Dublin, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The "Packaged Basmati Rice - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The crafted elucidation on the burgeoning Packaged Basmati Rice landscape articulates a comprehensive analysis attributing to the market's ascent to an estimated US$59 Billion by the dawn of 2030. The forecast exemplifies a robust Compound Annual Growth Rate (CAGR) of 9.3% from 2022 through the terminal year of the augury period. A detailed dissection of the market segments unveils that the Dry category is poised to witness an exceptional CAGR of 10.3%, culminating in a market valuation of US$43.5 Billion.
In the geographic analysis, the U.S. market embodies a notable position with an estimated worth of US$7.8 Billion as of 2022. Concurrently, the Asia-Pacific titan, China, is prognosticated to surge ahead at an impressive CAGR of 12.9%, aspiring to a market share of US$13.2 Billion by 2030. The study also spotlights Japan and Canada, projecting growth rates of 6.9% and 7.3%, respectively. Europe, with Germany at the forefront, is envisaged to expand at around 7.3% CAGR.
Key Insights of the Report:
- Market Dynamics: A constellation of factors including post-pandemic recovery trajectories, the Parboiled segment's growth has been adjusted to a CAGR of 7.4% over the next eight years.
- Competitive Landscape: An exclusive section offers an analysis of 54 seminal market players steering the industry's direction.
- Latest Developments: Specialized focus is provided on current global events such as the Russia-Ukraine conflict, inflationary trends, China’s policy shifts, supply chain variations, international trade frictions, and the looming risks of a recession.
This quintessential research dossier furnishes profound intelligence on global competitiveness and market presence across varied geographies. This saga of incessant exploration includes a gamut of magnitudes such as regional growth potentials and segment-wise prognostications, all of which are woven into an integral narrative that primes stakeholders for informed decision-making.
The report galvanizes industry professionals by providing incomparable assets such as a peer-to-peer collaborative updates system and a digital research platform enriched with bespoke updates. To affirm an enduring relevance, complimentary updates are extended for a year ensuing the entrée into this realm of knowledge.
The document demystifies the Packaged Basmati Rice market's intricacies, guiding through the labyrinth of current trends to a horizon of opportunities and strategic maneuvers. This indispensable resource is a beacon for entities ranging from market contenders to astute investors, encapsulating the pulse of an ever-evolving industry landscape.
For a holistic comprehension of the market currents and a strategic edge, this report emerges as an essential touchstone, charting a course through the tempests of market vicissitudes towards sustainable profitability and growth.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 329 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $28.9 Billion |
| Forecasted Market Value (USD) by 2030 | $59 Billion |
| Compound Annual Growth Rate | 9.3% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes
- Adani Wilmar Ltd.
- Amira Nature Foods Ltd.
- Hain Celestial Group
- KRBL Limited
- LT Foods Ltd.
- McCormick & Co., Inc.
For more information about this report visit https://www.researchandmarkets.com/r/nzn40i
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