As of 2022, the global brown rice market is valued at $9. 843 billion. The market is expected to have grown at a compound annual expansion rate (CAGR) of 6. 2%, or over $17,895. 2 million, between 2022 and 2032. In the midst of the pandemic, COVID-19 has exerted a remarkable global influence, definitively influencing the brown rice trend in all districts.
One of the main staple foods on which more than a portion of the world’s population feeds is rice. Although rice is grown and processed in a different way, most of the world’s rice is fed there. However, the transregional rice industry is encouraged by increasing demand in certain regions.
The brown rice market, estimated at $9. 843 billion globally in 2022, is expected to grow at a compound annual expansion rate (CAGR) of 6. 2% between 2022 and 2032, when it is expected to reach over $17,895. 2 million. , the COVID-19 pandemic quickly had a favorable effect on brown rice tastes around the world.
Key points:
Most rice is fed and produced in Asia, with Central Asian countries such as India, Pakistan and Thailand producing about 90% of the world’s rice. Due to the gigantic exports of rice to other countries, those countries have lately consumed less rice than world production.
Brown rice CAGR faster than the entire rice sector. Major manufacturers are turning to brown rice production as demand for increases in primary load countries.
The brown rice markets in North America, Latin America, Western and Eastern Europe, Asia-Pacific, Japan, the Middle East, and Africa can be divided geographically.
The most important market in terms of production and intake is Asia-Pacific. Rice, including brown rice, is mainly exported from Thailand, Vietnam and India. Less than 50% of global rice imports come from the top 10 importing countries. which are distributed among the countries with the highest carrying capacity.
Indonesia, the Philippines, Iran, Nigeria and a small number of European countries are the main consumers of brown rice. During the projected period, Latin American countries are expected to take advantage of their land and water resources available to major manufacturers and exporters. rice.
Key things to remember:
Brown Rice Market Drivers:
The brown rice industry is emerging in parallel with the expansion of the rice industry between countries. The brown rice market is expected to grow at a faster rate than the rice market, owing to the conversion of personal tastes towards healthy eating behavior and the nutrients that brown rice provides. , such as nutrients (B), phosphorus, and magnesium, which make it a preferred choice for many healthy people.
Due to the growing demand, brands are focusing on launching new brown rice brands and are redoubling their efforts to attract health-conscious people. Demand for brown rice is also emerging from several
Countries in the Middle East and Africa, which are driving the expansion of the brown rice market. Innovation in packaging and the conversion of food preferences, such as the emergence of ready-to-eat food products, will lead to the arrival of ready-to-eat products. Cook brown rice according to the forecast. In most countries where brown rice was once only liked by diabetic patients, it is now gaining popularity among a growing number of consumers concerned about their physical condition. The fact that it is not a staple food is also expected to contribute to the expansion of the brown rice industry.
Key players. Main Players:
The major players in the brown rice market are T. K. Ricemill and Ash, Asia Golden Rice Co. , Ltd. , Daawat, Shiva Shellac And Chemicals, Amira Nature Foods Ltd. , Chandrika Group of Mills, Riviana Foods Inc. , Ebro Foods, Agistin Biotech, Pvt. Ltd. et SunFoods, LLC.
Brown Rice Market Segmentation:
By Type:
By length:
By Distribution Channel:
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The Associate Vice President of Future Market Insights is deeply committed to uncovering actionable insights for customers and food and beverage stakeholders. It brings a combination of analytics, industry trends, and customer habits to put knowledge into perspective.
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