Rice Bran Oil Market Strategic Partnerships, In-Depth Exploration of the Industry & Share By 2023 to 2031

     

 

Market Overview:

The Rice Bran Oil Market has witnessed significant growth in recent years, driven by increasing consumer awareness regarding the health benefits associated with this edible oil. Rice bran oil, extracted from the outer layer of rice grains, is renowned for its high smoke point and nutritional content, including antioxidants and vitamin E. As health-conscious consumers seek alternatives to traditional cooking oils, the demand for rice bran oil has surged. Additionally, the expanding food industry and the growing popularity of Asian cuisines, where rice bran oil is a staple, contribute to the market's upward trajectory. The market is characterized by a competitive landscape with key players focusing on product innovation and sustainable production practices to gain a competitive edge.

Rice Bran Oil Market was USD 7,116.27 Million in 2022.It is projected to reach USD 15,141.02 Million by 2031, indicating a CAGR of 9.0%during the forecast period.

Get Sample Report Here:

Market Key Players:

Cargill Incorporated, Adani Wilmar Ltd., Marico Ltd., BCL Industries Limited, King Rice Oil Group, Ricela Group of Companies, Modi Naturals Ltd., Emami Agrotech Ltd., Zhejiang Delekang Food Co., Ltd., and 3F Industries Ltd

Market key drivers:

The surge in the rice bran oil market is propelled by various factors. Firstly, the increased awareness of the health advantages linked to rice bran oil, including its ability to lower cholesterol and its antioxidant properties, is steering consumers towards healthier cooking oil options. Secondly, the thriving food industry, particularly in Asia where rice bran oil is a fundamental element in numerous culinary traditions, is a driving force behind market expansion. Furthermore, the growth of the cosmetics and pharmaceutical sectors is opening up new opportunities for the utilization of rice bran oil. The market is also affected by the growing preference for clean-label products, as consumers increasingly seek natural and minimally processed ingredients for both their food and personal care choices.

Market Segmentation:

By Type

·         Refined Oil

·         Filtered Oil

By End-user Industry

·         Pharmaceutical

·         Food & Beverages

·        Cosmetics

By Distribution Channel

·         Offline Hypermarket and Supermarket

·         Convenience Store

·         Online E-commerce Platform

·         Company Website

Regional Analysis:

The market growth was predominantly driven by the Asia Pacific region, which made the largest contribution to the overall share. The rise in disposable income in countries like India and China has resulted in an elevated demand for high-quality and health-focused food ingredients, with rice bran oil being a notable example in the Asia Pacific market

Click Here To Get: Rice Bran Oil Market Dynamics

About Us:

Consegic Business Intelligence Pvt Ltd. is the leading research industry that offers contextual and data-centric research services to its customers across the globe. The firm assists its clients to strategize business policies and accomplish sustainable growth in their respective market domains. The industry provides consulting services, syndicated research reports, and customized research reports.

Topnotch research organizations and institutions to comprehend the regional and global commercial status use the data produced by Consegic Business Intelligence Pvt Ltd. Our reports comprise in-depth analytical and statistical analysis on various industries in foremost countries around the globe.

Contact us:

Consegic Business intelligence Pvt Ltd.

Contact no: (US) (505) 715-4344

Email: sales@consegicbusinessintelligence.com

 

 

 

 

 

 

Comments

Post a Comment

Popular posts from this blog

Vinyl Ester Resins Market Share Analysis, Suppliers, Properties & Customer Analysis

  Vinyl Ester Resins Market Overview: The global vinyl ester resins market is estimated to reach a value of USD 1,320.86 Million by 2030, growing at a CAGR of 4.8% from 2023 to 2030. This impressive growth is fueled by their superior properties, making them ideal for applications in infrastructure, marine, transportation, and chemical processing industries. Vinyl ester resins, known for their exceptional strength, corrosion resistance, and versatility, are witnessing a surge in demand across various industries. This report delves into the intricate landscape of the vinyl ester resins market dynamics analyzing its key drivers, restraints, opportunities, and recent developments. Market Drivers: Infrastructure development: Extensive investments in infrastructure projects worldwide, particularly in emerging economies, create a significant demand for vinyl ester resins used in pipes, tanks, and other construction materials. Marine industry boom: The burgeoning marine industry...
Read more

Biological Safety Cabinet Market Overview, Demand, Industry Analysis, Future Prospects By 2023-2031

  Biological Safety Cabinet Market Overview: The Biological Safety Cabinet Market was valued at USD 176.25 million in 2022   and is estimated to reach over USD   357.30 Million by 2031.and grow at a CAGR of 8.2% during the forecast period. Within the bustling realm of scientific laboratories, a silent sentinel safeguards researchers and the environment: the biological safety cabinet (BSC). This seemingly simple box protects against the unseen threat of airborne biohazards, ensuring safe handling of infectious agents and promoting public health. Today, we'll dissect the dynamics of the biological safety cabinet market, exploring its driving forces, roadblocks, and exciting future prospects. This growth is fueled by the rising threat of emerging and re-emerging infectious diseases, increased biosafety awareness, and stringent regulations mandating BSC use in research and healthcare facilities. Biological Safety Cabinet Market Drivers: The Scourge of Pandemics: Th...
Read more

Viscose Staple Fiber Market Analysis by Advanced Technology, Trends, Forecasts to 2030

  Viscose Staple Fiber Market Overview: The global viscose staple fiber market is estimated to be worth around USD 12,830.00 million in 2022, with a projected CAGR of 4.7% until 2030. Viscose staple fiber is a man-made cellulosic fiber derived from wood pulp, resembling cotton in many properties. It offers versatility, breathability, and drape, making it a popular choice for various textile applications. Viscose Staple Fiber Market Drivers: Rising demand from the apparel industry: VSF is widely used in clothing for its softness, comfort, and ability to blend seamlessly with other fibers. Growing consumer preference for sustainable and eco-friendly textiles further drives the market. Increasing disposable income: Rising living standards in emerging economies like India and China are fueling demand for textile products, including those made with VSF. Sustainability concerns: Consumers are increasingly conscious of environmental impact, and VSF's biodegradability and renew...
Read more