Brown Rice Market Size, Share, Industry Demand, Growth Opportunity, Vendors, Trends, Challenges, Regions, Segmentation by 2023


Posted September 4, 2019 by nikhilk

Brown Rice Market is Expected to Grow CAGR in a Forecast Period, Global Brown Rice Market, by category, Packaging Type, Distribution Channel and Region | Brown Rice Industry

 
Brown Rice Market Highlights

Brown Rice Market 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 has been segregated, by category, into organic and conventional. The conventional segment is expected to dominate the global brown rice 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.

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Market Segmentation

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 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).

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Regional Analysis

Based on 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 brown rice 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.

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Categories Business , Food , Marketing
Tags brown rice market , brown rice market brown rice market research , brown rice market forecast , brown rice market segmentation
Last Updated September 4, 2019