Asia Pacific Rice Flour Market Forecast to 2030

According to the research team’ research, the Asia Pacific rice flour market was valued at US$ 453.89 million in 2023 and is expected to reach US$ 626.43 million by 2030, registering a CAGR of 4.7% from 2023 to 2030. Strategic initiatives by key market players and governments and growing demand for organic rice flour are among the critical factors attributed to the Asia Pacific rice flour market expansion.

Rice flour manufacturers worldwide are investing significantly in strategic development initiatives such as product innovation, mergers & acquisitions, and business expansion to attract consumers and enhance their market position. In October 2021, Cargill launched a rice flour-based maltodextrin substitute, which can be used as a one-to-one replacement for maltodextrin and can also improve mouthfeel.

With the increasing awareness regarding the benefits of a gluten-free diet, consumers are adopting products with gluten-free ingredients. To cater to the demand from consumers, manufacturers are incorporating healthy and gluten-free ingredients into their products. Moreover, governments of various countries are taking significant initiatives to develop products with rice flour as a major ingredient. For instance, in April 2023, the Ministry of Agriculture, Food, & Rural Affairs (MAFRA), South Korea, moved to the next step of its national ‘Rice Product Development Project’ in collaboration with 15 major local food and beverage firms and is planning to create 19 new rice-based products this year. Thus, product launches and supportive initiatives by government bodies are influencing the growth of the rice flour market.

On the contrary, fluctuating prices hampers the Asia Pacific rice flour market.

Based on type, the Asia Pacific rice flour market is bifurcated into white rice flour and brown rice flour. The white rice flour segment held 66.6% share of Asia Pacific rice flour market in 2023, amassing US$ 302.50 million. It is projected to garner US$ 413.73 million by 2030 to expand at 4.6% CAGR during 2023-2030.

Based on category, the Asia Pacific rice flour market is segmented into organic and conventional. The conventional segment held 82.0% share of Asia Pacific rice flour market in 2023, amassing US$ 372.28 million. It is projected to garner US$ 507.98 million by 2030 to expand at 4.5% CAGR during 2023-2030.

Based on application, the Asia Pacific rice flour market is segmented into bakery and confectionery, beverages, sweet and savory snacks, baby food, breakfast cereals and others. The bakery and confectionery segment held 33.2% share of Asia Pacific rice flour market in 2023, amassing US$ 150.60 million. It is projected to garner US$ 204.44 million by 2030 to expand at 4.5% CAGR during 2023-2030.

Based on country, the Asia Pacific rice flour market has been categorized into the Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that the Rest of Asia Pacific captured 37.0% share of Asia Pacific rice flour market in 2023. It was assessed at US$ 167.71 million in 2023 and is likely to hit US$ 221.30 million by 2030, exhibiting a CAGR of 4.0% during 2023-2030.

Key players operating in the Asia Pacific rice flour market are Ebro Foods SA, Ingredion Inc, Kroner-Starke GmBH, Naturis SpA, and Archer-Daniels-Midland Co, among others.

1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Asia Pacific Rice Flour Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.4.1 Raw Materials
4.4.2 Manufacturing Process
4.4.2.1 Cleaning
4.4.2.2 Husking
4.4.2.3 Paddy Separation
4.4.2.4 Milling
4.4.3 Distributors/Suppliers:
4.4.4 End Users
5. Asia Pacific Rice Flour Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Awareness Regarding Nutritional Benefits of Rice Flour
5.1.2 Strategic Initiatives by Key Market Players and Governments
5.2 Market Restraints
5.2.1 Fluctuating Prices
5.3 Market Opportunities
5.3.1 Increasing Popularity of Gluten-Free Products
5.4 Future Trends
5.4.1 Growing Demand for Organic Rice Flour
5.5 Impact Analysis of Drivers and Restraints
6. Rice Flour – Asia Pacific Market Analysis
6.1 Asia Pacific Rice Flour Market Overview
6.2 Asia Pacific Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
7. Asia Pacific Rice Flour Market Analysis – By Type
7.1 Overview
7.2 Asia Pacific Rice Flour Market, By Type (2022 and 2030)
7.3 White Rice Flour
7.3.1 Overview
7.3.2 White Rice Flour: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Brown Rice Flour
7.4.1 Overview
7.4.2 Brown Rice Flour: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Rice Flour Market Analysis – By Category
8.1 Overview
8.2 Asia Pacific Rice Flour Market, By Category (2022 and 2030)
8.3 Organic
8.3.1 Overview
8.3.2 Organic: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Rice Flour Market Analysis – By Application
9.1 Overview
9.2 Asia Pacific Rice Flour Market, By Application (2022 and 2030)
9.3 Bakery and Confectionery
9.3.1 Overview
9.3.2 Bakery and Confectionery: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Beverages
9.4.1 Overview
9.4.2 Beverages: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Sweet and Savory Snacks
9.5.1 Overview
9.5.2 Sweet and Savory Snacks: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
9.6 Baby Food
9.6.1 Overview
9.6.2 Baby Food: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
9.7 Breakfast Cereals
9.7.1 Overview
9.7.2 Breakfast Cereals: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Rice Flour Market – Country Analysis
10.1 Overview
10.1.1 Asia Pacific: Rice Flour Market, by Key Country
10.1.1.1 Australia: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
10.1.1.1.1 Australia: Rice Flour Market, By Type
10.1.1.1.2 Australia: Rice Flour Market, by Category
10.1.1.1.3 Australia: Rice Flour Market, by Application
10.1.1.2 China: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 China: Rice Flour Market, By Type
10.1.1.2.2 China: Rice Flour Market, by Category
10.1.1.2.3 China: Rice Flour Market, by Application
10.1.1.3 Japan: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 Japan: Rice Flour Market, By Type
10.1.1.3.2 Japan: Rice Flour Market, by Category
10.1.1.3.3 Japan: Rice Flour Market, by Application
10.1.1.4 India: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 India: Rice Flour Market, by Type
10.1.1.4.2 India: Rice Flour Market, by Category
10.1.1.4.3 India: Rice Flour Market, by Application
10.1.1.5 South Korea: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
10.1.1.5.1 South Korea: Rice Flour Market, By Type
10.1.1.5.2 South Korea: Rice Flour Market, by Category
10.1.1.5.3 South Korea: Rice Flour Market, by Application
10.1.1.6 Rest of Asia Pacific: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
10.1.1.6.1 Rest of Asia Pacific: Rice Flour Market, By Type
10.1.1.6.2 Rest of Asia Pacific: Rice Flour Market, by Category
10.1.1.6.3 Rest of Asia Pacific: Rice Flour Market, by Application
11. Company Profiles
11.1 Ebro Foods SA
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Ingredion Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Kroner-Starke GmbH
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Naturis SpA
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Archer-Daniels-Midland Co
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
12. Appendix
12.1 About Research Team
12.2 Word Index

Table 1. Asia Pacific Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
Table 2. Australia Rice Flour Market, By Type- Revenue and Forecast to 2030 (US$ Million)
Table 3. Australia Rice Flour Market, by Category- Revenue and Forecast to 2030 (US$ Million)
Table 4. Australia Rice Flour Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 5. China Rice Flour Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 6. China Rice Flour Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 7. China Rice Flour Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 8. Japan Rice Flour Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 9. Japan Rice Flour Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 10. Japan Rice Flour Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 11. India Rice Flour Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 12. India Rice Flour Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 13. India Rice Flour Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 14. South Korea Rice Flour Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 15. South Korea Rice Flour Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 16. South Korea Rice Flour Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 17. Rest of Asia Pacific Rice Flour Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 18. Rest of Asia Pacific Rice Flour Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 19. Rest of Asia Pacific Rice Flour Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 20. List of Abbreviation

Figure 1. Asia Pacific Rice Flour Market Segmentation
Figure 2. Asia Pacific Rice Flour Market Segmentation – By Country
Figure 3. Asia Pacific Rice Flour Market Overview
Figure 4. White Rice Flour Segment Held the Largest Market Share in 2022
Figure 5. China Held the Largest Market Share in 2022
Figure 6. Porter’s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Ecosystem: Asia Pacific Rice Flour Market
Figure 9. Asia Pacific Rice Flour Market Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Asia Pacific Rice Flour Market Revenue Share, By Type (2022 and 2030)
Figure 12. White Rice Flour: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Brown Rice Flour: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Asia Pacific Rice Flour Market Revenue Share, By Category (2022 and 2030)
Figure 15. Organic: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Conventional: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Asia Pacific Rice Flour Market Revenue Share, By Application (2022 and 2030)
Figure 18. Bakery and Confectionery: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Beverages: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Sweet and Savory Snacks: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Baby Food: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Breakfast Cereals: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Others: Asia Pacific Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Asia Pacific Rice Flour Market Revenue Share, By Revenue (2022) (Million)
Figure 25. Asia Pacific: Rice Flour Market Revenue Share, by Key Country (2022 and 2030)
Figure 26. Australia: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
Figure 27. China: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
Figure 28. Japan: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
Figure 29. India: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
Figure 30. South Korea: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
Figure 31. Rest of Asia Pacific: Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)