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Global Oryzanol Market is expected to grow at a CAGR of 7.7% during the forecast period from 2019-2025
Global Oryzanol Market 2019, Global Oryzanol Market Growth , Global Oryzanol Market Trends and Analysis, Global Oryzanol Market
Oryzanol Market by Applications (Pharmaceuticals, Cosmetics, Nutraceuticals& Sport Supplements, Animal Feed),Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025.
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Leadersin the industry Oryza Oil & Fat Chemical, KangCareBioindustry, TSUNO, Henry Lamotte Oils, Okayasu, Delekang Food, JiningAnkang Pharmaceuticals,HonsonPharmatech Group,Xi'an Realin Biotechnology, Shanghai Freemen LLC, Chromadex Inc., and Sunrise Nutrachem Group Co. Ltdand Kangcarewhichare offering greater opportunities and major players are continuously focused on new product developments and venture capital investments to obtain market share.
The applications segment is segmented into pharmaceuticals, cosmetics, nutraceuticals& sports supplements and animal feed. The pharmaceuticals are dominating the market and valued around USD 570.62 Million in 2017. Growing health issue occurrences such as high cholesterol, hyperlipidemia, and hormonal changes during menopause have stimulated the oryzanol medicines consumption. Also, the absence of health side effects due to its natural substance makes the product least risky and beneficial to consume.
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Growth of sports supplements industry is estimated to drive the oryzanol market during the forecast period. Also, increasing demand of natural ingredients in cosmetics and rise in health consciousness among consumers owing to the high cholesterol level are another two important derivatives of growth. But lack of consumer knowledge is negatively impacting market growth. However, large scale production will result into more ingredient availability and high bargaining power from the customer side which is expected boost up the market in coming years.
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