The Growing Demand for GCC Basmati Rice: Market Trends and Analysis

IMARC Group has recently released a new research study titled "GCC Basmati Rice Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

How big is the GCC basmati rice market?

The GCC basmati rice market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2028, exhibiting a growth rate (CAGR) of 1.2% during 2023-2028.

Basmati rice, a staple in many households, is a long-grain rice variety that is highly regarded for its exquisite aroma, slender grains, and exceptional taste. This premium rice variety originates primarily from the Indian subcontinent, particularly India and Pakistan, where it has been cultivated for centuries. It has unique fragrance, often described as nutty or floral, which adds a delightful dimension to culinary creations. Its elongated grains remain separate and fluffy when cooked, making it a preferred choice for various dishes. Basmati rice is known for its exceptional quality and is often considered the king of rice due to its superior attributes.

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GCC Basmati Rice Market Trends, Demand, and Growth Drivers:

The GCC basmati rice market is primarily driven by the increasing demand for premium and high-quality rice products. Consumers in the GCC region have a strong preference for basmati rice due to its superior quality, and this demand continues to rise as people seek a refined and flavorful dining experience. Additionally, the health-conscious trend in the region is influencing the market. Basmati rice is naturally gluten-free, low in fat, and has a low to medium glycemic index, making it a healthy choice for consumers. As health and wellness become more prominent considerations for consumers, the market for basmati rice is benefiting from this trend. Furthermore, the growing popularity of international cuisine and fusion cooking in the GCC region is boosting the demand for basmati rice. Its versatility makes it an ideal choice for various recipes, from traditional Indian and Middle Eastern dishes to innovative culinary creations. This versatility is driving sales in households and in the foodservice industry.

The GCC basmati rice market is also witnessing the influence of sustainability and eco-friendliness. Consumers are increasingly conscious of the environmental impact of their food choices. Basmati rice, being a natural and eco-friendly product, aligns with these values. It is cultivated with sustainable farming practices, and the market is responding positively to this eco-conscious approach. Moreover, the market is benefiting from technological advancements in rice processing and packaging. Modern packaging techniques ensure the preservation of basmati rice's unique aroma and flavor, extending its shelf life and maintaining its premium quality. This technological innovation enhances the overall customer experience and contributes to the market's growth.

Market Segmentation:

The report has segmented the market into the following categories:

Breakup by Rice Type:

Parboiled

Raw

Breakup by Pack Size:

Retail Packaging

Institutional Packaging

Breakup by Country of Origin:

India

Pakistan

Others

Breakup by Country:

Saudi Arabia

UAE

Kuwait

Oman

Qatar

Bahrain

Click here to view detailed information with table of content: https://www.imarcgroup.com/gcc-basmati-rice-market

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Website: https://www.imarcgroup.com

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

This release was published on openPR.