South Korea Wheat & Rice Flour Substitute Resistant Starch Market Size & Outlook
South Korea wheat & rice flour substitute resistant starch market, 2018-2030 (US$M)
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South Korea wheat & rice flour substitute resistant starch market highlights
- The South Korea wheat & rice flour substitute resistant starch market generated a revenue of USD 25,395.2 million in 2022 and is expected to reach USD 48,874.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.5% 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 25,395.2 million |
| Market revenue in 2030 | USD 48,874.1 million |
| Growth rate | 8.5% (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, South Korea accounted for 3.2% 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 Asia Pacific, China wheat & rice flour substitute resistant starch market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 67,255.4 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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South Korea 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 South Korea 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 demand for fortified foods such as cereals, bread, and beverages has experienced strong growth in South Korea in recent years. This can be attributed to changing health and lifestyle needs among consumers, particularly since the outbreak of COVID-19.
Apart from this, the increasing demand for meat substitutes is propelling the demand for resistant starch, which acts as a binding agent. Companies such as Unlimeat and Devotion Foods have been gaining popularity in the domestic meat substitute market, which will drive the demand for wheat & rice flour substitute resistant starch.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea wheat & rice flour substitute resistant starch market , including forecasts for subscribers. This country databook contains high-level insights into South Korea wheat & rice flour substitute resistant starch market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea wheat & rice flour substitute resistant starch market size, by source, 2018-2030 (US$M)
South Korea Wheat & Rice Flour Substitute Resistant Starch Market Outlook Share, 2022 & 2030 (US$M)
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