The global rice bran oil market is witnessing significant growth due to the increasing demand for healthier edible oils and the rising awareness about its nutritional properties. Extracted from the outer layer of the rice grain, rice bran oil is a byproduct of rice milling and is rapidly gaining popularity in both household and industrial applications. This trend is largely driven by its balanced composition of saturated, monounsaturated, and polyunsaturated fats, making it a heart-healthy alternative to traditional cooking oils.
Rice Bran Oil Industry is projected to grow from USD 7.4 Billion in 2024 to USD 14.34 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.63% during the forecast period (2024 - 2032).
Asia-Pacific dominates the rice bran oil market, with countries like India, China, and Japan being major producers and consumers. In India, rice bran oil is promoted by nutritionists and government initiatives as a healthier option due to its cholesterol-lowering effects and presence of antioxidants like oryzanol. Moreover, increasing disposable incomes, urbanization, and lifestyle shifts are encouraging consumers to explore healthier food alternatives, further fueling demand for rice bran oil.
In addition to household usage, rice bran oil has found significant applications in the food processing industry, cosmetics, and pharmaceuticals. Its high smoke point makes it ideal for deep frying, while its light flavor ensures it does not overpower the taste of foods. The cosmetic and personal care industry is also leveraging rice bran oil for its emollient properties and skin-enhancing benefits, which are attributed to its vitamin E and fatty acid content.
From a commercial perspective, companies are focusing on product innovation, brand promotion, and sustainable sourcing to gain a competitive edge. As the trend towards plant-based and natural ingredients continues, rice bran oil is expected to carve out a strong position in the global edible oils segment. With increasing R&D investment and growing awareness among consumers, the rice bran oil market is set to experience sustained expansion in the coming years.
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