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Rice

Rice is a versatile food crop that can be used in various products. Here are some examples of rice products:

1. White rice: This is the most common rice product, where the outer layers of the rice grain have been removed, leaving only the starchy endosperm.

2. Brown rice: whole grain rice with only the outermost layer of the rice grain, the hull, removed.

3. Rice flour: a fine powder made from milled rice grains. It is used in many gluten-free recipes and as a thickener in sauces and soups.

4. Rice cakes: a popular snack made from puffed rice pressed into a flat cake.

5. Rice noodles: thin, translucent noodles made from rice flour. They are commonly used in Asian cuisine.

6. Rice milk: a dairy-free milk alternative made from boiled rice, water, and sometimes sweeteners or flavorings.

7. Rice bran oil: a cooking oil that is extracted from the outer layer of the rice grain, the bran. It is rich in antioxidants and is often used in Asian cuisine.

8. Rice crackers: a popular snack made from rice flour and seasonings.

These are just a few examples of the many rice products available. Rice is a versatile crop that can be used in a wide range of foods and products, and it is an essential part of many cuisines worldwide.

The market scope for rice products is significant due to the widespread consumption of rice and its versatility in various food products. The global market for rice products was valued at USD 64.2 billion in 2020 and is expected to grow at a CAGR of around 5% during the forecast period of 2021-2026.

The market’s growth is driven by factors such as increasing health consciousness among consumers, rising demand for convenience food, and the popularity of ethnic cuisine. The market is segmented by product type, distribution channel, and region.

Rice products such as rice flour, rice bran oil, and rice noodles are gaining popularity among consumers due to their health benefits and gluten-free nature. The rising demand for plant-based milk alternatives has also led to an increase in the consumption of rice milk.

Regarding distribution channels, the market is segmented into supermarkets/ hypermarkets, convenience stores, online stores, and others. Supermarkets/ hypermarkets are the most preferred channel due to their wide product range and easy accessibility.

Geographically, the Asia-Pacific region dominates the market, accounting for the majority of the global consumption of rice products. The region's large population, coupled with the traditional consumption of rice-based products, drives the market growth in this region. The market is also growing rapidly in North America and Europe, where the demand for ethnic and gluten-free food products is rising.

There are many major players in the global market for rice products. Here are some of the key players in the industry- LT Foods Ltd., The SunRice Group, KRBL Limited, Ebro Foods, S.A., Mars Food, and Thai Union Group.

Commercial production of rice products involves several steps, depending on the specific product. Here are some general steps involved in the production of some common rice products:

1. Rice flour: produced by milling rice grains into a fine powder. The rice is first cleaned and dehulled to remove the outer layer of the grain. The grains are then milled to produce a fine powder.

2. Rice noodles: Rice noodles are made by soaking rice flour in water, kneading the mixture into a dough, and extruding it through a machine to form noodles. The noodles are then steamed, dried, and packaged.

3. Rice cakes: Rice cakes are made by puffing rice under high pressure and forming it into a cake shape. The cakes are then baked or toasted to give them a crunchy texture.

4. Rice milk: Rice milk is made by blending cooked rice with water and sometimes sweeteners or flavorings. The mixture is then strained to remove any solids and packaged.

5. Rice bran oil: Rice bran oil is produced by extracting oil from the outer layer of the rice grain, the bran. The bran is cleaned and dehulled, and the oil is extracted using a solvent or a mechanical press.

6. Rice crackers: Rice crackers are made by mixing rice flour with water and seasonings, rolling the mixture into thin sheets, and baking or frying them to give them a crispy texture.

In addition to these products, many other rice-based products are commercially produced, such as rice cereals, rice snacks, and rice vinegar. The production processes for these products can vary depending on the specific product and the manufacturer.