The global gamma oryzanol market size is estimated to reach USD 2.78 billion by 2030, registering to grow at a CAGR of 3.6% from 2024 to 2030 according to a new report by Grand View Research, Inc. Increasing consumer awareness towards a healthy lifestyle is expected to drive product demand over the next seven years.
Improper diet intake coupled with rising health treatment expenditure has urged consumers to switch to alternatives, such as dietary supplements, that offers a balanced diet. Gamma oryzanol plays a significant role in boosting good cholesterol and minimize adverse impacts of unhealthy diet intake.
Rapid urbanization coupled with increasing participation in health clubs and fitness activities are expected to play a vital role in industry growth over the forecast period. High product price along with the lack of consumer awareness are expected to remain major factors hindering market growth.
Technological innovation in the industry includes research initiatives to enhance yield rate from rice bran oil that is anticipated to reduce production costs and enable market players to attain economies of scale. Ongoing technological innovations along with increasing R&D spending is expected to provide significant opportunities for gamma oryzanol manufacturers over the forecast period.
Sports supplement emerged as the principal application segment and accounted for over 40% of total revenue in 2014. The segment is anticipated to witness moderate growth rate owing to high requirement of gamma oryzanol as an essential supplement for sports nutrition.
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The global gamma oryzanol market size was valued at USD 2.15 billion in 2023 and is projected to grow at a CAGR of 3.6% from 2024 to 2030.
Sports supplements led the market with a market share of 46.1% in 2023. Research suggests that gamma oryzanol can enhance physical strength and stamina, making it an attractive ingredient for post-workout supplements and sports vitamins.
Cosmetic applications are expected to register the fastest CAGR of 4.3% over the forecast period.
Europe gamma oryzanol market dominated the global gamma oryzanol market with a revenue share of 33.5% in 2023.
Grand View Research has segmented the global gamma oryzanol market based on application, and region:
Gamma Oryzanol Application Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
Sports Supplement
Cosmetic
Pharmaceutical
Animal Feed
Gamma Oryzanol Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
India
Latin America
MEA
List of Key Players in the Gamma Oryzanol Market
Merck KGaA
FUJIFILM Wako Pure Chemical Corporation
Swanson
ChromaDex Standards
Tokyo Chemical Industry (India) Pvt. Ltd.
Jedwards International, Inc.
Henry Lamotte Oils GmbH
Ricela Health Foods Ltd.
www.kangcare.com.
TSUNO CO., LTD.
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