{"id":656058,"date":"2023-06-16T22:22:01","date_gmt":"2023-06-16T22:22:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=656058"},"modified":"2023-06-16T22:22:01","modified_gmt":"2023-06-16T22:22:01","slug":"rice-market-share-global-size-value-price-trends-top-vendors-demand-growth-report-20232028","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/rice-market-share-global-size-value-price-trends-top-vendors-demand-growth-report-20232028_656058.html","title":{"rendered":"Rice Market Share, Global Size, Value, Price Trends, Top Vendors, Demand, Growth, Report 2023-2028"},"content":{"rendered":"
\"Rice<\/a><\/div>\n
The global rice market size reached US$ 294.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 345.8 Billion by 2028, exhibiting a growth rate (CAGR) of 2.7% during 2023-2028. The rising utilization in cafes, restaurants, and hotels, wide availability through various distribution channels, and increasing demand for brown rice represent some of the key factors driving the market.<\/div>\n

The latest report by IMARC Group, titled “Rice Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028<\/strong>”, offers a comprehensive analysis of the industry, which comprises insights on the global rice market. The report also includes competitor and regional analysis, and contemporary advancements in the market.<\/p>\n

The global rice market size reached US$ 294.8 Billion<\/strong> in 2022<\/a>. Looking forward, IMARC Group expects the market to reach US$ 345.8 Billion<\/strong> by 2028, exhibiting a growth rate (CAGR) of 2.7%<\/strong> during 2023-2028.<\/p>\n

Rice refers to a starchy seed or grain derived from an annual marsh grass known as Oryza sativa, which is cultivated in warm climates. It is a nutritious food that is rich in carbohydrates, vitamins, and minerals and low in fat and cholesterol, making it a healthy choice for individuals who are trying to maintain a balanced diet. Besides, it is gluten-free, which makes it a good option for the masses suffering from celiac disease or gluten intolerance. It is a versatile food that can be cooked in many different ways, including boiling, steaming, frying, and baking, and can be used as a base for dishes such as stir-fries, casseroles, and stews, or as a side dish to accompany meats, and vegetables. Some commonly consumed rice varieties include brown rice, Indica rice, black rice, red rice, bomba rice, arborio rice, parboiled rice, sushi rice, and glutinous rice .<\/p>\n

Request Free Sample Report:<\/strong> https:\/\/www.imarcgroup.com\/rice-market\/requestsample<\/a><\/p>\n

Rice Market Trends:<\/strong><\/p>\n

The growing utilization of rice in the food and beverage (F&B) industry to prepare various cuisines is driving the global market. Along with this, the increasing shift of consumers towards healthy eating habits is propelling the growth of the market. Moreover, numerous major companies are focussing on introducing new varieties and developing innovative packaging solutions that provide flexibility and convenience to consumers, which are acting as other growth-inducing factors. Additionally, the rising initiatives and support by the government to increase production and strengthen rice farming are augmenting the market. Other factors, including changing dietary patterns and the wide availability of rice through online and offline distribution channels, are also fostering product demand.<\/p>\n

Competitive Landscape:                                 <\/strong><\/p>\n

By IMARC Group, the Top 12 Rice Companies in the World 2023<\/a>:<\/strong><\/p>\n