Rice Bran Oil Market Growing at 5.14% CAGR to 2017-2021

Mar 10, 2017

The Global Rice Bran Oil Market 2017-2021 is a new research report added to ReportsnReports.com. This report covers the present scenario and the growth prospects of the global rice bran oil market for 2017-2021.

March 10, 2017 /MarketersMedia/ —

Rice bran oil market analyst says the latest trend gaining momentum in the market is new players entering rice bran oil category. Seeing the overall health benefits of rice bran oil and the growing demand for healthy oils among consumers, more players are entering this category.

Complete report on rice bran oil market spread across 64 pages, analyzing 4 major companies and provides 31 data exhibits is now available at http://www.reportsnreports.com/reports/857471-global-rice-bran-oil-market-2017-2021.html .

The analysts forecast the global rice bran oil market to grow at a CAGR of 5.14% during the period 2017-2021. One of the major drivers for this market is health benefits of rice bran oil. Rice bran oil has many health benefits, the foremost one is that it lowers cholesterol. Cholesterol issues are becoming common among consumers, which often increase the risk of heart diseases and stroke. The cholesterol-lowering property of rice bran oil is becoming popular among consumers as the balance of fatty acids in the oil helps in lowering cholesterol levels.

The following companies as the key players in the global rice bran oil market: A.P. Refinery, Ricela Health Foods, Sethia Oils, and Thai Edible Oil. Other Prominent Vendors in the market are: Adani Wilmar, Advanced Chemical Industries, Emami Agrotech, GEF India, Hansells, InterNatural Foods, Kamolkij Group of Companies, Marico, Mother Dairy Fruit & Vegetable, Riceland Foods, Ruchi Soya Industries, Surin Bran Oil, TARA HEALTH FOODS, and Vimal Oil & Foods.

Order a copy of Global Rice Bran Oil Market 2017-2021 report @ http://www.reportsnreports.com/purchase.aspx?name=857471 .

Further, the report states that one of the major factors hindering the growth of this market is unestablished category. The rice bran oil market is still at a nascent stage compared to other healthy oils like sunflower oil, which is an established category owing to the awareness level among consumers. The late entry of rice bran oil is acting as a challenge in the market.

The report, Global Rice Bran Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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But Ababa refused to let the gap dictate the outcome. Under sweltering conditions, the multi-title campaigner steadily chipped away at Lumbo’s advantage while a host of contenders, including Morilla, Reymon Jaraula, Clyde Mondilla, Ira Alido, and Rupert Zaragosa, also tried to stay within striking distance. With the field gradually running out of holes, Ababa made his move. A stirring birdie-birdie-eagle surge from No. 12 brought him level with Lumbo at 13-under with four holes remaining, setting up a tense, nerve-wracking duel between two determined contenders. Lumbo answered with a clutch birdie on No. 15 to regain the outright lead and appeared to have stemmed Ababa’s charge. But the veteran refused to blink. Ababa stayed composed down the stretch, then delivered the decisive blow on No. 17, sinking another birdie to draw level once more and set up a winner-take-all finish on the 18th. With the title hanging in the balance, Ababa delivered one final clutch shot, setting himself up with a four-foot birdie putt after Lumbo’s approach finished some three pins away. When Lumbo agonizingly missed his birdie attempt, the door was wide open for Ababa. He took his time, carefully reading the break and judging the distance, while keeping his composure and resolve firmly intact. Then, with confidence, Ababa stroked the putt. The ball rolled true and disappeared into the hole, completing a stunning comeback and securing a one-stroke victory over Lumbo on a closing seven-under card and a 14-under 266 total worth P440,000. Lumbo closed with a three-under card to settle for his third runner-up finish of the year at 267 and pocketed P287,500, while Jaraula fired a 66 to snatch third place at 270 after one of the fiercest four-day duels in Philippine Golf Tour (PGT) history. Mondilla carded a 67 to tie Morilla, who shot a 69, for fourth at 272, while Zaragosa posted a second straight 68 to finish sixth at 273. Negros Occidental leg winner Art Arbole rallied with a 68 to tie Alido, who matched par with a 70, and Japan’s Miki Ryoma, who slipped with a 71, for seventh at 275. The victory marked Ababa’s 14th PGT title. Ever humble and magnanimous in victory, Ababa attributed the unlikely triumph to Divine providence, admitting he never expected to win after trailing Lumbo by a wide margin. "God really granted this victory to me. I didn't expect to win here because Jeffren had a big lead. So He truly blessed me with this," said Ababa, who dedicated the victory to his family, including his late wife, Mailyn, and their sons, John Michael and Samuel. Despite being two shots down with seven holes to play, Ababa knew the match was far from over. Rather than dwell on the deficit, he focused on executing the basics and giving himself a chance. "I didn't feel pressured. I just told myself to hit the fairway and green, and maybe I'd get lucky. On No. 17, the line was good," he said. With a playoff as his immediate goal, Ababa stayed patient and waited for an opening. "I was really just aiming for a playoff to give myself a chance. But he missed his putt, and I made mine in one," he added. No sudden death ensued as Ababa seized the opportunity with a clutch approach. His solid drive on the 18th left him just 50 yards from the pin. He pulled out his trusted 60-degree wedge and stuffed it to within four feet, setting himself up for the winning putt. The victory underscored Ababa’s experience and composure under pressure, as he transformed a three-shot deficit into a dramatic closing triumph with a fiery four-under card over three holes and back-to-back birdies when it mattered most. It was also a major redemption for him after his third-place finish in Negros Occidental last year, where he slugged it out with Arbole through the first three rounds before fading on the final day, enabling Lumbo to seize runner-up honors. For Lumbo, the rising Sarangani star who also finished second at Pinewoods, the defeat came after he had controlled much of the tournament and appeared poised to add another title to his young professional career. Instead, it was Ababa who owned the final stretch — turning the 17th and 18th into the decisive holes and walking away with the ICTSI Iloilo Golf Challenge crown. TMT

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