Global Sales of Rice Flour Market Anticipated to Climb Up Steadily and Value to Reach at US$ 1,003.1 Mn by 2025

Recently, Market Research Reports Search Engine (MRRSE) has publicized a fresh study to its massive online repository, with the title of “Rice Flour Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2025”. This is a 331-page broad study which permits the reader to acquire knowledge about the active as well as future market scenario based on drivers, restraints and opportunities. Moreover, the study provides a granular analysis of notable trends and developments, product innovations, and the strategic dynamics in various regions where rice flour consumption is high.

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Globally, rising wheat and gluten sensitivity cases are augmenting preference to rice flour over wheat flour. Rice flour can be used in a wide variety of cooking uses and is a popular base for noodles in several Asian cuisines. Presently, maximum consumption of rice flour is expected to be in bakery and confectionary end-use application. According to the study evaluations, due to the increasing health concerns among people and necessity for a gluten-free diet, the demand for rice flour has grown expressively.

Forecast Highlights

Analysts have quantified that the global sales of rice flour reached a value worth US$ 712.9 Mn in 2017, which is further estimated to bring in US$ 1,003.1 million revenue by 2025 end. At this pace, the market is expected to thrive at a modest CAGR of 4.4% over the forecast period.

In this study, readers can access the executive summary covering opportunity assessment. The market overview section talks about the market size and forecast (2017-2025), Y-o-Y growth and manufacturing sector outlook. Based on geographical spread, the market for rice flour is divided into North America, Latin America, Japan, Europe, Asia Pacific Excluding Japan and Middle East & Africa. Each of these regions is analyzed on the basis of revenue comparison (US$ Mn) and market size till 2025. Through the graphical analysis, the report examines that the market for rice flour in Asia Pacific region is anticipated to dominate the over other regional markets in terms of both value and volume in near future.

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Furthermore, the study explains opportunities present for manufacturers in the market by segmenting it on the basis of source, type, origin, and application. By source, white rice and brown rice are the major segments. Out of these two, brown rice segment is foreseen to witness higher adoption over 2017-2025.

By type, it covers long grain, medium & short grain, and pre-gelatinized. Furthermore, by origin, the global rice flour market is categorized into organic and conventional. By application, the market is segmented as bakery & confectionery, breakfast solutions, baby food, and others.

Competitive Landscape

Finally, the report profiles the major players from the rice flour market and some of them are Ebro Foods, S.A., Ingredion Incorporated, Shipton Mill Ltd., Archer-Daniels Midland Co., KRÖNER-STÄRKE GmbH, Wilmar International Limited, General Mills, Inc., Associated British Foods PLC, Caremoli Group, and EDME Food Ingredients Limited. It has been estimated that due to wide demand from the bakery application, rice flour manufacturers are thus anticipated to capture immense growth opportunities.

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This release was published on openPR.