Canada Wheat & Rice Flour Substitute Resistant Starch Market Size & Outlook
Canada wheat & rice flour substitute resistant starch market, 2018-2030 (US$M)
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Canada wheat & rice flour substitute resistant starch market highlights
- The Canada wheat & rice flour substitute resistant starch market generated a revenue of USD 28,635.7 million in 2022 and is expected to reach USD 59,642.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.6% from 2023 to 2030.
- In terms of segment, grains was the largest revenue generating source in 2022.
- Cereal Food is the most lucrative source segment registering the fastest growth during the forecast period.
Wheat & rice flour substitute resistant starch market data book summary
| Market revenue in 2022 | USD 28,635.7 million |
| Market revenue in 2030 | USD 59,642.0 million |
| Growth rate | 9.6% (CAGR from 2022 to 2030) |
| Largest segment | Grains |
| Fastest growing segment | Cereal Food |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruits & Nuts, Grains, Vegetables, Cereal Food, Beans & Legumes |
| Key market players worldwide | Tate & Lyle PLC, Ingredion Inc, Emsland Group, ADM, Cargill, Roquette America, The Scoular Company, LODAAT Pharmaceuticals, Puris |
Other key industry trends
- In terms of revenue, Canada accounted for 3.6% of the global wheat & rice flour substitute resistant starch market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. wheat & rice flour substitute resistant starch market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 59,642.0 million by 2030.
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Wheat & Rice Flour Substitute Resistant Starch Market Scope
Wheat & Rice Flour Substitute Resistant Starch Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada wheat & rice flour substitute resistant starch market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wheat & rice flour substitute resistant starch market will help companies and investors design strategic landscapes.
Grains was the largest segment with a revenue share of 71.83% in 2022. Horizon Databook has segmented the Canada wheat & rice flour substitute resistant starch market based on fruits & nuts, grains, vegetables, cereal food, beans & legumes covering the revenue growth of each sub-segment from 2018 to 2030.
The gluten-free trend has been gaining momentum in Canada and an increasing number of consumers are shifting to gluten-free bread and bakery products even though they are premium-priced. Tapioca starch derived from cassava roots has gained a lot of popularity as a wheat & rice flour substitute for resistant starch owing to its gluten-free nature.
It is therefore being increasingly used in numerous food applications, such as soup thickening. However, the limited production of cassava in the country has led to reduced tapioca starch production in Canada. Recognizing a demand and supply gap for tapioca in the country, a number of smaller players have entered the market.
For instance, Brazilian entrepreneurs Diogo Cabus and Lucas Holtz started Tapioca Brasil to cater to the growing demand for tapioca among Brazilian residents in Canada. The brand is available in 20 Portuguese stores Calgary, the Greater Toronto Area, and through the Osh Bites company website.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada wheat & rice flour substitute resistant starch market , including forecasts for subscribers. This country databook contains high-level insights into Canada wheat & rice flour substitute resistant starch market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada wheat & rice flour substitute resistant starch market size, by source, 2018-2030 (US$M)
Canada Wheat & Rice Flour Substitute Resistant Starch Market Outlook Share, 2022 & 2030 (US$M)
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