GCC Rice Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 3.3% (2024-2032)
The GCC rice market is growing due to high consumption, increasing demand for premium varieties, and a focus on food security. According to the latestreport by IMARC Group, the market is projected to grow at a CAGR of 3.3%from 2024 to 2032.
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GCC Rice Market Trends and Drivers:
The GCC rice market is experiencing growth, primarily driven by a rising population, including a significant expatriate community from rice-consuming countries. The high demand for rice, due to its cultural significance and essential role in traditional dishes, is bolstering the market. As disposable incomes increase, consumers are increasingly opting for premium and specialty rice varieties.
Given the region’s limited water resources and arable land, the market relies heavily on rice imports to meet domestic demand, further supporting market expansion. Emerging trends include a growing preference for healthier and organic rice varieties, such as brown rice and basmati, spurred by increased health consciousness. Additionally, there is a heightened focus on sustainable and ethical sourcing practices as consumers become more concerned with the environmental and social impacts of their food choices, which is expected to continue driving the GCC rice market growth.
GCC Rice Industry Segmentation:
The report has segmented the market into the following categories:
Product Type Insights:
- Regular
- Aromatic
Type Insights:
- Red Rice
- Arborio Rice
- Black Rice
- Grain Fragrance Rice
- Brown Rice
- Rosematta Rice
- Grain Parboiled Rice
- Sushi Rice
- Others
Grain Size Insights:
- Long Grain
- Medium Grain
- Short Grain
Distribution Channel Insights:
- Offline Stores
- Online Stores
Application Insights:
- Food
- Feed
- Others
Country Insights:
- Saudi Arabia
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
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Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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