Rice Bran Oil Market: Global Health Consciousness Trend and Food Industry Embracing Healthier Options to Fuel the Market Growth over the Forecast Period
Market Analysis:
The global rice bran oil market is projected to experience significant growth during the forecast period, driven by increasing consumer awareness regarding the health benefits of rice bran oil. The market is also influenced by factors such as the rising demand for natural and organic products, expanding food and beverage industry, and the versatility of rice bran oil in various applications.
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Market Size:
The global rice bran oil market was valued at USD 7.21 billion in 2022 and is expected to reach USD 13.52 billion by 2029, growing at a CAGR of 9.4% during the forecast period.
Overview:
The report "Rice Bran Oil Market, 2024-2030" provides a comprehensive overview of the market, including current and future growth prospects, market dynamics, and strategies adopted by leading companies. It covers recent developments, mergers and acquisitions, regional growth evaluations, and market growth challenges.
Covid-19 Impacts:
The COVID-19 pandemic has significantly impacted the rice bran oil market, with disruptions in supply chains and changes in consumer behavior. However, the market has shown resilience, with certain segments witnessing growth due to increased demand for healthy and immune-boosting products.
Market Scope:
The research provides insights into the target audience for the rice bran oil market, entry barriers for new companies, market competition, and market dynamics. This information can be used by businesses to plan their strategies and understand the competitive landscape.
Segmentation:
- Type: Organic, Non-organic
- Grade: Refined Grade (Edible Oil), Raw Grade 1 (Vanaspati & Refined Oil), Raw Grade 2 (Industrial)
- Application: Food and beverages, Cosmetics, Pharmaceuticals, Personal care, Nutraceutical, Animal feed, Others
- Sales Channel: Supermarkets and hypermarkets, Convenience stores, Specialty stores, Online shops, Others
Key Players:
- Adani Wilmar (Gujarat, India)
- Modi Naturals (New Delhi, India)
- Marico (Maharashtra, India)
- Conagra Foods (Chicago, U.S.)
- BCL Industries Limited (Punjab, India)
- King Rice Oil Group (Bangkok, Thailand)
- California Rice Oil Company (California, U.S.)
- Ricela Health Foods Ltd. (Punjab, India)
- Sethia Oils Ltd. (India)
- A.P. Refinery Pvt. Ltd. (India)
Report Provides:
The report uses analytical tools like SWOT and PESTEL analysis to understand the market dynamics. It includes market segmentation, CAGR, Porter's five force model, and expected market cost structure. It also covers major developments in the market and growth strategies adopted by key players.
Table of Contents:
- Executive Summary
- Introduction
- Market Dynamics
- Market Segmentation
- Competitive Landscape
- Regional Analysis
- Company Profiles
- Conclusion
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Key Questions Addressed:
- What are the primary factors driving the growth of the rice bran oil market?
- What is the competitive scenario in the market?
- Which product segment dominates the market?
- Which region has the largest market share?
- Who are the key players in the industry?
- What is the expected market size in 2027?
- What will be the CAGR during the forecast period?
- Which application category is leading the market?
- What major trends are expected in the market?
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