Market Analysis: Global Organic Rice Flour Market
Organic rice flour market is expected to register a substantial CAGR of 8.07% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the growing focus of consumers on adoption of organic foods and ingredients.
Global Organic Rice Flour Market By Type (Organic White Rice Flour, Organic Brown Rice Flour, Glutinous Rice Flour, Others), End-Use (Bakery, Sauces & Dressings, Baby Food, Snacks, Meat-Based Products, Processed Food, Food Service Industry, Household, Sweets & Desserts, Rice Noodle & Rice Pasta, Thickening Agent, Others), Sales Channel (Direct Sales, Indirect Sales), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
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Market Definition: Global Organic Rice Flour Market
Organic rice flour commonly known as rice powder is the specialised version of rice flour produced from organic rice and in an organic powdering method. This involves no added components and no modifications to the manufacturing process, all of the components and ingredients used are completely natural/organic.
· Increasing levels of adoption for premium products; this factor is expected to drive the growth of the market
· Rising prevalence of population adopting gluten-free products also acts as a market driver
· Rising levels of consumption associated with the consumption of convenience and healthy/nutritious food products will also boost the market growth
· Growing awareness regarding the health benefits associated with organic food products and ingredients; this factor is expected to foster a positive impact on the growth of the market
· Presence of strict regulatory demands in relation to production and processing of food products will hamper the market growth in the forecast period
· Vulnerable nature of raw material pricing giving rise to surge of rice flour also restricts the growth of this market
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Global organic rice flour market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of organic rice flour market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global organic rice flour market are Bob’s Red Mill Natural Foods; Agspring, LLC; Pure & Sure; Shipton Mill Ltd; BENEO; Nature Bio-Foods Ltd.; Nutriseed; 24 MANTRA ORGANIC; Hain Celestial Group, Inc.; Aryan International; Eden Foods Inc.; La Milanaise; Pornkamon Rice Flour Mills Co.,Ltd., Refresh Organic; Refill Nation; Organic Tattva; Burapa Prosper Co., Ltd.; Thai Flour Co.,Ltd; Koda Farms, Inc.; FOR8; among others.
Research Methodology: Global Organic Rice Flour Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
· Competitive analysis of key competitors involved in the market
· Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
· Market drivers and restraints analysis along with the analysis of the market structure
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Key Developments in the Market:
In November 2017, Sikkim State Co-Operative Supply & Marketing Federation Ltd. (SIMFED) announced the availability of a variety of organic and natural food products across the capital. SIMFED has high expertise in the development and utilization of organic farming practices. The organization has taken drastic steps to ensure appropriate remuneration and advancing the knowledge base of farmers to enhance the organic farming practices in the region. The product range being introduced in the capital include organic flours, unpolished rice, pulses, spices and organic cereals available in 500 grams and 1 kg packaging
In July 2017, Western Foods announced that they had expanded their gluten-free rice flour and ancient grain million operations by establishing a modern fifty-six thousand square foot facility situated in Pine Bluff, Arkansas, United States. The mill is expected to begin its operations by the spring of 2018 and the facility will have areas for future expansion and growth. This facility will enable the company to utilize their expertise and experience for developing rice flours and grain milling to provide the various end-use industries with the products required by them
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