According to a new report by Expert Market Research, ‘Global Rice Starch Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025’, the Rice Starch market is valued at USD 162 million in 2019 and is expected to reach USD 234 million by the end of 2025, growing at a CAGR of 5.9% between 2018 and 2025.
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Competitive Landscape & Supplier Analysis:
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.
Rice starch is characterized by very small granules in the range of 2-8 μm, 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.
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Global Rice Starch Market by Type:
Global Rice Starch Market by Application:
Market breakup by Region:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
Geographically, the world rice starch industry can be divided into five major regions, namely North America, South 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.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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