Global Rice Market 2024 - Size, Share, Value, Price Insights, Industry Expansion, Report, Forecast [2032]

The rice market is growing steadily due to population growth, changing diets, globalization, trade agreements, & rising demand for rice-based convenience foods.

BROOKLYN, NEW YORK, UNITED STATES, May 23, 2024 /EINPresswire.com/ -- 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒:

According to the latest report by IMARC Group, titled “𝐑𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞 (𝐑𝐞𝐠𝐮𝐥𝐚𝐫, 𝐀𝐫𝐨𝐦𝐚𝐭𝐢𝐜), 𝐓𝐲𝐩𝐞 (𝐑𝐞𝐝 𝐑𝐢𝐜𝐞, 𝐀𝐫𝐛𝐨𝐫𝐢𝐨 𝐑𝐢𝐜𝐞, 𝐁𝐥𝐚𝐜𝐤 𝐑𝐢𝐜𝐞, 𝐆𝐫𝐚𝐢𝐧 𝐅𝐫𝐚𝐠𝐫𝐚𝐧𝐜𝐞 𝐑𝐢𝐜𝐞, 𝐁𝐫𝐨𝐰𝐧 𝐑𝐢𝐜𝐞, 𝐑𝐨𝐬𝐞𝐦𝐚𝐭𝐭𝐚 𝐑𝐢𝐜𝐞, 𝐆𝐫𝐚𝐢𝐧 𝐏𝐚𝐫𝐛𝐨𝐢𝐥𝐞𝐝 𝐑𝐢𝐜𝐞, 𝐒𝐮𝐬𝐡𝐢 𝐑𝐢𝐜𝐞, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐆𝐫𝐚𝐢𝐧 𝐒𝐢𝐳𝐞 (𝐋𝐨𝐧𝐠 𝐆𝐫𝐚𝐢𝐧, 𝐌𝐞𝐝𝐢𝐮𝐦 𝐆𝐫𝐚𝐢𝐧, 𝐒𝐡𝐨𝐫𝐭 𝐆𝐫𝐚𝐢𝐧), 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥 (𝐎𝐟𝐟𝐥𝐢𝐧𝐞 𝐒𝐭𝐨𝐫𝐞𝐬, 𝐎𝐧𝐥𝐢𝐧𝐞 𝐒𝐭𝐨𝐫𝐞𝐬), 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 (𝐅𝐨𝐨𝐝, 𝐅𝐞𝐞𝐝, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐”, offers a comprehensive analysis of the global rice market trends. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

𝐇𝐨𝐰 𝐁𝐢𝐠 𝐢𝐬 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:

The global rice market size reached US$ 302.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 371.8 Billion by 2032, exhibiting a growth rate (CAGR) of 2.31% during 2024-2032.

𝐑𝐢𝐜𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Rice is a staple food grain consumed extensively worldwide, primarily known for its versatility and nutritional value. It originates from the seed of the Oryza sativa (Asian rice) or Oryza glaberrima (African rice) and is cultivated in warm climates globally, with Asia being the largest producer. The manufacturing process involves several stages: sowing, growing, harvesting, milling, and often enriching before it reaches consumers. The importance of rice extends beyond its dietary role; it is a fundamental part of many cultures’ cuisines, traditions, and economies, particularly in Asia. Its benefits include its ability to provide quick energy, its low-fat content, and its utility as a gluten-free grain, making it a crucial diet component for people with celiac disease.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/rice-market/requestsample

𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The global market is primarily driven by rapid urbanization and changing dietary preferences are also influencing the market, with a growing inclination towards healthier and versatile whole-grain variants like brown rice. Additionally, rising awareness of sustainable farming practices and the shift towards organic rice varieties are resonating with the environmentally conscious consumer, thereby creating positive market growth.

Moreover, continual innovations in packaging, storage, and transportation are ensuring longer shelf life and quality retention, and expanding the global reach of rice products is fueling market demand. Furthermore, the increasing demand for sustainably produced and organically farmed rice, driven by consumer awareness of environmental issues and health benefits is bolstering market growth.

By the IMARC Group, Some of the 12 Best Rice Companies Operating in the Industry are Given Below:

• Anheuser-Busch Companies LLC (AB InBev)
• Bunge Limited
• California Family Foods
• Cargill Incorporated
• Farmers' Rice Cooperative
• ITC Limited
• KRBL Limited
• Louis Dreyfus Company B.V.
• LT Foods Ltd.
• Riceland Foods Inc.
• Riviana Foods Inc. (Ebro Foods S.A.)
• Tamaki Rice Corporation

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬, 𝐚𝐧𝐝 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/rice-market

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

Breakup by Product Type:

• Regular
• Aromatic

Based on the product type, the market is bifurcated into regular and aromatic.

Breakup by Type:

• Red Rice
• Arborio Rice
• Black Rice
• Grain Fragrance Rice
• Brown Rice
• Rosematta Rice
• Grain Parboiled Rice
• Sushi Rice
• Others

On the basis of the type, the market has been segregated into red, arborio, black, grain fragrance, brown, rosematta, grain parboiled, sushi, and other rice.

Breakup by Grain Size:

• Long Grain
• Medium Grain
• Short Grain

Based on the grain size, the market is categorized into long, medium, and short grains.

Breakup by Distribution Channel:

• Offline Stores
• Online Stores

On the basis of the distribution channel, the market has been divided into offline and online stores.

Breakup by Application:

• Food
• Feed
• Others

Based on the application, the market is classified into food, feed, and others.

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

On a regional basis, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.

𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

𝐍𝐨𝐭𝐞: 𝐈𝐟 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐚𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐜𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐬𝐜𝐨𝐩𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐰𝐞 𝐜𝐚𝐧 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐢𝐭 𝐭𝐨 𝐲𝐨𝐮 𝐚𝐬 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧.

𝐀𝐥𝐬𝐨, 𝐑𝐞𝐚𝐝 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

• Spain Retail Market Report 2024-2032

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

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