Middle East And Africa Oryzenin Market | 2019-2024
Recent Developments
Axiom Foods Inc. is a food manufacturing company. It is the manufacturer and supplier of bulk plant protein ingredients, organic vegan protein powders, hexane free and allergen-free products. Axiom Foods was awarded first ‘method of use’ patent and awarded the fourth patent for Oryzenin Rice Protein. It also manufactures food product ingredients for food, beverage, nutraceutical, and specialty food industries.
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Market Segmentation
Market Data Forecast published a report named the Middle East and Africa Oryzenin Market. It was worth USD 9.51 million in 2019 and is expected to grow at a CAGR of 16.7%, to reach USD 20.88 million by 2024
Report segmented as:
Type:
- Isolates
- Concentrates
Application:
- Bakery and Confectionery
- Meat Analogs and Extenders
- Sports and Energy Nutrition
- Dairy Alternatives
- Beverages
Based on the type, Concentrates hold the largest market share as it is cost-effective than isolates. Under the application, Sports and Energy Nutrition is expected to be the largest market segment because of the increase in demand for energy drinks and organic rice proteins for athletes for muscle recovery.
Geographical Segmentation
On the basis of geography, the market is analyzed under various regions namely the Middle East and Africa.
Key Market Players:
- Axiom Foods, Inc.
- AIDP Inc.
- RiceBran Technologies
- Kerry Group Plc.
- BENEO GmbH, Ribus, Inc.
- Green Labs LLC
- Golden Grain Group Limited
- Shaanxi Fuheng (FH) Biotechnology Co., Ltd.
- Bioway (Xi'an) Organic Ingredients Co., Ltd.
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The Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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