Brown Rice Market Size, 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 size 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 industry 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 size 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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