1st April 2020 – Global Rice
Bran Oil Market report offers the latest industry trends, technological
alteration and forecast data. A deep-dive view of Rice Bran Oil industry based
on its size, growth, development plans, and opportunities is offered by this
report. The forecast information, SWOT analysis, Rice Bran Oil barriers, and
feasibility study are the vital aspects evaluated in this report.
Market Slingshot:
The scope of the global Rice Bran
Oil Market was appreciated at US$ 4.04 billion in 2018. The range is projected
to touch US$ 5.12 billion by 2025, growing at a CAGR of 3.44% for the duration
of the forecast.
This is attributed to an ever-increasing
health consciousness regarding edible oils to lessen the levels of cholesterol.
The present scenario is such that rice bran oil is being promoted as one of the
premium products with it being a proven anti-oxidant. Moreover, it is cheaper
in comparison with olive oil. Besides, the shelf life of rice bran oil is more
than sunflower oil due to the fact that it has an optimal balance of PUFA and
MUFA.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Rice Bran Oil Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Rice Bran Oil Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
Market Scope:
The American Heart Association and World
Health Organization (WHO) have given a nod to propagation of rice bran oil.
This factor is expected to bolster the rice bran oil market. Plus, this oil is
one of the ingredients of biscuits, pizza, cookies, and cakes. The ratio is up
to 20%. This adds to the taste along with simplifying chewing of bakery
products.
Regional Insights:
The Asian economies are home to abundant
rice as a raw material to rice bran oil. This shows that Vietnam, Thailand,
Japan, China, and India would be the torchbearers in terms of exporting rice
bran oil in the upcoming period. Formation of International Council of Rice
Bran Oil (ICRBO) in 2013 has given an impetus to uniformity in commerce &
trade among member economies and also improving communication amongst the
manufacturers, academic researchers, and local governments. It is also working
toward sponsoring training programs for members involved in technical
development and work.
A positive development with India is
that its SEA (Solvent Extractors Association) is on ICRBO board to promote rice
bran oil in different parts of India as one of the richest sources of vitamin E
coupled with high oryzonal content.
Miscellaneous:
Personal care & cosmetics are also
boosting the rice bran oil industry. Oryzol provides protection against UV
light and finds its presence in sunscreen lotions. Ferulic acid therein aids in
catalyzing hair growth and averts aging. In the U.S. and Japan, bath soaps also
have rice bran oil as an ingredient.
Market Segmentation & Players:
The global rice bran oil market is
segmented based on geography into the U.S., Russia, South Africa, UAE, Saudi
Arabia, Mexico, Brazil, South Korea, Japan, India, China, Italy, and U.K. The
players contributing to the market include BCL Industries & Infrastructure,
Sethia and A.P. Refineries Pvt. Ltd., 3F Industries Ltd., and Ricela Health
Foods.
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