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Rice Derivative Market Size

  • Report ID: GMI12286
  • Published Date: Nov 2024
  • Report Format: PDF

Rice Derivative Market Size

The global rice derivative market size was valued at USD 19.1 billion in 2024 and is estimated to grow at a CAGR of over 5.8% from 2025 to 2034, fueled by rising demand across various sectors such as food and beverage, pharmaceuticals, cosmetics, and nutritional supplements. Rice derivatives, which include rice flour, rice starch, and rice protein, are increasingly popular due to their versatility, hypoallergenic characteristics, and gluten-free compatibility.

 

As consumers shift toward plant-based and organic alternatives, rice derivatives stand out as sustainable, health-focused substitutes for synthetic and animal-derived ingredients. Moreover, their role is expanding in processed foods, beverages, bakery items, and infant foods, where rice derivatives add texture, enhance stability, and boost nutritional value, making them crucial in the functional food and specialized nutrition segments.

 

Additionally, heightened research and development investments are propelling innovation in rice derivative formulations and applications, helping the market meet the evolving needs of health-conscious consumers. A growing awareness of the health benefits associated with organic rice derivatives, coupled with demand for fortified and clean-label products, is amplifying the market's potential.

 

Leading players are broadening their portfolios to serve diverse end-use markets, while advancements in processing technologies are enhancing the efficiency and quality of rice derivative production. This growth trend is expected to remain strong as regulatory changes support sustainable sourcing and manufacturing practices, aligning with the global shift toward environmentally responsible and health-oriented food production.

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of rice derivative reached USD 19.1 billion in 2024 and is set to grow at a 5.8% CAGR from 2025 to 2034, driven by rising demand across various sectors such as food and beverage, pharmaceuticals, cosmetics, and nutritional supplements.

The rice starch segment generated USD 3.7 billion in revenue in 2024 and is expected to reach USD 6.4 billion by 2034, led by its diverse applications and valued properties such as texturizing, stabilizing, and hypoallergenic characteristics.

The China market was valued at approximately USD 2.6 billion in 2024, leading the Asia-Pacific region, primarily driven by high domestic demand and China’s role as a major rice producer.

The key players in the industry include Cargill, Kowa India, Adani Wilmar, Shafi Gluco Chem, Paras Group, Associated British Foods, Agarwal Group of Industries, Jain Group of Industries, Muerens Natural, Asharam & Sons, SACCHETTO, and RIBUS.

Rice Derivative Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 12
  • Tables & Figures: 300
  • Countries covered: 18
  • Pages: 380
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