A recent market intelligence report that is published by Data Insights Partner on the global Oryzenin Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Oryzenin Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Oryzenin Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Oryzenin Market `is offered. In accordance with the report, the global Oryzenin Market is projected to expand at a CAGR of 14.2% over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
Oryzenin is a glutelin that is the chief storage protein found in rice. It is a lactose-free, gluten-free and non-allergenic plant-based protein which is a great alternative for a wide base of consumers. By the method of sonification, oryzenin is extracted from rice grains and rice flour. Rice protein enables superior weight management, strengthens skeletal muscles and balances body mass. In spite of being a protein, oryzenin is not known to cause digestive disorders such as Celiac disease and other gastrointestinal troubles which are generally caused by large intake of barley, wheat and rye.
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The key driver of growth in the market for oryzenin is the huge surge in demand for plant-based protein. Sweeping trends of veganism and vegetarianism have impacted the growth of the industry indirectly. Consumer awareness regarding the positive environmental impact of veganism is raising demand for more new and advanced plant-sourced proteins as a substitute for animal proteins. Growing product availability in the developing nations and new applications of oryzenin also seem to propel growth in the market. High protein content and gelling properties make it an indispensible ingredient for the food and beverage industry. Another major factor that fuels demand for rice protein across the globe is the emulsifying property of oryzenin. The cost of production of oryzenin is also low which further adds a positive impact on growth of the market. As a result the global demand for food and beverages containing oryzenin keeps rising. Growing base of health conscious consumer is leading to addition of oryzenin to sports nutritive products. This is contributing to growth of the market for oryzenin.
The key restraint of the oryzenin market is low awareness among consumers regarding oryzenin proteins. Limited R&D activity with the market for oryzenin in the nascent stage is projected to hinder growth of the industry. The global market for oryzenin is largely fragmented. Only a handful of multinational companies, the dominant players, account for the major shares and the rest operate on a local and unorganized market.
Europe has the most dominating market for oryzenin. North America is the second largest consumer of oryzenin. Owing to greater emphasis on healthy lifestyle, there is a surge in demand for plant-based protein in this region attributed by growing consumer consciousness. Asia-Pacific is predicted to be the fastest growing market for oryzenin during the forecast period.
This market intelligence report on the global Oryzenin market encompasses market segments based on product form, type, function, application, and country/regions.
By product form, the global Oryzenin Market is segregated into,
By type, the global Oryzenin Market is segmented into,
- Others (hydrolysates and ion exchange)
By function, the global Oryzenin Market has been divided into,
- Others (solubility, water binding, and viscosity
By application, the global Oryzenin Market is also classified into,
- Sports and energy nutrition
- Dairy alternatives
- Bakery and confectionary
- Meat analogs and extenders
- Others (soups, sauces, salad dressings, spices, pasta, frozen fruits, breakfast foods, flavor enhancements & savory flavors, and infant formula)
By country/region, the global Oryzenin Market has been divided into,
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
- Axiom Foods, Inc. (US)
- AIDP Inc. (US)
- RiceBran Technologies (US)
- Kerry Group plc (Ireland)
- BENEO GmbH (Germany)
- Ribus, Inc. (US)
- Green Labs LLC (US)
- Golden Grain Group Limited (China)
- Shaanxi Fuheng (FH) Biotechnology Co., Ltd. (China)
- Bioway (Xi’an) Organic Ingredients Co., Ltd. (China).
Other players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Oryzenin Market related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
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Ø This study offers comprehensive yet detailed analysis of the Oryzenin Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Oryzenin Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as Axiom Foods, Inc. (US), AIDP Inc. (US), RiceBran Technologies (US), Kerry Group plc (Ireland), BENEO GmbH (Germany) and many more.
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Oryzenin caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Oryzenin Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
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v Identification of key factors driving investment opportunities in the Oryzenin Market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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