LOS ANGELES, Feb. 26, 2019 (GLOBE NEWSWIRE) -- The global organic rice market was valued at US$ 1.5 Bn in 2018 and is expected to rise at a CAGR of 8% between 2019 and 2025. The market is poised to reach US$ 2.78 Bn by 2025. QY Research gives a detailed analysis of the market in its latest report of “Global Organic Rice Industry Professional Report 2019”.
Global Organic Rice Market: Drivers and Trends
Rice is a staple part of the global diet as it has a high nutrition value and health benefits. This is one of the important reasons the rice market is always rising at a steady pace. But the extensive use of pesticides have created health issues and that is the reason people are currently choosing organic rice. It eventually helps to grow the global organic rice market.
The organic rice paddies use environment-friendly compost, which helps to increase the soil health and helps to control nutrient run-offs of the grain. Thus, farmers are inclining toward cultivating organic rice paddies.
Global Organic Rice Market: Segment Analysis
The global organic rice market is segmented by type, form, size, and application. In terms of the type form and size, the market is segmented in three sections, and these are polished glutinous rice (sticky rice), polished round-grained rice, and indica (long-shaped rice). Based on the application, the market is segregated in two types, deep processing, and direct edible.
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Global Organic Rice Market: Forcast by Region
Global organic rice market is segmented as North America, Latin America, Europe, Africa, the Middle East, and Asia Pacific. North America and Asia Pacific are the regions that are being the two most competitive zone that globally dominate the organic rice market. The Asia Pacific market is dominated by Japan and China due to its extensive production and demand. North America and Europe follow closely. Rice is the staple food of a large number of world consumers and it is indicating the market of organic rice is expected to go high in the future.
Global Organic Rice Market: The key players
The key players that are studied in the market research are- Randall Organic, Doguet’s Rice, Sanjeevani Organics, Riceselect, Kahang Organic Rice, Texas Best Organics, Yinchuan, STC Group, Urmatt, SUNRISE Foodstuff JSC, Vien Phu, and Beidahuang.
Riceselect is one of the globally leading brands in organic farming. It is one of the largest exporters of organic rice and other organic products. Though rice has been its most prominent product, pasta is also well marketed by the brand worldwide. The latest introduction of this company is quinoa, which is not a grain but a gluten-free seed. But it is used in all the same ways as whole grains. Quinoa is available in Red, White, and Tri-Color and is Non-GMO Project verified.
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