Press release
Rice Flour Market to Reach USD 2.16 Billion by 2032, Growing at 6.1% CAGR - Gluten-Free Industry Forecast
Rice Flour Market
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♦ Key HighlightsaMarket Size:
Market Size & CAGR: USD 1.34 Billion in 2024; CAGR of 6.1% (2025-2032)
Leading Application: Gluten-free food products and bakery ingredients
Fastest-Growing/Largest Region: Asia-Pacific, led by Thailand, India, and Vietnam
Key Drivers: Health-conscious diets, gluten-free trend, rising disposable incomes, popularity of Asian cuisine
Top Companies: Thai Flour Industry Co., Ltd., General Mills, Kellogg Company, The Hain Celestial Group, Schär
♦ Market Outlook
Rice flour, made from finely ground rice grains, is widely used as a gluten-free alternative in various food products including baked goods, soups, and sauces. Its growing application in cosmetics, pharmaceuticals, and adhesives further contributes to market expansion. Volatility in rice grain prices remains a challenge, affecting production costs and supply consistency.
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♦ Regional Insights
Asia-Pacific dominates due to strong rice cultivation and processing capacities. North America and Europe are witnessing robust growth driven by increased awareness of celiac disease and gluten intolerance, alongside expanding gluten-free product offerings. China remains the largest consumer and producer, with annual production exceeding 12 million metric tons.
♦ Key Players & Competitive Landscape
Leading players are investing in product innovation and portfolio expansion to meet growing demand. Companies such as Thai Flour Industry Co., Ltd., General Mills, Kellogg, and Schär are strategically enhancing their market presence in both food and non-food applications.
♦ Quote
"Growing health awareness and the rising adoption of gluten-free diets worldwide present significant opportunities for the rice flour market," said Ananya Mehta, Senior Analyst at Maximize Market Research. "Companies focusing on innovation and sustainable production are likely to gain a competitive edge."
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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