Oryzanol Market Size
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
19-23
x.x %
24-32
x.x %
CAGR (2024-2032)
14.8%
19-23
x.x %
24-32
x.x %
Forecast Year Value (2032)
USD 10.18 Billion
19-23
x.x %
24-32
x.x %
Historical Data Period
2019-2023
Largest Region
North America
Forecast Period
2024-2032
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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.
Industry
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., |
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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.
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