GCC Basmati Rice Market Share, Size, Price Trends and Forecast Report (2018-2023) - PowerPoint PPT Presentation

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GCC Basmati Rice Market Share, Size, Price Trends and Forecast Report (2018-2023)

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Get more information about the market: According to IMARC Group’s latest report, titled “GCC Basmati Rice Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the GCC basmati rice market reached a volume of around 2 Million MT in 2017. Request a sample report: Browse more reports on Food & Beverages industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: GCC Basmati Rice Market Share, Size, Price Trends and Forecast Report (2018-2023)


1
 GCC Basmati Rice Market to cross US 5 Billion
by 2023
Copyright IMARC. All Rights Reserved
2
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. IMARCs 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 companys
expertise. IMARCs 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.
3
Report Description and Highlights
Report Description
 GCC Basmati Rice Market to cross US 5 Billion
by 2023 The GCC basmati rice market has
witnessed a moderate growth over the years. Some
of the factors which have given impetus to the
market include lack of rice production on account
of an unsuitable climatic condition in the
region, rapid urbanisation, increasing disposable
incomes, etc. The term Basmati is derived from
the Hindi language which translates as the word
fragrant. In comparison to other varieties of
rice, basmati rice is considered as the most
flavoursome variant owing to its long and slender
grains, exquisite aroma, and nutty flavour. After
cooking, basmati rice does not stick together and
stays fluffy as well as dry. Rice plays a vital
role in the Middle Eastern cuisine as it
represents a staple food in the region. As a
result, various countries of the GCC region are
now the key importers of basmati rice. A new
research report by IMARC Group, titled GCC
Basmati Rice Market Industry Trends, Share,
Size, Growth, Opportunity and Forecast
2018-2023, estimates that the GCC basmati rice
market was worth US 4 Billion in 2017. The
report further anticipates the market to cross
US 5 Billion by 2023, at a projected CAGR of
more than 4 over the forecast period.
4
Report Description and Highlights
Report Description
  • GCC Basmati Rice Market Drivers/Constraints
  • GCC countries lack in the production of rice on
    account of unsuitable climatic conditions. As a
    result, they are extensively dependent on
    importing basmati rice from Pakistan and India.
    Moreover, a surge in the demand for better
    quality rice amongst the consumers is driving the
    growth prospects of the market.
  • Rising awareness for nutritive products amongst
    health-consciousness consumers has further
    propelled the demand for brown rice in the GCC
    region. Apart from this, the increasing demand
    for easy-to-cook food items is expected to boost
    the basmati rice market.
  • Some of the other factors influencing the demand
    for GCC basmati rice include rising urbanisation,
    changing demographics, increasing disposable
    incomes, large emigrant population and
    flourishing tourism sector.
  • A hike in the prices of rice due to inadequate
    production in the country of origin acts as one
    of the crucial factors for impeding the growth of
    the basmati rice market in the GCC region.
  • Read more here https//www.imarcgroup.com/gcc-bas
    mati-rice-market

5
Report Description and Highlights
Report Description
Rice Type Insights On the basis of type, the
GCC rice market is segmented as basmati and
non-basmati, and parboiled and raw. Currently,
the basmati and non-basmati segment exhibits a
clear dominance in the GCC region. Pack
Size Insights Based on pack size, the market is
segregated as retail packaging and institutional
packaging. Amongst these, retail packaging
dominates the GCC basmati rice market. Request
Sample Of The Report https//www.imarcgroup.com/r
equest?typereportid862flagB
6
Report Description and Highlights
Regional Insights On a geographical front, Saudi
Arabia enjoys a leading position in the GCC
basmati rice market accounting for the largest
share of imports from India. Saudi Arabia is
followed by UAE, Kuwait, Qatar, Oman and Bahrain.
Based on country of origin, India represents the
largest exporter of Basmati rice to the GCC
region, followed by Pakistan. Browse more
related reports  Pickles Market
https//www.imarcgroup.com/pickles-market
Organic Baby Food Market https//www.imarcgrou
p.com/organic-baby-food-market
7
Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its 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.
8

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