due to its characteristics of high biotiter and low allergy. In the future, with the improvement of residents' living standards and the continuous pursuit of a healthy life, rice protein market has a broad space for development.
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