Preference for Natural and Clean-Label Ingredients Spurring Demand for Use of Rice Starch in Food and Beverage Industry: Fact.MR Report
Fact.MR states in its new research report that the global Rice Starch Marketis expected to reach a size of US$ 1.14 billion in 2024 and further advance at a CAGR of 6.9% from 2024 to 2034.
Due to rice starch's many uses and consumers' increasing desire for natural, clean-label foods, its demand is rising globally. This plant-based starch is becoming more and more popular in a variety of industries, including food and beverages, cosmetics, and medicines.
Rice starch is highly valued in the food industry due to its smooth texture, neutral taste, and superior thickening abilities. It is now a standard ingredient in gluten-free goods, satisfying the demands of health-conscious customers. Because of its mild nature and ability to absorb oil, the cosmetics industry uses it in a variety of skincare and makeup products.
Rice starch is used as an excipient in pharmaceuticals, and its binding qualities are advantageous to the paper and textile industries. Due to its biodegradability, it is a desirable material for environmentally friendly packaging solutions that follow worldwide sustainability trends.
Popularity of rice starch is growing as more and more people look for non-GMO, hypoallergenic choices. Its acceptance across sectors is further fueled by its cost-effectiveness and flexibility to different processing conditions, which confirms its place as a crucial component in the worldwide market.
Click to Request a Sample of this Report for Additional Market Insights
https://www.factmr.com/connectus/sample?flag=S&rep_id=10248
Leading Players Driving Innovation in the Rice Starch Market:
The Key Players in the Infant Rice Starch Industry include Anhui Shunxin Shenyuan Biological Food Co. Ltd.; Aromatic UK; SACCHETTO S.p.A.; Pruthvi's Foods Private Limited.; Thai Flour Industry Co., Ltd.; Trulux Pty Ltd.; Ingredion; Tiba Starch & Glucose Manufacturing Company; A&B Ingredients; Ettlinger Corporation; Shafi Gluco Chem (Pvt.) Ltd.; Sinofi Ingredients; Safimex JSC.
Rice Starch Industry News & Trends:
Businesses that produce and provide rice starch are increasingly using facility expansions and product development as key strategies to gain market share. Customers can choose from a variety of approved products according to their preferences. Native rice starch and organic rice syrup are two new items that major companies in the rice starch market are concentrating on.
Beneo increased the drying capacity at its Wijgmaal facility in June 2023 by investing US$ 6.49 million. Meeting the growing demand for its unique rice starch additions was the aim of the venture.
It is true.In this updated study, MR offers comprehensive information on the pricing points of major global producers of rice starch, as well as sales growth, manufacturing capacity, and potential technical advancements.
Key Takeaways from Rice Starch Market Study:
- The global rice starch market is forecasted to reach a value of US$ 2.24 billion by the end of 2034.North America is estimated to hold 24.5% of the global market share in 2024.
- The East Asia market is forecasted to expand at a CAGR of 7.7% from 2024 to 2034.Demand for rice starch products in Mexico is analyzed to increase at a CAGR of 8.4% from 2024 to 2034.
- Revenue from the market in Japan is forecasted to increase at a CAGR of 8% from 2024 to 2034.Based on different starch types, the native rice starch segment is expected to reach a valuation of US$ 803 million in 2024.
- As per end uses, the cosmetics and personal care segment is projected to expand at a CAGR of 6.6% through 2034.
“Growing trend of convenience food due to busier lifestyles is driving the use of clean-label starches. This is pushing the demand for rice starch worldwide,” says Fact.MR analyst.
Rising Focus on Development of Resistant Rice Starches:
To meet the needs of the expanding number of health-conscious consumers, researchers are creating resistant rice starches with higher dietary fiber content. Convenience food and beverage manufacturers may now employ these modified starches more widely since they provide improved stability in frozen meals and acidic environments.
Rice starch nanoparticles, which have the potential for use in targeted medicine delivery systems and as cutting-edge cosmetic additives, are being made using nanotechnology. This gives producers of rice starch access to new, lucrative markets.
Get a Custom Analysis for Targeted Research Solutions:
https://www.factmr.com/connectus/sample?flag=S&rep_id=10248
Green chemical techniques and enzyme-assisted extraction are two examples of sustainable manufacturing technologies that are increasing output while lessening their negative effects on the environment. Manufacturers and customers who care about the environment are drawn to these eco-friendly procedures.
By developing biodegradable substitutes for traditional plastics, advances in rice starch-based bioplastics are capturing a portion of the growing market for sustainable packaging.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the rice starch market for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study divulges essential insights into the market based on type (native rice starch, modified rice starch), nature (organic rice starch, conventional rice starch), and end use (cosmetics & personal care, food & beverages, pharmaceuticals, animal feed, paper), across seven major regions of the world (North America, Western Europe, Eastern Europe, East Asia, Latin America, South Asia & Pacific, and MEA).
Explore More Related Studies Published by Fact.MR Research:
Surimi By-Products Market is estimated to reach a valuation of US$ 1,200.0 million in 2023. The global revenue are estimated to grow at health CAGR of 7.5% during 2023 to 2033
Marine Supplements Market is valued about US$ 6,635.4 million in 2023. The United States is expected to have a market share of 27.6% by the end of 2033.
Zero Proof Spirit Market is currently worth of US$ 114.5 million in 2023. The global revenue is projected to grow at a CAGR of 9% during 2023 to 2033
Soy Sauce Powder Market is expanding from an estimated $352.9 million in 2024 to a colossal $602.8 million by 2034, fueled by an impressive CAGR of 5.7%
Natural Health Supplement Market is expanding from an estimated $58.27 Bn in 2024 to a colossal $121.76 Bn by 2034, fueled by 7.6% CAGR.
The global Bulgur Market is expanding from an estimated $1.26 billion in 2024 to a colossal $2.14 billion by 2034, fueled by a 5.4% CAGR.
Coir Market is expanding from an estimated $621.2 million in 2024 to a colossal $987.4 million by 2034, fueled by an 4.7% CAGR.
The global Rock Candy Market will reach US$ 712.3 million by 2024, exhibiting a strong CAGR of 3.6% to surpass US$ 1,012.1 million valuation through 2034.