Red yeast rice is used as both food and medicine. It is prepared by fermenting a type of yeast called Monascus purpureus over red rice. The red yeast rice mixture is mainly utilized as a medicinal product as it contains compound monacolin K that appear to lower the cholesterol levels.
The red yeast market is primarily driven due to its key application as a health product and food additives. The therapeutic application of red yeast rice is increasing its demand and contributing towards the market growth, as it contains monacolin K, which is the main substitute for the cholesterol-lowering drug lovastatin. Also, the demand for red yeast rice market is increasing more in some specific region where it is being used as food additives.
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The red yeast rice market is divided into seven regions: North America, Europe, Latin America, Asia Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). China is the most prominent region for the red yeast rice market as it also used as a food additive in this country, followed by the U.S. The number of the consumers in Asia region is more as compared to the other regions. The demand for red yeast market is also increasing in North America regions as well. The other regions including the Latin America, Europe, Middle East and Africa show significant growth in the market for red yeast rice.
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- Market Segments
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Keyword Market: Segmentation
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Detailed analysis on the geographical region and country wise insights are offered in the latest keyword market report with established market players as well as incumbents in the region.
Red Yeast Rice Market- Key Segments
On the basis of application type, red yeast rice market is segmented into:
- Herbal Supplement
- Dietary supplement
- Functional food
According to the types, red yeast rice market is segmented as:
- Capsule & tablet
- Powder extract
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On the basis of sales channel, red yeast rice market is segmented as:
- Specialty store
- Pharmaceutical stores
- E-commerce websites
- Other retail format
Red Yeast Rice Market- Key Manufacturers
The red yeast rice is usually sold through third-party online channels. Some of the key players of red yeast rice market includes, Sundown Naturals, Qingdao BNP Co. Ltd., Puritans Pride, Zhejiang Sanhe Bio-tech Co Ltd., Now Health Group Inc., Zenith Food Solutions Private Limited., Solgar Inc., Jarrow Formulas, Weider Global Nutrition, Wakunaga Pharmaceutical Co. Ltd., Setu Counter Cholestral, BioScience Nutrition, Nutraceutical Corporation and many others
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