Global Ricebran Oil Market Size Volume by Country

The global rice bran oil market in 2023 showed significant volume size with India leading at 228.0 thousand metric tons, followed by China at 117.0. South Korea, Vietnam, and North Korea also contributed, with Vietnam seeing the highest growth rate at 6.4% and Thailand at 8.45%. China and India experienced moderate growth at 0.35% and 0.53%, respectively, while several other countries remained static. Over the past five years, the compound annual growth rate (CAGR) has reflected an overall steady demand in the market.

Future trends to watch include an increased focus on health-conscious products, likely driving growth in traditionally non-producing regions. Innovations in production technology and rising consumer awareness about the health benefits of rice bran oil will potentially impact market dynamics positively.