Basmati Rice Market Size, Major Strategies, Key Companies, Revenue Share Analysis 2021–2027

Precision Business Insights published a research report on “Basmati Rice Market: By Species (Brown and White), By Product Type (Raw, Steamed, and Parboiled), By Application (Food Industry, Cosmetic Industry, and Personal Care), By Distribution Channel (Traditional Grocery Stores, Convenience Stores, Online Stores, and Others), and Geography - Global/Region/Country Forecast to 2027".

Basmati rice is a healthy, low-calorie, fibrous meal that is high in vitamins, proteins, and minerals, as well as having an aromatic flavor. White basmati rice and brown basmati rice are two varieties of basmati rice that are regularly accessible and consumed. This rice may be eaten uncooked, parboiled, steamed, and so forth. Basmati rice provides the eight essential amino acids, folic acid, minimal salt, and no cholesterol, all of which are vital for human health and is recommended for those with heart disease and diabetes.

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A significant driver projected to fuel growth of the worldwide basmati rice market is the expanding population and desire for nutritious food items, along with the large quantity of Basmati rice production, particularly in India, Bangladesh, Vietnam, Pakistan, and other countries in the Asia Pacific region. Furthermore, rice is a basic meal used by people all over the globe, particularly in Asian nations, which is another factor projected to drive the global basmati rice market's rise in the next years. Furthermore, basmati rice is beneficial for weight reduction since it contains low carbohydrate, relieves vitamin B deficiency, enhances magnesium, and aids in the development of strong bones, all of which are expected to propel the global basmati rice market forward. Moreover, basmati rice aids in the reduction of iron deficiency, and the consumption of basmati brown rice, which has a high fiber content, are two important aspects projected to drive the global basmati rice market forward. Basmati rice is also utilized in the manufacturing of personal care items and cosmetics, which is predicted to contribute significantly to market growth. Market expansion is likely to be aided by growing consumer demand for online shopping and manufacturers' increased attention on making their products visible on E-commerce and M-commerce platforms.

On the basis of Product Type, the market is categorized into Parboiled, Raw, and Steamed. Based on Species, the market is classified into White and Brown rice. On the basis of Application, the market is divided into Cosmetics and personal care and Food. The Global Basmati Rice Market by End-use is bifurcated into Residential and Commercial.

Due to rising demand for raw basmati rice as a staple meal in most countries and rising spending capacity of the people on superior quality food goods, the Asia Pacific market is predicted to account for a large part of the worldwide basmati rice market in terms of revenue. Furthermore, the growing tendency of consumers concentrating on weight loss consuming higher nutritional value foods such as brown basmati rice is likely to drive the Asia Pacific market's growth. Due to the obvious strong demand for rice and rice-based goods in the area, the target market in North America is predicted to develop significantly in terms of revenue share. Due to rising demand for bakery items and rice as a flavour and fragrance component, the European market is likely to account for a large revenue share in the target market.

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There are some major players working in basmati rice market, which include McCormick & Co. (U.S), Hain Celestial (U.S), REI Agro (India), LT Foods (India), East End Foods (UK), Amira Nature Foods (UAE)

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