The value of rice bran as a food is reviewed with particular reference to different sources, stabilization, composition (protein, oil, carbohydrates, fibre, vitamins and minerals), physiological effects and organoleptic aspects. It is concluded that positive physiological benefits may accrue over and above its nutrient content, and the properties of oryzanol, which has hormone-like effects on the autonomic nervous system and beneficial effects on the skin, is cited.