Oryzenin arrives in several forms, including isolates, concentrates, and others, all of which are commercially obtainable. Oryzenin is segregated into liquid and dry forms depending on the shape. In the oryzenin market, the dry form has ease of handling and is cost-effective transportation-wise. Oryzenin has diverseness of usage in bakery and confectionary, drinks, meat analogs and extenders, and sports and energy nutrition. Health awareness is escalating amongst people. Sports persons and athletes consume oryzenin for muscle recovery as it offers the body all the necessary amino acids.
The escalating intake of meat options amidst the massive population is one of the prominent elements of prospering market sales. Meat options such as plant-based burgers, sausages, and meatballs are becoming favorable amongst consumers, focusing on more viable, moral, and robust food alternatives. With retail sales of plant-based meat in 2021 advancing US $5 billion worldwide, consumer interest in efficacious options for traditional animal commodities endures improvising globally. Oryzenin is a main component in several meat-optional commodities because of its high protein content and texturizing features.
The Market Insight
The global oryzenin market was valued at USD 199.27 million in 2022 and is expected to grow at USD 542.30 million with a CAGR of 10.5% during the forecast period of 2032.
Concentrates Segment Dominated The Market
In the financial year 2022, the concentrates segment held the largest market share because it is an extremely purified rice protein isolate with many probable advantages and applications. In the oryzenin market, this kind usually entails over 80% protein by weight, rendering it a copious source of amino acids and an acceptable component for protein parapet in food products. Also, it is an organic, non-GMO, and viable protein source, which coincides with the clean label movement in the food industry.
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North America: This region is anticipated to conduct the largest market share due to the increasing acquisition of meat alternatives, obtainability of several commodities, funding amongst market players, and several other elements are credited to the market's progression in this region. The plant-based food industry is increasingly proliferating at a speedy pace across North American nations. For instance, there has been nearly a 250% escalation in vegetarians in Canada. Presently, there are more than 2.3 million vegetarians and approximately 850,000 vegans.
Asia Pacific: Many elements are credited to the proliferation of the market, which includes the rise in consciousness of dairy alternatives, plant based meals, and alternative gluten-free products covering the important parts of the Asia Pacific region. The extensive manufacturing foundation of raw materials for oryzenin processing is the critical element in the advancement of the market. For instance, in 2021, China produced 214 million tonnes of paddy rice. Notwithstanding notable variations in recent years, China's paddy rice production generally surged from 1972 to 2021, extending 214 million tonnes in 2021.
Oryzenin has high-level gelling properties together with the escalated content of protein. Concentrate oryzenin dominates the market. In the oryzenin market, this could be persuaded with concentrates demonstrating more economical to isolates. Oryzenin, in its dry form, is favored to its liquid form, and it can be effortlessly conveyed and has a longer shelf life.
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