How Big Will the Rice bran oil Market Be by 2032? Forecasting Opportunities, Market Size & Investment Trends

Global rice bran oil market is experiencing steady growth, with its valuation reaching USD 1.52 billion in 2025. According to industry analysis, the market is projected to grow at a CAGR of 3.1%, reaching approximately USD 1.84 billion by 2032. This expansion is primarily driven by increasing health consciousness globally and the oil's multiple applications in food, cosmetics, and pharmaceutical industries.

Rice bran oil, extracted from the outer layer of rice grains, has gained significant traction due to its high nutritional value and antioxidant properties. Its ability to reduce cholesterol levels and high smoke point make it particularly attractive to health-conscious consumers and food manufacturers alike.

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Market Overview & Regional Analysis

Asia-Pacific dominates the global rice bran oil market with over 75% market share, led by India which accounts for 40% of global production. The region benefits from abundant raw material availability, established processing infrastructure, and growing domestic demand for healthier cooking oils.

North America shows the fastest growth at 4.2% CAGR, driven by increasing adoption in health food products. Europe maintains a niche premium market, while emerging economies in South America and Africa are showing promising potential as consumer awareness grows.

Key Market Drivers and Opportunities

The market is primarily driven by rising health consciousness globally, with rice bran oil's cholesterol-reducing properties being a key selling point. The oil contains oryzanol and vitamin E, which clinical studies show can reduce LDL cholesterol by 7-10% with regular use.

Significant opportunities exist in product innovation, particularly in organic and cold-pressed variants that command 40-60% price premiums. The cosmetic industry represents a growing application sector, accounting for 18-22% of global usage due to rice bran oil's skin-nourishing properties.

Challenges & Restraints

The market faces challenges including high production costs (25-30% higher than conventional oils) and limited raw material availability. Rice bran constitutes only 8-10% of paddy by weight and must be processed within hours to prevent rancidity, creating logistical constraints.

Consumer education remains a significant barrier in Western markets where awareness of rice bran oil's benefits is limited compared to established alternatives like olive and sunflower oils.

Market Segmentation by Type

• Extraction

• Squeezing

• Others

Market Segmentation by Application

• Food

• Cosmetic

• Industrial

Market Segmentation and Key Players

• Ricela

• Kamal

• BCL

• SVROil

• Vaighai

• A.P. Refinery

• 3F Industries

• Wilmar International

• Tsuno Rice Fine Chemicals

• Oryza Oil & Fat Chemical

Report Scope

This report presents a comprehensive analysis of the global and regional markets for Rice Bran Oil, covering the period from 2025 to 2032. It includes detailed insights into the current market status and outlook across various regions and countries, with specific focus on:

• Sales, sales volume, and revenue forecasts

• Detailed segmentation by type and application

In addition, the report offers in-depth profiles of key industry players, including:

• Company profiles

• Product specifications

• Production capacity and sales

• Revenue, pricing, gross margins

• Sales performance

It further examines the competitive landscape, highlighting the major vendors and identifying the critical factors expected to challenge market growth.

As part of this research, we surveyed Rice Bran Oil companies and industry experts. The survey covered various aspects, including:

• Revenue and demand trends

• Product types and recent developments

• Strategic plans and market drivers

• Industry challenges, obstacles, and potential risks

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