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Report Overview

The global rice starch market size reached a volume of 109.57 MMT in 2024. The market is projected to grow at a CAGR of 6.00% between 2025 and 2034 to reach nearly a volume of 196.22 MMT by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in MMT

6%

2025-2034


Rice Starch Market Outlook

*this image is indicative*

The Asia Pacific Presents Significant Growth Opportunities for the Rice Starch Industry

Region-wise, the Asia Pacific market is a significant market for rice starch. This is attributed to the rapid urbanisation, rising disposable incomes, and growing population in the region. Countries such as India and China exhibit high potential for the market growth. Europe and North America are also major regions for the rice starch industry. The expanding market for rice starch within these regions is due to the rising use of a range of rice starch grade products in extensive applications. The market is further expected to have a surge in demand over the forecast period.

Within the applications segment, the cosmetic industry has a significant share. Rice starch cosmetic grade is used extensively on a large scale in the production of cosmetics and personal care products, which is aiding the growth of the rice starch industry.

Rice Starch: Market Segmentation

Rice starch refers to small granules, which range from 2-8 µm, much smaller to other tubers, cereals, and roots. It provides a creamy consistency and acts as a natural fat replacer in various products.

On the basis of type, the market is divided into:

  • Native
  • Modified
  • Others

Based on application, the industry can be segmented into:

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetics and Personal Care
  • Textiles
  • Others

The regional markets for the product include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Rising Demand from Various Industries to Aid the Global Market Growth for Rice Starch

The rice starch industry is being driven by the rising population globally. In addition, the market is positively influenced by the increasing disposable incomes, changing lifestyles, and growing urbanisation. The rising youth population is also enhancing the market growth as the individuals are keen to try the new items prepared by the use of rice starch; as a result, boosting the market growth. The market is further aided by the rising demand in the cosmetics and personal care industry. The industry is also positively impacted by the various grades of the product, which are used extensively in applications, such as cosmetics and personal care products, pharmaceuticals, and others. Moreover, the growing inclination towards natural quality, organic, and health beneficial products owing to their rising awareness, is expected to facilitate the market growth of rice starch in the forecast period.

Key Industry Players in the Global Rice Starch Market

The report gives a detailed analysis of the following key players in the global rice starch market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Ingredion Incorporated
  • AGRANA Beteiligungs-AG
  • Bangkok Starch Industrial Co., Ltd.
  • Thai Flour Industry Co., Ltd
  • Herba Ingredients BV 
  • Jiangxi Golden Agriculture Biotech Co., Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 6.00% between 2025 and 2034.

The major drivers of the industry, such as rising disposable incomes, increasing population, rapid urbanisation, growing consumption of processed foods, and rising demand from personal care and pharmaceutical industries, are expected to aid the market growth.

The key trend guiding the growth of the market includes the rising demand for organic and healthy food products.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of rice starch in the industry are native and modified, among others.

The major application segments in the market are food and beverages, pharmaceuticals, cosmetics and personal care, and textiles, among others.

The major players in the industry are Ingredion Incorporated, AGRANA Beteiligungs-AG, Bangkok Starch Industrial Co., Ltd., Thai Flour Industry Co., Ltd, Herba Ingredients BV, and Jiangxi Golden Agriculture Biotech Co., Ltd., among others.

In 2024, the market reached an approximate volume of 109.57 MMT.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a volume of around 196.22 MMT by 2034.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Native
  • Modified
  • Others
Breakup by Application
  • Food and Beverages
  • Pharmaceuticals
  • Cosmetics and Personal Care
  • Textiles
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Ingredion Incorporated
  • AGRANA Beteiligungs-AG
  • Bangkok Starch Industrial Co., Ltd.
  • Thai Flour Industry Co., Ltd
  • Herba Ingredients BV
  • Jiangxi Golden Agriculture Biotech Co., Ltd.
  • Others

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