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.
Global Rice Bran Oilcake Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
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. The market continues to play an important role in the agricultural and animal nutrition sectors, supported by increasing demand for cost-effective and nutrient-rich feed ingredients. Rising livestock production, expanding poultry farming activities, and growing focus on feed efficiency are contributing significantly to market development. Rice bran oilcake is gaining attention as a valuable by-product that supports sustainable resource utilization while providing nutritional benefits for animal diets. The industry is also benefiting from increasing awareness regarding circular economy practices and agricultural waste valorization. As feed manufacturers seek affordable alternatives to conventional protein and energy sources, rice bran oilcake remains a strategically important ingredient across various livestock and aquaculture applications.
Rice bran oilcake is the residual material obtained after the extraction of oil from rice bran and is recognized for its balanced nutritional composition, including protein, fiber, carbohydrates, and essential minerals. It is widely utilized in animal feed formulations for cattle, poultry, swine, and aquaculture due to its nutritional value and cost competitiveness. The product serves as an effective feed ingredient that helps improve animal growth, feed utilization, and overall productivity. Recent market trends include growing adoption of sustainable feed ingredients, increasing utilization of agro-industrial by-products, and advancements in feed processing technologies that enhance product quality and digestibility. Rising demand for livestock-derived products, coupled with the expansion of commercial farming operations in developing economies, is further supporting market growth. Additionally, increasing emphasis on reducing feed costs while maintaining nutritional performance continues to drive the incorporation of rice bran oilcake into modern feed formulations.
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 Transition from Traditional Feed Ingredient to Multi-Industry Resource Utilization has greater influence in India and China market's value chain; and is expected to add $24 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.