Press release
Rice Flour as Versatile Ingredient
The global rice flour market size is expected to be valued at USD 814.22 million in 2024 and reach USD 1014.35 million by 2029, growing at a CAGR of 4.50% from 2024 to 2029.Rice flour market Report Scope:
• Market Size (2029): USD 814.22 million
• Market Size (2024): USD 1014.35 million
• CAGR (2024 to 2029): 4.50%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Product type, Application & Region.
• Geographies Covered: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
• Key Market Players Profiled: Burapa Prosper, Archer Daniels Midland Company, Thai Flour Industry, Ardent Mills Canada, Rose Brand, ConAgra Foods, Inc, Koda Farms, Associated British Foods plc, Lieng Ton, General Mills Inc, Pornkamon Rice Flour Mills
The rice flour market share is anticipated to grow at a higher rate due to the constantly growing demand for the use of rice flour in various snack recipes. With the increasing number of working people across the world, there is an increasing demand for various snacks. Many companies are offering snacks in the right way with the help of rice flour. People opting for healthy snack items is also a factor for the market to grow eventually during the forecast period 2024-2029. Also, rice flour is used to make delicious soups as it acts as a thickening agent that adds proper texture. There are endless recipes using rice flour, and most of the company's focus is on manufacturing the products according to customer preferences. In the US, snacks play an important role in an individual diet. 20% of adults completely depend on snack items as total energy intake. Reportedly, 90% of US adults, on average, eat at least one or more variety of snacks in a day. Therefore, increasing consumer preference for overeating
snacks and their prevalence for healthy diet options is surging the growth rate of the rice flour market. In Canada, preparing snacks using rice flour at home is one of the common things where 73% of the population make snacks simply at home, which are healthy and tasty. Thus, the demand for rice flour is increasing day by day in almost every country, which is adding fuel to the market size. In addition, the rising prominence of gluten-free food products, like using naturally made rice flour, is likely to promote market value in the coming years. The increasing number of obesity-related issues and people's choice to lose weight by only eating gluten-free food products is accelerating the significant market share.
The major challenge for the market players is the fluctuations in the productivity of rice flour. The production rate of rice depends on climatic conditions, where adverse climate changes due to global warming substantially limit the growth rate of the rice flour market. Easy availability of duplicate quality products everywhere at very low cost is another factor that is ascribed to impede the market share. Stringent rules and regulations by the government to avoid the use of pesticides, synthetic compounds, and other chemicals that harm humans in
Browse full details of the report @ https://www.marketdataforecast.com/market-reports/rice-flour-market
Key Insights from The Report:
• By product, Rice flour has the largest market due to rice in its usage in bakeries and sweets.
• By Application, Non-food applications consist of biomaterials, glue, and bioplastics. Other application segments include baby food and roux. Bakery and bread products are the fastest-growing applications in the market.
• Asia Pacific records for the most elevated offer in the global rice flour market in income terms, inferable from high per capita utilization of rice flour in rising economies in the district. The market in Europe represented the second-most elevated income share in the worldwide rice flour market.
• Burapa Prosper, Archer Daniels Midland Company, Thai Flour Industry, Ardent Mills Canada, Rose Brand, ConAgra Foods, Inc, Koda Farms, Associated British Foods plc, Lieng Ton, General Mills Inc, Pornkamon Rice Flour Mills
SEGMENTATION INCLUDED IN THIS REPORT:
By Product Type,
• Rice Flour
• Brown Rice Flour
• Glutinous Rice Flour
• Others
Rice flour has the largest market due to rice in its usage in bakeries and sweets.
By Application,
• Rice Noodle
• Rice Pasta
• Sweets and Desserts
• Snacks
• Bakery and Bread Products
• Thickening Agent
• Animal Feed
• Pet Food
• Non-Food
By Region,
• North America
• Europe
• The Asia Pacific
• Latin America
• The Middle East and Africa
Browse Regional Reports:
North America Rice Flour Market By Product Type, Application And By Region (Us, Canada And Rest Of North America) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029
https://www.marketdataforecast.com/market-reports/north-america-rice-flour-market
Europe Rice Flour Market By Product Type, Application And By Region(UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029
https://www.marketdataforecast.com/market-reports/europe-rice-flour-market
Middle East And Africa Rice Flour Market By Product Type, Application, and Region(KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029.
https://www.marketdataforecast.com/market-reports/middle-east-and-africa-rice-flour-market
Latin America Rice Flour Market By Product Type, Application And Region (Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029
https://www.marketdataforecast.com/market-reports/latin-america-rice-flour-market
Asia-Pacific Rice Flour Market By Product Type, Application And Region(India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024-2029
https://www.marketdataforecast.com/market-reports/asia-pacific-rice-flour-market
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product type
5.1.1 Introduction
5.1.2 Rice flour
5.1.3 Brown Rice flour
5.1.4 Glutinous Rice flour
5.1.5 Others
5.1.6 Y-o-Y Growth Analysis, By Product type
5.1.7 Market Attractiveness Analysis, By Product type
5.1.8 Market Share Analysis, By Product type
5.2 Application
5.2.1 Introduction
5.2.2 Rice Noodle and Rice Pasta
5.2.3 Sweets and Desserts
5.2.4 Snacks
5.2.5 Bakery and Bread products
5.2.6 Thickening Agent
5.2.7 Animal feed including pet food
5.2.8 Non-food applications
5.2.8.1 Biomaterials
5.2.8.2 Glue
5.2.8.3 Bio plastics
5.2.9 Others
5.2.10 Y-o-Y Growth Analysis, By Application
5.2.11 Market Attractiveness Analysis, By Application
5.2.12 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product type
6.1.3.3 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product type
6.1.4.3 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product type
6.1.5.3 By Application
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Burapa Prosper
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Archer Daniels Midland Company
8.3 Thai Flour Industry
8.4 Ardent Mills Canada
8.5 Rose brand
8.6 ConAgra Foods, Inc.,
8.7 Koda farms
8.8 Associated British Foods plc
8.9 Lieng Tong
8.10 General Mills Inc.,
8.11 Pornkamon Rice Flour Mills
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
Contact Us:
MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
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MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
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