Abstract: In recent years, the processing technology of rice bran oil (RBO) has been extensively studied and applied. Due to technological innovations, more nutritional concomitants that are rich in unsaturated fatty acids, oryzanol, phytosterols, vitamin E, squalene and other bioactive ingredients, have been retained. RBO, also known as "healthy nutrient oil", its edible and medicinal value have been investigated deeply last several years, including its properties in disease prevention and application in food processing, which has contributed to a broad market prospect. Therefore, studies about RBO in the field of food industry, disease intervention and biomass energy have summarized and demonstrated in this review to provide comprehensive theoretical guidance and practical significance for the further development and utilization of rice bran oil in China.