Investing in a rice bran oil extraction plant could be a promising venture. Rice bran is a by-product of rice processing and is often wasted, but it contains around 65% of the nutrients of the whole rice grain. The oil extraction from rice bran is an example of biorefinery valorization of food by-product in the perspective of an integrated approach and of a circular economy.
Rice bran oil (RBO) is considered a high value-added product with unique health properties due to its high concentration in γ-oryzanol, a powerful antioxidant mixture of bioactive molecules. It’s mainly produced and consumed in Asian countries, where it’s considered as a “healthy oil”.
With the development of rice processing industry and oil extraction technology, setting up a rice bran oil factory is becoming a hot project with great commercial value. The process generally includes 3 sections: pre-processing, oil extracting, and oil refining.
However, it’s important to note that starting such a venture requires careful planning and consideration. You would need to assess market potential, negotiate with collaborators, make investment decisions, plan for corporate diversification, etc., in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects.
I would recommend conducting thorough research and possibly consulting with industry experts before making any investment decisions. You might also want to consider obtaining a detailed project report that provides industry trends, plant setup, machinery, raw materials, investment opportunities, cost and revenue.