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Global Rice Flour Market: By Source ( White rice, Brown rice) By Type (Long grain, Medium & short grain, Pregelatinized) By Origin (Organic, Conventional) By Origin (Bakery & Confectionary, Breakfast solutions, Baby Food, Others) By Method (Direct, Indirect) Growth, Future Prospects & Competitive Analysis, 2018 – 2026

What is Rice Flour's Global Consumption?

China's rice flour consumption increased globally to more than 148 500 metric tonnes in 2021, and it is anticipated to experience rapid expansion in the coming years. As a result, China led the Asia Pacific region in 2021 in terms of market consumption. The demand for white rice flour and other gluten-free flour is rising as rice flour becomes a more common gluten-free ingredient in a wide range of flour-based goods. In addition, baked products and snack foods are becoming more popular as the consumer base expands daily, and individuals adopt healthier, better, simple-to-cook, and ready-to-eat meals to match their busy schedules. As a result, producers of white rice flour are anticipated to seize significant growth prospects in the near future.

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What is the Market Size of Rice Flour in terms of value?

The market for rice flour is expected to grow significantly over the next few years, with a CAGR of 4.30 percent. The market for rice flour worldwide was estimated to be worth USD 692.7 million in 2021 and is anticipated to grow to USD 891.7 million by 2028. The demand for rice flour is expected to rise significantly over the coming years. It is anticipated to create revenue opportunities for the major market participants worth USD 199.06 million between 2022 and 2028.

How are rice flour prices trending?

Since July 2017, when the price of a bushel of rice flour was roughly USD 539.25, it has climbed significantly over the past five years, rising to USD 287.25 in July 2022. This is mainly because there is a high demand for rice flour worldwide and a limited supply. The rice flour market is expanding due to rising disposable income and growing consumer awareness of nutrient-dense foods. Allantoin, ferulic acid, and para aminobenzoic acid are all found in rice. Para-aminobenzoic acid is used to make body sunscreen. Rice flour is also utilized as a toner and skin brightener in skin care products. Demand is also being fueled by an increase in the consumption of vegan and gluten-free foods. 

Facts Worth Knowing About the Rice Flour Industry

  • The top 5 exporters of rice flour are Germany, the United States, India, China, and the United Kingdom. 
  • The top 5 countries importing rice flour are Ghana, Mexico, Argentina, Chile, and Chile.
  • Sales of baked products and snack foods are increasing due to rising consumer demand for improved, ready-to-eat, easy-to-cook foods, among other things. 
  • The unpredictable grain prices brought on by climate change are one of the main obstacles to expanding the global rice flour market. Other issues are anticipated to do the same over the projection period. 
  • In terms of volume and value, the Asia Pacific region dominated the world market for rice flour in 2021, and it is anticipated that this dominance will last during the forecast period.
  • The global consumer demand for organic products will cause White Rice Flour to rise rapidly during the forecast period.

Who are the top ten players and businesses in the market for rice flour in terms of volume and value?

The key players in the global Rice Flour market in value and volume include General Mills, Inc., Archer-Daniels-Midland Co., Caremoli Group KRÖNER-STÄRKE GmbH, Bressmer & Francke (Gmbh & Co.) KG, Associated British Foods PLC, Whitworth Bros. Ltd., Shipton Mill Ltd., Belourthe SA, Bunge Ltd., The Soufflet Group, Ebro Foods, S.A., and EDME Food Ingredients Limited. To increase their Rice Flour production and capture a competitive market share on a global scale, these prominent companies are concentrating on new product development as well as technological innovation. In addition, certain regional and national players are making significant investments to diversify their product lines and boost sales. For instance, Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), which sells goods under the Amul brand, joined the organic whole wheat flour market in May 2022. It also has ambitions to increase the scope of its product line by adding organic rice and pulses. The two pack sizes of Amul organic wheat flour will be sold in Amul Parlors and other significant retail locations.

Which are the Top 10 Countries in the Rice Flour Market?

The major countries in the global Rice Flour market are China, the U.S., Canada, Germany, France, the U.K., Mexico, India, Germany, and UAE. The largest producer and consumer of rice flour is China. Additionally, the industry in developed countries is primarily driven by rapid urbanization and a rise in the popularity of convenience foods, which has led to a growth in the number of quick-service restaurants and fast-food outlets in these nations. 

Which is the Major Origin Area in the Rice Flour Market?

The key applications of Rice Flour include bakery & confectionary, breakfast solutions, baby food, and others. The demand for rice flour has increased due to bakeries and producers of ready-to-eat foods increasing their demand for healthier flour. This is because more and more health-conscious customers demand nutritious flour substitutes in the doughs for pizza, hamburgers, and other fast foods. In the United States, wheat is grown in 42 states and is the third-largest crop in production, value, and acreage, behind only maize and soybeans. During the 2018/2019 growing season, farmers in the United States produced an estimated 1.884 billion bushels of wheat on 47.8 million acres of cropland. Fresh rice noodles and desserts are frequently made with rice flour, a nutrient-rich component. In addition to these uses, it can also be used to thicken coconut milk to become smooth and creamy. Rice or paddy is stripped of its husk to get crude rice, which is then turned into flour.

What are the Major Dynamics Factors for Rice Flour Market?

The demand for improved, simple-to-cook dishes and healthier, ready-to-eat foods is driving up sales of baked products and snack foods. Additionally, customers' busy lifestyles worldwide are leading to an increase in the popularity of baked goods and other portable products. As a result, rice flour is preferred over other flour by the developing baking sector, which is anticipated to offer flour producers a wide range of opportunities in the near future. The introduction and expanding popularity of gluten-free food items has advantageous suppliers in the worldwide rice flour market. It is anticipated that the rice flour market will grow due to the increasing usage of rice flour in bakeries and processed foods. Prospects are also being boosted by increasing customer preference for and propensity toward organic products. The organic sector of the rice flour market is anticipated to expand as consumers become more aware of the advantages of organic products.

What are the Major Hindrance for Rice Flour Market?

The unpredictability of grain prices as a result of climate change is one of the primary obstacles to the growth of the global rice flour industry and is anticipated to be a significant limitation on the market expansion. Plants are significantly impacted by seasonal changes and climate variability, which lower agricultural yields in various regions and result in variations in production costs and prices. The cost of varying energy, chemicals, and fertilizers also affects agricultural prices. The market is constrained by the use of replacement goods like wheat flour and the climate's unsuitability for rice farming. In contrast, the market for rice flour is experiencing a lot of growth potential due to investments in packaging and improved distribution routes. 

Which Region Holds the World Rice Flour Market?

Due to rising consumer reliance on rice flour as basic food, APAC is anticipated to account for a sizeable portion of the market. In addition, it is anticipated that the rice flour market in Australia and New Zealand (ANZ) will grow quickly. In Southeast Asia, Japan, and India, rice flour is a frequently used ingredient. Foods like egg-roll wrappers, rice cake and dumplings, rice noodles, and edible rice paper are popular in Southeast Asian nations. Fast-food establishments and quick-service restaurants that provide these items have increased in number in these countries due to rapid urbanization and a growing penchant for convenience foods.

Additionally, during the projected period, the growing use of rice flour as a thickening component in baked items is anticipated to support regional market expansion. Due to rising health awareness among consumers, increasing consumption of processed meals and bakery goods, and rising disposable income, the market for rice flour in North America is predicted to grow. On the other hand, increasing the demand for gluten-free food items, increasing rice production, and shifting lifestyle toward processed meals are driving the market for rice flour in Europe.

Segmentation of Global Rice Flour Market-

Global Rice Flour Market – By Source

  • White rice
  • Brown rice

 Global Rice Flour Market – By Type

  • Long grain
  • Medium & short grain
  • Pregelatinized

Global Rice Flour Market – By Origin

  • Organic
  • Conventional

 Global Rice Flour Market – By Origin

  • Bakery & Confectionary
  • Breakfast solutions
  • Baby Food
  • Others

Global Rice Flour Market – By Method

  • Direct
  • Indirect

Frequently asked questions about the market

Asia Pacific accounted for the highest share in the global Rice Flour market in terms of value and volume.

Demand for rice flour has increased due to increased demand for healthy flour from bakeries, ready-to-eat food manufacturers, and others are the major factors driving the market's growth.

White Rice Flour had a major share in 2021 with more than 40% of the market revenue share.

Bakery & Confectionary industry had a major share in the global market in 2021.

Rice Flour Market Scope

Report Attribute Details
Market Value in 2021 USD 692.7 million
Market Value in 2028 USD 891.7 million
CAGR 4.30%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
Choose License Type
Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Jul 2022
Category:  Food & Beverage
Report ID:   59168
Report Format:   PDF
Pages:   190
Rating:    4.9 (70)
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