Oryzenin Market Research Report 2024: Shift Toward Plant-Based Diets Positions Oryzenin as a Key Protein Alternative - Global Forecasts to 2030 - ResearchAndMarkets.com

The "Oryzenin Market - Product Types, Forms and Applications" report has been added to ResearchAndMarkets.com's offering.

The global market for Oryzenin is poised to post a very strong CAGR of 13.5% during the 2024-2030 analysis period and reach a projected US$573.6 million by 2030 from an estimated US$268 million in 2024.

This global report on Oryzenin analyzes the market based on product type, form and application. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of how and where the market is progressing.

The worldwide Oryzenin demand is poised to post a robust growth over the analysis period owing to several reasons, including increasing acceptance for plant-based products as substitutes for dairy & meat, growing popularity among sports nutrition applications, potential health benefits due to hypoallergenic qualities, increase in the vegan & vegetarian population, clean-label products and adoption of nanotechnology for innovations in food applications.

North America represents the largest market for Oryzenin, owing to a significant increase in the preference of plant-based proteins as compared to animal-based protein products. Due to a change in preferences of people's choices, a large number of manufacturers are entering into this market and R&D experts are also active with their initiatives under government incentives.

However, Asia-Pacific is anticipated to witness the fastest growth for Oryzenin in the analysis period of 2024-2030. A large number of manufacturing houses are being set-up in countries, such as India and China due to extremely low cost of production, growing number of people with low lactose intolerance, encouragement for plant-based protein production and presence of good number of players.

Oryzenin Market Analysis by Product Type

Based on product type, Concentrates account for the largest share in the global Oryzenin market due to their cost-effectiveness, highly purified rice protein form, rich source of amino acids and an acceptable component for protein in food products. In addition, concentrated oryzenin is an organic, non-GMO and feasible protein source that conforms to the clean label drive in the food industry. However, Oryzenin Isolates are anticipated to be the fastest growing type from the 2024-2030 period, owing to their concentration and purity that has attracted food manufacturers for optimum usage. Several products, such as protein powder, snacks, meat replacements, dairy alternatives and baked goods are all made using Oryzenin Isolates.

Oryzenin Market Analysis by Form

On the basis of form, Dry is largest as well as fastest growing segment in the global Oryzenin market during the analysis period. The key reasons include its usage in various applications such as sports & nutrition, easy & comfortable transportation of dry form and increasing number of people consuming plant based protein as a healthy option in this form.

Oryzenin Market Analysis by Application

Apart from being the largest, Food & Beverages is also expected to be the fastest growing application for Oryzenin worldwide. The major factors for the same include that the ingredient's use in food items can prevent sarcopenia, a musculoskeletal disease in which muscle mass, strength and performance are compromised significantly with growing age. Also, including Oryzenin in foods & beverages has been found to help a section of people suffering from Irritable bowel syndrome (IBS). Sports & Energy Nutrition is another fast growing application for Oryzenin, with the product's use in Meat Analogs & Extenders likely to record the slowest growth.

Key Attributes:

Key Global Players

• AIDP, Inc.
• Axiom Foods, Inc.
• Beneo GmbH (SuDzucker AG)
• Bioway (Xi'an) Organic Ingredients Co Ltd
• Golden Grain Group Limited
• Greenway Organics
• Haotian Bio-tech Co Ltd
• Kerry Group PLC
• Nutra Food Ingredients
• Oriza Green Ingredients Pvt. Ltd.
• Oryza Labs, Inc.
• Oryza Protein Technologies Pvt. Ltd.
• Ribus, Inc.
• RiceBran Technologies, Inc.
• Rice Protein Corp
• Shaanxi Fuheng (FH) Biotechnology Co. Ltd
• Shenzhen Beike Biotechnology Co. Ltd
• Taiyo International
• The Green Labs LLC
• WFM Brown LLC
• Zedira GmbH

Key Metrics

• Historical Period: 2021-2023
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value market in US$
• Companies Mentioned: 20+

Oryzenin Market by Geographic Region

• North America (The United States, Canada and Mexico)
• Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
• South America (Argentina, Brazil and Rest of South America)
• Rest of World (Middle East & Africa)

Oryzenin Market by Type

• Concentrates
• Hydrolysates
• Isolates

Oryzenin Market by Form

• Dry
• Liquid

Oryzenin Market by Application

• Bakery & Confectionery
• Dairy Alternatives
• Food & Beverages
• Meat Analogs & Extenders
• Sports & Energy Nutrition

For more information about this report visit https://www.researchandmarkets.com/r/bnapgd

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241125163536/en/