Fortified Rice Market- Accelerating Rapid Growth with Excellent Future CAGR and Top Players by 2024-2031 | LT Foods, Cargill Incorporated, BASF SE.

The Fortified Rice Market study by DataM Intelligence offer an in-depth analysis of the market, presenting insightful observations, statistics, historical data, and industry-validated market insights. The report delves into the competitive positioning of key companies, examining factors such as product offerings, pricing strategies, financial health, product portfolios, growth initiatives, and geographical reach.

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What is the projected growth rate (CAGR) of the Global Fortified Rice market from 2024 to 2031, and what is the market value expected to change by 2031?

The Global Fortified Rice Market reached US$14.86 billion in 2023 and is expected to reach US$21.27 billion by 2031, growing at a CAGR of 4.58% during the forecast period 2024-2031.

The Fortified Rice market focuses on the production and distribution of rice that has been enriched with essential nutrients, such as vitamins and minerals, to combat malnutrition. Fortified rice is commonly used in food assistance programs and as a sustainable solution to improve public health, especially in regions with high levels of vitamin and mineral deficiencies. The market is driven by growing awareness of nutrition-related health issues, government initiatives, and the rising demand for fortified food products globally.

Key Developments:

On June 5, 2024, Capwell Industries made a significant contribution to the African food industry by launching the first-ever fortified rice in Kenya. This rice is enriched with essential nutrients, including vitamins B6, B1, B9 (folic acid), iron, and zinc, offering enhanced nutritional benefits without any additional cost to consumers. This initiative reflects Capwell's commitment to improving nutrition and well-being in the region.

On January 31, 2023, Panchamrutha introduced South India's first fortified rice. This product is designed to promote a healthier lifestyle by blending fortified rice kernels with regular rice, significantly improving its nutritional profile to better support the daily dietary needs of consumers in the region.

List of the Key Players in the Fortified Rice Market:

LT Foods, Cargill Incorporated, BASF SE, DSM, Oliria Foods & Beverages Limited, Sarwafood, Relishum Foods LLP, Shivshakti International, Christy Friedgram Industry and Balaji Rice Industries Private Limited.

Research Process:

Both primary and secondary data sources have been used in the global Fortified Rice Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Fortified Rice Market:

By Micronutrients: Minerals, Vitamins, Others.

By Technology: Drying, Extrusion, Coating Technology & Encapsulation, Others.

By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, Others.

By End-User: Commercial, Residential.

Regional Breakout:

The global Fortified Rice Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Fortified Rice Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Fortified Rice Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains chapter wise data, as well as information about the research scope, major manufacturers covered, market segments, Fortified Rice market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Fortified Rice Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Fortified Rice market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Fortified Rice Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently Asked Questions

✹ What is the expected growth rate of the global market for the forecast period?

✹ What are the key driving factors that are responsible to shape the fate of the Fortified Rice market during the forecast period?

✹ What will be the overall size of the market during the analysis period?

✹ What are the prominent market trends which influence the development of the Fortified Rice market across various regions?

✹ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

✹ What are the challenges and threats that are likely to act as a barrier to the growth of the Fortified Rice market?

✹ What are the major opportunities that the companies can get to attain success in the world?

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