Oryzenin Market - Segmented By Type 2018-2023

Overview

A glutelin kind located in seeds of rice, Oryzenin, is a higher alternative because it no longer causes any type of issues together with a celiac disorder. The growing incidences of celiac sicknesses have brought on the use of Oryzenin in several areas. There's an instantaneous correlation between the growth of the Oryzenin market and prevalence of gastrointestinal diseases and irritable bowel syndrome. Furthermore, the growing demand for rice proteins due to their functional properties has contributed the growth of the market.

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The Global Oryzenin market turned into worth USD 118.18 million in 2018 and is expected to develop at a CAGR of 14.4%, to attain USD 231.57 million by 2023.

Drivers and Restraints:

The major factors propelling the growth of market are increasing demand for proteins in sports and strength nutrition, developing health attention of clients and fee-effective manufacturing of Plant Proteins. Further to this excessive protein content material and gelling properties make Oryzenin a crucial aspect within the food & beverage enterprise. A large percentage of humans in the world have a gene for gluten intolerance, which creates an amazing possibility for other sources of gluten-free protein like rice protein.

However, the dearth of facts about the benefits of Oryzenin and availability of change protein assets and stringent government policies are hampering the growth of the market.

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Geographic Segmentation

Based on geography, the market is classified into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Europe leads the Oryzenin market due to the alternate in existence sorts of consumers and increase in intake of proteins. The Asia Pacific is expected to be the fastest developing phase due to the increasing emphasis on fitness and dietary meals.

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The major share holders of the market include Axiom Foods, Inc., AIDP Inc., RiceBran Technologies, Kerry Group plc, BENEO GmbH, Ribus, Inc., Green Labs LLC, Golden Grain Group Limited, Shaanxi Fuheng (FH) Biotechnology Co., Ltd., and Bioway (Xi’An) Organic Ingredients Co., Ltd.

Scope of the report

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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