Global Oryzenin Market to Reach US$ 644.1 Million by 2032, Driven by Rising Demand for Plant-Based Proteins

August 23, 2023 | Food & Beverages

According to the latest report by IMARC Group, titled “Oryzenin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” the global oryzenin market size reached US$ 233.8 Million in 2023. Oryzenin is a plant-based protein extracted from rice (Oryza sativa) grains, thus making it a valuable alternative protein source for various food applications. It is a water-soluble protein derived from rice bran or rice flour through various extraction processes, including enzymatic hydrolysis or alkaline treatment. Oryzenin contains a balanced amino acid profile, including essential amino acids like lysine, leucine, and valine, crucial for protein synthesis and overall human nutrition. As a hypoallergenic protein, oryzenin is well-tolerated by individuals with allergies or sensitivities to other common protein sources like soy or dairy. This makes it suitable for a broader consumer base seeking alternative protein options. Oryzenin's functionality and versatility have led to its use in various food products, including bakery goods, beverages, meat analogs, and nutritional supplements. Its ability to form gels, stabilize emulsions, and improve texture make it a valuable ingredient in food processing and formulation. Additionally, oryzenin is gaining attention in the sports nutrition industry, where athletes and fitness enthusiasts are seeking plant-based protein sources to support muscle recovery and performance. Its clean label, non-GMO, and gluten-free characteristics align with the growing demand for healthier and more sustainable food choices.

Global Oryzenin Market Trends:

The growing awareness of the environmental impact of animal-based proteins represents one of the key factors driving the growth of the market across the globe. This, coupled with the increasing inclination toward sustainable food sources is leading consumers to seek plant-based alternatives, including oryzenin. In line with this, oryzenin's hypoallergenic nature and balanced amino acid profile make it an appealing choice for health-conscious consumers seeking protein-rich options to support their active lifestyles and overall well-being. The market is also driven by the rise in vegan and vegetarian dietary practices which is creating a demand for plant-based protein sources, with oryzenin serving as a viable option to meet these dietary preferences. In addition to this, oryzenin's inherent allergen-free nature, along with its non-GMO status, appeals to individuals with food allergies or sensitivities, which is promoting its use in various food products. The increasing research and development (R&D) activities in improving the taste, texture, and functionality of oryzenin are resulting in enhanced product offerings, which are driving consumer acceptance and market growth. Government initiatives and regulations promoting plant-based foods and sustainable agriculture are providing a supportive environment for the growth of the market. The accessibility and availability of rice as a raw material for oryzenin production in various regions are contributing to a robust global supply chain. Oryzenin's sustainable and eco-friendly attributes resonate with environmentally conscious consumers seeking products with a lower carbon footprint. Collaborations between food manufacturers, research institutions, and rice producers are accelerating the development and commercialization of oryzenin-based products, which is driving market expansion. Other factors, such as clean labels and natural image, expansion in the food and beverage (F&B) industry, and sports nutrition and performance, are creating a positive outlook for the market across the globe. Looking forward, the market value is projected to reach US$ 644.1 Million by 2032, expanding at a CAGR of 11.9% during 2024-2032.

Market Summary:

  • Based on the type, the market has been segmented into isolates, concentrates, and others. Currently, isolates are holding the largest market share across the globe.
  • On the basis of the form, the market has been bifurcated into dry and liquid. Presently, dry is dominating the market across the globe.
  • Based on the basis of the function, the market has been divided into emulsifying, texturizing, gelling, foaming, and others. Currently, emulsifying is dominating the market across the globe.
  • On the basis of the application, the market has been categorized into sports and energy nutrition, beverages, bakery and confectionery, meat analogs and extenders, dairy alternatives, and others. Presently, sports and energy nutrition holds the largest market share across the globe.
  • Based on the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. Presently, North America holds the largest market share across the globe.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include AIDP Inc., Axiom Foods Inc., BENEO GmbH (Südzucker AG), Bioway (Xi’an) Organic Ingredients Co. Ltd., Golden Grain Group Limited, Kerry Group Plc, Ribus Inc., RiceBran Technologies, Shaanxi Fuheng (FH) Biotechnology Co. Ltd, The Green Labs LLC and Zedira GmbH.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Type, Form, Function, Application, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Turkey, Saudi Arabia
Companies Covered AIDP Inc., Axiom Foods Inc., BENEO GmbH (Südzucker AG), Bioway (Xi’an) Organic Ingredients Co. Ltd., Golden Grain Group Limited, Kerry Group Plc, Ribus Inc., RiceBran Technologies, Shaanxi Fuheng (FH) Biotechnology Co. Ltd, The Green Labs LLC and Zedira GmbH
Customization Scope 10% Free Customization
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Global Oryzenin Market to Reach US$ 644.1 Million by 2032, Driven by Rising Demand for Plant-Based Proteins
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