Rice Starch Market is projected to reach USD 234 million by 2025

Rice Starch Market Analysis Size, Growth rate and Overview:

Rice Starch Market was valued at USD 162 million in 2018 and is expected to reach almost USD 234 million by the end of 2025, growing at a CAGR of around 5.9% over the predicted period.

Rice starch is a very fine and tasteless powder that is produced by processing raw rice. Rice starch also provides creamy textures and serves as a substitute for natural fat. Rice starches are widely used in the food industry, the pharmaceutical industry, the chemical industry and the cosmetic industry. It is also used in the preparation of products such as medicines, processed food mixes and baby food jars. Modified rice starch is one of the most popular vegan substitutes for traditional powdered gelatin. Rice starch adds a smooth, creamy texture to various prepared foods such as sauces and soups. The extraction of this starch produces a large amount of protein and fiber residues.

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Rice Starch Market Key Drivers, Challenges, and Opportunities:

The main drivers of global rice starch market growth are the rising demand for rice starch in various cosmetic and personal care products, as well as in the food and beverage industry. The main factor behind the growing demand for rice starch in the current market scenario is due to its different qualities that are mainly used in applications such as pharmaceuticals, cosmetics, personal care products and others. Today's consumers are mainly influenced by this natural, organic product that improves health due to the increased demand for this product among the world's growing economies. On the other hand, according to the current market trend, rice starch powder is in fashion due to its wide ranges of healthier applications to people.

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Rice Starch Market – Regional Presence:

Geographically, the world rice starch industry can be divided into five major regions, namely North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Globally, among all, Asia-Pacific has become the most dominant region of the world market for rice starch, followed by Europe and North America. Increasing usage of variety of rice starch grade products in various applications worldwide has strengthened the growth of global market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.

Some of the Key Players Profiled in this Rice Starch Market Report are:

Beneo, Ingredion, Bangkok Starch Industrial Co., Ltd., Thai Flour Industry Co., Ltd, AGRANA, WFM Wholesome Foods, Jiangxi Golden Agriculture Biotech Co., Ltd., and others. The companies are expected to expand their business by enhancing their product portfolio in global market.

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