Oryzanol Market

Oryzanol Market is expected to reach US$ 4.34 Bn, with a CAGR of 9.5% over the forecast period (2023-2029), due to an increase in health-related issues among individuals.

Oryzanol Market Definition:

Oryzanol is derived from rice bran oil, which can also be found in wheat bran and certain fruits & vegetables. Important nutritional phytoceuticals including lecithin, tocotrienols, and oryzanol can be found in rice bran oil. It's a naturally occurring antioxidant that's an important part of rice bran oil. Oryzanol is found in a variety of medications, nutraceuticals, sports supplements, and cosmetics.

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The report has covered the market trends from 2017 to forecast the market through 2029. 2022 is considered a base year however 2022’s numbers are on real output of the companies in the market. Special attention is given to 2020 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Oryzanol Market Dynamics:

Global Oryzanol Market size was valued at US$ 2.29 Bn. in 2022 and the total revenue is expected to grow at 9.5% through 2022 to 2029, reaching nearly US$ 4.34 Bn. The oryzanol market is being driven by a growing awareness of the availability of important substances among the populace. Oryzanol boosts the nutritional benefits of fruits and vegetables, contributing to the oryzanol market's rise over the forecast period (2023-2029).

The oryzanol market is expected to grow due to an increase in health-related issues such as diabetes, obesity, and heart disease as a result of bad eating habits and high cholesterol levels. According to the World Health Organization, increased cholesterol levels cause around 2.6 million deaths each year. North America and Europe are the regions with the highest percentage of people suffering from high cholesterol. In these two regions, health awareness campaigns and high affordability are two of the most important elements in promoting oryzanol intake. In addition, major businesses are concentrating on continuous R&D breakthroughs in the development of oryzanol-based goods to alleviate customer health concerns.

Furthermore, the predominance of natural content is likely to create many opportunities for the oryzanol market to expand during the forecast period (2023-2029). On the other hand, rising product prices and a lack of awareness among individuals in emerging economies are likely to limit the oryzanol market's growth in the estimated period.

Oryzanol Market Trends:

The consumption of sports supplements has been positively influenced by changing attitudes toward better living among the youthful population. For its body-building help, oryzanol is a suggested and widely accepted substance in sports nutrition. The primary reason for the need for these supplements is that young people's shopping habits are changing, with a greater emphasis on physique and appearance.

The industry's growth is likely fueled by the government's increased focus on expanding oryzanol production due to its extremely advantageous characteristics and currently underutilized production potential. Because of the increased extraction process, the industry will see a decreased pricing trend, resulting in more product availability and increased competitiveness in the oryzanol market.

Oryzanol Market Segment Analysis:

The Oryzanol market is segmented into Source and Application.

Based on the Application segment: The Oryzanol market is further sub-segmented into Pharmaceuticals, Cosmetics, Nutraceuticals & Sport Supplements, and Animal Feed. The pharmaceuticals applications dominates the oryzanol market in 2022, accounting for more than half of total demand. The usage of oryzanol drugs has increased due to an increase in health issues such as high cholesterol, hyperlipidemia, and hormonal changes during menopause. Thanks to the absence of health negative effects caused by its natural component, the product is the safest and most useful to ingest. Because the aforementioned health conditions are quite widespread and must be addressed quickly to avoid further impacts, demand in the pharmaceutical business has increased. In 2020 medicines spending was worth over USD 1265.2 billion and is expected to surpass USD 1595 billion in sales by 2027.

Cosmetics are the second-fastest-growing application in the worldwide oryzanol market, with a CAGR of more than 11% expected through 2027. Strong antioxidant qualities that prevent tissue damage and remove free radicals are expected to encourage the use of this component in anti-aging creams and sunscreen lotions. Also associated with oryzanol-based cream formulations are easy solubility and absorbability, as well as excellent blood circulation in the skin.

During the forecast period, the fastest-growing applications are nutraceuticals and sports supplements. Oryzanol's penetration in sports nutrition has benefited from an increase in demand for bodybuilding supplements from athletes due to its organic nature. Because there are no legal restrictions on how these components are treated by national-level athletes and other consumers, the product is more accessible to a wider range of customers.

Oryzanol Market Regional Insights:

North America dominates the market and is expected to hold a steady position in the forecast period. Thanks to the easy availability of rice bran oil, changing lifestyles of people, and an increasing number of applications in sports supplements. Asia-Pacific is expected to grow at a CAGR of xx% in the forecast period 2023 to 2029, because of the easy availability of rice bran oil, rising consumer awareness among the people regarding health, and increasing government initiatives. In addition, expanding prospects in sport supplement applications in developing economies such as India, Japan, China, and Indonesia is expected to boost the region's growth.

The extraction of oryzanol from rice bran oil was first carried out in Japan. The availability of large quantities of raw materials, as well as a track record of successful product development, are the primary drivers of industrial growth in the Asia Pacific. The growth of the regional sector will be aided by rising per capita income and a growing proportion of younger people.

The objective of the report is to present a comprehensive analysis of the global Oryzanol to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Oryzanol dynamics, structure by analyzing the market segments and project the Oryzanol size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Oryzanol make the report investor’s guide.

Oryzanol Market Scope: Inquire before buying

Oryzanol Market, by Region

• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

Oryzanol Market, Key Players are:

• Tsuno Food Industrial Co., Ltd.
• Shanghai Freemen, LLC
• ChromaDex, Inc.
• Honson Pharmatech Group
• Sunrise Nutrachem Group
• Henry Lamotte Oils GmbH
• Fengchen Group Co., Ltd.
• NutriScience Innovations, LLC
• Merck KGaA
• Ricela Health Foods Ltd.
• Oryza Oil & Fat Chemical Co., Ltd
• TANOBIO
• Tokyo Chemical Industry
• Kangcare Bioindustry Co., Ltd.
• Source Naturals, Inc
• Swanson
• FUJIFILM Wako Pure Chemical Corporation
• Xi’an Gaoyuan Bio-Chem Co., Ltd.
• Shaanxi Pioneer Biotech Co., Ltd
• Puyer Group
• Sure Chemicals Co. Ltd.
• Zhejiang Delekang Food Co., Ltd.

Frequently Asked Questions:

1. Which region has the largest share in Oryzanol Market?
Ans: North America held the largest share in 2020.

2. What is the growth rate of the Oryzanol Market?
Ans: The Oryzanol Market is growing at a CAGR of 9.5% during the forecasting period 2021-2027.

3. What segments are covered in Oryzanol market?
Ans: Oryzanol Market is segmented into Source, Application, and region.

4. Who are the key players in Oryzanol market?
Ans: The important key players in the Oryzanol Market are - Tsuno Food Industrial Co., Ltd., Shanghai Freemen, LLC, ChromaDex, Inc., Honson Pharmatech Group., and Sunrise Nutrachem Group, Henry Lamotte Oils GmbH, Fengchen Group Co.,Ltd., NutriScience Innovations, LLC, Merck KGaA, Ricela Health Foods Ltd., Oryza Oil & Fat Chemical Co., Ltd, TANOBIO, Tokyo Chemical Industry, Kangcare Bioindustry Co., Ltd., Source Naturals, Inc, Swanson, FUJIFILM Wako Pure Chemical Corporation, Xi’an Gaoyuan Bio-Chem Co., Ltd., Shaanxi Pioneer Biotech Co., Ltd, Puyer Group, Sure Chemicals Co. Ltd., and Zhejiang Delekang Food Co., Ltd.

5. What is the study period of this market?
Ans: The Oryzanol Market is studied from 2020 to 2027.