Rice flour market is projected to reach USD 1090.7 Million by 2030 at a 7.5% CAGR over the forecast period.
The rice grains are ground into a coarse or fine powder to make rice flour. Since rice flour does not contain gluten, it is frequently used as a wheat flour alternative. Rice flour is often used as a thickening agent for soups, sauces, and gravies. Choline is found in rice flour and is required to keep the membranes' key components in good working order. Rice flour market research is used in the manufacturing of rice noodles, baked products, and sweets, and the worldwide rice flour market is expected to grow in the future.
Individuals’ preference for rice flour against wheat flour is growing due to an increase in wheat and gluten sensitivity instances around the world, which is propelling the rice flour industry's expansion. In addition, the rising usage of white rice flour as a gluten-free ingredient in a range of flour-based goods is driving up the need for rice flour as well as other gluten-free flours.
Market Segmentation
The Rice Flour Market has been divided into three categories: source, category, as well as application.
The global market has been divided into two categories: white rice and brown rice, according to the source.
The global market also has been divided into conventional and organic segments based on category.
The global market is divided into bakery & confectionary, infant foods, morning cereals & premixes, sweet & savory snacks, and many others based on application.
North America, Asia-Pacific, Europe, and the Rest of the World were analyzed as part of the global market (RoW).
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Regional Classification
Due to the rising popularity of gluten-free diets, Asia Pacific is likely to lead the rice flour market over the forecast period. Gluten intolerance and celiac disease are on the rise in Australia and Japan, which is driving the global market within the Asia Pacific forward. Because of increased demand for bakery applications, North America is likely to hold a substantial share of the global rice flour market. The United States and Canada are the two largest contributors to the North American market's expansion. During the projection period, the industry in Europe is expected to grow at a significant rate, with Germany and the United Kingdom being the region's major country-level markets for rice flour.
Rice flour's use in a variety of meals is expected to boost market expansion in the rest of the globe.
The rice flour market overview has experienced steady growth in recent years, driven by its versatile applications and increasing consumer demand for gluten-free and alternative grain-based products. With a rise in health-conscious consumers, rice flour has gained popularity as a nutritious and hypoallergenic ingredient for various culinary purposes, including baking, cooking, and as a thickening agent. Additionally, the market has seen innovations in rice flour processing techniques and packaging, enhancing its shelf life and convenience for consumers. As dietary preferences continue to evolve, the rice flour market is poised for further expansion and diversification in the food and beverage industry.
Industry News
Baked goods plus snack food sales are being driven by an increased need for healthier, improved, easy-to-cook, plus ready-to-eat items. Furthermore, customers' busy lifestyles are popularizing baked goods as well as other products which may be consumed on the go all over the world. As a consequence, the growing baking industry chooses rice flour above other flours, opening up a slew of new prospects for flour producers in the coming years.
Vendors in the global rice flour industry have benefited from the introduction and increasing awareness of gluten-free food products. Because of the extensive use of traditional rice flour within bakeries and processed foods, possibilities in the rice flour industry are likely to grow. Additionally, increased customer demand and preference toward organic items are enhancing the chances. Because consumers have become more aware of the advantages of organic products, the organic segment of the rice flour market is predicted to develop.
Key Players are:
EDME Food Ingredients Limited (UK), Belourthe SA (Belgium), Shipton Mill Ltd. (UK), The Soufflet Group (France), Whitworth Bros. Ltd. (UK), Bunge Ltd. (US)
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