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Global Rice Flour Market – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global Rice Flour Market

 

By Product Type (White Rice Flour, Brown Rice Flour, Glutinous Rice Flour, Others), By Application (Bakery Products, Baby Foods, Sauces and Dressings, Meat Products, Household, Others), By Distribution Channel (Supermarkets and Hypermarkets, Departmental Stores, Online Stores, Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

 

Global rice flour market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2024.

 

Market Outline:

Rice flour is produced from finely processed rice. Rice flour is great substitute for wheat flour which causes issues in the digestive system of the individuals who are intolerance to gluten. Rice flour is completely different to rice starch, which is typically derived by soaking rice in lye. Rice flour might be produced using either brown rice or white rice. For the making of flour, the husk of rice or paddy is expelled and crude rice is gotten, which is then processed to flour.

 

Market Dynamics:

Rise in healthcare preferences among the people coupled with increase in the demand for gluten-free products due to grow in number of gluten intolerance persons are anticipated to propel the global rice flour market. Moreover, rise in usage of white rice flour in flour-based products, change in lifestyle, grow in demand for ready-to-eat food products and bakery products, and rise in disposable income are anticipated to surge the global rice flour market over the forecast years. However, fluctuations in the cost of grains owing to climatic changes, surge in the cost of fertilizers and chemicals result to rise in the cost of crops, less number of experts for processing, and high cost of transportation are restrain the growth of global rice flour market.

 

Market Scope: Global Rice Flour Market

Global rice flour market is segmented based on product type, application, and distribution channel

Based on product type, market is segmented into the following:

  • White Rice Flour
  • Brown Rice Flour
  • Glutinous Rice Flour
  • Others

Based on the application, market is segmented into the following:

  • Bakery Products
  • Baby Foods
  • Sauces and Dressings
  • Meat Products
  • Household
  • Others

Based on the distribution channel, the market is segmented into the following:

  • Supermarkets and Hypermarkets
  • Departmental Stores
  • Online Stores
  • Others

 

Regional Analysis: Global Rice Flour Market

Geographically, global rice flour market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America rice flour market is poised to grow due to rise in preference for health concerns among the population, grow in consumption of processed foods and bakery products, and surge in disposable income are fuel the market. Europe rice flour market is driving by rise in preference for gluten-free food products, increase in the production of rice crops, and change in lifestyle results to shift towards the processed food are bolster the market. Asia Pacific rice flour market has prominent share attributed to increase in the production of white rice in China and India, increase in the production of rice flour and rise in population in Asia Pacific region are enhance the revenue of market

 

Competition Assessment: Global Rice Flour Market

Some of the players in the global rice flour market include:

  • Archer Daniels Midland Company (U.S.)
  • Ebro Food S.A. (Spain)
  • General mills, Inc. (U.S.)
  • Bunge Ltd. (U.S.)
  • Associated British Foods plc (UK)
  • Belourthe SA (Belgium)
  • Whitworth Bros. Ltd. (UK)
  • The Soufflet Group (France)
  • Ingredion Inc. (U.S.)
  • Wilmar International Ltd. (Singapore)
  • Ardent Mills Canada (Canada)

Notable Market Developments: Global Rice Flour Market

  • In March 2017, Ingredion Inc. acquired Sun Flour Industry Co. ltd. to diverse its rice starch and flour business in Thailand
  • Archer Daniels Midland Company (U.S.)
  • Ebro Food S.A. (Spain)
  • General mills, Inc. (U.S.)
  • Bunge Ltd. (U.S.)
  • Associated British Foods plc (UK)
  • Belourthe SA (Belgium)
  • Whitworth Bros. Ltd. (UK)
  • The Soufflet Group (France)
  • Ingredion Inc. (U.S.)
  • Wilmar International Ltd. (Singapore)
  • Ardent Mills Canada (Canada)

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