Rice Bran Oil Market Propelling Growth: Examining Growth Drivers, Regional Scope, CAGR Estimates, Developing Technology, Competitive Landscape, and Research Forecasts Until 2031 |
Rice Bran Oil Market Overview:
The Rice Bran Oil Market has experienced substantial growth in recent years, owing to
its reputation as a heart-healthy cooking oil and its diverse applications in
the food, cosmetic, and pharmaceutical industries. Rice Bran Oil is extracted
from the outer bran layer of rice grains and is known for its high smoke point
and nutritional qualities.
The Rice Bran Oil Market was valued
at USD 7,116.27 Million in 2022 and is estimated to reach over USD 15,141.02
Million by 2031 and grow at a CAGR of 9.0% during the forecast period.
Key Players in the Rice Bran Oil
Market:
· 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.
· 3F Industries Ltd.
Market Segmentation:
By Type
· Refined Oil
· Filtered Oil
By Application
· Hair Oil
· Skin Care
· Cosmetics
· Edible Oil
· Others
By End-user Industry
· Pharmaceutical
· Food & Beverages
· Cosmetics
· Others
By Distribution Channel
· Offline (Hypermarket and Supermarket,
Convenience Store, and Other)
· Online (E-commerce Platform and
Company Website)
Click Here To Know About: Rice Bran Oil Market Demand
Regional Analysis:
The regional
analysis of the Rice Bran Oil market reveals varying levels of demand and
production across different regions. Asia-Pacific, particularly countries like
India, China, and Japan, dominates the market due to the traditional use of
Rice Bran Oil in their cuisines. Additionally, the cosmetic and pharmaceutical
industries in these regions heavily rely on Rice Bran Oil for its natural
properties. North America and Europe follow suit, with a growing preference for
healthier cooking oils and a surge in the demand for natural cosmetics. Latin
America and the Middle East and Africa are also witnessing an increasing
adoption of Rice Bran Oil, driven by its perceived health benefits and
versatility.
Contact us:
Consegic Business intelligence Pvt Ltd.
Contact no: (US) (505) 715-4344
Email: sales@consegicbusinessintelligence.com
Comments
Post a Comment