Rice Flour Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

According to the report published by Facts & Factors, the global rice flour market size was worth around USD 2000 million in 2019 and is predicted to grow around USD 2700 million by 2026 with a compound annual growth rate (CAGR) of roughly 4% between 2020 and 2026. The report analyzes the global Rice Flour market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Rice Flour market.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the rice flour market. The report analyzes and declares the historical and current trends analysis of the rice flour industry and subsequently recommends the projected trends anticipated to be observed in the rice flour market during the upcoming years.

The rice flour market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire rice flour market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) and volume (Kilotons) from FY 2016 – 2026.

Key Insights from Primary Research

• As per our primary respondents, the China rice flour market is set to grow annually at a rate of around 5.0%
• It was established through primary research that the China rice flour market was valued at more than USD 400.00 million in 2019
• The increasing awareness about gluten-free products in China is supposed to display the highest growth in the regional market as it is one of the developed economies.
• Innovation in rice flour is supposed to fuel market growth. Companies are supposed to invest in R&D to innovate better products. Product invention will open new opportunities for rice flour and thus is expected to propel the industry demand in the upcoming years.
• The “Non-glutinous Rice Flour” category, on the basis of type segmentation, was the leading revenue-generating category accounting for around 40.0% share, in 2019.
• The “Field Emergency” category, on the basis of application segmentation, was the leading revenue-generating category accounting for more than 40.0% share, in 2019.

Key Recommendations from Analysts

• The increasing intake of rice flour, changing lifestyle, growing disposable income, and swing in the taste favorites of customers, in the various countries across the globe, is increasing the demand for the rice flour segment. There is a huge demand for rice flour in developing regions such as the Asia Pacific, which is driving the oil and gas industry in the regions.
• Europe region is anticipated to a larger share of the rice flour market in the upcoming years.
• China's rice flour market is anticipated to rise at the highest rate between 2020 and 2026.
• Growing at a CAGR around 5.0%, China rice flour market offers several opportunities for all of the involved investors crosswise the entire value chain
• Our analysts have identified “Non-glutinous Rice Flour”, and “Rice Noodles and Rice Pasta” categories as the leading investment pockets for the rice flour market in terms of type and application segmentation respectively.

Global Rice flour Market Revenue Share In 2019– By Application

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the rice flour industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the rice flour industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the rice flour market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the rice flour industry. The rice flour market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the rice flour sector. Key strategic developments in the rice flour market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the rice flour market are appropriately highlighted in the report.

The global rice flour market is experiencing significant growth that is expected to continue over the upcoming years. A massive rise in the demand for rice flour in food industry sectors is likely to act as a key driver of the global rice flour market.

Report Scope

Regional Overview: 

The rice flour market research report delivers an acute valuation and taxonomy of the rice flour industry by practically splitting the market on the basis of a different types, and applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

The regional segmentation of the rice flour industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the rice flour industry is provided for the leading economies of the world.

The rice flour market is segmented based on type, and application. On the basis of type segmentation, the market is classified into gasoline engine power, diesel engine power, electric motor power, and others. In terms of application segmentation, the market is bifurcated into Rice Noodle and Rice Pasta, Sweets and Desserts, Snacks, Bread, Thickening Agent, and Others.

Some of the essential players operating in the rice flour market, but not restricted 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
•  Hok Seng Rice Flour Co. Ltd

The taxonomy of the rice flour industry by its scope and segmentation is as follows:

By Product Analysis

• Non-glutinous Rice Flour
• Glutinous Rice Flour
• Organic Non-glutinous Rice Flour
• Organic Glutinous Rice Flour

 By Application Analysis

• Rice Noodle and Rice Pasta
• Sweets and Desserts
• Snacks
• Bread
• Thickening Agent
• Others

 By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa