About Jasmine Rice
Jasmine rice is also known as Aromatic rice, is a fragrant long-grain rice variety. Thailand, Cambodia, and southern Vietnam are the top producers of jasmine rice. When cooked, it has a mildly sweet flavor and is juicy and soft in texture. When cooked, the grains cling to each other and become slightly sticky, though not as sticky as glutinous rice due to the lower amylopectin content. It has three times the stickiness of long-grain rice from the United States. Improved Immune System is one of jasmine rice's benefits. It Promotes Healthy Pregnancy, Jasmine rice is packed with folic acid, and it Supports Digestive Health. Colorful kinds of jasmine rice, including red, purple, and blue, are packed with phytonutrients. The share of Jasmin rice exports Thailand to the USA IS 41% in 2020. Similarly Thailand to China 11.6%, Thailand to Hong Kong 10.6% respectively.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Mergers and acquisitions, expansions, investments, new service launches, and collaborations are some of the companies' preferred market-exploration strategies. Players are expanding and acquiring businesses in new geographies to get a competitive edge through synergy. Pricing analysis and a comprehensive assessment of market conditions during the forecast period are included. Ian t's in-depth study that concentrates on primary and secondary drivers, market share, leading segments, and regional analysis. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
COFCO (China), Fu Tai Long (China), Wilmar (Singapore), Wan Nian Gong (China), Endaksi (Calimera Llc) (Russia), Fade-Kay Ventures Limited (Turkey), Hs Rice Co., Ltd (Cambodia), Ohspicy Food Ltd (Thailand), Natufoodvn (Vietnam) and Chanhkhang Rice Vermicelli (Vietnam) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Jasmine Rice market by Type (White, Brown and Others), Application (Industrial and Household) and Region.
On the basis of geography, the market of Jasmine Rice has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Rice Length, the sub-segment i.e. Large will boost the Jasmine Rice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Supermarkets/Hypermarket will boost the Jasmine Rice market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Specialty Rice Varieties
Market Growth Drivers:
The dietary shift of consumers towards carbohydrate-based diet, The rice exports by Asian countries growing demand for the Jasmine rice market and Changing lifestyle and growing population
Challenges:
Declining productivity in intensive rice production systems
Restraints:
Increasing Governments Initiatives and Substitute availability for the Jasmine rice
Opportunities:
Improved rice production technologies create an opportunity and Increasing consumption of jasmine rice in developed countries
Market Leaders and their expansionary development strategies
In Jan 2020, LT Foods, an Indian snacks company, has partnered with Kameda Seika, Japan's largest rice crackers maker, to launch rice crackers. The two companies collaborated to produce a line of rice crackers.
In May 2020, India Gate Basmati Rice teamed up with Zomato and Swiggy to bring products to consumers’ home doors.
Key Target Audience
Jasmine Rice manufactures, Jasmine Rice producer, Jasmine Rice Retailer, Investors, Government & Regulatory Bodies and Research Institutes
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.