According to a market report by Lucintel, the future of the oryzenin market looks promising with opportunities in the dairy alternatives, beverages, bakery and confectionery, sport and energy nutrition and meat. The oryzenin market is expected to grow with a CAGR of 14% from 2019 to 2024. The major growth drivers for this market are increasing demand for rice protein due to its functional properties, cost-effective production of plant protein, growing health consciousness of consumers, and increase in applications of rice protein.
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Oryzenin is a storage protein found in the seeds of rice. In this market, isolates and concentrates are the major type of oryzenin. Concentrate is the largest segment.
Within the oryzenin market, emulsifying, texturizing, gelling, and foaming are the major functions.
North America will remain the largest market over the forecast period due to rise in demand for processed food and beverage products and various nutraceutical products.
Axiom Foods, AIDP, Ricebran Technologies, Beneo, Kerry Group, Ribus, The Green Labs, Golden Grain Group, Shaanxi Fuheng (FH) Biotechnology, and Bioway (XI'an) Organic Ingredients are among the major manufacturers in the oryzenin market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the oryzenin market by product, application, form, function, and region. Lucintel has prepared a comprehensive research report titled "Oryzenin Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the oryzenin market by product, application, form, function, and region as follows:
By Product [$M shipment analysis for 2013 – 2024]:
Isolates
Concentrates
Others
By Application [$M shipment analysis for 2013 – 2024]:
Sports & Energy Nutrition
Beverages
Dairy Alternatives
Bakery & Confectionery
Meat Analogs & Extenders
Other
By Form [$M shipment analysis for 2013 – 2024]:
By Function [$M shipment analysis for 2013 – 2024]:
Emulsifying
Texturizing
Gelling
Foaming
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/oryzenin-market.aspx or helpdesk@lucintel.com.
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