Global Market Analysis Of A Staple Food – RICE

Long Basmati Rice

The Basmati Rice report considers the following years to present the overall market growth:

  • History Year: 2014 – 2018
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year: 2018 – 2028

Key findings of the Basmati Rice market study:

  • Regional breakdown of the Basmati Rice market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Basmati Rice vendors in detail.
  • Region-wise and country-wise fragmentation of the Basmati Rice market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.

Factors (Positive and Negative) impacting the growth of the global Basmati Rice market.

Market Dynamics

The basmati rice market is projected to witness an optimistic growth trajectory against the backdrop of multiple factors such as growing demand for long-grain speciality rice and strong supply chain.

While rice is consumed as a staple food across world regions, demand for specialty rice is increasing exponentially following the growing appetite for aromatic rice. Although the higher cost of basmati rice continues to limit the widespread adoption, ameliorating economic conditions, steadily rising consumer purchase power and improving marketing values of basmati rice are propelling the consumption levels of speciality rice across global economies. Superior characteristics of long-grain rice capture the palate of many among which basmati rice is the highly sought after long grain speciality rice varieties.

A sizeable export of basmati rice across the world regions has generated the need for a stronger supply chain to establish a fair outcome benefiting all the supply chain participants starting from farmers to consumers. While governments are actively engaged in strengthening the basmati rice supply chain, prominent market players continue to establish authenticity in the basmati rice supply chain which, in turn, enhances the brand image in both domestic and international markets.

On the basis of region, the Basmati Rice market study contains:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Source: https://express-press-release.net/news/2020/12/09/816683

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