According to IMARC Group's latest research report, titled "Rice Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," provides an extensive analysis of the industry, including rice flour market share, size, trends, and growth opportunities. The report also covers competitor and regional analysis and the latest advancements in the global market. The global rice flour market size reached US$ 784 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,023 Million by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.
Rice Flour Market Overview:
Rice flour is a widely used gluten-free flour made from finely ground rice grains. It is a staple ingredient in many culinary traditions, especially Asian cuisine. Rice flour's smooth texture and neutral flavor make it suitable for various applications. It is commonly used as a thickening agent in soups, sauces, and gravies and a primary ingredient in gluten-free baking. Rice flour is prized for its ability to produce light and fluffy textures in baked goods and as a coating for fried foods. It also makes noodles, dumplings, and various sweet treats. With its gluten-free nature and wide range of culinary uses, rice flour has become an essential ingredient for those with dietary restrictions and a popular choice among cooks and professional chefs.
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Rice Flour Market Trends:
The global market is majorly driven by the increasing prevalence of gluten-free diets. In line with this, the rising health consciousness among consumers significantly contributes to the product demand as it has a lower glycemic index and no gluten. Furthermore, the growing product utilization as an ingredient in many Asian and ethnic cuisines is positively influencing the market. Apart from this, the food processing industry utilizes rice flour as an ingredient in various products, such as snacks, bakery items, and baby food, catalyzing the market. Moreover, rice flour is a plant-based ingredient, making it suitable for vegan and plant-based diets. The rise in the number of people adopting these dietary preferences is strengthening the product demand. Additionally, the escalating prevalence of wheat allergies and sensitivities is propelling the market. The globalization of food and the popularity of cross-cultural dishes have expanded the demand for rice flour in various international cuisines, providing a boost to the market.
Key Market Segmentation:
Competitive Landscape with Key Players:
Associated British Foods PLC
Belourthe SA
Caremoli Group
Ebro Foods S.A.
EDME Limited
General Mills Inc.
Ingredion Incorporated
Kroner-Starke GmbH
Shipton Mill Ltd.
Whitworth Bros. Ltd.
Source Insights:
White Rice
Brown Rice
Category Insights:
Organic
Conventional
Type Insights:
Long Grain
Medium and Short Grain
Pregelatinized
Application Insights:
Bakery and Confectionary
Breakfast Cereals and Premixes
Baby Foods
Sweet and Savory Snacks
Others
Sales Channel Insights:
Direct Sales
Indirect Sales
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
Market Performance
Market Outlook
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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