Organic Rice Flour Market size to increase by USD 156.61 million between 2023 to 2028- Technavio
NEW YORK, Nov. 2, 2023 /PRNewswire/ — The Organic Rice Flour Market size is expected to grow by USD 156.61 million, accelerating at a CAGR of 5.26% during the forecast period. Increasing adoption of organic-based rice flour is notably driving the organic rice flour market. However, factors such as climatic changes hampering organic rice production may impede market growth. The market is segmented by Application (Bakery and confectionery, Breakfast foods, Baby food, and Others), Type (Organic white rice flour, Organic brown rice flour, and others), and Geography (APAC, Europe, North America, South America, and Middle East and Africa). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format
Organic Rice Flour Market 2024 – 2028: Key Segment Analysis
The bakery and confectionery segment is expected for significant market share growth during the forecast period. Organic rice flour, being naturally gluten-free, serves as an excellent choice for individuals with gluten allergies or sensitivities. It’s commonly employed as a coating for both fried and baked dishes, providing a crispy, golden texture. This versatile ingredient finds application in various culinary delights like tempura, fried chicken, and onion rings.
To know additional highlights and key points on various market segments and their impact in coming years, View PDF Sample Report
Organic Rice Flour Market 2024 – 2028: Geographical Market Analysis
During the forecast period, APAC is expected to make a substantial 63% contribution to the global market’s growth. The demand for organic rice flour is set to rise in APAC, driven by increasing consumer awareness of the health benefits associated with organic products. Key rice-producing countries in the region include China, India, Australia, and Indonesia, making APAC the largest rice producer. Notably, organic rice production is on the rise, with new players entering the market with innovative organic rice products. Since organic rice serves as the primary raw material for organic rice flour, the increasing production of organic rice is expected to fuel the growth of the organic rice flour market in APAC during the forecast period.
Organic Rice Flour Market 2024 – 2028: Company Insights
The organic rice flour market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market companies, including:
Ardent Mills LLCAryan InternationalAssociated British Foods PlcBay State Milling Co.Bobs Red Mill Natural Foods Inc.Burapa Prosper Co. Ltd.Clearspring Ltd.Ingredion Inc.Koda Farms Inc.Kroner Starke GmbHLa MilaneseLieng Tong Rice Vermicilli Co. Ltd.Namaste Foods LLCReal OrganicsRose BrandShree Bhagwati Flour and Foods Pvt. Ltd.Terra Greens OrganicThai Flour Industry Co. Ltd.Whitworth Ltd.Woodland Foods Ltd.
View PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.
Related Reports:
Organic Cereal Market: The Organic Cereal Market is poised to grow by USD 9.15 billion during 2022-2026, accelerating at a CAGR of 6.30% during the forecast period.
Organic Sugar Market: The organic sugar market size is estimated to grow at a CAGR of 5.98% between 2022 and 2027. The market size is forecast to increase by USD 1,062.16 million.
TOC:
Executive SummaryMarket LandscapeMarket SizingHistoric Market SizesFive Forces AnalysisMarket Segmentation by ApplicationMarket Segmentation by TypeMarket Segmentation by GeographyCustomer LandscapeGeographic LandscapeDrivers, Challenges, & TrendsCompany LandscapeCompany AnalysisAppendix
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