Rice Bran Derivatives Market Competitive Landscape, Key Drivers, Demand Analysis, Segmentation And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Rice Bran Derivatives Global Market Report 2023 identifies increasing demand for the food and beverage industry as the major driver for the rice bran derivatives market's growth in the forecast period. The food and beverage industry refers to all businesses that handle the processing, packaging, and distribution of uncooked food products, freshly prepared foods, and alcoholic and nonalcoholic beverages. In the food and beverage industry, rice bran can be employed as a bioactive component transporter, flavor enhancer, and oil extraction.

The global rice bran derivatives market is expected to grow from $6.33 billion in 2022 to $6.8 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The rice bran derivatives market is expected to reach $8.79 billion in 2027 at a CAGR of 6.6%.

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Major competitors in the rice bran derivatives market are Cargill Incorporated, The Archer Daniels Midland Company, Wilmar International Ltd., Doosan Corp., Yihai Kerry Arawana Holdings Co. Ltd, Adani Group, Patanjali Foods Limited, SunOpta Inc., Omega Fields, Riceland Foods Inc.

A key trend in the rice bran derivatives market includes advances in processing and extraction technology. Major companies operating in the rice bran derivatives market are introducing advanced processes for manufacturing innovative products to sustain their position in the market. For instance, in July 2022, POLYCON CO. LTD., a Japan-based wax dispersion manufacturing company, launched POLYCON RB-1, the first alcohol-based rice bran wax dispersion. POLYCON RB-1 is created by mixing rice bran wax with IPA and adjusting the viscosity and particle size. It can be used as an addition for gravure printing inks applied to food packaging, building materials, and automobile components, as well as for paint utilized in the building industry and other sectors to increase abrasion resistance and anti-blocking qualities.

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The rice bran derivatives market is segmented -
1) By Product: Rice Bran Oil, Rice Bran Meal

2) By Application: Food And Beverages, Animal Feed, Cosmetics And Personal Care, Biofuel, Pharmaceuticals And Nutraceuticals, Other Applications

3) By End-Use: Industrial, Retail

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the rice bran derivatives market.

The Business Research Company's "Global Rice Bran Derivatives Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Rice Bran Derivatives Market Include:
1. Executive Summary
2. Rice Bran Derivatives Market Characteristics
3. Rice Bran Derivatives Market Trends And Strategies
4. Rice Bran Derivatives Market - Macro Economic Scenario
……
32. Global Rice Bran Derivatives Market Competitive Benchmarking
33. Global Rice Bran Derivatives Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Rice Bran Derivatives Market
35. Rice Bran Derivatives Market Future Outlook and Potential Analysis
36. Appendix

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