Oryzenin Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Oryzenin Market grew at a CAGR of 12.1% between 2017-2021 and is estimated to be US$ 171.5Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 10.5% and is expected to reach a valuation of US$ 465.5Mn by 2032 end.
Oryzenin is in high demand due to several variables, including the rising global desire for plant-based protein, the cost-effectiveness of Oryzenin, and the increasing demand for rice proteins as functional foods. However, it is projected that the growth of the oryzenin market will be constrained by a lack of public understanding of the drug’s advantages. Rice seeds contain a lot of Oryzenin, a type of protein or gluten. As Oryzenin doesn’t induce celiac disease, it is a far superior substitute.
For those who are intolerant to lactose, gluten, and other allergens and are searching for non-allergenic substitutes, Oryzenin is the ideal option. Irritable bowel syndrome and other gastrointestinal disorders are not brought on by Oryzenin in humans.
ChemView Consulting has analyzed that the last two and a half years have seen a tremendous market uptake of plant-based proteins. The main strategies used by the major market players included product development, strategic alignment, and marketing efforts. The tactics mentioned above have significantly increased the general public’s use of Oryzenin. The raw material, rice, has been strictly regulated, and its production hasn’t suffered considerably even during the pandemic, which has easily transferred into healthy adoption in product innovations. This is another crucial feature that has aided the ingredients.
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Due to the rise in the consumption of sports and energy drinks brought on by the trend of healthy living among consumers, sports and energy nutrition was the market leader. Because of its rich amino acid profile and branched-chain amino acids (BCAAs), which are crucial for muscle repair in athletes and bodybuilders, oryzenin is used in sports & energy nutrition.
Segments Covered in Report
By Product Type:
- Isolates
- Concentrates
- Other Type
By Application:
- Sports & Energy Nutrition
- Beverages
- Bakery & Confectionery
- Meat Analogs & Extenders
- Dairy Alternatives
By Function:
- Emulsifying
- Texturizing
- Gelling
- Others
By Form:
- Dry
- Liquid
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Oryzenin Market
- Based on the product type, due to the rise in the consumption of sports and energy drinks brought on by the trend of healthy living among consumers, sports and energy nutrition was the market leader. Because of its rich amino acid profile and branched-chain amino acids (BCAAs), which are crucial for muscle repair in athletes and bodybuilders, oryzenin is used in sports & energy nutrition.
- Based on the form, dry form commanded a substantial market share. The said form is so simple to utilize in many applications, particularly in the sports and nutrition sector. Additionally, compared to liquid form, there are fewer general transportation obstacles, which lessens the total burden on the raw material supply.
- Based on the region, due to a significant rise in the consumption of plant-based protein products relative to animal-based protein products, Europe maintained a commanding market share of 30.9%.
Competition Summary
Key companies covered in the market study are AIDP Inc., Axiom Foods Inc., BENEO GmbH (Südzucker AG), Bioway (Xi’an) Organic Ingredients Co. Ltd., Golden Grain Group Limited, Kerry Group Plc, Ribus Inc., RiceBran Technologies, Shaanxi Fuheng (FH) Biotechnology Co. Ltd, Green Labs
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impact market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
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