Is there a potential for production of rice bran oil in Odisha?
Considering the potential for production of rice bran oil in Odisha, Chief Secretary A K Tripathy at a high-level meeting directed the department of MSME to make demand assessment of the rice bran oil and present availability of the raw material for promotion of small and medium enterprises in this sector.
How to manufacture rice bran oil?
Rice bran oil manufacturing processes mainly includes rice bran oil expelling, extraction and refining. Rice bran oil expelling relies on high quality rice bran oil expellers.
How big is the rice bran oil market in 2023?
The global rice bran oil market reached a volume of 1.69 million tons in 2023. The market is expected to further grow at a CAGR of 2.4% in the forecast period of 2024-2032 to attain a volume of 2.08 million tons by 2032. Read more about this report – REQUEST FREE SAMPLE COPY IN PDF
How much rice bran oil is produced in the world?
In 2005 a little less than 2 million metric tons (MMT) of rice bran oil were processed in the world (FAO, 2007 ). However, if lipids were extracted to produce rice bran oil from all the rice produced worldwide (598 MMT), one could produce approximately 10 MMT of rice bran oil.