Rice Bran Oil Market To Show Marvelous Growth Worth $5.12 Billion By 2025 | Grand View Research, Inc. | Grand View Research, Inc.

 Breaking News
  • No posts were found

Rice Bran Oil Market To Show Marvelous Growth Worth $5.12 Billion By 2025 | Grand View Research, Inc. | Grand View Research, Inc.

Rice Bran Oil Market To Show Marvelous Growth Worth $5.12 Billion By 2025 | Grand View Research, Inc. | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
The report published by Grand View Research, Inc., states growing awareness of health benefits of the product, and rising health-consciousness among people after COVID-19 pandemic are some of the factors expected to keep the rice bran oil market on a growth trajectory during the forecasted period.

According to a report, “Rice Bran Oil Market Size, Share & Trends Analysis Report By Application (Food & Beverage, Nutraceutical, Animal Feed), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2019 – 2025”, published by Grand View Research, Inc., the global rice bran oil market size is anticipated to reach USD 5.12 billion by 2025. The global market is estimated to expand at a CAGR of 3.44% from 2019 to 2025. This growth is attributed to rising awareness about the health benefits of rice bran oil. Moreover, high product demand as a result of increased health consciousness and consumption of fat-free and nutritious food products will boost the growth further.

Market is divided into several segments and on the basis of applications, food & beverage held the largest market share of more than 55% in 2018 and is expected to retain the same momentum throughout the forecast years. This is owing to rising usage of rice bran oil in various food and beverage products. On the other hand, the nutraceutical application segment is expected to witness the fastest CAGR of 5.01% from 2019 to 2025. In addition to this, when it comes to distribution channels, offline distribution channel accounted for the largest market share. The online segment, however, is forecasted to expand at the highest CAGR of 5.59% over the forecast period. 

Rice Bran Oil Market Report Highlights

• Mergers and acquisitions form a crucial part of the market expansion strategy of the key players. For instance, in September 2020, IFFCO successfully acquired 3F Fuji Foods, India, from Fuji Oil Group “A Japanese company specialized in vegetable oils and fats, industrial chocolate and emulsified products” and their Indian partner 3F Industries

• COVID-19 pandemic has caused an enormous jump in the health consciousness among people, leading to better market prospects and higher demand in the upcoming years.

• Based on distribution channel, the online distribution channel segment is projected to register the fastest CAGR over the forecast period

• Based on applications, nutraceutical application is estimated to be the fastest-growing segment at a CAGR of 5.01% from 2019 to 2025

• Based on region, Asia Pacific accounts for the highest market share of the global rice bran oil market; while North America is projected to register the maximum growth rate during the forecast years

• Some of the key companies are Ricela Health Foods, BCL Industries & Infrastructure, 3F Industries Ltd., Sethia and A.P. Refineries Pvt. Ltd., Maheshwari Solvent, Malar Solvent, Modi Naturals Ltd., Harwin Agro Enterprises, Vaighai Agro Products Ltd., Adani Wilmar, Marico Ltd., ITC Ltd., and N.K. Proteins Ltd.

Browse Complete Summary of This Report: https://www.grandviewresearch.com/industry-analysis/rice-bran-oil-market

Rice Bran Oil Market Segmentation

Grand View Research has segmented the global rice bran oil market on the basis of application, distribution channel, and region:

Rice Bran Oil Application Outlook (Revenue, USD Million, 2015 – 2025)

    Food & Beverage
     Nutraceutical
     Animal Feed
     Others

Rice Bran Oil Distribution Channel Outlook (Revenue, USD Million, 2015 – 2025)

    Offline
     Online

Rice Bran Oil Regional Outlook (Revenue, USD Million, 2015 – 2025)

     North America
        • U.S.
     Europe
        • Germany
        • The U.K.
     Asia Pacific
        • China
        • India
     Central and South America
        • Brazil
     Middle East & Africa
        • South Africa

Get Sample Pages of This Report @ https://www.grandviewresearch.com/industry-analysis/rice-bran-oil-market/request/rs1

Have a Look at Related Reports:

Citrus Oil Market Size, Share & Trends Analysis Report By Product (Orange Oil, Lemon Oil), By Application (Personal Care, Food & Beverages, Aromatherapy), By Region, And Segment Forecasts, 2019 – 2025

Almond Oil Market Size, Share & Trends Analysis Report By Product (Sweet, Bitter), By Application (Personal Care & Cosmetics, Pharmaceuticals, Food), By Region, And Segment Forecasts, 2019 – 2025

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company headquartered in San Francisco, which offers syndicated research reports, customized research reports, and consulting services. The company’s rich database includes in-depth analysis across a range of industries including chemicals, materials, energy, healthcare, and technology, among others.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/rice-bran-oil-market

Categories