Oryzanol Market Segmented By Cosmetics & Personal Care, Dietary Supplements, Pharmaceuticals Application
Industry: Food and Beverages
Published Date: January-2023
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 215
Report ID: PMRREP32383
The revenue from the global oryzanol market is estimated at US$ 1,609.2 Mn in 2023, and is projected to reach of valuation of US$ 2,685.2 Mn by the end of 2033 and is expected to register a CAGR of 5.2% over forecast period (2023-2033).
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Oryzanol Market Size (2023E) |
US$ 1,609.2 Mn |
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Projected Sales of Oryzanol (2033F) |
US$ 2,685.2 Mn |
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Value CAGR (2023-2033) |
5.2% |
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Value Share of Top 4 Countries (2022E) |
31.4% |
The oryzanol market demonstrated moderate growth in past few years and registered a value of around US$ 1,261.1 Mn in 2018. The global sales of oryzanol in historical period assessment grew by 3.8% value CAGR. The market observed strong demand for oryzanol from cosmetic & personal care industry during (2018-2022), due to upward trend of incorporating green/natural ingredients among cosmetic producers for product formulation.
Oryzanol is a substance that is extracted from rice bran oil, which has gained spotlight in the eyes of manufacturers from diverse sectors owing to growing preference for natural ingredients for product development across the globe. Furthermore, companies are majorly offering oryzanol products towards cosmetic & personal care industry, dietary supplements, pharmaceuticals and others. The manufacturers with the support of state-of-the-art manufacturing techniques, the companies are offering holistic natural solutions in regards to oryzanol. Moreover, organic, and non-GMO oryzanol is a key growth strategy followed by the producers in the oryzanol market.
The oryzanol market is forecast to grow at value CAGR of 5.2% and estimated to incur the revenue of 2,685.2 Mn by the end of 2033. The sales of oryzanol will be increasing across the globe owing to the tremendous health benefits associated with rice bran oil which is luring manufacturers.
“Increasing Demand for Natural and Healthy Products Profiting Market Growth”
Natural and organic are emerging buzzwords in the global food and beverage, personal care and cosmetic, and pharmaceutical industries. Key global ingredient manufacturers are focused on producing natural and organic ingredients as consumer demand is increasing for natural and healthy food and beverage, pharmaceuticals, and personal care products. Owing to rise in health conscious consumers, the producer are harnessing oryzanol at substantial rate for formulation of functional foods, and feeds, as well as cosmetics. Thus, oryzanol extracted from rice and rice bran oil that is considered a pure and natural ingredient, which is expected to fuel the growth of the global oryzanol market in the forecast period.
“Increasing Popularity of Oryzanol in Supplement Industry”
Increasing demand for bodybuilding supplements from athletes has benefitted oryzanol penetration in sport nutrition due to its organic nature. The lack of legal limitations on athletes and other consumers over the consumption of oryzanol makes the product more approachable for all kinds of customer groups. Besides, oryzanol supplements promote better anthropometric measurements and muscular strength, leading to increased consumption of oryzanol among health-conscious consumers. Dietary manufacturers are harnessing oryzanol for production of supplements majorly in form tablet, capsules, liquid gels and pills. Thus, the nutraceuticals & sport supplement application is expected to witness the fastest growth during the forecast period.
“Growing Spending Power of Consumers in Emerging Markets”
Countries such as China, India, and Indonesia etc. are the fastest growing economies in the world based on both economy and population. With growing economies, the middle class population is also increasing in these emerging countries. The middle class is becoming increasingly affluent, with the availability of better job opportunities in urban areas in these countries. Thus, per capita expenditure of consumers on functional food and healthcare is increasing in these countries. The consumers are ready to spend more on natural and healthy food and beverages, drugs, and nutritional supplement products. Also, high penetration of the internet is another key factor behind the increasing awareness about healthy ingredients and products.
“Rising Demand of Oryzanol in Pharmaceutical Products”
Increasing prevalence of health issues such as high cholesterol, hyperlipidemia, and hormonal changes during menopause has stimulated oryzanol medicine consumption. Absence of side effects, due to its natural origin, makes the product safe to consume. Also, the demand for natural ingredients is increasing in the pharmaceutical industry as consumer preferences for natural products is rising from the past few years. Oryzanol is a fast-acting ingredient for diseases such as high cholesterol, hyperlipidemia, etc., which makes it a popular ingredient among pharmaceutical manufacturers. As the above-mentioned health issues are very common and need to be taken care of immediately to avoid further consequences, this has positively influenced the demand for oryzanol in the pharmaceutical sector.
What is the market share held by Germany in global oryzanol market?
In global oryzanol market, Germany holds the largest market share for among all Euaccounting for 4.7% of global value market. The market for oryzanol in Germnay is valued at US$ 75.0 Mn for year 2023 and is predicted to reach US$ 115.4 Mn by end of 2033.
What is the sales incurred by U.S. in global oryzanol market?
The U.S. registered the sales of US$ 388.5 Mn for year 2023 and is predicted to grow at rate of 4.5% in the forthcoming years. The market for oryzanol is growing at rapid rate due to industries incorporating natural ingredients for product formulation.
What is consumption outlook for personal care & cosmetics industry in global oryzanol market?
On basis application, the global oryzanol market is segmented into cosmetic & personal care ,dietary supplements, pharmaceuticals, and others. The cosmetics & personal care remains the major targeted application for oryzanol market which is growing at rate of 4.9% for the forecast period. Consumers are looking for natural solutions in personal care and cosmetic products such as lotions, creams, sprays etc. Oryzanol is becoming a highly valued ingredient in the personal care and cosmetic industry owing to its natural antioxidant properties.
What is the growth rate of dietary supplement in the global oryzanol market?
The dietary supplement is growing at highest growth over the forecast period and registering the value CAGR of 5.8% (2023-2033). Oryzanol has multiple health benefits to human health such as antiaging properties, promoting sleep, promoting energy, and supporting physical and emotional wellbeing. Thus, oryzanol has become a popular ingredient among dietary supplement manufacturers. Besides, oryzanol capsules are sold directly to the consumers as a dietary supplement. Thus, manufacturers of oryzanol need to focus on the dietary supplement industry to increase sales and revenues.
Regional players operating and producing products at the country level and focusing on exporting oryzanol to other countries are majorly dominating the global oryzanol market. The players majorly marks the market presence in the regions like North America and Asia-Pacific, owing to rising demand from various end use industries. Companies such as Henry Lamotte Oils GmbH, Merck KGaA, Tokyo Chemical Industry Co., Ltd., Oryza Oil & Fat Chemical Co., Ltd., FUJIFILM Wako Pure Chemical Corporation, and others are some of the major players operating in the global oryzanol market. Regional multinational players account for a market share of 45-50%, and local players 20-30% respectively. These companies are engaged in the business of proving oryzanol products, operate at small scale, and are more export-oriented.
Manufacturers of oryzanol are using modern technology for the extraction of oryzanol in its most natural and pure form. Key players are focusing on collaborations and partnerships with personal care and cosmetics, dietary supplements, and pharmaceutical manufacturers to sell their products. Moreover, the company has obtained accreditation for production quality and organic products. The key certificates includes ISO, HALAL, USDA organic, and more. Also, production expansion for extensive production capabilities remains the foremost strategy by key players to meet the global demand. Growing efforts to utilize the maximum potential from rice bran through holistic research will allow new contenders to penetrate in the oryzanol market
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Details |
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Forecast period |
2023-2033 |
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Historical data available for |
2018-2022 |
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Market analysis |
USD million for value |
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Key regions covered |
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Key countries covered |
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Key market segments covered |
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Key companies profiled |
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Report coverage |
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Customization & pricing |
Available upon request |
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The global market for Oryzanol has a value of US$ 1,609.2 Mn in 2023.
The global market for Oryzanol has a value CAGR of 3.8% from 2018-2022.
The global market for Oryzanol has a value of US$ 2,685.2 Mn in 2033.
The global market for Oryzanol has a value CAGR of 5.2% from 2023-2033.
The top players in the global oryzanol market includes Henry Lamotte Oils GmbH, Merck KGaA, Tokyo Chemical Industry Co., Ltd., Oryza Oil & Fat Chemical Co., Ltd., FUJIFILM Wako Pure Chemical Corporation.
