08-Sep-2020 | Facts and Factors
Findings from Facts and Factors report “Rice Flour Market By Type (Non-glutinous Rice Flour, Glutinous Rice Flour, Organic Non-glutinous Rice Flour, and Organic Glutinous Rice Flour), By Application (Rice Noodle and Rice Pasta, Sweets and Desserts, Snacks, Bread, Thickening Agent, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global rice flour market in 2019 was approximately USD 2,000.00 Million. The market is expected to grow at a CAGR of around 4.0% and is anticipated to reach around USD 2,700.00 Million by 2026.
Rice flour is prepared from finely crushed rice. It is distinctive from rice thickener, which is typically formed by immersing rice in lye. Rice flour is nutritive and is broadly used to make fresh rice noodles as well as sweets. It is also utilized in several other applications, including condensing coconut milk to reach a creamy and smooth consistency. Rice flour is obtained from white rice and brown rice. Rice flour is also used as a thickening agent in recipes that are frozen or refrigerated meanwhile it stops liquid separation. Rice flour is a mostly good alternative for wheat flour, reasons for irritation in the digestive systems of persons who are gluten-intolerant.
Browse the full “Rice Flour Market By Type (Non-glutinous Rice Flour, Glutinous Rice Flour, Organic Non-glutinous Rice Flour, and Organic Glutinous Rice Flour), By Application (Rice Noodle and Rice Pasta, Sweets and Desserts, Snacks, Bread, Thickening Agent, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” https://www.fnfresearch.com/rice-flour-market-by-type-non-glutinous-rice-1286
Increasing awareness about gluten-free products is one of the most key factors driving the growth of the global rice flour market. The global rice flour market is expected to grow owing to the in-demand by increasing awareness for organic and natural foods, which are associated with health benefits by consumptions. It has driven the shift in the inclination for food in daily nourishments by customers. It has elevated the demand for rice flours and an extensive focus on research and development by key players. The growing number of the manufacturing sector is anticipated to witness significant growth in the global rice flour market within the forecast period. The price volatility of Rice Flours due to climate changes in undeveloped nations may hamper the market’s growth. Research and development, innovations activities in the technology of the Rice Flour and increased investment in rice flour products are anticipated to open new avenues for the rice flour market in the near future.
The global rice flour market is mainly bifurcated into product, application, and region. On the basis of product, the global rice flour market is segmented as glutinous rice flour, non-glutinous rice flour, organic non-glutinous rice flour, and organic glutinous rice flour. Among which the non-glutinous rice flour segment was accounted for the major revenue share in the global rice flour market. The invention in the non-glutinous rice flour in past years is expected to positively impact segment growth. The diesel engine power segment was accounted for more than 60.0% of the global rice flour industries, in 2019.
On the basis of application, the global rice flour market is categorized into sweets and desserts, rice noodles and rice pasta, bread, snacks, thickening agent, and others. Among the above-mentioned segment, the rice noodle and rice pasta were accounted for more than 30.0% revenue share in 2019. The growing demand for rice noodles and pasta is attributed to increased demand for the gluten-free product by consumers. In addition, research and development, innovative product launch, improved taste and versatility, and high levels of marketing support are driving the rice noodle and pasta demand. The growth in the rice noodles and pasta segment in the past few years has increased the demand for rice flours.
On the basis of region the rice flour market is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2019, the European region dominates the rice flour market among all the regions followed by the Asia Pacific in terms of value.
Some of the key players operating in the market include Thai Flour Industry Company Limited, Burapa Prosper Co., Ltd., Koda Farms, Inc., Cho Heng Rice Vermicelli Factory Co., Ltd., Lien tong Rice Vermicelli, Ti Foods, Pornkamon Rice Flour Mills Co. Ltd., Bob's Red Mill Natural Foods, Inc., Archer-Daniels-Midland Company, and Hok Seng Rice Flour Co., Ltd., among others.
This report segments the global rice flour market as follows:
Global Rice Flour Market: Product Analysis
- Non-glutinous Rice Flour
- Glutinous Rice Flour
- Organic Non-glutinous Rice Flour
- Organic Glutinous Rice Flour
Global Rice Flour Market: Application Analysis
- Rice Noodle and Rice Pasta
- Sweets and Desserts
- Thickening Agent
Global Rice Flour Market: Regional Analysis
- North America
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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