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.
Ingredion Broadens Organic Ingredient Solutions Lineup
WESTCHESTER, Illinois, USA (July 15, 2020) – Ingredion Incorporated, a leading global provider of ingredient solutions to diversified industries, today launched three new organic native starches for the U.S. and Canada, PURITY Bio 201 organic native corn starch, PURITY Bio 301 organic native tapioca starch and PURITY Bio 805 organic native waxy rice starch at SHIFT20.
The PURITY Bio range of organic native starches offers food manufacturers a compelling value proposition for converting to a more attractive “organic” corn, rice or tapioca starch label, enabling associated claims. The high-performing, certified organic starches can help manufacturers replace undesirable ingredients in existing products and develop new products with shorter lists of more familiar names to enhance product appeal and cost savings potential.
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
Among the regions mentioned above, Asia Pacific has become the most dominant region in the world rice starch market, followed by Europe and North America. China and Japan are among the main contributors to the growth of the Asia-Pacific Rice Starch market. The rapid growth of the personal care industry in the emerging economies of Asia Pacific is driving the growth of the Rice Starch business in the region. The application of Rice Starch in pharmaceutical and cosmetics products is also high in this region. These factors are anticipated to stimulate growth in the global Asia-Pacific Rice Starch Market during the projection period. The increasing use of various quality rice starch products in multiple applications worldwide has strengthened the growth of the worldwide rice starch market and is therefore foreseen to significantly increase the contribution to rice starch market revenue during the outlook period.
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.
Forecast Period 2022 to 2027 CAGR
CAGR of 6.1% during the review period (2022 to 2027).
BENEO, Ingredion Incorporated (NYSE INGR), Bangkok starch, Thai Flour, AGRANA Beteiligungs-Aktiengesellschaft (Vienna :AGR.VI), WFM Wholesome Foods,
• North America
• Rest of the World
• Rest of Europe
• South Korea
• Rest of Asia-Pacific
• Middle East & Africa
• Latin America
2017 to 2021
2022 to 2027
Number of Pages
Yes, the report can be customized as per your needs
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What is the study period of this market?
The Rice Starch Market is studied from 2017 - 2027.
Who are the key players in Rice Starch Market?
BENEO, Ingredion Incorporated (NYSE INGR), Bangkok starch, Thai Flour, AGRANA Beteiligungs-Aktiengesellschaft (Vienna :AGR.VI), WFM Wholesome Foods, Golden Agriculture, Anhui Lianhe, Anhui Le Huan Tian Biotechnology and others.
What are the significant types of Rice Starch Market?
Food Grade Rice Starch, Industry Grade Rice Starch, Others
What are the major end-use applications of the Rice Starch Market?
Food Industry, Pharmaceutical Industry, Cosmetic & Personal Care Industry, Others, Others.
What segments are covered in the Rice Starch Market report?
The Global Rice Starch Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Rice Starch Market?
The sample report for the Rice Starch Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
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.