Market Definition:
The global Brown Rice Market was valued at 8.7 billion in 2022 and it is anticipated to grow up to USD 12.5 billion by 2032, at a CAGR of 3.7% during the forecast period.
Brown rice is whole-grain rice whose inedible outer hull has been removed. White rice is also the same grain but has the bran layer, the hull, and cereal germ removed. Brown rice comprises carb-rice endosperm as-well-as fibrous bran that is good for your health. With copious fibre content with a lot of vitamins and minerals, brown rice also facilitates weight loss. Brown rice gets its color, flavor and texture from the bran layers that remain on the rice when it goes through the hulling process. It’s milled for less time than white rice, which is why it retains the bran layers and is known for being a healthy source of fiber and for its chewy texture and nut-like flavor.
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Market Outlook:
The brown rice industry is being pushed by rising demand for high-fiber foods that help treat several chronic conditions and enhance gut health. B1, B3, and B6 vitamins, phosphorus, manganese, and iron are all present in this product. Large producers have made investments in these rice products and are reaping the rewards of the rising demand for functional foods high in fiber. Since fiber helps control blood sugar levels, research has shown that this particular rice type is linked to weight reduction. All retail outlets are now seeing an increase in the popularity of this method of quickening weight reduction. The consumption of organic thin brown rice has increased as a result of the trend toward organic food and the belief that such goods are safer.
Market Restraints and Challenges
Rice price fluctuation greatly hinders global brown rice market growth since the price of thin brown rice is heavily reliant on the price of white rice. The world’s second-most popular grain is rice. In many nations, it is a common food. It is mostly made in Asia and South Asia and traded all over the world. During the past ten years, countries in Europe and North America have contributed much more to global rice imports. Yet, due to its reliance on the weather, its price is extremely unpredictable. Thus, the volatility in the price of rice is expected to restraints the market growth.
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Research Objectives:
• Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
• Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
• Identify factors influencing market growth and challenges, opportunities, drivers and restraints
• Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
• Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
• Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
• To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
• Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Global Brown Rice Market Segmental Overview
The report analyses the global Brown Rice Market based on Nature, length, type, Distribution Channel, and Region.
Major Players in the Global Brown Rice Market
Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the global Brown Rice market include Amira Nature Foods Ltd (UAE), Daawat (India), Grain Millers, Inc. (US), Kohinoor Foods Ltd. (India), Lundberg Family Farms (US), Riviana Foods Inc. (US), SunFoods, LLC (Hinode) (US), T.K. Ricemill and Ash (Thailand), Taj Mahal Basmati Rice (India), and Tamaki Rice Corporation (Japan). among others.
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Research Scope:
• Scope – Highlights, Trends, Insights. Attractiveness, Forecast
• Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
• Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
• Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
• Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
• Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
• Market Size in 2022 – $8.7 bn
• Market Size in 2032 – $12.5 bn
• CAGR % – 3.7%
• Historic Period – 2016-2021
• Forecast Period – 2023-2032
• Base Year – 2022
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