A
glutelin type found in seeds of rice, Oryzenin, is a much better
alternative as it does not lead to any kind of disorders such as
celiac disease. The global oryzenin market is influenced by several
aspects which revolve around the benefits and uses of oryzenin. The
rising incidences of celiac diseases has triggered the use of
oryzenin in several regions. There is a direct correlation between
the growth of the global oryzenin market and prevalence of
gastrointestinal diseases and irritable bowel syndrome. Oryzenin does
not cause any of these problems, unlike wheat or barley or rye, and
hence it pushes the adoption of oryzenin. Moreover, the rising demand
for rice proteins owing to functional properties has contributed
towards the growth of the global oryzenin market. Other important
growth influencers which drive the global
oryzenin market are low cost of production of rice proteins,
high gelling properties and high protein content makes oryzenin to be
used extensively in food and beverage industry, increasing health
awareness, rising consumption of oryzenin in sports nutrition and its
use as an enhancer of nutritional value in several food products.
North America regions is a highly lucrative region for the growth of
the global oryzenin market.
Oryzenin
is a type of glutelin/protein which is typically found in seeds of
rice. Consumers who are looking for alternatives to non-allergen,
lactose free as well as gluten free source of proteins, can look
forward to oryzenin as a better alternative. Oryzenin does not cause
any kind of disorders with respect to digestion.
According
to Future Market Insights’s research report on the global oryzenin
market, the global market is expected to reach a value of about US$
112 Mn by the end of 2022, growing at a robust CAGR throughout the
period of assessment, 2017-2022.
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North
America Region to Dominate the Global Market in Terms of Revenue and
Growth Rate
Global
oryzenin market finds North America to be the most lucrative region
which reflects higher market attractiveness. The region is poised to
grow at the highest rate showing a robust CAGR of 9.0% throughout the
period of assessment. The regions dominated the global market in 2017
with respect to market share and is poised to continue dominating the
global market due to high growth rate during the assessment period.
Isolates
no Longer Isolated, Gone Global
Isolates
segment by product type have dominated the global market with a high
market share in 2017 and are poised to continue this trend in the
coming years. This segment also poised to grow at a robust growth
rate to register a CAGR of 8.3% during the assessment period
2017-2022. The concentrates segment also shows high growth potential
and is expected to grow at a very high CAGR throughout the period of
assessment. The isolates segment is expected to gain the highest BPS
by the end of 2022.
Gelling
Poised to Swell Faster
Gelling
segment by function is poised to grow at a highest growth rate
throughout the period of assessment. The segment is anticipated to
register a robust CAGR of 7.8% throughout the assessment period. The
emulsifying segment dominates the global market in terms of revenue
share and also expected to gain a high BPS by the end of 2022.
Sports
and energy Nutrition Expected to Lead the Global Market
The
sports and energy nutrition segment by application is expected to
dominate the global market in terms of revenue share. Based on
statistical analyses in 2017, this segment lead the global market by
reflecting higher market share and this trend is poised to grow in
the coming years as it also reflects robust growth rate.
Bakery
and Confectionary Segment Outpaces Other Segments
Bakery
and confectionary segment by application shows the highest growth
rate followed by sports and nutrition segment during the assessment
period 2017-2022. This segment also expected to gain high BPS by the
end of 2022, and it is posed to hold significant market share in the
coming years.
Dry
Segment Shows High Potential
The
dry segment by form shows high potential with respect to growth rate
as it is poised to register a CAGR of 8.8% throughout the assessment
period 2017-2022. Also, it is expected to gain the highest BPS by the
end of 2022. The liquid segment, however, has shown high market
share, almost three times more than that of dry segment in 2017 and
this trend is expected to continue in the coming years.
Competition
Tracking
The
research report has profiled companies which are expected to remain
active in the expansion of global oryzenin market throughout 2022.
Companies such as Aidp Inc., BENEO GmbH, Kerry Group PLC, Shenzhen
Beike Biotechnology Co. Ltd., Axiom Foods, Inc., Golden Grain Group
Limited, Ribus, Inc., Rice bran Technologies, Inc., The Green Labs
LLC and Bioway (Xi’An) Organic Ingredients Co., Ltd., are profiled.
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