Global Rice Bran Oil Market Outlook
Revenue, 2024
$1.5B
Forecast, 2034
$3.1B
CAGR, 2024 - 2034
7.5%
The Rice Bran Oil industry revenue is expected to be around $1.6 billion in 2025 and expected to showcase growth with 7.5% CAGR between 2025 and 2034. In today's health society where people are increasingly mindful of their diets and opting for healthier options Rice Bran Oil is gaining importance for its numerous health benefits and versatile uses in cooking. This oil has become a component of a balanced diet because it offers an ideal mix of monounsaturated, polyunsaturated and saturated fats that cater to the growing demand for organic and nutritious food choices, among consumers. The growing focus on farming methods and advancements in oil extraction technology have significantly boosted the popularity and importance of Rice Bran Oil worldwide market presence has been strengthened by these crucial elements by driving its market expansion and establishing its position as a key player in the global edible oils sector The result is a strong demand for Rice Bran Oil, on a global scale
Extracted from the husk of rice grains is Rice Bran Oil-a substance well regarded for its exceptional nutritional content boasting antioxidants like vitamin E and oryzanol that offer health benefits such, as improving cholesterol levels and heart health while also boosting metabolic functions-attributes that have garnered widespread acknowledgment and acclaim.
Market Key Insights
- The Rice Bran Oil market is projected to grow from $1.5 billion in 2024 to $3.1 billion in 2034. This represents a CAGR of 7.5%, reflecting rising demand across Culinary Usage, Cosmetics & Personal Care and Nutraceuticals & Supplements.
- The market leaders in this industry include King Rice Bran Oil and Ricela Health Foods and Allergan Inc. which determine the competitive dynamics of this market.
- India and China are the top markets within the Rice Bran Oil market and are expected to observe the growth CAGR of 4.9% to 7.2% between 2024 and 2030.
- Emerging markets including Vietnam, Argentina and South Africa are expected to observe highest growth with CAGR ranging between 8.6% to 10.3%.
- The Shift Towards Healthy Eating will drive $200.0 million in market expansion for Rice Bran Oil through 2030.
- The Rice Bran Oil market is set to add $1.6 billion between 2024 and 2034, with manufacturer targeting Pharmaceutical & Cosmetics Application projected to gain a larger market share.
- With Health conscious consumer behaviour, and Expansive application in cosmetics and personal care, Rice Bran Oil market to expand 106% between 2024 and 2034.
Opportunities in the Rice Bran Oil
The presence of gamma oryzanol in Rice Bran Oil makes it a valuable antioxidant with promising health advantages that position the oil well for partnerships, in the health supplement sector.
Growth Opportunities in North America and Asia Pacific
North America Outlook
The American market has experienced a rise in demand for Rice Bran Oil due to a growing focus on healthy diets and wellness trends The popularity of this oil is attributed to its nutritional value and positive effects on heart health because it is packed with antioxidants and vitamins that are beneficial for both food and cosmetic applications The market competition is intense with many key players vying for a share of the market, amidst high saturation levelsBig companies dominate the market. Pose a challenge for small businesses and newcomers but there are still chances for growth through creating new products that cater to the increasing demand from consumers for organic and non GMO items, in this region.
Asia Pacific Outlook
The Rice Bran Oil market in the Asia Pacific region is greatly impacted by the production and consumption trends in countries such as India, China and Japan where rices a key part of culinary traditions leading to widespread use of Rice Bran Oil. The local producers hold a presence in the market; however the entry of international companies presents stiff competition. The growing consumer preference for cooking oils along, with rising disposable incomes is driving up the demand. Promoting the advantages of Rice Bran Oil and raising awareness about its health benefits can support growth in this region. Particularly emphasizing its impact, on heart health and cholesterol management.
Market Dynamics and Supply Chain
01
Driver: Health Conscious Consumer Behaviour, and Technological Advancements in Oil Processing
The increasing worldwide focus on health and well being has also led to an expansion in the Rice Bran Oil markets growth trajectory. With consumers gaining an understanding of the nutritional advantages of Rice Bran Oil As people are also becoming more conscious of the health benefits provided by Rice Bran Oil As individuals are also becoming more aware of the nutritional perks offered by Rice Bran Oil the demand has also transitioned from being merely a cooking ingredient to an essential component of a well rounded diet. Rice Bran Oil is also recognized for its abundance of antioxidants. Is also esteemed as a heart friendly alternative to other oils. Its reputation as a heart friendly oil has also played a pivotal role, in boosting its market presence even further. The third influencing Rice Bran Oils market growth is also the advancements in oil processing technology. Innovative extraction methods have also increased oil yield, improved its quality and made production more affordable and sustainable. In the high-end market segment, these technological developments have also enhanced the potential use of Rice Bran Oil, thereby supporting its market growth.
The cosmetic and personal care sector is also also exploring the application of Rice Bran Oil due to its rich content of antioxidants and beneficial nutrients like vitamins and fatty acids. The increasing incorporation of Rice Bran Oil in skincare products and hair care solutions reflects a rising trend in the industry that is also driving up the demand, for high quality Rice Bran Oil products.
The cosmetic and personal care sector is also also exploring the application of Rice Bran Oil due to its rich content of antioxidants and beneficial nutrients like vitamins and fatty acids. The increasing incorporation of Rice Bran Oil in skincare products and hair care solutions reflects a rising trend in the industry that is also driving up the demand, for high quality Rice Bran Oil products.
02
Restraint: High Processing Cost
The process of obtaining and purifying Rice Bran Oil is quite intricate. Involves various stages that demand a significant amount of energy and specialized equipment for completion. The combination of these factors results in production expenses that have a notable impact on the Rice Bran Oil market as a whole. The increased costs frequently lead to prices, for consumers ultimately affecting the markets demand dynamics in a negative manner.
03
Opportunity: Fuel for the Beauty Industry and Exploring Culinary Applications
Many beauty and skincare companies are now delving into the use of elements such as Rice Bran Oil due to its rich nutritional content and antioxidant properties. Rice Bran Oil contains vitamins, fatty acids and antioxidants that offer noticeable advantages for the skin making it an attractive choice for businesses, in the beauty sector. The increasing popularity of eco friendly beauty trends is anticipated to drive further growth of Rice Bran Oil in the market within this industry.
Because of its properties and adaptability in cooking applications rice bran oil has become increasingly favored as a premium cooking oil option. It is suitable for temperature cooking and frying while offering subtle flavor profiles that complement rather than dominate dishes. These qualities make it a sought after product, in the food and beverage sector appealing to health individuals and culinary enthusiasts seeking quality and nutritious ingredients for their meals.
Because of its properties and adaptability in cooking applications rice bran oil has become increasingly favored as a premium cooking oil option. It is suitable for temperature cooking and frying while offering subtle flavor profiles that complement rather than dominate dishes. These qualities make it a sought after product, in the food and beverage sector appealing to health individuals and culinary enthusiasts seeking quality and nutritious ingredients for their meals.
04
Challenge: Limited Awareness and Market Penetration
Despite its numerous health benefits, Rice Bran Oil still lacks widespread awareness among consumers, especially in certain geographies. The market penetration of Rice Bran Oil is particularly weak in regions where other cooking oils, such as soybeans and palm oil, are more prevalent. This limited market visibility and the dominance of other oils could potentially throttle the growth of Rice Bran Oils industry, creating a challenging environment for new entrants.
Supply Chain Landscape
1
Farming & Harvesting
Bobs Red Mill
Natures Earthly Choice
2
Oil Extraction & Refining
AiFood
Spectrum Naturals
3
Packaging & Distribution
Ellyndale Foods
California Olive Ranch
4
End Consumers
cooking oil
skincare products
health supplements
1
Farming & Harvesting
Bobs Red Mill
Natures Earthly Choice
2
Oil Extraction & Refining
AiFood
Spectrum Naturals
3
Packaging & Distribution
Ellyndale Foods
California Olive Ranch
4
End Consumers
cooking oil
skincare products
health supplements
*The illustration highlights the key stakeholders within the supply chain ecosystem.
Applications of Rice Bran Oil in Culinary Usage, Cosmetics & Personal Care & Nutraceuticals & Supplements
Culinary Usage
Rice Bran Oil, with its mild flavor and high smoke point, is extensively used in cooking and baking applications. Well-established food enterprises such as ACH Food Companies Inc. prefer refined Rice Bran Oil, known for its superior frying performance and health benefits. The oils ability to improve the taste of food without overpowering it has won it considerable endorsement in the market.
Cosmetics & Personal Care
The cosmetic industry has embraced Rice Bran Oil for its robust antioxidant properties and abundant nutrients. Cold-pressed Rice Bran Oil, due to its richness in Vitamin E and essential fatty acids, offers optimum moisturizing and anti-aging benefits, positioning top cosmetic players like LOreal S. A. at the forefront of the market.
Nutraceuticals & Supplements
Health-centric market segments have adopted Rice Bran Oil as lipid-lowering nutraceuticals and dietary supplements. Particularly, health companies like Orion Nutraceuticals value solvent-extracted Rice Bran Oil for these applications due its high concentration of oryzanol, an antioxidant that aids in reducing cholesterol levels and promoting overall health.
Recent Developments
November 2024
Leading rice bran oil manufacturer, A. P. Organics Limited, announced their groundbreaking bio-refining technology, poised to revolutionize refined rice bran oil production
October 2024
Cargill, a predominant figure in the global market, launched a new sustainability program to raise the standards of rice bran oil production and reduce environmental impact
August 2024
Riceland Foods, pushed the envelope in terms of product innovation by releasing a new line of high-oleic rice bran oil products, capturing the health-conscious consumer market.
Rice Bran Oil, a versatile edible oil, commands a significant place in the global market due to its myriad health benefits. Many recent advancements have further propelled its demand, chiefly among health-conscious consumers. The global Rice Bran Oil market is experiencing a surge due to several factors.
Impact of Industry Transitions on the Rice Bran Oil Market
As a core segment of the Packaged & Processed F&B industry,
the Rice Bran Oil market develops in line with broader industry shifts.
Over recent years, transitions such as The Shift Towards Healthy Eating and Sustainability Amplifies Demand have redefined priorities
across the Packaged & Processed F&B sector,
influencing how the Rice Bran Oil market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
The Shift Towards Healthy Eating
Consumers around the globe are becoming more conscious of leading a lifestyle these days. This trend is driving a move towards options like plant based products with Rice Bran Oil being a particularly popular choice. Derived from the outer layer of rice this oil is rich in nutrients and known for its beneficial fatty acid composition. Its high smoke point makes it a favored option, for cooking needs. The increasing interest in cooking oils has led to a boost, in the Rice Bran Oil market as various brands are incorporating this beneficial ingredient into their product offerings. This industry transition is expected to add $200 million in the industry revenue between 2024 and 2030.
02
Sustainability Amplifies Demand
Amid increasing climate change concerns, industries are transitioning towards more sustainable practices. In the cooking oil industry, Rice Bran Oil is setting trends due to its ecofriendly production process. Utilizing a byproduct of the extensive rice industry helps minimize waste and conserve resources, earning the oil a green reputation. This sustainability factor, coupled with its health benefits, is propelling Rice Bran Oils market growth and influencing the strategies of food manufacturing companies worldwide.