IMARC Group, a leading market research company, has recently releases report titled “GCC Rice Market Report by Product Type (Regular, Aromatic), Type (Red Rice, Arborio Rice, Black Rice, Grain Fragrance Rice, Brown Rice, Rosematta Rice, Grain Parboiled Rice, Sushi Rice, and Others), Grain Size (Long Grain, Medium Grain, Short Grain), Distribution Channel (Offline Stores, Online Stores), Application (Food, Feed, and Others), and Country 2024-2032”. The study provides a detailed analysis of the industry, including the GCC rice market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the GCC Rice Market?
The GCC rice market size is projected to exhibit a growth rate (CAGR) of 3.3% during 2024-2032.
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GCC Rice Market Trends and Drivers:
The increasing population, including a substantial expatriate community from rice-consuming countries, is fueling the GCC rice market. Additionally, the demand for rice in the country is high due to the cultural significance of local cuisine and its essential role in traditional dishes, which is augmenting the market. In line with this, the consumer are increasingly spending on food with the rising disposable income levels in GCC, which led to a noticeable shift for premium and specialty rice varieties.
Furthermore, to meet domestic consumption needs due to the limited water resources and arable land available, the market is relying on the import of rice, which is further bolstering the market. In addition to this, a growing consumer preference for healthier and organic rice varieties, driven by an increasing awareness of health and wellness are the emerging trends in the GCC rice market. Moreover, to provide options to health-conscious consumers, there is a shift towards the adoption of brown rice, basmati, and other whole-grain options, which is creating a positive outlook for the market. Moreover, with consumers showing interest in the environmental and social impact of their food choices, there is a noticeable trend towards sustainable and ethical sourcing practices, which is anticipated to drive the GCC rice market in the coming years.
GCC Rice Market Report Segmentation:
The report is organized into distinct sections as follows:
Product Type Insights:
Regular
Aromatic
Type Insights:
Red Rice
Arborio Rice
Black Rice
Grain Fragrance Rice
Brown Rice
Rosematta Rice
Grain Parboiled Rice
Sushi Rice
Others
Grain Size Insights:
Long Grain
Medium Grain
Short Grain
Distribution Channel Insights:
Offline Stores
Online Stores
Application Insights:
Food
Feed
Others
Country Insights:
Saudi Arabia
UAE
Qatar
Bahrain
Kuwait
Oman
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Other Key Points Covered in the Report:
COVID-19 Impact
Porters Five Forces Analysis
Value Chain Analysis
Strategic Recommendations
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