Asia Pacific Rice Bran Derivatives Market Size, Share & Industry Trends Analysis Report By Application (Food & Beverage, Animal Feed, Cosmetics & Personal Care, Biofuel, Pharmaceuticals & Nutraceuticals), By Product, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Rice Bran Derivatives Market would witness market growth of 5.1% CAGR during the forecast period (2022-2028).
Rice bran derivatives are also well-recognized as cholesterol-reducing. Rice bran oil contains a group of compounds known as gamma-oryzanol. Wheat bran and various fruits and vegetables also contain it. The intestine does not effectively absorb gamma-oryzanol. This could lower cholesterol levels by decreasing the cholesterol absorbed from the diet. People use gamma-oryzanol for various illnesses, including high blood pressure, eczema, menopause symptoms, and high cholesterol.
With a perfect ratio of polyunsaturated and monounsaturated fats, rice bran oil has a relatively comparable nutritional profile with peanut oil. In addition, it contains tocotrienols and tocopherols, collectively known as vitamin E, and is made up of a mixture of triterpene esters of ferulic acids and stearyls. According to numerous studies, rice bran oil has numerous health benefits, including improving skin quality, preventing heart disease and certain types of cancer, and boosting immunity. Its hypoallergenic nature also helps to avoid allergies and soothe allergic reactions.
Rice bran oil is often used in skincare products like moisturizers, face oils, and massage oils, in addition to cooking, because it comprises antioxidants that minimize wrinkles and other signs of aging. In cosmetics, rice bran oil, as well as other rice byproducts, are used all across Asia. Skin whitening and brightness is a crucial parts of Asian beauty regimens. It has consequently become an important component in the pharmaceutical and cosmetics industries. Some significant variables driving the industry include better marketing by the manufacturers, increased disposable incomes, and changing lifestyles, among others. Hence, the aforementioned factors are promoting the expansion of the regional rice bran derivatives market in the coming years.
The China market dominated the Asia Pacific Rice Bran Derivatives Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,441.9 Million by 2028. The Japan market is exhibiting a CAGR of 4.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 5.8% during (2022 - 2028).
Based on Application, the market is segmented into Food & Beverage, Animal Feed, Cosmetics & Personal Care, Biofuel, Pharmaceuticals & Nutraceuticals, and Others. Based on Product, the market is segmented into Rice Bran Oil and Rice Bran Meal. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Rice Bran Derivatives Market is Projected to reach USD 9 Billion by 2028, at a CAGR of 5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Wilmar International Limited, A.P. Refinery Private Limited, Cargill, Incorporated, BCL Industries Limited, Riceland Foods, Inc., Agrotech International Limited (AIL), RiceBran Technologies, Golden Grain Group Limited, and Agro Tech Foods Limited (CAG – Tech (Mauritius) Limited)
Scope of the Study
Market Segments Covered in the Report:
- Food & Beverage
- Animal Feed
- Cosmetics & Personal Care
- Pharmaceuticals & Nutraceuticals
- Rice Bran Oil
- Rice Bran Meal
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Archer Daniels Midland Company
- Wilmar International Limited
- A.P. Refinery Private Limited
- Cargill, Incorporated
- BCL Industries Limited
- Riceland Foods, Inc.
- Agrotech International Limited (AIL)
- RiceBran Technologies
- Golden Grain Group Limited
- Agro Tech Foods Limited (CAG – Tech (Mauritius) Limited)
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