Global Basmati Rice Market Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022


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Introduction: Basmati rice has enjoyed a premium spot on the global marketplace, which has largely represented the growth of the basmati rice industry around the world. The global basmati rice market is a choc-o-bloc with both large and small companies that features a fragmented vendor landscape, according to a Transparency Market Research (TMR) study. In 2017, the global demand for basmati rice stood at a value of US$ 10.51 bn. The industry is projected to be worth US$ 17.74 bn by the end of 2022, proliferating at a robust CAGR of 11.0 per cent between 2017 and 2022. Basmati rice export demand is expected to further improve in the near future, contributing significantly to market growth. Global Basmati Rice Market offers pinpoint analyses for increasing competitive dynamics and a forward-looking perspective on various factors that drive or restrain growth in the industry. In addition, basmati rice is useful for weight loss as it contains low carbohydrate, improves vitamin B deficiency, increases magnesium, and helps to create healthy bone, which in turn is expected to fuel growth on the global basmati rice sector. In addition, basmati rice helps to improve iron deficiency, and basmati brown rice consumption, which contains high fiber content, are other major factors expected to fuel growth on the global basmati rice market. Geographical Overview: The worldwide market for basmati rice is also listed according to the geography. Asia Pacific, except Japan (APEJ), North America, Europe, the Middle East, and Africa (MEA), China, and Latin America have emerged as this market's major geographic segments. APEJ has gained the leading position in the global economy, thanks to the high yield of paddy crop. Researchers expect the basmati rise APEJ market to hold an overall market share of more than 46 per cent by 2017. Further, due to the rising paddy prices, this regional market is expected to maintain its dominance over the coming years. Besides APEJ, MEA, Europe and Japan are also expected to see steady growth in the coming years. Segmental Overview: By Product Type – • Raw • Steamed • Parboiled By Species Type – • White • Brown By Application Type – • Food • Cosmetic • Personal Care By Sales Channel – • HORECA • Modern Trade • Convenience Store • Online Store • Traditional Grocery Stores Competitor Analysis: Basmati Rice Market has presence of some of the key major players across globe which includes • McCormick & Co. Inc. • LT Foods Ltd. • The Hain Celestial Group Inc. • Estraco Kft. • East End Foods • The Rice 'n Spice Int. Ltd. • KRBL Ltd. • Amira Nature Foods Ltd. • Mars Inc. • REI Agro Ltd. These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies. By Geographical Locations: • North America o U.S. o Canada • Europe o U.K. o France o Italy o Germany o Spain o Russia & CIS o Rest of Europe • Asia-Pacific o China o India o Japan o South Korea o ASEAN o Rest of Asia Pacific • Latin America o Brazil o Argentina o Rest of LATAM • Middle East & Africa o UAE o South Africa o Rest of MEA Highlights of the report What is Basmati Rice Market? Who all are key market players in the industry? How the Parent Industry is growing? Where are the key opportunities for new market entrant? A comprehensive analysis, which covers key growth factors across the value chain Recent developments in market Granular Market Segmentation Market size projection based on Historical & current market trends Market share analysis and key strategies adopted by leading Players Production Cost & Sensitivity Analysis Country Level Market Analysis of Top 16 countries Data Driven Decision Recommendations