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Rice Bran Oil Market: By Distribution Channel, By End User and Geography
Rice Bran Oil Market: By Distribution Channel, By End User and Geography
Rice Bran Oil Market size was valued at US$ 5,273.6 million in 2023 and is poised to grow at a CAGR of 5.1% from 2024 - 2030. The growing awareness of the different health benefits of rice bran oil has increased its use. At the same time, as demand for low-fat and high-nutrition foods and beverages grows, so does the market expansion. The World Health Organization (WHO) and the American Heart Association have recommended using rice bran oil, claiming that the composition of monounsaturated, polyunsaturated, and saturated fats in rice bran oil is significantly safer than most other vegetable oils. This oil has become a popular ingredient in soaps, moisturizers, lotions, and hair care products in the cosmetics and pharmaceutical industries because of its ability to stimulate hair growth, protect the skin from UV radiation, and fight age. The top market companies have made research investments and understand the product’s potential in exploring the market. For example, Liquid Gold offers a premium rice bran oil hair skin care moisturizer massage that can be used as a moisturizer and massage oil. Mergers and acquisitions between rice bran oil market competitors and their suppliers, as well as significant investment in the food industry, are some of the reasons driving the worldwide rice bran oil market. Collaboration with rice bran suppliers and supplying organic and gluten-free products in the market are all ways for companies in the rice bran oil market to grow their market share. The usage of rice bran oil in the food and beverage industry has integrated the growing trend of promoting safe and healthier eating habits.
Rice Bran Oil Market Key Developments:
Study Period
2024-2030Base Year
2023CAGR
5.1%Largest Market
Asia-PacificFastest Growing Market
Europe
The health advantages of rice bran oil are becoming more widely known. Rice bran oil market growth is aided by increased demand for lower-cost and nutritionally beneficial products and a growing need for nutrient-dense food ingredients, as well as changing dietary preferences. Increased expenditure on nutritious foods and oils is also predicted to improve product sales. These factors influence market growth. Rice bran oil benefits, such as antioxidants, low cholesterol, and relief from hot flashes during menopause, fuel the global rice bran oil market. On the other hand, High use of the oil might induce intestinal gas, irregular bowel movements, and stomach pain since its fibers can clog the digestive tract, reducing overall demand. Compared to other healthy edible oils, rice bran oil has lower popularity among individuals.
The rice bran oil market in North America is likely to hold a significant revenue share of 21.7% in 2021, and in the following years, it is predicted to increase rapidly. Due to increased demand as a result of improved health consciousness and knowledge of the product's benefits because of the increased demand for healthy edible oil and the prevalence of lifestyle disorders throughout the region. Furthermore, key manufacturers are launching new products in expanding areas such as Europe, propelling the sector forward due to rising consumer health awareness in all regions.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 5,273.6 million |
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Market CAGR |
5.1% |
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By Distribution Channel |
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By End User |
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By Region |
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The rice bran oil market size was valued at US$ 5,273.6 million in 2023
The key segments covered in the restless leg’s syndrome market are technology, components, application, and end-users.
The rice bran oil market key players Adani Wilmar, Modi Naturals, Marico, Conagra Foods, BCL Industries Limited, King Rice Oil Group, California Rice Oil Company, Ricela Health Foods Ltd, 3F Industries Ltd, Sethia Oils Ltd
| 1.Executive Summary |
| 2.Global Rice Bran Oil Market Introduction |
| 2.1.Global Rice Bran Oil Market - Taxonomy |
| 2.2.Global Rice Bran Oil Market - Definitions |
| 2.2.1.Distribution Channel |
| 2.2.2.End User |
| 2.2.3.Region |
| 3.Global Rice Bran Oil Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Rice Bran Oil Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Rice Bran Oil Market By Distribution Channel, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Supermarkets & Hypermarkets |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Departmental Stores |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Convenience Shops |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Online |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Rice Bran Oil Market By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Food & Beverage |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Healthcare & Nutrition |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Cosmetics |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Pharmaceuticals |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Animal feed |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7.Global Rice Bran Oil Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Rice Bran Oil Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Supermarkets & Hypermarkets |
| 8.1.2.Departmental Stores |
| 8.1.3.Convenience Shops |
| 8.1.4.Online |
| 8.1.5.Others |
| 8.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Food & Beverage |
| 8.2.2.Healthcare & Nutrition |
| 8.2.3.Cosmetics |
| 8.2.4.Pharmaceuticals |
| 8.2.5.Animal feed |
| 8.2.6.Others |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Rice Bran Oil Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Distribution Channel Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Supermarkets & Hypermarkets |
| 9.1.2.Departmental Stores |
| 9.1.3.Convenience Shops |
| 9.1.4.Online |
| 9.1.5.Others |
| 9.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Food & Beverage |
| 9.2.2.Healthcare & Nutrition |
| 9.2.3.Cosmetics |
| 9.2.4.Pharmaceuticals |
| 9.2.5.Animal feed |
| 9.2.6.Others |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10.Asia Pacific (APAC) Rice Bran Oil Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Distribution Channel Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Supermarkets & Hypermarkets |
| 10.1.2.Departmental Stores |
| 10.1.3.Convenience Shops |
| 10.1.4.Online |
| 10.1.5.Others |
| 10.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Food & Beverage |
| 10.2.2.Healthcare & Nutrition |
| 10.2.3.Cosmetics |
| 10.2.4.Pharmaceuticals |
| 10.2.5.Animal feed |
| 10.2.6.Others |
| 10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Rice Bran Oil Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Distribution Channel Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Supermarkets & Hypermarkets |
| 11.1.2.Departmental Stores |
| 11.1.3.Convenience Shops |
| 11.1.4.Online |
| 11.1.5.Others |
| 11.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Food & Beverage |
| 11.2.2.Healthcare & Nutrition |
| 11.2.3.Cosmetics |
| 11.2.4.Pharmaceuticals |
| 11.2.5.Animal feed |
| 11.2.6.Others |
| 11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Rice Bran Oil Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Distribution Channel Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Supermarkets & Hypermarkets |
| 12.1.2.Departmental Stores |
| 12.1.3.Convenience Shops |
| 12.1.4.Online |
| 12.1.5.Others |
| 12.2. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Food & Beverage |
| 12.2.2.Healthcare & Nutrition |
| 12.2.3.Cosmetics |
| 12.2.4.Pharmaceuticals |
| 12.2.5.Animal feed |
| 12.2.6.Others |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Adani Wilmar |
| 13.2.2.Modi Naturals |
| 13.2.3.Marico |
| 13.2.4.Conagra Foods. |
| 13.2.5.BCL Industries Limited |
| 13.2.6.King Rice Oil Group |
| 13.2.7.California Rice Oil Company |
| 13.2.8.Ricela Health Foods Ltd. |
| 13.2.9.3F Industries Ltd |
| 13.2.10.Sethia Oils Ltd. |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.