Rice Starch Market

Rice Starch Market Study by Native and Modified for Cosmetics & Personal Care, F&B, Pharmaceuticals, Animal Feed, and Paper from 2024 to 2034

Analysis of Rice Starch Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Rice Starch Market Outlook (2024 to 2034)

As per a new study compiled by expert analysts at Fact.MR, the global rice starch market is estimated to reach a value of US$ 1.14 billion in 2024 and thereafter advance at a CAGR of 6.9% to end up at US$ 2.24 billion by 2034.

Rice starch is one of the most commonly used cereal starches because of its excellent functional properties. In recent years, there has been tremendous advancement in the characterization of rice starches isolated from different cultivars. Research has shown that the molecular structure and functional characteristics of rice are influenced by its germplasm, isolation method, climate, agronomic conditions, and grain development.

According to morphological investigations (microscopy and particle size analysis), there are substantial differences in the sizes (2 to 7 m) and shapes (polyhedral, irregular) of rice starch granules. Nonwaxy and long-grain rice starches show more granular size variation than waxy rice starches. Rice starch granules are smaller than those of other cereal starches, and the amylose content of waxy and long-grain rice starches varies from almost none to over 35 percent.

Rice starch is converted into useful functional molecules such as fructose, maltose syrups, wine, glucose, and trehalose. Furthermore, bioethanol, a biofuel that can partially replace energy in petroleum and other fossil fuels, can be made from rice starch. Additionally, rice starch is also commonly used in the making of rice wine. Rice wine, also known as Chinese rice or yellow wine, is one of the earliest alcoholic beverages known to man and has long been a favorite in countries such as China, Japan, Korea, and other Asian regions.

The market for rice starch, which is well-known for its abilities as a flexible thickening agent and texture enhancer, is being driven by the increasing demand for processed and convenience meals around the world. Rice starch adds the right texture and stability to baked items, soups, sauces, and sweets. The need for ready-to-eat and simple-to-prepare meals is driving up the use of rice starch as a key ingredient, which is expanding the rice starch market size.

Market expansion is also being driven by rice starch's increasing uses outside of the food sector. It is a multipurpose component in medicines that can be used as a filler, disintegrant, and binder in tablet formulations. Its thickening properties improve the texture of creams, lotions, and powders that are used in cosmetics. Furthermore, the textile sector depends on rice starch for applications such as finishing, printing, and sizing, which has broadened its market demand and expansion prospects.

Report Attribute Detail
Rice Starch Market Size (2024E) US$ 1.14 Billion
Forecasted Market Value (2034F) US$ 2.24 Billion
Global Market Growth Rate (2024 to 2034) 6.9% CAGR
Canada Market Growth Rate (2024 to 2034) 7.7% CAGR
China Market Value (2034F) US$ 409.5 Million
North America Market Share (2024E) 24.5%
East Asia Market Share (2034F) 25.2%
Key Companies Profiled 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.

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Which Market Factors are Benefitting Rice Starch Producers?

“Growing Popularity of Processed Food Worldwide”

Since lifestyles are getting busier, demand for convenience food products has expanded substantially over time. This has led to an increase in the use of clean-label starch in several ready-to-mix food products. Amylose-to-amylopectin ratios have an impact on the gelling, binding, and thickening of starch. Adjustments to these ratios can be made as needed using different breeding strategies. As such, starch is being used more while preparing convenience foods.

Food producers are leveraging new technologies and creating innovative processing techniques in response to the growing consumer demand for quick, wholesome, and useful foods. Diets that are sustainable and organic are becoming more as consumer trends. More consumers are selecting sustainably produced food items as they realize how crucial it is to lead healthy lives. The market for organic food components is being driven by the advantages that chemical-free products offer to health and wellbeing, which, in turn, is augmenting global rice starch market growth.

“Rice Starch Suppliers Focusing on Vegan Consumers”

An increasingly common vegan substitute for standard powdered gelatin is modified rice starch. Rice starch imparts soups and sauces with a silky, creamy texture. Protein and fiber residue are produced in substantial amounts during the extraction of rice starch. In addition, several businesses in this industry are concentrating on introducing organic products to attract more customers.

Low-fat dairy drinks also have a rich, creamy flavor and a smooth texture. While maintaining a rich fruity flavor, modified and clean-label rice starch gives dairy fruit products the stability and smoothness that is desired by everyone.

What is Preventing Rice Starch Suppliers from Maximizing Their Profits?

“Fluctuations in Raw Material Prices Coupled with Immense Competition”

Production of rice starch is being hampered by the price volatility of raw materials such as rice, which is being influenced by weather patterns, changes in demand, and geopolitical events. Inability of manufacturers to control these factors is hindering their capacity to offer competitive prices. These factors are compromising market stability and profitability.

Rice starch manufacturers are challenged by other starch sources such as corn, wheat, and potatoes. Rice starch demand growth is being adversely affected by price changes and supply chain interruptions in these rival sources, which is impeding market expansion.

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Country-wise Insights

Leading countries in this market include the United States, China, Japan, and South Korea. Increasing adoption of veganism is a key rice starch market trend that is benefiting companies operating in these countries.

How is the United States Emerging as a Profitable Market for Rice Starch?

“Ever-Increasing Consumption of Ready-to-Eat Meals”

Attribute United States
Market Value (2024E) US$ 223.3 Million
Growth Rate (2024 to 2034) 5.9% CAGR
Projected Value (2034F) US$ 397.7 Million

Growing need for quick and simple meals has led to the higher use of rice starch as an essential ingredient in processed and convenience foods. This trend is particularly evident in the United States, where the consumption of rice starch has risen in several processed food products due to busy lifestyles and the high demand for quick meal options. These include microwaveable meals, instant soups, prepared meals, and other convenience food products.

Rice starch is being used to add texture, stability, and thickening to food products, thereby satisfying the needs of consumers who are looking for quick, yet satisfying dining options.

What is Attracting the Attention of Rice Starch Manufacturers to China?

“Rising Demand for Food Products Complying with International Standards”

Attribute China
Market Value (2024E) US$ 198.9 Million
Growth Rate (2024 to 2034) 7.5% CAGR
Projected Value (2034F) US$ 409.5 Million

Rising demand for rice starch in China is largely due to the food industry's rapid growth and increasing food exports. High-quality food products that satisfy international standards are more in demand as the country’s food exports grow. Backed by its many useful qualities, rice starch is being used more in food processing to improve the overall quality, texture, and stability of food products that are meant for export purposes.

Category-wise Analysis

The market is categorized into types of rice starch and end uses. Among all the end uses, suppliers are focusing on the food and beverage industry for increased sales.

Which Type of Rice Starch Accounts for Significant Sales?

“Growing Demand for Native Rice Starch”

Attribute Native Rice Starch
Segment Value (2024E) US$ 803 Million
Growth Rate (2024 to 2034) 6.8% CAGR
Projected Value (2034F) US$ 1.56 Billion

Growing demand for native rice starch is being driven by its several benefits. It is used for improving texture in many food products, to provide exceptional stability in high-temperature operations, and to function as a versatile thickening agent. Its balanced taste and natural white hue also make it ideal for a variety of other uses. This is why the native variety occupies a significant rice starch market share and is projected to expand 2X over the next ten years.

Which End User Will Provide Lucrative Market Opportunities?

“Extensive Use of Rice Starch in Food and Beverage Industry”

Attribute Food & Beverage Industry
Segment Value (2024E) US$ 402 Million
Growth Rate (2024 to 2034) 6.9% CAGR
Projected Value (2034F) US$ 782 Million

There are huge prospects for rice starch manufacturers in the food and beverage industry. Rice starch has gained popularity as a key component in a variety of food and beverage products because of its many uses and useful qualities. The industry's inclination toward natural and clean-label ingredients is a key reason for this increase in demand, which is set to be a rice starch market trend that will influence this business landscape for many years more.

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Competition Landscape

Product development and facility expansions are becoming essential tactics for businesses producing and supplying rice starch to carve out more market share. Customers can select from a range of certified items based on their interests. Key players in the rice starch market are focusing on new products such as organic rice syrup and native rice starch.

  • Beneo invested US$ 6.49 million in June 2023 to expand the drying capacity at its Wijgmaal facility. The purpose of the investment was to meet the increasing demand for its specialty rice starch additives.

Fact.MR provides detailed information about the price points of key rice starch manufacturers positioned across the world, sales growth, production capacity, and speculative technological expansion, in this updated rice starch market report.

Key Segments of Rice Starch Market Research

  • By Type :

    • Native Rice Starch
    • Modified Rice Starch
  • By Nature :

    • Organic Rice Starch
    • Conventional Rice Starch
  • By End Use :

    • Cosmetic & Personal Care
    • Food & Beverages
      • Dairy Products
      • Bakery
      • Soups, Sauces & Dressings
      • Infant Formula
      • Convenience Foods
      • Snacks & Confectionary
      • Beverages
      • Others
    • Pharmaceutical
    • Animal Feed
    • Paper
  • By Region :

    • North America
    • Latin America
    • Eastern Europe
    • Western Europe
    • East Asia
    • South Asia & Pacific
    • Middle East & Africa

- FAQs -

How big is the rice starch market in 2024?

The global market for rice starch is expected to reach US$ 1.14 billion in 2024.

What are the market estimations for rice starch for the next 10 years?

Revenue from the sales of rice starch is foreseen to reach US$ 2.24 billion by the end of 2034.

At what rate is the global market projected to expand?

The rice starch market is foreseen to expand at a CAGR of 6.9% between 2024 and 2034.

How is the market for rice starch estimated to perform in Mexico?

The market in Mexico is projected to advance at a CAGR of 8.4% between 2024 and 2034.

What is the market situation for rice starch in South Korea?

The S. Korea market is forecasted to reach a value of US$ 55.9 million by the end of 2034.

Who are the leading manufacturers of rice starch?

Key market players are Aromatic UK, SACCHETTO S.p.A., and Pruthvi's Foods Private Limited.

What are the projections for the cosmetics end-use segment?

The cosmetic and personal care segment is estimated to be valued at US$ 285 million in 2024.

- Also of Interest -

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Tapioca Starch Market Analysis by Source (Bitter Cassava, Sweet Cassava Tapioca Starch), by Form (Tapioca Pearls, Flour, Granules, Flakes, Pellets, Syrup), by Application, by Region - Global Forecast 2022-2032

Native Starch Market

Native Starch Market Study by Corn, Wheat, Potatoes, Tapioca, and Others for Food & Beverages, Paper, and Feed from 2024 to 2034

Rice Flour Market

Rice Flour Market Analysis by Medium & Short Grain, Long Grain, and Pre-Gelatinized for Bakery & Confectionery, Baby Foods, and Breakfast Solutions from 2023 to 2033

Rice Syrup Market

Rice Syrup Market Analysis by Product Type (Conventional, Organic Rice Syrup), by Dextrose Equivalent (28 DE, 42 DE, 45 DE, 60 DE), by Source (White Rice, Brown Rice), by Function, by Maltose Content, by Form, by Application & Regional Forecast 2022-2032

Rice Starch Market

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