Refined Rice Bran Oil Industry

Description

A good quality cooking oil does not just add life to the common food items but also plays a key role in maintaining good cholesterol levels and heart health. Poor quality oil can adversely affect a person’s cholesterol levels, alter the metabolic syndrome. Utilizing the right kind of oil can also result in reduced inflammation. Growing health consciousness and rising inclination towards nutritious and fat-free food products are the primary factors driving the Refined Rice Bran Oil market growth. Rice bran oil, on account of having low cholesterol and high antioxidant content, is expected to be increasingly adopted by a large number of consumers.

A large number of people have started using refined rice bran oil for its good taste and high nutritional content. According to expert’s suggestions the presence of monounsaturated, polyunsaturated, and saturated fats in refined rice bran oil makes it more valuable and safer as compared to other vegetable oils. Refined rice bran oil is also utilized as a salad dressing as it is odourless and flavourless. In addition, refined rice bran oil is an extremely rich source of oryzanol, which tends to protect the skin against harmful Ultraviolet rays. Consumption of rice bran oil facilitates hair growth and slows down the cycle of ageing.

The above-mentioned factors are expected to drive the demand for rice bran oil the pharmaceutical, cosmetic, and personal care industries. However, high consumption of the rice bran oil can cause unpredictable bowel movements, intestinal gas, and stomach discomfort as the fibres present in refined rice bran oil might block the digestive tract. This factor is expected to impede the growth of refined rice bran oil market. The food & beverage application segment is expected to witness considerable growth in the future, owing to increased product usage in the preparation of different foods and beverages. For instance, in the Asia Pacific countries, including India, China, and Japan, refined rice bran oil is commonly used to prepare an everyday meal.

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Company Coverage (Sales Revenue, Price, Gross Margin, Main Products etc.):

Ricela, BCL, SVROil, Vaighai agro products, A.P. Refinery, 3F Industries, Sethia Oils, BIRBHUM OILS INDUSTRIES, Jain Group of Industries, Tsuno Rice Fine Chemicals, Agrotech International, Shivangi Oils, Kamal, Balgopal, Oryza Oil & Fat Chemical, King rice oil group, Habib Industries, Wilmar International, Surin Bran Oil, Suriny, RITO, RiceBran Technologies, Wanyuan Food & Oil, Qaxld, Jinrun, Honghulang Rice Industry, Hubei Tianxing

Market Segmentation

The global refined rice bran oil market can be analyzed on the basis of application areas, regional markets, and the prominent market players. Based on application areas, refined rice bran oil market can be segmented into-

• Food
• Cosmetic
• Industry
• Others (Nutraceutical and Animal Feed)

The cosmetic application segment expected to contribute to the growth of global refined rice bran oil market. The nutraceutical application segment is expected to witness considerable growth in the future. Increasing awareness regarding the benefits of refined rice bran oil in the treatment of various chronic diseases. Moreover, Gamma Oryzanol, an active ingredient of rice bran, is commonly utilized in medicines that are used to treat several degenerative disorders. All these factors are foreseen to drive the demand for refined rice bran oil in the nutraceutical sector.

Regional Analysis

Based on geography, the global refined rice bran oil market can be segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa. The Asia Pacific is the dominant market for refined rice bran oil. The growth of Asia Pacific refined rice bran oil market can be primarily attributed to increased product consumption in several Asian countries, including India and China, due to huge rice production bases.  North American refined rice bran oil market is projected to prosper with a considerable growth rate due to increased product demand as a result of growing health consciousness among consumers and rising awareness regarding the benefits of rice bran oil. Moreover, some leading manufacturers are focusing to target emerging markets, such as the US and Europe, by launching high-quality products.

Industry News

Fortune, a prominent oil manufacturing and retailing brand, has launched high-quality refined rice bran cooking oil. The brand claims that its Rice Bran Health Oil is India’s highest-selling rice bran oil. Fortune rice bran health oil is rich in Vitamin A, D & E, and has valuable squalene which brightens skin tone, improves skin quality, and delays wrinkle formation, along with a host of other rice bran oil advantages.

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