Rice Bran Oil Market Report by End-Use (Edible, Industrial), and Region 2024-2032

Rice Bran Oil Market Report by End-Use (Edible, Industrial), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A651
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Market Overview:

The global rice bran oil market size reached 1.8 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 2.1 Million Tons by 2032, exhibiting a growth rate (CAGR) of 1.7% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
Forecast Years
Historical Years
Market Size in 2023
1.8 Million Tons
Market Forecast in 2032
2.1 Million Tons
Market Growth Rate 2024-2032 1.7%

Rice bran oil is an edible vegetable oil which is extracted from the outer brown layer of rice. Characterized by a mild flavor and neutral taste, it is rich in vitamin E, antioxidants, and natural bioactive phytoceuticals such as oryzanol, tocopherols, tocotrienols, and lecithin. It is exceptionally versatile and light in texture, offers delicate flavors, is suitable for high-temperature cooking, and can easily be blended with other less stable oils. Consequently, it is widely employed in various cooking methods including stir and deep-frying, sautéing, and grilling. It is also associated with reducing the risk of cancer, lowering cholesterol levels, increasing immunity, and improving the nervous system.




Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Rice Bran Oil Industry Drivers:

Rising awareness about the multiple health benefits offered by rice bran oil has escalated its consumption. This, in confluence with the high demand for food and beverages with low fat and high nutritional content, is strengthening the growth of the market. Moreover, the World Health Organization (WHO) and the American Heart Association have approved the use of rice bran oil, stating that its composition of monounsaturated, polyunsaturated, and saturated fats is much safer as compared to the composition of most other vegetable oils. Since this oil contains oryzanol which stimulates hair growth, protects the skin against UV rays, and prevents aging, it has emerged as an essential component in the cosmetics and pharmaceutical industries for manufacturing soaps, moisturizers, lotions, and hair care products. Other key factors that are contributing to the growth of the market include rapid urbanization, inflating disposable incomes, changing lifestyles, aggressive promotions by manufacturers, and increasing penetration in both developed and emerging markets. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global rice bran oil market report, along with forecasts at the global and country levels from 2024-2032. Our report has categorized the market based on end-use.

Breakup by End-Use:




Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Edible
  • Industrial

Owing to the rising awareness about the health benefits of rice bran oil, it is widely used for culinary purposes on the global level.

Regional Insights:

  • India
  • China
  • Japan
  • Others

On the geographical front, India is the largest producer of rice bran oil, accounting for the majority of the total global production. This can be accredited to the easy availability of raw material across the country.

Competitive Landscape:

The competitive landscape of the market has also been analyzed in the report with the detailed profiles of key players operating in the market.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million Tons, US$ Billion
Segment Coverage End-Use, Country
Countries Covered India, China, Japan, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License US$ 3899
Five User License US$ 4899
Corporate License US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global rice bran oil market reached a volume of 1.8 Million Tons in 2023.

We expect the global rice bran oil market to exhibit a CAGR of 1.7% during 2024-2032.

The growing levels of consumption of rice bran oil owing to its multiple health benefits, coupled with the rising demand for foods and beverages with low fat and high nutritional content, are primarily driving the global rice bran oil market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of rice bran oil.

Based on the end-use, the global rice bran oil market can be categorized into edible and industrial. Currently, edible applications hold the majority of the total market share.

On a regional level, the market has been classified into India, China, Japan, and others, where India currently dominates the global market.

Some of the major players in the global rice bran oil market include Adani Wilmar, Cargill Incorporated, King Rice Oil Group, Ricela Health Foods Ltd,3F Industries Ltd, and Zhejiang Delekang Food Co. Ltd.

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Rice Bran Oil Market Report by End-Use (Edible, Industrial), and Region 2024-2032
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