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According to our LPI (LP Information) latest study, the global Rice Starch market size was valued at US$ 230.4 million in 2023. With growing demand in downstream market, the Rice Starch is forecast to a readjusted size of US$ 309.7 million by 2030 with a CAGR of 4.3% during review period.
The research report highlights the growth potential of the global Rice Starch market. Rice Starch are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Rice Starch. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Rice Starch market.
Rice starch is a type of starch that is extracted from rice grains. It is a carbohydrate-based powder that consists of small granules. Starch is the primary energy storage molecule in plants, and it serves as a source of nutrition for humans as well.
Rice starch is obtained by processing rice grains, typically by washing, grinding, and separating the starch from other components such as protein, fiber, and fats. The resulting starch is a white, odorless, and tasteless powder.
Rice starch is characterized by very small granules in the range of 2-8 ?m, being much smaller than those of other cereals, tubers and roots, such as corn and potato. Its granule size is comparable to the size of fat globules, therefore ideally suited to mimic a full bodied fatty mouthfeel. It provides creamy textures and can serve as natural fat replacer.
Global 5 largest manufacturers of Rice Starch are BENEO, Ingredion, Bangkok Starch, Anhui Shunxinyuan and Thai Wah, which make up over 65%. Among them, BENEO is the leader with about 31% market share.
Asia Pacific is the largest market, with a share about 50%, followed by North America and Europe, with the share about 26% and 24%. In terms of product type, Food Grade Rice Starch occupies the largest share of the total market, about 73%. And in terms of application, the largest application is Food Industry, followed by Pharmaceutical Industry.
Key Features:
The report on Rice Starch market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Rice Starch market. It may include historical data, market Segmentation by Type (e.g., Food Grade Rice Starch, Industry Grade Rice Starch), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Rice Starch market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Rice Starch market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Rice Starch industry. This include advancements in Rice Starch technology, Rice Starch new entrants, Rice Starch new investment, and other innovations that are shaping the future of Rice Starch.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Rice Starch market. It includes factors influencing customer ' purchasing decisions, preferences for Rice Starch product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Rice Starch market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Rice Starch market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Rice Starch market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Rice Starch industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Rice Starch market.
Market Segmentation:
Rice Starch market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Food Grade Rice Starch
- Industry Grade Rice Starch
Segmentation by application
- Food Industry
- Pharmaceutical Industry
- Cosmetic & Personal Care Industry
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- BENEO
- Ingredion
- Agrana
- Bangkok Starch
- Thai Flour
- WFM Wholesome Foods
- Golden Agriculture
- Jinnong Bio
- Thai Wah
- Burapa Prosper
- Anhui Shunxinyuan
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rice Starch market?
What factors are driving Rice Starch market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rice Starch market opportunities vary by end market size?
How does Rice Starch break out type, application?