Rice Bran Oil Market Expected to Reach $13.52 Billion by 2029, Driven by Health Benefits and APAC Demand
The global rice bran oil market is on track for significant growth, with a projected value of USD 13.52 billion by 2029. This translates to a compound annual growth rate (CAGR) of 9.4% from 2022, according to a new report by Maximize Market Research. The market's rise is fueled by growing consumer awareness of the health benefits of rice bran oil and increasing demand in the Asia Pacific (APAC) region.
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Market Overview
Rice bran oil, extracted from the outer layer of rice grains, is gaining popularity due to its high smoke point, neutral taste, and rich nutrient content. It is perceived as a healthier alternative to other cooking oils, particularly for its potential benefits like cholesterol reduction.
Market Scope and Methodology
Maximize Market Research's report offers a comprehensive analysis of the rice bran oil market. It delves into market size and growth forecasts, key drivers and restraints, and in-depth segmentation. The research leverages established methodologies to provide valuable insights into the competitive landscape and market dynamics.
Market Segmentation
The report segments the rice bran oil market by various factors, including type (organic and non-organic), grade (refined, raw grade 1, and raw grade 2), application (food beverages, cosmetics, pharmaceuticals, personal care, nutraceutical, animal feed, and others), and sales channel (supermarkets hypermarkets, convenience stores, specialty stores, online shops, and others).
Regional Insights
The report provides a detailed regional analysis, covering North America, Latin America, Europe, Asia Pacific (APAC), Africa, and the Middle East. Each region's market potential, growth drivers, and challenges are explored. The APAC region is expected to witness the fastest growth due to factors like rising health consciousness and increasing disposable income.
Key Players
- Adani Wilmar (India)
- Modi Naturals (India)
- Marico (India)
- Conagra Foods (U.S.)
- BCL Industries Limited (India)
- King Rice Oil Group (Thailand)
- California Rice Oil Company (U.S.)
- Ricela Health Foods Ltd. (India)
- Sethia Oils Ltd. (India)
- A.P. Refinery Pvt. Ltd. (India)
Key Questions Answered
- What is the current size and projected growth of the rice bran oil market?
- What are the primary factors driving the market's growth (health benefits, rising disposable income, etc.)?
- What challenges are hindering the market's expansion?
- Which region holds the largest market share and which regions are expected to witness the fastest growth (APAC)?
- Who are the leading players in the rice bran oil market?
- What are the upcoming trends that will shape the future of the market?
Key Offerings
- Market share, size, and forecast by revenue for the period 2024-2029
- In-depth analysis of market dynamics – growth drivers, restraints, opportunities, and key trends
- Market segmentation analysis by type, grade, application, and sales channel
- Competitive landscape assessment of leading and emerging players
- Valuable insights for market participants for strategic planning
Reasons to Buy This Report
- Gain market insights to make informed investment decisions in the rice bran oil space.
- Identify lucrative growth segments and target markets for your business.
- Analyze the competitive landscape and develop effective business strategies.
- Understand key market trends and prepare for the future of rice bran oil.
Table of Contents: Rice Bran Oil Market
Chapter 1: Overview of Rice Bran Oil Market
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
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