QY Research has come up with a fresh report that explores new opportunities to earn revenue in the global rice starch market. Titled “Global Rice Starch Market Research Report 2018,” the report identifies new trends and advancements in the market. The consumption of rice starch is expected to show a smooth growth curve in the future. According to the analysts, rice starch is an emerging industry.
Global Rice Starch Market: Price and Product Analysis
The global rice starch market is anticipated to witness a gradual narrowing down of the price gap between different vendors. With the growing intensity of the market competition, product prices could continue to follow a slow downward trend during the forecast period. Moreover, there could be some fluctuation in the gross margin.
The supply of raw materials such as caustic soda and rice in the global market has reached to the brim. Owing to the lower price of corn starch compared to rice starch in few applications and low product gross margin, a number of manufacturers have discontinued their services lately.
The global rice starch market is prophesied to witness high demand for products that are organic in nature and of natural quality. This trend could be mainly observed in the growing economies of the world.
Global Rice Starch Market: Forecast by Type and Application
The global rice starch market is segmented into industry grade, native waxy, and native regular on the basis of product type. Industry grade rice starch finds high application in the spinning, papermaking, cosmetics, and other industries. Food grade rice starch, on the other hand, is used in the pharmaceutical and food industries.
In relation to application, the global rice starch market is divided into cosmetic industry, pharmaceutical industry, food industry, and other segments. The report estimates the contribution of each segment toward the market growth.
Global Rice Starch Market: Forecast by Region
The report focuses on growth prospects, market share, consumption, value, production, and product capacity in important regions and countries, viz. India, Southeast Asia, Japan, China, Europe, North America, and other geographies such as the MEA and Central and South America.
Global Rice Starch Market: Competitive Analysis
There are a handful of players operating in the global rice starch market. The popular ones are mainly concentrated in Thailand and Europe. Almost all players manufacturing rice starch products across the globe are concentrating on the development of production technology. Having said that, Chinese manufacturers are expected to soon draw level with the use of the world’s leading technology. For instance, Anhui Le Huan Tian Biotechnology and Anhui Lianhe have the ability to produce industry grade and food grade rice starch.
Some of the other leading manufacturers covered in the report are AGRANA, Thai Flour, Bangkok Starch, Ingredion, and BENEO.
Full Report Overview@ https://www.qyresearch.com/index/detail/403375/global-rice-starch-market