Global Ready to Eat Rice Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Ready to Eat Rice Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Ready to eat rice refers to pre-cooked rice. Some types can use a microwave. Some types are dehydrated so the cooking process is convenient.

Market Overview:

The latest research study on the global Ready to Eat Rice market finds that the global Ready to Eat Rice market reached a value of USD 2178.03 million in 2022. It’s expected that the market will achieve USD 4187.43 million by 2028, exhibiting a CAGR of 11.51% during the forecast period.

Strength

Expanding consumer preference for individualized food.
Increase downstream demand.
Growing distribution channel.

Weakness

Fierce competition.
Food safety concerns from consumers.

Opportunity

Growing opportunities in emerging markets, such as.
China, India, Brazil, the Middle East, and Africa.
Changes in people's lifestyle.

Threat

Fluctuation price of raw materials.
Alternative products.

Region Overview:

Geographically, Asia Pacific held the largest market share – 71.39% in 2022.

Company Overview:

Ajinomoto Group is one of the major players operating in the Ready to Eat Rice market, holding a share of 14.62% in 2023.

Ajinomoto Group

Ajinomoto Co., Inc. produces and sells a variety of food products, including seasonings, edible oils, processed foods, beverages, and dairy products. The Company also develops and manufactures pharmaceuticals, amino acids, and specialty chemicals.

Nichirei Corporation

NICHIREI CORPORATION produces and distributes frozen food, ice, and meat products. The Company also provides a variety of cold storage services, as well as manages leasing business for buildings and parking garages.

Segmentation Overview:

As for product types, the Chinese Style segment held the largest market share in 2022.

Application Overview:

By application, the Supermarkets/Hypermarkets segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Ready to Eat Rice market covered in Chapter 3:

Nestle
P.F. Chang's
Ajinomoto Group
Mars, Inc.
Tesco
Lundberg Family Farms
CJ CheilJedang
Nomad Foods
Conagra Brands
Maruha Nichiro
Tiger Brands
MTR Foods
Whole Foods
TableMark
Nichirei Corporation
Ottogi
Ebro Foods
Pulmuone

In Chapter 4 and Chapter 14.2, on the basis of types, the Ready to Eat Rice market from 2018 to 2029 is primarily split into:

Indian Style
Chinese Style
Other Styles

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Ready to Eat Rice market from 2018 to 2029 covers:

Supermarkets / Hypermarkets
Independent / Specialist Retailers
Restaurant and Hotels
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)