Rice Derivative Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 to 2034
The Global Rice Derivative Market was valued at USD 19.1 billion in 2024 and is projected to grow at a 5.8% CAGR from 2025 to 2034. This growth is driven by the increasing demand for rice-based ingredients across multiple industries, including food and beverages, pharmaceuticals, cosmetics, and nutritional supplements. Rice derivatives such as rice flour, rice starch, and rice protein have gained popularity due to their versatile applications, hypoallergenic properties, and suitability for gluten-free diets.
As consumers increasingly seek plant-based, organic, and sustainable alternatives, rice derivatives have become key players in replacing synthetic and animal-derived ingredients. Their natural and health-focused profile makes them an ideal choice for a variety of applications, from processed foods to beverages, bakery products, and infant foods. These derivatives help improve texture, enhance stability, and provide added nutritional value, making them particularly valuable in the functional food and specialized nutrition sectors.
The market is divided into different ingredient categories, including rice bran, rice starch, rice germ, rice protein, ready-to-use powder, rice oil, rice fats, rice flour, and liquid rice blends. Among these, rice starch holds the largest share of the market, generating USD 3.7 billion in revenue in 2024. It is expected to reach USD 6.4 billion by 2032. The continued dominance of rice starch is driven by its widespread use in various industries, where it is prized for its texturizing, stabilizing, and hypoallergenic properties. These characteristics make rice starch essential in many food, pharmaceutical, and cosmetic formulations.
In terms of nature, the market is split between organic and synthetic rice derivatives. The synthetic segment accounts for the largest share, with a market share of 55.1% in 2024. This is largely attributed to the cost-effectiveness and consistent quality of synthetic derivatives, which also tend to have a longer shelf life than organic alternatives. Synthetic rice derivatives are produced on a larger scale, making them more accessible and affordable for mass production in industries like food processing, pharmaceuticals, and cosmetics, where uniformity and functional reliability are crucial.
China is a dominant player in the rice derivative market, with a market size of USD 2.6 billion in 2024. The country’s leadership in rice production ensures a steady supply of raw materials, supporting the strong growth of rice-based ingredients in the domestic market, as well as their use across various sectors in the region.
As consumers increasingly seek plant-based, organic, and sustainable alternatives, rice derivatives have become key players in replacing synthetic and animal-derived ingredients. Their natural and health-focused profile makes them an ideal choice for a variety of applications, from processed foods to beverages, bakery products, and infant foods. These derivatives help improve texture, enhance stability, and provide added nutritional value, making them particularly valuable in the functional food and specialized nutrition sectors.
The market is divided into different ingredient categories, including rice bran, rice starch, rice germ, rice protein, ready-to-use powder, rice oil, rice fats, rice flour, and liquid rice blends. Among these, rice starch holds the largest share of the market, generating USD 3.7 billion in revenue in 2024. It is expected to reach USD 6.4 billion by 2032. The continued dominance of rice starch is driven by its widespread use in various industries, where it is prized for its texturizing, stabilizing, and hypoallergenic properties. These characteristics make rice starch essential in many food, pharmaceutical, and cosmetic formulations.
In terms of nature, the market is split between organic and synthetic rice derivatives. The synthetic segment accounts for the largest share, with a market share of 55.1% in 2024. This is largely attributed to the cost-effectiveness and consistent quality of synthetic derivatives, which also tend to have a longer shelf life than organic alternatives. Synthetic rice derivatives are produced on a larger scale, making them more accessible and affordable for mass production in industries like food processing, pharmaceuticals, and cosmetics, where uniformity and functional reliability are crucial.
China is a dominant player in the rice derivative market, with a market size of USD 2.6 billion in 2024. The country’s leadership in rice production ensures a steady supply of raw materials, supporting the strong growth of rice-based ingredients in the domestic market, as well as their use across various sectors in the region.
Report Content
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Industry synopsis, 2021-2034
CHAPTER 3 INDUSTRY INSIGHTS
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Impact forces
3.6.1 Growth drivers
3.6.1.1 Rising demand for plant-based, gluten-free, and hypoallergenic food ingredients.
3.6.1.2 Expanding applications across food, beverage, pharmaceutical, and cosmetics industries.
3.6.2 Industry pitfalls & challenges
3.6.2.1 Limited raw material supply fluctuations impacting pricing stability.
3.6.2.2 Competition from other plant-based derivatives like soy, almond, and oat.
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 PESTEL analysis
CHAPTER 4 COMPETITIVE LANDSCAPE, 2024
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
CHAPTER 5 MARKET ESTIMATES & FORECAST, BY INGREDIENT TYPE, 2021-2034 (USD MILLION) (KILO TONS)
5.1 Key trends
5.2 Rice starch
5.3 Rice bran
5.4 Rice germ
5.5 Rice oil
5.6 Rice protein
5.7 Rice fats
5.8 Rice flour
5.9 Ready to use powder
5.10 Liquid rice blend
5.11 Others
CHAPTER 7 MARKET ESTIMATES & FORECAST, BY NATURE, 2021-2034 (USD MILLION) (KILO TONS)
7.1 Key trends
7.2 Organic
7.3 Synthetic
CHAPTER 8 MARKET ESTIMATES & FORECAST, BY FORM, 2021-2034 (USD MILLION) (KILO TONS)
8.1 Key trends
8.2 Powder
8.3 Liquid
CHAPTER 9 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2034 (USD MILLION) (KILO TONS)
9.1 Key trends
9.2 Bakery
9.3 Processed food
9.4 Beverages
9.5 Infant food
9.6 Nutritional products
9.7 Pharmaceutical
9.8 Cosmetic
9.9 Others
CHAPTER 10 MARKET ESTIMATES & FORECAST, BY REGION, 2021-2034 (USD BILLION) (KILO TONS)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Australia
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.6 MEA
10.6.1 South Africa
10.6.2 Saudi Arabia
10.6.3 UAE
CHAPTER 11 COMPANY PROFILES
11.1 Cargill
11.2 Kowa India
11.3 Adani Wilmar
11.4 Shafi Gluco Chem
11.5 Paras Group
11.6 Associated British Foods
11.7 Agarwal Group of Industries
11.8 Jain Group of Industries
11.9 Muerens Natural
11.10 Asharam & Sons
11.11 SACCHETTO
11.12 RIBUS
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Market scope & definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Industry synopsis, 2021-2034
CHAPTER 3 INDUSTRY INSIGHTS
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Key news & initiatives
3.5 Regulatory landscape
3.6 Impact forces
3.6.1 Growth drivers
3.6.1.1 Rising demand for plant-based, gluten-free, and hypoallergenic food ingredients.
3.6.1.2 Expanding applications across food, beverage, pharmaceutical, and cosmetics industries.
3.6.2 Industry pitfalls & challenges
3.6.2.1 Limited raw material supply fluctuations impacting pricing stability.
3.6.2.2 Competition from other plant-based derivatives like soy, almond, and oat.
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 PESTEL analysis
CHAPTER 4 COMPETITIVE LANDSCAPE, 2024
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
CHAPTER 5 MARKET ESTIMATES & FORECAST, BY INGREDIENT TYPE, 2021-2034 (USD MILLION) (KILO TONS)
5.1 Key trends
5.2 Rice starch
5.3 Rice bran
5.4 Rice germ
5.5 Rice oil
5.6 Rice protein
5.7 Rice fats
5.8 Rice flour
5.9 Ready to use powder
5.10 Liquid rice blend
5.11 Others
CHAPTER 7 MARKET ESTIMATES & FORECAST, BY NATURE, 2021-2034 (USD MILLION) (KILO TONS)
7.1 Key trends
7.2 Organic
7.3 Synthetic
CHAPTER 8 MARKET ESTIMATES & FORECAST, BY FORM, 2021-2034 (USD MILLION) (KILO TONS)
8.1 Key trends
8.2 Powder
8.3 Liquid
CHAPTER 9 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2034 (USD MILLION) (KILO TONS)
9.1 Key trends
9.2 Bakery
9.3 Processed food
9.4 Beverages
9.5 Infant food
9.6 Nutritional products
9.7 Pharmaceutical
9.8 Cosmetic
9.9 Others
CHAPTER 10 MARKET ESTIMATES & FORECAST, BY REGION, 2021-2034 (USD BILLION) (KILO TONS)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 UK
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Australia
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.6 MEA
10.6.1 South Africa
10.6.2 Saudi Arabia
10.6.3 UAE
CHAPTER 11 COMPANY PROFILES
11.1 Cargill
11.2 Kowa India
11.3 Adani Wilmar
11.4 Shafi Gluco Chem
11.5 Paras Group
11.6 Associated British Foods
11.7 Agarwal Group of Industries
11.8 Jain Group of Industries
11.9 Muerens Natural
11.10 Asharam & Sons
11.11 SACCHETTO
11.12 RIBUS
