Rice Starch Market by Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research provides an in-depth analysis of the global Rice Starch Market, shedding light on market dynamics, growth drivers, challenges, and emerging trends. The report offers a comprehensive view of the market's trajectory from 2024 to 2031, providing stakeholders with critical insights to inform strategic decisions and navigate the evolving landscape.

The global rice starch market is projected to exhibit steady growth, with a forecasted CAGR of 6.5% from 2024 to 2031. The market's estimated value in 2024 stands at USD 1.08 billion, expected to reach USD 1.7 billion by the end of 2031.

Key Insights:

Estimated Market Value (2024): USD 1.08 Billion
Projected Market Value (2031): USD 1.7 Billion
Global Market Growth Rate (CAGR 2024 to 2031): 6.5%

Rice Starch Market - Report Scope:

The rice starch market is driven by growing consumer demand for clean-label and gluten-free products. Rice starch, derived from the starchy component of rice grains, is used in various industries including food and beverages, cosmetics, and pharmaceuticals. The growing interest in natural and allergen-free ingredients has spurred demand for rice starch as a thickener and stabilizer in food products. Additionally, the cosmetics industry is increasingly using rice starch in beauty and personal care products due to its hypoallergenic and oil-absorbing properties.

Market Growth Drivers:

Key drivers propelling the growth of the rice starch market include the shift towards clean-label and gluten-free products. As consumers become more health-conscious, they seek food ingredients that are natural and minimally processed. Rice starch, being gluten-free and easily digestible, has gained popularity as a substitute for other starches like wheat and corn. The expanding use of rice starch in the cosmetics industry, where it is valued for its oil-absorbing and smoothening properties, also drives market growth. Moreover, the pharmaceutical industry employs rice starch as a disintegrant in tablet formulations, further boosting demand.

Market Restraints:

Despite its growing popularity, the rice starch market faces certain challenges. The extraction process for rice starch can be energy-intensive and costly, impacting overall product pricing. This can lead to higher costs for manufacturers, affecting profit margins and market penetration. Additionally, fluctuations in rice production due to environmental factors or geopolitical issues can impact the supply of raw materials, creating uncertainty in the market. The need for specialized equipment for rice starch extraction can also pose a barrier to entry for new players.

Market Opportunities:

The rice starch market presents significant opportunities for innovation and expansion. The development of new applications, such as in biodegradable packaging and sustainable textiles, opens additional market segments for rice starch. Manufacturers can explore value-added products and diversify their offerings by creating unique blends and formulations. Furthermore, with the increasing demand for organic and non-GMO products, rice starch producers can capitalize on this trend by obtaining relevant certifications to attract eco-conscious consumers. Collaborative ventures between rice starch manufacturers and food processors can also lead to innovative product development and expanded market reach.

Key Questions Addressed in the Report:

What is the Expected CAGR for the Rice Starch Market from 2024 to 2031?
What are the Key Factors Driving the Growth of the Rice Starch Market?
Which Region Holds the Largest Market Share in the Rice Starch Market?
Who are the Leading Players in the Global Rice Starch Market?
What are the Most Prominent Applications for Rice Starch?

Competitive Landscape and Business Strategies:

Leading players in the rice starch market include BENEO, Ingredion Incorporated, and Sudzucker AG. These companies focus on expanding their product portfolios to cater to diverse industry needs. Strategies include product innovation, market expansion, and strategic partnerships. By offering a wide range of rice starch products, these companies can address various applications in the food, cosmetics, and pharmaceutical industries. Additionally, efforts to improve sustainability in production and sourcing practices are critical for maintaining a competitive edge.

Key Companies Profiled:

BENEO
Ingredion Incorporated
Sudzucker AG
Asian Starch Co., Ltd.
Thai Flour Industry Co., Ltd.
New Francisco (Yunnan) Rice Starch Co., Ltd.
AGRANA Beteiligungs-AG
Axiom Foods
Golden Agriculture Co., Ltd.
Tatua Dairy Co-operative Ltd.

Rice Starch Market Segmentation:

Rice Starch Market by Type:

Native Rice Starch
Modified Rice Starch

Rice Starch Market by Nature:

Organic Rice Starch
Conventional Rice Starch

Rice Starch Market by End Use:

Cosmetics & Personal Care Industry
Food & Beverage Industry

Dairy Products

Bakery

Soups, Sauces & Dressings

Infant Formula

Convenience Foods

Snacks & Confectionary

Beverages

Others

Pharmaceutical Industry
Animal Feed Industry
Paper Industry

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Product Code: PMRREP16144

1. Executive Summary

1.1. Global Market Outlook
1.2. Market Viewpoints
1.3. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Increasing investments in the research & development of novel products
3.2. Rising demand for processed food

4. Key Success Factors

4.1. Product USPs
4.2. Product Features

5. Global Rice Starch Market Demand Analysis 2019-2023 and Forecast, 2024-2031

5.1. Historical Market Value & Volume (Metric Tons) Analysis, 2019-2023
5.2. Current and Future Market Volume (Metric Tons) Projections, 2024-2031
- 5.2.1. Y-o-Y Growth Trend Analysis
- 5.2.2. Absolute $ Opportunity Analysis

6. Global Rice Starch Market - Pricing Analysis

6.1. Regional Pricing Analysis By Type
6.2. Pricing Break-up
- 6.2.1. Manufacturer Level Pricing
- 6.2.2. Distributor Level Pricing

7. Market Background

7.1. Global Rice Production Overview
7.2. Global Rice Starch Production Overview
7.3. Global Starch Industry Overview
7.4. Global Food & Beverage Industry Overview
7.5. Global Pharmaceutical Industry Overview
7.6. Macro-Economic Factors
- 7.6.1. Global Economic Outlook
- 7.6.2. Global Urbanization Outlook
- 7.6.3. Global Food Security Index
- 7.6.4. Final Consumption Expenditure
- 7.6.5. Global Rank - Ease of Doing Business Rank
- 7.6.6. Global Rank - Trading Across Borders
7.7. Covid-19 Risk Assessment/Impact
7.8. Industry Value and Supply Chain Analysis
- 7.8.1. Profit Margin Analysis at each point of sales
  - 7.8.1.1. Rice Starch Processors
  - 7.8.1.2. Distributors/Suppliers/Wholesalers
  - 7.8.1.3. Traders/Retailers
  - 7.8.1.4. End-Users
7.9. Key Regulations
7.10. Market Dynamics
- 7.10.1. Drivers
- 7.10.2. Restraints
- 7.10.3. Opportunity Analysis
7.11. Forecast Factors - Relevance & Impact

8. Global Rice Starch Market Analysis 2019-2023 and Forecast 2024-2031, By Type

8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Type, 2019 - 2023
8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Type, 2024-2031
- 8.3.1. Native
- 8.3.2. Modified
8.4. Market Attractiveness Analysis By Type

9. Global Rice Starch Market Analysis 2019-2023 and Forecast 2024-2031, By Nature

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Nature, 2019 - 2023
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Nature, 2024-2031
- 9.3.1. Organic
- 9.3.2. Conventional
9.4. Market Attractiveness Analysis By Nature

10. Global Rice Starch Market Analysis 2019-2023 and Forecast 2024-2031, By End Use

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use, 2019 - 2023
10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End Use, 2024-2031
- 10.3.1. Cosmetics & Personal Care Industry
- 10.3.2. Food & beverage Industry
  - 10.3.2.1. Dairy Products
  - 10.3.2.2. Bakery
  - 10.3.2.3. Soups, Sauces & Dressings
  - 10.3.2.4. Infant Nutrition
  - 10.3.2.5. Convenience Foods
  - 10.3.2.6. Confectionary
  - 10.3.2.7. Beverages
  - 10.3.2.8. Others
- 10.3.3. Pharmaceutical Industry
- 10.3.4. Animal Feed Industry
- 10.3.5. Paper Industry'
10.4. Market Attractiveness Analysis By End Use

11. Global Rice Starch Market Analysis 2019-2023 and Forecast 2024-2031, By Region

11.1. Introduction
11.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019 - 2023
11.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024-2031
- 11.3.1. North America
- 11.3.2. Latin America
- 11.3.3. Europe
- 11.3.4. South Asia & Pacific
- 11.3.5. East Asia
- 11.3.6. Middle East and Africa (MEA)
11.4. Market Attractiveness Analysis By Region

12. North America Rice Starch Market Analysis 2019-2023 and Forecast 2024-2031

12.1. Introduction
12.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019 - 2023
12.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 12.3.1. By Country
  - 12.3.1.1. U.S.
  - 12.3.1.2. Canada
- 12.3.2. By Type
- 12.3.3. By Nature
- 12.3.4. By End Use
12.4. Market Attractiveness Analysis
- 12.4.1. By Country
- 12.4.2. By Type
- 12.4.3. By Nature
- 12.4.4. By End Use
12.5. Drivers and Restraints - Impact Analysis

13. Latin America Rice Starch Market Analysis 2019-2023 and Forecast 2024-2031

13.1. Introduction
13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019 - 2023
13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 13.3.1. By Country
  - 13.3.1.1. Brazil
  - 13.3.1.2. Mexico
  - 13.3.1.3. Peru
  - 13.3.1.4. Argentina
  - 13.3.1.5. Rest of Latin America
- 13.3.2. By Type
- 13.3.3. By Nature
- 13.3.4. By End Use
13.4. Market Attractiveness Analysis
- 13.4.1. By Country
- 13.4.2. By Type
- 13.4.3. By Nature
- 13.4.4. By End Use
13.5. Drivers and Restraints - Impact Analysis

14. Europe Rice Starch Market Analysis 2019-2023 and Forecast 2024-2031

14.1. Introduction
14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019 - 2023
14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 14.3.1. By Country
  - 14.3.1.1. Germany
  - 14.3.1.2. UK
  - 14.3.1.3. France
  - 14.3.1.4. Italy
  - 14.3.1.5. Spain
  - 14.3.1.6. BENELUX
  - 14.3.1.7. Nordic
  - 14.3.1.8. Russia
  - 14.3.1.9. Poland
  - 14.3.1.10. Rest of Europe
- 14.3.2. By Type
- 14.3.3. By Nature
- 14.3.4. By End Use
14.4. Market Attractiveness Analysis
- 14.4.1. By Country
- 14.4.2. By Type
- 14.4.3. By Nature
- 14.4.4. By End Use
14.5. Drivers and Restraints - Impact Analysis

15. South Asia & Pacific Rice Starch Market Analysis 2019-2023 and Forecast 2024-2031

15.1. Introduction
15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019 - 2023
15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 15.3.1. By Country
  - 15.3.1.1. India
  - 15.3.1.2. ASEAN
  - 15.3.1.3. Oceania
  - 15.3.1.4. Rest of South Asia & Pacific
- 15.3.2. By Type
- 15.3.3. By Nature
- 15.3.4. By End Use
15.4. Market Attractiveness Analysis
- 15.4.1. By Country
- 15.4.2. By Type
- 15.4.3. By Nature
- 15.4.4. By End Use
15.5. Drivers and Restraints - Impact Analysis

16. East Asia Rice Starch Market Analysis 2019-2023 and Forecast 2024-2031

16.1. Introduction
16.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019 - 2023
16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 16.3.1. By Country
  - 16.3.1.1. China
  - 16.3.1.2. South Korea
  - 16.3.1.3. Japan
- 16.3.2. By Type
- 16.3.3. By Nature
- 16.3.4. By End Use
16.4. Market Attractiveness Analysis
- 16.4.1. By Country
- 16.4.2. By Type
- 16.4.3. By Nature
- 16.4.4. By End Use
16.5. Drivers and Restraints - Impact Analysis

17. Middle East and Africa Rice Starch Market Analysis 2019-2023 and Forecast 2024-2031

17.1. Introduction
17.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019 - 2023
17.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024-2031
- 17.3.1. By Country
  - 17.3.1.1. GCC
  - 17.3.1.2. Turkey
  - 17.3.1.3. South Africa
  - 17.3.1.4. Rest of MEA
- 17.3.2. By Type
- 17.3.3. By Nature
- 17.3.4. By End Use
17.4. Market Attractiveness Analysis
- 17.4.1. By Country
- 17.4.2. By Type
- 17.4.3. By Nature
- 17.4.4. By End Use
17.5. Drivers and Restraints - Impact Analysis

18. Country Wise Rice Starch Market Analysis, 2023

18.1. Introduction
- 18.1.1. Market Value Proportion Analysis, By Key Countries
- 18.1.2. Global Vs. Country Growth Comparison
18.2. U.S. Rice Starch Market Analysis
- 18.2.1. By Type
- 18.2.2. By Nature
- 18.2.3. By End Use
18.3. Canada Rice Starch Market Analysis
- 18.3.1. By Type
- 18.3.2. By Nature
- 18.3.3. By End Use
18.4. Brazil Rice Starch Market Analysis
- 18.4.1. By Type
- 18.4.2. By Nature
- 18.4.3. By End Use
18.5. Mexico Rice Starch Market Analysis
- 18.5.1. By Type
- 18.5.2. By Nature
- 18.5.3. By End Use
18.6. Argentina Rice Starch Market Analysis
- 18.6.1. By Type
- 18.6.2. By Nature
- 18.6.3. By End Use
18.7. Peru Rice Starch Market Analysis
- 18.7.1. By Type
- 18.7.2. By Nature
- 18.7.3. By End Use
18.8. Germany Rice Starch Market Analysis
- 18.8.1. By Type
- 18.8.2. By Nature
- 18.8.3. By End Use
18.9. Italy Rice Starch Market Analysis
- 18.9.1. By Type
- 18.9.2. By Nature
- 18.9.3. By End Use
18.10. France Rice Starch Market Analysis
- 18.10.1. By Type
- 18.10.2. By Nature
- 18.10.3. By End Use
18.11. U.K. Rice Starch Market Analysis
- 18.11.1. By Type
- 18.11.2. By Nature
- 18.11.3. By End Use
18.12. Spain Rice Starch Market Analysis
- 18.12.1. By Type
- 18.12.2. By Nature
- 18.12.3. By End Use
18.13. Russia Rice Starch Market Analysis
- 18.13.1. By Type
- 18.13.2. By Nature
- 18.13.3. By End Use
18.14. Poland Rice Starch Market Analysis
- 18.14.1. By Type
- 18.14.2. By Nature
- 18.14.3. By End Use
18.15. China Rice Starch Market Analysis
- 18.15.1. By Type
- 18.15.2. By Nature
- 18.15.3. By End Use
18.16. Japan Rice Starch Market Analysis
- 18.16.1. By Type
- 18.16.2. By Nature
- 18.16.3. By End Use
18.17. South Korea Rice Starch Market Analysis
- 18.17.1. By Type
- 18.17.2. By Nature
- 18.17.3. By End Use
18.18. India Rice Starch Market Analysis
- 18.18.1. By Type
- 18.18.2. By Nature
- 18.18.3. By End Use
18.19. Turkey Rice Starch Market Analysis
- 18.19.1. By Type
- 18.19.2. By Nature
- 18.19.3. By End Use
18.20. South Africa Rice Starch Market Analysis
- 18.20.1. By Type
- 18.20.2. By Nature
- 18.20.3. By End Use

19. Market Structure Analysis

19.1. Market Analysis By Tier of Companies
19.2. Market Concentration
19.3. Market Presence Analysis

20. Competition Analysis

20.1. Competition Dashboard
20.2. Competition Benchmarking
20.3. Competition Deep Dive
- 20.3.1. WFM Starch Products
  - 20.3.1.1. Overview
  - 20.3.1.2. Product Portfolio
  - 20.3.1.3. Key Developments
  - 20.3.1.4. Strategy Overview
- 20.3.2. BENEO
  - 20.3.2.1. Overview
  - 20.3.2.2. Product Portfolio
  - 20.3.2.3. Key Developments
  - 20.3.2.4. Strategy Overview
- 20.3.3. Herba Ingredients BV
  - 20.3.3.1. Overview
  - 20.3.3.2. Product Portfolio
  - 20.3.3.3. Key Developments
  - 20.3.3.4. Strategy Overview
- 20.3.4. JiangXi Golden Agriculture Biotech Co., Ltd
  - 20.3.4.1. Overview
  - 20.3.4.2. Product Portfolio
  - 20.3.4.3. Key Developments
  - 20.3.4.4. Strategy Overview
- 20.3.5. AGRANA Beteiligungs-AG
  - 20.3.5.1. Overview
  - 20.3.5.2. Product Portfolio
  - 20.3.5.3. Key Developments
  - 20.3.5.4. Strategy Overview
- 20.3.6. Cargill, Incorporated
  - 20.3.6.1. Overview
  - 20.3.6.2. Product Portfolio
  - 20.3.6.3. Key Developments
  - 20.3.6.4. Strategy Overview
- 20.3.7. Bangkok Starch Industrial Co., Ltd.
  - 20.3.7.1. Overview
  - 20.3.7.2. Product Portfolio
  - 20.3.7.3. Key Developments
  - 20.3.7.4. Strategy Overview
- 20.3.8. Anhui Shunxin Shenyuan Biological Food Co. Ltd.
  - 20.3.8.1. Overview
  - 20.3.8.2. Product Portfolio
  - 20.3.8.3. Key Developments
  - 20.3.8.4. Strategy Overview
- 20.3.9. Aromatic UK
  - 20.3.9.1. Overview
  - 20.3.9.2. Product Portfolio
  - 20.3.9.3. Key Developments
  - 20.3.9.4. Strategy Overview
- 20.3.10. SACCHETTO S.p.A.
  - 20.3.10.1. Overview
  - 20.3.10.2. Product Portfolio
  - 20.3.10.3. Key Developments
  - 20.3.10.4. Strategy Overview
- 20.3.11. Pruthvi's Foods Private Limited.
  - 20.3.11.1. Overview
  - 20.3.11.2. Product Portfolio
  - 20.3.11.3. Key Developments
  - 20.3.11.4. Strategy Overview
- 20.3.12. Thai Flour iNdustry Co., Ltd.
  - 20.3.12.1. Overview
  - 20.3.12.2. Product Portfolio
  - 20.3.12.3. Key Developments
  - 20.3.12.4. Strategy Overview
- 20.3.13. Trulux Pty Ltd.
  - 20.3.13.1. Overview
  - 20.3.13.2. Product Portfolio
  - 20.3.13.3. Key Developments
  - 20.3.13.4. Strategy Overview
- 20.3.14. Ingredion
  - 20.3.14.1. Overview
  - 20.3.14.2. Product Portfolio
  - 20.3.14.3. Key Developments
  - 20.3.14.4. Strategy Overview
- 20.3.15. Tiba Starch & Glucose Manufacturing Company
  - 20.3.15.1. Overview
  - 20.3.15.2. Product Portfolio
  - 20.3.15.3. Key Developments
  - 20.3.15.4. Strategy Overview
- 20.3.16. A&B Ingredients
  - 20.3.16.1. Overview
  - 20.3.16.2. Product Portfolio
  - 20.3.16.3. Key Developments
  - 20.3.16.4. Strategy Overview
- 20.3.17. Ettlinger Corporation
  - 20.3.17.1. Overview
  - 20.3.17.2. Product Portfolio
  - 20.3.17.3. Key Developments
  - 20.3.17.4. Strategy Overview
- 20.3.18. Shafi Gluco Chem (Pvt.) Ltd.
  - 20.3.18.1. Overview
  - 20.3.18.2. Product Portfolio
  - 20.3.18.3. Key Developments
  - 20.3.18.4. Strategy Overview
- 20.3.19. Sinofi
  - 20.3.19.1. Overview
  - 20.3.19.2. Product Portfolio
  - 20.3.19.3. Key Developments
  - 20.3.19.4. Strategy Overview
- 20.3.20. HealthMarque Fine Foods LLP
  - 20.3.20.1. Overview
  - 20.3.20.2. Product Portfolio
  - 20.3.20.3. Key Developments
  - 20.3.20.4. Strategy Overview
- 20.3.21. Safimex JSC
  - 20.3.21.1. Overview
  - 20.3.21.2. Product Portfolio
  - 20.3.21.3. Key Developments
  - 20.3.21.4. Strategy Overview
- 20.3.22. Other Companies (on Additional Request)
  - 20.3.22.1. Overview
  - 20.3.22.2. Product Portfolio
  - 20.3.22.3. Key Developments
  - 20.3.22.4. Strategy Overview