Product Code: ETC8850726 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Rice bran oil is gaining traction in the Philippines due to its health benefits, including heart health support and antioxidant properties. As consumers shift toward healthier cooking oil alternatives, the demand for rice bran oil is increasing. The food processing industry is also incorporating rice bran oil in various products, further contributing to market growth.
The Rice Bran Oil market in the Philippines is experiencing growth due to the rising consumer awareness of the health benefits of rice bran oil. Known for its high antioxidant content, rice bran oil is considered a healthy cooking oil option due to its ability to lower cholesterol levels and promote heart health. The demand for rice bran oil is growing in the food industry, as well as in the cosmetic and pharmaceutical sectors, where it is used for its moisturizing and anti-inflammatory properties. As health-conscious consumers seek healthier alternatives to traditional cooking oils, the market for rice bran oil is expected to continue its upward trend.
The Rice Bran Oil market in the Philippines faces challenges such as the limited availability of raw material, as rice bran is often underutilized or discarded after milling. While rice bran oil is seen as a healthier alternative to other oils, its production cost remains relatively high, and the market struggles with consumer awareness regarding its health benefits. Additionally, competition from cheaper vegetable oils such as palm oil and coconut oil poses a significant challenge. Distribution also remains a problem in rural areas where access to specialized oils is limited.
The rice bran oil market in the Philippines is experiencing growth driven by the increasing demand for healthy cooking oils. Known for its high smoke point and nutritional benefits, rice bran oil is gaining popularity among health-conscious consumers. As the demand for healthier and more sustainable oils increases, there is ample opportunity for investment in rice bran oil extraction, refinement, and distribution. Additionally, with growing interest in plant-based and natural food products, rice bran oil has the potential to become a key player in the global edible oil market.
The government supports the rice bran oil market in the Philippines by promoting its health benefits and encouraging the use of this oil in both local and international markets. Policies focus on supporting the sustainable production of rice bran oil, ensuring that it meets food safety standards and is competitively priced. The government provides funding for research into improving rice bran oil extraction methods and expanding its use in cooking and the cosmetic industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Rice Bran Oil Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Rice Bran Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Rice Bran Oil Market - Industry Life Cycle |
3.4 Philippines Rice Bran Oil Market - Porter's Five Forces |
3.5 Philippines Rice Bran Oil Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.6 Philippines Rice Bran Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Rice Bran Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Rice Bran Oil Market Trends |
6 Philippines Rice Bran Oil Market, By Types |
6.1 Philippines Rice Bran Oil Market, By End-Use |
6.1.1 Overview and Analysis |
6.1.2 Philippines Rice Bran Oil Market Revenues & Volume, By End-Use, 2021- 2031F |
6.1.3 Philippines Rice Bran Oil Market Revenues & Volume, By Edible, 2021- 2031F |
6.1.4 Philippines Rice Bran Oil Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2 Philippines Rice Bran Oil Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Rice Bran Oil Market Revenues & Volume, By Offline Sales, 2021- 2031F |
6.2.3 Philippines Rice Bran Oil Market Revenues & Volume, By Online Sales, 2021- 2031F |
7 Philippines Rice Bran Oil Market Import-Export Trade Statistics |
7.1 Philippines Rice Bran Oil Market Export to Major Countries |
7.2 Philippines Rice Bran Oil Market Imports from Major Countries |
8 Philippines Rice Bran Oil Market Key Performance Indicators |
9 Philippines Rice Bran Oil Market - Opportunity Assessment |
9.1 Philippines Rice Bran Oil Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.2 Philippines Rice Bran Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Rice Bran Oil Market - Competitive Landscape |
10.1 Philippines Rice Bran Oil Market Revenue Share, By Companies, 2024 |
10.2 Philippines Rice Bran Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |