Global Parboiled Rice and White Rice Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global parboiled rice and white rice market is being aided by the increasing global production of rice. Aided by the growing demand for staple food products worldwide and the discerning tastes of consumers that dictate rice type preferences, the global rice production is further projected to grow at a CAGR of 1% in the forecast period of 2024-2032.
Parboiled rice, a result of a unique processing that partially boils rice in its husk, stands out in many ways. It is nutritionally superior to its counterparts, boasting higher levels of essential vitamins and minerals. This rice type undergoes a three-step process: soaking, steaming, and drying, which ensures that nutrients from the outer husk infiltrate the grain itself. Consequently, it has gained popularity among health-conscious consumers who prioritise nutrition without compromising on taste.
As per the parboiled rice and white rice market analysis, white rice, widely recognised for its polished appearance and devoid of its husk, bran, and germ, remains a global staple, especially in Asian countries. Its ease of cooking and versatility in various culinary applications, from main courses to desserts, have solidified its position as a kitchen essential.
With a burgeoning global population and rapid urbanisation, the demand for accessible and easily preparable food items has surged. White rice, with its short cooking time and adaptability in diverse dishes, caters to this increasing demand, especially in fast-paced urban settings, thereby boosting the parboiled rice and white rice market growth.
Concurrently, as awareness regarding the significance of a balanced diet expands, many consumers are gravitating towards nutritionally rich alternatives like parboiled rice. The trend of health and wellness, which echoes globally, has substantially uplifted the demand for parboiled rice, known to have a low glycaemic index and richer nutrient profile compared to white rice.
Moreover, the agricultural industry's advancements, with the introduction of high-yield and disease-resistant rice varieties, have bolstered the production of both rice types, ensuring a steady supply to meet the escalating demand.
However, it is not just about satiating hunger. The culinary world, ever-evolving and innovative, is continually experimenting, and rice remains a core ingredient. From gourmet preparations in five-star hotels to the comforting bowl of plain rice at homes, its omnipresence is undeniable. The hospitality and restaurant sectors, with their extensive use of both parboiled and white rice, significantly influence parboiled rice and white rice market outlook.
Regionally, Asia dominates the consumption chart, with countries like China, India, and Indonesia at the forefront. Their deep-rooted cultural significance attached to rice, combined with their vast population, underscores the demand. Meanwhile, in regions like North America and parts of Europe, where rice isn't traditionally a staple, the popularity of Asian cuisines and the rise in immigrant populations have spurred the parboiled rice and white rice market demand.
Market Segmentation
The market can be divided based on segment and region.
Market Breakup by Segment
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global parboiled rice and white rice market. Some of the major players explored in the report by Expert Market Research are as follows:
- Bühler AG
- Vinod Rice Mill Private Limited
- Axios Rice Mill
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.