Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Rice Flour Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Rice Flour Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Rice
Flour Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Rice Flour Market is offered. In accordance with the report, the global
Rice Flour Market is projected to
expand by healthy CAGR of 3.54% over the period of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
Rice
Flour is made by grinding polished broken rice into a fine powder. These flours
are whiter than wheat or rye flours and contains high carbohydrate of which 80%
is starch and has no protein or fat in it. It usually has no minerals or
vitamins as it is made from polished rice grains. Rice Flour is highly
recommended to the people who have low gluten tolerance. But it can be quite
harmful for the people with diabetes, heart disease and obesity.
Market Drivers
The
rising concerns to live a healthy lifestyle and eat a healthy gluten-free diet
are main drivers behind the rapid market growth of the Rice Flour sector. The
deadly celiac sickness caused by food grains like rye, wheats and
unavailability of the cure for the said sickness are playing a very big role in
the increasing demand for products made of rice flours and thus expanding the
Rice Flour Market.
The
expanding food sector specially bakery, confectionary, sweets and desserts
sectors are causing the growth rate for Rice Flour to rise high.
Beside
this, growing population and rising per capita income are also some of the key
players behind the rapid growth of the Rice Flour Market.
Aside
from these, the rising government subsidies to the rice farmers for more
production of rice and increase in foreign investments in the said sector are
also adding fuel to this increasing market growth.
The
regular introduction of different and brand-new types of Rice Flour with better
taste, more nutrients and fibers and in different price range to satisfy the
varying tastes and consumption abilities of the customers is also attracting
new consumers and thus helping the growth rate of Rice Flour Market to rise
high. The convenience and efficiency of Rice Flour is also helping in the
expansion of the said market.
Market Restraints
The Rice Flour Market has a huge potential. Though it is expanding very fast
day by day, many things are preventing it from using its full potential. Some
of these restraints are–
? High
prices of the natural raw materials due to unpredictable production quantity.
? High transportation and import cost, high
tariff.
? High cost of R&D activities.
? High cost of the premium quality end products.
? Contains high carbohydrates and no protein
value.
? Harmful
for patients with diabetes and heart disease.
? Availability of substitutes such as wheat
flours in low cost.
? Unavailability of these products in many
regions.
? Lack of awareness about the availability and
benefits of the Rice Flours in the
developing countries.
Opportunities
The Rice Flour Market growth is mainly based on the
consumption of these products usage in food sectors. Natural Rice Flours are
very famous these days as it is made from naturally cultivated rice grains
which are free of pesticides and other chemical substances. These rice flours
are very high in fibers and good for health but it is more costly compared to
the artificial rice flours.
Trends
During
the forecast period, Asia Pacific followed by Europe and North America are
expected to have the largest share of Rice Flour Market. The demand for these products
in the Asia Pacific region specially in China, India, Japan, Thailand etc. is
driven by its growing food and bakery sectors and
population and rising disposable income among individuals. Rising concerns over
the healthy life styles and high appeal towards confectionary and rice products
are also driving the growth. It is also believed that on the basis of product type, the brown
rice flour segments will have the largest share for its high nutritious value,
high demand among today’s health concerned individuals and efficiency and
convenience. The Rice Noodles and Bakery and Bread Markets are also expected to
rise significantly in the said time for its rising demand.
Segment Covered:
This market
intelligence report on the global Rice Flour Market encompasses market segments based on source, product type,
grain type, production technology, application, end usage, distributional
channel and country.
By Source
the global Rice Flour Market has been divided into:
q Brown
Rice
q White
Rice
By Product
Type the global Rice Flour Market has been
divided into:
q Rice
Flour
q Brown Rice
Flour
q Glutinous
Rice Flour
q Others
By
Grain Type the global Rice Flour Market has been
divided into:
q Long
Grains
q Medium
and Short Grains
q Pregelatinized
By
Production Technology Type the global Rice Flour Market has been divided
into:
q Natural
Rice Flour
q Artificial
Rice Flour
By Application
the global Rice Flour Market has been divided into:
q Rice
Noodle
q Rice
Pasta
q Bakery
and Bread Products
q Snacks
q Sweets
and Desserts
q Pet
Food
q Thickening
Agent
q Non-food
o Bioplastics
o Glue
o Biomaterials
o Others
q Others
By End
Usage the global Rice Flour Market has been
divided into:
q Personal
q Commercial
By Distributional
Channel the global Rice Flour Market has been
divided into:
q Supermarkets
and Hypermarkets
q Online
q Others
By country/region,
the global Rice Flour Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q Koda Farms
q ConAgra Foods, Inc.
q Thai Flour Industry
q Rose Brands
q Ardent Mills Canada
q Burapa Prosper
q Lieng Tong
q Associated British Foods
PLC
q General Mills Inc.
q Archer Daniels Midland
Company
q Pornkamon Rice Flour Mills
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Rice Flour Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
Ardent Mills Canada
Ardent Mills, the leading flour supplier and grain innovator
of North America is dominating the world market for Rice Flour with more than
35 community flour mills producing the broadest range of premium multi-use
flours, whole grains, mixes and custom multi-grain blends. The company has been
innovating new types of rice flours to satisfy all types of consumers. They
have signed a partnership with Colorado Quinoa few years ago to clean, mill and
market the quinoa grown in Colorado’s San Luis Valley and also invested in its
Denver River North Art District mill to add capability to clean and pack intact
grains. The company has further expanded its grain portfolio with the
acquisition of Andean Natural’s quinoa operations in Yuba City, California to
produce more gluten-free rice flours.
Burapa Prosper
Burapa Prosper located in Chonburi,
Thailand is one of the leading Rice Flour Production Company in the entire
world has been producing and performing R&D on different types of rice
floors with the help of the NEA subsidy in association with the Larive
International.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Rice Flour Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019
as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Rice Flour Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of different type of models,
government initiatives, marketing tactics and expansion, and technical up
gradation
Ø
The world
market for Rice Flour caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Rice
Flour Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Rice Flour Market
v
Identification
of key factors driving investment opportunities in the Rice Flour Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants