Rice Flour Market | Popularity of RTE Products to Drive Growth 

Technavio has been monitoring the rice flour market and it is expected to grow by 6.55 Million Tons, accelerating at a CAGR of almost 4% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Rice Flour Market: Emerging Trends to Impact Market Growth

Increasing acceptance of "ready-to-eat" products among consumers to emerge as a key trend in the industrial rice flour market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Growth by the bakery and confectionery segment has been significant  This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Rice Flour Market: Vendor Analysis

The market is concentrated due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Archer Daniels Midland Co., Ardent Mills Co., Associated British Foods Plc, BELOURTHE SA, Bob's Red Mill Natural Foods Inc., General Mills Inc., Ingredion Inc., Pornkamon Rice Flour Mills Co. Ltd., Thai Flour Co.Ltd, and Woodland Foods Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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Browse through some of other related market research reports for more insights:

• Packaged Rice Snacks Market in US: Packaged Rice Snacks Market in US is set to grow by $ 54.71 million, and the market will progress at a CAGR of over 4.02% till 2025.
• Packaged Rice Snacks Market in China: The packaged rice snacks market in China is expected to grow by $ 413.89 million, accelerating at a CAGR of almost 4.03% during the forecast period.
• Gluten-free Food Market: The gluten-free food market is expected to grow by $ 3.35 billion, accelerating at a CAGR of almost 8.35% during the forecast period.
• Rice Noodles Market in APAC: Technavio has been monitoring the rice noodles market in APAC it is expected to grow by $ 900.65 million, accelerating at a CAGR of almost 6.11% during the forecast period.
• Rice Cakes Market: The Global Rice cakes market is expected to grow by $ 540.61 million, accelerating at a CAGR of 4.06% till 2025.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will accelerate at a CAGR of about 4%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by 6.55 mn t through 2020-2024.
    
3. What is a key factor driving this market?
   Rising awareness and demand for gluten-free products will drive market growth over the forecast period.                                                             
4. What are the key regions covered in this market research report?
   North America, APAC, Europe, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   43% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Archer Daniels Midland Co., Ardent Mills Co., Associated British Foods Plc, BELOURTHE SA, Bob's Red Mill Natural Foods Inc., General Mills Inc., Ingredion Inc., Pornkamon Rice Flour Mills Co. Ltd., Thai Flour Co.Ltd, and Woodland Foods Ltd.
    
7. What are the market segments covered in this report?
   The market is segmented by Application (Bakery and confectionery, Breakfast food, Baby food, and Others) and Geography (North America, APAC, Europe, South America, and MEA)