Rice Bran Oil Market

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from $4,850	158 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19224167

Best Price Guarantee
Price	from $4,850
Length	158 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19224167

Rice Bran Oil Market

Growth Factors of Rice Bran Oil Market

The Rice Bran Oil market size was valued at USD 7.86 billion in 2023, and the market is now projected to grow from USD 8.55 billion in 2024 to USD 18.35 billion by 2032, exhibiting a CAGR of 10.02% during the forecast period of 2024-2032.

Within the year 2020, the flare-up of the novel coronavirus pandemic caused turbulence in the rice bran oil market growth and postured phenomenal challenges on the nourishment preparing industry. The sudden lockdown, deficiency of workforce and climb in cargo charges altogether affected each industry, counting the oil industry. In any case, the fear of COVID-19 infection had affected buyers to buy resistance boosting nourishment fixings, which expanded the demand of rice bran oil.

In later a long time, shoppers have been receiving noteworthy changes in dietary designs, counting embracing unused diets such as veganism. Logical considers distributed within the American Journal of Clinical Nourishment have expressed that receiving a vegetarian diet help diminish weight, avoid type-2 diabetes, and give other wellbeing benefits. The selection of such oil is increasing among shoppers trying to find environment-friendly cooking fixings. It moreover acts as a cheaper substitute for other vegetable oils such as olive oil. Consequently, the request for the item is anticipated to rise within the forthcoming period.

This oil incorporates a higher smoke point than other oils and hence, it is utilized broadly in the preparation of different sorts of cuisines that require high warming temperatures. Eateries in numerous nations, transcendently Asian nations, plan nourishment formulas that require high warm points. Consequently, different cooking joints, restaurants, and eateries slowly receive this oil to plan distinctive nourishment things. Eatery chains are moreover receiving these items to progress the nourishment profile of food items. For occasion, one of the driving QSR chains, KFC has exchanged to rice bran oil for cooking and is being utilized in nearly all the areas of KFC all over the globe.

Comprehensive Analysis of Rice Bran Oil Market

The utilize of refined rice bran-based oil for cooking nourishment items has been related with a few wellbeing benefits such as keeping up sound cholesterol levels and moving forward heart wellbeing. Rice bran-based oil is wealthy in minerals and proteins, making it a more beneficial elective over other eatable oils accessible within the showcase. As one of the most utilized ingredients required for cooking healthy food items is oil, buyers are getting to be more concerned around choosing the correct oil beneficial for their wellbeing. This oil is additionally utilized within the makeup and pharmaceutical businesses because it is wealthy in different vitamins and antioxidants. Additionally, it is further utilized as a base oil for fabricating distinctive creams and oils. Skincare items comprising such oil too secure against UV beams produced from daylight.

Asia Pacific is the biggest producer and shopper of rice bran-based oil universally with an esteem valuation of USD 6.05 Billion dominating the rice bran oil market share. A few of the major rice fabricating nations such as China, India, and Japan are show within the region. Rice bran is one of the major by-products gotten from rice processing, and the oil gotten from handling the rice bran is utilized as cooking oil and fabricating corrective items. In Japan, this oil is known as the 'heart oil' due to its useful impacts on the cardiovascular patients. The rise in expendable wage in a few rising economies such as India and China collectively surge the request for premium healthy nourishment ingredients, counting this oil. Larger part of such oil providers is accessible primarily in Asia Pacific nations that send out these items to other districts.

The competitive scenario of the rice bran oil market is exceedingly divided, with a few territorial and neighborhood players competing with each other to extend their advertise nearness. A few of the major producers within the worldwide market includes: Marico (India), Adani Wilmar (India), BCL Industries Limited (India), Modi Naturals (India), 3F Industries (India), California Rice Oil Company (U.S.), King Rice Oil Group (Thailand), Conagra Foods (U.S.), BCL Industries Limited (India) and Sethia Oils Ltd. (India).

In April 2023, the company Chhen Chandara, proprietor of Cambodian Rice Bran Oil Co Ltd., opened a modern rice bran oil generation unit in Battambang region, Columbia. The plant points at refining 6 tons of oil/day and would offer their items to the neighborhood shoppers after Khmer New Year Celebrations.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Unit Value (USD Billion)

Growth Rate CAGR of 10.02% from 2024 to 2032

Segmentation By Type

Refined
Non-Refined

By Application

Food Processing
Cosmetics
Pharmaceuticals
Others

By Geography

North America (By Type, Application, and Country)
U.S. (By Application)
Canada (By Application)
Mexico (By Application)
Europe (By Type, Application, and Country)
U.K. (By Application)
Germany (By Application)
France (By Application)
Spain (By Application)
Rest of Europe (By Application)
Asia Pacific (By Type, Application, and Country)
China (By Application)
India (By Application)
Japan (By Application)
Rest of Asia Pacific (By Application)
South America (By Type, Application, and Country)
Brazil (By Application)
Argentina (By Application)
Rest of South America (By Application)
Middle East & Africa (By Type, Application, and Country)
Saudi Arabia (By Application)
South Africa (By Application)
Rest of Middle East & Africa (By Application)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Overview of the Parent/Related Markets; 4.2. Industry SWOT Analysis; 4.3. Supply Chain Analysis; 4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions; 4.5. Qualitative Analysis Related to COVID-19; 4.5.1. Impact of COVID-19 on the Market; 4.5.2. Supply Chain Challenges amidst Pandemic; 4.5.3. Potential Opportunities due to this Global Crisis
5. Global Rice Bran Oil Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. Market Size Estimates and Forecast; 5.2.1. By Type; 5.2.1.1. Refined; 5.2.1.2. Non-Refined; 5.2.2. By Application; 5.2.2.1. Food Processing; 5.2.2.2. Cosmetics; 5.2.2.3. Pharmaceuticals; 5.2.2.4. Others; 5.2.3. By Region; 5.2.3.1. North America; 5.2.3.2. Europe; 5.2.3.3. Asia Pacific; 5.2.3.4. South America; 5.2.3.5. Middle East & Africa
6. North America Rice Bran Oil Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. Market Size Estimates and Forecast; 6.2.1. By Type; 6.2.1.1. Refined; 6.2.1.2. Non-Refined; 6.2.2. By Application; 6.2.2.1. Food Processing; 6.2.2.2. Cosmetics; 6.2.2.3. Pharmaceuticals; 6.2.2.4. Others; 6.2.3. By Country (Value); 6.2.3.1. U.S.; 6.2.3.1.1. By Application; 6.2.3.1.1.1. Food Processing; 6.2.3.1.1.2. Cosmetics; 6.2.3.1.1.3. Pharmaceuticals; 6.2.3.1.1.4. Others; 6.2.3.2. Canada; 6.2.3.2.1. By Application; 6.2.3.2.1.1. Food Processing; 6.2.3.2.1.2. Cosmetics; 6.2.3.2.1.3. Pharmaceuticals; 6.2.3.2.1.4. Others; 6.2.3.3. Mexico; 6.2.3.3.1. By Application; 6.2.3.3.1.1. Food Processing; 6.2.3.3.1.2. Cosmetics; 6.2.3.3.1.3. Pharmaceuticals; 6.2.3.3.1.4. Others
7. Europe Rice Bran Oil Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. Market Size Estimates and Forecast; 7.2.1. By Type; 7.2.1.1. Refined; 7.2.1.2. Non-Refined; 7.2.2. By Application; 7.2.2.1. Food Processing; 7.2.2.2. Cosmetics; 7.2.2.3. Pharmaceuticals; 7.2.2.4. Others; 7.2.3. By Country (Value); 7.2.3.1. Germany; 7.2.3.1.1. By Application; 7.2.3.1.1.1. Food Processing; 7.2.3.1.1.2. Cosmetics; 7.2.3.1.1.3. Pharmaceuticals; 7.2.3.1.1.4. Others; 7.2.3.2. France; 7.2.3.2.1. By Application; 7.2.3.2.1.1. Food Processing; 7.2.3.2.1.2. Cosmetics; 7.2.3.2.1.3. Pharmaceuticals; 7.2.3.2.1.4. Others; 7.2.3.3. U.K.; 7.2.3.3.1. By Application; 7.2.3.3.1.1. Food Processing; 7.2.3.3.1.2. Cosmetics; 7.2.3.3.1.3. Pharmaceuticals; 7.2.3.3.1.4. Others; 7.2.3.4. Spain; 7.2.3.4.1. By Application; 7.2.3.4.1.1. Food Processing; 7.2.3.4.1.2. Cosmetics; 7.2.3.4.1.3. Pharmaceuticals; 7.2.3.4.1.4. Others; 7.2.3.5. Rest of Europe; 7.2.3.5.1. By Application; 7.2.3.5.1.1. Food Processing; 7.2.3.5.1.2. Cosmetics; 7.2.3.5.1.3. Pharmaceuticals; 7.2.3.5.1.4. Others
8. Asia Pacific Rice Bran Oil Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. Market Size Estimates and Forecast; 8.2.1. By Type; 8.2.1.1. Refined; 8.2.1.2. Non-Refined; 8.2.2. By Application; 8.2.2.1. Food Processing; 8.2.2.2. Cosmetics; 8.2.2.3. Pharmaceuticals; 8.2.2.4. Others; 8.2.3. By Country (Value); 8.2.3.1. China; 8.2.3.1.1. By Application; 8.2.3.1.1.1. Food Processing; 8.2.3.1.1.2. Cosmetics; 8.2.3.1.1.3. Pharmaceuticals; 8.2.3.1.1.4. Others; 8.2.3.2. India; 8.2.3.2.1. By Application; 8.2.3.2.1.1. Food Processing; 8.2.3.2.1.2. Cosmetics; 8.2.3.2.1.3. Pharmaceuticals; 8.2.3.2.1.4. Others; 8.2.3.3. Japan; 8.2.3.3.1. By Application; 8.2.3.3.1.1. Food Processing; 8.2.3.3.1.2. Cosmetics; 8.2.3.3.1.3. Pharmaceuticals; 8.2.3.3.1.4. Others; 8.2.3.4. Rest of Asia Pacific; 8.2.3.4.1. By Application; 8.2.3.4.1.1. Food Processing; 8.2.3.4.1.2. Cosmetics; 8.2.3.4.1.3. Pharmaceuticals; 8.2.3.4.1.4. Others
9. South America Rice Bran Oil Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. Market Size Estimates and Forecast; 9.2.1. By Type; 9.2.1.1. Refined; 9.2.1.2. Non-Refined; 9.2.2. By Application; 9.2.2.1. Food Processing; 9.2.2.2. Cosmetics; 9.2.2.3. Pharmaceuticals; 9.2.2.4. Others; 9.2.3. By Country (Value); 9.2.3.1. Brazil; 9.2.3.1.1. By Application; 9.2.3.1.1.1. Food Processing; 9.2.3.1.1.2. Cosmetics; 9.2.3.1.1.3. Pharmaceuticals; 9.2.3.1.1.4. Others; 9.2.3.2. Argentina; 9.2.3.2.1. By Application; 9.2.3.2.1.1. Food Processing; 9.2.3.2.1.2. Cosmetics; 9.2.3.2.1.3. Pharmaceuticals; 9.2.3.2.1.4. Others; 9.2.3.3. Rest of South America; 9.2.3.3.1. By Application; 9.2.3.3.1.1. Food Processing; 9.2.3.3.1.2. Cosmetics; 9.2.3.3.1.3. Pharmaceuticals; 9.2.3.3.1.4. Others
10. Middle East & Africa Rice Bran Oil Market Analysis, Insights and Forecast, 2019-2032: 10.1. Key Findings / Summary; 10.2. Market Size Estimates and Forecast; 10.2.1. By Type; 10.2.1.1. Refined; 10.2.1.2. Non-Refined; 10.2.2. By Application; 10.2.2.1. Food Processing; 10.2.2.2. Cosmetics; 10.2.2.3. Pharmaceuticals; 10.2.2.4. Others; 10.2.3. By Country (Value); 10.2.3.1. Saudi Arabia; 10.2.3.1.1. By Application; 10.2.3.1.1.1. Food Processing; 10.2.3.1.1.2. Cosmetics; 10.2.3.1.1.3. Pharmaceuticals; 10.2.3.1.1.4. Others; 10.2.3.2. South Africa; 10.2.3.2.1. By Application; 10.2.3.2.1.1. Food Processing; 10.2.3.2.1.2. Cosmetics; 10.2.3.2.1.3. Pharmaceuticals; 10.2.3.2.1.4. Others; 10.2.3.3. Rest of Middle East & Africa; 10.2.3.3.1. By Application; 10.2.3.3.1.1. Food Processing; 10.2.3.3.1.2. Cosmetics; 10.2.3.3.1.3. Pharmaceuticals; 10.2.3.3.1.4. Others
11. Competitive Matrix: 11.1. Business Strategies Adopted by Leading Players; 11.2. Global Rice Bran Oil Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2019
12. Company Profiles: 12.1. Modi Naturals; 12.1.1. Overview; 12.1.2. Description; 12.1.3. Product Portfolio; 12.1.4. Financials (Data as available in public domain and/or on paid databases); 12.1.5. Recent Developments; 12.2. Marico; 12.2.1. Overview; 12.2.2. Description; 12.2.3. Product Portfolio; 12.2.4. Financials (Data as available in public domain and/or on paid databases); 12.2.5. Recent Developments; 12.3. Adani Wilmar; 12.3.1. Overview; 12.3.2. Description; 12.3.3. Product Portfolio; 12.3.4. Financials (Data as available in public domain and/or on paid databases); 12.3.5. Recent Developments; 12.4. Conagra Foods; 12.4.1. Overview; 12.4.2. Description; 12.4.3. Product Portfolio; 12.4.4. Financials (Data as available in public domain and/or on paid databases); 12.4.5. Recent Developments; 12.5. BCL Industries Limited; 12.5.1. Overview; 12.5.2. Description; 12.5.3. Product Portfolio; 12.5.4. Financials (Data as available in public domain and/or on paid databases); 12.5.5. Recent Developments; 12.6. King Rice Oil Group; 12.6.1. Overview; 12.6.2. Description; 12.6.3. Product Portfolio; 12.6.4. Financials (Data as available in public domain and/or on paid databases); 12.6.5. Recent Developments; 12.7. California Rice Oil Company; 12.7.1. Overview; 12.7.2. Description; 12.7.3. Product Portfolio; 12.7.4. Financials (Data as available in public domain and/or on paid databases); 12.7.5. Recent Developments; 12.8. Ricela Health Foods Ltd.; 12.8.1. Overview; 12.8.2. Description; 12.8.3. Product Portfolio; 12.8.4. Financials (Data as available in public domain and/or on paid databases); 12.8.5. Recent Developments; 12.9. 3F Industries Ltd.; 12.9.1. Overview; 12.9.2. Description; 12.9.3. Product Portfolio; 12.9.4. Financials (Data as available in public domain and/or on paid databases); 12.9.5. Recent Developments; 12.10. Sethia Oils Ltd.; 12.10.1. Overview; 12.10.2. Description; 12.10.3. Product Portfolio; 12.10.4. Financials (Data as available in public domain and/or on paid databases); 12.10.5. Recent Developments
13. Appendix