Latin America Rice Flour Market was worth USD 79.26 million in 2021 and is estimated to be growing at a CAGR of 4.68%, reaching USD 108.49 million by 2027
Rice flour is the flour made from finely milled rice. It is good substitute for wheat flour which causes problems in the digestive systems of those who are gluten intolerance. Rice flour is different from rice starch, which is usually produced by steeping rice in lye. Rice flour may be made from either white rice or brown rice. For the making of flour, the husk of rice or paddy is removed and raw rice is obtained, which is then milled to flour.Rice flour can be used as thickening agent in recipes that are refrigerated or frozen since it inhibits liquid separation. Rice has been a staple food source around the world for centuries, especially in eastern cultures. Rice flour also called rice powder, is used to make fresh rice noodles and sweets. It is also used to thicken coconut milk to a rich, smooth and creamy consistency. Rice flour is being used in snacks, bakery, cereals, crackers, chips and coating applications to provide different textures. The rice flour is easily available in most Asian markets.Rising consumption of rice flour, increasing disposable income, changing life style and shift in the taste preferences of consumers, growing Latin America population, increase in consumer awareness about bakery products, rising people awareness, increasing demand for flour that is high in protein and rise of the fast food industry are driving the growth of the Latin America rice flour market. However, limited number of professionals for milling and high cost transport facilities are hindering the growth of the market.
on the basis of
product type
application
region
On the basis of product type,
rice flour
brown rice flour
glutinous rice flour
Rice flour has the largest market due to rice in its usage in bakery and sweets.
By Application
rice noodle
rice pasta
sweets and desserts
snacks
bakery
bread products
thickening agent
animal feed including pet food, non-food applications and others. Non-food applications consist of biomaterials, glue and bioplastics. Other application segments include baby food and roux. Bakery and bread products are the fastest growing applications in the market.
Brazil
Mexico
Argentina
and remaining countries of South America. The huge rise in spending in the food division has increased the demand for the market. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia, which are also intensifying their investments in the market.
Key players dominating the Latin America rice flour market are
Burapa Prosper
Archer Daniels Midland Company
Thai Flour Industry
Ardent Mills Canada
Rose Brand
ConAgra Foods, Inc.
Koda Farms
Associated British Foods plc
Lieng Tong
General Mills Inc.
Pornkamon Rice Flour Mills
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