Gamma Oryzanol Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions

"The Business Research Company recently released a comprehensive report on the Global Gamma Oryzanol Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, 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 growth in the historic period can be attributed to Increased consumer awareness about the health benefits of natural antioxidants, expanded dietary supplements industry, rising use of gamma oryzanol in pharmaceuticals for its cholesterol-lowering and anti-inflammatory properties, increased adoption in sports nutrition products, and growing application in cosmetics for its antioxidant properties and anti-aging benefits.

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%. The growth in the forecast period can be attributed to increasing preference for clean-label products, growing popularity of functional foods, aging global population, rising awareness and need for products that help prevent lifestyle-related chronic diseases, and increasing consumer and industry focus on sustainable and naturally sourced ingredients. Major trends in the forecast period include innovations in extraction and formulation technologies, growth in personalized nutrition, increased online retailing of health supplements, development of new product formats, such as powders, capsules, and beverages, incorporating gamma oryzanol, and innovations in sourcing gamma oryzanol from sustainable and eco-friendly processes.

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Market Drivers and Trends:

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.

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.

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Major Key Players of the Market:

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

Gamma Oryzanol Market 2024 Key Insights:

• 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%.
• Rising Demand For Natural And Functional Food Ingredients Drives Gamma Oryzanol Market Growth
• Innovative Gamma Oryzanol Products Focus On Health Benefits And Consumer Preferences
• Europe was the largest region in the gamma oryzanol market in 2023

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