Global oryzenin market is expected to register growth at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the rising demand of rice proteins as a functional food as it can be consumed by people with lactose, gluten and other allergies too. Besides, factors such as cost-effective production of rice proteins, growing preference for plant-based proteins coupled with the increasing demand of oryzenin as an additive, emulsifier and texturing foaming agent in beverages are expected to propel the growth of oryzenin during the forecast period. Moreover, high prevalence of coeliac diseases, including lactose- and gluten-intolerance and prevalent trend of veganism are also resulting in the growth of the global oryzenin market. Furthermore, significant growth in the food processing industry and emergence of naturopathy along with the rising demand for plant-based proteins in nutraceuticals and herbal supplements are positively impacting the growth of the global oryzenin market.
The global oryzenin market is segmented on the basis of type, function, application, and region. Based on the type, the market is divided into isolates, concentrates and others. The concentrates segment is expected to lead the market by 2027 as the production of concentrates is cost-efficient in comparison to isolates. Based on application, the market is divided into sports & energy nutrition, beverages, bakery & confectionery, meat analogs & extenders, dairy alternatives, and others. The sports & nutrition segment leads the market and is expected to maintain its position during the forecast period owing to the rising demand of rice proteins by athletes. Geographically, North America is expected to grow at the highest CAGR during the forecast period due to increasing adoption of healthy lifestyle, increasing consumption of protein and the growing trend of vegan lifestyle.
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Some of the leading players in the global oryzenin market are Axiom Foods, Inc., AIDP Inc., RiceBran Technologies, Kerry Group plc, BENEO GmbH, Ribus, Inc., Green Labs LLC, Golden Grain Group Limited, Shaanxi Fuheng (FH) Biotechnology Co., Ltd., Bioway (Xi’An) Organic Ingredients Co., Ltd., etc.
| Attribute | Details |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | · By Type · By Application · By Function |
| Region scope | Asia Pacific; Europe; North America; South America; Middle East & Africa |
| Country scope | China, India, Japan, South Korea, Australia, Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Canada, Mexico, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar |
| Key companies profiled | are Axiom Foods, Inc., AIDP Inc., RiceBran Technologies, Kerry Group plc, BENEO GmbH, Ribus, Inc., Green Labs LLC, Golden Grain Group Limited, Shaanxi Fuheng (FH) Biotechnology Co., Ltd., Bioway (Xi’An) Organic Ingredients Co., Ltd. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
