Gamma Oryzanol
Gamma Oryzanol Market Size, Share & Trends Analysis Report, by Application (Cosmetics, Animal Feed, Nutraceuticals and Sports Supplements, and Pharmaceuticals) and Forecast, 2019-2025. Gamma oryzanol is primarily found in rice bran oil. It is a naturally occurring material that can be used as an ingredient in functional foods, nutraceuticals, drugs, cosmetics, and feeds. Gamma oryzanol may stimulate the release of endorphins and feel-good hormones in the body. Such hormones stimulate the pressure centers of the brain, which results in an elevation of the mood. In addition, gamma oryzanol contains oil-soluble and antioxidant properties, which in turn, is estimated to increase its importance in cosmetics products. The crucial factors boosting the growth of the market include significant growth in the animal feed industry and rising cosmetics market. The demand for cosmetic products has been rising steadily due to the remarkable growth in the aging population coupled with rising spending on skin-care products. As gamma oryzanol has potential antioxidant activity, it can play a vital role in delaying the skin aging process. Gamma oryzanol is regarded as an effective nutrient for the skin and is utilized in the whitening formulation, sunscreens, and skin products.
Geographically, Asia-Pacific is anticipated to witness significant growth in the market due to the high demand for cosmetic products and dietary supplements in the region. For instance, according to the International Trade Administration, South Korea is the 8th largest cosmetics market globally, representing nearly 3% of the global market. In 2016, the market size was estimated to be $8.5 billion; the total local production and total exports increased by approximately 21.6% and 46.8% respectively as compared to 2015. According to Korea Customs Service statistics, in South Korea, skincare cosmetics continued to be the largest import category at 47.5%, or $726 million, of total cosmetic imports in 2017. This shows increased demand for skin-care products in Asia-Pacific, which, in turn, is expected to boost the growth of the market in the region. Moreover, North America and Europe are anticipated to show significant growth due to increasing demand for sports nutrition products and a significant rise in the animal feed industry.
Some of the companies in the market include comprise Source Naturals Inc., Charkit Chemical Co. LLC, Sunrise Nutrachem Group, Oryza Oil & Fat Chemical Co., Ltd., and Ricela Health Foods Ltd. These players are offering gamma oryzanol to their customers for various applications such as cosmetics, animal feed, nutraceuticals and sports supplements, and pharmaceuticals.
Research Methodology
The market study of the global gamma oryzanol market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include-
• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.
The report is intended for gamma oryzanol and rice bran oil manufacturers, suppliers and distributors, healthcare organizations, animal welfare organizations, cosmetics industry, and others for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, different product offerings, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
Market Segmentation
• Global Gamma oryzanol Market Research and Analysis by Application
The Report Covers
• Comprehensive research methodology of the global gamma oryzanol market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global gamma oryzanol market.
• Insights about market determinants which are stimulating the global gamma oryzanol market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
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