Brown Rice Market Share, Key Player, Statistics, Revenue Ratio, Regional Demand, Forecast
Market Highlights
Brown rice is known as a superfood owing to
its multitude of health and nutritional benefits. It has a high vitamin and
mineral content and is a good source of protein for human body.
Brown rice contains high level of minerals,
vitamins, and fibers as compared to the white rice. The global brown rice
market share has been segregated, by category, into organic and conventional.
The conventional segment is expected to dominate the global market during the
assessment period. However, the organic segment is expected to grow at a higher
CAGR during the forecast period owing to the rising preference of consumers for
organic products. The awareness of the benefits of organic products
is increasing, which is expected to drive the growth of the segment.
The global market for brown rice has also
been classified, by packaging type, as bags, standup pouches, jars and others.
The bags segment is expected to dominate the market due to the convenient and
bulk packaging. The standup pouches segment is expected to register the highest
CAGR during the forecast period owing to the attractive and innovative
packaging.
The global brown
rice market share has been segregated, by distribution channel, into
store-based and non-store based. The store-based segment has been further
segregated into supermarkets and hypermarkets, convenience store, and others.
The store-based segment is expected to generate higher revenue, with the
supermarkets and hypermarkets sub-segment being the largest due to the strong
and widespread network of stores. The non-store-based segment is expected to
register the higher CAGR during the assessment period owing to technological
advancements in the e-commerce industry and growing consumer preference for
online retailing.
Key Players
Some of the key players in the global brown
rice market are Asia Golden Rice Co Ltd (Thailand), LT Foods Limited
(India), T.K. Ricemill and Ash (Thailand), Riviana Foods Inc. (US), Ebro Foods,
S.A. (Spain), Agistin Biotech Pvt. Ltd. (India), Amira Nature Foods Ltd (UAE).
Browse Report@ https://www.marketresearchfuture.com/reports/brown-rice-market-6941
Regional Analysis
On the basis of region, the global brown
rice market has been segmented by North America, Europe, Asia-Pacific, and rest
of the world (RoW). Asia Pacific is expected to dominate the global
market owing to the increasing awareness about health benefits associated with
consumption of brown rice, especially in the India. Moreover, rice is
considered a staple food in countries such as Thailand, China and Japan which
is also driving the growth of the regional brown rice market.
The brown rice market analysis in North
America is expected to grow rapidly due to the increasing adoption of healthy
diets by the rising health-conscious population. Countries such as US and
Canada are projected to contribute to the growth of the regional brown rice industry.
The fiber content in brown rice is more than white rice, which in turn is much
easier to digest. Thus, consumers are preferring brown rice more than
traditional white rice.
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