Industry Background:
Rising health concerns among people, and augmenting need for gluten-free products is expected to facilitate the growth of the global rice flour market. Rice is a raw material used for the production of rice flour. This makes the market highly dependent on the rice availability. Excess concentration of gluten in food can pose a serious threat to human health, which may lead to diseases like anemia, osteoporosis, and even infertility on prolonged consumption. Rice flour is nutritious and it is prepared from finely milled rice and it is also naturally gluten-free. Many people are found to be intolerant to gluten which may lead to celiac disease if left diagnosed. Hence, people avoid gluten-free products which give rise to a perceptible growth in the gluten-free food market thereby increasing the growth prospectus of global rice flour market.
The Global Rice Flour market presents a comprehensive analysis of the Rice Flour market by product type (Long Grain, Medium Grain, Short grain and Pre-gelatinized), by end-user/application (Rice Noodle and Rice Pasta, Sweets and Desserts, Snacks, Bakery and Confectionary, Thickening Agent and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Vendors profiled in the report are SA Ingredion Incorp (United States), Ardent Mills (United States), Archer Daniel Midland Corp (United States), Associated British food plc (United Kingdom), Thai Flour Industry (Thailand), ConAgra Foods Inc (United States), General Mills Inc (United States), Willmar International limited (Singapore), Bunge Limited (U.K), Whitworth Bros limited (U.K), Ebro Foods S.A (Spain), Hodgson Mill (United States), King Arthur Flour Company, Inc (United States), BELOURTHE S.A. (Belgium), EDME food Ingredients Limited (U.K), Shipton Mill Limited (U.K), Caremoli group (United States) and KRONER-STARKE GmbH (Germany). Additionally, other players that are part of this comprehensive study are Hindustan Unilever Limited (India), Bressmer and Francke (GmbH & Corp) (Germany) and The Soufflet group (France).
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | SA Ingredion Incorp (United States), Ardent Mills (United States), Archer Daniel Midland Corp (United States), Associated British food plc (United Kingdom), Thai Flour Industry (Thailand), ConAgra Foods Inc (United States), General Mills Inc (United States), Willmar International limited (Singapore), Bunge Limited (U.K), Whitworth Bros limited (U.K), Ebro Foods S.A (Spain), Hodgson Mill (United States), King Arthur Flour Company, Inc (United States), BELOURTHE S.A. (Belgium), EDME food Ingredients Limited (U.K), Shipton Mill Limited (U.K), Caremoli group (United States) and KRONER-STARKE GmbH (Germany) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Due to improved consumer base, healthier, easy-to-cook and ready-to-eat options of foods to suit their busier lifestyle, baked foods, and snack products have been gaining traction since the recent past.
Market Growth Drivers:
High Demand for Rice Flour Across Global Population, Growing Adoption of People for Gluten Free Products, Changing Lifestyle towards Healthier Living and Shift in Taste Preferences of Consumer
Challenges:
Price Instability of grains due to changing weather conditions, Dependability on rice for the production of rice flour and Increase competition in the export business of rice flour
Restraints:
Irregularities in climate and seasonal variations critically affect crops., The high cost of transport facilities. and Fluctuating costs of energy, chemicals, and fertilizers leading to volatility in the crop prices.
Opportunities:
Advancement in Milling Process. and Production of Non-Gluten as well as Flour Fortified With Nutrients
Regional Breakdown and Segment Analysis
This section of our report presents a realistic picture of the Global Rice Flour industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest. For instance, while the North America holds majority of market share of the Rice Flour
The Origin, such as Conventional, is boosting the Rice Flour market and is anticipated to experience a steady growth during the forecast period.
The Source, such as White Rice, is boosting the Rice Flour market and is anticipated to experience a steady growth during the forecast period.
The market appears to be fragmented by numerous players. It has been projected that since there is a wide demand for the bakery application, the rice flour manufacturers are expected to capture immense growth opportunities in this market.
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)