The report highlights high demand for nutritional and fat-free food increases the demand for rice bran oil and drives market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the rice bran oil market.
The rice bran oil market is segmented into type, application, end-use industry, and distribution channel. Based on type, the market is segmented into refined oil and filtered oil. In 2022, the refined oil segment dominate in the overall rice bran oil market. Based on application segment is categorized into hair oil, skincare, cosmetics, edible oil, and others. In 2022, the edible oil segment accounted for the highest market share in the rice bran oil market. Based on the end-use industry, the market is segmented into pharmaceuticals, food & beverages, cosmetics, and others. In 2022, the food & beverages segment dominate in the overall rice bran oil market. The distribution channel segment is categorized into offline and online. In 2022, the offline segment accounted for the highest market share in the rice bran oil market.Get Free Sample
|Report Attributes||Report Details|
|By Type||Refined Oil and Filtered Oil|
|By Application||Hair Oil, Skin Care, Cosmetics, Edible Oil, and Others|
|By End-user Industry||Pharmaceutical, Food & Beverages, Cosmetics, and Others|
|By Distribution Channel||Offline (Hypermarket and Supermarket, Convenience Stores, Other) and Online (E-commerce Platforms and Company Websites)|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
The market is dominated by certain major companies such as Cargill Incorporated, Adani Wilmar Ltd., Marico Ltd., and King Rice Oil Group, which have a strong market position in the current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions. Furthermore, the rice bran oil market is expected to witness substantial growth in the coming years due to the growing demand for rice bran oil-based cosmetics.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.