Market Size of Oryzenin Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.05 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Oryzenin Market Analysis
The Oryzenin Market is projected to register a CAGR of 7.05% over the forecast period.
The oryzenin market is one of the emerging markets, with a rise in demand for oryzenin across various industries for its gluten-free properties and other such characteristics. The increased incidences of gluten intolerance and lactose intolerance among consumers across the world have led to the growth of protein alternatives that are gluten-free and lactose-free. Oryzenin or rice glutelin is a rich source of essential amino acids and is especially important because it does not lead to side effects such as celiac disease. According to Ministero della Salute (Ministry of Health of Italy), in 2020, there were 107,123 people with celiac disease in North Italy. Furthermore, 51,714 patients from the South, 50,175 from the center, and 24,675 from the islands of Italy suffered from celiac disease. Such conditions are not only limited to Italy but are spotted across the world, hence creating opportunities for the growth of the oryzenin market worldwide.
With consumers increasingly moving towards a vegan diet, oryzenin presents the right alternative for gluten-intolerant vegan consumers to cater to their daily protein needs. From a manufacturing perspective, rice proteins generally have a lower cost of production and are abundantly available as raw materials. Moreover, oryzenin has better gelling properties and high protein content. The rising awareness regarding healthy and sustainable foods led to an increase in the demand for plant protein-based meat alternatives around the world. Moreover, the popularity of food products with the label 'free from' has encouraged consumers to adopt a 'clean living' with healthy dietary preferences. Hence, companies like Axiom Foods have been positioning the oryzenin offered by them as non-GMO, gluten-free, low-sodium, etc. These factors have been driving the sales of oryzenin ingredients across various market segments, which are increasingly used as ingredients in products that are perceived as mainstream lifestyle products.
Oryzenin Industry Segmentation
Oryzenin is a glutelin that is the main protein in rice. For consumers looking for lactose-free and allergen-free protein sources, it is a great substitute.
The Oryzenin Market is segmented by Type (Isolates, Concentrates, and Other Types), Application (Bakery and Confectionery, Beverages, Sports and Energy Nutrition, Dairy Alternatives, Meat Substitutes, and Other Applications), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. The report offers market size and values in (USD Million) during the forecast years for the above segments.
| Type | |
| Isolates | |
| Concentrates | |
| Other Types |
| Application | |
| Bakery & Confectionery | |
| Beverages | |
| Sports & Energy Nutrition | |
| Dairy Alternatives | |
| Meat Substitutes | |
| Other Applications |
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Oryzenin Market Size Summary
The oryzenin market is experiencing significant growth, driven by increasing consumer demand for gluten-free and lactose-free protein alternatives. This demand is largely fueled by the rising prevalence of gluten and lactose intolerance globally, prompting a shift towards plant-based proteins like oryzenin, which is derived from rice and offers essential amino acids without the side effects associated with gluten. The market is further bolstered by the growing trend of veganism, as oryzenin serves as a suitable protein source for those adhering to vegan diets. The cost-effectiveness and abundant availability of rice as a raw material enhance the appeal of oryzenin in the manufacturing sector. Additionally, the rising awareness of healthy and sustainable food options has led to increased consumption of plant-based meat alternatives, with oryzenin playing a crucial role in this segment. The market's expansion is also supported by the popularity of 'free from' food products, which align with the clean living movement and healthy dietary preferences.
The Asia-Pacific region has emerged as a key area for oryzenin market growth, driven by heightened awareness of plant-based and gluten-free products. The region's vast production base for rice provides a competitive advantage, ensuring a steady supply of raw materials for oryzenin processing. This availability is expected to attract more players to the market and encourage existing companies to expand their oryzenin offerings. The fragmented nature of the market sees several regional and local players, with major companies like Kerry Group, Südzucker AG, Axiom Foods, RiceBran Technologies, and The Green Labs LLC leading the charge through product innovations and strategic expansions. Collaborations with distributors across various regions are also helping these companies to broaden their market presence and consumer base. The ongoing demand for gluten-free bakery products, meat substitutes, and dairy alternatives is anticipated to drive further market growth during the forecast period.
Oryzenin Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Industry Attractiveness - Porter's Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Isolates
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2.1.2 Concentrates
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2.1.3 Other Types
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2.2 Application
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2.2.1 Bakery & Confectionery
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2.2.2 Beverages
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2.2.3 Sports & Energy Nutrition
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2.2.4 Dairy Alternatives
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2.2.5 Meat Substitutes
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2.2.6 Other Applications
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Russia
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2.3.2.5 Spain
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2.3.2.6 Italy
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2.3.2.7 Rest of Europe
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2.3.3 Asia Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East and Africa
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2.3.5.1 United Arab Emirates
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle East and Africa
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Oryzenin Market Size FAQs
What is the current Oryzenin Market size?
The Oryzenin Market is projected to register a CAGR of 7.05% during the forecast period (2024-2029)
Who are the key players in Oryzenin Market?
Südzucker AG , Axiom Foods, Inc., The Green Labs LLC., Kerry Group PLC and RiceBran Technologies are the major companies operating in the Oryzenin Market.
