{"id":161905,"date":"2017-11-17T13:00:11","date_gmt":"2017-11-17T13:00:11","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=161905"},"modified":"2017-11-17T13:00:11","modified_gmt":"2017-11-17T13:00:11","slug":"gcc-basmati-rice-market-driven-by-growing-demand-for-better-quality-basmati","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/gcc-basmati-rice-market-driven-by-growing-demand-for-better-quality-basmati_161905.html","title":{"rendered":"GCC Basmati Rice Market Driven by Growing Demand for Better Quality Basmati"},"content":{"rendered":"<div style=\" width:250px; padding:8px 10px 10px 10px; float:right;\"><a href=\"http:\/\/www.abnewswire.com\/pressreleases\/wp-content\/uploads\/2017\/11\/1510892115.jpeg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"image\" src=\"http:\/\/www.abnewswire.com\/pressreleases\/wp-content\/uploads\/2017\/11\/1510892115.jpeg\" alt=\"\" width=\"160\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/p>\n<div class=\"quotes\" style=\" font-weight:bold; font-style:italic;\">\n<div>&#8220;GCC Basmati Rice Market Driven by Growing Demand for Better Quality Basmati&#8221;<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">The GCC basmati rice market has witnessed a healthy growth over the last few years. This can be accredited to the growing demand for better quality of rice, lack of domestic production, and the thriving expatriate population in the GCC countries.<\/div>\n<p style=\"text-align: justify;\">According to IMARC Group&rsquo;s latest report, titled&nbsp;<strong>&ldquo;GCC Basmati Rice Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022&rdquo;<\/strong>, the&nbsp;<a rel=\"nofollow\" href=\"http:\/\/www.imarcgroup.com\/gcc-basmati-rice-market\"><span>GCC basmati rice market<\/span><\/a>&nbsp;reached a value of nearly US$ 4 Billion in 2016. &lsquo;Basmati&rsquo;, derived from the Hindi language, literally means fragrant. It is a variety of long, slender-grained aromatic rice and traditionally finds its roots from the Indian subcontinent. The distinctive fragrance and flavor of basmati rice can be accredited to the presence of a natural aromatic chemical compound. The presence of this compound is 12 times more in basmati rice as compared to the non-basmati rice varieties. Owing to this, basmati rice is considered as one of the best quality rice, and is extensively used in the Middle Eastern cuisines. It represents a major component of various lavish dishes, particularly in the GCC countries, which contain layers of rice, meat, sauces and dried fruits.<\/p>\n<p style=\"text-align: justify;\"><strong>Highlights of the GCC basmati rice market:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Lack of domestic rice production in the GCC region remains the key growth inducing factor.<\/li>\n<li>Parboiled basmati rice represents the most popular product type.<\/li>\n<li>Within the region, Saudi Arabia is the leading market for basmati rice.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong><br \/>Request a free sample copy of the report:&nbsp;<a rel=\"nofollow\" href=\"http:\/\/www.imarcgroup.com\/request?type=report&amp;id=862&amp;flag=B\" target=\"_blank\">http:\/\/www.imarcgroup.com\/request?type=report&amp;id=862&amp;flag=B<\/a><br \/><\/strong><br \/>Due to unsuitable climatic conditions and a consequent lack of domestic rice production, the GCC countries are highly dependent on imports to meet their rice needs. Since rice forms an important part of the regular diet and numerous dishes in these countries, the growing demand for better quality basmati rice is influencing the market growth positively. Additionally, a thriving expatriate population and flourishing tourism sector in the GCC countries has fueled the consumption of basmati rice in the region. Some of the other factors contributing to the growing GCC basmati rice market include the presence of strong distribution channels in the region, rising urbanization rates, changes in demographics and inflating income levels. According to the report, the market is expected to reach a value of around US$ 6 Billion by 2022, growing a CAGR of 7.5% during 2017-2022.<\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"http:\/\/www.abnewswire.com\/uploads\/7d0d6a0d8e22a20e2456bfde78f905e4.png\" alt=\"\" \/><\/p>\n<p style=\"text-align: justify;\">On the basis of product type, the market is segmented into parboiled basmati rice and raw basmati rice. Currently, parboiled basmati rice is the most popular type, holding the majority of total sales. Based on the pack size, the market is categorized into institutional packaging and retail packaging. On a regional basis, Saudi Arabia represents the largest market, accounting for the majority of the total share. Other major regions include UAE, Kuwait, Qatar, Oman and Bahrain.<\/p>\n<p style=\"text-align: justify;\"><strong>The report has examined the GCC basmati rice market on the basis of:<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Product Type:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Parboiled Basmati Rice<\/li>\n<li>Raw Basmati Rice<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Pack Size:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Retail Packaging<\/li>\n<li>Institutional Packaging<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Country:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Saudi Arabia<\/li>\n<li>UAE<\/li>\n<li>Qatar<\/li>\n<li>Oman<\/li>\n<li>Kuwait<\/li>\n<li>Bahrain<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Browse related reports:<\/strong><\/p>\n<p style=\"text-align: justify;\"><a rel=\"nofollow\" href=\"http:\/\/www.imarcgroup.com\/prefeasibility-report-chickpea-processing-plant\" target=\"_blank\"><strong>Chickpeas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022<\/strong><\/a><\/p>\n<p style=\"text-align: justify;\"><a rel=\"nofollow\" href=\"http:\/\/www.imarcgroup.com\/prefeasibility-report-mung-bean-processing-plant\" target=\"_blank\"><strong>Mung Beans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022<\/strong><\/a><\/p>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>About Us<\/strong><\/p>\n<p style=\"text-align: justify;\">IMARC&nbsp;Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.<\/p>\n<p style=\"text-align: justify;\">IMARC&rsquo;s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company&rsquo;s expertise.<\/p>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> IMARC Group<br \/><strong>Contact Person:<\/strong> Anand Ranjan<br \/><strong>Email:<\/strong> sales@imarcgroup.com<br \/><strong>Phone:<\/strong> +1-631-791-1145<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a href=\"http:\/\/www.imarcgroup.com\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.imarcgroup.com\/<\/a><\/p>\n<p><object type=\"text\/html\" data=\"http:\/\/www.imarcgroup.com\/\" style=\"width:605px; height:400px;\"><\/object><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.abnewswire.com\/press_stat.php?pr=gcc-basmati-rice-market-driven-by-growing-demand-for-better-quality-basmati\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;GCC Basmati Rice Market Driven by Growing Demand for Better Quality Basmati&#8221; The GCC basmati rice market has witnessed a healthy growth over the last few years. This can be accredited to the growing demand for better quality of rice, &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/gcc-basmati-rice-market-driven-by-growing-demand-for-better-quality-basmati_161905.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401],"tags":[],"class_list":["post-161905","post","type-post","status-publish","format-standard","hentry","category-Business"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/161905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=161905"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/161905\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=161905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=161905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=161905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}