The oryzenin market is expected to reach US$ 116.48 billion in 2023 and US$ 257.32 billion in 2033. Between 2023 and 2033, the market is expected to register a CAGR of 8.2%. Due to its anti-allergenic and gluten-free status, oryzenin is a great protein for people with allergies or dietary restrictions. A variety of factors have caused oryzenin, a rice protein, to gain prominence in various markets.
Rice protein has also attracted attention due to a growing awareness of sustainable agriculture and the negative effects of conventional livestock farming on the environment. Planting rice generally reduces carbon emissions, which aligns with the eco-conscious consumer and business choices.
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Food manufacturers have benefited from oryzenin’s versatility, particularly in the development of meat alternatives and dairy alternatives. In order to create a wide range of plant-based products, the formulation can be easily altered to adapt to a wide range of needs. Additionally, oryzenin is becoming a popular protein source in the sports and fitness industry. Plant-based proteins are poised for sustained growth as oryzenin continues to gain traction in various sectors.
The immune-boosting properties of oryzenin have been cited as one of its potential benefits. Consuming enough protein, including oryzenin, may help support the immune system. Protein plays a crucial role in supporting immunity. Yeast proteins, such as oryzenin, are hypoallergenic and gluten-free, so it is gaining traction as a plant-based protein source. In addition to dairy alternatives, meat alternatives, and baked goods, oryzenin is used in a wide range of other food and beverage products. As these products become increasingly popular, their demand for oryzenin increases as well.
Sustainability is a major concern for consumers, so oryzenin sourcing and production methods will likely become more sustainable in the future. Peas and soy as well as oryzenin’s price competitiveness may affect its market acceptance. Its potential uses in skincare products and nutraceuticals have also been recognized by the pharmaceutical and cosmetics industries. Consumers are becoming more interested in products containing oryzenin due to ongoing research and development efforts to enhance their taste and texture. In the coming years, oryzenin’s market is expected to grow as these factors become more pronounced.
Key Takeaways from the Market Study
- FMI estimates that the isolates segment accounted for 30.2% of the market in 2022.
- A market share of 35.6% is expected for the bakery and confectionary segment during the forecast period.
- A 7.7% share of the market was held by the United Kingdom in 2022.
- The United States market for oryzenin was responsible for a 28.6% share in 2022.
- The oryzenin market in India accounted for a 9.5% CAGR in 2022.
“Natural protein sources and product innovation will drive demand for oryzenin. Plant-based diets and health and wellness awareness are expected to grow the market over the next few years,” opines Nandini Roy Choudhury, Client Partner at Future Market Insights. analyst.
Competitive Landscape
Due to the awareness of health and fitness and the availability of protein bars on the market, several market players are setting up manufacturing facilities in emerging economies. Increasing vegan diet demand along with rising middle-class income has fueled the growth of oryzenin consumption.
Market Developments
- Axiom Foods offers Oryzatein – patented, allergen-friendly protein developed from rice grains, with 80% and 90% protein contents. Soy protein and whey protein can both be substituted for it. A complementary amino acid to obtaining complete proteins is being floated these days, called Vegotein Pea Protein.
- Bioway (Xi’an) Organic Chemicals Co. Ltd. is a leading manufacturer of organic food/sports supplements, as well as an organic ingredient manufacturer and trader is one of the leading suppliers of oryzenin.
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the oryzenin market, the market is segmented on the basis of Product Type (Isolates, Concentrates, Others), Application (Sports & Energy Nutrition, Beverages, Bakery & Confectionery, Meat Analogs & Extenders, Dairy Alternatives) Function (Emulsifying, Texturizing, Gelling, Others) and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, Middle East, and Africa).
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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 the Pacific
- East Asia
- Middle East and Africa
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