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Gamma Oryzanol Market Growth 2024-2033 | Size, Share, Insights, Demand, Outlook
Gamma Oryzanol Market
As per the report, the gamma oryzanol market size has grown strongly in recent years. It will grow from $1.66 billion in 2023 to $1.77 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The gamma oryzanol market size is expected to see strong growth in the next few years. It will grow to $2.32 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%.
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Rising Demand For Natural And Functional Food Ingredients Drives Gamma Oryzanol Market Growth
The growing demand for natural and functional food ingredients is expected to propel the growth of the gamma oryzanol market going forward. Natural and functional food ingredients refer to components derived from natural sources that provide additional health benefits beyond essential nutrition. The demand for natural and functional food ingredients is due to growing consumer awareness about health and wellness, a rise in lifestyle-related diseases, and a preference for clean-label and nutrient-rich products. Natural and functional food ingredients, such as gamma oryzanol, enhance food products' nutritional profile and health benefits while addressing consumer preferences for clean-label options, supporting cardiovascular health, and providing antioxidant protection. For instance, in February 2022, according to a report published by Agriculture and Agri-Food Canada, a Canada-based government agency, the retail sales value of the health and wellness food and beverage sector in the United States increased to $191.9 billion in 2021, compared to $191.7 billion in 2020. Further, fortified or functional foods and beverages are expected to grow by 15.3%, and the health and wellness category is projected to reach $218.1 billion in 2025, reflecting a 13.8% increase compared to 2021. Therefore, a growing demand for natural and functional food ingredients drives the gamma oryzanol market.
Innovative Gamma Oryzanol Products Focus On Health Benefits And Consumer Preferences
Major companies operating in the gamma oryzanol market focus on developing innovative products, such as vegetarian capsules, to provide an effective dosage of gamma oryzanol. Vegetarian capsules leverage natural antioxidants and aim to offer health-promoting benefits conveniently, addressing consumer preferences for clean-label and nutrient-rich options. For instance, in June 2021, Ricela Group, an India-based company that produces refined rice bran oil, launched Gamma Oryzanol as a vegetarian capsule. The product provides an effective dosage of 300 mg daily, with each capsule containing 150 mg of Gamma Oryzanol. The initiative aims to leverage the health benefits of Gamma Oryzanol, which is known to help prevent lifestyle diseases, support muscle strength, and serve as an antioxidant, among other uses.
The gamma oryzanol market covered in this report is segmented -
1) By Component: 24-Methylene Cycloartanyl Ferulate, Campesteryl Ferulate, Cycloartenyl Ferulate
2) By Application: Sports Supplements, Cosmetics, Animal Feed, Pharmaceuticals
3) By Distribution Channel: Online, Offline
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Major companies operating in the gamma oryzanol market are Merck KGaA, Fujifilm Corporation, Swanson Health Products Inc., ChromaDex Inc., Tokyo Chemical Industry Co. Ltd., Jedwards International Inc., Shanghai Freemen LLC, Green Stone Swiss Co. Ltd, Henry Lamotte Oils GmbH, Sunrise Nutrachem Group Co. Ltd., NutriScience Innovations LLC, Xi'an Realin Biotechnology Co. Ltd., Ricela Group, Kangcare Bioindustry Co. Ltd., Honson Pharmatech Group, TSUNO Group, Jining Ankang Pharmaceutical Co. Ltd., Source Naturals Inc., Puyer Group Ltd., Otto Chemie Pvt. Ltd., Oryza Oil And Fat Chemical Co. Ltd., Fengchen Group Co. Ltd., Suzhou Greenway Biotech Co. Ltd
Contents of the report:
1. Executive Summary
2. Gamma Oryzanol Market Report Structure
3. Gamma Oryzanol Market Trends And Strategies
4. Gamma Oryzanol Market - Macro Economic Scenario
5. Gamma Oryzanol Market Size And Growth
…..
27. Gamma Oryzanol Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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