Rice Bran Derivatives Market Analysis

Rice Bran Derivatives Market Analysis

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The rice bran oil segment held 72% of the rice bran derivatives market share in 2022, due to increased demand for fat-free food and growing consumer health consciousness. Rice bran aids in reducing cholesterol levels and lessen the chance of developing chronic illnesses as they include nutrients viz., gamma, Vitamin E, and oryzanol. According to a 2022 study, the consumption of rice bran oil reduces serum total cholesterol, low-density cholesterol, and triglyceride levels, decreasing the risks of hyperlipidemia in adults.
 

The rice bran derivatives market size from the pharmaceuticals & nutraceuticals application segment will expand at more than 5.5% CAGR through 2032, attributed to the increasing awareness regarding the benefits of rice bran, including antioxidants, vitamins, minerals, and other nutrients, which help in reducing inflammation, refining cardiovascular health, and improving immunity. In addition, promising investments in R&D programs to discover new qualities of rice bran are propelling segment growth.
 

The Europe rice bran derivatives market was reached over USD 4 billion in 2022, credited to the increasing popularity of vegan diets and consumer inclination toward plant-based alternatives. Rice bran products are used as a significant alternative to animal-derived products such as rice bran wax in place of beeswax in cosmetics and personal care products. Moreover, increasing focus on reducing waste and reusing resources for sustainability is also pushing regional growth.