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Report Overview

The global rice bran oil market reached a volume of 1.69 Million Tons in 2023. The market is expected to further grow at a CAGR of 2.40% in the forecast period of 2024-2032 to attain a volume of 2.09 Million Tons by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Rice Bran Oil Market

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The industry is currently being driven by increasing demand of rice bran oil in food preparation and as a nutritional supplement. It is also high in demand in the cosmetics and personal care products as a special ingredient. This report by Expert Market Research entitled “Rice Bran Oil Market Report and Forecast 2024-2032” provides a comprehensive analysis for anyone who plans to foray into the industry.

Historical market trends for the rice bran oil industry have been provided from 2018-2023 and forecasts have been presented till 2032. The value chain analysis of rice bran oil has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the industry based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the rice bran oil industry has also been provided. 

This report provides an exhaustive insight for setting-up and running a rice bran oil manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been  comprehensively covered in this report.

Compound Annual Growth Rate

Value in Million Tons

2.4%

2024-2032


Rice Bran Oil Market Outlook

*this image is indicative*

Rice Bran Oil Market by Segments

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Market Segmentation

Extracted from the outer brown layer of rice, rice bran oil is an edible vegetable oil containing 15-20% of oil by weight. Its three major constituents- tocotrienols, gamma-oryzanol and tocopherols have potential significance in human health and diet and are strongly recommended by the American Heart Association and the WHO. The high nutraceutical components present in it performs the function of antioxidants and have multiple health benefits like cholesterol lowering, improving nervous system, reducing cancer risk, increasing immunity, and removing gastro intestinal disorders.

The end-uses of the product can be divided into the following:

  • Edible
  • Industrial

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Rice Bran Oil Market by Region

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Market Analysis

Rice bran oil's growing recognition of the various health benefits has enhanced its use. At the same time as the growing demand for low-fat and high-alimentation foods and drinks increases market growth. In addition, the World Health Organization (WHO) and the American Heart Association have endorsed the use of rice bran oil, which says its monosaturated fat content is much healthier than that of most other vegetable oils and is polyunsaturated as well as saturated. This oil includes the use of the essential ingredient in cosmetics and pharmaceuticals industries to produce soap, moisturizer, lotion, and hair-care products, as it promotes the growth of hair, protects the skin from UV rays as well as prevents aging. Speedy urbanization, inflating the availabilities, changing lifestyles, aggressive promotions by producers and rising penetration in both developed and emerging markets are other important factors adding to growth.

Competitive Landscape

The report analyses the following key players in the global rice bran oil market, looking into their capacity, competitive landscape, and latest developments like mergers and acquisitions, expansions of capacity, and plant turnarounds:

  • Ricela Health Foods Ltd
  • DELEKANG 
  • Gustav Heess GmbH
  • Kasisuri Co., Ltd.
  • Others

In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.

Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global rice bran oil market reached 1.69 Million Tons.

In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 2.40%.

By 2032, the market is estimated to attain a volume of 2.09 Million Tons by 2032.

The major drivers of the market are rising disposable incomes, increasing population, rising awareness about its health benefits among consumers, changing lifestyles, and growing inclusion of the oil in various cosmetic products.

The rising penetration of the product in developed and emerging due to aggressive marketing campaigns is a leading trend expected to guide the market growth.

The Asia Pacific is the leading in the market for the product. North America, Europe, Latin America, and the Middle East and Africa are the other major regions in the market.

The major end-use sector in the market is the edible sector.

The major players in the global rice bran oil market are Ricela Health Foods Ltd, DELEKANG, Gustav Heess GmbH, and Kasisuri Co., Ltd., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • End Use
  • Region
Breakup by End Use
  • Edible
  • Industrial
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Ricela Health Foods Ltd
  • DELEKANG 
  • Gustav Heess GmbH
  • Kasisuri Co., Ltd.
  • Others
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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124