Oryzenin Market revenues are predicted to reach US$ 116.48 billion in 2023. Approximately US$ 257.3 billion will be generated by the oryzenin market by 2033. A CAGR of 8.2% is expected for the oryzenin market during the forecast period.
“Oryzenin Market: North America to Dominate the Global Oryzenin Market in Terms of Revenue: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022).” According to the report, oryzenin is a much better alternative as compared to barley, wheat, and rye as it does not lead to any kind of allergies or disorders such as the celiac disease and this is a key factor boosting its demand worldwide.
Consumers seeking lactose free and gluten free source of protein are extensively demanding oryzenin, as it is safe and does not cause any disorders relating to digestion. As per FMI, the global oryzenin market will reach an evaluation of US$12 mn by 2022, expanding it robust CAGR of 7.3% between 2017 and 2022
Discover the quality of our exclusive report sample
https://www.futuremarketinsights.com/reports/sample/rep-gb-4906
The rising prevalence of gastrointestinal illnesses, such as celiac disease and irritable bowel syndrome, is also predicted to boost the oryzenin industry. As the need for rice protein increases due to its functional characteristics, so will the demand for oryzenin. This is because oryzenin is a kind of glutelin contained in rice seeds. Other factors influencing the growth of this market include the low cost of generating rice proteins, high protein content, and excellent gelling qualities.
On the basis of geography, the global oryzenin market is segmented into Asia Pacific, Europe, North America, and the Rest of the World. Of these, it is estimated that North America will emerge as the most lucrative regional market for oryzenin and expand at a healthy CAGR of 9% between 2017 and 2022. By product type, it is estimated that the isolate segment will lead in the market and expand at a healthy 8.3% CAGR from 2017 to 2022. This segment is also estimated to gain the highest BPS by the end of the forecast period. The report also states that the concentrates segment will exhibit high growth potential in the years to come and exhibit a remarkable CAGR throughout the forecast period.
All these aforementioned factors are the reasons behind the extensive use of oryzenin in the food and beverage industry. The increasing health awareness, use as an enhancer for boosting nutritional value in food products, and growing use in sports nutrition will spur the growth of this market worldwide.
On the basis of form, the dry segment is witnessing high growth rate exhibiting an 8.8% CAGR from 2017 to 2022. The drive segment is estimated to gain the highest VPS by the end of the forecast period. On the other hand, the liquid segment holds high share in the market as compared to the dry segment and this trend is estimated to continue for the rest of the office period.
On the basis of application, the bakery and confectionery segment has witnessed the highest growth rate for oryzenin, closely followed by the sports and nutrition segment. The sports and nutrition segment is estimated to gain high BPS in the years to come. In fact the sports and nutrition segment is not only leading currently but is estimated to continue to do so in terms of revenue through 2022.
Drive Your Growth Strategy: Purchase the Report for Key Insights! https://www.futuremarketinsights.com/reports/sample/rep-gb-4906
The report profiles leading players within the global oryzenin market for the purpose of study. These players are:
- Kerry Group PLC
- Aidp Inc.
- Shenzhen Beike Biotechnology Co. Ltd.
- BENEO GmbH
- Axiom Foods, Inc.
- Ribus, Inc.
- Golden Grain Group Limited
- Rice bran Technologies, Inc.
- Bioway (Xi’An) Organic Ingredients Co., Ltd. and The Green Labs LLC.
Segmentation Analysis of the Oryzenin Market
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:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
