Axiom Foods Expands Global Footprint to Produce Rice Bran Oil in India
Axiom Foods (Los Angeles, CA) is now expanding into India to produce hexane- and ethanol-free natural rice bran oil and a variety of for the human food and animal feed sectors, including the equine market. Axiom is known for developing a chemical-free enzymatic fractioning process of brown rice and mechanically fractioned pea protein, which were recently awarded with FDA (U.S. Food and Drug Administration) GRAS (generally recognized as safe) approval and are featured in thousands of food products. In India, Axiom has identified specific varietals of rice conducive to the production of rice bran and rice bran oil using wholly cold-pressed mechanical manufacturing; a process which sets Axiom Foods apart from the competition who use hexane and ethanol for their extraction processes. The product cost will be approximately 25 percent less than anything on the market. The newest office and manufacturing plant in based in India.
Stabilized rice bran oil is a rich source of fat that includes a mélange of B vitamins, phosphorus and also contains gamma Oryzanol, which those in the horse racing industry have lauded for its equine muscle building properties.
According to Global Market Insights, the global rice bran oil market size was estimated at more than 1.2 million tons in 2015. The global edible oil market size was estimated at more than 165 million tons in 2015. The Indian rice bran oil market size by the end of 2016 is forecasted to be over $600 million (USD).
“Our natural process will offer the food and equine feed industries not only a chemical-free and nutrient-rich product, but at a cost savings of at least 25 percent less than what the competition is able to offer,” said David Janow, CEO of Axiom Foods. “We have identified a varietal of Indian rice as having the highest yield of oil and nutrients; and the massive source meets our strict quality testing requirements. Building this facility is a sustainable expansion, as it eradicates having to ship rice across the world for processing. Commercial quantities will be reached within six months and following we will also fraction protein from the bran layer. With the addition of these products and facility, Axiom Foods will help lead the rice bran ingredient industry. We are proud to be able to offer these superlative natural ingredients at an affordable cost; we’re on a mission to change the face of the global food ingredient market.”
For more information, visit www.axiomfoods.com.
