According to IMARC Group's latest research report, titled “Rice Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on rice flour market share. The report also includes competitor and regional analysis, and contemporary 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 versatile and gluten-free culinary ingredient made by finely milling rice grains into a powder. This staple in many cuisines is renowned for its diverse applications. It serves as a fundamental component in gluten-free baking, where it imparts a light texture and mild flavor to various recipes. Additionally, rice flour is commonly used in Asian cuisines for thickening sauces, coating foods before frying, or as a base for rice noodles and rice-based snacks. Its neutral taste makes it adaptable to both sweet and savory dishes. With variations such as white rice flour and brown rice flour, this ingredient caters to a range of dietary preferences, making it an essential pantry item for those seeking gluten alternatives or exploring international cuisines.
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Rice Flour Market Trends:
The global market is majorly driven by the increasing prevalence of gluten intolerance and celiac disease. As awareness of gluten-related issues grows, consumers seek versatile substitutes, boosting the market for rice flour. Furthermore, the rising demand for ethnic and international cuisines also propels market growth. Rice flour's integral role in Asian, Middle Eastern, and Latin American cuisines, where it is used in a variety of dishes, contributes to its increased consumption worldwide. The globalization of food preferences and the growing popularity of diverse culinary experiences accentuate this trend. Moreover, health-conscious consumer trends further drive the market.
Rice flour is often perceived as a healthier alternative to wheat flour, particularly due to its gluten-free nature. As consumers prioritize cleaner labels and nutritional transparency, rice flour becomes a preferred choice in various recipes. Besides, the expanding market for gluten-free baked goods plays a pivotal role. With an increasing number of individuals adopting gluten-free diets for health or lifestyle reasons, rice flour has become a key ingredient in baking applications, ranging from bread and cakes to cookies and pastries. Additionally, the versatility of rice flour in both sweet and savory applications contributes to its widespread adoption. Its use in traditional dishes, gluten-free products, and innovative culinary creations underscores its adaptability, appealing to a broad consumer base.
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.
Key Market Segmentation:
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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