Rice Bran Oil Market Size, Share, Growth Analysis, By Type(Refined, Non-Refined), By Application(Cosmetics, Pharmaceuticals, Food Processing, Others), By Region - Industry Forecast 2024-2031

Due to the region's easy access to raw materials, especially in India, Asia-Pacific has a relatively large volume share of the worldwide rice bran oil market and is predicted to expand rapidly. India, China, Japan, and Thailand are the region's top manufacturers. The largest consumer of rice bran oil market in the world is India. One of the main factors influencing Australian customers' desire for rice bran oil is that it helps to minimise cholesterol absorption and avoids heart attacks, which are two claimed health benefits of cooking with edible oil. Additionally, it has several therapeutic benefits and is thought to be a rich source of vitamin A, -oryzanol, and phytosterols.

Due to growing health consciousness among customers, North America is one of the top regions using this oil. To make sure they are consuming food products that are healthy, consumers are adopting a number of dietary practises. Additionally, some Japanese-focused eateries are converting to this oil. Additionally, it is employed in salad dressing and baked goods including brownies, cakes, and other bakery goods. The demand for vegetable oil is gradually rising due to the rise in vegetarianism in the area. Adopting such oil contributes to maintaining good cholesterol levels, according to guidelines made by the American Heart Association and World Health Organization (WHO).