North America Rice Flour Market Forecast to 2030
North America Rice Flour Market Forecast to 2030 – Regional Analysis – by Type (White Rice Flour and Brown Rice Flour), Category (Organic and Conventional), and Application (Bakery and Confectionery; Beverages; Sweet and Savory Snacks; Baby Food; Breakfast Cereals; and Others)
$2,485 – $3,885
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
- Reviews (0)
Description
Increasing Popularity of Gluten-Free Products Fuel the North America Rice Flour Market
The rising prevalence of celiac disease and unhealthy lifestyles is expected to boost the demand for gluten-free products, which in turn is surging the demand of rice flour in the food and beverage industry as rice flour is naturally gluten-free. According to the Celiac Disease Foundation, in the 21st century, the incidence of celiac disease was higher among women and children than men. The incidence of celiac disease among women was 17.4 per 100,000 person-years, compared to 7.8 per 100,000 person-years among men. Celiac disease incidence among children was 21.3 per 100,000 person-years, compared to 12.9 per 100,000 person-years in adults. The research study from Celiac Disease Foundation shows that these incidence rates are increasing, with an average increase of 7.5% yearly over the past several decades. Thus, the increasing incidence of celiac disease has indirectly propelled the demand for rice flour.
Rice flour acts as a substitute for wheat flour in gluten-free products. The consumption of healthy food products to prevent health disorders, such as heart disease, obesity, diabetes, chronic pulmonary disease, and metabolic syndrome, is expected to boost the demand for gluten-free products. As more individuals adopt a gluten-free diet to improve their lifestyle or due to their existing medical conditions, the manufacturers are expanding their product portfolio by launching gluten-free products which include the use of rice flour. Thus, the rising popularity of gluten-free products is expected to offer lucrative growth opportunities for the North America rice flour market.
North America Rice Flour Market Overview
The North America rice flour market is categorized into the US, Canada, and Mexico. The bakery industry is one of the most significant industries in North America, as bakery products are considered a staple food. According to the American Bakers Association, the bakery industry in the US has an average annual turnover of US$ 154 billion. Due to a hectic lifestyle and increasing preference for convenience food, the demand for cookies, cakes, pastries, muffins, and other bakery products is also rising. As the bakery industry is one of the major end users of rice flour, the market for rice flour is expected to grow in the coming years.
Moreover, in North America, consumers are increasingly adopting a gluten-free diet owing to the shift in food consumption trends and inclination toward a healthy lifestyle. Rice flour is majorly used as a substitute for wheat flour in gluten-free products, which can boost its demand among end-use industries in the coming years. Also, the favorable regulatory framework and initiatives by the Food and Drug Administration (FDA) to promote gluten-free diets and boost subsidy allocations are anticipated to fuel the rice flour market growth over the forecast period.
Further, manufacturers are investing in novel product development and launches to cater to the increasing demand among application industries. For instance, in November 2021, Cargill, Inc., a US-based company, launched a soluble rice flour, SimPure 92260, that exhibits similar taste, texture, and functionality as maltodextrin—an ingredient commonly used as a bulking agent and flavor carrier. Such product development by key market players is expected to drive market growth in the region during the forecast period.
North America Rice Flour Market Revenue and Forecast to 2030 (US$ Million)
North America Rice Flour Market Segmentation
The North America rice flour market is segmented into type, category, application, and country.
Based on type, the North America rice flour market is segmented into white rice flour and brown rice flour. The white rice flour segment held a larger share of the North America rice flour market in 2023.
Based on category, the North America rice flour market is segmented into organic and conventional. The conventional segment held a larger share of the North America rice flour market in 2023.
Based on application, the North America rice flour market is segmented into bakery and confectionery, beverages, sweet and savory snacks, baby food, breakfast cereals, and others. The bakery and confectionery centers segment held largest share of the North America rice flour market in 2023.
Based on country, the North America rice flour market is segmented int o the US, Canada, and Mexico. The US dominated the North America rice flour market in 2023.
Archer-Daniels-Midland Co, Ardent Mills LLC, Bay State Milling Co, Bob’s Red Mill Natural Food Inc, Capitol Food Co, Ebro Foods SA, Gulf Pacific Rice Co Inc, Hometown Food Co, Ingredion Inc, Koda Farms Inc, Kroner-Starke GmBH, Naturis SpA, PGP International Inc, and Western Foods LLC are some of the leading companies operating in the North America rice flour market.
Summary Info
| Industry: | |
|---|---|
| Pricing options: | |
| Geographical coverage: | |
| Year of Publication: |
According to the research team’ research, the North America Rice Flour market was valued at US$ 302.47 million in 2023 and is expected to reach US$ 480.72 million by 2030, registering a CAGR of 6.8% from 2023 to 2030. Growing demand for organic rice flour and increasing popularity of gluten-free products are among the critical factors attributed to the North America rice flour market expansion.
Organic and Fairtrade-certified rice flour has been witnessing strong demand in the regional market owing to consumer inclination toward safer and healthier products that help maintain overall health. Further, there has been an abrupt increase in sales of rice flour that are both fairtrade and organic-certified. The rising preference for pesticide-free food products positively affects the demand for organically grown rice commodities.
The increasing popularity and acceptance of organic rice flour is one of the significant trends in the regional market. Organic rice flour is made from organically grown rice cultivated as per the rules & guidelines provided by the authorized organizations. Organic rice is cultivated without chemicals, pesticides, synthetic fertilizers, or other harmful agents. An increase in consumer awareness about organic products and strong public support for developing natural and nutritionally rich products are driving the demand for organically grown rice. Further, the demand for organic rice flour is increasing among various application industries such as bakery & confectionery, sweet & savory products, beverages, and baby food. Thus, the escalating demand for organic rice flour is expected to positively influence the rice flour market growth during the forecast period.
On the contrary, fluctuating prices hampers the North America rice flour market.
Based on type, the North America rice flour market is bifurcated into white rice flour and brown rice flour. The white rice flour segment held 70.9% share of North America rice flour market in 2023, amassing US$ 214.46 million. It is projected to garner US$ 336.24 million by 2030 to expand at 6.6% CAGR during 2023-2030.
Based on category, the North America rice flour market is segmented into organic and conventional. The conventional segment held 79.8% share of North America rice flour market in 2023, amassing US$ 241.25 million. It is projected to garner US$ 381.89 million by 2030 to expand at 6.8% CAGR during 2023-2030.
Based on application, the North America 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 37.4% share of North America rice flour market in 2023, amassing US$ 112.98 million. It is projected to garner US$ 177.96 million by 2030 to expand at 6.7% CAGR during 2023-2030.
Based on country, the North America rice flour market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 71.5% share of North America rice flour market in 2023. It was assessed at US$ 216.36 million in 2023 and is likely to hit US$ 337.61 million by 2030, exhibiting a CAGR of 6.6% during 2023-2030.
Key players operating in the North America rice flour market are Archer-Daniels-Midland Co, Ardent Mills LLC, Bay State Milling Co, Bob’s Red Mill Natural Food Inc, Capitol Food Co, Ebro Foods SA, Gulf Pacific Rice Co Inc, Hometown Food Co, Ingredion Inc, Koda Farms Inc, Kroner-Starke GmBH, Naturis SpA, PGP International Inc, and Western Foods LLC, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America rice flour market.
o Highlights key in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America rice flour market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
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. North America 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. North America 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 – North America Market Analysis
6.1 North America Rice Flour Market Overview
6.2 North America Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
7. North America Rice Flour Market Analysis – By Type
7.1 Overview
7.2 North America Rice Flour Market, By Type (2022 and 2030)
7.3 White Rice Flour
7.3.1 Overview
7.3.2 White Rice Flour: North America 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: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Rice Flour Market Analysis – By Category
8.1 Overview
8.2 North America Rice Flour Market, By Category (2022 and 2030)
8.3 Organic
8.3.1 Overview
8.3.2 Organic: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Rice Flour Market Analysis – By Application
9.1 Overview
9.2 North America Rice Flour Market, By Application (2022 and 2030)
9.3 Bakery and Confectionery
9.3.1 Overview
9.3.2 Bakery and Confectionery: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Beverages
9.4.1 Overview
9.4.2 Beverages: North America 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: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
9.6 Baby Food
9.6.1 Overview
9.6.2 Baby Food: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
9.7 Breakfast Cereals
9.7.1 Overview
9.7.2 Breakfast Cereals: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
10. North America Rice Flour Market – Country Analysis
10.1 Overview
10.1.1 North America: Rice Flour Market, by Key Country
10.1.1.1 US: Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.1.1 US: Rice Flour Market, By Type
10.1.1.1.2 US: Rice Flour Market, by Category
10.1.1.1.3 US: Rice Flour Market, by Application
10.1.1.2 Canada: Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 Canada: Rice Flour Market, By Type
10.1.1.2.2 Canada: Rice Flour Market, by Category
10.1.1.2.3 Canada: Rice Flour Market, by Application
10.1.1.3 Mexico: Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 Mexico: Rice Flour Market, By Type
10.1.1.3.2 Mexico: Rice Flour Market, by Category
10.1.1.3.3 Mexico: Rice Flour Market, by Application
11. Company Profiles
11.1 PGP International Inc
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 Ebro Foods SA
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 Western Foods LLC
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 Ingredion Inc
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 Kroner-Starke GmbH
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
11.6 Capitol Food Co
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Ardent Mills LLC
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Bay State Milling Co
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Bob\’s Red Mill Natural Foods Inc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Gulf Pacific Rice Co Inc
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
11.11 Naturis SpA
11.11.1 Key Facts
11.11.2 Business Description
11.11.3 Products and Services
11.11.4 Financial Overview
11.11.5 SWOT Analysis
11.11.6 Key Developments
11.12 Hometown Food Co
11.12.1 Key Facts
11.12.2 Business Description
11.12.3 Products and Services
11.12.4 Financial Overview
11.12.5 SWOT Analysis
11.12.6 Key Developments
11.13 Koda Farms Inc
11.13.1 Key Facts
11.13.2 Business Description
11.13.3 Products and Services
11.13.4 Financial Overview
11.13.5 SWOT Analysis
11.13.6 Key Developments
11.14 Archer-Daniels-Midland Co
11.14.1 Key Facts
11.14.2 Business Description
11.14.3 Products and Services
11.14.4 Financial Overview
11.14.5 SWOT Analysis
11.14.6 Key Developments
12. Appendix
12.1 About Research Team
12.2 Word Index
LIST OF TABLES
Table 1. North America Rice Flour Market -Revenue and Forecast to 2030 (US$ Million)
Table 2. US Rice Flour Market, Type – Revenue and Forecast to 2030 (US$ Million)
Table 3. US Rice Flour Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 4. US Rice Flour Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 5. Canada Rice Flour Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 6. Canada: Rice Flour Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 7. Canada Rice Flour Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 8. Mexico Rice Flour Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 9. Mexico Rice Flour Market, by Category – Revenue and Forecast to 2030 (US$ Million)
Table 10. Mexico Rice Flour Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Rice Flour Market Segmentation
Figure 2. North America Rice Flour Market Segmentation – By Country
Figure 3. North America Rice Flour Market Overview
Figure 4. White Rice Flour Segment Held the Largest Market Share in 2022
Figure 5. US Held the Largest Market Share in 2022
Figure 6. Porter\’s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Ecosystem: North America Rice Flour Market
Figure 9. North America Rice Flour Market Impact Analysis of Drivers and Restraints
Figure 10. North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. North America Rice Flour Market Revenue Share, By Type (2022 and 2030)
Figure 12. White Rice Flour: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Brown Rice Flour: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. North America Rice Flour Market Revenue Share, By Category (2022 and 2030)
Figure 15. Organic: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Conventional: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. North America Rice Flour Market Revenue Share, By Application (2022 and 2030)
Figure 18. Bakery and Confectionery: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Beverages: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Sweet and Savory Snacks: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Baby Food: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. Breakfast Cereals: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Others: North America Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. North America Rice Flour Market Revenue (2022)
Figure 25. North America: Rice Flour Market Revenue Share, by Key Country (2022 and 2030)
Figure 26. US: Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. Canada: Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
Figure 28. Mexico: Rice Flour Market – Revenue and Forecast to 2030 (US$ Million)
The List of Companies – North America Rice Flour Market
1. Archer-Daniels-Midland Co
2. Ardent Mills LLC
3. Bay State Milling Co
4. Bobs Red Mill Natural Food Inc
5. Capitol Food Co
6. Ebro Foods SA
7. Gulf Pacific Rice Co Inc
8. Hometown Food Co
9. Ingredion Inc
10. Koda Farms Inc
11. Kroner-Starke GmBH
12. Naturis SpA
13. PGP International Inc
14. Western Foods LLC
You must be logged in to post a review.
Reviews
There are no reviews yet.