PUBLISHER: The Business Research Company | PRODUCT CODE: 1465852
PUBLISHER: The Business Research Company | PRODUCT CODE: 1465852
Oryzanol is a group of natural compounds found in rice bran oil, as well as in other cereals such as wheat and barley. These compounds possess antioxidant properties, which aid in protecting cells from damage caused by free radicals. Oryzanol is widely utilized in supplements and fortified foods due to its perceived health benefits.
The primary types of oryzanol products include pharmaceutical grade and food grade. Pharmaceutical grade oryzanol refers to a highly purified form of oryzanol that meets specific quality standards and is suitable for use in pharmaceutical products. It is sourced from various sources, including rice bran oil, wheat bran, and fruits and vegetables, and is employed in various end-uses such as pharmaceuticals, cosmetics, nutraceuticals, sports supplements, and animal feed.
The oryzanol market research report is one of a series of new reports from The Business Research Company that provides oryzanol market statistics, including oryzanol industry global market size, regional shares, competitors with an oryzanol market share, detailed oryzanol market segments, market trends and opportunities, and any further data you may need to thrive in the oryzanol industry. This oryzanol market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The oryzanol market size has grown rapidly in recent years. It will grow from $2.58 billion in 2023 to $2.89 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth observed during the historic period can be attributed to several factors, including the rising health consciousness boosting oryzanol supplement sales, increased per capita income stimulating market development, growing demand for oryzanol in the food and beverage sector, the growth of the sports supplements industry, and rising demand for natural antioxidants.
The oryzanol market size is expected to see rapid growth in the next few years. It will grow to $4.50 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The anticipated growth in the forecast period can be attributed to several factors, including the increasing prevalence of hyperlipidemia, a spike in diseases driving market expansion, increasing use of oryzanol supplements, growing demand for natural ingredients in cosmetics, and increasing adoption of plant-based diets. Major trends expected in the forecast period include technological advancements in extraction methods, sustainability concerns, health and wellness trends, market consolidation, and innovations in product formulations.
The increasing emphasis among consumers on health and wellness is projected to drive the expansion of the oryzanol market in the future. Consumer focus on health and wellness denotes the growing attention and significance individuals place on maintaining and improving their physical, mental, and emotional well-being. This trend is fueled by a heightened awareness of the interconnectedness between physical and mental health, leading people to prioritize holistic well-being through informed lifestyle choices, including dietary preferences, mindfulness practices, and stress management techniques. Oryzanol contributes to consumer health and wellness by serving as a natural antioxidant, mitigating inflammation, and aiding in the reduction of cholesterol levels. For instance, in April 2023, an online survey conducted by the International Food Information Council (IFIC) revealed that 52% of Americans followed a diet or eating pattern in the past year, marking a significant increase from previous years (39% in 2021), with expectations of further growth in the future. Consequently, the escalating consumer focus on health and wellness is propelling the expansion of the oryzanol market.
The growing incidence of cardiovascular disease is anticipated to propel the advancement of the oryzanol market moving forward. Cardiovascular disease encompasses a range of conditions affecting the heart and blood vessels. The prevalence of cardiovascular disease is rising due to a combination of factors such as increasing obesity rates, tobacco use, unhealthy dietary habits, and more. Oryzanol contributes to reducing the risk of cardiovascular diseases by lowering LDL (low-density lipoprotein) cholesterol levels, alleviating inflammation and oxidative stress in the arteries, and enhancing blood flow and circulation. For instance, in 2021, the World Heart Federation reported that over 500 million individuals worldwide were affected by cardiovascular diseases, resulting in 20.5 million deaths, indicating an increase from the previous year. Hence, the growing prevalence of cardiovascular disease is propelling the expansion of the oryzanol market.
Prominent companies in the oryzanol market are innovating by developing advanced products such as Gamma Oryzanol to address elevated cholesterol and triglyceride levels. Gamma oryzanol is a blend of lipids primarily derived from rice bran and rice bran oil, comprising ferulic acid esters of phytosterols and triterpenoids such as cycloartenyl ferulate, 24-methylenecycloartanyl ferulate, and campesteryl ferulate. For instance, in June 2021, Ricela Group introduced gamma oryzanol, a natural antioxidant available in the form of vegetarian capsules. Each capsule of Ricela gamma oryzanol contains 150 mg of gamma oryzanol, a nutrient present in rice bran oil offering various physiological benefits to maintain overall health.
Major companies operating in the oryzanol market are Merck KGaA, Fujifilm Group, Huadong Medicine Co. Ltd., Jiangsu Hengrui Pharmaceuticals, Swanson Health Products, Oryza Oil and Fat Chemical Co., ChromaDex Inc., Sunrise New Energy, Organic Herb Inc., Shanghai Freemen LLC, Sure Chemicals Co. Ltd., Nutra Green Biotechnology, Tokyo Chemical Industry, NutriScience Innovations LLC, Kingherbs Limited, Ricela Health Foods Ltd., Kangcare Bioindustry Co., Honson Pharmatech Group, Okayasu Rubber Co. Ltd., Puyer Group, Source Natural Foods & Herbal Supplements Limited, Wuxi Accobio Biotech Inc., Grupo Lala S.A.B, Henry Lamotte Oils, Shaanxi Pioneer Biotech Co. Ltd, Fengchen Group Co. Ltd., TSUNO Rice Fine Chemicals Co. Ltd., Xi'an Gaoyuan Bio-Chem Co. Ltd, Zheijang Delekang Food Co.
North America was the largest region in the oryzanol market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oryzanol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the oryzanol market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The oryzanol market consists of sales of oryzanol supplements, oryzanol enriched foods, oryzanol creams and lotions, rice bran extract. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Oryzanol Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on oryzanol market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for oryzanol ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The oryzanol market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.