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Oryzenin Market Size

Report ID: GMI6438
Published Date: Aug 2023
Report Format: PDF

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Oryzenin Market Size

Oryzenin Market size was valued at around USD 195 million in 2022 and is estimated to reach USD 676.4 million till 2032. Oryzenin is a plant-based protein, and there is a rising demand for plant-based protein sources due to increased awareness of sustainability, environmental concerns, and health benefits associated with reducing animal-based protein consumption

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As the number of individuals following vegan and vegetarian diets increases, there is a growing demand for plant-based protein alternatives like oryzenin. Oryzenin is gluten-free and hypoallergenic, making it suitable for individuals with gluten sensitivity or allergies to other protein sources. The demand for gluten-free and allergen-friendly products is on the rise.

Oryzenin Market Report Attributes
Report Attribute	Details
Base Year:	2022
Oryzenin Market Size in 2022:	USD 195 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	13.2%
2032 Value Projection:	USD 676.4 Million
Historical Data for:	2018 to 2022
No. of Pages:	150
Tables, Charts & Figures:	191
Segments covered:	Type, Functionality, Application, Region
Growth Drivers:	Growing demand for plant-based proteins Expansion of vegan and vegetarian product offerings Increasing sports nutrition demands
Pitfalls & Challenges:	Price Competitiveness Supply Chain Disruptions Regulatory Compliance

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The cost of producing oryzenin and its derived products can be higher than traditional protein sources. The oryzenin industry relies on a stable supply of rice as the raw material. Any disruptions in rice production or supply chain can impact the availability and pricing of oryzenin. Oryzenin and its derived products must meet regulatory standards for safety and quality.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Oryzenin industry recorded USD 195 million in 2022 and is estimated to register USD 676.4 million by the end of 2032, due to increasing demand for plant-based protein sources worldwide.

Oryzenin concentrates market reached USD 93.6 million in 2022 and is expected to grow exponentially through 2032, owing to rising incorporation in sports nutrition products and protein supplements.

The food and beverage industry held significant revenue share in 2022 and is expected to observe 11.7% CAGR from 2023-2032 due to growing usage in food centres.

U.S. market recorded USD 52.3 million in 2022 and will see significant growth through 2032, owing to increasing demand for plant-based proteins with higher awareness of the health and environmental benefits associated with reducing meat consumption in the region.