What Are The 5 Takeaways From The Rice Bran Derivatives Market Overview 2024
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The rice bran derivatives market rose from $6.8 billion in 2023 to $7.31 billion in 2024, with a 7.5% CAGR, due to health trends and food industry growth. Forecasts anticipate growth to $9.41 billion by 2028, driven by organic products demand and pharmaceutical use, with trends in sustainable production and clean labeling.
The rising demand for the food and beverage industry is driving growth in the rice bran derivatives market. Rice bran is utilized in various food applications, meeting the industry’s increasing demand. For instance, the USDA reported a rise in food imports and beverage value, boosting the rice bran derivatives market.
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What Are The Key Trends That Influence Rice Bran Derivatives Market Share Analysis?
Advances in processing and extraction technologies are shaping trends in the rice bran derivatives market. Major companies are adopting advanced manufacturing processes to develop innovative products. For example, in July 2022, Japan-based POLYCON CO. LTD. introduced POLYCON RB-1, an alcohol-based rice bran wax dispersion. This product enhances abrasion resistance and anti-blocking properties in applications like gravure printing inks, paints, and coatings for various industries, ensuring superior performance and durability.
Which Market Players Are Driving Growth In The Rice Bran Derivatives Market?
Major companies operating in the rice bran derivatives market report are Cargill Incorporated, The Archer Daniels Midland Company, Wilmar International Ltd., Doosan Corp., Yihai Kerry Arawana Holdings Co. Ltd, Adani Group, Patanjali Foods Limited, SunOpta Inc., Omega Fields, Riceland Foods Inc., Vantage Specialty Ingredients Inc., Swanson Health Products Inc, NOW Health Group Inc., Manna Pro Corporation, TAJ Agro Commodities Pvt Ltd, Ribus Inc., Agro Tech Foods Ltd., BCL Industries & Infrastructure Ltd., Maharashtra Solvent Extraction (P) Ltd., RiceBran Technologies, Valensa International LLC, Ricela Health Foods Ltd., Kisan Agro Product Industries, 3F Industries Limited, Kasisuri Co. Ltd., A.P. Refinery Pvt. Ltd., Agrotech International Ltd., King Rice Oil Group, Maheshwari Solvent Extraction Ltd, Tsuno Rice Fine Chemicals Co. Ltd
How Is The Global Rice Bran Derivatives Market Segmented?
The rice bran derivatives market covered in this report is segmented –
1) By Product: Rice Bran Oil, Rice Bran Meal
2) By Application: Food And Beverages, Animal Feed, Cosmetics And Personal Care, Biofuel, Pharmaceuticals And Nutraceuticals, Other Applications
3) By End-Use: Industrial, Retail
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The Rice Bran Derivatives Global Market Report 2024 provides an overview of the rice bran derivativesmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The rice bran derivatives market forecast analyzes rice bran derivatives market size, rice bran derivatives market share, leading competitor and their market positions.
The Table Of Content For The Rice Bran Derivatives Market Include
1. Rice Bran Derivatives Market Executive Summary
2. Rice Bran Derivatives Market Segments
3. Rice Bran Derivatives Market Size And Template Market Growth Rate
4. Key Rice Bran Derivatives Market Trends
5. Major Rice Bran Derivatives Market Drivers
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25. Key Mergers And Acquisitions In The Rice Bran Derivatives Market
26. Top Rice Bran Derivatives Companies
27. Rice Bran Derivatives Market Opportunities And Strategies
28. Rice Bran Derivatives Market, Conclusions And Recommendations
29. Appendix
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