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Global Rice Starch Market to Grow at a CAGR of 6% During 2024-2032, Driven by the Extensive Use of the Product Across Various Sectors

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Rice Starch Market

Global Rice Starch Market Size, Share, Trends, Forecast: By Type: Native, Modified, Others; By Application: Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care, Textiles, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Global Rice Starch Market Outlook

The global rice starch market witnessed a healthy growth in the historical period of 2018-2023 aided by the growth of the overall starch industry, which attained a volume of 109.57 million metric tons in 2023. The global market for rice starch is estimated to grow at a CAGR of 6% in the forecast period of 2024-2032.

 

Rice Starch Market

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The Asia Pacific Presents Significant Growth Opportunities for the Rice Starch Industry

Region-wise, the Asia Pacific market is a significant market for rice starch. This is attributed to the rapid urbanisation, rising disposable incomes, and growing population in the region. Countries such as India and China exhibit high potential for the market growth. Europe and North America are also major regions for the rice starch industry. The expanding market for rice starch within these regions is due to the rising use of a range of rice starch grade products in extensive applications. The market is further expected to have a surge in demand over the forecast period.

Within the applications segment, the cosmetic industry has a significant share. Rice starch cosmetic grade is used extensively on a large scale in the production of cosmetics and personal care products, which is aiding the growth of the rice starch industry.

 

Global Rice Starch Market by Application

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Rice Starch: Market Segmentation

Rice starch refers to small granules, which range from 2-8 µm, much smaller to other tubers, cereals, and roots. It provides a creamy consistency and acts as a natural fat replacer in various products.

On the basis of type, the market is divided into:

  • Native
  • Modified
  • Others

Based on application, the industry can be segmented into:

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetics and Personal Care
  • Textiles
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Rice Starch Market by Region

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Rising Demand from Various Industries to Aid the Global Market Growth for Rice Starch

The rice starch industry is being driven by the rising population globally. In addition, the market is positively influenced by the increasing disposable incomes, changing lifestyles, and growing urbanisation. The rising youth population is also enhancing the market growth as the individuals are keen to try the new items prepared by the use of rice starch; as a result, boosting the market growth. The market is further aided by the rising demand in the cosmetics and personal care industry. The industry is also positively impacted by the various grades of the product, which are used extensively in applications, such as cosmetics and personal care products, pharmaceuticals, and others. Moreover, the growing inclination towards natural quality, organic, and health beneficial products owing to their rising awareness, is expected to facilitate the market growth of rice starch in the forecast period.

 

Key Industry Players in the Global Rice Starch Market

The report gives a detailed analysis of the following key players in the global rice starch market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Ingredion Incorporated
  • AGRANA Beteiligungs-AG
  • Bangkok Starch Industrial Co., Ltd.
  • Thai Flour Industry Co., Ltd
  • Herba Ingredients BV 
  • Jiangxi Golden Agriculture Biotech Co., Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Native
  • Modified
  • Others
Breakup by Application
  • Food and Beverages
  • Pharmaceuticals
  • Cosmetics and Personal Care
  • Textiles
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Ingredion Incorporated
  • AGRANA Beteiligungs-AG
  • Bangkok Starch Industrial Co., Ltd.
  • Thai Flour Industry Co., Ltd
  • Herba Ingredients BV
  • Jiangxi Golden Agriculture Biotech Co., Ltd.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Rice Starch Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Rice Starch Historical Market (2018-2023) 
    8.3    Global Rice Starch Market Forecast (2024-2032)
    8.4    Global Rice Starch Market by Type
        8.4.1    Native
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Modified
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Others
    8.5    Global Rice Starch Market by Application
        8.5.1    Food and Beverages
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Pharmaceuticals
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Cosmetics and Personal Care
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Textiles
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Rice Starch Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Rice Starch Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Rice Starch Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Rice Starch Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Rice Starch Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Rice  Starch Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
    16.1    North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17    Manufacturing Process
    17.1    Overview
    17.2    Detailed Process Flow
    17.3    Operation Involved    
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Ingredion Incorporated
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    AGRANA Beteiligungs-AG
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Bangkok Starch Industrial Co., Ltd.
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Thai Flour Industry Co., Ltd
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Herba Ingredients BV 
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Jiangxi Golden Agriculture Biotech Co., Ltd.
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    Others
19    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Project Requirement and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Cost of Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Rice Starch Market: Key Industry Highlights, 2018 and 2032
2.    Global Rice Starch Historical Market: Breakup by Type (Million Metric Tons), 2018-2023
3.    Global Rice Starch Market Forecast: Breakup by Type (Million Metric Tons), 2024-2032
4.    Global Rice Starch Historical Market: Breakup by Application (Million Metric Tons), 2018-2023
5.    Global Rice Starch Market Forecast: Breakup by Application (Million Metric Tons), 2024-2032
6.    Global Rice Starch Historical Market: Breakup by Region (Million Metric Tons), 2018-2023
7.    Global Rice Starch Market Forecast: Breakup by Region (Million Metric Tons), 2024-2032
8.    North America Rice Starch Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
9.    North America Rice Starch Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
10.    Europe Rice Starch Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
11.    Europe Rice Starch Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
12.    Asia Pacific Rice Starch Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
13.    Asia Pacific Rice Starch Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
14.    Latin America Rice Starch Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
15.    Latin America Rice Starch Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
16.    Middle East and Africa Rice Starch Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
17.    Middle East and Africa Rice Starch Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
18.    North America Historical Price Trends and Forecast 2018-2032
19.    Europe Historical Price Trends and Forecast 2018-2032
20.    Asia Pacific Historical Price Trends and Forecast 2018-2032
21.    Latin America Historical Price Trends and Forecast 2018-2032
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
23.    Global Rice Starch Market Structure

Key Questions Answered in the Report

What is the growth rate of the global rice starch market?

The global rice starch market is projected to grow at a CAGR of 6% between 2024 and 2032.

What are the major industry drivers?

The major drivers of the industry, such as rising disposable incomes, increasing population, rapid urbanisation, growing consumption of processed foods, and rising demand from personal care and pharmaceutical industries, are expected to aid the market growth.

What are the key industry trends of the global rice starch market?

The key trend guiding the growth of the market includes the rising demand for organic and healthy food products.

What are the major regional markets of rice starch, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading types of rice starch in the industry?

The leading types of rice starch in the industry are native and modified, among others.

What are the major application segments in the market?

The major application segments in the market are food and beverages, pharmaceuticals, cosmetics and personal care, and textiles, among others.

Who are the key industry players, according to the report?

The major players in the industry are Ingredion Incorporated, AGRANA Beteiligungs-AG, Bangkok Starch Industrial Co., Ltd., Thai Flour Industry Co., Ltd, Herba Ingredients BV, and Jiangxi Golden Agriculture Biotech Co., Ltd., among others.

Analyst Review

The global rice starch market is being driven by rapidly changing lifestyles and growing demand for convenient processed foods. Aided by the rising demand for organic food products, the market is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market can be segmented into native and modified, among others. On the basis of application, the industry can be divided into food and beverages, pharmaceuticals, cosmetics and personal care, and textiles, among others. The major regional markets for rice starch are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ingredion Incorporated, AGRANA Beteiligungs-AG, Bangkok Starch Industrial Co., Ltd., Thai Flour Industry Co., Ltd, Herba Ingredients BV, and Jiangxi Golden Agriculture Biotech Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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