Brown Rice Market was valued at US$ 13.59 Bn. in 2029. The Global Market size is estimated to grow at a CAGR of 5 % over the forecast period.
Brown Rice Market Overview:
This study's objective is to present a thorough market segmentation by geographic regions and product types, as well as an overview of the Brown Rice industry. The analysis includes major information on market positions of the top Brown Rice organizations as well as significant industry trends and opportunities.
The study also includes information on the major players in the global Brown Rice market, such as company biographies, product images and specifications, production capacity, pricing, cost, and contact information. This study examines the entire Brown Rice Market Size from a global perspective and makes predictions about future trends based on past data.
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COVID-19 Impact Analysis on Brown Rice Market:
The COVID-19 outbreak has caused substantial changes in consumer behavior across many areas of society. On the other hand, industries will need to modify their strategies to account for changing market supply. This report offers an overview of COVID-19's impact on the market and will help you build your business in accordance with the new industry standards. The results are verified through reviews and market leaders. The secondary research and analysis of the same are done using both paid and unpaid databases. Consumption in each nation by kind and supply by each player are sourced from legitimate government databases, paid databases, and, in the case of listed firms, company annual reports.
Brown Rice Market Scope:
Aftermarket engineering undertook thorough primary research that included data triangulation, market breakdown, estimates, computations of market statistics, and calculations of market size in order to gather information, validate important figures, and verify the findings. To calculate percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. Based on the stated market size's acceptance or usage in the relevant region, the global markets and their sub-segments are segmented by country. Numerous market and industry-related topics are highlighted in the research. New product launches, business expansions, partnerships, joint ventures, and acquisitions are a few examples of marketing techniques. Additionally, the key components of the market research that clearly focus on the industry landscape have all been taken into consideration when structuring this study.
Segmentation Analysis:
According to length, long grain has a larger market share due to its expanding use in gatherings and diverse meals like pilaf and sautéed food because, after cooked, it becomes hard, fleecy, and stays discrete. Compared to other foods, these take a long time to cook. After cooking, medium grain is preferable since it is delicate and has a nutty flavour. In general, soups and mixed greens are served with these. In comparison to other types, short is the sweetest and has a denser, chewier texture. These are primarily used in puddings and deserts like tiramisu and risotto. Cooking time for medium grains is the shortest.
Due to the convenience of product availability, super shops, which are considered a distribution channel, have a significant market share among metropolitan and semi-urban populations. The number of businesses with central locations, like Fairway and Walmart, has increased significantly. There has been an increase in online sales of about 10% as a result of the proliferation of online platforms, markdown deals, and easy delivery. With an increase in local demand in the market, department and grocery stores are seeing significant growth and a respectable market share.
Key Competitors:
The industry placed a strong emphasis on alliances, purchases, and collaborations as inorganic growth tactics. The Brown Rice market's potential for future rapid growth means that industry participants should benefit from it. The businesses listed below make up the global Brown Rice market.
• Hain Celestial Group
• New Bharat Group Rice Mills
• Pride India FMCG Limited
• Kikkoman Corporation
• Sukoyaka Brown Rice
• Asia Golden
• T.K. Mills
• Shiva Shellac & Chemicals
• Daawat,
• Amira Nature Foods
• Riviana Foods
• Chandrika Group
• Ebro Foods
• Sun Food
• Agistin Biotech
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Regional Analysis:
After examining the political, economic, social, and technological aspects influencing the Brown Rice market in each of these regions, the report also includes extensive PESTLE assessments for each of the five regions—North America, Europe, Asia Pacific, the Middle East, Africa, and South America.
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