Rice Flour Market Trend Shows a Rapid Growth, Competitive Analysis, Future Prospects And Forecast 2030

The scope of our recent study on the "Rice Flour Market Forecast to 2030 - Global Analysis - by Type, Category, and Applications, and Geography" includes the factors fueling the market growth, revenue estimation, and forecast, market share analysis, and the identification of significant market players and their key developments.

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The rice flour market is expected to grow from US$ 1,100.47 million in 2022 to US$ 1,655.82 million by 2030; it is estimated to register a CAGR of 5.3% from 2023 to 2030. The rice flour market growth can be attributed to a rise in awareness regarding the nutritional benefits of rice flour. The rice flour market is highly competitive, owing to many regional and global players. Players compete based on product quality, product differentiation, and price. Market players are adopting different strategies to stand out as strong competitors.

The rice flour market is segmented into white and brown rice flour based on type. The brown flour segment is expected to register a higher CAGR during the forecast period. Unlike white rice flour, brown rice flour is made from whole-grain brown rice, retaining the bran and germ layers. As a result, brown rice flour contains higher levels of fiber, vitamins, minerals, and antioxidants than white rice flour. Increased awareness about the nutritional benefits of whole grains and the desire for healthier food options drive the demand for brown rice flour. Brown rice is naturally gluten-free and can be used in gluten-free baking and cooking as an alternative to wheat flour.

Additionally, there has been a growing interest in whole foods and minimally processed ingredients as part of a healthy lifestyle. Brown rice flour, a whole grain product, aligns with this trend, and consumers may prefer it as a more nutritious option than refined flour. Also, brown rice flour is free from common allergens such as wheat, soy, dairy, and nuts. This makes it suitable for individuals with multiple food allergies or sensitivities. Furthermore, brown rice flour can be used in various culinary applications, including bakery, cooking, and thickening sauces. It can add a nutty flavor and a denser texture to recipes, enhancing the taste profile of dishes. All these factors are bolstering the brown rice flour market growth.

The global rice flour market is segmented into five central regions: North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. Asia Pacific held the largest revenue share of the global rice flour market in 2022. Major factors driving the rice flour market in the Asia Pacific are the growing influence of Western culture on consumers is influencing their food consumption habits. The young population consumes breakfast and quick meals in the form of bread, cookies, biscuits, pancakes, and other bakery products.

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The report includes the segmentation of the global rice flour market as follows:
The global rice flour market is segmented into type, category, application, and geography. The rice flour market is segmented into white and brown rice flour based on type. The rice flour market is categorized as organic and conventional based on category. Based on application, the market is segmented into bakery and confectionery, beverages, sweet and savory snacks, baby food, breakfast cereals, and others. The global rice flour market is broadly segmented by geography into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North American rice flour market is further segmented into the US, Canada, and Mexico. The Europe rice flour market is sub-segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Asia Pacific, rice flour market, is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The Middle East & Africa market is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. The South & Central America rice flour market is further segmented into Brazil, Argentina, and the Rest of South & Central America.

Rice Flour Market: Competition Landscape
The major players operating in the global rice flour market include PGP International Inc, Ebro Foods SA, Western Foods LLC, Ingredion Inc, CAREMOLI SpA, BELOURTHE SA, Kroner-Starke GmbH, Capitol Food Co, Ardent Mills LLC, Bay State Milling Co, Bob's Red Mill Natural Foods Inc, Gulf Pacific Rice Co Inc, Naturis SpA, Hometown Food Co, Koda Farms Inc, and Archer-Daniels-Midland Co. Players operating in the global rice flour market focus on providing high-quality products to fulfill customer demand. They also focus on strategies such as investments in research and development activities, new product launches, and expanding production capacities.

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