Enhancing Food Industry Demands Fuel Growth in Global Rice Bran Derivatives Market

The Business Research Company’s Rice Bran Derivatives Global Market Report 2023 – Market Size, Trends, And Forecast 2023-2027

LONDON, GREATER LONDON, UK, October 24, 2023 /EINPresswire.com/ -- 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.

Expected to surge from $6.33 billion in 2022 to $8.79 billion in 2027, the global rice bran derivatives market showcases a promising CAGR of 6.6%. The market's growth is primarily attributed to the increasing demand within the food and beverage industry, where rice bran derivatives find extensive application as bioactive component transporters, flavor enhancers, and sources for oil extraction.

Market Segmentation and Key Players
• Product: Rice Bran Oil, Rice Bran Meal
• Application: Food and Beverages, Animal Feed, Cosmetics and Personal Care, Biofuel, Pharmaceuticals and Nutraceuticals, Other Applications
• End-Use: Industrial, Retail

Key players in the rice bran derivatives market include industry giants such as Cargill Incorporated, The Archer Daniels Midland Company, and Wilmar International Ltd., all leading the charge in driving innovation and market expansion through cutting-edge processing and extraction technologies.

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Technological Advancements Steer Market Trends
Rapid technological advancements in the processing and extraction domains have been a key trend in the rice bran derivatives market. POLYCON CO. LTD.'s introduction of POLYCON RB-1, an alcohol-based rice bran wax dispersion, exemplifies the industry's commitment to delivering higher quality products for a wide array of applications, from food packaging to automobile components.

Acquisitions Foster Market Expansion
In a bid to streamline their business operations, Stabil Nutrition LLC's acquisition of RiceBran Technologies' stabilized rice bran business for $3.5 million has opened new avenues for growth and development in the rice bran derivatives sector.

Region-wise Insights
Asia-Pacific currently leads the market, with countries such as Australia, China, India, and Japan at the forefront. The global rice bran derivatives market's expansive coverage includes prominent regions such as Western and Eastern Europe, North and South America, and the Middle East and Africa, encompassing a comprehensive outlook on the industry's global landscape.

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Rice Bran Derivatives Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Rice Bran Derivatives Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on rice bran derivatives market size, rice bran derivatives market drivers and trends, rice bran derivatives market major players, rice bran derivatives market competitors' revenues, rice bran derivatives market positioning, and rice bran derivatives market growth across geographies. The rice bran derivatives market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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Food and Beverages Market Growth Forecast 2023-2027