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Research Reports

The global red yeast rice market is set to witness growth at a CAGR of 8.6% through 2031, and be valued at over US$ 1.2 Bn.

Demand for healthy foods is increasing across the world, which is one of the key reasons for increased utilization of food-enriching products such as red yeast rice. Increasing millennial population and their work-centric lifestyles are converging to high demand for products that simply don’t just provide energy for carrying out daily activities but also aid in enhancing bodily functions.

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Red yeast rice has recently been introduced in the healthcare industry owing to its feature of being a top natural remedy for managing and/or controlling high cholesterol levels in the body. It contains constituents that are often found in prescription medicines and has the potential to positively impact a number of diseases. Further, due to its vibrant natural color, red yeast rice is also being used in cosmetic products on a large scale.

Driving demand for red yeast rice is driven the most for use in dietary supplements, and the global market is set to expand approx. 2.4X over the next ten years.

Key Takeaways from Market Study

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Competitive Landscape

Key manufacturers are emphasizing on offering products that suit evolving trends so as to keep ahead of their competitors. Moreover, players are obtaining quality certifications from various authentic and trusted certification providers to ensure a wide acceptability of their products.

Explore More Valuable Insights

Persistence Market Research, in its new report, offers an impartial analysis of the global red yeast rice market, presenting historical data (2016-2020) and estimation statistics for the forecast period of 2021-2031.

The study offers compelling insights on the basis of end use (food & beverages, cosmetic & personal care, retail/household, and dietary supplements) and distribution channel (business to business and business to consumers), across seven major regions of the world.

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