Scope of the Study
Organic rice is widely used in various products such as organic wheat flour, organic corn flour, organic rice flour, among others. Organic rice flour offers a variety of health benefits such as reduce body weight, protect against heart disease, it can help lower blood sugar levels and others. Increasing usage of organic rice in various application and increasing consumption of convenience, as well as Healthy Food Products, are likely to be a major driver for the global organic rice market over the forecast period.
The market study is being classified by Type (Rice Flour, Brown Rice Flour, Glutinous Rice Flour and Other), by Application (Rice Noodle and Rice Pasta, Sweets and Desserts, Snacks, Bread and Thickening Agent) and major geographies with country level break-up.
Bob's Red Mill Natural Foods Inc. (United States), Eden Foods, Inc. (United States), Shipton Mill Ltd. (United Kingdom), Sresta Natural Bioproducts Pvt. Ltd. (India), The Hain Celestial Group Inc. (United States), Firebird Mills (United States), Shipton Mill Ltd (United Kingdom), Beneo GmbH (Germany), PP FOODS (India) and Nutriseed (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Aryan International (India), La Milanaise (United States) and S.A. Rice Mills Pvt Ltd (India).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Organic Rice Flour market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Organic Rice Flour market by Type, Application and Region.
On the basis of geography, the market of Organic Rice Flour has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia-Pacific region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Sales channel, the sub-segment i.e. Hypermarket will boost the Organic Rice Flour market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Awareness about Gluten-Free Food Products and Upsurge in Demand for Premium Food Products
- Increasing Consumption of Convenience as well as Healthy Food Products
- Rising Number of Customer from Online Channel
- Stringent Government Regulations as well as Volatile Commodity Prices
- Growing Demand from Emerging Market such as China, India, Brazil, among others
- Government Initiatives to Promote Organic Rice Flour Market
- Lack of Infrastructure as well as Technological Resources in Developing Countries
Market Leaders and their expansionary development strategies
In May 2019, the Nestlé S.A. (Switzerland) Company has entered organic food segment in India with Nestle Ceregrow, The company has also planned to develop organic wheat, millet, and rice. Therefore, this expansion will, in turn, propel the growth of organic rice flour market.
In November 2017, the Simfed (India) Company has launched organic food products which include unpolished rice and pulses. Hence, this launched will benefit increase in the product portfolio of the company.
In June 2016, Food safety authority issues draft standards for cereal products. It has sought stakeholders comments on the draft notification related to cereals and cereals products, including instant noodles, fortified atta, maida, and rice; durum wheat maida, quinoa, tapioca, palm sago, and pearl millet flour. Hence, it may hamper the growth of the market in the future
Key Target Audience
Organic Rice Flour Companies, Research Organizations, Governments, Financial Institutions, and Investment Communities, Raw Material and Manufacturing Equipment Suppliers, Government Regulatory Authorities and Technology Investors
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