Rice flakes industry has also a very important role in popularizing wheat in traditionally non-wheat consuming regions of the country. Rice flakes consumed by people of all ages and every one times. With tea and coffee, rice flakes make a tasty and nutrition’s snack. There’s a particular need for the rice flakes industry to form inroads within the rural areas. Manufacturing of rice flakes products have substantial scope for development in smaller towns, village and backward areas and may provide an honest number of employment opportunities at different levels.
Rice may be a major source of energy and a very important source of protein. The availability of nutrients per 100 g of raw white rice provides 361 kcal and 6 g of protein. It also contains substantial amounts of zinc and niacin. On the opposite hand, it's low in calcium, iron, thiamine and riboflavin and has virtually no beta-carotene (Vitamin A). It’s noteworthy that the very best the degree of polishing, rock bottom the extent of proteins, vitamins and minerals within the final product. Cold cereal may be a commonly consumed commodity as a pastime snack. It are often utilized in combination with nuts such as groundnut or roasted and salted cashews; with fried gram; with Jiggery and coconut gratings, or dusted with salt and spices after enrobing with oil. Since the product is easily digested and assimilated, it finds a good acceptance among a cross section of the households. It’s a versatile product with a superb market potential.
The global edible flakes market value was estimated at nearly 14.51 (USD Billion) in 2018 and is expected to be valued at 24.75 (USD Billion) by 2025 at a cumulative growth rate of around 8%. The report edible flakes market encompasses market estimation and analysis on both the global as well as regional level. The research report offers an extensive valuation of the market, business rivalry, opportunities, sales forecasts, revenue forecasts, and industry-validated market data. The report offers historical data from 2016 to 2018 and a forecast from 2019 to 2025 based on earnings (USD Billion).
Based on the product, the edible flakes industry is sectored into Wheat Flakes, Corn Flakes, Flakey Oats, and Rice Flakes. Corn flakes segment is anticipated to form major contributions towards the market revenue over the forecast period. the rationale being the power of corn flakes in improving the digestion of starch. Huge inclination towards ready-to-eat food item consumption within the developing countries is about to increase the recognition of the edible flakes over the forthcoming years. Apart from this, the changing dietary patterns of the purchasers alongside an enormous preference for processed food sue to hectic lifestyle is expected to define the growth of the edible flakes market during the forecast period.