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Oryzenin Market North America Region to Dominate

?Oryzenin is a kind of glutelin, a rice protein which is found in rice seeds typically. Oryzenin has several health benefits, the most important of which is that it does not lead to any sort of disorders pertaining to digestion, unlike rye, barley or wheat. The entire globe has witnessed a rise with respect to health awareness among population, which has triggered the consumption of rice proteins due to their functional characteristics. Manufacturing of rice proteins involves less cost, which has contributed towards the growth of the global market for oryzenin. Moreover, oryzenin reflects high gelling, high emulsifying properties and is widely used in the booming food and beverage industry. Oryzenin is used as a nutritional enhancer in food products. Sports nutrition also involves use of oryzenin on a large scale. Oryzenin can be used as the best alternative for consumers who look forward to lactose free and non-allergen and gluten free protein sources. These factors have impacted the growth of the global oryzenin market positively. Also, an increase in the consumption of plant proteins contributes towards the growth of the global oryzenin market.

The global oryzenin market is anticipated to grow at a high CAGR and is estimated to be valued at US$ 112 Mn during the period of forecast of 2017 20 2022.

7 Forecast Highlights on Global Oryzenin Market

·By product type, the isolates segment is poised to reflect dominance pertaining to market share as well as growth rate. The segment is poised to grow at a robust 8.3% CAGR throughout the period of forecast and also most likely to show higher market share

·Sports and energy nutrition segment in the application category has shown high market share and anticipated to lead the global market owing to a high growth rate in the coming years

·By application category, the bakery and confectionary segment also shows high potential as it reflects a healthy growth rate of 7.7% throughout the period of forecast 2017-2022

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·By function category, the emulsifying segment is anticipated to gain high market share in the years to come and thus dominates the global market in terms of market revenue share. It is also anticipated to gain highest BPS by 2022 end

·Gelling segment in the function category is anticipated to grow at the highest growth rate to register a 7.8% CAGR during the forecast period of 2017 -2022

·North America region anticipated to dominate the global market by displaying high market share as well as high growth rate by registering a CAGR of 9.0% during the forecast period. Following North America, Europe region also shows high potential with respect to growth rate in the coming years

·By form, the dry segment is anticipated to grow at a faster rate as compared to liquid segment. The liquid segment has higher market share in 2017 and is anticipated to show similar trend in the future. The dry segment has experienced high adoption rate due to low cost manufacturing and ease in transportation whereas the liquid form takes additional steps and processes and hence more cost is involved

The report has also profiled key leading players in the global oryzenin market, which would remain active through 2022. These include players like Bioway (Xi’An) Organic Ingredients Co., Ltd., The Green Labs LLC, Rice bran Technologies, Inc., Ribus, Inc., Golden Grain Group Limited, Axiom Foods, Inc., Shenzhen Beike Biotechnology Co. Ltd., Kerry Group PLC, BENEO GmbH and Aidp Inc.

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News Release: Oryzenin Market North America Region to Dominate
Submitted on: November 14, 2017 01:45:45 PM
Submitted by: peeyushk
On behalf of: