Press release
Global Basmati Rice Market is expected to garner USD 23.9 billion by 2024 with By Major Vendors: McCormick & Company, Incorporated, LT Foods Limited, REI AGRO Limited
Global Basmati Rice Market valued approximately USD 9.2 billion in 2016 is anticipated to grow with a healthy growth rate of more than 11.2% over the forecast period 2017-2025. the global basmati rice market is undergoing a phase of significant improvement as consumers appreciate the quality and taste of basmati. With rice being one of the most crucial food crop and a staple for more than half of the population across the world, basmati rice has gained a premium status among all the type of rice available, globally due to its fine quality, fragrance, and taste, states the report. The increasing price of paddy crop and the declining inventory prices in Asian Countries are likely to reflect positively on the global market for the basmati rice in the years to come, states the research report.
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The Asia Pacific region will drive the future demand for basmati rice, where the production as well as consumption of basmati rice is centered, with China and India being the most prominent producers, as well as consumer of this type of rice. The Asia Pacific excluding Japan is the leading regional market for basmati rice, having 46% of the overall market in 2017. It is predicted to continue to be the leading consuming region throughout the forecast period to 2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Species:
White
Brown
Others
By Sales Channel:
Traditional
Modern
Retail
HORECA
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2015, 2016
Base year 2017
Forecast period 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include McCormick & Company, Incorporated, LT Foods Limited, REI AGRO Limited, The Hain Celestial Group, Inc, The Rice 'n Spice Intl Ltd, Amira Nature Foods Ltd, East End Foods, Mars Incorporated, Estraco Kft, KRBL Ltd and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Basmati Rice Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Chapter 1. Global Basmati Rice Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global Basmati Rice Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porters 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Basmati Rice Market, By Species
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Global Basmati Rice Market, Sub Segment Analysis
5.3.1. White
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.2. Brown
5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.3. Others
5.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
……
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