The global rice bran oil market size was valued at 1.85 Million Tons in 2024. Looking forward, IMARC Group estimates the market to reach 2.15 Million Tons by 2033, exhibiting a CAGR of 1.7% during 2025-2033. India currently dominates the market, holding a significant market share of over 36.7% in 2024. The rice bran oil market share is primarily driven by the growing edible oil demand, increasing rice production, rising awareness regarding the health benefits of rice bran oil, and innovations in advertisement and extraction technology to improve oil yield and quality.
The rice bran oil market is driven by increasing consumer awareness of its health benefits, including cholesterol reduction, heart health support, and antioxidant properties due to oryzanol and vitamin E content. Growing demand for healthy cooking oils, particularly in Asia-Pacific, fuels market expansion. The food industry’s preference for rice bran oil in frying and baking because of its high smoke point further supports growth. Government initiatives promoting healthier edible oils and rising plant-based diet adoption enhance the rice bran oil market demand. Additionally, technological advancements in extraction and refining processes improve oil yield and quality. Expanding applications in pharmaceuticals, cosmetics, and animal feed, along with increasing global rice production, contribute to market growth by ensuring stable raw material availability.
The U.S. rice bran oil market is driven by increasing consumer preference for healthier cooking oils due to rising awareness of heart health and cholesterol management. Heart disease has been the top cause of death in the United States for the past century, according to the American Heart Association's 2024 Heart Disease and Stroke Statistics: A Report of U.S. and Global Data. The oil’s high oryzanol and antioxidant content make it attractive for health-conscious consumers. Growing demand for plant-based and non-GMO food products further supports market growth. The food service industry, including restaurants and snack manufacturers, prefers rice bran oil for frying due to its high smoke point and neutral flavor. Expanding applications in cosmetics, pharmaceuticals, and nutraceuticals also contribute to demand. Additionally, rising imports from major producers like India and Thailand, along with advancements in refining technologies, ensure a stable supply, supporting the market’s expansion in the United States.
Rice Bran Oil Market Trends:
Rising Edible Oil Demand
According to the National Institution for Transforming India (NITI) Aayog, the edible oil demand is projected to increase to 29.8 million tons by 2030 and further to 32.6 million tons by 2047. These forecasts are grounded in predictions of population growth and an established annual per capita consumption rate of 19.7 kg, which resulted in a total demand of 27.7 million tons in 2021. This traction is largely due to its recognized health benefits, including high levels of antioxidants and beneficial fats, which contribute to cardiovascular health and cholesterol management. The increasing consumer awareness and preference for healthier dietary choices are pivotal in propelling the demand for rice bran oil. As health trends continue to influence food choices, rice bran oil is positioned for further growth, benefiting from its health-centric attributes in a market where consumers are increasingly turning away from traditional, less healthy oils.
Increased Rice Production
The foundation of rice bran oil production is inherently tied to global rice production which is creating a positive rice bran oil market outlook. According to the Food and Agriculture Organization (FAO) of the United Nations, global rice production hit 523.9 million tonnes on a milled basis for the 2023-2024 season, representing an increase of 0.8% from the yield recorded in 2022-2023. The substantial rice output, especially in the Asia-Pacific region the hub of rice cultivation and rice bran oil production ensures a steady supply of rice bran, the raw material for the oil. This correlation means that increases in rice production directly enhance the availability of rice bran for oil extraction. This dynamic is crucial as it allows rice bran oil producers to scale up operations in response to growing market demand without facing significant raw material shortages. Furthermore, as rice production increases, the rice bran oil sector is set to expand, supported by robust supply chains and enhanced production capabilities in these regions.
Technological Advancements
Technological innovations in the various advertisement and extraction processes of rice bran oil, such as cold pressing and solvent extraction, have significantly enhanced yield and quality. These advancements are critical as they improve the efficiency of oil extraction pushing extraction rates and ensuring a higher quality product by preserving nutrients and antioxidants. For instance, in June 2024, Gemini Edibles & Fats India Ltd unveiled an innovative print advertising campaign for Freedom Rice Bran Oil, named ACT TODAY. This pioneering campaign incorporates quick response (QR) code technology, marking a first in India for an edible oil brand to enhance how consumers engage with a product through print media. Additionally, customers can activate a dynamic video from a static image, which highlights the advantages of Freedom rice bran oil, touted as the 'cholesterol ki safai ka specialist' by scanning the QR code featured in the print ads. This technology-driven approach aims to improve interaction, convenience, and overall brand experience. The adoption of these advanced technologies makes the production process more profitable and sustainable. They enable producers to maintain competitive prices and high-quality standards, making rice bran oil more accessible to a broader market and further driving its growth in the edible oil industry.
Rice Bran Oil Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global rice bran oil market report, along with forecasts at the global and country levels from 2025-2033. Our report has categorized the market based on end-use.
Analysis by End-Use:
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