The Latin America, Middle East and Africa Rice Starch Market should witness market growth of 8.9% CAGR during the forecast period (2022-2028).
Rice Starch, due to its high derma-compatibility is utilized in cosmetics, particularly in products that treat dry delicate skin. It is also being noticed that protein extracts from the rice starch could be changed to peptides with various applications in many fields. Many researches are going on for developing biotechnological processes to change the by-products found in the processing water of rice starch into different peptides, which can then be added to the food or utilized to manufacture food supplements.
Researchers have successfully isolated new potential ingredients containing a small molecule or a mixture of tiny bioactive peptides to observe how these ingredients could be used to develop new functional cosmetics and food products.
Rice starch contains two different behaviors depending upon the application. When used at a temperature below 50C, the rice starch is a silky, translucent powder that absorbs oil, reduces shine, and diminishes the appearance of pores but does not dry out the user’s skin. When used in skincare products, rice starch provides a long-lasting matte finish and enhances skin texture and moisture levels.
Saudi Arabia is responsible for 60% of the Gulf Cooperation Council (GCC) countries’ healthcare expenditure, and the sector remains a crucial priority for the Saudi Arabian Government. In 2022, the Saudi government has said to spend $36.8 billion on healthcare and social development, which is 14.4% of its 2022 budget. Although the Saudi government is responsible for around 60% of the healthcare spending, it is planning to privatize the healthcare sector, to introduce further development and technologies. The increasing cosmetic and pharmaceutical development joined with the demand for natural and halal-based products, is expected to raise the usage of rice starch and boost the growth of the rice starch market in the region.
The Brazil market dominated the LAMEA Rice Starch Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $14.8 million by 2028.The Argentina market is estimated to grow a CAGR of 9.5% during (2022-2028). Additionally, The UAE market would display a CAGR of 8.6% during (2022-2028).
Based on Form, the market is segmented into Native and Modified. Based on Type, the market is segmented into Regular and Waxy. Based on Nature, the market is segmented into Conventional and Organic. Based on End-use, the market is segmented into Food & Beverages, Laundry, Paper, Pharmaceutical, Cosmetics & Personal Care and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ingredion Incorporated, BENEO GmbH (Südzucker AG), A&B Ingredients, Inc., Bangkok Starch Industrial Company Limited, Jiangxi Golden Agriculture Biotech Co., Ltd., Thai Flour Industry Co., Ltd., Ettlinger Corporation, Starch Asia, WFM Starch Products, and Pruthvi's Foods Private Limited.
Rice Starch, due to its high derma-compatibility is utilized in cosmetics, particularly in products that treat dry delicate skin. It is also being noticed that protein extracts from the rice starch could be changed to peptides with various applications in many fields. Many researches are going on for developing biotechnological processes to change the by-products found in the processing water of rice starch into different peptides, which can then be added to the food or utilized to manufacture food supplements.
Researchers have successfully isolated new potential ingredients containing a small molecule or a mixture of tiny bioactive peptides to observe how these ingredients could be used to develop new functional cosmetics and food products.
Rice starch contains two different behaviors depending upon the application. When used at a temperature below 50C, the rice starch is a silky, translucent powder that absorbs oil, reduces shine, and diminishes the appearance of pores but does not dry out the user’s skin. When used in skincare products, rice starch provides a long-lasting matte finish and enhances skin texture and moisture levels.
Saudi Arabia is responsible for 60% of the Gulf Cooperation Council (GCC) countries’ healthcare expenditure, and the sector remains a crucial priority for the Saudi Arabian Government. In 2022, the Saudi government has said to spend $36.8 billion on healthcare and social development, which is 14.4% of its 2022 budget. Although the Saudi government is responsible for around 60% of the healthcare spending, it is planning to privatize the healthcare sector, to introduce further development and technologies. The increasing cosmetic and pharmaceutical development joined with the demand for natural and halal-based products, is expected to raise the usage of rice starch and boost the growth of the rice starch market in the region.
The Brazil market dominated the LAMEA Rice Starch Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $14.8 million by 2028.The Argentina market is estimated to grow a CAGR of 9.5% during (2022-2028). Additionally, The UAE market would display a CAGR of 8.6% during (2022-2028).
Based on Form, the market is segmented into Native and Modified. Based on Type, the market is segmented into Regular and Waxy. Based on Nature, the market is segmented into Conventional and Organic. Based on End-use, the market is segmented into Food & Beverages, Laundry, Paper, Pharmaceutical, Cosmetics & Personal Care and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ingredion Incorporated, BENEO GmbH (Südzucker AG), A&B Ingredients, Inc., Bangkok Starch Industrial Company Limited, Jiangxi Golden Agriculture Biotech Co., Ltd., Thai Flour Industry Co., Ltd., Ettlinger Corporation, Starch Asia, WFM Starch Products, and Pruthvi's Foods Private Limited.
Scope of the Study
By Form
- Native
- Modified
By Type
- Regular
- Waxy
By Nature
- Conventional
- Organic
By End-use
- Food & Beverages
- Laundry
- Paper
- Pharmaceutical
- Cosmetics & Personal Care
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Ingredion Incorporated
- BENEO GmbH (Südzucker AG)
- A&B Ingredients, Inc.
- Bangkok Starch Industrial Company Limited
- Jiangxi Golden Agriculture Biotech Co., Ltd.
- Thai Flour Industry Co., Ltd.
- Ettlinger Corporation
- Starch Asia
- WFM Starch Products
- Pruthvi's Foods Private Limited
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Rice Starch Market, by Form
1.4.2 LAMEA Rice Starch Market, by Type
1.4.3 LAMEA Rice Starch Market, by Nature
1.4.4 LAMEA Rice Starch Market, by End Use
1.4.5 LAMEA Rice Starch Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Rice Starch Market by Form
3.1 LAMEA Native Market by Country
3.2 LAMEA Modified Market by Country
Chapter 4. LAMEA Rice Starch Market by Type
4.1 LAMEA Regular Market by Country
4.2 LAMEA Waxy Market by Country
Chapter 5. LAMEA Rice Starch Market by Nature
5.1 LAMEA Conventional Market by Country
5.2 LAMEA Organic Market by Country
Chapter 6. LAMEA Rice Starch Market by End Use
6.1 LAMEA Food & Beverages Market by Country
6.2 LAMEA Laundry Market by Country
6.3 LAMEA Paper Market by Country
6.4 LAMEA Pharmaceutical Market by Country
6.5 LAMEA Cosmetics & Personal Care Market by Country
6.6 LAMEA Others Market by Country
Chapter 7. LAMEA Rice Starch Market by Country
7.1 Brazil Rice Starch Market
7.1.1 Brazil Rice Starch Market by Form
7.1.2 Brazil Rice Starch Market by Type
7.1.3 Brazil Rice Starch Market by Nature
7.1.4 Brazil Rice Starch Market by End Use
7.2 Argentina Rice Starch Market
7.2.1 Argentina Rice Starch Market by Form
7.2.2 Argentina Rice Starch Market by Type
7.2.3 Argentina Rice Starch Market by Nature
7.2.4 Argentina Rice Starch Market by End Use
7.3 UAE Rice Starch Market
7.3.1 UAE Rice Starch Market by Form
7.3.2 UAE Rice Starch Market by Type
7.3.3 UAE Rice Starch Market by Nature
7.3.4 UAE Rice Starch Market by End Use
7.4 Saudi Arabia Rice Starch Market
7.4.1 Saudi Arabia Rice Starch Market by Form
7.4.2 Saudi Arabia Rice Starch Market by Type
7.4.3 Saudi Arabia Rice Starch Market by Nature
7.4.4 Saudi Arabia Rice Starch Market by End Use
7.5 South Africa Rice Starch Market
7.5.1 South Africa Rice Starch Market by Form
7.5.2 South Africa Rice Starch Market by Type
7.5.3 South Africa Rice Starch Market by Nature
7.5.4 South Africa Rice Starch Market by End Use
7.6 Nigeria Rice Starch Market
7.6.1 Nigeria Rice Starch Market by Form
7.6.2 Nigeria Rice Starch Market by Type
7.6.3 Nigeria Rice Starch Market by Nature
7.6.4 Nigeria Rice Starch Market by End Use
7.7 Rest of LAMEA Rice Starch Market
7.7.1 Rest of LAMEA Rice Starch Market by Form
7.7.2 Rest of LAMEA Rice Starch Market by Type
7.7.3 Rest of LAMEA Rice Starch Market by Nature
7.7.4 Rest of LAMEA Rice Starch Market by End Use
Chapter 8. Company Profiles
8.1 Ingredion Incorporated
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Geographical Expansions:
8.2 BENEO GmbH (Südzucker AG)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.3 A&B Ingredients, Inc.
8.3.1 Company Overview
8.4 Bangkok Starch Industrial Company Limited
8.4.1 Company Overview
8.5 Jiangxi Golden Agriculture Biotech Co., Ltd. (Jiangxi Golden Agriculture Rice Industry Group)
8.5.1 Company Overview
8.6 Thai Flour Industry Co., Ltd.
8.6.1 Company Overview
8.7 Ettlinger Corporation
8.7.1 Company Overview
8.8 Starch Asia
8.8.1 Company Overview
8.9 WFM Starch Products
8.9.1 Company Overview
8.10. Pruthvi's Foods Private Limited
8.10.1 Company Overview
Companies Mentioned
- Ingredion Incorporated
- BENEO GmbH (Südzucker AG)
- A&B Ingredients, Inc.
- Bangkok Starch Industrial Company Limited
- Jiangxi Golden Agriculture Biotech Co., Ltd.
- Thai Flour Industry Co., Ltd.
- Ettlinger Corporation
- Starch Asia
- WFM Starch Products
- Pruthvi's Foods Private Limited
Methodology
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