Rice Bran Oilcake Market
Rice Bran Oilcake Market
The market for Rice Bran Oilcake was estimated at $545.50 million in 2024; it is anticipated to increase to $778 million by 2030, with projections indicating growth to around $1.05 billion by 2035.
Global Rice Bran Oilcake Market Outlook
Revenue, 2024 (US$M)
$546M
Forecast, 2034 (US$M)
$986M
CAGR, 2024 - 2034
6.1%
Market Size Forecast & Key Insights
- The Rice Bran Oilcake market is projected to grow from $545.5 million in 2024 to $986 million in 2034. This represents a CAGR of 6.1%, reflecting rising demand across Animal Feed, Fertilizers and Biofuel Production.
- India and China are the top markets within the Rice Bran Oilcake market and are expected to observe the growth CAGR of 4.0% to 5.9% between 2024 and 2030.
- Emerging markets including Vietnam, Nigeria and Argentina are expected to observe highest growth with CAGR ranging between 7.0% to 8.4%.
- The Rice Bran Oilcake market is set to add $441 million between 2024 and 2034, with manufacturer targeting Fertilizer & Biofuel Application projected to gain a larger market share.
- With Increasing health consciousness, and Versatility in applications, Rice Bran Oilcake market to expand 81% between 2024 and 2034.
Opportunities in the Rice Bran Oilcake
The growing inclination towards health awareness among consumers opens up a lucrative market for Rice Bran Oilcake. A by product of rice milling known for its high protein and fiber content that is gaining popularity for its health benefits, in the wellness industry.
Growth Opportunities in North America and Asia Pacific
North America Outlook
Asia Pacific Outlook
Market Dynamics and Supply Chain
Driver: Increasing Health Consciousness, and Technological Advancements in Extraction Processes
Restraint: High Processing Costs
Opportunity: Strategic Collaborations for Market Penetration and Technological Innovations in Processing
Challenge: Lack of Awareness
Supply Chain Landscape
Raw Material Procurement
Cargill Incorporated
Archer Daniels Midland Company
Processing & Production
Ricela Health Foods Ltd.
Sethia Oils Ltd
Distribution & Wholesale
Bunge Limited
Wilmar International Ltd
End-User Industry
Animal Feed
Biofuel
Fertilizer
Raw Material Procurement
Cargill Incorporated
Archer Daniels Midland Company
Processing & Production
Ricela Health Foods Ltd.
Sethia Oils Ltd
Distribution & Wholesale
Bunge Limited
Wilmar International Ltd
End-User Industry
Animal Feed
Biofuel
Fertilizer