Rice Bran Oilcake Market
The market for Rice Bran Oilcake was estimated at $546 million in 2024; it is anticipated to increase to $778 million by 2030, with projections indicating growth to around $1.05 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Rice Bran Oilcake Market Outlook
Revenue, 2024
$546M
Forecast, 2034
$986M
CAGR, 2025 - 2034
6.1%
The Rice Bran Oilcake industry revenue is expected to be around $578.8 million in 2025 and expected to showcase growth with 6.1% CAGR between 2025 and 2034. Rice Bran Oilcake has gained significance on the market due to its nutritional value and cost effectiveness along with its versatile uses across various industries like animal feed and organic products sector thanks to the growing appreciation for its health benefits among consumers and continuous advancements, in agricultural residue utilization research.
The by product known as Rice Bran Oilcake is derived from extracting oil from rice bran. Is valued for its protein content as well as fiber and essential oils which are beneficial in the animal feed sector due to its high nutritional value and ability to enhance livestock health and productivity significantly. Apart, from being used in animal feed production industry it is also utilized in fertilizers because of its rich nutrient composition.
Market 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.
- Wilmar International Limited, Archer Daniels Midland Company, Bunge Limited are among the leading players in this market, shaping its competitive landscape.
- 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%.
- Transition like Shift Towards Sustainable Feed has greater influence in India and China market's value chain; and is expected to add $22 million of additional value to Rice Bran Oilcake industry revenue by 2030.
- 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 also gaining popularity for its health benefits, in the wellness industry.
Growth Opportunities in North America and Asia Pacific
In North America's Rice Bran Oilcake market demand is on the rise due to the thriving livestock industry in the region. The nutrient rich Rice Bran Oilcake with its high protein content is favored as feed for poultry, livestock and fish gaining popularity. Moreover the competition is fierce with players like Archer Daniels Midland Company and Cargill Incorporated leading to increased innovation and quality enhancements, in the Rice Bran Oilcake industry. The market growth is being driven further by the growing recognition of farming methods and the adoption of organic feed.
The Asia Pacific region is a market for Rice Bran Oilcake with countries like India and China playing a significant role due to their large scale rice cultivation practices; Thailand also contributes notably to this market sector. Local manufacturers in these countries benefit from raw materials and cutting edge extraction techniques that give them a competitive advantage in the industry. The growth of the aquaculture sector in the region acts as a catalyst for the Rice Bran Oilcake market since it serves as a valuable feed source, for diverse fish species. The local and global market shows competition between various players striving to gain a bigger share of the market pie here. The growing need for healthier animal feed options creates profitable prospects for Rice Bran Oilcake producers, in the Asia Pacific region.
Market Dynamics and Supply Chain
01
Driver: Increasing Health Consciousness, and Technological Advancements in Extraction Processes
The increasing focus on health awareness among consumers has also greatly boosted the popularity of Rice Bran Oilcake in the market due to its nutritional content that includes vital fatty acids and dietary fiber. Qualities that appeal to health conscious individuals seeking nutritious options, in their diet plans. Technological progress in extracting oil has also. Made it more affordable to create Rice Bran Oilcake enhancing both the extraction process effectiveness and the end products quality with anticipated growth in production and demand for Rice Bran Oilcake, in the coming times.
The utilization of Rice Bran Oilcake spans across sectors including animal feed production biofuel manufacturing and fertilizer industry applications due to its notable attributes in each area; its substantial protein content makes it a valuable component in livestock feed production while its abundant oil content renders it a feasible option for biofuel generation purposes as well Also its nutrient rich composition qualifies it as an effective organic fertilizer This adaptability and usefulness across different sectors are also predicted to drive the increasing demand, for Rice Bran Oilcake.
02
Restraint: High Processing Costs
The process of creating Rice Bran Oilcake is quite intricate. Involves using advanced machinery and technology for extraction purposes that require a significant amount of investment upfront. This initial investment leads to production costs which can pose a challenge for small to medium sized businesses looking to enter the market. The expensive production costs often result in product prices which may discourage potential buyers and have a negative effect on the overall demand for Rice Bran Oilcake, in the market.
03
Opportunity: Strategic Collaborations for Market Penetration and Technological Innovations in Processing
Collaborating strategically with food and feed companies presents a promising opportunity for Rice Bran Oilcake to explore new markets that have yet to be tapped into effectively. By forming alliances with players in these industries could contribute significantly to broadening the products presence and influence in regions such as India and China both known for their reliance, on rice as a dietary staple.
The progress made in enhancing the processing of Rice Bran Oilcake to extract nutrients presents a favorable pathway for growth ahead. Advances in equipment and methods have the potential to improve productivity and standards significantly; thus elevating the appeal of Rice Bran Oilcake, in the market.
04
Challenge: Lack of Awareness
Despite the advantages of Rice Bran Oilcake there is a notable lack of awareness about this product among potential users. In developing countries knowledge about the benefits of Rice Bran Oilcake, in animal feed and other uses is scarce. This lack of awareness could impede market expansion by limiting the number of customers for the product.
Supply Chain Landscape
1
Raw Material Procurement
Cargill IncorporatedArcher Daniels Midland Company
2
Processing & Production
Ricela Health Foods Ltd.Sethia Oils Ltd
3
Distribution & Wholesale
Bunge LimitedWilmar International Ltd
4
End-User Industry
Animal FeedBiofuelFertilizer
1
Raw Material Procurement
Cargill IncorporatedArcher Daniels Midland Company
2
Processing & Production
Ricela Health Foods Ltd.Sethia Oils Ltd
3
Distribution & Wholesale
Bunge LimitedWilmar International Ltd
4
End-User Industry
Animal FeedBiofuelFertilizer
Use Cases of Rice Bran Oilcake in Animal Feed & Fertilizers
Animal Feed : Rice Bran Oilcake is commonly utilized in animal feed thanks to its nutritional profile that includes proteins as well as essential vitamins and minerals within it. This exceptional ingredient serves as a valuable dietary supplement for livestock like cows and pigs along with poultry and fish since it plays a significant role in improving their well being and efficiency. Prominent companies such as Cargill and ADM hold pivotal roles, in this particular industry by capitalizing on the advantages of Rice Bran Oil Cake to elevate the standard of their animal feed offerings.
Fertilizers : Rice Bran Oilcake also finds an use in creating natural fertilizers for farming purposes due to its high nutritional value that enhances soil quality and supports the growth of strong and healthy crops in an environmentally friendly manner. Businesses, like Agrocart and Neelam Phyto extracts have taken advantage of this opportunity by offering organic fertilizers to consumers.
Biofuel Production : The use of Rice Bran Oilcake extends to the production of biofuels well due to its rich oil content which serves as a sustainable option for making biodiesel and providing an environmentally friendly substitute for conventional fuels in the market today. Leading companies such, as BioD Energy and Universal Biofuels have acknowledged this opportunity by incorporating Rice Bran Oilcake into their biofuel manufacturing procedures.
Recent Developments
In the market scenario today There is a notable rise in interest surrounding Rice Bran Oilcake, a leftover from rice processing known for its rich nutrients and diverse uses. Lately There is been an uptick in demand for this product especially from the animal feed sector. This increase is attributed to the acknowledgment of Rice Bran Oilcake as an nourishing component, for animal feed.
December 2024 : Cargill revealed its plans to expand the Rice Bran Oilcake production units in India due to the rising demand for this byproduct, in animal feed usage.
October 2024 : Biovet Pvt Ltd introduced a range of feed supplements based on Rice Bran Oilcake. The company emphasizes the protein and fiber content of the product.
August 2024 : According to a report from the Food and Agriculture Organization there has been a rise in the worldwide demand for Rice Bran Oilcake due to its increasing popularity, in sustainable agricultural methods.
Impact of Industry Transitions on the Rice Bran Oilcake Market
As a core segment of the Agriculture & Horticulture Produce industry,
the Rice Bran Oilcake market develops in line with broader industry shifts.
Over recent years, transitions such as Shift Towards Sustainable Feed and Technological Advancements in Processing have redefined priorities
across the Agriculture & Horticulture Produce sector,
influencing how the Rice Bran Oilcake market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Shift Towards Sustainable Feed
The industry of Rice Bran Oilcake is going through a change towards more sustainable feed choices due to the growing need for environmentally friendly and affordable feed components. There is a rising demand for eco cost effective feed ingredients in the market which is driving this transformation. Rice Bran Oilcake is derived as a by product of rice milling process. Presents a sustainable solution that fits well with this current trend. It stands out for its nutritional value with high levels of protein and fiber making it a top pick, for animal feed purposes. The shift is significantly affecting the livestock sector by enabling the adoption of eco friendly and streamlined farming methods.
02
Technological Advancements in Processing
In the Rice Bran Oilcake sector there has been a shift towards utilizing cutting edge processing techniques to improve the quality and nutritional content of the product – aiming to make it more attractive to both feed and food sectors alike. An example of this is the implementation of up to date extraction processes which guarantee oil retrieval from rice bran while retaining a high nutrient density, in the resultant oilcake product.