The revenue mix of most of the companies of Glutinous Rice Market may change in coming time. One of the important factors would be the shift in topline of the clientele that will push them hard to adopt innovation and spend more on R&D to meet ever dynamic evolving requirements. Some of the players who are preparing for their clients future revenue shift will ride the tide, while others might find it challenging to sustain. To cite an in-depth market outlook AMA released its new publication on Glutinous Rice Market with coverage over 100+ industry players, some of the profiled players are Western Foods, LLC (United States), STC Group (Thailand), Starch Asia (Thailand), Grain Vietnam Co., Ltd. (Vietnam), Wonnapob Company Limited (Thailand), Haprosimex JSC (Vietnam), Nanapan Group (Thailand) and Siam Rice Export (Thailand).
The article cited AMA's "Global Glutinous Rice Market Study" explored CAGR of 2.7%. According to the report, Introduction of Premium Quality Glutinous Rice Range is one of the primary growth factors for the market. Demand for Sticky and Sweet Rice in the Production of Asian Cuisines
is also expected to contribute significantly to the Glutinous Rice market. Overall, Sauces
applications of Glutinous Rice, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Supermarket, is boosting the Glutinous Rice market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Grain, such as Long Grain, is boosting the Glutinous Rice market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Glutinous Rice market identified that the demand is rising in many different parts of the world as "Growing Awareness about the Glutinous Rice and its Benefits
". Furthermore, some recent industry insights like "On 12th August 2020, Rice and ancient grain provider Western Foods, L.L.C. has acquired American Sunny Foods, Inc., a Stockton, Calif.-based rice flour manufacturer. As part of the acquisition, the company obtained Japanese-style processing capabilities and technical expertise found at American Sunny Foods’ processing facility, which gives rice flours high-quality whiteness, low-micro standards, and consistent viscosities, according to the company. In addition to medium grain and glutinous rice flours from California, the full product range will include long grain and medium grain rice flours from the southern United States." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Glutinous Rice market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Glutinous Rice market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Glutinous Rice market tight? Which application/end-user category or Product Type may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Glutinous Rice market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Glutinous Rice market size is calculated using market estimation process, the Glutinous Rice market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Glutinous Rice market size has been validated using both top-down and bottom-up approaches.