Global Rice Starch Market Size is Projected to Reach 252 million USD by 2024

Author: QYResearch  |   Published Date: 2019-03-18   |   Views: 200

Author: Yangmin

The Rice Starch industry was 176 million USD in 2018 and is projected to reach 252 million USD by 2024, at a CAGR (Compounded Annual Growth Rate) of 5.68% between 2018 and 2026. The market is driven by various end-user industries.

The industry is less concentration, the key brand includes BENEO, Ingredion, Bangkok starch, Thai Flour, AGRANA, WFM Wholesome Foods.

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Rice starch is categorized by small granules which occurs in the range of 2-8 µm that is much smaller as compared with other tubers, cereals and roots, such as potato and corn. Rice starch is a very fine grained and tasteless powder which is manufactured by processing raw rice. Rice starch also provides creamy textures and serves as a natural fat replacer. Rice starches are widely used in food industry, pharmaceutical industry, chemical industry and cosmetic industry. Rice starch is used in preparation of products such as pharmaceutical medicines, processed food mixes and jarred baby foods. Modified rice starch is one of the popular vegan substitute for traditional powdered gelatin. Rice starch adds a smooth, creamy texture to various prepared foods such as sauces and soups. Rice starch extraction produces a large quantity of protein and fiber residue.

Geographically, the global Rice starch industry can be divided by major regions which include North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Globally, among all regions, Asia Pacific has developed as the most dominant region in global Rice starch market 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 Rice starch market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.

The Global Rice Starch Market Research Report 2019 report released by QYResearch provides a basic overview of the Rice Starch industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Rice Starch industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.

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