Oryzanol Market Size & Share, By Application (Pharmaceuticals, Cosmetic, & Nutraceuticals & sports supplements), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Market Outlook:

Oryzanol Market crossed USD 2.94 Billion in 2023 and is expected to exceed USD 10.18 Billion by end of the year 2032, observing around 14.8% CAGR between 2024 and 2032.

• Base Year Value (2023): USD 2.94 Billion
• CAGR (2024-2032): 14.8%
• Forecast Year Value (2032): USD 10.18 Billion
• Historical Data Period: 2019-2023
• Largest Region: North America
• Forecast Period: 2024-2032

Market Dynamics:

Growth Drivers & Opportunity:

The increasing consumer awareness regarding the health benefits of oryzanol, coupled with the rising demand for natural ingredients in food and pharmaceutical products, is expected to drive the growth of the oryzanol market. Additionally, the growing research and development activities to explore new applications of oryzanol in various industries are likely to create lucrative opportunities for market players.

Report Scope

Report Coverage	Details
Segments Covered	Source, Form, Application
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Oryza Oil and Fat Chemical, TSUNO, Henry Lamotte Oils, Okayasu, Delekang Food, Jining Ankang Pharmaceuticals, Kangcare, Shanghai Freemen LLC, Sunrise Nutrachem Group, Kangcare Bioindustry, Zheijang Delekang Food Co.,

Industry Restraints:

The high production costs associated with oryzanol extraction and the limited availability of raw materials may hinder the market growth. Moreover, the lack of standardized regulations and certifications for oryzanol products could pose a challenge for market expansion.

Regional Forecast:

North America:

The North America oryzanol market is expected to witness significant growth, driven by the increasing consumer awareness regarding the health benefits of oryzanol consumption. The United States and Canada are the key countries contributing to the growth of the market in this region. In the United States, the demand for oryzanol is rising due to the increasing prevalence of lifestyle diseases and the growing adoption of healthier dietary habits among consumers. In Canada, the market is also witnessing growth, supported by the rising interest in natural and plant-based ingredients in food and supplements.

Asia Pacific:

In the Asia Pacific region, countries such as China, Japan, and South Korea are expected to drive the growth of the oryzanol market. In China, the market is growing rapidly due to the increasing demand for functional food and dietary supplements that offer health benefits. Japan is another key market for oryzanol, with a strong focus on natural and organic ingredients in food and beverages. South Korea is also witnessing growth in the oryzanol market, driven by the rising awareness about the benefits of oryzanol in promoting heart health and reducing cholesterol levels.

Europe:

In Europe, countries like the United Kingdom, Germany, and France are expected to contribute significantly to the growth of the oryzanol market. In the United Kingdom, the market is driven by the increasing consumer preference for natural and organic products, as well as the growing demand for functional food and beverages with added health benefits. Germany is another key market for oryzanol, with a strong emphasis on the use of natural ingredients in food and supplements. France is also witnessing growth in the oryzanol market, supported by the increasing focus on preventive healthcare and the rising demand for dietary supplements.

Segmentation Analysis:

In terms of segmentation, the global Oryzanol market is analyzed on the basis of Source, Form, Application.

Pharmaceuticals:

The Oryzanol market for pharmaceutical applications is driven by the increasing prevalence of chronic diseases and the growing demand for natural and organic ingredients in medication. Oryzanol is known for its cholesterol-lowering properties, making it a popular choice for formulating drugs for cardiovascular health. The rising awareness about the benefits of Oryzanol in managing conditions like high cholesterol and diabetes is expected to drive the growth of this segment in the coming years.

Cosmetic:

In the cosmetic industry, Oryzanol is gaining popularity as a key ingredient in skincare and haircare products due to its antioxidant and anti-inflammatory properties. The demand for natural and plant-based products in the beauty and personal care market is fueling the growth of Oryzanol in cosmetic applications. Oryzanol is used in formulations for anti-aging creams, sunscreens, and hair serums, among other products, creating new opportunities for market expansion.

Nutraceuticals & sports supplements:

The nutraceuticals and sports supplements segment of the Oryzanol market is experiencing significant growth, driven by the increasing focus on health and wellness among consumers. Oryzanol is widely used in dietary supplements, energy bars, and sports nutrition products for its potential to improve endurance, muscle recovery, and overall physical performance. The rising demand for natural and plant-based ingredients in the nutraceutical and sports supplement industry is expected to drive the growth of Oryzanol in this segment.

Competitive Landscape:

The competitive landscape in the Oryzanol Market is characterized by a mix of established companies and emerging players, all vying for market share in a growing industry driven by rising consumer awareness regarding health benefits and increasing applications in food and pharmaceutical sectors. Key players are focusing on product innovation, strategic partnerships, and expanding their distribution networks to enhance their market presence. Additionally, the trend towards natural and plant-based ingredients is shaping the competitive dynamics as companies invest in sustainable sourcing and production methods. The market is marked by continuous research and development efforts to improve the efficacy of oryzanol formulations, thus contributing to increasing competition among leading manufacturers.

Top Market Players

- Daiwa Can Company

- Kosei Mineral Oil Co., Ltd.

- Kewpie Corporation

- Fujimoto Pharmaceutical Co., Ltd.

- A&A Fratelli Parodi S.p.A.

- Olvi Group

- Kondo Seiyaku Co., Ltd.

- Lonza Group AG

- Cargill, Incorporated

- AstaTech, Inc.