Global Rice Bran Derivatives Market Size, Share & Industry Trends Analysis Report By Application (Food & Beverage, Animal Feed, Cosmetics & Personal Care, Biofuel, Pharmaceuticals & Nutraceuticals), By Product, By Regional Outlook and Forecast, 2022 - 2028
The Global Rice Bran Derivatives Market size is expected to reach $9 billion by 2028, rising at a market growth of 5.0% CAGR during the forecast period.
The derivatives extracted from the bran of rice are called rice bran derivatives. Many different types of derivatives can be extracted from the rice bran owing to its dense chemical composition. The active elements in rice bran are abundant, including lipids, oryzanol, vitamins, proteins, carbohydrates, calcium, iron, manganese, potassium, sodium, magnesium, zinc, and other vital minerals for human health.
Rice bran oil, wax, and other products can all be made from rice bran. Rice bran products are also known for their characteristic blood cholesterol level-lowering properties. In animal and poultry feed, rice bran has taken the position of corn and other raw materials, and several studies. The intestinal tract, appetizer, and qi are all functions of rice bran, which can cure cancer and other diseases like beriberi.
Tocopherols, gamma oryzanol, and tocotrienols are the three components of rice bran oil that are created. These crucial elements are significant antioxidants that offer enhanced nutraceutical benefits and several health advantages, including improved nervous system function, reduced risk of stomach issues, lowered cholesterol, increased immunity, and reduced chance of cancer.
Throughout the forecast period, there will probably be a steady price trend for rice bran oil due to the wide availability of raw ingredients in rice, especially in Asian nations. India, Thailand, China, Japan, and Vietnam are among the nations with the highest concentration of production. Therefore, in order to create a standardized scientific standard and concentrate on value-added products, the ICRBO (International Council of Rice Bran Oil) was founded.
COVID-19 Impact Analysis
Customers' desire for dietary components that promote immunity rose considerably following the coronavirus pandemic. As a result, firms emphasized the product's benefits through aggressive marketing and promotional strategies, which increased usage. In addition, customers' demand for healthy items increased due to COVID-19's considerable negative effects on and attacks on those with pre-existing medical issues, such as cardiovascular disease. Therefore, the pandemic had an overall positive impact on the rice bran derivatives market.
Market Growth Factors
Increasing awareness about the benefits of rice bran products
Rice bran oil is used in the cosmetic and pharmaceutical industries because of the plentiful vitamins and antioxidants it contains. In addition, it functions as a fundamental oil for creating additional creams and oils. Companies are now releasing hair oils made from rice bran since it nourishes the hair. In addition, because this oil contains many linoleic acids, it penetrates the skin. Also, it is commonly used in the animal feed industry to improve the fur coat of animals like horses. Therefore, the rice bran derivatives market will expand in the coming years because of the expanding use of rice bran derivatives and the increasing awareness about the product's benefits.
Rising trend of veganism in the world
The availability of numerous rice-based products, like protein powders, supplements, etc., are consumable in a vegan diet. As a consequence, it is projected that the product will become more popular in the near future. Plant-based diets are becoming popular, and a 2019 UN report suggests that a plant-based diet can help prevent climate change. According to the projection, beef and lamb account for nearly half of the food emissions. Hence, veganism is growing worldwide, especially in industrialized nations, and thereby aids in expanding the market.
Market Restraining Factors
Ill effects associated with the overuse of rice bran oil
Rice bran oil may be a safe substitute for edible oil. But certain factors govern the purity and efficiency of rice bran products. Because it could be contaminated with pesticide residue and heavy metals, people shouldn't use crude rice bran oil. Rice bran oil should only be consumed in moderation if people suffer from gastrointestinal issues. Those lacking calcium should avoid consuming rice bran oil, which could further reduce blood calcium levels. Therefore, all these elements discourage the use of rice bran oil and significantly impact its demand. As a result, the growth of rice bran derivatives market is hampered.
Product Outlook
Based on product, the rice bran derivatives market is categorized into rice bran oil and rice bran meal. The rice bran meal segment procured a considerable growth rate in the rice bran derivatives market in 2021. Due to its excellent nutritional content, rice bran meal, a rice milling byproduct, is becoming increasingly popular as an element in animal feed. High-quality animal feed is in greater demand as consumer demand for dairy, meat, and other animal products increases worldwide. A desirable element for livestock feed, rice bran meal is a great source of protein, energy, and vital fatty acids.
Application Outlook
On the basis of application, the rice bran derivatives market is divided into food & beverage, animal feed, cosmetics & personal care, biofuel, pharmaceuticals & nutraceuticals, and others. The food and beverage segment acquired the largest revenue share in the rice bran derivatives market in 2021. Due to their useful qualities and nutritional advantages, rice bran derivatives are being used in food and beverage production at an increasing rate. For example, rice bran protein is emerging as a high-quality protein source made from the rice bran's protein-rich fraction.
Regional Outlook
Based on region, the rice bran derivatives market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment garnered the maximum revenue share in the rice bran derivatives market in 2021. Because raw materials are readily available throughout the region, there is a considerable demand for items made from rice bran. China, Japan, and India are the main producers of rice bran and rice in the region. The key factors influencing demand for the market are the rise in the proportion of health-conscious consumers and the health advantages provided by rice bran.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Wilmar International Limited, A.P. Refinery Private Limited, Cargill, Incorporated, BCL Industries Limited, Riceland Foods, Inc., Agrotech International Limited (AIL), RiceBran Technologies, Golden Grain Group Limited, and Agro Tech Foods Limited (CAG – Tech (Mauritius) Limited)
Scope of the Study
Market Segments covered in the Report:
By Application
- Food & Beverage
- Animal Feed
- Cosmetics & Personal Care
- Biofuel
- Pharmaceuticals & Nutraceuticals
- Others
- Rice Bran Oil
- Rice Bran Meal
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
- Archer Daniels Midland Company
- Wilmar International Limited
- A.P. Refinery Private Limited
- Cargill, Incorporated
- BCL Industries Limited
- Riceland Foods, Inc.
- Agrotech International Limited (AIL)
- RiceBran Technologies
- Golden Grain Group Limited
- Agro Tech Foods Limited (CAG – Tech (Mauritius) Limited)
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Global Rice Bran Derivatives Market, by Application
- 1.4.2 Global Rice Bran Derivatives Market, by Product
- 1.4.3 Global Rice Bran Derivatives Market, by Geography
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Global Rice Bran Derivatives Market by Application
- 3.1 Global Food & Beverage Market by Region
- 3.2 Global Animal Feed Market by Region
- 3.3 Global Cosmetics & Personal Care Market by Region
- 3.4 Global Biofuel Market by Region
- 3.5 Global Pharmaceuticals & Nutraceuticals Market by Region
- 3.6 Global Others Market by Region
- Chapter 4. Global Rice Bran Derivatives Market by Product
- 4.1 Global Rice Bran Oil Market by Region
- 4.2 Global Rice Bran Meal Market by Region
- Chapter 5. Global Rice Bran Derivatives Market by Region
- 5.1 North America Rice Bran Derivatives Market
- 5.1.1 North America Rice Bran Derivatives Market by Application
- 5.1.1.1 North America Food & Beverage Market by Country
- 5.1.1.2 North America Animal Feed Market by Country
- 5.1.1.3 North America Cosmetics & Personal Care Market by Country
- 5.1.1.4 North America Biofuel Market by Country
- 5.1.1.5 North America Pharmaceuticals & Nutraceuticals Market by Country
- 5.1.1.6 North America Others Market by Country
- 5.1.2 North America Rice Bran Derivatives Market by Product
- 5.1.2.1 North America Rice Bran Oil Market by Country
- 5.1.2.2 North America Rice Bran Meal Market by Country
- 5.1.3 North America Rice Bran Derivatives Market by Country
- 5.1.3.1 US Rice Bran Derivatives Market
- 5.1.3.1.1 US Rice Bran Derivatives Market by Application
- 5.1.3.1.2 US Rice Bran Derivatives Market by Product
- 5.1.3.2 Canada Rice Bran Derivatives Market
- 5.1.3.2.1 Canada Rice Bran Derivatives Market by Application
- 5.1.3.2.2 Canada Rice Bran Derivatives Market by Product
- 5.1.3.3 Mexico Rice Bran Derivatives Market
- 5.1.3.3.1 Mexico Rice Bran Derivatives Market by Application
- 5.1.3.3.2 Mexico Rice Bran Derivatives Market by Product
- 5.1.3.4 Rest of North America Rice Bran Derivatives Market
- 5.1.3.4.1 Rest of North America Rice Bran Derivatives Market by Application
- 5.1.3.4.2 Rest of North America Rice Bran Derivatives Market by Product
- 5.2 Europe Rice Bran Derivatives Market
- 5.2.1 Europe Rice Bran Derivatives Market by Application
- 5.2.1.1 Europe Food & Beverage Market by Country
- 5.2.1.2 Europe Animal Feed Market by Country
- 5.2.1.3 Europe Cosmetics & Personal Care Market by Country
- 5.2.1.4 Europe Biofuel Market by Country
- 5.2.1.5 Europe Pharmaceuticals & Nutraceuticals Market by Country
- 5.2.1.6 Europe Others Market by Country
- 5.2.2 Europe Rice Bran Derivatives Market by Product
- 5.2.2.1 Europe Rice Bran Oil Market by Country
- 5.2.2.2 Europe Rice Bran Meal Market by Country
- 5.2.3 Europe Rice Bran Derivatives Market by Country
- 5.2.3.1 Germany Rice Bran Derivatives Market
- 5.2.3.1.1 Germany Rice Bran Derivatives Market by Application
- 5.2.3.1.2 Germany Rice Bran Derivatives Market by Product
- 5.2.3.2 UK Rice Bran Derivatives Market
- 5.2.3.2.1 UK Rice Bran Derivatives Market by Application
- 5.2.3.2.2 UK Rice Bran Derivatives Market by Product
- 5.2.3.3 France Rice Bran Derivatives Market
- 5.2.3.3.1 France Rice Bran Derivatives Market by Application
- 5.2.3.3.2 France Rice Bran Derivatives Market by Product
- 5.2.3.4 Russia Rice Bran Derivatives Market
- 5.2.3.4.1 Russia Rice Bran Derivatives Market by Application
- 5.2.3.4.2 Russia Rice Bran Derivatives Market by Product
- 5.2.3.5 Spain Rice Bran Derivatives Market
- 5.2.3.5.1 Spain Rice Bran Derivatives Market by Application
- 5.2.3.5.2 Spain Rice Bran Derivatives Market by Product
- 5.2.3.6 Italy Rice Bran Derivatives Market
- 5.2.3.6.1 Italy Rice Bran Derivatives Market by Application
- 5.2.3.6.2 Italy Rice Bran Derivatives Market by Product
- 5.2.3.7 Rest of Europe Rice Bran Derivatives Market
- 5.2.3.7.1 Rest of Europe Rice Bran Derivatives Market by Application
- 5.2.3.7.2 Rest of Europe Rice Bran Derivatives Market by Product
- 5.3 Asia Pacific Rice Bran Derivatives Market
- 5.3.1 Asia Pacific Rice Bran Derivatives Market by Application
- 5.3.1.1 Asia Pacific Food & Beverage Market by Country
- 5.3.1.2 Asia Pacific Animal Feed Market by Country
- 5.3.1.3 Asia Pacific Cosmetics & Personal Care Market by Country
- 5.3.1.4 Asia Pacific Biofuel Market by Country
- 5.3.1.5 Asia Pacific Pharmaceuticals & Nutraceuticals Market by Country
- 5.3.1.6 Asia Pacific Others Market by Country
- 5.3.2 Asia Pacific Rice Bran Derivatives Market by Product
- 5.3.2.1 Asia Pacific Rice Bran Oil Market by Country
- 5.3.2.2 Asia Pacific Rice Bran Meal Market by Country
- 5.3.3 Asia Pacific Rice Bran Derivatives Market by Country
- 5.3.3.1 China Rice Bran Derivatives Market
- 5.3.3.1.1 China Rice Bran Derivatives Market by Application
- 5.3.3.1.2 China Rice Bran Derivatives Market by Product
- 5.3.3.2 Japan Rice Bran Derivatives Market
- 5.3.3.2.1 Japan Rice Bran Derivatives Market by Application
- 5.3.3.2.2 Japan Rice Bran Derivatives Market by Product
- 5.3.3.3 India Rice Bran Derivatives Market
- 5.3.3.3.1 India Rice Bran Derivatives Market by Application
- 5.3.3.3.2 India Rice Bran Derivatives Market by Product
- 5.3.3.4 South Korea Rice Bran Derivatives Market
- 5.3.3.4.1 South Korea Rice Bran Derivatives Market by Application
- 5.3.3.4.2 South Korea Rice Bran Derivatives Market by Product
- 5.3.3.5 Singapore Rice Bran Derivatives Market
- 5.3.3.5.1 Singapore Rice Bran Derivatives Market by Application
- 5.3.3.5.2 Singapore Rice Bran Derivatives Market by Product
- 5.3.3.6 Malaysia Rice Bran Derivatives Market
- 5.3.3.6.1 Malaysia Rice Bran Derivatives Market by Application
- 5.3.3.6.2 Malaysia Rice Bran Derivatives Market by Product
- 5.3.3.7 Rest of Asia Pacific Rice Bran Derivatives Market
- 5.3.3.7.1 Rest of Asia Pacific Rice Bran Derivatives Market by Application
- 5.3.3.7.2 Rest of Asia Pacific Rice Bran Derivatives Market by Product
- 5.4 LAMEA Rice Bran Derivatives Market
- 5.4.1 LAMEA Rice Bran Derivatives Market by Application
- 5.4.1.1 LAMEA Food & Beverage Market by Country
- 5.4.1.2 LAMEA Animal Feed Market by Country
- 5.4.1.3 LAMEA Cosmetics & Personal Care Market by Country
- 5.4.1.4 LAMEA Biofuel Market by Country
- 5.4.1.5 LAMEA Pharmaceuticals & Nutraceuticals Market by Country
- 5.4.1.6 LAMEA Others Market by Country
- 5.4.2 LAMEA Rice Bran Derivatives Market by Product
- 5.4.2.1 LAMEA Rice Bran Oil Market by Country
- 5.4.2.2 LAMEA Rice Bran Meal Market by Country
- 5.4.3 LAMEA Rice Bran Derivatives Market by Country
- 5.4.3.1 Brazil Rice Bran Derivatives Market
- 5.4.3.1.1 Brazil Rice Bran Derivatives Market by Application
- 5.4.3.1.2 Brazil Rice Bran Derivatives Market by Product
- 5.4.3.2 Argentina Rice Bran Derivatives Market
- 5.4.3.2.1 Argentina Rice Bran Derivatives Market by Application
- 5.4.3.2.2 Argentina Rice Bran Derivatives Market by Product
- 5.4.3.3 UAE Rice Bran Derivatives Market
- 5.4.3.3.1 UAE Rice Bran Derivatives Market by Application
- 5.4.3.3.2 UAE Rice Bran Derivatives Market by Product
- 5.4.3.4 Saudi Arabia Rice Bran Derivatives Market
- 5.4.3.4.1 Saudi Arabia Rice Bran Derivatives Market by Application
- 5.4.3.4.2 Saudi Arabia Rice Bran Derivatives Market by Product
- 5.4.3.5 South Africa Rice Bran Derivatives Market
- 5.4.3.5.1 South Africa Rice Bran Derivatives Market by Application
- 5.4.3.5.2 South Africa Rice Bran Derivatives Market by Product
- 5.4.3.6 Nigeria Rice Bran Derivatives Market
- 5.4.3.6.1 Nigeria Rice Bran Derivatives Market by Application
- 5.4.3.6.2 Nigeria Rice Bran Derivatives Market by Product
- 5.4.3.7 Rest of LAMEA Rice Bran Derivatives Market
- 5.4.3.7.1 Rest of LAMEA Rice Bran Derivatives Market by Application
- 5.4.3.7.2 Rest of LAMEA Rice Bran Derivatives Market by Product
- Chapter 6. Company Profiles
- 6.1 RiceBran Technologies
- 6.1.1 Company Overview
- 6.1.2 Financial Analysis
- 6.1.3 Regional Analysis
- 6.1.4 Recent strategies and developments:
- 6.1.4.1 Acquisition and Mergers:
- 6.1.4.2 Geographical Expansions:
- 6.2 Wilmar International Limited
- 6.2.1 Company Overview
- 6.2.2 Financial Analysis
- 6.2.3 Segmental and Regional Analysis
- 6.3 ADM (Archer Daniels Midland Company)
- 6.3.1 Company Overview
- 6.3.2 Financial Analysis
- 6.3.3 Segmental and Regional Analysis
- 6.3.4 Research & Development Expense
- 6.4 BCL Industries Limited
- 6.4.1 Company Overview
- 6.4.2 Financial Analysis
- 6.4.3 Segmental and Regional Analysis
- 6.4.4 Research & Development Expenses
- 6.5 Agro Tech Foods Limited (CAG – Tech (Mauritius) Limited)
- 6.5.1 Company Overview
- 6.5.2 Financial Analysis
- 6.5.3 Research & Development Expenses
- 6.6 Cargill, Incorporated
- 6.6.1 Company Overview
- 6.6.2 Recent strategies and developments:
- 6.6.2.1 Partnerships, Collaborations, and Agreements:
- 6.6.2.2 Acquisition and Mergers:
- 6.6.2.3 Business Expansions:
- 6.7 Riceland Foods, Inc.
- 6.7.1 Company Overview
- 6.8 Golden Grain Group Limited
- 6.8.1 Company Overview
- 6.9 Agrotech International Limited (AIL)
- 6.9.1 Company Overview
- 6.10. A.P. Refinery Private Limited
- 6.10.1 Company Overview
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