Rice Flour Market size was valued at US$ 1.27 Bn. in 2023 and the total revenue is expected to grow at 6.1 % from 2024 to 2030, reaching nearly US$ 1.92 Bn.
Rice Flour Market Overview:
The rice flour market has been expanding steadily, driven by its versatility as a key ingredient in various food applications. Made by milling raw rice, rice flour is widely used in the preparation of gluten-free products, snacks, and traditional dishes. Its functional properties, such as enhancing texture and acting as a thickening agent, have made it a preferred choice among food manufacturers.
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Rice Flour Market Trends:
One prominent trend in the rice flour market is the rising demand for organic and fortified rice flour. Consumers are increasingly leaning towards organic products that are free from chemicals and pesticides. Fortified rice flour, enriched with vitamins and minerals, is also gaining traction as it aligns with the growing preference for functional and nutritious foods.
What are Rice Flour Market Dynamics?
The rice flour market is primarily driven by the growing demand for gluten-free food products. With increasing health consciousness, consumers are seeking alternatives to wheat-based products, boosting the adoption of rice flour in the bakery and confectionery sectors. Additionally, the versatility of rice flour in creating diverse textures and flavors has made it a staple in Asian cuisines and an emerging ingredient in global culinary practices.
Rice Flour Market Opportunities:
The growing popularity of plant-based diets presents significant opportunities for rice flour manufacturers. Its compatibility with plant-based recipes and ability to mimic certain textures makes it a valuable ingredient in vegan and vegetarian food products. Expanding the range of rice flour blends tailored to specific applications, such as gluten-free baking or baby food, can further enhance market reach.
What is Rice Flour Market Regional Insight?
Asia-Pacific dominates the rice flour market, with countries like India, China, and Thailand leading due to high rice production and consumption. The region’s deep-rooted culinary traditions and the extensive use of rice flour in traditional dishes significantly contribute to market growth. Increasing exports of rice flour to other regions further underline its economic importance in the area.
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What is Rice Flour Market Segmentation?
by Type
White Rice Flour
Brown Rice Flour
Glutinous Rice Flour
by Category
Organic
Conventional
by Application
Food and Beverage Industry
Cosmetics and Personal Care Industry
Pharmaceutical Industry
Some of the current players in the Rice Flour Market are:
1. Burapa prosper
2. Thai flour industry
3. Pornkamon Rice Flour Mills Co. Ltd.
4. Ardent Mills Canada
5. Koda farms
6. Lieng Tong
7. Shipton Mill Ltd.
8. Woodland Foods Ltd.
9. Associated British Foods PLC
10. Ebro Foods S.A.
11. Archer-Daniels Midland Co.
12. Bunge Ltd
13. Ingredion Incorporated
14. Whitworth Bros. Ltd.
15. Belourthe SA
16. EDME Food Ingredients Limited
17. Bressmer & Francke GmbH & Co.
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Key Offerings:
- Past Market Size and Competitive Landscape
- Rice Flour Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Rice Flour Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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