The scope of the global Rice Bran Oil Market was appreciated at US$ 4.04 billion in 2018. The range is projected to touch US$ 5.12 billion by 2025, growing at a CAGR of 3.44% for the duration of the forecast.
This is attributed to an
ever-increasing health consciousness regarding edible oils to lessen the levels
of cholesterol. The present scenario is such that rice bran oil is being
promoted as one of the premium products with it being a proven anti-oxidant.
Moreover, it is cheaper in comparison with olive oil. Besides, the shelf life
of rice bran oil is more than sunflower oil due to the fact that it has an
optimal balance of PUFA and MUFA.
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Market Synopsis of Rice Bran Oil Market:
The American Heart Association
and World Health Organization (WHO) have given a nod to propagation of rice
bran oil. This factor is expected to bolster the rice bran oil market. Plus,
this oil is one of the ingredients of biscuits, pizza, cookies, and cakes. The
ratio is up to 20%. This adds to the taste along with simplifying chewing of
bakery products.
Regional Insights:
The Asian economies are home to
abundant rice as a raw material to rice bran oil. This shows that Vietnam,
Thailand, Japan, China, and India would be the torchbearers in terms of
exporting rice bran oil in the upcoming period. Formation of International
Council of Rice Bran Oil (ICRBO) in 2013 has given an impetus to uniformity in
commerce & trade among member economies and also improving communication
amongst the manufacturers, academic researchers, and local governments. It is
also working toward sponsoring training programs for members involved in
technical development and work.
A positive development with India
is that its SEA (Solvent Extractors Association) is on ICRBO board to promote
rice bran oil in different parts of India as one of the richest sources of
vitamin E coupled with high oryzonal content.
Miscellaneous:
Personal care & cosmetics are
also boosting the rice bran oil industry. Oryzol provides protection against UV
light and finds its presence in sunscreen lotions. Ferulic acid therein aids in
catalyzing hair growth and averts aging. In the U.S. and Japan, bath soaps also
have rice bran oil as an ingredient.
Market Segmentation &
Players:
The global rice bran oil market
is segmented based on geography into the U.S., Russia, South Africa, UAE, Saudi
Arabia, Mexico, Brazil, South Korea, Japan, India, China, Italy, and U.K. The
players contributing to the market include BCL Industries & Infrastructure,
Sethia and A.P. Refineries Pvt. Ltd., 3F Industries Ltd., and Ricela Health
Foods.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Rice Bran Oil: Market
Variables, Trends & Scope
Chapter 4 Rice Bran Oil: Product
Estimates & Trend Analysis
Chapter 5 Rice Bran Oil:
Application Estimates & Trend Analysis
Chapter 6 Rice Bran Oil: End-use
Estimates & Trend Analysis
Chapter 7 Rice Bran Oil:
Industrial End-use Estimates & Trend Analysis
Chapter 8 Rice Bran Oil: Regional
Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Rice Bran Oil:
Manufacturers Company Profiles
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