Rice Flour Market Worldwide Growth Production Status, Manufacturing Cost Forecast Till 2023


Posted October 3, 2019 by nikhilkhadilkar

Rice Flour Market Research Report: Information by Source (White Rice and Brown Rice), Category (Organic and Conventional), Application (Bakery & Confectionary, Breakfast Solutions, Baby Food, Snacks and Others) Region — Global Forecast
 
Rice Flour Market Highlights

The global Rice Flour Market has been growing due to its gluten-free properties. The increasing prevalence of celiac disease and rising adoption of gluten-free diet is resulting in manufacturers substituting ingredients high in gluten with rice flour. Moreover, the health benefits of rice flour have attracted the attention of the health-conscious consumers.

Increasing health awareness and growing preference for leading healthier lifestyle among individuals are major factors driving the growth of global rice flour market. Rice flour is nutritious and is extensively used as an ingredient in foods such as breakfast cereals and premixes. Additionally, rice is the staple food for most of the population around the globe.

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Based on source, the global Rice Flour Market has been segmented into white rice and brown rice. The white rice flour segment accounted for the maximum market share in 2017 and is expected to grow at a higher rate during the forecast period due high fiber content in the white rice flour. High-fiber foods helps body to eliminate waste and helps lowering the cholesterol levels in the body. Additionally, the factors such as availability and high preference for white rice flour in Asia Pacific is expected to boost the market during the forecasted period. Brown rice flour is mainly preferred in North America, South America and Europe. Therefore, the brown rice flour segment is expected to account for a substantial share in these markets during the forecast period.

Key Players

Some of the key players in the global Rice Flour Market are Associated British Foods PLC (UK), Ebro Foods, S.A. (Spain), Ingredion Incorporated (US), Archer-Daniels Midland Co. (US), Wilmar International Limited (Singapore), Bunge Ltd. (US), Whitworth Bros. Ltd.(UK), The Soufflet Group (France), Shipton Mill Ltd. (UK), KRÖNER-STÄRKE GmbH (Germany), Belourthe SA (Belgium), Bressmer & Francke (Gmbh & Co.) KG (Germany), and EDME Food Ingredients Limited (UK).

Regional Analysis

Based on region, the global Rice Flour Market has been segmented by North America, Europe, Asia-Pacific, and RoW. Asia Pacific is expected to dominate the global Rice Flour Market owing to the increasing prevalence of gluten intolerance and celiac disease, especially in Australia and Japan. Moreover, rice is considered a staple food in most parts of Asia Pacific such as China, India, Japan, Indonesia, and Thailand, which is also driving the growth of the regional rice flour market.

The Rice Flour Market in North America is expected to grow rapidly due to the increasing adoption of healthy, gluten-free diets by the rising health-conscious population. Emerging markets such as US and Canada are projected to contribute to the growth of the regional rice flour market.

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Categories Business , Consumer , Food
Tags rice flour market , rice flour market forecast , rice flour market region , rice flour market segments , rice flour market share , rice flour market size , rice flour market trends
Last Updated October 3, 2019