Global Rice Bran Wax Industry Expands at 6.8% CAGR, projected to...

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2025-06-02 16:28:47 - Translate -

Global Rice Bran Wax Industry Expands at 6.8% CAGR, projected to Hit $736.6 Million by 2031

The global rice bran wax market was valued at US$ 408.6 million in 2022 and is projected to reach US$ 736.6 million by 2031, expanding at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2031. Rice bran wax extracted from crude rice bran oil during the milling process is a versatile, natural, and renewable substance composed of esters, fatty alcohols, and hydrocarbons. Its high melting...

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