Global Oryzanol Market - Industry Trends and Forecast to 2029

Global Oryzanol Market - Industry Trends and Forecast to 2029
The two factors influencing market demand are the increasing demand for natural ingredients in cosmetics and the rise in health consciousness among consumers. Following the coronavirus outbreak, there is a surge in demand for such products.
Data Bridge Market Research analyses that the oryzanol market was valued at USD 3.15 billion in 2021 and is expected to reach the value of USD 6.72 billion by 2029, at a CAGR of 9.93% during the forecast period of 2022-2029.
Growing population awareness about the availability of essential substances is one of the major factors driving the growth of the global oryzanol market. The nutritional benefits of fruits and vegetables are improved by oryzanol, which boosts the global oryzanol market during the forecast period. The global oryzanol market will be driven by an increase in health-related issues such as diabetes, obesity, and heart disease as a result of healthy eating habits and high cholesterol levels.
• Growing application of oryzanol from the personal care and supplement industry
Many studies have shown that oryzanol can eliminate free radicals, which will increase its use in anti-aging creams and sunscreen lotions, as well as products for high cholesterol, hyperlipidaemia, and hormonal changes during menopause. It also helps to increase muscular strength, making it a popular ingredient in the food and beverage, pharmaceutical, nutraceutical, personal care, and cosmetic industries. Furthermore, because of their nutritional properties, professional athletes consume oryzanol supplements. These factors are expected to drive oryzanol demand in the coming years.
Opportunity
Consumers are more concerned about the food they eat in the aftermath of the COVID-19 pandemic. The increase in COVID-19 cases is expected to increase demand for natural and organic foods. Plant-based foods are popular among health-conscious consumers in developing nations. Due to rising global consumption, market participants from various countries have been working tirelessly to increase plant-based food production. Food and beverage manufacturers are taking a strategic approach to generate lucrative revenue opportunities. This low-calorie sweetener with a high fructose content is used by many health practitioners around the world.
Restraints
Lack of awareness among people in developing economies about the benefits of the product, as well as the easy availability of alternatives, will likely act as market restraints for the growth of oryzanol in the forecast period. Increasing competition from other manufacturers, as well as the fact that oryzanol is still in its infancy, will be the biggest and most pressing challenge to the market's growth.
This oryzanol market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the oryzanol market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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