Oryzenin Market Share, Size, Trends, Industry Analysis Report, By Type (Isolates, Concentrates, Hydrolysates, and Others); By Form; By Function; By Application; By Region; Segment Forecast, 2023-2032

Oryzenin Market Share, Size, Trends, Industry Analysis Report, By Type (Isolates, Concentrates, Hydrolysates, and Others); By Form; By Function; By Application; By Region; Segment Forecast, 2023-2032

The global oryzenin market size is expected to reach USD 542.30 million by 2032, according to a new study by Polaris Market Research. The report “Oryzenin Market Share, Size, Trends, Industry Analysis Report, By Type (Isolates, Concentrates, Hydrolysates, and Others); By Form; By Function; By Application; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The vegan population has been vastly growing day by day in recent years. This has shifted the consumer's preference towards meat alternatives. As per the Good Food Institute, sales of plant-based foods increased three times faster than overall sales in 2021. An increasing number of people are seeking to decrease their meat consumption, and more people are seeking to avoid animal-based foods with vegan food, which is attributed to the growth of meat alternatives such as oryzalin as it can be used as a meat alternative in dishes such as burgers, meatballs, and sausages, as well as in other recipes that traditionally call for meat. This factor is boosting the growth of the global market.

The rising prevalence of lactose intolerance over the last ten years will likely spur the market's growth. The study anticipated that around 68 percent of the world's population has lactose malabsorption, allowing easy use of Oryzenin absorption. Additionally, the trend among customers has been to exclusively consume healthy products produced without using animals. This is enhancing global revenue with a significant growth rate.

Consumers are increasingly interested in products that offer health benefits, such as high protein, low fat, and allergen-free options. Oryzenin satisfies these requirements, making it an attractive option for health-conscious consumers. According to research from the University of Westminster, plant-based protein beverages may be better than whey protein shakes made with milk. In the study, participants blood metabolic responses were assessed after consuming potato, rice, and a whey protein shake. It was discovered that rice protein resulted in generally reduced insulin levels, making it a preferred ingredient for the sports and nutrition sector.

Oryzenin Market Report Highlights

Dry form segment is accounted for largest share in the global market. This is due to growing adoption of dry oryzenin across various application particularly in sports and nutrition industry

Concentrates segment held largest share in the global market due to large adoption of this segment because of cost effectiveness compare to other types

Sports and energy nutrition application is accounting largest share in the global market during forecast period. This is due to benefits of oryzenin in sports industry such as increasing lean body mass skeletal muscle hypertrophy, strength, and power

Texturing function is dominating the global market because it is a key factor in creating plant-based products with meat-like textures and sensory properties

North America held the largest share as of 2022 due to huge consumption of oryzenin products across various applications in the region

Global players include Ribus, Rice Bran Technologies, Bioway (Xi'An) Organic Ingredients, Axiom Foods, Green Labs, BENEO, Golden Grain, AIDP Inc, Kerry Group and Beike Biotechnology.

Polaris Market Research has segmented the Oryzenin market report based on type, form, function, application, and region:

Oryzenin, Type Outlook (Revenue - USD Million, 2019-2032)

Isolates

Concentrates

Hydrolysates

Others

Oryzenin, By Form Outlook (Revenue - USD Million, 2019-2032)

Dry

Liquid

Oryzenin, By Function Outlook (Revenue - USD Million, 2019-2032)

Emulsifying

Texturizing

Gelling

Foaming

Others

Oryzenin, By Application Outlook (Revenue - USD Million, 2019-2032)

Food and Beverages

Sports and Energy Nutrition

Bakery and Confectionary

Milk Alternatives

Others

Oryzenin, Regional Outlook (Revenue - USD Million, 2019-2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa