Rice Bran Oil Market Dynamics and Analysis by 2031
The rice bran oil market is expected to register a CAGR of 6% during 2023–2031. The rising demand for organic rice bran oil is likely to remain a key trend in the market.
Rice Bran Oil Market Analysis
- The growing awareness of the various health benefits of rice bran oil has enhanced its use in different applications.
- Multiple health benefits offered by rice bran oil have boosted its consumption in food and beverage applications.
- Further, the rising disposable incomes, changing lifestyles, and growing inclusion of the oil in various cosmetic products, etc. factors are also boosting the rice bran oil market growth.
Rice Bran Oil Market Overview
- Rice bran oil is extracted from the hard, outer brown layer of rice called bran.
- The oil is manufactured as a by-product in many countries that cultivate rice.
- The production and processing of rice bran oil are similar to other vegetable oils, and it is typically extracted using the solvent extraction method.
- Rice bran oil is an excellent source of poly- and mono-unsaturated fats.
- Rice bran oil is suitable for high-temperature cooking, which makes it ideal for frying and baking.
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Rice Bran Oil Market: Strategic Insights
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Rice Bran Oil Market: Strategic Insights
Shejal
Have a question?
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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Rice Bran Oil Market Drivers and Opportunities
High Demand from Food and Beverage Industry
- The rice bran oil is experiencing a high demand from the food and beverage industry due to factors such as nutritional content, culinary uses and versatility, and evolving dietary preferences.
- Rice bran oil is highly used in culinary activities across the globe. Its unique taste and nutrient-rich composition make it ideal for a wide range of culinary applications.
- Also, the rising demand for nutritional food ingredients plays a crucial role in promoting the rice bran oil market growth.
Strong Growth of Personal Care and Cosmetics Industry
- In the personal care and cosmetics industry, rice bran oil is used for skin nourishment and repair, hair care and body care products.
- It is used in hair care products owing to its nourishing and regenerative properties.
- The strong growth of the personal care and cosmetics industry fuels the demand for various ingredients, including rice bran oil.
- The growth of the personal care and cosmetics industry is driven by factors such as the rising disposable income of people, increasing consumer spending on cosmetic products, and the growth of the online retail sector.
Rice Bran Oil Market Report Segmentation Analysis
Key segments that contributed to the derivation of the rice bran oil market analysis are category and application.
- Based on category, the rice bran oil market is divided into organic and conventional.
- On the basis of application, the market is segmented into food and beverages, personal care and cosmetics, pharmaceuticals and nutraceuticals, and others.
Rice Bran Oil Market Share Analysis by Geography
- Rice Bran Oil Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering rice bran oil market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers porter’s five forces analysis, which involves the study of major factors that influence the rice bran oil market in these regions.
Rice Bran Oil Market Report Scope
Rice Bran Oil Market News and Recent Developments
The rice bran oil market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the rice bran oil market are listed below:
- Sanjay Ghodawat Group, a prominent Indian business conglomerate whose mission is to transform lives globally by offering qualitative products and services, recently took another step to fulfill its prime endeavor. Its FMCG arm, Ghodawat Consumer Products LLP (GCPL), recently launched a high-quality edible oil product to support the growing need for a healthy and nutritious oil in the market. Under its popular brand name 'STAR', GCPL launched 'STAR Rice Bran Oil' in June 2020. (Yahoo/ Website/ News/June 2020)
- Gemini Edibles & Fats India Ltd introduces a disruptive tech-enabled print advertising campaign for Freedom Rice Bran Oil, titled 'ACT TODAY'. (Adgully / Company Website/ News/June 2024)
Rice Bran Oil Market Report Coverage and Deliverables
The “Rice Bran Oil Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Rice bran oil market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Rice bran oil market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter’s Five Forces and SWOT analysis
- Rice bran oil market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the rice bran oil market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global rice bran oil market is expected to grow at a CAGR of 6% during the forecast period 2023 - 2031.
The high demand from the food and beverage industry is one of the major factors driving the rice bran oil market.
The rising demand for organic rice bran oil is likely to remain a key trend in the market.
The leading players operating in the rice bran oil market are Givaudan, Gustav Heess Oleochemische Erzeugnisse GmbH, ConnOils LLC, Catania Oils, Ricela Group of Companies, MOSSELMAN, Sulu Organics, O and 3 Limited, Jan Dekker International BV, and Vantage Specialty Chemicals.
The report can be delivered in PDF/PPT format; we can also share an Excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Rice Bran Oil Market - By Category
1.3.2 Rice Bran Oil Market - By Distribution Channel
1.3.3 Rice Bran Oil Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. RICE BRAN OIL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. RICE BRAN OIL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. RICE BRAN OIL MARKET - GLOBAL MARKET ANALYSIS
6.1. RICE BRAN OIL - GLOBAL MARKET OVERVIEW
6.2. RICE BRAN OIL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. RICE BRAN OIL MARKET - REVENUE AND FORECASTS TO 2028 - CATEGORY
7.1. OVERVIEW
7.2. CATEGORY MARKET FORECASTS AND ANALYSIS
7.3. ORGANIC
7.3.1. Overview
7.3.2. Organic Market Forecast and Analysis
7.4. CONVENTIONAL
7.4.1. Overview
7.4.2. Conventional Market Forecast and Analysis
8. RICE BRAN OIL MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS/HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets/Hypermarkets Market Forecast and Analysis
8.4. CONVENIENCE STORES
8.4.1. Overview
8.4.2. Convenience stores Market Forecast and Analysis
8.5. ONLINE RETAIL CHANNELS
8.5.1. Overview
8.5.2. Online retail channels Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. RICE BRAN OIL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Rice Bran Oil Market Overview
9.1.2 North America Rice Bran Oil Market Forecasts and Analysis
9.1.3 North America Rice Bran Oil Market Forecasts and Analysis - By Category
9.1.4 North America Rice Bran Oil Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Rice Bran Oil Market Forecasts and Analysis - By Countries
9.1.5.1 United States Rice Bran Oil Market
9.1.5.1.1 United States Rice Bran Oil Market by Category
9.1.5.1.2 United States Rice Bran Oil Market by Distribution Channel
9.1.5.2 Canada Rice Bran Oil Market
9.1.5.2.1 Canada Rice Bran Oil Market by Category
9.1.5.2.2 Canada Rice Bran Oil Market by Distribution Channel
9.1.5.3 Mexico Rice Bran Oil Market
9.1.5.3.1 Mexico Rice Bran Oil Market by Category
9.1.5.3.2 Mexico Rice Bran Oil Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Rice Bran Oil Market Overview
9.2.2 Europe Rice Bran Oil Market Forecasts and Analysis
9.2.3 Europe Rice Bran Oil Market Forecasts and Analysis - By Category
9.2.4 Europe Rice Bran Oil Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Rice Bran Oil Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Rice Bran Oil Market
9.2.5.1.1 Germany Rice Bran Oil Market by Category
9.2.5.1.2 Germany Rice Bran Oil Market by Distribution Channel
9.2.5.2 France Rice Bran Oil Market
9.2.5.2.1 France Rice Bran Oil Market by Category
9.2.5.2.2 France Rice Bran Oil Market by Distribution Channel
9.2.5.3 Italy Rice Bran Oil Market
9.2.5.3.1 Italy Rice Bran Oil Market by Category
9.2.5.3.2 Italy Rice Bran Oil Market by Distribution Channel
9.2.5.4 United Kingdom Rice Bran Oil Market
9.2.5.4.1 United Kingdom Rice Bran Oil Market by Category
9.2.5.4.2 United Kingdom Rice Bran Oil Market by Distribution Channel
9.2.5.5 Russia Rice Bran Oil Market
9.2.5.5.1 Russia Rice Bran Oil Market by Category
9.2.5.5.2 Russia Rice Bran Oil Market by Distribution Channel
9.2.5.6 Rest of Europe Rice Bran Oil Market
9.2.5.6.1 Rest of Europe Rice Bran Oil Market by Category
9.2.5.6.2 Rest of Europe Rice Bran Oil Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Rice Bran Oil Market Overview
9.3.2 Asia-Pacific Rice Bran Oil Market Forecasts and Analysis
9.3.3 Asia-Pacific Rice Bran Oil Market Forecasts and Analysis - By Category
9.3.4 Asia-Pacific Rice Bran Oil Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Rice Bran Oil Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Rice Bran Oil Market
9.3.5.1.1 Australia Rice Bran Oil Market by Category
9.3.5.1.2 Australia Rice Bran Oil Market by Distribution Channel
9.3.5.2 China Rice Bran Oil Market
9.3.5.2.1 China Rice Bran Oil Market by Category
9.3.5.2.2 China Rice Bran Oil Market by Distribution Channel
9.3.5.3 India Rice Bran Oil Market
9.3.5.3.1 India Rice Bran Oil Market by Category
9.3.5.3.2 India Rice Bran Oil Market by Distribution Channel
9.3.5.4 Japan Rice Bran Oil Market
9.3.5.4.1 Japan Rice Bran Oil Market by Category
9.3.5.4.2 Japan Rice Bran Oil Market by Distribution Channel
9.3.5.5 South Korea Rice Bran Oil Market
9.3.5.5.1 South Korea Rice Bran Oil Market by Category
9.3.5.5.2 South Korea Rice Bran Oil Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Rice Bran Oil Market
9.3.5.6.1 Rest of Asia-Pacific Rice Bran Oil Market by Category
9.3.5.6.2 Rest of Asia-Pacific Rice Bran Oil Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Rice Bran Oil Market Overview
9.4.2 Middle East and Africa Rice Bran Oil Market Forecasts and Analysis
9.4.3 Middle East and Africa Rice Bran Oil Market Forecasts and Analysis - By Category
9.4.4 Middle East and Africa Rice Bran Oil Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Rice Bran Oil Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Rice Bran Oil Market
9.4.5.1.1 South Africa Rice Bran Oil Market by Category
9.4.5.1.2 South Africa Rice Bran Oil Market by Distribution Channel
9.4.5.2 Saudi Arabia Rice Bran Oil Market
9.4.5.2.1 Saudi Arabia Rice Bran Oil Market by Category
9.4.5.2.2 Saudi Arabia Rice Bran Oil Market by Distribution Channel
9.4.5.3 U.A.E Rice Bran Oil Market
9.4.5.3.1 U.A.E Rice Bran Oil Market by Category
9.4.5.3.2 U.A.E Rice Bran Oil Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Rice Bran Oil Market
9.4.5.4.1 Rest of Middle East and Africa Rice Bran Oil Market by Category
9.4.5.4.2 Rest of Middle East and Africa Rice Bran Oil Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Rice Bran Oil Market Overview
9.5.2 South and Central America Rice Bran Oil Market Forecasts and Analysis
9.5.3 South and Central America Rice Bran Oil Market Forecasts and Analysis - By Category
9.5.4 South and Central America Rice Bran Oil Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Rice Bran Oil Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Rice Bran Oil Market
9.5.5.1.1 Brazil Rice Bran Oil Market by Category
9.5.5.1.2 Brazil Rice Bran Oil Market by Distribution Channel
9.5.5.2 Argentina Rice Bran Oil Market
9.5.5.2.1 Argentina Rice Bran Oil Market by Category
9.5.5.2.2 Argentina Rice Bran Oil Market by Distribution Channel
9.5.5.3 Rest of South and Central America Rice Bran Oil Market
9.5.5.3.1 Rest of South and Central America Rice Bran Oil Market by Category
9.5.5.3.2 Rest of South and Central America Rice Bran Oil Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. RICE BRAN OIL MARKET, KEY COMPANY PROFILES
11.1. 3F INDUSTRIES
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. A.P. REFINERY
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ADANI GROUP
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BCL
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CARGILL, INCORPORATED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. JAIN GROUP OF INDUSTRIES
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KING RICE OIL GROUP
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NOW HEALTH GROUP, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. RICELA HEALTH FOODS LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SWANSON
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. 3F Industries
2. A.P. Refinery
3. Adani Group
4. BCL
5 .Cargill, Incorporated
6. Jain Group of Industries
7. King Rice Oil Group
8. NOW Health Group, Inc.
9. Ricela Health Foods Ltd.
10. Swanson
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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