Global Rice Bran Oil Market Set to Reach USD 14.79 Bn by 2030, Growing at a CAGR of 9.4%

Global Rice Bran Oil Market Size Poised to Reach USD 14.79 Bn by 2030, Growing at a CAGR of 9.4%

Summary: The Global Rice Bran Oil Market is projected to grow from USD 7.88 Bn in 2023 to USD 14.79 Bn by 2030, reflecting a CAGR of 9.4%. This report by Maximize Market Research offers an in-depth analysis of the market’s growth potential, examining factors such as types, grades, and applications. The study provides insights to assist new and established players in navigating the competitive landscape and capitalizing on emerging trends.

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Market Size: The Global Rice Bran Oil Market is currently valued at USD 7.88 billion and is expected to experience significant growth, reaching approximately USD 14.79 billion by 2030. This increase is driven by growing health awareness, demand for high-quality cooking oils, and the oil's various applications across sectors, including cosmetics, nutraceuticals, and pharmaceuticals.

Scope and Research Methodology: Maximize Market Research has conducted a comprehensive analysis of the Rice Bran Oil Market, covering historical trends, present market conditions, and future projections. Utilizing robust research methods, the report offers an extensive overview of key market drivers, limitations, and opportunities, providing valuable data for stakeholders to support decision-making processes.

Report Coverage: The report explores various aspects of the Rice Bran Oil Market, including market size, growth rates, and regional segmentation. It details current trends, competitive analysis, pricing, revenue breakdowns, and key challenges facing the industry. The comprehensive analysis covers major players, business models, and market dynamics.

Overview: Rice bran oil, renowned for its beneficial properties such as high antioxidants and low trans-fat levels, is increasingly popular among consumers and industries alike. The market’s expansion reflects a growing interest in natural, health-enhancing oils and rising applications in personal care and nutraceutical products.

Dynamics: The market’s growth is fueled by rising consumer health consciousness, dietary preference shifts, and advancements in oil extraction technology. However, market expansion is also influenced by challenges like price volatility and limited consumer awareness in some regions.

Segmentation: The Rice Bran Oil Market is segmented by Type (Organic, Non-organic), Grade (Refined, Raw Grade 1, Raw Grade 2), Application (Food and Beverages, Cosmetics, Pharmaceuticals, Personal Care, Nutraceutical, Animal Feed, Others), and Sales Channel (Supermarkets, Convenience Stores, Specialty Stores, Online Shops, Others).

Key Players Include: The report identifies leading players in the Rice Bran Oil Market, such as Adani Wilmar, Modi Naturals, Marico, Conagra Foods, BCL Industries, King Rice Oil Group, and California Rice Oil Company. These companies are innovating in production processes and product offerings, targeting consumers seeking healthy, versatile oils.

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