January 03, 2022
According to the research report titled, ‘Global Organic Rice Flour Market Size study, by Product Type (Organic White Rice Flour and Organic Brown Rice Flour), by End-Use (Bakery, Sauces and Dressings, Baby Food, Snacks, Meat Based Products and Others), by Sales Channel (Direct and Indirect), and Regional Forecasts 2021-2027,’ available with MarketStudyReport, global organic rice flour market is anticipated to amass significant gains during 2021-2027.
Increasing rice consumption and surging adoption of organic food products owing to their health benefits are propelling the growth of global organic rice flour market. As per Statista, the total valuation of worldwide organic food & beverage market is projected to jump from USD 165.52 billion in 2018 to USD 679.81 billion by 2027.
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For the unversed, organic rice flour is produced without using any sort of harmful chemical, pesticides, or synthetic fertilizers. Thus, collective inclination towards opting for natural foods has augmented the demand for organic rice flour across the globe.
In addition, rising cognizance on the advantages of natural food products, growing disposable income, and rapid development in end use industries like processed food and bakery are also contributing towards the industry expansion.
On the contrary, high costs associated with organic rice flour is likely to impede the progression of global organic rice flour market in the coming years.
By product type, the marketplace is split into organic brown rice flour and organic white rice flour whereas, based on end use, the industry vertical is bifurcated into baby food, meat-based products, sauces and dressings, snacks, bakery, and others. In terms of sales channel, the market sphere is segmented into direct and indirect.
From the geographical point of view, North America, Latin America, Europe, and Asia Pacific are analyzed to understand the regional dynamics of this business sphere. The report cites that Asia Pacific market is poised to showcase lucrative expansion trends during 2021-2027 owing to favorable government initiatives and policies to promote organic farming, high rice consumption, consumer lifestyle improvements, and surging consumption of organic foods across the region.
Key players operating in global organic rice flour market are SA Rice Mills Pvt. Ltd., La Meunerie Milanaise Inc., Aryan International, The Hain Celestial Group Inc., Nutriseeds Foods Private Limited, PP Foods, Beneo GmbH, Shipton Mill Limited, Firebird Artisan Mills, and Bob’s Red Mill Natural Foods Inc.