Extracted from the outer brown layer of rice, rice bran oil is an edible vegetable oil containing 15-20% of oil by weight. Its three major constituents- tocotrienols, gamma-oryzanol and tocopherols have potential significance in human health and diet and are strongly recommended by the American Heart Association and the WHO. The high neutraceutical components present in it performs the function of antioxidants and have multiple health benefits like cholesterol lowering, improving nervous system, reducing cancer risk, increasing immunity and removing gastro intestinal disorders. During 2014-2018, the global rice bran oil market grew at a CAGR of around 3%. The market is currently being driven by increasing demand of rice bran oil in food preparation and as a nutritional supplement. It is also high in demand in the cosmetics and personal care products as a special ingredient. This report by Expert Market Research entitled “Rice Bran Oil Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the rice bran oil market.
Historical market trends for the rice bran oil industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, Asia currently represents the largest market, with India being the biggest producer of rice bran oil. India is followed by China and Japan. Additionally, the report has analysed the global rice bran oil market on the basis of its end use. Based on its end-use, edible use represents the biggest end use market followed by industrial applications.
The value chain analysis of rice bran oil has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the rice bran oil industry has also been provided. Some of the key players in this market include King Rice Oil Group, Agarwal Industries, Utsav Agro Products, etc.
This report provides an exhaustive insight for setting-up and running a rice bran oil manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global rice bran oil market?
- Which are the biggest markets (regions) for rice bran oil?
- What are the key application areas for rice bran oil?
- Who are the key manufacturers in the rice bran oil market?
- What are the land and construction requirements to start a rice bran oil manufacturing plant?
- What are the machinery requirements to start a rice bran oil manufacturing plant?
- How is rice bran oil priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a rice bran oil manufacturing plant?
- What are the running costs of a rice bran oil manufacturing plant?
- How much revenue can a rice bran oil manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the rice bran oil industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Research Market uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.