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Rice Flour Industry Value to Stood at US$ 727 Million in 2018, finds Bekryl

12-07-2018 01:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Bekryl Market Analysts

BEKRYL MARKET INTELLIGENCE REPORT | RICE FLOUR INDUSTRY ANALYSIS

BEKRYL MARKET INTELLIGENCE REPORT | RICE FLOUR INDUSTRY ANALYSIS

According to recently released market intelligence report by Bekryl, Worldwide Rice Flour Market value stood at USD 727 million in 2018. It is largely seen as good substitutes to wheat flour owing to their gluten free characteristics. Also it is widely recognized as a thickening agent. consumption of rice flour has increased not only in developing regions but also developed economies. There are many players operational in the segment, majority of which have local presence and operates through lower workforce. These companies primarily operates on regional level and meets the consumer demand locally. Leading companies are primarily emphasizing on well distribution networks and pricing differentiation. The competition will increase with rise in demand.
South East Asia to Dominate the Global Consumption of Rice Flour
The report states that sales will be high in ASEAN, China and Indian subcontinent. 67% of global sales is concentrated in these regions. The region is characterized by presence of large number of midsize companies having their local presence. Furthermore, good supply is also seen as major driver to overall demand for rice flour in the region. The region dominates the global production along with global consumption.
Western Europe is another key region for rice flour industry players. NORDIC and BENELUX registered highest consumption of rice flour in 2017. The trend is likely to be seen in 2018 and 2019.
Rice Flour Industry Trends: https://bekryl.com/industry-trends/rice-flour-market-share-analysis
Oat Flour Industry Trends: https://bekryl.com/industry-trends/oat-flour-market-share-analysis

Some key players are:
Firebird Mills
Aryan International
Bob’s Red Mill Natural Foods
BENEO GmbH
Shipton Mill
NUTRISEED
Hain Celestial Group
PP FOODS
La Milanaise

About Bekryl

Bekryl Market Analysts is a global market research and consulting service firm that helps industry stakeholders to take smarter decisions and achieve remarkable growth in today’s disruptive business environment. We bring together data, leader’s opinion and analytical service to help client define their growth strategy ranging from mergers and acquisitions based strategic decisions to finding market opportunity in business verticals namely chemicals, food & beverages, automotive, electronics and industrial production.

Media Contact
Company Name: Bekryl Market Analysts
Contact Person: Burke B.
Email: Send Email
Phone: +1 347 752 5777
Address:99 Wall Street Suite 622
City: New York
State: New York
Country: United States

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