What is Global Refined Rice Bran Oil Market?
The Global Refined Rice Bran Oil Market is a dynamic and evolving sector within the edible oil industry. Rice bran oil is extracted from the outer layer of rice, known as the bran, which is a byproduct of rice milling. This oil is highly valued for its nutritional benefits, including a balanced composition of fatty acids, antioxidants, and vitamins. It is particularly rich in gamma-oryzanol, a compound known for its cholesterol-lowering properties. The global market for refined rice bran oil is driven by increasing consumer awareness of health and wellness, leading to a growing demand for healthier cooking oils. Additionally, the versatility of rice bran oil in various applications, such as food, cosmetics, and industrial uses, contributes to its market growth. The market is characterized by a diverse range of players, from large multinational corporations to smaller regional producers, all competing to capture a share of this lucrative market. As consumer preferences continue to shift towards healthier and more sustainable products, the Global Refined Rice Bran Oil Market is poised for further expansion and innovation.
Extraction, Squeezing in the Global Refined Rice Bran Oil Market:
The extraction and squeezing processes are fundamental to the production of refined rice bran oil, playing a crucial role in determining the quality and yield of the final product. The extraction process typically begins with the collection of rice bran, a byproduct of rice milling. This bran is then subjected to a series of mechanical and chemical processes to extract the oil. The most common method of extraction is solvent extraction, which involves using a solvent, usually hexane, to dissolve the oil from the bran. This method is favored for its efficiency and ability to extract a high percentage of oil. However, it requires careful handling and processing to ensure the removal of any residual solvent, which could affect the oil's quality and safety. Another method is mechanical pressing or expeller pressing, where the oil is physically squeezed out of the bran using a mechanical press. This method is considered more natural and environmentally friendly, as it does not involve chemical solvents. However, it typically yields less oil compared to solvent extraction. Once the oil is extracted, it undergoes a refining process to remove impurities and improve its quality. This involves several steps, including degumming, neutralization, bleaching, and deodorization. Degumming removes phospholipids and other impurities, while neutralization involves the removal of free fatty acids to improve the oil's stability and shelf life. Bleaching is used to remove color pigments and other impurities, resulting in a clearer oil. Finally, deodorization is a steam distillation process that removes any remaining odors and flavors, resulting in a neutral-tasting oil suitable for various applications. The squeezing process, particularly in mechanical pressing, is critical in determining the oil's quality. The pressure applied during squeezing must be carefully controlled to maximize oil yield while minimizing damage to the oil's nutritional components. The temperature during squeezing is also crucial, as excessive heat can degrade the oil's quality. Cold pressing, a variant of mechanical pressing, is often used to produce high-quality rice bran oil, as it involves pressing the bran at low temperatures to preserve the oil's nutritional properties. The choice between solvent extraction and mechanical pressing depends on various factors, including the desired oil quality, production capacity, and environmental considerations. Solvent extraction is typically used for large-scale production due to its efficiency and higher yield, while mechanical pressing is favored for smaller-scale production and for producing premium-quality oil. Both methods have their advantages and challenges, and producers must carefully consider these factors when choosing the appropriate extraction method. In the Global Refined Rice Bran Oil Market, extraction and squeezing processes are continually evolving, with advancements in technology and techniques aimed at improving efficiency, yield, and oil quality. Innovations such as enzymatic extraction, which uses enzymes to break down the bran and release the oil, are being explored as more sustainable and efficient alternatives to traditional methods. As the demand for refined rice bran oil continues to grow, driven by increasing consumer awareness of its health benefits and versatility, the extraction and squeezing processes will remain at the forefront of industry developments, shaping the future of this dynamic market.
Food, Cosmetic, Industry, Others in the Global Refined Rice Bran Oil Market:
The usage of refined rice bran oil spans across various sectors, including food, cosmetics, industry, and others, each leveraging the oil's unique properties to meet specific needs. In the food industry, refined rice bran oil is highly valued for its health benefits and versatility. It is commonly used as a cooking oil due to its high smoke point, which makes it suitable for frying and other high-temperature cooking methods. Its mild flavor and light texture make it an ideal choice for salad dressings, marinades, and baking. Additionally, the oil's balanced composition of fatty acids and antioxidants, such as vitamin E and gamma-oryzanol, contribute to its popularity as a healthier alternative to traditional cooking oils. These nutritional benefits align with the growing consumer demand for healthier food options, driving the adoption of rice bran oil in various culinary applications. In the cosmetics industry, refined rice bran oil is prized for its moisturizing and anti-aging properties. It is commonly used in skincare products, such as creams, lotions, and serums, due to its ability to penetrate the skin easily and provide deep hydration. The oil's high content of antioxidants, including vitamin E and ferulic acid, helps protect the skin from environmental damage and reduce the appearance of fine lines and wrinkles. Its light texture and non-greasy feel make it suitable for all skin types, including sensitive and acne-prone skin. Additionally, rice bran oil is used in hair care products for its nourishing and conditioning properties, helping to improve hair strength and shine. In the industrial sector, refined rice bran oil finds applications in the production of biodiesel, lubricants, and other industrial products. Its high oxidative stability and low viscosity make it an attractive option for biodiesel production, offering a renewable and sustainable alternative to fossil fuels. The oil's lubricating properties are also utilized in the manufacturing of industrial lubricants and greases, where it helps reduce friction and wear in machinery and equipment. Furthermore, rice bran oil is used in the production of soaps and detergents, where its emulsifying properties contribute to the formulation of effective cleaning products. Beyond these primary sectors, refined rice bran oil is also used in other applications, such as animal feed and pharmaceuticals. In animal nutrition, the oil is used as a source of energy and essential fatty acids, contributing to the overall health and well-being of livestock and pets. In the pharmaceutical industry, rice bran oil is used as a carrier oil for the formulation of various medicinal products, leveraging its stability and compatibility with active ingredients. The diverse applications of refined rice bran oil across these sectors highlight its versatility and value as a multifunctional ingredient. As consumer awareness of the oil's benefits continues to grow, its usage is expected to expand further, driving innovation and development in the Global Refined Rice Bran Oil Market.
Global Refined Rice Bran Oil Market Outlook:
In 2024, the global market for refined rice bran oil was valued at approximately $1,369 million. This market is anticipated to grow steadily, reaching an estimated value of $1,679 million by 2031, with a compound annual growth rate (CAGR) of 3.0% over the forecast period. The market is characterized by a competitive landscape, with the top five manufacturers collectively holding a significant share of over 25%. This indicates a moderately concentrated market where a few key players dominate, yet there is room for smaller companies to compete and innovate. In terms of product segmentation, the extraction process stands out as the largest segment, accounting for over 60% of the market share. This highlights the importance of efficient extraction methods in the production of refined rice bran oil, as they directly impact the quality and yield of the final product. The dominance of the extraction segment underscores the ongoing advancements and investments in extraction technologies, aimed at improving efficiency and sustainability. As the market continues to evolve, the focus on refining extraction processes and enhancing product quality will remain central to the strategies of leading manufacturers. This growth trajectory reflects the increasing consumer demand for healthier and more sustainable cooking oils, as well as the expanding applications of rice bran oil across various industries.
| Report Metric | Details |
| Report Name | Refined Rice Bran Oil Market |
| Accounted market size in year | US$ 1369 million |
| Forecasted market size in 2031 | US$ 1679 million |
| CAGR | 3.0% |
| Base Year | year |
| Forecasted years | 2025 - 2031 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | 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 |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
