A reinforced alloy powder whose grains forming particles of the reinforced alloy powder comprise a metal matrix, the metal matrix consisting of an iron-based alloy, a nickel-based alloy or an aluminum-based alloy, in a volume of which crystalline oxide particles are dispersed having a median diameter (d50) between 1 nm and 500 nm and comprising at least one oxide selected from Y2O3, TiO2, Al2O3, HfO2, SiO2, ZrO2, ThO2, MgO Al2O3, Y2Ti2O7, and Y2TiO5,
- the reinforced alloy comprising a metal atom selected from the group consisting of yttrium, titanium, iron, chromium, tungsten, silicon, zirconium, thorium, magnesium, aluminum and hafnium,
- the crystalline oxide particles comprising 80% to 100% by weight of said metal atom contained in a whole of the reinforced alloy,
- the particles of the reinforced alloy powder having an average circularity coefficient measured according to standard ISO-9276-6 edition 2008 that is between 0.95 and 1.