The Europe Rice Bran Derivatives Market would witness market growth of 4.7% CAGR during the forecast period (2022-2028).
The richest sources of phytosterols are derivatives of stabilized rice bran. The most prevalent phytosterols are beta-sitosterol, campestrerol, and stigmasterol. In particular, colon, breast, and prostate cancers are protected from phytosterol. Consuming rice bran that has been stabilized may help prevent cancer. Compared to alpha-tocopherol and known tocotrienols, tocopherols and tocotrienols demonstrated substantially stronger in vitro antioxidant activities and a stronger ability to decrease the proliferation of B16 melanoma cells.
This has promoted the isolation as well as identification of new tocotrienols with anticancer, antioxidant, and hypocholesterolemic activities from rice bran. The increased usage of rice bran derivatives as healthy substitutes for conventional oils and fats in food & beverage applications is what is fueling the market's expansion. In addition, the market demand is also fueled by the purported health advantages that rice bran oil offers.
Europe is also one of the prominent markets for rice bran-based oils that are developing. One of the main purchasers of this oil is from developing nations in Europe. Rice bran oil is gradually gaining acceptance in the region due to its many health benefits. Rice bran oil is taste-neutral and cost-effective relative to other vegetable oils in the region. It offers consumers a good substitute for new vegan and ketogenic diets. This incorporation is also a result of the growing recognition of the benefits of rice in skincare. Therefore, in the coming years, all these factors will aid in propelling the growth of the regional rice bran derivatives market.
The Germany market dominated the Europe Rice Bran Derivatives Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $342 Million by 2028. The UK market is anticipated to grow at a CAGR of 3.8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.5% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Rice Bran Derivatives Market will Hit $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)
By Application
By Product
By Country
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