US Rice Protein Market Size, Share and Forecast 2020-2026
Posted by nabeel on December 2nd, 2020
The US rice protein market is anticipated to grow at a CAGR of 5.7% over the forecast period (2020-2026). The key factors that drive the growth of the market include a wide range of properties possessed by the rice protein and owing to this, increased adoption of these proteins among the consumers.
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Besides, the increased demand for beauty and personal care products along with the rising awareness regarding cruelty-free beauty products are further enhancing the adoption of rice protein in cosmetics and beauty care products. Moreover, increased emphasis on embracing natural substitutes including plant-based personal care products is in turn, driving the growth of the rice protein industry over the forecast period.
Besides, social media accounts and beauty blogs are also promoting the benefits of going chemical-free which has positively promoted the use of the vegan cosmetics market, which in turn has impacted positively towards the rice protein market growth. The health benefits possessed by the rice protein include rich in vitamin E, starch substances, ferulic acid, amino acids, and allantoin which plays a vital function in maintaining the good health of the body and skin. These proteins have also been widely used as an additive to foods, beverages, and cosmetics which beneficial for both skin and hair.
Further, rice is a mild material owing to which it can also be used by or sensitive or allergy-prone individuals. Hence, such benefits and properties possessed by the rice protein are likely to enhance the growth of the US rice protein market over the forecast period.
US Rice Protein Market – Segmentation
By End-Use Application
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Joined: November 26th, 2020
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