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Rice Bran Oil Market to Grow Amid the COVID-19 Crisis at a CAGR of 3.3% Over 2020-2027.

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M2 PRESSWIRE-July 6, 2020-: Rice Bran Oil Market to Grow Amid the COVID-19 Crisis at a CAGR of 3.3% Over 2020-2027

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RDATE:06072020

The "Rice Bran Oil - Global Market Trajectory & Analytics"

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Global Rice Bran Oil Market to Reach 1.7 Million Metric Tons by the Year 2027Amid the COVID-19 crisis, the global market for Rice Bran Oil estimated at 1.4 Million Metric Tons in the year 2020, is projected to reach a revised size of 1.7 Million Metric Tons by 2027, growing at a CAGR of 3.3% over the period 2020-2027.Organic, one of the segments analyzed in the report, is projected to grow at a 4.4% CAGR to reach 164.8 Thousand Metric Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Organic segment is readjusted to a revised 3.2% CAGR for the next 7-year period. This segment currently accounts for a 91% share of the global Rice Bran Oil market.The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 6% CAGR for the Period of 2020-2027The Rice Bran Oil market in the U.S. is estimated at 365.1 Thousand Metric Tons in the year 2020. The country currently accounts for a 26.99% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of 352.3 Thousand Metric Tons in the year 2027 trailing a CAGR of 6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR while Rest of European market (as defined in the study) will reach 352.3 Thousand Metric Tons by the year 2027.We bring years of research experience to this 7th edition of the report. The 204-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also...

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