Rice Bran Oil Market
By Category;
Organic and ConventionalBy Distribution Channel;
Hypermarkets & Supermarkets, Convenience Stores and Online Retail StoresBy End User;
Food & Beverage, Healthcare & Nutrition, Cosmetics and Animal FeedBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Rice Bran Oil Market Overview
Rice Bran Oil Market (USD Million)
Rice Bran Oil Market was valued at USD 8,876.67 million in the year 2024. The size of this market is expected to increase to USD 16,512.28 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.3%.
Rice Bran Oil Market
*Market size in USD million
CAGR 9.3 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 9.3 % |
Market Size (2024) | USD 8,876.67 Million |
Market Size (2031) | USD 16,512.28 Million |
Market Concentration | Medium |
Report Pages | 346 |
Major Players
- Adani Wilmar Limited
- Cargill Incorporated
- King Rice Oil Group
- Ricela Health Foods Ltd
- Modi Naturals
- 3F Industries Ltd
- Zhejiang Delekang Food Co. Ltd
- Sethia Oils Limited
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Rice Bran Oil Market
Fragmented - Highly competitive market without dominant players
The Rice Bran Oil Market is experiencing steady growth due to rising consumer focus on nutrition-rich edible oils. Almost 45% of buyers now prioritize oils containing natural antioxidants, making rice bran oil a leading choice. With its balanced fatty acids and gamma-oryzanol content, it is increasingly considered a healthier substitute for traditional cooking oils, reinforcing its strong position in health-conscious households.
Nutritional Advantages Driving Adoption
Containing nearly 40% monounsaturated fats, rice bran oil is gaining popularity as a heart-friendly option. Research highlights that more than 50% of households focused on wellness are shifting to oils that help in cholesterol management. Its unique ability to stay stable at high temperatures while preserving nutrients is further enhancing its value as a daily-use cooking oil.
Expanding Applications in Food and Beverages
The versatility of rice bran oil is fueling adoption across the food sector, where over 35% of processed food companies now incorporate it into product formulations. Its mild taste, combined with a high smoke point, makes it an excellent choice for frying, baking, and packaged snacks. This adaptability ensures its role as a multifunctional ingredient with increasing relevance in modern food processing.
Growth in Nutraceutical and Cosmetic Uses
In addition to food, the demand for rice bran oil is rising within the nutraceutical and cosmetic industries. Approximately 30% of recent product launches in these categories feature rice bran components. Enriched with vitamin E and antioxidants, the oil is highly valued for skincare, wellness, and dietary supplements, broadening its scope of commercial applications.
Rice Bran Oil Market Recent Developments
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In January 2021, a company launched multi-functional retort machines designed to handle flexible and rigid packaging formats.
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In October 2023, a machinery manufacturer unveiled energy-efficient retort machines with enhanced automation capabilities for small-scale food processing businesses
Segment Analysis
The Global Rice Bran Oil Market has been segmented by category and distribution channel, each catering to different consumer preferences and buying behaviors. By category, the market is divided into organic and conventional rice bran oil. The organic segment has gained significant traction due to the increasing consumer demand for natural, eco-friendly, and health-conscious products. Organic rice bran oil is produced without the use of synthetic pesticides, fertilizers, or genetically modified organisms, appealing to health-conscious consumers who prioritize clean-label, sustainable food options. As consumers become more aware of the potential health benefits of organic products, such as lower cholesterol and improved heart health, the demand for organic rice bran oil has grown, especially in North America and Europe. On the other hand, the conventional segment remains dominant in the market due to its affordability and widespread availability. Conventional rice bran oil is produced using traditional farming methods and tends to be more cost-effective, making it a popular choice for both households and food manufacturers looking for an economical oil for cooking and food production. Despite the growing trend toward organic products, conventional rice bran oil continues to cater to mass-market demand and remains a staple in the cooking oil industry, especially in developing regions where price sensitivity is a key factor.
In terms of distribution channel, the market for rice bran oil is segmented into supermarket/hypermarket, convenience stores, online retailing, and others. Supermarket and hypermarket chains remain the largest distribution channel for rice bran oil, offering a wide selection of cooking oils and providing easy access to consumers. These stores often cater to a broad range of consumers, from budget-conscious buyers to health-focused individuals, providing both organic and conventional options. Convenience stores also play a role in the rice bran oil market, offering smaller-sized bottles for consumers seeking quick and easy shopping experiences. The online retailing segment has been expanding rapidly, driven by the increasing popularity of e-commerce and the convenience of shopping from home. Consumers can access a variety of rice bran oil products, including organic and conventional options, with the added benefit of delivery to their doorstep. Other sales channels may include specialty health food stores or direct-to-consumer brands, which cater to niche markets or specific dietary needs.
Overall, the Global Rice Bran Oil Market continues to expand as consumer preferences shift toward healthier, organic alternatives, while conventional options remain a significant player due to their cost-effectiveness. The growing availability of rice bran oil through diverse distribution channels, particularly online retailing, reflects the evolving landscape of consumer purchasing habits, driven by convenience, affordability, and health consciousness.
Global Rice Bran Oil Segment Analysis
In this report, the Global Rice Bran Oil Market has been segmented by Category, Distribution Channel and Geography.
Global Rice Bran Oil Market, Segmentation by Category
The Global Rice Bran Oil Market has been segmented by Category into Organic and Conventional.
The organic segment has gained significant momentum in recent years, primarily driven by growing consumer awareness around health, sustainability, and environmental impact. Organic rice bran oil is produced without the use of synthetic pesticides, herbicides, or genetically modified organisms (GMOs), making it a preferred choice for health-conscious consumers and those who prioritize natural, clean-label products. This segment has seen increased demand in markets such as North America and Europe, where consumers are more likely to pay a premium for organic certifications and are keen on products that align with sustainable farming practices. The organic segment is also aligned with broader trends in the food industry, where consumers are increasingly seeking oils with potential health benefits, such as improved cholesterol levels and heart health. Organic rice bran oil is often marketed as a healthier option due to its higher antioxidant content and the absence of chemicals, attracting consumers who are more health-conscious or environmentally aware.
On the other hand, the conventional rice bran oil segment remains dominant due to its affordability, widespread availability, and established production methods. Conventional rice bran oil is produced using standard agricultural practices, including the use of synthetic pesticides and fertilizers. This segment appeals to budget-conscious consumers and large-scale food manufacturers who prioritize cost-efficiency while still benefiting from rice bran oil's healthy fatty acid profile, which includes a balanced ratio of polyunsaturated and monounsaturated fats. Conventional rice bran oil is commonly used in cooking, frying, and food production, and its versatility makes it a popular choice in both households and commercial settings. While the organic segment is growing, conventional rice bran oil continues to hold a significant share of the market, particularly in emerging markets where price sensitivity remains a key factor in consumer decision-making.
In conclusion, the segmentation of the Global Rice Bran Oil Market by category into organic and conventional reflects the diverse consumer demands in the market. The organic segment is capitalizing on the trend toward healthier, sustainable products, while the conventional segment continues to cater to cost-conscious consumers seeking reliable and versatile cooking oils. Both segments are expected to see growth, driven by increasing health awareness, the rising popularity of plant-based oils, and expanding distribution channels.
Global Rice Bran Oil Market, Segmentation by Distribution Channel
The Global Rice Bran Oil Market has been segmented by Distribution Channel into Supermarket/Hypermarket, Convenience Stores, Online Retailing and Others.
Supermarket/Hypermarket channels remain the largest and most dominant distribution channel for rice bran oil, accounting for a significant share of the market. These large retail outlets provide consumers with a wide variety of cooking oils, including rice bran oil, and often feature both organic and conventional options. Supermarkets and hypermarkets are popular because they offer convenience and allow consumers to make bulk purchases while also providing competitive pricing. Additionally, they are one-stop shops for many food and household items, attracting a broad consumer base. These outlets often stock rice bran oil in various bottle sizes, making it easy for consumers to choose based on their needs, whether for home cooking or larger-scale use.
Convenience stores also play a role in the distribution of rice bran oil, especially in urban areas where consumers seek quick and easy access to everyday products. These stores typically offer smaller quantities of rice bran oil, catering to consumers who need to make quick purchases or restock in between regular shopping trips. Convenience stores serve a segment of consumers who prioritize convenience and may not need larger quantities of cooking oil. This channel is especially important in regions with fast-paced lifestyles or where smaller, more frequent purchases are preferred.
Online retailing has seen substantial growth, driven by the increasing adoption of e-commerce and consumers' preference for the convenience of shopping from home. Platforms such as Amazon, health-focused online stores, and even direct-to-consumer brand websites have made it easier for consumers to find a wide range of rice bran oil products, including specialty or organic options. The ability to compare products, read reviews, and have products delivered directly to their homes has made online retail a significant and rapidly expanding channel. Consumers are increasingly seeking convenience and a broader selection of products online, which is contributing to the growth of this channel. Additionally, online retailers often offer competitive prices and promotions, further attracting price-sensitive buyers.
Other sales channels include specialty stores, health food stores, and direct-to-consumer sales through brand websites or subscription services. These channels cater to niche markets, such as those seeking organic or non-GMO rice bran oil. Specialty stores and direct sales often provide products with specific health or sustainability certifications, attracting consumers who are willing to pay a premium for high-quality or specialty items.
In conclusion, the segmentation of the Global Rice Bran Oil Market by distribution channel into supermarket/hypermarket, convenience stores, online retailing, and others highlights the diverse ways consumers access rice bran oil. Supermarkets and hypermarkets dominate due to their wide reach and product variety, while convenience stores cater to smaller, on-the-go purchases. Online retailing continues to grow as consumers prioritize convenience and choice, and specialty channels address the demand for premium or niche products. Together, these distribution channels reflect the evolving preferences and behaviors of consumers in the rice bran oil market.
Global Rice Bran Oil Market, Segmentation by Geography
In this report, the Global Rice Bran Oil Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Rice Bran Oil Market Share (%), by Geographical Region, 2024
These regions also exhibit a growing trend towards organic and natural products, which further boosts the demand for rice bran oil.On the other hand, the Asia Pacific region is the largest and fastest-growing market for rice bran oil, driven by factors such as increasing population, rising disposable incomes, and the culinary significance of rice in the region's cuisine. Moreover, the Middle East and Africa, along with Latin America, present emerging markets with significant growth potential due to expanding economies, changing dietary habits, and increasing awareness of the health benefits of rice bran oil. By segmenting the market by geography, this report offers insights into regional variations in market demand, regulatory landscapes, and consumer behaviors, enabling stakeholders to develop targeted strategies and capitalize on opportunities in the Global Rice Bran Oil Market.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Rice Bran Oil Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers :
- Rising Health Consciousness
- Growing Demand for Natural and Organic Products
- Versatility in Applications
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Government Regulations - Government regulations play a crucial role in shaping the Global Rice Bran Oil Market, ensuring product safety, quality standards, and fair trade practices. Regulatory bodies in different countries and regions impose various regulations and standards governing the production, labeling, and marketing of rice bran oil. These regulations often cover aspects such as food safety, hygiene, packaging, labeling requirements, and permissible levels of contaminants. For example, government agencies such as the Food and Drug Administration (FDA) in the United States and the European Food Safety Authority (EFSA) in the European Union set strict guidelines to ensure that rice bran oil meets safety and quality standards before it can be sold to consumers.
Restraints :
- Limited Awareness
- Availability and Distribution
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Price Sensitivity - Price sensitivity is a crucial factor influencing the dynamics of the Global Rice Bran Oil Market. Consumers' purchasing decisions are significantly influenced by the price of rice bran oil relative to other cooking oils available in the market. Given the availability of various cooking oil options, including soybean oil, sunflower oil, and palm oil, consumers often compare prices to ensure they are getting the best value for their money. As such, the price of rice bran oil plays a pivotal role in determining its competitiveness and market demand.
Moreover, price sensitivity varies across different regions and consumer segments within the Global Rice Bran Oil Market. In regions with higher disposable incomes and a greater emphasis on health and wellness, consumers may be willing to pay a premium for organic or premium-quality rice bran oil. However, in price-sensitive markets or among budget-conscious consumers, competitive pricing strategies are essential to maintain market share and drive sales volume. As a result, manufacturers and suppliers must carefully consider pricing strategies and market positioning to effectively address price sensitivity and maximize profitability in the Global Rice Bran Oil Market.
Opportunities :
- Innovation in Processing and Packaging
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Targeted Marketing and Consumer Education - In the Global Rice Bran Oil Market, targeted marketing and consumer education initiatives play pivotal roles in driving awareness and demand for this versatile cooking oil. Manufacturers and marketers employ various strategies to effectively reach target consumers and communicate the unique benefits of rice bran oil. This includes leveraging digital marketing channels such as social media, websites, and online advertising to engage with consumers and promote the health benefits, culinary versatility, and sustainable attributes of rice bran oil. Additionally, targeted advertising campaigns in print media, television, and other traditional platforms are utilized to reach broader audiences and reinforce key messaging.
Rice Bran Oil Market Competitive Landscape Analysis
Rice Bran Oil Market is highly competitive, with major edible oil producers and regional manufacturers accounting for over 55% of the share. Companies employ strategies such as product diversification, distribution partnerships, and targeted expansion. Continuous innovation in refining techniques and packaging supports long-term growth, strengthening competitiveness across household, foodservice, and industrial applications.
Market Structure and Concentration
The market shows moderate concentration, with nearly 45% controlled by multinational producers. Smaller firms enhance competitiveness by focusing on cost efficiency and niche segments. Strategic merger activities, supply chain collaboration, and efficiency-driven strategies support steady growth, ensuring balanced competition across the edible oil industry.
Brand and Channel Strategies
Over 50% of sales are generated through retail and supermarket channels, complemented by rising e-commerce penetration. Leading brands adopt strategies that highlight purity, health benefits, and versatility. Strong partnerships with distributors and foodservice providers drive adoption, while marketing innovation and regional campaigns strengthen expansion into new consumer markets.
Innovation Drivers and Technological Advancements
More than 60% of product developments emphasize technological advancements in refining methods, cold-pressing, and bioactive compound preservation. Collaborative R&D partnerships support innovation in fortified and value-added variants. These advancements promote consistent growth, enhancing nutritional profiles and aligning production with evolving consumer health preferences.
Regional Momentum and Expansion
Asia-Pacific accounts for nearly 40% of demand, supported by strong rice production and rising consumption trends. North America and Europe together represent around 35%, driven by increasing adoption in foodservice. Regional strategies include localized refining, distributor partnerships, and targeted expansion, reinforcing competitive positioning in both established and emerging markets.
Future Outlook
The future outlook suggests that over 65% of growth will be driven by demand for healthier edible oils and fortified blends. Competitive advantage will depend on sustained R&D innovation, selective merger activities, and global partnerships. Companies focusing on sustainable sourcing and market expansion are expected to achieve consistent growth in the rice bran oil market.
Key players in Rice Bran Oil Market include
- Adani Wilmar Limited
- Marico Limited
- Ricela Health Foods Ltd.
- Cargill, Incorporated
- Modi Naturals Ltd.
- King Rice Oil Group
- 3F Industries Ltd.
- Sethia Oils Ltd.
- Emami Agrotech Ltd.
- Wilmar International Limited
- Archer Daniels Midland Company
- Bunge Limited
- Associated British Foods PLC
- Ingredion Incorporated
- Oryza Oil & Fat Chemical Co., Ltd.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- market share analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive SummaryRice Bran Oil Market Dynamics
- Market Snapshot, By Category
- Market Snapshot, By Distribution Channel
- Market Snapshot, By End User
- Market Snapshot, By Region
- Drivers, Restraints and Opportunities
- Drivers
- Rising Health Consciousness
- Growing Demand for Natural and Organic Products
- Versatility in Applications
- Government Regulations
- Restraints
- Limited Awareness
- Availability and Distribution
- Price Sensitivity
- Opportunities
- Innovation in Processing and Packaging
- Targeted Marketing and Consumer Education
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
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Competitive Rivalry
- Drivers
- Market Segmentation
- Rice Bran Oil Market, By Category, 2021 - 2031 (USD Million)
- Organic
- Conventional
- Rice Bran Oil Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Hypermarkets & Supermarkets
- Convenience Stores
- Online Retail Stores
- Rice Bran Oil Market, By End User, 2021 - 2031 (USD Million)
- Food & Beverage
- Healthcare & Nutrition
- Cosmetics
- Animal Feed
- Rice Bran Oil Market, By Geography, 2021 - 2031(USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Rice Bran Oil Market, By Category, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Adani Wilmar Limited
- Marico Limited
- Ricela Health Foods Ltd.
- Cargill, Incorporated
- Modi Naturals Ltd.
- King Rice Oil Group
- 3F Industries Ltd.
- Sethia Oils Ltd.
- Emami Agrotech Ltd.
- Wilmar International Limited
- Archer Daniels Midland Company
- Bunge Limited
- Associated British Foods PLC
- Ingredion Incorporated
- Oryza Oil & Fat Chemical Co., Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market