Brown Rice Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71124
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The brown rice market has the potential to grow by USD 5.42 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.61%.

This brown rice market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (brown basmati rice and sweet brown rice) and geography (APAC, Europe, North America, South America, and MEA). The brown rice market report also offers information on several market vendors, including Agistin Biotech Pvt. Ltd., Amira Nature Foods Ltd., Ebro Foods SA, Flying Trade Group PLC, Goya Foods Inc., KRBL Ltd., Lotus Foods Inc., LT Foods Ltd., Lundberg Family Farms, and SHRI LAL MAHAL Group among others.

What will the Brown Rice Market Size be in 2021?

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Brown Rice Market: Key Drivers and Trends

The new product launches are notably driving the brown rice market growth, although factors such as challenges due to climatic changes may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the brown rice industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • The growing number of product launches is one of the major factors driving the brown rice market growth during the forecast period.
  • Several different brown rice products have been launched in the last few years across various retail channels including online stores, hypermarkets, and supermarkets.
  • The new product launches include brown rice cakes, rolls, and chips, brown basmati rice, brown rice with flax seed, and organic rice.
  • With the higher availability of brown rice products, awareness about their benefits has increased. This, in turn, is driving the sales volumes for brown rice along with driving the brown rice market growth over the last few years.
  • The emergence of quick cooking brown rice is one of the key brown rice market trends, which will propel market growth.
  • Industry players within the brown rice market identified that one of the primary concerns which deter the adoption of brown rice is the long time taken for it to cook.
  • To overcome the challenge, many vendors are introducing variants that do not take a lot of cooking time.
  • Vendors have come up with ready-to-cook products which can be cooked within minutes, and even ready-to-eat variants which are fully cooked and only need to be heated and served. 

This brown rice market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Brown Rice Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Agistin Biotech Pvt. Ltd.
  • Amira Nature Foods Ltd.
  • Ebro Foods SA
  • Flying Trade Group PLC
  • Goya Foods Inc.
  • KRBL Ltd.
  • Lotus Foods Inc.
  • LT Foods Ltd.
  • Lundberg Family Farms
  • SHRI LAL MAHAL Group

 

This statistical study of the brown rice market encompasses successful business strategies deployed by the key vendors. The brown rice market is fragmented and the vendors are deploying growth strategies such as acquisition and product launches to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The brown rice market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Brown Rice Market?

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77% of the market’s growth will originate from APAC during the forecast period. China, India, Indonesia, Bangladesh, and Vietnam are the key markets for brown rice in APAC. Market growth in this region will be faster than the growth of the market in MEA and South America.

New product launches by major vendors and rice millers will facilitate the brown rice market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Brown Rice Market?

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The brown rice market share growth by the brown basmati rice segment will be significant during the forecast period. Brown basmati rice is one of the most important varieties of brown rice. The increase in the demand for brown basmati rice ensues from the global popularity of healthy whole grains such as barley, oatmeal, buckwheat, and basmati rice, including brown basmati. The popularity of Asian cuisines, including dishes made of basmati, and the rising Asian and Indian diaspora worldwide will further propel the segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the brown rice market size and actionable market insights on post COVID-19 impact on each segment.

 

Brown Rice Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.61%

Market growth 2021-2025

$ 5.42 billion

Market structure

Fragmented

YoY growth (%)

2.93

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 77%

Key consumer countries

China, India, Indonesia, Bangladesh, and Vietnam

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

Agistin Biotech Pvt. Ltd., Amira Nature Foods Ltd., Ebro Foods SA, Flying Trade Group PLC, Goya Foods Inc., KRBL Ltd., Lotus Foods Inc., LT Foods Ltd., Lundberg Family Farms, and SHRI LAL MAHAL Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Factors Covered in this Brown Rice Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive brown rice market growth during the next five years
  • Precise estimation of the brown rice market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the brown rice industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of brown rice market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Brown basmati rice - Market size and forecast 2020-2025
    • Sweet brown rice - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Agistin Biotech Pvt. Ltd.
      • Amira Nature Foods Ltd.
      • Ebro Foods SA
      • Flying Trade Group PLC
      • Goya Foods Inc.
      • KRBL Ltd.
      • Lotus Foods Inc.
      • LT Foods Ltd.
      • Lundberg Family Farms
      • SHRI LAL MAHAL Group

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The brown rice market growth will increase by $5419.77 million during 2020-2025.
      The brown rice market is expected to grow at a CAGR of 3.61% during 2020-2025.
      Technavio has segmented the brown rice market by product (Brown basmati rice and Sweet brown rice) and geographic (APAC, Europe, North America, South America, and MEA).
      Agistin Biotech Pvt. Ltd., Amira Nature Foods Ltd., Ebro Foods SA, Flying Trade Group PLC, Goya Foods Inc., KRBL Ltd., Lotus Foods Inc., LT Foods Ltd., Lundberg Family Farms, SHRI LAL MAHAL Group are a few of the key vendors in the brown rice market.
      APAC will register the highest growth rate of 76.76% among the other regions. Therefore, the brown rice market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • India
      • Indonesia
      • Bangladesh
      • Vietnam
      The key factors driving the brown rice market growth are:
      • New product launches
      The brown rice market vendors should focus on grabbing business opportunities from the brown basmati rice segment as it accounted for the largest market share in the base year.
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