The Worldwide Demand for Oryzenin is Poised to Grow by 13.5% During 2024-2030 and Reach $574 Million By 2030
A new report from Industry Experts Inc on "Oryzenin", is introduced. According to this global market research report, the global market for Oryzenin is poised to post a very strong CAGR of 13.5% during the 2024-2030 analysis period and reach a projected US$573.6 million by 2030 from an estimated US$268 million in 2024.
The worldwide Oryzenin demand is poised to post a robust growth over the analysis period owing to several reasons, including increasing acceptance for plant-based products as substitutes for dairy & meat, growing popularity among sports nutrition applications, potential health benefits due to hypoallergenic qualities, increase in the vegan & vegetarian population, clean-label products and adoption of nanotechnology for innovations in food applications.
On the basis of form, Dry Oryzenin is largest as well as fastest growing segment in the global Oryzenin market during the analysis period. The key reasons include its usage in various applications as sports & nutrition, easy & comfortable transportation of dry form and increasing number of people consuming plant based protein as a healthy option in this form.
The market for Oryzenin is analyzed in this report on a global basis and the key regions covered include North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Rest of World (Middle East & Africa).
Oryzenin global market analyzed in this report with respect to Type – Concentrates, Hydrolysates and Isolates; Form – Dry and Liquid; and Application – Bakery & Confectionery, Dairy Alternatives, Food & Beverages, Meat Analogs & Extenders and Sports & Energy Nutrition.
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