Parboiled and White Rice Market to Expand at a CAGR of 1.78% Over 2019-2024
By: IMARC Group
Global Parboiled and White Rice Market Trends:
Owing to the altering dietary patterns, improving standards of living and increasing health awareness among consumers, there is a rise in the demand for white rice, especially in the Asia region. This can also be accredited to various benefits, including muscle growth, treating gastrointestinal distress and preventing kidney problems, offered by the incorporation of white rice in the daily diet. Moreover, as white rice is gluten-free, it is widely preferred by consumers who are intolerant to gluten. There is also a rise in the demand for parboiled rice as it is a rich source of vitamins, minerals, carbohydrates and other essential dietary nutrients. Also, it is easy to digest, and its adequate consumption aids in maintaining sugar levels, preventing cardiovascular diseases and strengthening the immune system of the body, owing to which there is a growing inclination toward parboiled rice among consumers. Looking forward, the market volume is projected to reach 229.5 Million Tons by 2024, expanding at a CAGR of 1.78% during 2019-2024.
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Market Breakup by End Use
1. Food Use
2. Feed Use
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Market Breakup by Region
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