Global Oryzenin Market
The global Oryzenin market was valued at USD 88.1 million in 2016 and is projected to reach USD 291.0 million by 2025, growing at a CAGR of 14.2% from 2017 to 2025.
Oryzenin is a glutellin found in rice. The growing importance regarding consumption of plant based proteins is driving the demand for oryzenin. The proven health benefits from rice based proteins is expected to play a major role in driving demand for oryzenin over the forecast period.
1. Market Drivers
1.1 Increasing demand for rice proteins
1.2 Growing health consciousness among consumers
2. Market Restraints
2.1 Rice protein acceptance is still at nascent stage
2.2 Competition from other plant proteins
The global Oryzenin market is segmented on the type, application, function, and region.
1. By Type:
2. By Application:
2.1 Bakery and Confectionery
2.3 Sports and Energy Nutrition
2.4 Dairy Alternatives
2.5 Meat Analogues and Extenders
3. By Function:
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. Axiom Foods Inc.
2. AIDP Inc.
3. Beneo GmbH
4. Ricebran Technologies Inc.
5. The Green Labs Inc.
6. Bioway Organic Ingredients
7. Golden Grain Group
8. Ribus Inc.
9. Kerry Group PLC
10. Shaanxi Fuheng Biotechnology Co. Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Oryzenin market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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