Rice Bran Oil Market – Global Industry Size, Share, Trends, Opportunity and Forecast, Segmented By Type (Refined, Unrefined), By Application (Food Processing, Cosmetics, Others), By Sales Channel (Hypermarkets/Supermarkets, Departmental Stores, Online, Others), By Region & Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 8.55 Billion
CAGR (2026-2031)	11.08%
Fastest Growing Segment	Online
Largest Market	Asia Pacific
Market Size (2031)	USD 16.06 Billion

Market Overview

The Global Rice Bran Oil Market will grow from USD 8.55 Billion in 2025 to USD 16.06 Billion by 2031 at a 11.08% CAGR. Rice Bran Oil is a nutrient-rich edible oil extracted from the hard outer brown layer of rice, known as the bran, which is obtained as a byproduct during the milling process. This oil is characterized by its high smoke point, mild flavor, and balanced fatty acid profile, making it highly suitable for high-temperature cooking applications such as frying. The market is primarily driven by the escalating consumer demand for heart-healthy dietary options, largely due to the oil’s concentration of oryzanol, a compound recognized for its cholesterol-lowering properties. Furthermore, the robust expansion of the processed food industry, which increasingly utilizes this oil for its stability and functional benefits, acts as a fundamental catalyst for sector growth.

However, the market faces a significant challenge regarding the economic viability of processing operations, which is often heavily dependent on government trade policies affecting byproducts. According to the Solvent Extractors' Association of India, in the financial year 2023-24, exports of de-oiled rice bran—a critical revenue source for oil producers—were limited to just 1.51 lakh tonnes due to regulatory restrictions. Such policy interventions can severely disrupt the profitability of extraction mills, thereby impeding the industry's ability to maximize production capacity and hindering the overall expansion of the global market.

Key Market Drivers

The rising consumer awareness of cardiovascular health benefits acts as a primary catalyst for the Global Rice Bran Oil Market, as individuals increasingly seek dietary fats that offer functional advantages beyond basic nutrition. This oil is particularly valued for its high concentration of gamma-oryzanol, an antioxidant linked to cholesterol reduction and improved heart health, which has successfully positioned it as a premium alternative to conventional vegetable oils. Manufacturers are aggressively leveraging this health-centric appeal in their marketing strategies to capture a larger share of the health-conscious consumer base. For instance, according to Gemini Edibles & Fats India, July 2024, in a 'Times of India' report, the company targets a 25% revenue growth in the fiscal year 2025, anticipating a turnover increase to Rs 12,000 crore driven largely by the expanding consumption of its health-focused Freedom Rice Bran Oil brand.

Concurrently, the market is bolstered by the abundant availability of raw material in major rice-producing regions, which ensures a consistent and cost-effective supply chain for oil extraction. The massive cultivation of paddy in countries across Asia allows for the substantial generation of rice bran, a byproduct that was historically underutilized but is now pivotal to the edible oil trade. This distinct regional production capacity facilitates robust cross-border trade and processing activities. According to The Financial Express, December 2024, data from the Bangladesh Trade and Tariff Commission indicates that Bangladesh exported nearly 64,020 tonnes of rice bran oil to India in the fiscal year 2023-24, highlighting the strong flow of raw material between key producing nations. Furthermore, the economic value of the extraction process is enhanced by the trade of byproducts; according to the Solvent Extractors' Association of India, June 2024, India typically exports 5 to 6 lakh tonnes of de-oiled rice bran annually to Asian markets, underscoring the industry's capacity to maximize value from the available agricultural inputs.

Download Free Sample Report

Key Market Challenges

The economic viability of rice bran oil processing is significantly compromised by restrictive government trade policies regarding byproducts. Since the extraction industry operates on thin margins, the revenue generated from de-oiled rice bran is essential for offsetting the costs of oil production. When regulatory bodies impose limitations on the trade of this critical byproduct, producers face an immediate and sharp reduction in overall profitability. This financial strain frequently forces extraction mills to operate below their installed capacity or suspend operations entirely, as the income from the oil alone is often insufficient to sustain the business. Consequently, these policy-induced bottlenecks constrict the supply chain and prevent the market from reaching its full production potential.

The detrimental impact of these regulatory interventions is evident in recent trade performance figures. According to the Solvent Extractors' Association of India, in the period from April to October 2024, the export of rice bran extraction was recorded at nil due to the continued extension of government export prohibitions. This complete cessation of byproduct shipments creates unmanageable inventory surpluses and revenue deficits for millers. Such an environment creates a direct disincentive for capacity expansion, thereby stalling the broader growth trajectory of the global rice bran oil market.

Key Market Trends

The increasing commercialization of fortified rice bran oil products is reshaping the market as manufacturers scale up processing capabilities to meet the surging demand for healthy, value-added edible oils. This trend involves enhancing refining infrastructure to produce nutrient-fortified variants that appeal to health-conscious consumers, moving beyond basic oil production to sophisticated, brand-driven offerings. This industrial expansion is evident in key production hubs where firms are actively bolstering their output potential to secure domestic market stability and expand product portfolios. According to The Business Standard, December 2024, in the article 'Tariff Commission wants 25% duty on rice bran oil exports', the sector's robust growth is highlighted by the fact that twenty rice bran oil-producing companies in Bangladesh have established an aggregate annual refining and packaging capacity of 2.86 lakh tonnes.

Simultaneously, the adoption of green and enzymatic extraction technologies is gaining traction, driven by the industry's need for sustainable processing methods superior to traditional solvent-based techniques. These advanced methods utilize biological catalysts to release oil from the bran matrix, offering the dual benefit of reducing chemical solvent usage while maximizing output efficiency. This technological shift is increasingly supported by scientific validation regarding its industrial viability and performance. According to the Food and Agriculture Organization (FAO) AGRIS, December 2024, in the research entry 'Research on the Enzyme Assisted Extraction of Rice Bran Oil', studies indicated that an optimized enzymatic hydrolysis process could successfully achieve an extraction yield of more than 84.10%, underscoring the potential of these green technologies to revolutionize production standards.

Segmental Insights

The online distribution segment is identified as the fastest-growing category within the global rice bran oil market. This accelerated expansion is primarily driven by increasing global internet penetration and the widespread adoption of mobile devices, which provide consumers with convenient access to e-commerce platforms. Furthermore, the digital marketplace allows shoppers to easily compare prices and research product specifications regarding heart health benefits more effectively than physical retail environments. Consequently, major edible oil manufacturers are actively strengthening their direct-to-consumer logistics to accommodate this shifting preference toward online grocery purchasing.

Regional Insights

The Asia Pacific region maintains a leading position in the global rice bran oil market primarily due to substantial raw material availability from extensive paddy cultivation in India, China, and Japan. This agricultural volume ensures a consistent input supply for high-volume oil extraction and processing. Furthermore, market expansion is driven by rising consumer awareness of cardiovascular health, often supported by nutritional recommendations from entities like the World Health Organization regarding the oil's balanced fatty acid composition. Consequently, the concentration of manufacturing infrastructure near these agricultural sources enables the region to dominate global production and consumption.

Recent Developments

• In March 2025, Vaighai Agro Pvt. Ltd revealed its immediate expansion plans to introduce its Nella brand of rice bran oil into export markets in the USA and Australia. The Director of the company stated that this strategic move was driven by the increasing demand for quality rice bran oil in these regions and aimed to strengthen the brand's presence in the premium health-conscious consumer segment. The company also emphasized its commitment to enhancing its refining and packaging facilities to support this international growth. This development marked a significant step in the company's efforts to shift from a domestic focus to becoming a key player in the global agribusiness industry.
• In November 2024, KRBL Ltd, the company renowned for the 'India Gate' basmati rice brand, announced its strategic decision to foray into the healthy edible oil segment by launching rice bran oil. The company's top management disclosed plans to introduce the new product in the upcoming quarter, leveraging its existing capabilities in producing unrefined rice bran oil at its plants. This diversification aimed to add value to the brand's portfolio by processing and retailing the oil directly to consumers, thereby utilizing the company's established retail network ecosystem. The move was described as a logical extension of their product line to complement their rice offerings.
• In July 2024, Adani Wilmar Ltd announced a significant investment of ₹600 crore to expand its processing capacities and solar power generation capabilities. The Managing Director and CEO of the company revealed that this capital expenditure was aimed at enhancing the production of edible oils, with a specific focus on growing domestic options like rice bran health oil and mustard oil. The company reported a volume growth in its edible oil business, attributing the performance to stable prices which supported consumer demand. This strategic investment was part of a broader plan to increase market penetration and strengthen the company's foothold in the branded commodity market.
• In January 2024, Tsuno Group, a prominent Japanese entity in the rice bran industry, successfully developed a stable formulation containing a high dosage of ferulic acid and applied for a patent for this innovation. This breakthrough involved a rare natural plant-derived ingredient obtained from the by-products generated during the refining process of rice bran oil. The company highlighted that this new formulation possesses significant ultraviolet absorption functions, positioning it as a valuable component for various applications. This development underscored the company's commitment to advancing the effective use of rice bran and expanding the utility of its oil refining derivatives in sectors such as pharmaceuticals and cosmetics.

Key Market Players

• Adani Wilmar Ltd.
• Cargill, Incorporated
• King Rice Oil Group
• Ricela Health Foods Limited
• 3F Industries Ltd
• Modi Naturals Ltd.
• Marico Limited
• The Kraft Heinz Company
• Conagra Brands, Inc
• Sethia Oils Ltd

By Type	By Application	By Sales Channel	By Region
Refined Unrefined	Food Processing Cosmetics Others	Hypermarkets/Supermarkets Departmental Stores Online Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Rice Bran Oil Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Rice Bran Oil Market, By Type:

• Refined
• Unrefined

• Rice Bran Oil Market, By Application:

• Food Processing
• Cosmetics
• Others

• Rice Bran Oil Market, By Sales Channel:

• Hypermarkets/Supermarkets
• Departmental Stores
• Online
• Others

• Rice Bran Oil Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE