Global Rice Bran Oil Market - Industry Trends and Forecast to 2029

Global Rice Bran Oil Market – Industry Trends and Forecast to 2029
Due to its potential health benefits, rice bran oil has recently gained popularity among consumers. Rice bran oil contains healthy fats as well as a variety of other nutrients that are essential for human health. Rice bran oil also promotes healthy blood sugar levels by reducing insulin resistance, a risk factor for type 2 diabetes.
Data Bridge Market Research analyses that rice bran oil market was valued at USD 4.98 billion in 2021 and is expected to reach the value of USD 8.69 billion by 2029, at a CAGR of 7.21% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Global Rice Bran Oil Market Dynamics
Drivers
• The health benefits associated with consumption of rice bran oil
Rising awareness of rice bran oil’s numerous health benefits has increased its consumption. This, combined with the high demand for low-fat and high-nutritional-content foods and beverages, is fuelling market growth. Furthermore, the World Health Organization (WHO) and the American Heart Association have approved the use of rice bran oil, claiming that its monounsaturated, polyunsaturated, and saturated fats composition is much safer than that of most other vegetable oils.
• Rice bran as an important component in personal care and pharma industries
Rice bran oil contains oryzanol, which promotes hair growth, protects the skin from U.V. rays, and prevents ageing, it has become an important component in the cosmetics and pharmaceutical industries for the production of soaps, moisturisers, lotions, and hair care products. Other key factors driving market growth include rapid urbanisation, rising disposable incomes, changing lifestyles, aggressive marketing by manufacturers, and increased penetration in both developed and emerging markets.
Opportunity
The increased emphasis on precision nutrition may provide an opportunity to accelerate market growth. Other factors that are expected to drive the growth of the rice bran oil market in the future include advancements in rice brain oil production technology by oil producers.
Restraints
The decreasing volume of planting rates, combined with the increasing duration of new plant biotechnology traits, will likely act as market restraints for the growth of the rice bran oil markets during the forecast period. Changing weather patterns, combined with government regulations, will be the most significant and immediate challenges to market growth.
This rice bran oil market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the rice bran oil market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

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