What is the Historical Analysis of the Rice Bran Derivatives Market Size?
The rice bran derivatives market has seen considerable growth due to a variety of factors.
•In recent years, there has been robust growth in the market size of rice bran derivatives. The market, which is set to expand from $7.31 billion in 2024 to $7.84 billion in 2025, will do so at a compound annual growth rate (CAGR) of 7.3%.
The surge experienced in the historical timeline is due to factors such as the rising trend of health-conscious consumers, growth in the food and beverage sector, heightened understanding of nutritional benefits, expansion of the cosmetics industry, and the globalization of trade.
What is the Forecasted Growth of the Rice Bran Derivatives Market Size?
The rice bran derivatives market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of rice bran derivatives is projected to significantly expand in the coming years, rising to $10.1 billion by 2029, with a compound annual growth rate (CAGR) of 6.6%.
Factors contributing to this growth during the predicted period include the burgeoning demand for natural and organic products, the growth of the pharmaceutical sector, the elevated usage of rice bran derivatives in animal feed, the increasing trend of functional foods, and shifting dietary habits. Expected trends during the forecast timeframe encompass the emergence of innovative applications for rice bran derivatives, heightened emphasis on sustainable and eco-friendly production techniques, increased inclusion of rice bran derivatives in personal care items, the introduction of clean labeling in food merchandise, and the development of novel extraction and processing methods.
What Key Factors and Trends are Driving the Growth of the Rice Bran Derivatives Market?
The rice bran derivatives market is predicted to expand due to the surging demand within the food and beverage industry. This industry encompasses every business involved in the processing, packaging, and dispersing of raw food goods, freshly created meals, and both alcoholic and nonalcoholic beverages. Rice bran can be utilized in this industry as a carrier for bioactive components, a flavor enhancer, and for oil extraction. For example, the United States Department of Agriculture, a government entity in the US, indicated in March 2023 that from 2021 to 2022, the total value of US food imports had increased from $1,74,144.8 million to $1,99,835.8 million. Furthermore, in 2022, the value of imported beverages in the US saw a rise from $15,760 million to $16,076.5 million. Consequently, this escalating demand in the food and beverage industry acts as a driving force for the growth of the rice bran derivatives market.
What are the Market Segments in the Rice Bran Derivatives Market?
The rice bran derivatives market covered in this report is segmented –
1) By Product: Rice Bran Oil, Rice Bran Meal
2) By Application: Food And Beverages, Animal Feed, Cosmetics And Personal Care, Biofuel, Pharmaceuticals And Nutraceuticals, Other Applications
3) By End-Use: Industrial, Retail
Subsegments:
1) By Rice Bran Oil: Refined Rice Bran Oil, Crude Rice Bran Oil
2) By Rice Bran Meal: De-oiled Rice Bran Meal, Full-Fat Rice Bran Meal
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What Trends are Shaping the Rice Bran Derivatives Market?
Progress in manufacturing and extraction techniques is a significant emerging trend in the rice bran derivatives industry. Key corporations in this market are adopting innovative production methods to preserve their market positioning. For instance, in July 2022, POLYCON CO. LTD., a Japan-based firm specialising in wax dispersion, unveiled its first alcohol-based rice bran wax dispersion named POLYCON RB-1. This product is fabricated by blending rice bran wax with IPA and fine-tuning the viscosity and particle size. Areas of application include addition to gravure printing inks for food packaging, building supplies, auto parts, along with paints used in the construction sector and other industries to heighten abrasion resistance and prevent blocking.
Who Are the Key Players in the Rice Bran Derivatives Market?
Major companies operating in the rice bran derivatives market include:
• Riceland Foods
• A.P. Refinery Private Limited
• RiceBran Technologies
• RITO Partnership
• Wilmar International Ltd.
• Alestron International
• Agro Tech Foods Ltd.
• Marico Limited
• TSUNO Group
• Vaighai Agro Products Ltd.
• NIKKOL Group
• Golden Grain Group Ltd.
• BCL Industries Ltd.
• Natural Sourcing LLC
• NutraCea
• BENEO GmbH
• Cargill Inc.
• Sonarome Private Limited
• Shiv Sahai & Sons
• Angel Commodities Broking Pvt. Ltd.
• King Rice Oil Group
• Kasisuri Co.Ltd.
• Oryza Oil & Fat Chemical Co. Ltd.
• Vijayawada Oil & Feed Mills Pvt. Ltd.
• Sigma Alimentos
• Agrotech International Pvt. Ltd.
• Konark Group
• Jain Group of Industries
• Maika Foods
• Abinash Enterprise
What are the Regional Insights into the Rice Bran Derivatives Market?
Asia-Pacific was the largest region in the rice bran derivatives market in 2024. The regions covered in the rice bran derivatives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
