The gamma oryzanol global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Gamma Oryzanol Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The gamma oryzanol market size has grown strongly in recent years. It will grow from $1.66 billion in 2023 to $1.77 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to Increased consumer awareness about the health benefits of natural antioxidants, expanded dietary supplements industry, rising use of gamma oryzanol in pharmaceuticals for its cholesterol-lowering and anti-inflammatory properties, increased adoption in sports nutrition products, and growing application in cosmetics for its antioxidant properties and anti-aging benefits.
The gamma oryzanol market size is expected to see strong growth in the next few years. It will grow to $2.32 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing preference for clean-label products, growing popularity of functional foods, aging global population, rising awareness and need for products that help prevent lifestyle-related chronic diseases, and increasing consumer and industry focus on sustainable and naturally sourced ingredients. Major trends in the forecast period include innovations in extraction and formulation technologies, growth in personalized nutrition, increased online retailing of health supplements, development of new product formats, such as powders, capsules, and beverages, incorporating gamma oryzanol, and innovations in sourcing gamma oryzanol from sustainable and eco-friendly processes.
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Scope Of Gamma Oryzanol Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Gamma Oryzanol Market Overview
Market Drivers –
The growing demand for natural and functional food ingredients is expected to propel the growth of the gamma oryzanol market going forward. Natural and functional food ingredients refer to components derived from natural sources that provide additional health benefits beyond essential nutrition. The demand for natural and functional food ingredients is due to growing consumer awareness about health and wellness, a rise in lifestyle-related diseases, and a preference for clean-label and nutrient-rich products. Natural and functional food ingredients, such as gamma oryzanol, enhance food products’ nutritional profile and health benefits while addressing consumer preferences for clean-label options, supporting cardiovascular health, and providing antioxidant protection. For instance, in February 2022, according to a report published by Agriculture and Agri-Food Canada, a Canada-based government agency, the retail sales value of the health and wellness food and beverage sector in the United States increased to $191.9 billion in 2021, compared to $191.7 billion in 2020. Further, fortified or functional foods and beverages are expected to grow by 15.3%, and the health and wellness category is projected to reach $218.1 billion in 2025, reflecting a 13.8% increase compared to 2021. Therefore, a growing demand for natural and functional food ingredients drives the gamma oryzanol market.
Market Trends –
Major companies operating in the gamma oryzanol market focus on developing innovative products, such as vegetarian capsules, to provide an effective dosage of gamma oryzanol. Vegetarian capsules leverage natural antioxidants and aim to offer health-promoting benefits conveniently, addressing consumer preferences for clean-label and nutrient-rich options. For instance, in June 2021, Ricela Group, an India-based company that produces refined rice bran oil, launched Gamma Oryzanol as a vegetarian capsule. The product provides an effective dosage of 300 mg daily, with each capsule containing 150 mg of Gamma Oryzanol. The initiative aims to leverage the health benefits of Gamma Oryzanol, which is known to help prevent lifestyle diseases, support muscle strength, and serve as an antioxidant, among other uses.
The gamma oryzanol market covered in this report is segmented –
1) By Component: 24-Methylene Cycloartanyl Ferulate, Campesteryl Ferulate, Cycloartenyl Ferulate
2) By Application: Sports Supplements, Cosmetics, Animal Feed, Pharmaceuticals
3) By Distribution Channel: Online, Offline
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Regional Insights –
Europe was the largest region in the gamma oryzanol market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gamma oryzanol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the gamma oryzanol market are Merck KGaA, Fujifilm Corporation, Swanson Health Products Inc., ChromaDex Inc., Tokyo Chemical Industry Co. Ltd., Jedwards International Inc., Shanghai Freemen LLC, Green Stone Swiss Co. Ltd, Henry Lamotte Oils GmbH, Sunrise Nutrachem Group Co. Ltd., NutriScience Innovations LLC, Xi’an Realin Biotechnology Co. Ltd., Ricela Group, Kangcare Bioindustry Co. Ltd., Honson Pharmatech Group, TSUNO Group, Jining Ankang Pharmaceutical Co. Ltd., Source Naturals Inc., Puyer Group Ltd., Otto Chemie Pvt. Ltd., Oryza Oil And Fat Chemical Co. Ltd., Fengchen Group Co. Ltd., Aryan Group., Suzhou Greenway Biotech Co. Ltd
Table of Contents
1. Executive Summary
2. Gamma Oryzanol Market Report Structure
3. Gamma Oryzanol Market Trends And Strategies
4. Gamma Oryzanol Market – Macro Economic Scenario
5. Gamma Oryzanol Market Size And Growth
…..
27. Gamma Oryzanol Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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