GCC Basmati Rice Market Driven by Growing Demand for Better Quality Basmati
Copyright © IMARC. All Rights Reserved
About IMARC Group
Report Description
IMARC is a leading advisor on 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. IMARC’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’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
Report Description and Highlights Report Description GCC Basmati Rice Market Driven by Growing Demand for Better Quality Basmati
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. According to IMARC Group’s latest report, titled “GCC Basmati Rice Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the GCC basmati rice market reached a value of nearly US$ 4 Billion in 2016. ‘Basmati’, 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.
Request Sample of the Report: http://www.imarcgroup.com/request?type=report&id=862&flag=B
Report Description and Highlights
Report Description
Report Description and Highlights
Report Description
Highlights of the GCC basmati rice market: • • •
Lack of domestic rice production in the GCC region remains the key growth inducing factor. Parboiled basmati rice represents the most popular product type. Within the region, Saudi Arabia is the leading market for basmati rice.
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. Read full report @ http://www.imarcgroup.com/gcc-basmati-rice-market
Report Description and Highlights
Report Description
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.
The report has examined the GCC basmati rice market on the basis of: Product Type: • Parboiled Basmati Rice • Raw Basmati Rice • Pack Size: • •
Retail Packaging Institutional Packaging
Country: •
Saudi Arabia
Report Description and Highlights Report Description • • • • •
UAE Qatar Oman Kuwait Bahrain
Browse More Related Report @ http://www.imarcgroup.com/categories/foodbeverages-market-reports
Report Description and Highlights
Report Description
Š 2017 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
Contact Us
FOR MORE DETAILS Visit us at :
http://www.imarcgroup.com Stay With Us:
TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com