Rice Starch Market By Type (Native, Modified), By Application (Food and Beverages, Pharmaceuticals, Cosmetics and personal care, Textiles, Others), By Nature (Organic, Conventional) - Forecast(2024 - 2030)

Report Code: FBR 0585 Report Format: PDF + Excel

Rice Starch Market Overview:

Rice Starch Market reached a valuation of USD 250.8 million, and it is projected to grow at a CAGR of 6.60% during the forecast period from 2023 to 2030. By 2030, the market is anticipated to achieve a value of USD 418.2 million.

The market is experiencing significant growth and demand across various industries. Derived from rice grains, rice starch serves as a versatile ingredient in numerous applications. Its popularity is fueled by factors such as the rising demand for clean label products in the food industry, where it acts as a natural thickening and stabilizing agent in various food products. Additionally, the expanding food and beverage sector contributes to its strong market presence, as rice starch finds applications in diverse products ranging from soups and sauces to baked goods and dairy items.

Furthermore, the pharmaceutical industry utilizes this as a binder and filler in tablet and capsule production, leading to increased demand due to the sector's steady growth. As consumers seek healthier alternatives and industries prioritize natural ingredients, the rice starch market is likely to witness continued expansion in the foreseeable future, driven by its multifunctional properties and diverse applications across numerous end-user industries.

Rice Starch Market  - Report Coverage:

The “Rice Starch Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Rice Starch  Market.

AttributeSegment

By Type

  • Native

  • Modified

By Application

  • Food and Beverages

  • Pharmaceuticals

  •  Cosmetics and Personal Care

  • Textiles

  •  Others

By Nature

  • Organic

  • Conventional




By Geography

  • North America: Including the United States, Canada, and Mexico

  • Europe: Comprising Germany, France, the United Kingdom, Italy, Spain, Russia, and the rest of Europe.

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific),

  • South America: Encompassing Brazil, Argentina, Chile, Colombia, and the rest of South America.

  • Rest of the World: Consisting of the Middle East and Africa.


Rice Starch Market Report – Top Trends:

Clean Label Demand : With increasing consumer awareness about the ingredients used in food products, there is a growing demand for clean label products. Rice starch, being a natural and clean-label ingredient, is witnessing higher adoption in various food applications, as it meets consumers' preferences for recognizable and minimally processed components.

Gluten-Free and Allergen-Free Alternatives : The market is inherently gluten-free and allergen-free, making it a sought-after ingredient for individuals with dietary restrictions or sensitivities. The rising number of consumers seeking gluten-free and allergen-free options in their diets is boosting the demand for rice starch as a suitable alternative in gluten-sensitive and allergen-sensitive populations.

Sustainability and Ethical Sourcing : Increasing concerns about sustainability and ethical sourcing practices are influencing purchasing decisions. Rice is a staple crop in many regions, and consumers are showing a preference for rice starch derived from sustainably grown and ethically sourced rice. Companies that prioritize transparent and responsible supply chains are likely to gain a competitive edge.

Expansion in Asian Market : Asia-Pacific remains a dominant region in the market, primarily due to the abundant availability of rice and its traditional culinary use in Asian countries. As economies in this region continue to grow, the demand for rice starch in various applications, including food, pharmaceuticals, and cosmetics, is also expected to witness substantial growth.

Innovative Applications in Non-Food Industries : While the food industry remains the largest consumer of rice starch, non-food industries such as pharmaceuticals, cosmetics, and paper/textile are increasingly exploring novel applications of rice starch. The pharmaceutical sector, in particular, is utilizing rice starch as a pharmaceutical excipient, while the cosmetics industry is incorporating it into skincare and personal care products due to its natural and gentle properties.

Technological Advancements in Processing : With ongoing research and development, manufacturers are adopting advanced processing technologies to enhance the functionality and quality of rice starch. This includes improved extraction methods, modification techniques, and refining processes, resulting in better-performing rice starches with a wider range of applications.

Increased Focus on Functional Properties : The market is valued not only for its thickening and stabilizing properties but also for its functional attributes. Manufacturers are focusing on promoting these functional properties, such as improved texture, emulsification, and moisture retention, to cater to specific application needs in the food and non-food sectors.

 Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Rice Starch Market. The Top  10 key Players in the market are :

BENEO GmbH

Ingredion Incorporated

AGRANA Beteiligungs-AG

Bangkok Starch Industrial Co., Ltd.

Thai Flour Industry Co., Ltd

Herba Ingredients BV

Jiangxi Golden Agriculture Biotech Co., Ltd.

Sinofi

Trulux Pty ltd

Safimex Jsc

Scope of Report:

Report MetricDetails

Base Year Considered

2022

Forecast Period

2023–2030

CAGR

6.60 %

Market Size in 2030

$418.2 million

Segments Covered

By Type, By Application, By Nature




Geographies Covered

North America: Including the United States, Canada, and Mexico.

Europe: Comprising Germany, France, the United Kingdom, Italy, Spain, Russia, and the rest of Europe.

Asia-Pacific: Encompassing China, Japan, South Korea, India, Australia, New Zealand, and the rest of Asia-Pacific.

South America: Incorporating Brazil, Argentina, Chile, Colombia, and the rest of South America.

Rest of the World: Consisting of the Middle East and Africa.



Key Market Players

  1. BENEO GmbH

  2. Ingredion Incorporated

  3. AGRANA Beteiligungs-AG

  4. Bangkok Starch Industrial Co., Ltd.

  5. Thai Flour Industry Co., Ltd

  6. Herba Ingredients BV

  7. Jiangxi Golden Agriculture Biotech Co., Ltd.

  8.  Sinofi

  9. Trulux Pty ltd

  10. Safimex Jsc

For more Food and Beverage Market reports - Please click here
1. Rice Starch Market- Overview
    1.1 Definitions and Scope
2. Rice Starch Market- Executive Summary
3. Rice Starch Market- Comparative Analysis
    3.1 Company Benchmarking - Key Companies
    3.2 Global Financial Analysis - Key Companies
    3.3 Market Share Analysis - Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis
4. Rice Starch Market- Start-up Companies Scenario
    4.1 Key Start-up Company Analysis by
    4.2 Investment
    4.3 Revenue
    4.4 Venture Capital and Funding Scenario
5. Rice Starch Market– Market Entry Scenario Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Case Studies of Successful Ventures
6. Rice Starch Market- Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Challenges
    6.4 Porter's Five Force Model
    6.5 Bargaining Power of Suppliers
    6.6 Bargaining Powers of Customers
    6.7 Threat of New Entrants
    6.8 Rivalry Among Existing Players
    6.9 Threat of Substitutes
7. Rice Starch Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Rice Starch Market– By Type (Market Size – $Million/$Billion) 
    8.1 Native 
        8.1.1 Key market trends, growth factors and opportunities
        8.1.2 Market size and forecast, by region
        8.1.3 Market share analysis by country
    8.2 Modified 
        8.2.1 Key market trends, growth factors and opportunities
        8.2.2 Market size and forecast, by region
        8.2.3 Market share analysis by country
9. Rice Starch Market– By Application (Market Size – $Million/$Billion) 
    9.1 Food and Beverages
        9.1.1 Key market trends, growth factors and opportunities
        9.1.2 Market size and forecast, by region
        9.1.3 Market share analysis by country
    9.2 Pharmaceuticals
        9.2.1 Key market trends, growth factors and opportunities
        9.2.2 Market size and forecast, by region
        9.2.3 Market share analysis by country
    9.3 Cosmetics and Personal care
        9.3.1 Key market trends, growth factors and opportunities
        9.3.2 Market size and forecast, by region
        9.3.3 Market share analysis by country
    9.4 Textiles
        9.4.1 Key market trends, growth factors and opportunities
        9.4.2 Market size and forecast, by region
        9.4.3 Market share analysis by country
    9.5 Others
        9.5.1 Key market trends, growth factors and opportunities
        9.3.2 Market size and forecast, by region
        9.3.3 Market share analysis by country
10. Rice Starch Market– By Nature
    10.1 Organic
        10.1.1 Key market trends, growth factors and opportunities
        10.1.2 Market size and forecast, by region
        10.1.3 Market share analysis by country
    10.2 Conventional
        10.2.1 Key market trends, growth factors and opportunities
        10.2.2 Market size and forecast, by region
        10.2.3 Market share analysis by country
11. Rice Starch Market– by Geography (Market Size – $Million/$Billion) 
    11.1 North America
        11.1.1 The U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Russia
        11.2.7 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia-Pacific
     11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Chile
        11.4.4 Colombia
        11.4.5 Rest of South America
     11.5 Rest of the World
        11.5.1 Middle East
        11.5.2 Africa
12. Rice Starch Market– Entropy
    12.1 New Product launches
    12.2 M&A'S, Collaborations, JVs and Partnerships
13. Rice Starch Market– Industry/Segment Competition Landscape 
    13.1 Market Share Analysis
        13.1.1 Market Share by Product Type – Key Companies
        13.1.2 Market Share by Region – Key Companies
        13.1.3 Market Share by Country – Key Companies
    13.2 Competition Matrix
    13.3 Best Practices for Companies
14. Rice Starch Market– Key Company List by Country Premium Premium 
15. Rice Starch Market- Company Analysis
15.1 BENEO GmbH
15.2 Ingredion Incorporated
15.3 AGRANA Beteiligungs-AG
15.4 Bangkok Starch Industrial Co., Ltd.
15.5 Thai Flour Industry Co., Ltd
15.6 Herba Ingredients BV 
15.7 Jiangxi Golden Agriculture Biotech Co., Ltd.
15.8 Sinofi
15.9 Trulux Pty ltd
15.10 Safimex Jsc
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The Rice Starch Market is projected to grow at 6% CAGR during the forecast period 2023-2030.

Global Rice Starch Market size is estimated to reach 9.3 million by 2030.

The top players in the Rice Starch Market are BENEO GmbH, Ingredion Incorporated, AGRANA Beteiligungs-AG, Bangkok Starch Industrial Co., Ltd., Thai Flour Industry Co., LtdHerba Ingredients BV , Jiangxi Golden Agriculture Biotech Co., Ltd., Sinofi, Trulux Pty ltd, Safimex Jsc\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\r\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\n