Rice Bran Oil Market Eyes Revenue Worth US$14.8 Bn by 2030, Predicts Fairfield Market Research in a New Report
03/04/2024 (Globe Newswire), London - Global Rice bran oil market is poised for significant growth in the coming years, driven by a rise in health consciousness and increasing consumer awareness of the benefits of rice bran oil. According to a recent report by Fairfield Market Research, the rice bran oil market is expected to reach a value of US$14.8 Bn by 2030, growing at a CAGR of 8.9% during the forecast period, 2023 – 2030.
Consumers are becoming increasingly aware of the health benefits of rice bran oil, which is driving demand for the product. The company’s analyst explains, “Rice bran oil is a versatile product with a wide range of applications,” adding further, “The rising demand for healthy and natural products is expected to be a major driver of the rice bran oil market in the coming years.”
https://finance.yahoo.com/news/rice-bran-oil-market-eyes-134100362.html