What is Rice Bran Derivatives - Global Market?
Rice bran derivatives are products derived from the outer layer of rice grains, known as rice bran. This layer is rich in nutrients and bioactive compounds, making it a valuable resource for various industries. The global market for rice bran derivatives is driven by the increasing awareness of their health benefits and their versatile applications across different sectors. These derivatives include rice bran oil, rice bran meal, rice bran wax, rice bran protein, and rice bran fiber, among others. Each of these products has unique properties and uses, contributing to the growing demand in the market. The market is also influenced by the rising trend of sustainable and natural ingredients in consumer products. As consumers become more health-conscious and environmentally aware, the demand for rice bran derivatives is expected to grow. The market is characterized by a diverse range of applications, from food and beverages to cosmetics and pharmaceuticals, highlighting the versatility and potential of rice bran derivatives in various industries. The global market for rice bran derivatives is poised for significant growth, driven by the increasing demand for natural and sustainable products.
Rice Bran Oil, Rice Bran Meal, Rice Bran Wax, Rice Bran Protein, Rice Bran Fiber, Others in the Rice Bran Derivatives - Global Market:
Rice bran oil is one of the most popular derivatives, known for its high smoke point and mild flavor, making it ideal for cooking and frying. It is rich in antioxidants, such as vitamin E and oryzanol, which contribute to its health benefits, including cholesterol reduction and heart health improvement. Rice bran meal, on the other hand, is a byproduct of rice milling and is used primarily as animal feed due to its high protein and fiber content. It provides essential nutrients to livestock, enhancing their growth and productivity. Rice bran wax is another derivative, used in cosmetics and personal care products for its emollient properties. It acts as a natural thickener and stabilizer in formulations, providing a smooth texture and enhancing the product's shelf life. Rice bran protein is gaining popularity as a plant-based protein source, suitable for vegetarians and vegans. It is used in protein supplements, energy bars, and other health products, offering a complete amino acid profile. Rice bran fiber is valued for its dietary fiber content, promoting digestive health and weight management. It is incorporated into various food products, such as cereals, snacks, and baked goods, to enhance their nutritional value. Other rice bran derivatives include rice bran extract and rice bran flour, which are used in different applications for their functional and nutritional properties. The global market for rice bran derivatives is diverse, with each product catering to specific needs and preferences, contributing to the overall growth and development of the industry.
Food and Beverages, Animal Feed, Cosmetics and Personal Care, Biofuel, Pharmaceuticals and Nutraceuticals, Others in the Rice Bran Derivatives - Global Market:
Rice bran derivatives find extensive usage in the food and beverages industry, where they are incorporated into various products to enhance nutritional value and improve health benefits. Rice bran oil, for instance, is used as a cooking oil due to its high smoke point and health benefits, while rice bran fiber is added to cereals and snacks to boost dietary fiber content. In the animal feed industry, rice bran meal is a valuable ingredient, providing essential nutrients to livestock and improving their growth and productivity. The cosmetics and personal care industry utilizes rice bran wax for its emollient properties, enhancing the texture and stability of products such as lotions, creams, and lip balms. In the biofuel sector, rice bran oil is explored as a potential feedstock for biodiesel production, contributing to sustainable energy solutions. The pharmaceutical and nutraceutical industries leverage rice bran protein and other derivatives for their health-promoting properties, incorporating them into supplements and functional foods. Other applications of rice bran derivatives include their use in industrial products, such as lubricants and coatings, where their unique properties offer functional benefits. The versatility of rice bran derivatives across various industries highlights their potential to meet diverse consumer needs and preferences, driving their demand in the global market.
Rice Bran Derivatives - Global Market Outlook:
The global market for rice bran derivatives was valued at approximately $7,330 million in 2023 and is projected to reach an adjusted size of $11,540 million by 2030, with a compound annual growth rate (CAGR) of 6.7% during the forecast period from 2024 to 2030. This growth is driven by the increasing demand for natural and sustainable products across various industries. In North America, the market for rice bran derivatives was valued at a significant amount in 2023 and is expected to grow steadily, reaching a substantial value by 2030. The CAGR for this region during the forecast period is indicative of the growing awareness and adoption of rice bran derivatives in various applications. The market outlook reflects the potential for rice bran derivatives to become a key component in the development of innovative and sustainable products, catering to the evolving needs of consumers. As industries continue to explore the benefits and applications of rice bran derivatives, the market is poised for significant growth and expansion, offering opportunities for businesses to capitalize on this trend.
Report Metric | Details |
Report Name | Rice Bran Derivatives - Market |
Forecasted market size in 2030 | US$ 11540 million |
CAGR | 6.7% |
Forecasted years | 2024 - 2030 |
Segment by Type: |
|
Segment by Application |
|
By Region |
|
By Company | Wilmar International Ltd., Riceland Foods, Inc., BCL Industries & Infrastructure Ltd, Archer Daniels Midland Company, Agrotech International Ltd, RiceBran Technologies, Kaisuri Co., Ltd, Agro Tech Foods Ltd., Maharashtra Solvent Extraction (P) Ltd, Golden Grain Group Limited |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |