The report “Global Fortified Rice Market by micronutrients (Minerals, Vitamins, and Others), by technology (Drying, Extrusion, Coating Technology & Encapsulation, and Others), by end-users (Commercial and Residential), by distribution channel (Convenience Stores, Modern Trade, Departmental Stores, Online Stores, and Others), and by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America)” Market was valued at US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of XX% during a forecast period.
Global fortified rice market growth is driving owing to it is sustainable and cost-effective measure of providing nutrition supply to the population. The rising investment in R&D by the manufacturers for enhancing the nutritional value of the rice, which is expected to surge the market growth across the globe. The various government bodies are taking initiative to improve the nutritional content among the population across the globe, which is propelling the market growth in a positive way.
Rising awareness regarding health and healthy food products among consumers across the globe, which is anticipated to fuel the market growth in the forecast period. However, the high cost associated with various technologies for improving the rice, which is anticipated to hamper the global fortified rice market growth during the forecast period.
The vitamins segment is leading the Fortified Rice Market.
The vitamins segment is expected to hold the largest share in the market during the forecast period due to various government preferences changing towards the vitamins contained in the food products. Minerals are also expected to drive market growth in a positive way.
The residential segment is leading the Fortified Rice Market.
The residential segment is expected to hold the largest share in the market in the near future owing to the rise in consumption of fortified rice among consumers across globally.
The modern trade segment is leading the Fortified Rice Market.
The modern trade segment is anticipated to propel the market growth in the forecast period. Online stores segment is also anticipated to fuel the market growth in the near future as the rising popularity of e-commerce websites among consumers across the globe.
North America is the leading regional market for Fortified Rice Market.
North America is expected to hold the largest share in the market during the forecast period owing to the presence of the key manufacturers in this region. In addition, well-developed industrialization and economy, which is expected to drive the market growth during the forecast period in the region. The Asia Pacific region is estimated to generate highest CAGR in the global fortified rice market during the forecast period due to rising population coupled with increasing demand for the food products in developing countries of this region such as India and China. Moreover, the growth in consumption of fortified rice, which is propelling the market in this region.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as are Aroma Fields, Tilda Rice, LT Foods, REI Agro Ltd., Cargill Incorporated, BASF SE, Buhler AG, Willmar International Ltd, General Mills, Inc, Kohinoor Specialty Foods India Private Ltd., DSM, KRBL Limited, The Rice ‘n Spice Intl Ltd, and Bunge Limited.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on” Fortified Rice Market”.
https://www.maximizemarketresearch.com/market-report/global-fortified-rice-market/27101/
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