North America 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 North America Rice Bran Derivatives Market would witness market growth of 4.4% CAGR during the forecast period (2022-2028).
In the process of milling rice, which involves removing the outer coating of the grain, rice bran is produced as a by-product. Many health-promoting properties of rice bran and its components have been demonstrated. Ulcer prevention, anti-inflammatory, anti-diabetic, anti-oxidant, and immunomodulatory actions, among others, are a few of these features. Tocopherols, tocotrienols, and oryzanols comprise most of the nutrients in rice bran. Microglial hyperactivation is a major characteristic of inflammatory brain disease and is essential in controlling neuroinflammatory processes.
One of the main risk factors for many neurodegenerative illnesses is neuroinflammatory reactions in microglia. Consuming a diet high in polyphenols and anti-oxidants is one method for preserving the brain and halting the growth of certain neurodegenerative disorders. Therefore, rice bran oil and meals are highly regarded for the anti-inflammatory properties of gamma-oryzanols and tocopherols, two forms of vitamin E that are abundant in rice bran extract (RBE).
Some important factors influencing the market's performance include accessibility to high-quality inputs, efficient crop management methods, and cutting-edge technology. As a result, rice is more likely to be of excellent quality at harvest and remain such throughout the milling process. This results in a higher quality of rice bran, producing premium quality rice bran derivatives. Also, incredibly efficient transportation and logistics contribute to the market growth in North America. The growth of enterprises that use rice as a primary ingredient is facilitated by the region's successful rice cultivation. As a result, the increasing production and consumption of rice bran derivatives are propelling the regional market's growth throughout the forecast period.
The US market dominated the North America Rice Bran Derivatives Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,246.9 Million by 2028. The Canada market is poised to grow at a CAGR of 6.8% during (2022 - 2028). Additionally, The Mexico market would witness 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Rice Bran Derivatives Market is Predict to reach $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
- Rest of North America
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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