Tuesday, August 04, 2020

IMPACT OF COVID-19 ON RICE MARKET : IMPLICATIONS ON BUSINESS

IMPACT OF COVID-19 ON RICE MARKET : IMPLICATIONS ON BUSINESS

Rice inventories’ are increasing as the rice supply is continuously improving globally. Rice is one of the major food staples and mainstay for the rural population and their food security. Moreover rice is used as a wage commodity for workers in cash crop or non agriculture sectors in some countries such as India among others.

The global rice market can be segmented according to product type such as long grain white rice (high quality), long grain white rice (low quality), long grain parboiled rice, long grain fragrant rice, broken  and  medium  grain milled among others.

The market can be segmented geographically into North America, APAC, Europe and RoW regions.

The global rice market is expected to grow with a healthy single digit CAGR from 2013 to 2019.

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Some of the key players in rice industry are Riceland foods Inc., V.A.P Foods ltd and KRBL ltd among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
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  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory osf the market
  • Recommendations to companies for strengthening their foothold in the market

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