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Basmati Rice Market - Global Opportunity Analysis and Industry Forecast, 2021-2027
| A08790 | Pages: NA | Jun 2021 | 177 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Basmati Rice Market
Request Now !Rice, is the crucial food for half of the population across the world. Basmati rice has gained maximum market penetration owing to its excellent aroma, aesthetic taste, and good cooking qualities. It has high nutrition content and is considered as the “taste for elite”. Basmati rice is majorly preferred to consume on various occasions and ceremonies including marriages, Eid, and house & corporate parties. Thus, consumption of basmati rice on occasions is considered to major driver for the market growth. Furthermore,a sizeable export of basmati rice across the world has generated the need for a stronger supply chain to establish a fair outcome benefiting all the supply chain participants starting from farmers to the consumers.
Market Scope and Structure Analysis
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value ($US) |
Segments covered | Species,Sales channel, Application,and Region |
Regions covered |
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Companies covered | McCormick & Company, Incorporated, LT Foods Limited, REI AGRO Limited, The Hain Celestial Group, Inc., The Rice 'n Spice Intl Ltd., Amira Nature Foods Ltd., East End Foods, Mars Incorporated, Estraco Kft, and KRBL Ltd. |
Covid-19 Scenario Analysis:
Corona virus has spread all over the world and most of the countries are adopting lockdown measures to control the spread of the virus for securing public health. All business and production activities are fully shut down except food and medical sector or other, leading toward economic crisis in the country. Manufacturing and production functions are stopped which has slowed down the business and inactive trade and transportation has fully disrupted the supply chain because of which companies can face big losses in near future.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The rise indemand for aromatic rice continues to remain highamong its consumers.Increase in the consumer’s disposable income and rise in consciousness regarding healthy lifeare considered to be key drivers for the growth of the basmati rice market. Furthermore, the rise in appetite for long-grain rice booststhe demand for basmati rice during the forecast period. Considerable changes in the food consumption pattern and increase in trend of eating outside are expected to fuel the growth of the market.
Asia-Pacific is expected to grow at highest rate
Asia-Pacific is anticipated to gain significant traction for basmati rice owing to its increase in consumption and production. India and China are the major producers of basmati rice, which is majorly attributed to its favourable climate and soil.It is a scented pearl of the country emerging from the time of Mughals. Basmati rice is exported which is expectedto contributetoward the growth of the basmati rice market.
Segments | Sub-segments |
Species |
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Sales Channel |
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Application |
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Key Benefits of the Report:
The report provides a quantitative analysis of the current basmati rice market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
In-depth analysis and the market size and segmentation assists to determine the prevailing basmati rice market opportunities.
The major countries in each region are mapped according to their revenue contribution to the market.
The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the basmati rice industry.
Questions Answered in the basmati rice market Research Report:
What are the leading market players active in the basmati rice market?
What current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
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Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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