Global Rice Starch market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 193.6 million in 2020. Over the next five years the Rice Starch market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 245.5 million by 2026.
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. It can be widely used in food industry, pharmaceutical industry, chemical industry and Cosmetic & Personal Care Industry Care industry.
Rice starch can be classified into two types: food grade rice starch and industry grade rice starch. Food grade rice starch is widely used in food industry and pharmaceutical industry. Industry grade rice starch is widely used in cosmetic industry, papermaking industry, spinning industry and other industries.
Major raw materials for rice starch are rice and caustic soda. On the global market, supply of raw materials is very full. But many manufacturers discontinued in recent years due to the product gross margin are low and the price of corn starch is lower than rice starch in some application.
All manufacturers in the world are committed to the improvement of production technology. In recent two years, Chinese manufacturers can almost catch up with the world's leading technology. Such as Anhui Lianhe and Anhui Le Huan Tian Biotechnology company can produce food grade rice starch and industry grade rice starch.
We tend to believe this industry is an emerging industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The report also assesses the key opportunities in the Rice Starch market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Rice Starch Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Top Key players in the Rice Starch Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Rice Starch Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes BENEO, Ingredion, Bangkok starch, Thai Flour, AGRANA, WFM Wholesome Foods, Golden Agriculture, Anhui Lianhe, Anhui Le Huan Tian Biotechnology and others.
Global Rice Starch Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Rice Starch Market is segmented based on the type, applications, companies and regions.
By Type, Rice Starch Market has been segmented into
Food Grade Rice Starch
Industry Grade Rice Starch
The end user’s industry application on Rice Starch Market is,
Cosmetic & Personal Care Industry
The report offers in-depth assessment of the growth and other aspects of the Rice Starch Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Rice Starch Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Rice Starch Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Rice Starch Market for the historical period of 2017-2021 and the forecast period of 2021-2026.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
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Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.